All posts by Scott Murdoch
Senior Analyst
Sectors Covered: Diversified Financials, Professional Services
By Scott Murdoch
02 December 2021, 11:00 AM
Credit Corp (ASX:CCP) has acquired the Radio Rentals consumer leasing assets from TGA for ~A$45m, funded via cash.
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By Scott Murdoch
18 November 2021, 10:00 AM
Eagers Automotive (ASX:APE) released FY21 NPBT guidance of A$390-395m, ~5% below consensus and implying 2H22 NPBT of ~A$175m (down from 1H21 A$218.6m).
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By Scott Murdoch
05 November 2021, 8:30 AM
Credit Corp's (ASX:CCP) 1Q22 shows the group is on track for growth in FY22 (+8% at the top-end of guidance), and on-track in executing on the material USA opportunity.
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By Scott Murdoch
28 October 2021, 8:00 AM
Peter Warren Automotive (ASX:PWR) noted QLD results have been above expectations, and NSW customer activity is encouraging post lockdowns lifting. The order book at Sept-21 is higher vs June-21, setting up for a stronger 2H22 performance.
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By Scott Murdoch
26 October 2021, 10:00 AM
Smartgroup (ASX:SIQ) and TPG/Potentia (the consortium) have terminated takeover proceedings.
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By Scott Murdoch
20 October 2021, 9:30 AM
Bapcor's (ASX:BAP) 1Q22 revenue was flat on the pcp, with solid Specialist Wholesale growth (7%) offset by the Retail division down ~12% (~70% of stores lockdown impacted).
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By Scott Murdoch
20 October 2021, 9:00 AM
IDP Education's (ASAX:IDP) 1Q22 update confirmed mostly strong recovery/growth trends: IELTs volumes +84% on the pcp; Northern Hemisphere placements +120%; and Australia placements -24% on the pcp.
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By Scott Murdoch
19 October 2021, 10:30 AM
HUB24 (ASX:HUB) announced the proposed acquisition of Class (ASX:CL1) for an implied ~A$385m, funded primarily via scrip.
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By Scott Murdoch
19 October 2021, 7:00 AM
Excluding the acquired Taswest Limited (ASX:TSW) business, Pendal Group (ASX:PDL) reported 4Q21 FUM (funds under management) of A$106.1bn, down marginally on 3Q21 (A$106.7bn). TSW closed with A$33.1bn FUM.
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By Scott Murdoch
18 October 2021, 8:30 AM
Both specialist platforms Netwealth Group (ASX:NWL) and HUB24 (ASX:HUB) beat expectations for 1Q22 flows.
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