BellPotter Marketing

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.

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).

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.

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.

Today CSS is a vertically integrated Kingfish producer operating hatcheries, farming and processing facilities, with lease capacity in place to support growth to ~10,000t.

GNG has announced a ~$68m contract award for works at Newmont Corporation’s Tanami gold mine. Works have been subcontracted to GNG by RUC Cementation Mining Contractors Pty Ltd, and are expected to be completed by April 2023.