All posts by Tom Sartor
Senior Analyst
Sectors Covered: Junior (Emerging) Resources, Bulk Materials
By Tom Sartor
29 January 2021, 8:30 AM
Dividend deferrals and cuts have taken a considerable toll on income investors over the past nine months. Our analysts detail where to source secure yields amidst this more challenging environment.
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By Tom Sartor
27 January 2021, 5:30 PM
Our analysts preview the results for 184 stocks under coverage that report this February, calling out potential surprise and disappoint candidates.
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By Tom Sartor
11 January 2021, 3:40 PM
Examining the Commodities rally with perspective versus previous cycles, including the most interesting recent news and opportunities. Morgans Equity Strategist, Tom Sartor guides us through the opportunities in this new cycle for 2021.
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By Tom Sartor
02 December 2020, 9:00 AM
Morgans research analysts re set their sector views, strategies and best stock ideas ahead of an accelerating economic recovery into 2021. The November market bounce was stunning, but we remind investors to continually re asses their portfolio exposures and to prepare for ongoing opportunities as we expect bumps in the road ahead.
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By Tom Sartor
23 November 2020, 2:25 PM
The dominant global technology and consumer franchises are leveraging COVID inspired structural shifts and continue to lead the market recovery.
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By Tom Sartor
19 November 2020, 3:45 PM
1H21 underlying financials met the market’s expectations helped by thorough
disclosure through COVID.
All indications suggest 1Q21 will mark the low-point in activity, with resilient
margins and much stronger 2Q sample flows seen continuing into 2H21.
We forecast earnings to recover back to pre-COVID levels during 1H22,
contingent on avoiding further hard lockdowns in key geographies.
Our blended valuation is based on our FY22 forecasts and adjus...
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By Tom Sartor
24 August 2020, 11:55 AM
August has been a story of cyclical and consumer-facing stocks in particular in terms of 1) surprising overly fearful expectations, and/or; 2) being well supported by the market even if they didn’t. Whether this can continue when fiscal support scales down will be a key question as we exit August.
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By Tom Sartor
30 July 2020, 10:30 AM
The lack of 1H21 guidance at the AGM was a surprise, however the 1Q trading update does imply ASL (ASX:ALQ) is tracking comfortably ahead of expectations. Our blended valuation is based on FY22 forecasts and adjusts.
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By Tom Sartor
13 July 2020, 9:20 AM
The stunning rebound in the US equity market in the March quarter looks to have run ahead of fundamentals, particularly as the pandemic leaves complex economic questions in its wake. As such we remain on the look out to allocate more active weight toward beneficiaries of a cyclical recovery, but that looks far too early to call with the information at hand.
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By Tom Sartor
29 June 2020, 1:35 PM
With COVID-19 wreaking havoc on the ability to forecast corporate earnings in the current half year, we're seeing a much larger than usual number of companies seeking to keep the market informed via trading updates, guidance updates and/or unaudited results well ahead of their full financial results due in August.
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