K64 Auxiliary Finance and Insurance Services

Dividends seek caring home

roymorgansocial Leave a comment

Original article by Vanessa Desloires
The Australian Financial Review – Page: 31 : 23-Sep-15

Australian-listed companies are poised to pay investors some $A18bn worth of dividends. However, UBS Wealth Management’s David Sokulsky says that in the near-term investors may be better off retaining their dividends in cash rather than reinvesting in shares. He says investors should wait until the US Federal Reserve increases the cash rate, as bank stocks may offer value when the central bank finally tightens monetary policy. He also says equity markets may have further downside.

CORPORATES
UBS WEALTH MANAGEMENT AUSTRALIA LIMITED, UNITED STATES. FEDERAL RESERVE BOARD, AMP CAPITAL INVESTORS LIMITED, CREDIT SUISSE (AUSTRALIA) LIMITED, EUROPEAN CENTRAL BANK, SUNCORP GROUP LIMITED – ASX SUN, WOODSIDE PETROLEUM LIMITED – ASX WPL, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Get used to lower growth, returns

roymorgansocial Leave a comment

Original article by Vanessa Desloires
The Australian Financial Review – Page: 23 : 18-Sep-15

UBS Global Asset Management’s Tracey McNaughton believes that the US Federal Reserve should raise the cash rate in September 2015, but warns that financial markets may experience further volatility in the near-term regardless of its decision. McNaughton also says Australian investors can expect to receive lower returns in the future and should no longer rely on the traditional "set and forget" investment strategy.

CORPORATES
UBS GLOBAL ASSET MANAGEMENT (AUSTRALIA) LIMITED, UNITED STATES. FEDERAL RESERVE BOARD, NIKKO ASSET MANAGEMENT GROUP

New PM a win for retail, media and tech shares

roymorgansocial Leave a comment

Original article by Vanessa Desloires
The Australian Financial Review – Page: 31 : 16-Sep-15

David Bassanese of BetaShares expects consumer and business confidence to rise in the near-term under new Prime Minister Malcolm Turnbull. He adds that Turnbull’s success in pursuing economic reform will determine whether a rise in business confidence is sustained. He says stocks in the retail, technology and construction sectors are likely to benefit from the leadership change. ST Wong of Prime Value Management say a Turnbull government may be positive for media stocks in particular.

CORPORATES
BETASHARES CAPITAL LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, PRIME VALUE ASSET MANAGEMENT LIMITED, PEAK ASSET MANAGEMENT PTY LTD, IG MARKETS LIMITED, UNITED STATES. FEDERAL RESERVE BOARD, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NEWS CORPORATION – ASX NWS, AUSTRALIAN ETHICAL INVESTMENT LIMITED – ASX AEF, AUSTRALIA. DEPT OF THE ENVIRONMENT

Top sectors for feeding the dividend beast cited

roymorgansocial Leave a comment

Original article by Vanessa Desloires
The Australian Financial Review – Page: 27 : 15-Sep-15

Beulah Capital’s Peter Mavromatis does not expect further increases in Australian companies’ dividend payout ratios. He forecasts that companies will instead pursue mergers and acquisitions as investors continue to seek high dividend yields. Mavromatis believes that local and offshore companies will target sectors such as IT, property, transport and logistics. Gerald Moser of Credit Suisse Private Bank suggests that the healthcare and IT sectors are likely to experience more consolidation.

CORPORATES
BEULAH CAPITAL PTY LTD, CREDIT SUISSE (AUSTRALIA) LIMITED, GRAINCORP LIMITED – ASX GNC, TRANSURBAN GROUP LIMITED – ASX TCL, OIL SEARCH LIMITED – ASX OSH, WOODSIDE PETROLEUM LIMITED – ASX WPL, BHP BILLITON LIMITED – ASX BHP, FIDELITY AUSTRALIAN OPPORTUNITIES FUND, 3P LEARNING LIMITED – ASX 3PL, LEARNOSITY PTY LTD

Growth key in tighter IPO environment

roymorgansocial Leave a comment

Original article by Joyce Moullakis
The Australian Financial Review – Page: 16 : 11-Sep-15

The Australian Private Equity & Venture Capital Association’s 2015 conference has been told that conditions remain favourable for IPOs, although the market is not as strong as in 2014. Justin Ryan of Quadrant Private Equity says low interest rates will continue to make IPOs attractive to investors. Jeremy Tasker of Macquarie Group says IPO candidates that offer good earnings growth will receive support from fund managers in an environment of slowing economic growth.

CORPORATES
AUSTRALIAN PRIVATE EQUITY AND VENTURE CAPITAL ASSOCIATION LIMITED, QUADRANT PRIVATE EQUITY PTY LTD, MACQUARIE GROUP LIMITED – ASX MQG, AVENTUS RETAIL PROPERTY FUND, GREENSTONE LIMITED, LINK GROUP PTY LTD, PETERS ICE CREAM, PACIFIC EQUITY PARTNERS PTY LTD, MYER HOLDINGS LIMITED – ASX MYR, QANTAS AIRWAYS LIMITED – ASX QAN, KKR AND COMPANY LP, ALLIER CAPITAL PTY LTD, ARCHER CAPITAL PTY LTD, HEALTHE CARE AUSTRALIA PTY LTD

Chinese investors lose $12b with Aussie’s fall

roymorgansocial Leave a comment

Original article by Rose Powell
The Australian Financial Review – Page: 27 : 10-Sep-15

Data shows that Chinese investors have injected some $A92.6 billion into the Australian economy over the last three years. However, the Australian dollar’s 34 per cent slump since the end of 2012 is estimated to have reduced the value of Chinese investments in the residential property market and resources groups by 30 per cent. This equates to a monetary loss of $A12bn.

CORPORATES
BASIS POINT CONSULTING, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, STANDARD AND POOR’S ASX ALL RESOURCES INDEX

ASX sheds $32b as China fears deepen

roymorgansocial Leave a comment

Original article by Vanessa Desloires
The Australian Financial Review – Page: 28 : 2-Sep-15

The S&P/ASX 200 index fell 2.1 per cent or 110.6 points to 5,096.4 on 1 September 2015. The market lost $A32 billion in capitalisation. Investor sentiment was negatively affected by a fall in China’s official purchasing manager’s index, from 50 in July 2015 to 49.7 in August. BHP Billiton declined 2.1 per cent to $A24.65 and Rio Tinto fell 1.8 per cent to $A49.37.

CORPORATES
RESERVE BANK OF AUSTRALIA, STANDARD AND POOR’S ASX 200 INDEX, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, WOODSIDE PETROLEUM LIMITED – ASX WPL, AGL ENERGY LIMITED – ASX AGL, SYDNEY AIRPORT – ASX SYD, QANTAS AIRWAYS LIMITED – ASX QAN, SHANGHAI COMPOSITE INDEX, ASX LIMITED – ASX ASX, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, WESTPAC BANKING CORPORATION – ASX WBC, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

Deutsche says ASX set for strong recovery – and here’s what to buy

roymorgansocial Leave a comment

Original article by Stephen Cauchi
The Australian Financial Review – Page: 29 : 1-Sep-15

Deutsche Bank writes in its latest report that a rally on the Australian stock exchange is quite possible if Australia manages to avoid a recession. The company advises investors to buy the big four banks, financial services companies, healthcare stocks, and shares in Harvey Norman, Echo Entertainment, Flight Centre, Boral, Fletcher Building, Stockland, REA Group, QBE and AMP.

CORPORATES
DEUTSCHE BANK AG, UBS HOLDINGS PTY LTD, HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, ECHO ENTERTAINMENT GROUP LIMITED – ASX EGP, FLIGHT CENTRE TRAVEL GROUP LIMITED – ASX FLT, BORAL LIMITED – ASX BLD, FLETCHER BUILDING LIMITED – ASX FBU, STOCKLAND – ASX SGP, REA GROUP LIMITED – ASX REA, QBE INSURANCE GROUP LIMITED – ASX QBE, AMP LIMITED – ASX AMP, STANDARD AND POOR’S ASX 200 INDEX

Goldman tips high-yielding Australian stocks amid the turmoil

roymorgansocial Leave a comment

Original article by Vanessa Desloires
The Australian Financial Review – Page: 22 : 28-Aug-15

Goldman Sachs and Credit Suisse have identified high-yielding Australian equities that would be attractive additions to anyone’s portfolio. Goldman Sachs Asian equity analyst Timothy Moe favours Woolworths, QBE Insurance Group, Amcor, AGL Energy, APA Group, Sonic Healthcare, Coca-Cola Amatil and ALS. Credit Suisse advises investors to buy Asciano, ResMed, Harvey Norman and REA Group.

CORPORATES
GOLDMAN SACHS AUSTRALIA PTY LTD, CREDIT SUISSE (AUSTRALIA) LIMITED, WOOLWORTHS LIMITED – ASX WOW, QBE INSURANCE GROUP LIMITED – ASX QBE, AMCOR LIMITED – ASX AMC, AGL ENERGY LIMITED – ASX AGL, APA GROUP – ASX APA, SONIC HEALTHCARE LIMITED – ASX SHL, COCA-COLA AMATIL LIMITED – ASX CCL, ALS LIMITED – ASX ALQ, ASCIANO LIMITED – ASX AIO, RESMED INCORPORATED – ASX RMD, HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, REA GROUP LIMITED – ASX REA

Down one day … up the next but it’s not a crisis, say CEOs

roymorgansocial Leave a comment

Original article by Vesna Poljak, Clancy Yeates, Jonathan Shapiro, Misa Han
The Australian Financial Review – Page: 1 : 26-Aug-15

The Australian economy is in a much better shape than the sharemarket would suggest. Investors seem to have overreacted to a slowdown in the Chinese economy. ANZ Banking Group CEO Mike Smith said on 25 August 2015 that China still has huge "potential". Paul Griffiths, chief investment officer for fixed income at Colonial First State, notes that panic among investors is limited to equities, with bonds remaining unaffected.

CORPORATES
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, COLONIAL FIRST STATE GROUP LIMITED, WESTPAC BANKING CORPORATION – ASX WBC, ASX LIMITED – ASX ASX, DOW JONES INDUSTRIAL AVERAGE INDEX, STANDARD AND POOR’S ASX 200 INDEX, AUSCAP ASSET MANAGEMENT PTY LTD, SHENZHEN COMPOSITE INDEX, SHANGHAI COMPOSITE INDEX, CITIGROUP PTY LTD