BUY HOLD SELL recommendations

BUY HOLD SELL – Qantas Airways (ASX: QAN)

Qantas Airways (QAN) upgraded profits to between $1.35bn and $1.45bn in a market update yesterday. The upgrade is a $150m increase from previous forecasts for the first half of 2023. The company has had a strong rebound from its COVID lows, with increased profit and revenue guidance for the first half of 2023 as travel demand continues…

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BUY HOLD SELL – Aristocrat Leisure (ASX: ALL)

Aristocrat Leisure (ALL) is a high-conviction stock for many investors. The group reported FY22 results this morning with strong revenue and profit growth that was a slight miss on estimates. The share price is down 5.5% this morning, as management failed to provide meaningful guidance with any figures and gave us the typical “expects to deliver profit…

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Elders (ELD) plummeted on the release of results on November 14 (Monday). Down 22.9% on the day of the release. Henry bought it as a trade feeling the sell-off was overdone in the short term. Some bullet points: Announced the retirement of their long-time CEO next year, who has been a mainstay for the company…

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Xero fell 10.9% on the back of its interim results. It is a $9.72bn company. It is the 50th biggest ASX listed company. Key Points   Half year net loss of NZ$16.1m.   No dividend. None was expected.   CEO retires after five years, new CEO appointed.   Operating revenue increased 30%.   EBITDA increased 11%.…

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BUY HOLD SELL – Macquarie Group (ASX: MQG)

Macquarie Group (ASX: MQG) reported first-half net profit of $2.305bn, ahead of consensus of $2.16bn. The group announced an interim dividend of $3.00/share, with 40% franking. Profits were up 13% on last year but down 13% on the second half of FY22. Assets under management increased 3% to $795.6bn over the first half of the year.…

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BUY HOLD SELL – PointsBet Holdings (ASX: PBH)

PointsBet Holdings (PBH) released its first-quarter activities report this morning, with a turnover of $1.16bn vs year-ago $979.9m. The company had a great quarter of growth in the US compared to the previous year. Turnover was 50% higher vs the previous comparable period, although was down 24% on the previous quarter. The group’s biggest cost…

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Rio Tinto Building


Rio Tinto (RIO) has reported its third-quarter production numbers, with Pilbara iron ore shipments of 82.9Mt, coming in below consensus of 83.2Mt, and 1% lower than last year. RIO lowered its full-year production guidance to the bottom end of the prior 320-335MT range, while cost guidance remained unchanged. RIO has warned of further downside risks to…

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BUY HOLD SELL - Computershare (ASX CPU)

BUY HOLD SELL – Computershare (ASX: CPU)

Computershare (CPU) is a business that offers corporate trust, stock transfer and employee share plan services in a number of different countries. Most of its earnings come from operations outside Australia with the US its biggest contributor.  Aside from fees for its services, CPU generates a large portion of its earnings from interest on client-owned…

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