A director at Qantas Airways Limited maiden bought 70,000 shares at 7.314AUD and the significance rating of the trade was 81/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last tw...
Summary Regional Express Holdings Ltd - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Regional Express Holdings Ltd (REX) is a regional aviation company. The company provides air transportation services for passengers and freight. It also offers government and defense-relat...
The general evaluation of QANTAS AIRWAYS (AU), a company active in the Airlines industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 18, 2022, the closing price was AUD 5...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Summary Air Mauritius Ltd - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Air Mauritius Ltd (Air Mauritius) is a provider of scheduled and non-scheduled air transportation and cargo services worldwide. It offers aviation services such as flight catering, maintenan...
Global equities fell by 0.6% after a strong start of the month was scuttled by the emergence of the Coronavirus. Healthcare (12%), IT (11%), Communication Services (9%) and Consumer Staples (8%) saw strong returns. The biggest hurdle for investors in Australia remains valuation. Analysts seem relatively comfortable with full-year EPS estimates after the downgrade cycle, with earnings certainty is back to around normal levels for the ASX200 universe. The Q4 19 inflation data was broadly in ...
The ASX 200 shrugged off a poor reporting season and fell in line with global markets. Global stock markets fell by 2.0% due to concerns about global trade. Healthcare (3.6%), Property (2.3%) and IT (5.0%) were the best performing sectors, while Materials declined on the backs of a large fall in the price of iron ore and a weak FY19 result from BLD. The strong relative performance of Australia during the past 3 months combined with the large number of downgrades in June and a downgrade ...
Our AUD 5.00 per share fair value estimate for no-moat-rated Qantas is unchanged following its third quarter update. The shares currently trade at a slight premium to our valuation. The company reported fiscal 2019 third quarter revenue of AUD 4.4 billion, a 2.3% increase on the previous corresponding period, despite the shift in the timing of Easter which fell in the fourth quarter of fiscal 2019. Unit revenue increased by 4%, and the firm remains on track to offset higher fuel costs. After nor...
Our AUD 5.00 per share fair value estimate for no-moat-rated Qantas is unchanged following its third quarter update. The shares currently trade at a slight premium to our valuation. The company reported fiscal 2019 third quarter revenue of AUD 4.4 billion, a 2.3% increase on the previous corresponding period, despite the shift in the timing of Easter which fell in the fourth quarter of fiscal 2019. Unit revenue increased by 4%, and the firm remains on track to offset higher fuel costs. After nor...
Our AUD 5.00 per share fair value estimate for no-moat-rated Qantas is unchanged following its third quarter update. The shares currently trade at a slight premium to our valuation. The company reported fiscal 2019 third quarter revenue of AUD 4.4 billion, a 2.3% increase on the previous corresponding period, despite the shift in the timing of Easter which fell in the fourth quarter of fiscal 2019. Unit revenue increased by 4%, and the firm remains on track to offset higher fuel costs. After nor...
No-moat-rated Qantas has had a challenging start to fiscal 2019, reporting an interim underlying profit before tax of AUD 780 million, down almost 20% on the previous corresponding period. Unsurprisingly, the main driver of the earnings decline was the AUD 416 million increase in fuel cost during the first half. The company was able to pass through some of the higher fuel price, as evidenced by the 6% increase in average unit revenue, although it was unable to fully offset the 10% growth in unit...
Qantas Airways is Australia's largest domestic airline with around two thirds market share via its dual brand strategy. It effectively operates in a competitive duopoly with Virgin/Tiger in Australia, and its international partnerships helps to combat international market forces. The combination of the cessation of the recent domestic capacity war, the cost-reduction programme, the benefit from low oil prices, and the focus on optimising its capital structure are driving a significant turnaround...
No-moat-rated Qantas has had a challenging start to fiscal 2019, reporting an interim underlying profit before tax of AUD 780 million, down almost 20% on the previous corresponding period. Unsurprisingly, the main driver of the earnings decline was the AUD 416 million increase in fuel cost during the first half. The company was able to pass through some of the higher fuel price, as evidenced by the 6% increase in average unit revenue, although it was unable to fully offset the 10% growth in unit...
Despite having fallen by approximately 20% in the past three months, shares in no-moat-rated Qantas are still trading slightly above our unchanged AUD 5.00 per share fair value estimate. Airlines are highly cyclical and after enjoying three years of low fuel prices, healthy consumer confidence, and lacklustre competition, we believe Qantas has passed peak cycle conditions. We have trimmed our fiscal 2019 and 2020 EPS estimates by around 7% on average to AUD 0.60 and 0.69 per share, respectively,...
Despite having fallen by approximately 20% in the past three months, shares in no-moat-rated Qantas are still trading slightly above our unchanged AUD 5.00 per share fair value estimate. Airlines are highly cyclical and after enjoying three years of low fuel prices, healthy consumer confidence, and lacklustre competition, we believe Qantas has passed peak cycle conditions. We have trimmed our fiscal 2019 and 2020 EPS estimates by around 7% on average to AUD 0.60 and 0.69 per share, respectively,...
Qantas Airways is Australia's largest domestic airline with around two thirds market share via its dual brand strategy. It effectively operates in a competitive duopoly with Virgin/Tiger in Australia, and its international partnerships helps to combat international market forces. The combination of the cessation of the recent domestic capacity war, the cost-reduction programme, the benefit from low oil prices, and the focus on optimising its capital structure are driving a significant turnaround...
Despite having fallen by approximately 20% in the past three months, shares in no-moat-rated Qantas are still trading slightly above our unchanged AUD 5.00 per share fair value estimate. Airlines are highly cyclical and after enjoying three years of low fuel prices, healthy consumer confidence, and lacklustre competition, we believe Qantas has passed peak cycle conditions. We have trimmed our fiscal 2019 and 2020 EPS estimates by around 7% on average to AUD 0.60 and 0.69 per share, respectively,...
Fiscal 2018 was another stellar result for no-moat-rated Qantas, with underlying profit before tax up 15% to AUD 1.6 billion, despite a 25% jump in the jet fuel price. The key earnings drivers were strong ticket revenue across Qantas Domestic, Qantas International, and Jetstar, which each increased revenue by 5%-8%. EBIT margins were also solid, expanding by 60 basis points at the group level to 10.5%, reflecting ongoing transformation benefits. While this performance was consistent with our exp...
Fiscal 2018 was another stellar result for no-moat-rated Qantas, with underlying profit before tax up 15% to AUD 1.6 billion, despite a 25% jump in the jet fuel price. The key earnings drivers were strong ticket revenue across Qantas Domestic, Qantas International, and Jetstar, which each increased revenue by 5%-8%. EBIT margins were also solid, expanding by 60 basis points at the group level to 10.5%, reflecting ongoing transformation benefits. While this performance was consistent with our exp...
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