Wednesday, September 21, 2016
On 20th September TPG Telecom (CODE:TPM) released their 2016 results and the market did not like what it saw. The stock price plunged 21.5% throughout the day. The areas of disappointment were underlying earnings and dividends coming in below expectations, and a dampened outlook for 2017. Uncertainty also surrounds a possible expansion into Singapore.
Friday, August 21, 2015
Breville Group (CODE:BRG), another Skaffold Top 5 Stock for 2015, released their 2015 full year results yesterday. Despite the 2015 figures being ever so slightly lower than last year, the share price jumped from $6.70 to close at $6.90.
Whilst year on year revenue, EBITDA and NPAT figures were between 1.2 per cent and 4.3 per cent lower than the previous corresponding period, second half figures outstripped their 2014 predecessors.
Wednesday, November 19, 2014
With net profit, earnings and dividends all in line with forecasts, the big news from Orica’s full year results presentation was the sale of its chemicals business for $750 million.
The sale, which is subject to Australian Foreign Investment Review Board and New Zealand Overseas Investment Office approval, is expected to be completed in the first quarter of calendar year 2015.
Is a special dividend on the cards?
Tuesday, November 18, 2014
BigAir Group has a successful history of growth by acquisition, consistently generating substantially better margins from its operations than the acquired entity achieved.
The latest acquisition, Oriel, is expected to significantly boost BGL’s cloud and managed services business, which has been identified as a key growth sector for the business.
Tuesday, October 21, 2014
In a webinar hosted at Skaffold in October 2014, financial Journalist Trevor Hoey gave his view on which sectors and stocks have the best growth prospects for Financial Year 2015. Check out the stocks and sectors trevor thinks will deliver impressive growth over the next 12 months.
Friday, July 04, 2014
12 years ago BigAir Group (BGL) was a communications ”plumbing business”- laying pipes and cables - catering to the residential market, said CEO Jason Ashton at the Microequities conference in Sydney on 1 July.
Over time BGL has morphed into a full service provider for business communications.
Four years ago BGL embarked on an aggressive merger and acquisition strategy. The plan? Acquire, integrate, then cross-sell to BigAir’s other companies/clients.
They have completed nine acquisitions over the last four years. Over the same period BGL’s Skaffold business performance score has risen from 4 to 2. Today BGL achieves Skaffold second-highest rating for balance sheet quality and business performance, A2.
There must be a lot to like about BGL because not a single Skaffold member has voted against it – 18 ‘Likes, 0 ‘Dislikes’. What’s your view on BGL? It’s trading at a pretty hefty premium to Skaffold’s intrinsic value forecast. Buy sell or hold? Or do nothing until the full year results are released next month?
Tuesday, May 20, 2014
Since first flagging Titan Energy Services (TTN) as a stock on an impressive growth trajectory in August 2013, the company’s share price has been on a roller coaster ride.
TTN was trading at $2.27 when Skaffold crunched its 2013 full year results through its automated algorithms, and upgraded the company’s Skaffold Score from B3 to A2. By late October the share price hit $3.71 before retreating back to $2.07, as at 19 May 2014 close of trade. It was $2.32 on 12 May 2014. TTN’s share price isn’t for the feint hearted.
Today Titan Energy Services issued a trading update, and announced its win of new contracts. Here’s a snapshot of the good and bad disclosed in today’s announcement.
Wednesday, March 05, 2014
If there is anything remotely resembling a blemish on the performance of Queensland-based civil engineering company Seymour Whyte (SWL) in the last four years, it’s poorer than expected earnings per share (EPS) growth. Has the market’s response to company announcements tarnished an otherwise strong growth trajectory?
However as a company of preference for government authorities and joint ventures delivering large and complex infrastructure projects, SWL’s share price has steadily rebounded on the back of consistent value growth, a solid dividend, excellent cash flow, a strong balance sheet (in a net cash position), plus a string of price-sensitive new project contracts.
25 Skaffold members ‘Like’ Seymour Whyte. What’s your view?
Friday, February 28, 2014
We’ve just finished the last week of February and the majority of ASX stocks have reported their interim or full year results.
We’ve just finished the last week of February and the majority of ASX stocks have reported their interim or full year results. A few to watch over the coming days is 2012 Money magazine top stock and Skaffold favourite Seymour Whyte (ASX:SWL), who released a positive sounding report recently, as did Flight Centre (ASX: FLT) and Blackmores (ASX:BKL).
A few to watch over the coming days is 2012 Money magazine top stock and Skaffold favourite Seymour Whyte (ASX:SWL), who released a positive sounding report recently, as did Flight Centre (ASX: FLT) and Blackmores (ASX:BKL).
Tuesday, February 18, 2014
If Domino’s Pizza Enterprise’s (DMP) result last week proves anything to investors it’s the danger of first impressions, and while they arguably count, they’re not always as good as they appear. Despite being slightly short of market consensus forecasts, DMP's share price jumped over 12% following headline reports of its 38.8% increase in interim underlying net profit after tax (NPAT) of $20.2 million, plus upbeat commentary around new store roll-out plans.
After one-off costs of $2.7 million, Domino’s bottom line net profit was up 28.2% to $18.6 million. But once Skaffold’s automated engine sufficiently scratched behind the top-line numbers, the stock research tool had cause to downgrade it from an A2 to a B3 rating, and as such the pizza retailer is not currently regarded as an investment grade stock - which is exclusive to A1, A2, B1 and B2-rated stocks.