Morgans Blog | Morgans

Brickworks: Business positioned to navigate a softer FY24

28 September 2023, 8:00 AM

We were slightly surprised by the share price reaction post the results release for Brickworks (ASX:BKW), down c.10% intra-day (closing down 6.4%).

Nufarm: Outperforming peers but headwinds remain

By Belinda Moore

28 September 2023, 8:00 AM

While Nufarm (ASX:NUF) has been a beneficiary of a lower AUD, its FY23 performance has been stronger than peers.

Australian Retail Sales: August 2023 - Treading water

By Alexander Mees

28 September 2023, 8:00 AM

The Australian consumer appears to have run out of steam. Retail sales for August were up just 0.2% month-on-month (m/m) which was slightly below consensus expectations of +0.3%.

Pro Medicus: Monsters Inc

By Iain Wilkie

27 September 2023, 8:00 AM

Pro Medicus (ASX:PME) has signed its largest contract to date (by quite a distance), inking a A$140m contract over 10 years with a large US-based healthcare system.

Allkem: Growth upside outweighs the risks

By Max Vickerson

26 September 2023, 8:00 AM

Allkem (ASX:AKE) announced a range of cost increases across its portfolio of growth projects, whilst the company has also increased its long term commodity price assumptions, boosting its estimated project values.

IT Services: Tech results season wrap

By Nick Harris

22 September 2023, 8:30 AM

Morgans Senior Analyst Nick Harris summarises the key takeaways, investment view changes and key picks following the completion of August 2023 reporting season for the Technology sector.

Consumer Discretionary: Reporting Season Wrap

By Alexander Mees

22 September 2023, 8:30 AM

Morgans Head of Research Alex Mees gives a reporting season wrap-up with the earnings of discretionary retailers generally exceeding our expectations during the FY23 reporting season, driving a positive inflexion in share prices.