european stocks extend losses asx futures down 13 points...2016/05/05 · hgg henderson group 05...
TRANSCRIPT
European stocks extend losses
ASX Futures down 13 points
wise-owl.comPowered by
U.S. stocks declined, with the S&P 500 remaining at a three-week low,
amid mixed data and lingering concerns weak global growth will weigh
on the American economy.
Bank shares were among the biggest losers for a second day, while
energy and raw-material producers – the two strongest groups as
stocks rebounded from a February low – lagged for a third session.
A report yesterday showed U.S. companies hired fewer workers in April
than estimated, signalling employment gains may have peaked and
adding to anxiety over growth sparked by Tuesday's weaker factory
readings overseas.
The S&P 500 fell 0.6 percent to 2,051.12 at 4 p.m. in New York. It was
the benchmark’s biggest back-to-back drop in almost three months.
European stocks posted their longest losing streak in more than a
month as the latest batch of earnings failed to lift investor sentiment.
The Stoxx Europe 600 Index dropped 1.1 percent to 331.8 at the close
of trading.
US Equities Decline amid Weaker than Expected Data
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change
S&P500 -0.59%
Dow Jones -0.56%
NASDAQ -0.79%
STOXX 600 -1.12%
FTSE100 -1.19%
DAX30 -0.99%
Crude Oil +0.30%
Gold -0.80%
The ASX 200 tumbled 1.5% on Wednesday as mining and energy
shares declined. BHP Billiton (BHP) dropped nearly 10% after the
company announced that the Federal Prosecution Service will seek
compensation of US$43billion following the Samarco, Brazil dam
failure on 5 November 2015.
The local share market erased most of the gains from Tuesday’s 2.1%
gain after the Reserve Bank of Australia (RBA) announced a cut of the
interest rate.
The Energy sector fell 5.1% while Materials declined 5.9%. The only
sectors to finish in the black were Health Care (up 0.7%) and Utilities
(up 0.9%).
ASX Tumbles 1.5% as Energy, Resource Stocks Decline
THE ASX YESTERDAY IN REVIEW AUS Ticker Change
ASX200 -1.54%
ALLORDS -1.47%
CBA -0.55%
BHP -9.36%
WBC -1.14%
NAB -1.19%
CHC +1.4%
RSG -4.93%
XTD -2.08%
DAILY PRICE ACTIVITY AUSTRALIA
ASX200 price yesterday
UPCOMING DIVIDENDS
Courtesy of http://www.morningstar.com.au/Stocks/UpcomingDividends
Tasty dividends & distributions
DATE CODE COMPANY ANNOUNCEMENTASX CODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING %
HGG Henderson Group 05 May 2016 27 May 2016 14.76 0.00
WAT Waterco 05 May 2016 15 Jun 2016 2.00 100.00
YTMQF3 -- 06 May 2016 24 May 2016 387.50 0.00
GSIO20 TIB +4.00% 08-20 3M 11 May 2016 20 May 2016 164.10 --
TMM Tasmania Mines 11 May 2016 27 May 2016 3.00 100.00
GSBU20 TB 1.75% 11-20 6M 12 May 2016 23 May 2016 87.50 --
GSBU27 TB 2.75% 11-27 6M 12 May 2016 23 May 2016 138.00 --
GSIC22 TIB +1.25% 02-22 3M 12 May 2016 23 May 2016 33.97 --
GSIO35 TIB +2.00% 08-35 3M 12 May 2016 23 May 2016 52.93 --
GSIO40 TIB +1.25% 08-40 3M 12 May 2016 23 May 2016 31.75 --
GSIU18 TIB +1.00% 11-18 3M 12 May 2016 23 May 2016 26.16 --
TWD Tamawood 12 May 2016 02 Jun 2016 10.00 100.00
WHATS HOT?
DATE CODE COMPANY ANNOUNCEMENT
WHATS NOT?
SGR.asx - steaming hot CVO.asx - cooling down
Shares of The Star Entertainment Group rose
over 15% year-to-date as investors favour The
Star’s strong balance sheet and normalised
earnings. The Star generated normalised
EBITDA of $293 million during the 1H16 period.
Shares of travel insurance provider Cover-More
Group have declined almost 45% year-to-date.
The company recently announced that it has
partnered with Flight Centre brands in the US to
distribute its travel insurance products within
the region.
ECONOMIC NEWS
What to look out for:
DATE CODE COMPANY ANNOUNCEMENT
Australian retail sales and
trade balance data due at
11:30 am (AEST)
Chinese services PMI
data to be released today
UK services PMI and
house price index due at
5:30 pm (AEST)
NEWSWORTHY
This caught our attention..
DATE CODE COMPANY ANNOUNCEMENTSocial Media Start-up Visual Amplifiers
Withdraws IPO
Visual Amplifiers Limited, a social media start-up company which
initially sought to list on the ASX on 11 May 2016 has withdrawn
its IPO application. Criticism recently emerged that the valuation
was too high and unsustainable.
Visual Amplifiers eyed an initial public offering (IPO) targeting an
indicative market capitalisation of $50million. As per the latest
prospectus the company intended to raise up to $20 million to
fast-track development of its software platform and increase its
sales force. Wise-owl flagged already in the Australian that
following smaller raisings of some of its competitors, it appeared
that Visual’s valuation may be too ambitious and the raising could
be scaled back, cancelled or postponed.
Click Here to Read the Full Story
LATEST UPDATE FROM WISE-OWL
Charter Hall Group (CHC)
CODE COMPANY ANNOUNCEMENTWise-owl Update: Charter Hall Group (CHC)
ASX:CHC
Wise-owl recommended to buy Charter Hall Group (ASX:CHC) in
July 2015 at $4.72 and this position is part of our Active Investor's
Portfolio. Our last advice was a 'hold recommendation on 25
February 2016 following strong half-year results. CHC traded ex-
dividend on 29-12-2015, distributing 13.3 cents per share to
shareholders (unfranked). CHC was last traded at $5.07 and Wise-
owl subscribers are currently 10.2% in profit (including dividend).
As at 31 March 2016 Charter Hall had Funds under Management
(FUM) of $16.4billion, consisting of 295 properties across 4.8million
sqm. FUM have increased at a compound annual growth rate of
15.4% since 2010. As at March 2016, occupancy is strong at 98.4%
with a weighted average lease expiry of 7.9 years.
Hold | Last Price: $5.07 | Current Profit: 10.2%
Click Here to View Report from Jul 2015
OUR VIEWS AT A GLANCE
Find below a summary of Wise-owl’s current market views
CODE COMPANY ANNOUNCEMENT
The ASX 200 remains in a medium-term downtrend
We continue to focus on small-mid cap stocks
There are individual opportunities on the ASX 200
We favour the risk/reward ratio for gold miners
We see value in European equities
We see little upside for US stocks
A WISE-OWL PUBLICATION
Presented by Simon Herrmann
DATE CODE COMPANY ANNOUNCEMENT
Wise-owl.com
Discovering the Bluechips of Tomorrow
www.wise-owl.com
Wise owl specializes in identifying emerging companies and financial market trends
very early in their life cycle. The significant capital growth that often follows has earned
wise owl a formidable reputation for discovering ‘the bluechips of tomorrow’. Investors,
executives, and institutions harness this expertise through wise owl’s research, and
capital market services.
Phone: 1300 306 308
Phone (Int.): +61 2 8031 9700
Fax: 1300 304 306
Post: Suite 4.02 Level 4,139 Macquarie St, Sydney, 2000
Email: [email protected]
Follow us on Twitter | Like us on Facebook | Linkedin
Add me on Linkedin: https://au.linkedin.com/in/herrmannsimon
LICENSE & DISCLAIMER
DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER
This report was produced by wise-owl.com Pty Ltd (ACN 097 446 369), which is an Australian financial services licensee (Licence no. 246670). Wise-
owl may have an investment banking or other commercial relationship with the issuer of any security or financial product in which you have an interest
by acting in various roles including as underwriter, dealer, holder of principal positions, banker, broker, lender, adviser or researcher. Wise-owl may
receive fees, commissions or other remuneration from such activities. Wise-owl.com Pty Ltd has made every effort to ensure that the information and
material contained in this report is accurate and correct and has been obtained from reliable sources. However, no representation is made about the
accuracy or completeness of the information and material and it should not be relied upon as a substitute for the exercise of independent judgment.
Except to the extent required by law, wise-owl.com Pty Ltd does not accept any liability, including negligence, for any loss or damage arising from the
use of, or reliance on, the material contained in this report. This report is for information purposes only and is not intended as an offer or solicitation
with respect to the sale or purchase of any securities. The securities recommended by wise-owl.com carry no guarantee with respect to return of
capital or the market value of those securities. There are general risks associated with any investment in securities. Investors should be aware that
these risks might result in loss of income and capital invested. Neither wise-owl.com nor any of its associates guarantees the repayment of capital.
WARNING: This report is intended to provide general financial product advice only. It has been prepared without having regard ed to or taking into
account any particular investor’s objectives, financial situation and/or needs. All investors should therefore consider the appropriateness of the advice,
in light of their own objectives, financial situation and/or needs, before acting on the advice. Where applicable, investors should obtain a copy of and
consider the product disclosure statement for that product (if any) before making any decision.
DISCLOSURE: Wise-owl.com Pty Ltd and/or its directors, associates, employees or representatives may not effect a transaction upon its or their own
account in the investments referred to in this report or any related investment until the expiry of 24 hours after the report has been published.
Additionally, wise-owl.com Pty Ltd may have, within the previous twelve months, provided advice or financial services to the companies mentioned in
this report.