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Page 1: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

European stocks add 1.3%

ASX set to open flat

wise-owl.comPowered by

Page 2: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

The Standard & Poor’s 500 Index closed little changed as consumer

shares led an advance, offsetting fresh signs of weakness in crude oil

and corporate earnings after economic data in China helped ease

some investor concern over a hard landing there.

The Standard & Poor’s 500 Index gained less than 0.1 percent to

1,881.35 at 4 p.m. in New York, after a whipsaw session that saw the

gauge rise as much as 1.1 percent and fall 0.8 percent.

Crude continued to fall Tuesday, with West Texas Intermediate futures

losing 3.3 percent. The International Energy Agency trimmed its 2016

estimates for global oil demand amid weakness in China.

European stocks rose the most in three weeks amid optimism that

China will act to support its weakening economy. Europe’s benchmark

pared its advance as oil-and-gas producers gave up some gains amid

a drop in crude. The Stoxx Europe 600 Index climbed 1.3 percent at

the close of trading.

US Stocks Close Flat; STOXX600 Edges Higher

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 +0.05%

Dow Jones +0.17%

NASDAQ -0.26%

STOXX 600 +1.31%

FTSE100 +1.68%

DAX30 +1.50%

Crude Oil -3.57%

Gold -0.16%

Page 3: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

The local share market managed to record its second gain for the year

as the crucial Chinese GDP data met analysts’ expectations.

The benchmark index ASX200 gained 0.9% at the close of trading

yesterday. All sectors except for Utilities and Staples closed in the

black.

Resource stocks led the rally as iron ore prices gained for the fourth

session in a row as BHP gained 0.7%, while RIO lifted 0.3%. However,

Fortescue closed 1.6% lower.

Retailers such as Wesfarmers and Woolworths which gained on

Monday, shed 1.1% and 1.3% respectively.

Transurban shares edged 2% higher after the company announced

strong traffic and revenue results for December 2015.

The ANZ-Roy Morgan Australian Consumer Confidence report showed

that consumer confidence declined 0.8%. The bank states that the

drop is due to the low Australian dollar and volatile share markets.

ASX Manages to Finish in the Green

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 +0.91%

ALLORDS +0.88%

CBA +1.02%

BHP +0.68%

WBC +1.33%

NAB +1.27%

SFL +11.11%

BKY -1.98%

BPF +6.82%

Page 4: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

Page 5: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

UPCOMING ANNOUNCEMENTS

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

What’s coming up?

DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT

27/01/2016 EVN EVOLUTION MINING LIMITED December 2015 Quarterly Results

28/01/2016 SFR SANDFIRE RESOURCES NL Sandfire Resources 2015 December quarterly update

28/01/2016 CCP CREDIT CORP GROUP LIMITED Credit Corp Group Half Year Results

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

18/02/2016 EVN EVOLUTION MINING LIMITED Evolution Mining FY16 Half Year Financial Results

18/02/2016 MOC MORTGAGE CHOICE LIMITEDMortgage Choice Interim Financial Results

Presentation

19/02/2016 DUE DUET GROUP DUET 2016 Half Year Results

19/02/2016 FXJ FAIRFAX MEDIA LIMITED Fairfax Media Half Year Results

22/02/2016 BSL BLUESCOPE STEEL LIMITED Bluescope Steel 2016 Half Year Results

24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results

24/02/2016 PGH PACT GROUP HOLDINGS LTD Pact Group Holdings Half Year 2016 Results

25/02/2016 MQA MACQUARIE ATLAS ROADS GROUP Macquarie Atlas Roads Full Year Results 2016

Page 6: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

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 %

TWR Tower 18 Jan 2016 03 Feb 2016 6.01 0.00

CUP Countplus 19 Jan 2016 15 Feb 2016 2.00 100.00

YCNPA -- 19 Jan 2016 29 Jan 2016 0.00 0.00

MHI Merchant House International 20 Jan 2016 29 Jan 2016 0.50 0.00

NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --

ACL Alchemia 01 Feb 2016 24 Feb 2016 9.30 0.00

GSBC17 TB 6.00% 02-17 6M 03 Feb 2016 15 Feb 2016 300.00 --

GSIC22 TIB +1.25% 02-22 3M 10 Feb 2016 22 Feb 2016 33.83 --

GSIO20 TIB +4.00% 08-20 3M 10 Feb 2016 22 Feb 2016 163.41 --

GSIO35 TIB +2.00% 08-35 3M 10 Feb 2016 22 Feb 2016 52.71 --

GSIO40 TIB +1.25% 08-40 3M 10 Feb 2016 22 Feb 2016 31.62 --

GSIU18 TIB +1.00% 11-18 3M 10 Feb 2016 22 Feb 2016 26.05 --

Page 7: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

PSI.asx - steaming hot 3PL.asx - cooling down

PSC Insurance Group recently announced that

it is in the process of acquiring Australian

Reliance along with its corporate insurance

broking business and adviser franchise network

at $31.57 million. The acquisition is expected to

be completed by the end of February. PSI last

traded at $1.65 and has gained 7% since the

beginning of the year.

Shares of online education company 3P

Learning took a downturn after the company

announced the resignation of its CEO, Mr. Tim

Power. The media speculates that the CEO

resigned due to differences in strategic vision.

The company is currently going through a

crucial phase as it is expands into North

America.

Page 8: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY ANNOUNCEMENT

Westpac Consumer

Sentiment due today at

10:30 AM (AEDT)

UK set to release

unemployment data for

November and

December at 8:30 PM

(AEDT)

Page 9: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTRIO Tinto Releases Solid Fourth Quarter

Production Results

Iron ore mining giant RIO Tinto (ASX:RIO), has released strong

Q4 production results, which show an increase in the production

and shipment of several commodity classes.

RIO states that the iron ore production for Q4 2015 was at 91

million tonnes, 11% higher than the corresponding period in 2014.

This was in line with a full year production of over 336 million

tonnes, which was 11% higher than 2014.

The operations at Pilbara contributed the most to iron ore

production, with around 309 million tonnes being produced there.

Q4 2015 production at the Pilbara was 82 million tonnes, which

was 9% than the preceding period in 2014.

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

releases-solid-fourth-quarter-production-results

Page 10: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

LATEST UPDATE FROM WISE-OWL

Harvey Norman Holdings Ltd (HVN)

CODE COMPANY ANNOUNCEMENTDividend Portfolio Recommendation: Harvey

Norman Holdings Ltd (HVN) - BUY

ASX:HVN

Harvey Norman Holdings Limited (HVN) is the franchisor and operator

for Harvey Norman, Domayne and Joyce Mayne retail stores in

Australia, New Zealand, Slovenia, Ireland, Singapore and Malaysia.

The company has 194 franchised stores in Australia and 86 company-

operated stores internationally. The stores offer a diverse range of

home, electronic or outdoor appliances. The company also has

investments in property, media placements activities and is a provider

of consumer finance.

Harvey Norman has recorded average profit growth of 20% over the

last four years. While its domestic operations remain robust, overseas

revenue experiences strong growth. The annual dividend is forecasted

to yield ~5% with 100% franking.

Last Price $4.25 | Target $4.95 | Yield: 5% | Outlook: 12 Months

Click Here for the Full Report

Page 11: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

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

We remain cautious on the resource sector

Bullish view for European equities

There are individual opportunities on the ASX 200

Page 12: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

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: European stocks add 1.3% ASX set to open flat · 24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results ... NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --ACL Alchemia 01

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

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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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WARNING: This report is intended to provide general financial product advice only. It has been prepared without having regard ed to or taking into

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