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Page 1: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

Investors bet on December rate hike

ASX set to soar

wise-owl.comPowered by

Page 2: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

The Standard & Poor’s 500 Index rallied the most in almost a month as

Federal Reserve meeting minutes signaled policy makers think the

economy is strengthening enough to withstand higher interest rates as

soon as next month, while stressing the pace of any increases will be

gradual.

Gains among banks and biotechnology companies led a rally as eight

of the S&P 500’s 10 main industries rose more than 1.2 percent. A

cluster of deal activity ranging from railroads to food manufacturers

also helped lift equities Wednesday.

The Standard & Poor’s 500 Index added 1.6 percent to 2,083.54 at 4

p.m. in New York, with the gauge rising above its average price during

the past 200 days.

European stocks were little changed as investors assessed value after

the strongest rally in six weeks, while France’s CAC 40 Index retreated

after a police gun battle with suspects linked to the Paris terror attack.

The Stoxx 600 stalled after a rally in energy producers helped push it

higher in the two trading days following the attacks in Paris. The gauge

closed yesterday 12 percent higher than its September low.

Investors Bet on December Rate Hike; S&P 500 Soars

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 +1.62%

Dow Jones +1.42%

NASDAQ +1.79%

Stoxx 600 -0.11%

FTSE100 +0.16%

Dax30 -0.10%

Crude Oil +0.32%

Gold +0.12%

Page 3: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

The benchmark index ASX200 and the All Ordinaries rose 0.3% each

at the close of trading today. Both indices fell marginally during early

hours of trade and stabilised throughout the day.

All sectors except for Materials finished in the green yesterday. The

best performers were Utilities and Information Technology both up

0.9% followed by Telecommunications and Industrials each rising

0.8%. The worst performer was Materials which was down 1.5% as oil

prices slumped overnight and BHP continues to slide. Staples was also

lower losing 0.5%

The wage price index was released by the Australian Bureau of

Statistics and showed a 0.6% quarter-on-quarter increase.

The Australian market is set to rise today as SPI Futures are up 57

points as at 8am (AEDT).

ASX200 Gains in Afternoon Trade to Finish Slightly Higher

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 +0.29%

ALLORDS +0.29%

CBA +1.00%

BHP -2.75%

WBC +0.56%

NAB +1.02%

SGR +1.43%

GXL +1.11%

PTM -1.53%

Page 4: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

Page 5: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

UPCOMING ANNOUNCEMENTS

Courtesy of http://www.brrmedia.com/calendar

What’s coming up?

DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT

18/11/2015 DUE DUET GROUP DUET Group 2015 Annual General Meeting

18/11/2015 TGA THORN GROUP LIMITED Thorn Group Half Year result

19/11/2015 BSL BLUESCOPE STEEL LIMITED Bluescope Steel 2015 Annual General Meeting

20/11/2015 AWE AWE LIMITED AWE Limited 2015 Annual General Meeting

20/11/2015 HZN HORIZON OIL LIMITED Horizon Oil 2015 Annual General Meeting

25/11/2015 CHC CHARTER HALL GROUP 2015 Core Plus Industrial Fund (CPIF) Annual Review

25/11/2015 CMW CROMWELL PROPERTY GROUPCromwell Property Group 2015 Annual General

Meeting

26/11/2015 DYE DYESOL LIMITED Dyesol Annual General Meeting 2015

26/11/2015 GTY GATEWAY LIFESTYLE GROUP Gateway Lifestyle Group 2015 Annual General Meeting

27/11/2015 QHL QUICKSTEP HOLDINGS LIMITED Quickstep Holdings Ltd 2015 Annual General Meeting

27/11/2015 ESIENVIRONMENTAL CLEAN

TECHNOLOGIES LIMITED

Environmental Clean Technologies 2015 Annual

General Meeting

18/12/2015 GNC GRAINCORP LIMITED GrainCorp 2015 Annual General Meeting

10/02/2016 BLD BORAL LIMITED Boral Half Year Results

Page 6: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

UPCOMING DIVIDENDS

Courtesy of http://www.morningstar.com.au/Stocks/UpcomingDividends

Tasty dividends

DATE CODE COMPANY ANNOUNCEMENTASX CODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING %

MVB Market Vectors Australian Banks ETF 18 Nov 2015 04 Dec 2015 0.00 0.00

ZNZ Z Energy 18 Nov 2015 02 Dec 2015 7.85 0.00

IPL Incitec Pivot 19 Nov 2015 14 Dec 2015 7.40 60.00

WHF Whitefield 20 Nov 2015 11 Dec 2015 8.50 100.00

WHFPA -- 20 Nov 2015 11 Dec 2015 4.00 100.00

WHFPB -- 20 Nov 2015 11 Dec 2015 350.00 100.00

AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00

AYH Australian Masters Yield Fund No 2 23 Nov 2015 04 Dec 2015 73.00 100.00

DLX DuluxGroup 24 Nov 2015 15 Dec 2015 11.50 100.00

BENPD -- 25 Nov 2015 14 Dec 2015 253.52 100.00

IFZ Infratil 25 Nov 2015 15 Dec 2015 4.87 0.00

MQGPA -- 25 Nov 2015 07 Dec 2015 264.50 40.00

Page 7: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

SGF.asx - steaming hot ANG.asx - cooling down

The salary packaging and novated leasing

company SG Fleet’s share price increased

over 25% after it announced that it acquired

NLC. NLC is a novated and vehicle

procurement specialist. SGF anticipates

25% higher cash EPS in the first year of

ownership.

The mining service provider Austin

Engineering hit a 6 year low to close at

$0.29. A disappointing take up at capital

raising and a loss of $49 million in August

this year sent the stock down 57% for the

year.

Page 8: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY ANNOUNCEMENT

Japanese exports, trade

balance set to show a

deficit once again

No economic news for

Australia

U.K. retail sales due

tonight

U.S. initial jobless claims

to be released overnight

Page 9: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTASX News Update: TEN Completes Retail

Shortfall Bookbuild; Sims Metal Announces

Share BuybackTen Network Holdings (ASX: TEN) announced that it has

completed the retail component of its fully underwritten 7 for 37

accelerated entitlement offer of new TEN shares. The initial retail

entitlement offer had raised $21 million from an issue of

approximately 141 million new shares at an offer price of $0.15

per share.

Sims Metal Management Limited (ASX: SGM) has announced its

intention to commence an on-market buy-back program for up to

10 per cent of the company’s issued capital. The buy-back is

based on the closing share price of $7.19 on 17 November 2015.

The company will purchase around 20.5 million ordinary shares

worth approximately $147 million over a period of 12 months.

Read the full story here: https://www.wise-owl.com/news/asx-

news-update-ten-completes-retail-shortfall-bookbuild-sims-metal-

announces-share-buyback

Page 10: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

LATEST UPDATE FROM WISE-OWL

Slater and Gordon Ltd (SGH)

CODE COMPANY ANNOUNCEMENTActive Investor's Recommendation: Slater

and Gordon Ltd (SGH)

ASX:SGH

Slater and Gordon Limited (“SGH”), established in 1935, is a law

firm operating legal practices in Australia and the UK. The company

specialises in compensation law, conveyancing, family law, wills,

estate planning & probate, class action, criminal law and dispute

resolution. In March 2015 Slater and Gordon announced the

acquisition of the Professional Services Division (“PSD”) of Quindell

plc for £637m. Since June 2015 Quindell plc is under investigation

by the Financial Conduct Authority for its accounting practices.

SGH‘s share price has retreated below fair value following the

acquisition of Quindell’s PSD and the ongoing investigation by

financial regulators. We favour SGH’s short-term technical trajectory

after establishing support and breaking out to the upside. If the

stock rises, short-sellers could be forced into closing positions which

could help accelerate buying.

BUY | Price $3.05 | Target $4.35 | Yield: 3% | Short-Term Outlook

Click here to read the full report

Page 11: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

OUR VIEWS AT A GLANCE

Find below a summary of Wise-owl’s current market views

CODE COMPANY ANNOUNCEMENT

The ASX 200 is stabilising but remains in a medium-term downtrend

We increase our focus on small-mid cap stocks

We remain cautious on the resource sector

We expect international markets to benefit from lower volatility

Bullish view for European equities

There are individual opportunities on the ASX 200

Page 12: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

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

Page 13: Investors bet on December rate hike ASX set to soar · AYD Australian Masters Yield Fund No 1 23 Nov 2015 04 Dec 2015 64.00 100.00 AYH Australian Masters Yield Fund No 2 23 Nov 2015

LICENSE & DISCLAIMER

DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER

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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

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