Ideas

ERD released a mixed 2Q22 trading update, with impressive unit growth in NZ and Australia, overshadowed by a disappointing result in the US.

NAB will report its FY21 result on Tuesday 9 November and we elaborate our on our forecasts

DOC is expected to report 3Q21 revenues and cash flows next week.

We initiate coverage on Coventry Group (CYG), a multi-disciplinary industrial supply and services group, with a Buy recommendation and PT of $1.90ps

Fonterra (FSF) recently highlighted a desire to focus on its NZ milk business, with a decision to be made on the ownership structure of the Australian business. In this note we explore a potential acquisition of Fonterra Australia (Fonterra) by Bega.

IMD has released a record 1Q22 trading update, with unaudited revenue 13% QoQ (41% YoY) to $86.8m.