Stock Analysis

Time to buy shares in Webjet?

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Webjet (ASX:WEB) recently released their full year results and they contained some disappointing aspects. This contributed to the weakness in the share price post results release. After tumbling from $17 to $11, there could be an opportunity here. We have considered the organic growth opportunities in the B2B business, the challenges in the B2C segment, and the potential for further acquisitions. WEB has two key segments – Business to Consumer (B2C) and Business to Business (B2B). B2C consists of Webjet …

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Bapcor shares are back on the radar

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The last 12 months have been tough for Bapcor (ASX:BAP) but there now appears to be light at the end of the tunnel.   After a challenging period for Bapcor shares, we saw the recent full year results release (FY19) as potentially a turning point. The investment case for BAP is now supported by: 1. a quicker-than-expected rebound in sales growth the Trade segment, 2. the re-commencement of earnings growth for the Retail & Service segment, 3. growth opportunities from …

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Don’t rush into buying Challenger shares

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Challenger (ASX:CGF) has been a market darling for many years. However, the last 18 months has seen an almost halving of the share price. Does this mean that is now a fantastic buying opportunity? Better-than-expected guidance for FY20 provided by Challenger at the recently-released FY19 results provided the market with short-lived hope that meaningful earnings growth was set to re-commence from FY21. This was after negative EPS growth over the last two years, as well as for FY20. We examine …

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Weakness in Cleanaway shares is an opportunity for investors

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We recently assessed the fundamentals for Cleanaway Waste Management (ASX:CWY) after the Company reported its full-year results (FY19). CWY’s main operations comprise the collection, recovery and disposal of solid waste as well as liquid waste. Post results release, the share price has struggled. The underlying earnings result (EBITDA) was slightly below consensus estimates. Also, the FY19 result was the first in a while where the Company has not delivered a result that was ahead of market expectations. Further compounding this …

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Taking a cautious view on Pinnacle

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We recently assessed the fundamentals for Pinnacle Investment Management Group (ASX:PNI), given that the shares have declined from a recent high of $6.19 in early May. This is despite steady growth in Funds Under Management and the addition of new firms underpinning an outlook for strong revenue growth. Even down here there is still reason to be cautious. About Pinnacle Investment Management Group PNI holds minority equity interests in 13 boutique investment management firms (‘Affiliated Firms’). The business model is …

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