Author: roymorgansocial

First-time parents most likely to buy packaged baby food

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 31-Jul-15

A Roy Morgan Single Source survey has found that around 1.5 million Australians aged 14+ have babies, and one in five of these parents bought baby food in the last four weeks. The survey, which was carried out in the two years to March 2015, also shows that 26 per cent of parents aged 24 and under buy baby food in an average four-week period, compared with 22 per cent of 25-34 year-olds and just 19 per cent of those aged 35 and over. Meanwhile, 25 per cent of first-time parents buy baby food in an average four weeks.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Iron ore recovery to be ‘short term’

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Original article by Rose Powell
The Australian Financial Review – Page: 23 : 31-Jul-15

The price of iron ore rose by 4.57 per cent on 30 July 2015, to $US55.89 per tonne, after reaching a low of $US45 earlier in the month. Kelly Teoh of Clarksons does not expect the upturn to be sustained and warns that the iron ore price will fall again. Ric Spooner of CMC Markets agrees, noting that the commencement of production at projects such as Roy Hill will weigh on the iron ore price.

CORPORATES
CLARKSONS, CMC MARKETS PTY LTD, BLOOMBERG LP, ROY HILL IRON ORE PTY LTD, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, FORTESCUE METALS GROUP LIMITED – ASX FMG, UBS HOLDINGS PTY LTD, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, QUAY EQUITIES PTY LTD

Sunbeam blenders help to cook up profit surge at GUD

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Original article by Jared Lynch, Simon Evans
The Australian Financial Review – Page: 16 : 31-Jul-15

Australian-listed GUD Holdings has posted a 2014-15 net profit of $A33.2m, which is 88 per cent higher than previously. Group revenue was three per cent higher at $A611.5m. The Sunbeam appliances division recorded underlying EBIT of $A7.3m. The 383 per cent increase has been attributed to the introduction of new products and reduced freight costs. GUD Holdings’ shares closed 10.9 per cent higher at $A9.38 on 30 July 2015.

CORPORATES
GUD HOLDINGS LIMITED – ASX GUD, SUNBEAM CORPORATION LIMITED, DEXION LIMITED, DAVEY PRODUCTS PTY LTD, RYCO PTY LTD, OATES CLEAN, JARDEN CORPORATION LIMITED

Quickflix shares halted amid buy fervour

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Original article by Max Mason
The Australian Financial Review – Page: 18 : 31-Jul-15

Shares in Quickflix were suspended from trading at $A0.002 on 30 July 2015, ahead of an announcement on a possible deal with an offshore group. Quickflix did not specify whether it is the potential target or the acquirer, but the trading halt has prompted speculation that the video-on-demand and DVD rental group will be taken over. It is estimated that Australia’s streaming video industry boasts about two million subscribers.

CORPORATES
QUICKFLIX LIMITED – ASX QFX, NETFLIX INCORPORATED, PRESTO ENTERTAINMENT PTY LTD, STAN ENTERTAINMENT PTY LTD, FOXTEL MANAGEMENT PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED – ASX FXJ, HBO, SEVEN WEST MEDIA LIMITED – ASX SWM

Support for gay marriage grows but interest wanes

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Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 31-Jul-15

JWS Research has found that 54 per cent of Australian electors now support same-sex marriage, which represents a nine per cent increase since the last federal election. The research, which is based on quantitative polling and focus groups, also found that women and electors in the 18-34 age group are most in favour of gay marriage. However, the focus groups also show that many Australians do not regard the issue as a key priority.

CORPORATES
JWS RESEARCH PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIAN CHRISTIAN LOBBY

Australians give their views on Tony Abbott & Bill Shorten

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 30-Jul-15

A recent Morgan Poll showed that Prime Minister Tony Abbott has a rating of 42 per cent as the "Better PM", compared with a 41 per cent rating for Opposition Leader Bill Shorten. Special qualitative and quantitative research conducted by Roy Morgan Research has examined Australians’ views on why they prefer Abbott or Shorten as PM, as well as the reasons why they either approve or disapprove of each leaders’ performance.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY

TPP importance ‘modest’, says former WTO head

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Original article by Geoff Winestock
The Australian Financial Review – Page: 7 : 31-Jul-15

Pascal Lamy has downplayed the likely impact of the proposed Trans-Pacific Partnership (TPP) on the global economy. The former director-general of the World Trade Organization notes that the US seems reluctant to make any significant trade concessions as part of the TPP process. He also warns that the price of drugs will rise if the US succeeds in having patent protection for the pharmaceutical industry extended to 15 years.

CORPORATES
TRANS-PACIFIC PARTNERSHIP, WORLD TRADE ORGANIZATION, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, BOAO FORUM FOR ASIA, NATIONAL PARTY OF AUSTRALIA, PHILIP MORRIS ASIA INCORPORATED

Sumitomo deal wide of the mark

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Original article by Perry Williams
The Australian Financial Review – Page: 19 : 31-Jul-15

Australian-listed Stanmore Coal has paid just $A1 for the Isaac Plains coal mine in Queensland’s Bowen Basin. Japan-based Sumitomo had paid $A430m for Aquila Resources’ 50 per cent stake in the mine in 2011. The downturn in coal prices prompted joint owners Sumitomo and Vale to mothball the mine in September 2014 and put it on the market. Stanmore aims to resume production at Isaac Plains in the first six months of 2016.

CORPORATES
STANMORE COAL LIMITED – ASX SMR, AQUILA RESOURCES LIMITED, SUMITOMO CORPORATION, VALE SA, SHANGHAI BAOSTEEL GROUP CORPORATION, AURIZON HOLDINGS LIMITED – ASX AZJ

Metcash in alleged stall on SupaBarn deal

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Original article by Sue Mitchell
The Australian Financial Review – Page: 13 & 18 : 31-Jul-15

The Australian Competition & Consumer Commission will decide in September 2015 whether to approve Coles Group’s deal to buy SupaBarn. The deal would give Coles an additional nine supermarkets in the Australian Capital Territory and Sydney, although it has existing stores in close proximity to each SupaBarn outlet. Metcash has raised concerns with the ACCC about the proposed deal’s effect on competition, but the grocery wholesaler rejects suggestions that it has organised a supplier campaign against the deal.

CORPORATES
COLES GROUP LIMITED, COLES SUPERMARKETS AUSTRALIA PTY LTD, SUPABARN SUPERMARKETS PTY LTD, METCASH LIMITED – ASX MTS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, INDEPENDENT GROCERS OF AUSTRALIA, MASTER GROCERS’ AUSTRALIA PTY LTD, WOOLWORTHS LIMITED – ASX WOW

Don’t knock the box: Australia’s cask wine drinkers

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 30-Jul-15

A Roy Morgan Single Source survey has found that 45 per cent of Australians aged +18 drank wine in an average four weeks in the year to March 2015. This compares with 50 per cent in 2007. The survey also shows that 16 per cent of Australians drink cask wine, compared with 30 per cent in 2007. Analysis by gender shows that 18 per cent of men drink cask wine in an average four weeks, compared with 14 per cent of women, while people aged 65+ are almost 60 per cent more likely than the average wine drinker.

CORPORATES
ROY MORGAN RESEARCH LIMITED