Ideas

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.

Our analysts provide their sector outlook and top stock picks for FY22.

Life360 provided a market update and the key take-out in our view was a soft upgrade in the guidance for annualised monthly revenue (AMR) in December 2021 from in the range of US$110-120m to now “at the higher end” of this range.

While COVID-19 still continues to dominate the global landscape, there are a number of tailwinds in the world equity markets as the economies continue to open and recover, vaccine rollouts expand, and more people return to work in person and seek out travel and experiences. In our latest quarterly market review, we take a look at the share market outlook and reiterate our favoured stock picks.