Author: roymorgansocial

Investors defy Brexit to scoop bargains

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Original article by Jessica Sier
The Australian Financial Review – Page: 29 : 8-Jul-16

CYBG and Henderson Group are among the Australian-listed stocks that have been heavily sold down in the wake of the UK’s vote to leave the European Union. Some local fund managers have capitalised on the bearish sentiment to increase their holdings of unloved stocks that have exposure to the UK. However, Bennelong Australian Equity Partners’ Julian Beaumont remains cautious about such stocks, while some fund managers are increasing their holdings of gold stocks or real estate investment trusts.

CORPORATES
CYBG PLC – ASX CYB, HENDERSON GROUP PLC – ASX HGG, PERPETUAL INVESTMENTS, BENNELONG AUSTRALIAN EQUITY PARTNERS PTY LTD, AVIVA PLC, THE STAR ENTERTAINMENT GROUP LIMITED – ASX SGR, ARISTOCRAT LEISURE LIMITED – ASX ALL, PHOENIX PORTFOLIOS PTY LTD, DESANE GROUP HOLDINGS LIMITED – ASX DGH, BLACKWALL PROPERTY TRUST – ASX BWR, STATE STREET GLOBAL ADVISORS AUSTRALIA LIMITED, CHARTER HALL RETAIL REIT – ASX CQR, VAN ECK ASSOCIATES CORPORATION, REGIS RESOURCES LIMITED – ASX RRL, MOONSTAR INVESTMENTS PTY LTD, PANTERRA GOLD LIMITED – ASX PGI, UBS HOLDINGS PTY LTD, SYRAH RESOURCES LIMITED – ASX SYR, MACQUARIE GROUP LIMITED – ASX MQG, GRYPHON MINERALS LIMITED – ASX GRY

Soy drinks: dairy alternative or health elixir?

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Jul-16

A Roy Morgan Single Source survey has found that 5.7 per cent of Australians aged 14+ (or just over 1.1 million people) reported consuming at least one soy drink in any given seven-day period during the year to March 2016. This compares with 5.3 per cent in the year to March 2012. Meanwhile, the proportion of Australians who consume energy drinks has fallen from 6.6 per cent to 5.6 per cent over this period, and consumption of sports drinks has fallen from 6.0 per cent to 5.6 per cent. The survey also shows that 31.3 per cent of Australians who consume soy drinks in an average seven days also drink regular fresh white milk in that time.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Realestate.com.au still leads with 4.5m visitors vs 3.2m going to Domain – but 2.2m Australians use both

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Jul-16

A Roy Morgan Single Source survey has found that 28 per cent of Australians aged 14+ (or 5.5 million people) used the website or app of Domain or Realestate.com.au in an average four weeks during the year to March 2016. About 4.5 million visited Realestate.com.au via website or app and 3.2 million visited Domain, while almost 2.2 million (11 per cent) accessed both property sites. The survey also shows that the Realestate.com.au website gets 4.3 million unique visitors in an average four weeks, ahead of almost 3.1 million for Domain. Meanwhile, a combined 1.5 million Australians use the app for either or both, including 1.2 million tapping into Realestate.com.au and 700,000 into Domain on their mobiles or tablets.

CORPORATES
ROY MORGAN RESEARCH LIMITED, REALESTATE.COM.AU, DOMAIN.COM.AU, NEWS CORP AUSTRALIA PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ

Runaway success: Australia’s jogging boom

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Jul-16

A Roy Morgan Single Source survey has found that 23.2 per cent of Australians aged 14+ went jogging on a regular or occasional basis in the year to March 2016, compared with 14 per cent in the year to March 2006. Jogging was the fastest-growing sport/exercise in Australia over the last 10 years, ahead of hiking/bushwalking, cycling and yoga. Men’s overall participation has increased from 16.4 per cent to 24.2 per cent, while the proportion of women joggers has almost doubled from 11.6 per cent to 22.2 per cent. The survey also shows that while jogging participation peaks among the 14-24 year-old age bracket, older age brackets have shown the biggest change – particularly among women.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Brexit II pushes Aussie bonds to record low

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Original article by Vesna Poljak, James Chessell
The Australian Financial Review – Page: 1 & 29 : 7-Jul-16

The yield on Australia’s 10-year government bond fell to a record low of 1.84 per cent on 6 July 2016. Bearish sentiment toward equities also prompted the yield on US Treasuries to fall to 1.34 per cent. The global shift to "safe haven" assets also prompted a rally in the gold price, which reached its highest level in two years. Meanwhile, the fallout from the UK’s vote to leave the European Union is continuing, with several British property funds moving to freeze redemptions.

CORPORATES
UBS GLOBAL ASSET MANAGEMENT (AUSTRALIA) LIMITED, BANK OF ENGLAND, STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S ASX 200 BANKS INDEX, AXA INVESTMENT MANAGERS PTY LTD, M&G INVESTMENT MANAGEMENT LIMITED, AVIVA PLC, STANDARD LIFE PLC, YOUGOV LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, SPDR GOLD TRUST, COMMODITY EXCHANGE OF NEW YORK

A golden bet on Dacian that paid off for the ‘Kalgoorlie Mafia’

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Original article by Paul Garvey
The Australian – Page: 19 & 22 : 7-Jul-16

Shares in Dacian Gold reached a record high of $A3.38 on 6 July 2016, compared with less than $A0.30 in early 2015. Dacian is poised to become one of Australia’s 10 largest gold producers when the Mount Morgans project is commissioned in 2018. Dacian will shortly release the results of a drilling program at its Westralia deposit, while drilling will commence at its Callisto prospect in August. CEO Rohan Williams and a group of investors injected $A10m worth of seed capital into Dacian in 2012.

CORPORATES
DACIAN GOLD LIMITED – ASX DCN, RANGE RIVER GOLD LIMITED, BLUE OCEAN EQUITIES PTY LTD, GOLD FIELDS LIMITED

United Voice penalty rates push key to marginal swing

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Original article by Sarah Martin
The Australian – Page: 8 : 7-Jul-16

David McElrea, the assistant secretary of United Voice, says the union movement’s campaign on the issue of penalty rates in 10 marginal was a significant contributor to the large swing to the Australian Labor Party in the federal election. The union-backed campaign included text messages, robocalling and digital advertising, and played on fears that the Coalition would reduce weekend penalty rates in the retail and hospitality sectors if it is re-elected.

CORPORATES
UNITED VOICE, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, REACHTEL PTY LTD

Negative gearing back on table

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Original article by Samantha Hutchinson
The Australian – Page: 6 : 7-Jul-16

Property industry experts are concerned that the Coalition may change its stance on the negative gearing regime in the wake of the federal election. There are indications that some crossbenchers may support the Australian Labor Party’s proposed negative gearing reforms, which could in turn force the Coalition to reconsider its commitment to the existing regime. However, at least two independents – Bob Katter and Cathy McGowan – support the existing rules on negative gearing.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, NICK XENOPHON TEAM, ONE NATION PARTY, CENTURY 21 REAL ESTATE, GRATTAN INSTITUTE, PROPERTY COUNCIL OF AUSTRALIA LIMITED

Troubled Guvera’s London IPO plan

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Original article by Misa Han
The Australian Financial Review – Page: 8 : 7-Jul-16

Documents filed in court show that Australian streaming music provider Guvera originally intended to list on the London Stock Exchange rather than the local bourse. Guvera abandoned plans for a London listing following the collapse of its UK subsidiary Blinkbox, which boasted about 2.5 million subscribers when it was bought in early 2015. Guvera had acquired Blinkbox in order to facilitate its British IPO. Guvera’s Australian IPO was subsequently rejected, prompting two subsidiaries to be placed in administration.

CORPORATES
GUVERA LIMITED, BLINKBOX, LONDON STOCK EXCHANGE, ASX LIMITED – ASX ASX, TESCO PLC, FEDERAL COURT OF AUSTRALIA, DELOITTE TOUCHE TOHMATSU LIMITED

PM finally set to scrape home

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 2 : 7-Jul-16

Seven undecided seats are likely to determine the outcome of the 2016 federal election. The Coalition appears to have won 72 seats to date, and Treasurer Scott Morrison is "very confident" that it will secure the 76 lower house seats required to form a majority government. However, Prime Minister Malcolm Turnbull will hold meetings with several crossbenchers as a contingency plan in the event that the Coalition falls short of this target. Counting of votes is continuing, but the Australian Labor Party currently has 50.2 per cent of the popular vote on a two-party preferred basis.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF HEALTH, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, VICTORIA. DEPT OF PREMIER AND CABINET, VICTORIA. COUNTRY FIRE AUTHORITY