2023 Morgans QLD Conference: Key picks and highlights

About the author:

Author name:

By Andrew Tang

Job title:

Analyst - Equity Strategy

Date posted:

27 October 2023, 8:30 AM

Sectors Covered:

Equity Strategy and Quant

• Morgans was pleased to host its 33rd Annual Queensland Conference featuring 42 companies across a broad cross-section of the economy.
• This year’s conference highlighted the myriad of opportunities and threats facing corporate Australia. As the business cycle turns, companies are looking at acquisitions and technology to grow. Many presentations focused on the AI opportunity, which is expected to drive productivity and speed up product development. At the same time, Geopolitical risks in the Middle East weighed heavily on the travel sector and investor sentiment. 
• Strong updates from high-value spend (CTD, FLT, MVF, HLO) contrast with lower value (UNI, BBN, SLH) and highlight corporate Australia's challenges as the impact of higher interest rates hit households unevenly.
• Other common themes included cost control and environmental sustainability. 
• Our conference key picks include CTD, APE, HUB, MP1, QAL, MVF, DGL, AND.

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If you would like more information, please contact your adviser or nearest Morgans office. 

Disclaimer: The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents (“Morgans”) do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.