Stock Analysis Archives - Page 36 of 72

Shares in Auckland International can recover further

October 7, 2020 by Michael Gable

Shares in Auckland International Airport (ASX:AIA) have recovered quickly from its lows in March. Balance sheet risks have been removed and opportunism grows around restarting international travel. While AIA’s recent domestic passenger volumes trends suggest a faster-than-expected recovery in New Zealand air travel as COVID-19 restrictions ease, the extent to which the Company is leveraged to the recovery in international travel (which is the key profit driver for AIA) is crucial to the AIA investment case. About Auckland International Airport …

Asaleo shares are likely to get cheaper

September 30, 2020 by Michael Gable

A solid half-year result and more favourable macro factors (lower pulp prices and strengthening Australian Dollar) have supported Asaleo Care’s (ASX:AHY) share price over the last two months. Despite the share price now heading south again, patient investors are likely to get the shares at cheaper levels. About Asaleo Care Asaleo Care manufactures personal care and hygiene products. These products are distributed through retailers, distributors, and directly to corporate accounts. Following the sale of the Consumer Tissue Australia business in …

Time to buy CSL

September 23, 2020 by Michael Gable

We have long considered CSL Limited (ASX:CSL) to be a core holding in stock portfolios. The shares recently have retreated from their highs. This is on the back of product supply issues as well as a shift in investor preference away from healthcare stocks. Here we assess the prospects for a recovery in the share price. About CSL CSL has two operating segments: CSL Behring and Seqirus. The CSL Behring segment (which accounts for >85% of group revenue) provides plasma-derived …

Bingo has risks, but shares can still climb

September 16, 2020 by Michael Gable

The waste industry in Australia is going through meaningful positive structural changes. This is due to the federal government’s National Waste Policy Action Plan, which has been supported by recently-announced funding. We examine the extent to which Bingo Industries (ASX:BIN) can capitalise on this favourable industry backdrop and whether we have a buying opportunity here. About Bingo Industries Bingo Industries is a vertically-integrated waste management and recycling company. The Company’s operating segments include Collections, Post-Collections and Other. The Collections segment …

When is it time to buy Woodside?

September 9, 2020 by Michael Gable

We recently reviewed Woodside Petroleum (ASX:WPL) after the Company reported its results for the six months to 30 June 2020 (1H20). With the share price continuing to fall despite some strong fundamental drivers, at what point does WPL become an attractive opportunity? About Woodside Petroleum WPL is an Australian-based exploration and production company. It has a portfolio of producing oil & gas assets. It is the largest independent oil and gas producer in Australia. The Company’s two flagship LNG operations …