Author: roymorgansocial

Tool time: hardware/gardening products in Aussie households

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

A Roy Morgan Single Source survey has found that 53 per cent of Australian households owned power tools in the year to March 2015, compared with 54 per cent in the year to March 2011. The survey also shows that lawnmower ownership has fallen from 62 per cent to 60 per cent over the last five years, while the proportion of households with a whipper-snipper/brush-cutter/line-trimmer has fallen from 51 per cent to 48 per cent. Meanwhile, the number of households that have a chainsaw has risen from 24 per cent to 27 per cent.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Fundies say $400m price tag too high for Amaysim

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Original article by David Ramli
The Australian Financial Review – Page: 15 : 15-Jun-15

Analysts value mobile telephone services reseller Amaysim at between $A367m and $A483m. The private equity owners of Amaysim are believed to be looking at a valuation of about $A400m for a proposed IPO. Amaysim currently boasts about 716,000 mobile phone subscribers and forecasts that its customer base will top one million by fiscal 2019. However, the telco is facing competition from Australia’s three mobile network owners.

CORPORATES
AMAYSIM AUSTRALIA PTY LTD, SINGTEL OPTUS PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, VODAFONE HUTCHISON AUSTRALIA PTY LTD, NETFLIX INCORPORATED

Done deal: Metro sets float date

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Original article by Larry Schlesinger
The Australian Financial Review – Page: 33 : 15-Jun-15

Metro Property Development is offering its shares to retail and institutional investors at $A2.25 apiece in an IPO that will raise about $A170m. The residential property developer will have a larger market capitalisation than listed rivals such as Sunland Group and Finbar when it debuts on the Australian sharemarket on 13 July 2015. Metro’s founders will retain a 46 per cent stake in the group.

CORPORATES
METRO PROPERTY DEVELOPMENT PTY LTD, MOELIS AND COMPANY, MORGANS FINANCIAL LIMITED, SUNLAND GROUP (VIC) NO 2 PTY LTD, FINBAR GROUP LIMITED – ASX FRI, VILLA WORLD LIMITED – ASX VLW, CEDAR WOODS PROPERTIES LIMITED – ASX CWP

Sydney ignores RBA as auction sales hit 87pc

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Original article by Larry Schlesinger
The Australian Financial Review – Page: 7 : 15-Jun-15

Preliminary figures from CoreLogic RP Data show that Sydney’s residential property market achieved an auction clearance rate of 87 per cent on the weekend of 13-14 June 2015. This compares with a clearance rate of 89 per cent on the previous weekend, and almost 70 per cent for the corresponding period in 2014. Melbourne’s preliminary clearance rate was 78 per cent, compared with 69 per cent for the same period in 2014.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, RP DATA LIMITED, DOMAIN.COM.AU, AUSTRALIAN PROPERTY MONITORS PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, RESERVE BANK OF AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY, BELLE PROPERTY PTY LTD, MARSHALL WHITE AND COMPANY PTY LTD, SHANGHAI GREENLAND GROUP COMPANY LIMITED, McGRATH REAL ESTATE PTY LTD, FRASERS PROPERTY AUSTRALIA PTY LTD, BAYENO

Nine plans local shift

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Original article by Jared Lynch
The Australian Financial Review – Page: 30 : 15-Jun-15

Nine Entertainment Company will increase its investment in Australian drama, after deciding not to renew its content deal with US-based Warner Bros. Nine Network programming director Andrew Backwell says local drama is generally rating well, while the plethora of options available for viewing US drama means such shows no longer attract large audiences in Australia. He adds that piracy is not such a big issue with local drama. Nine will continue to buy current TV shows from Warner Bros.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NINE NETWORK AUSTRALIA LIMITED, NETFLIX INCORPORATED, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN, WARNER BROS, ENDEMOL ENTERTAINMENT HOLDING NV

National Vet Care dogs ASX-listed Greencross

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Original article by Tim Binsted
The Australian Financial Review – Page: 21 : 15-Jun-15

It is estimated that Australians spend around $A2.6bn on veterinary services every year. National Veterinary Care aims to capitalise on this via a sharemarket float, which is slated for July 2015. The company is headed by Tomas Steenackers, a former general manager at listed veterinary services group Greencross. Steenackers’ firm comprises one veterinary clinic in Brisbane at present, but it plans to buy an additional 34 clinics if the IPO proceeds.

CORPORATES
GREENCROSS LIMITED – ASX GXL, NATIONAL VETERINARY CARE, DEUTSCHE BANK AG, IBISWORLD PTY LTD, MAYNE PHARMA GROUP LIMITED – ASX MYX, TERRY WHITE CHEMISTS, G8 EDUCATION LIMITED – ASX GEM, HEALTH DIRECT PTY LTD, ONCORE GROUP, WILSON HTM INVESTMENT GROUP LIMITED – ASX WIG, SHAW STOCKBROKING LIMITED

Crackdown on super inducements

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Original article by James Eyers, Clancy Yeates
The Australian Financial Review – Page: 16 : 15-Jun-15

The Superannuation Industry (Supervision) Act prohibits Australian financial institutions from offering employers incentives to choose them as their superannuation fund provider. Assistant Treasurer Josh Frydenberg has flagged stricter penalties to discourage such behaviour, a move that has been welcomed by Financial Services Council CEO Sally Loane.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, FINANCIAL SERVICES COUNCIL, AUSTRALIA. FAIR WORK COMMISSION, INDUSTRY SUPER AUSTRALIA PTY LTD

All in the wrist? How 2015’s smartwatch intention looks a lot like smartphone intention did in 2008

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 12-Jun-15

A Roy Morgan Single Source survey, which was carried out in the first four months of 2014, shows that 2.7 per cent of Australians aged +14 said they intend to buy a smartwatch in the next year. This is very similar to the 3.6 per cent of Australians who said they intended to buy an iPhone during the first four months after its local release in 2008. The age profile is also markedly similar: around 43 per cent of iPhone intenders between July and October 2008 were aged 14-24, and another 28 per cent were aged 25-34. Among today’s smartwatch intenders, 38 per cent are aged 14-24 and 30 per cent are aged 25-34.

CORPORATES
ROY MORGAN RESEARCH LIMITED, APPLE INCORPORATED, BLACKBERRY LIMITED

Tabcorp to revive ‘staid’ Keno brand

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Original article by John Stensholt
The Australian Financial Review – Page: 19 : 15-Jun-15

Australian-listed Tabcorp hopes a rebranding of Keno will revive interest in the lottery-style game and attract more players. The rebranding will be backed by a cross-media marketing campaign, featuring TV, radio and outdoor advertising. The marketing campaign uses the theme "let’s play!", and Tabcorp aims to attract younger people to Keno and get people to play the game more often.

CORPORATES
TABCORP HOLDINGS LIMITED – ASX TAH

Supermarket war delivers welcome boost for advertising

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Original article by Sue Mitchell
The Australian Financial Review – Page: 29 : 15-Jun-15

Grocery wholesaler Metcash has launched a new national marketing campaign with the slogan "It Pays to Shop Independent". Metcash has joined Coles and Woolworths in ramping up its advertising budget amid fierce competition in the supermarket sector. Meanwhile, Metcash is tipped to post a 2014-15 net loss of about $A400m when its financial results are released on 15 June 2015.

CORPORATES
METCASH LIMITED – ASX MTS, COLES SUPERMARKETS AUSTRALIA PTY LTD, WESFARMERS LIMITED – ASX WES, WOOLWORTHS LIMITED – ASX WOW, ALDI STORES SUPERMARKETS PTY LTD, INDEPENDENT GROCERS OF AUSTRALIA, CITIGROUP PTY LTD, AUSTRALIAN CONSUMERS’ ASSOCIATION