At Bell Potter, we bring together people, ideas and capital to serve the needs of our clients.
EQUITIESReporting Season Calendar - August 2021
We've compiled a list of more than 200 ASX-listed companies that will be releasing earnings results during the August reporting season, highlighting reporting dates, NPAT (consensus and Bell Potter estimates) and analyst recommendations.
CORPORATE FINANCECorporate Transactions
Our Corporate Finance team has been busy during the first half of 2021 initiating many transactions.
EQUITIESANZ Banking Group (ANZ)
Ahead of an anticipated strong 3Q21, ANZ should expect these to be the same on 18 August 2021: 1) statutory NPAT ~$1.3bn; 2) cash profit (continuing) ~$1.3bn; and 3) cash profit (continuing and exlarge notable items) ~$1.3bn.
EQUITIESCity Chic Collective (CCX)
Following a strong FY21 result, we have updated our forecasts for the FY21 result and acquisition, and rolled forward our model. Our PT for City Chic Collective increases to $6.60 (previously $4.90), and we retain our Buy rating.
EQUITIESFortescue Metals Group (FMG)
We've retained our Hold recommendation for FMG, and have updated our commodity price and foreign exchange rate forecasts, including the mark-to-market for FY21 of our benchmark iron ore price.
EQUITIESJB Hi-Fi Limited (JBH)
The 4Q21 update reveals continued heightened demand for consumer electronics and home appliance/entertainment products. Based on valuation on a normalised base and increased near-term uncertainties (as a result of COVID), we retain our Hold rating for JB Hi-Fi.
EQUITIESSenex Energy Ltd (SXY)
Senex Energy finished FY21 with total production within company guidelines, plateaued production, full year revenue in line with our estimate and a net cash position falling to $26m (from $36m).
EQUITIESEnd of Quarter Review
In our latest quarterly market review, we take a look at the share market outlook and reiterate our favoured stock picks.
EQUITIESAnalyst Outlook for FY22
Our analysts have provided their sector outlooks and compiled their top stock picks for FY22.
HOW CAN WE HELP YOU?
As a leading full service Australian stockbroking and financial advisory firm, we provide a comprehensive range of services for our clients.
- Australian Stockbroking
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- Fixed Income
- Portfolio Administration
- Technical Financial Advice
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- Market sell-downs & block trades
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- Corporate Advice & Structuring
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- Mergers & Acquisition Advice & Execution
- General advice
- Execution, Clearing & Settlement
- Stock market advisory services
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IDEAS AND RESEARCH
Bell Potter is a member of the Bell Financial Group (BFG.ASX) of companies. We are one of Australia’s leading full service Australian stockbroking and financial advisory firms, offering a full range of services to private, corporate and institutional clients.