South32 declines on debut - Wise owl · 19/05/2015 ABM RBS GROUP ... McMillan Shakespeare Limited...
Transcript of South32 declines on debut - Wise owl · 19/05/2015 ABM RBS GROUP ... McMillan Shakespeare Limited...
U.S. stocks rose to all-time highs as Apple Inc. climbed on comments
from Carl Icahn and banks rallied amid higher bond yields. Apple
gained 1.1 percent after Icahn called for the company to boost its stock
buyback. Citigroup Inc. and SunTrust Banks Inc. added more than 0.8
percent.
The Standard & Poor’s 500 Index climbed 0.3 percent to 2,129.2 at 4
p.m. in New York, closing at a record for the third consecutive session.
The Dow Jones Industrial Average added 26.32 points, or 0.1 percent,
to 18,298.88, also an all-time high.
A gain in automakers pushed European stocks higher, as Greek
equities reversed a drop.
The Stoxx Europe 600 Index rose 0.4 percent to 398.09 at the close of
trading in London, after falling as much as 0.7 percent. It climbed 0.6
percent earlier. Greece’s ASE Index added 1.6 percent, erasing a 2.7
percent drop after a report that the European Commission is proposing
a deal compromise.
U.S. Stocks Advance as Banks, Apple Gain
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change
S&P 500 +0.30%
Dow Jones +0.14%
Nasdaq +0.60%
Stoxx 600 +0.41%
FTSE100 +0.12%
Dax30 +1.29%
Crude Oil -0.12%
Gold -0.02%
The Australian market opened lower and continued to suffer throughout
the day. The losses were led by sell-offs amongst the big banks and
consumer discretionary shares, whilst BHP plunged more than 7% as
its spin-off South 32 started trading today. Negative results were
experienced across all the sectors with health care being the biggest
loser. The Australian dollar depreciated against most major currencies.
The All Ordinaries fell 70.00 points (-1.22%) to 5,660.00 while the
S&P/ASX 200 dropped 76.30 points (-1.33%) to 5,659.20.
Japan's Nikkei 225 closed at a near three-week peak, buoyed by
better-than-expected data as well as robust gains in the financial and
insurance sectors.
* BHP traded ex-dividend, following the demerger of South32.
ASX Falls as Bank Selloff Overshadows South32 Debut
THE ASX YESTERDAY IN REVIEW AUS Ticker Change
ASX200 -1.33%
ALLORDS -1.22%
CBA -2.06%
BHP* -7.26%
WBC -2.51%
CIM +0.40%
LLC -0.42%
UPCOMING ANNOUNCEMENTS
Courtesy of http://www.brrmedia.com/calendar
What’s coming up?
DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT
18/05/2015 CVC CVC LIMITED Record Date
18/05/2015 BLT/BHP BHP BILLITON LIMITED Ex Div Date/Demerger Dividend
18/05/2015 POH PHOSPHAGENICS LIMITED Annual General Meeting
18/05/2015 WAX WAM RESEARCH LIMITED Ex Div Date
18/05/2015 SBB SUNBRIDGE GROUP LIMITED Annual General Meeting
19/05/2015 Montgomery Investment Management Montgomery webinar
19/05/2015 NAB NATIONAL AUSTRALIA BANK LIMITED Record Date
19/05/2015 DRA DRAGON MINING LIMITED Annual General Meeting
19/05/2015 WAA WAM ACTIVE LIMITED EGM
19/05/2015 IFZ INFRATIL LIMITED Full Year Results
19/05/2015 BZL BRAZIRON LIMITED Annual General Meeting
19/05/2015 ABM RBS GROUP (AUSTRALIA) PTY LIMITED Record Date
19/05/2015 FGX FUTURE GENERATION INVESTMENT FUND LTD EGM
20/05/2015 PGS PLANET GAS LIMITED Annual General Meeting
20/05/2015 BLT/BHP BHP BILLITON LIMITED Record Date/Demerger Dividend
UPCOMING DIVIDENDS
Courtesy of http://www.morningstar.com.au/Stocks/UpcomingDividends
Tasty dividends
DATE CODE COMPANY ANNOUNCEMENTASX CODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING %
ASJ3BU DEBT -NSX 18 May 2015 31 May 2015 0.00 --
MQG Macquarie Group 18 May 2015 02 Jul 2015 200.00 40.00
WAX WAM Research 18 May 2015 28 May 2015 4.00 100.00
IPL Incitec Pivot 19 May 2015 01 Jul 2015 4.40 0.00
RMD ResMed 19 May 2015 18 Jun 2015 3.07 0.00
PTB PTB Group 20 May 2015 16 Jun 2015 5.00 100.00
ZNZ Z Energy 20 May 2015 03 Jun 2015 15.50 0.00
AGLHA FRN 08-JUN-39 27 May 2015 09 Jun 2015 154.51 --
ORI Orica 28 May 2015 01 Jul 2015 40.00 35.00
SDG Sunland Group 01 Jun 2015 25 Jun 2015 2.00 100.00
SNC Sandon Capital Investments 01 Jun 2015 12 Jun 2015 2.00 100.00
CSR CSR 02 Jun 2015 07 Jul 2015 11.50 0.00
CTXHA UNSEC.FRN 15-SEP-37 03 Jun 2015 15 Jun 2015 170.03 --
CWNHA UNSEC.FRN 14-SEP-72 03 Jun 2015 15 Jun 2015 182.00 --
WHATS HOT?
DATE CODE COMPANY ANNOUNCEMENT
WHATS NOT?
MMS.asx - steaming hot FRI.asx - cooling down
McMillan Shakespeare Limited (MMS) is a
provider of salary packaging and novated
leasing, and fleet and asset management
services.
A technical breakout has occurred following
three months of consolidation.
Finbar Group Limited (FRI) engages in
property development and investment in
WA.
The Perth housing market has been slipping
on the back of the resources slowdown. FRI
posted a significant decline in revenue for
H1FY15.
ECONOMIC NEWS
What to look out for
DATE CODE COMPANY ANNOUNCEMENT
The RBA releases
minutes of its latest
monetary policy
meeting
Core CPI for Euro
zone tonight
U.S. Housing data at
10:30pm (AEST)
NEWSWORTHY
This caught our attention..
DATE CODE COMPANY ANNOUNCEMENTWealth Column: Australian Finance
Group Ltd (AFG) – by Tim Morris
As the lowest domestic interest rates in 50 years ease
further, Australia’s financial regulators have maintained a
close eye on the housing market. The banking regulator
issued new guidelines for lenders in December, just as the
value of mortgage commitments completed a 24 month
expansion exceeding 40 per cent. Whilst short of being
mandatory – the guidelines suggested lenders appraise
loan serviceability with a 7 per cent base line lending rate –
which is circa 50 per cent higher than current market
mortgage rates.
Read the full story here: https://www.wise-
owl.com/news/wealth-column-australian-finance-group-ltd-
afg
LATEST UPDATE FROM WISE-OWL
Australian Finance Group Ltd (AFG)
CODE COMPANY ANNOUNCEMENT
Australian Finance Group Ltd ("AFG", "the Company") is an
Australian financial services company focused on mortgage
broking. The Company's principal focus is wholesale
mortgage broking. It sources mortgage products from a
panel of over 30 principal lenders and distributes them
through a network of 2,300 aligned brokers located
throughout Australia. AFG was established in 1994. The
Company currently has 170 employees, serving a loan book
exceeding $1billion. It holds an 8.4 per cent share of the
Australian mortgage market.
Offer Price: $1.20 - $1.38 | Listing: 22nd May | Rating: 3/5
Click here
ASX:AFG
Float Watch - Australian Finance Group Ltd (AFG)
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DATE CODE COMPANY ANNOUNCEMENT
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DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER
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