articles by Stuart Jackson
-
How long will the recent outperformance of the banks last?
Stuart Jackson
January 21, 2021
In this week’s video insight Stuart discusses how the banks are positioned with a less economic fallout from the COVID-19 pandemic than first anticipated. Since the pre-COVID market high on 20 February 2020, the banks have generated a loss of 7 per cent compared to a loss of 3 per cent of the broader market over the same period, despite share prices outperforming in recent months. The Price to Earnings multiple of the banks have been falling for some time as a result of margin compression and higher capital requirements reducing their return generated on incremental equity invested. Will we see any special dividends from the banks as bad debt loan provisions are unwound?
Continue…by Stuart Jackson Posted in Editor's Pick, Financial Services, Video Insights.
-
A retail stock benefiting from the reopening of economies
Stuart Jackson
December 9, 2020
In this week’s video insight Stuart discusses Universal Store Holdings, a recent listing on the ASX. While apparel has generally been a lagging segment of the retail market this year, casual and active wear have been the stronger components within the apparel market. Universal’s focus on streetwear has helped to through this period. Despite a material impact on sales during the lockdown period, Universal has performed very well with store sales bouncing back to year-on-year growth just 2 weeks after the 5-week lockdown ended. Continue…
by Stuart Jackson Posted in Companies, Stocks We Like, Video Insights.
- watch video
- save this article
- POSTED IN Companies, Stocks We Like, Video Insights.
-
How much further will the WES share price run?
Stuart Jackson
November 16, 2020
Wesfarmers’ (ASX:WES) trading update for the first four months of FY21 showed the robustness of its retailing businesses. Sales growth for its two best-known brands, Bunnings and Officeworks, was particularly strong, as was the performance of its online channel, Catch. Continue…
by Stuart Jackson Posted in Companies, Stocks We Like.
- save this article
- POSTED IN Companies, Stocks We Like.
-
What to make of ANZ’s profit result
Stuart Jackson
November 3, 2020
Investors in Australia’s major banks have had a tough year. Bank profits – and their dividends – have been pummelled by fines emanating from the financial services royal commission and AUSTRAC investigations, as well as the COVID-19 recession. However, the recently announced full-year profit result from ANZ may put some fears to rest for now. Continue…
by Stuart Jackson Posted in Companies, Financial Services.
- save this article
- POSTED IN Companies, Financial Services.
-
Can the big four banks continue recovering their lost ground?
Stuart Jackson
October 21, 2020
In this week’s video insight Stuart identifies why the big four banks have recently recovered some of their lost ground. Although to maintain this momentum, they will need to show signs of diminishing risk and even improved performance in the latter part of FY20. We will be tracking loan book growth, net interest margin and outlook, credit quality and provisioning and capital. Continue…
by Stuart Jackson Posted in Video Insights.
- watch video
- save this article
- POSTED IN Video Insights.
-
Why yield investors should take a look at Centuria
Stuart Jackson
October 13, 2020
If you’re looking for a robust income stock, Centuria Capital Group (ASX:CNI) is worth considering. Centuria owns a suite of assets focused on property and investment bonds, and pays an annual yield of around 4.3 per cent. Making this business even more appealing, is a share price that keeps heading in the right direction. Continue…
by Stuart Jackson Posted in Companies, Stocks We Like.
- save this article
- POSTED IN Companies, Stocks We Like.
-
How long will the shift in retail spending continue?
Stuart Jackson
September 23, 2020
One of the thematics from the last few months has been the material change in retail spending. With COVID-19 related lockdowns and restrictions on population movement and activity, the ability to spend on services such as out of home entertainment and activities has been significantly curtailed. Continue…
by Stuart Jackson Posted in Companies, Consumer discretionary.
- save this article
- POSTED IN Companies, Consumer discretionary.
-
Deferred loan repayments are hitting the banks
Stuart Jackson
September 17, 2020
How badly has the COVID-19 pandemic impacted our banks? A quick look at recently released data on hardship-induced loan deferrals tells some of the answer. And it’s a pretty bleak picture for most of our lenders. Continue…
by Stuart Jackson Posted in Companies, Financial Services.
- save this article
- POSTED IN Companies, Financial Services.
-
Why we continue to like Reece Limited
Stuart Jackson
September 3, 2020
The share price of Reece (ASX:REH) – Australia’s biggest supplier of plumbing and bathroom products – has outperformed the broader market for many years. Encouragingly, the company recently reported healthy trading during the COVID-19 period. With renovation activity forecast to rise over the next 12 months, I think this is definitely a business that investors should be watching. Continue…
by Stuart Jackson Posted in Companies, Stocks We Like.
- save this article
- POSTED IN Companies, Stocks We Like.
-
CBA pays a dividend, but is there trouble down the pike?
Stuart Jackson
August 17, 2020
Shareholders in Australia’s largest bank, the Commonwealth Bank of Australia, would have been relieved to read that the bank has delivered a decent full-year result – with a 98 cent dividend to boot. But the near term may not be so bright, with the bank pointing to earnings headwinds in the months ahead. Below is my summary of the key points from the full-year result. Continue…
by Stuart Jackson Posted in Companies.
- 2 Comments
- save this article
- 2
- POSTED IN Companies.
