All posts by Richard Coles
Senior Analyst
Sectors Covered: Insurance, Diversified Financials
By Richard Coles
15 April 2021, 2:30 PM
Zip Co (Z1P) has successfully priced a A$400m senior unsecured convertible note, at a 35% premium over the Reference Share Price.
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By Richard Coles
14 April 2021, 5:00 PM
Generation Development Group (GDG) reported a very strong Q121 overall with record sales of A$105m in its FUM update.
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By Richard Coles
13 April 2021, 5:00 PM
In our view, it was another strong quarterly performance from Zip Co (ASX:Z1P). Group revenue, merchants, and customers (6.4m) all rose 10%-20% on the sequential quarter.
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By Richard Coles
31 March 2021, 3:00 PM
Suncorp group has disclosed its expected net costs from the recent storms and flooding in NSW, South East Queensland and Victoria. We have revised our FY21 forecasts accordingly.
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By Richard Coles
25 February 2021, 6:00 PM
Zip Co (Z1P) reported a 1H21 loss; however, we think momentum across the business remains very strong, particularly the traction Z1P is gaining in the US.
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By Richard Coles
25 February 2021, 3:30 PM
Afterpay Touch reported another solid result for 1H21, with strong growth in key metrics and again a relatively stable overall margin performance.
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By Richard Coles
23 February 2021, 2:30 PM
We think Macquarie Group (MQG) remains well positioned to seize opportunities on the other side of Covid-19.
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By Richard Coles
11 February 2021, 10:00 AM
Broadly, Aust Securities Exchange' 1H21 result was positive in our view, with pcp growth seen across the majority of ASX business units. Hold maintained.
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By Richard Coles
10 February 2021, 11:00 AM
Insurance Australia Group reported an NPAT loss slightly below MorgansE. IAG remains a quality franchise, however, we see better value elsewhere in the sector and maintain our Hold call.
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By Richard Coles
09 February 2021, 4:00 PM
Suncorp Group's 1H21 result beat consensus expectations in all key divisions. Overall, we saw this as a solid 1H21 result against a difficult backdrop, with broader trends pointing to an improving earnings trajectory into FY22.
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