A director at Aurizon Holdings Ltd bought 17,341 shares at 3.460AUD and the significance rating of the trade was 69/100. 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 two years c...
AURIZON HOLDINGS (AU), a company active in the Railroads industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 3 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date January 21, 2022, the closing price was AUD 3.57 and its expected value was estimated at AUD 3....
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....
Rating Action: Moody's withdraws Aurizon Holdings Limited's rating following corporate reorganization. Global Credit Research- 19 Sep 2019. Sydney, September 19, 2019-- Moody's Investors Service has today withdrawn the Baa1 issuer rating of Aurizon Holdings Limited.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Aurizon Holdings Limited. Global Credit Research- 13 Jul 2019. Sydney, July 13, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Aurizon Holdings Limited and other ratings that are associated with the same analytical unit.
Nothing material was announced at narrow-moat-rated Aurizon’s update and we maintain our AUD 4.00 per share fair value estimate. After the recent strong rally, the stock is overvalued. The update focused on the recently proposed agreement with coal mining customers on Aurizon’s Central Queensland rail network. If authorised, this agreement will supersede an unfavourable regulatory decision, known as UT5. We expect approval from the regulator in late 2019. Over 90% of customers have formally...
Nothing material was announced at narrow-moat-rated Aurizon’s update and we maintain our AUD 4.00 per share fair value estimate. After the recent strong rally, the stock is overvalued. The update focused on the recently proposed agreement with coal mining customers on Aurizon’s Central Queensland rail network. If authorised, this agreement will supersede an unfavourable regulatory decision, known as UT5. We expect approval from the regulator in late 2019. Over 90% of customers have formally...
Some good news for narrow-moat-rated Aurizon, with management signing agreements with the vast majority of coal mining customers to amend the too-harsh regulatory decision on its Queensland rail network. In return for improved profitability, Aurizon will invest in the network to increase volumes. We see this as a win-win for Aurizon and the miners, with Aurizon earning more money and the miners exporting more coal to take advantage of strong prices. We also like the long tenor of the agreement--...
Aurizon Holdings is a vertically integrated heavy-haul rail freight operator with an extensive fleet of locomotives and rolling stock. The company also manages and operates the largest coal rail track network in Australia. Aurizon was privatised after more than 145 years of state government ownership. Returns should improve as operational efficiency gains are delivered and haulage contracts are rolled over on improved terms or exited, supporting margins. The coal price rebound derisks the busine...
Some good news for narrow-moat-rated Aurizon, with management signing agreements with the vast majority of coal mining customers to amend the too-harsh regulatory decision on its Queensland rail network. In return for improved profitability, Aurizon will invest in the network to increase volumes. We see this as a win-win for Aurizon and the miners, with Aurizon earning more money and the miners exporting more coal to take advantage of strong prices. We also like the long tenor of the agreement--...
After a soft first-half fiscal 2019, narrow-moat rated Aurizon’s coal volumes improved 4% in the third quarter, despite some delays exporting coal to China. Coal volumes benefited from strong export demand, given healthy coal prices and new contracts. Volumes would have been even better if not for Aurizon workers taking industrial action and poor weather. The main negative, which was expected thanks to good disclosure from management, was the 20% fall in bulk volumes following cessation of iro...
After a soft first-half fiscal 2019, narrow-moat rated Aurizon’s coal volumes improved 4% in the third quarter, despite some delays exporting coal to China. Coal volumes benefited from strong export demand, given healthy coal prices and new contracts. Volumes would have been even better if not for Aurizon workers taking industrial action and poor weather. The main negative, which was expected thanks to good disclosure from management, was the 20% fall in bulk volumes following cessation of iro...
After a soft first-half fiscal 2019, narrow-moat rated Aurizon’s coal volumes improved 4% in the third quarter, despite some delays exporting coal to China. Coal volumes benefited from strong export demand, given healthy coal prices and new contracts. Volumes would have been even better if not for Aurizon workers taking industrial action and poor weather. The main negative, which was expected thanks to good disclosure from management, was the 20% fall in bulk volumes following cessation of iro...
Aurizon’s earnings have been hit hard after implementation of new, lower regulated tariffs in the network division. Group underlying EBIT fell 16% to AUD 406 million and NPAT fell 19% to AUD 227 million in first-half fiscal 2019. Interim dividends fell 19% to AUD 11.4 cents per share, based on a 100% payout ratio. Earnings are tracking below our prior forecast, but this just reflects timing of tariff implementation. We downgrade our fiscal 2019 earnings forecasts but our longer-term forecasts ...
Aurizon Holdings is a vertically integrated heavy-haul rail freight operator with an extensive fleet of locomotives and rolling stock. The company also manages and operates the largest coal rail track network in Australia. Aurizon was privatised after more than 145 years of state government ownership. Returns should improve as operational efficiency gains are delivered and haulage contracts are rolled over on improved terms or exited, supporting margins. The coal price rebound derisks the busine...
Aurizon’s earnings have been hit hard after implementation of new, lower regulated tariffs in the network division. Group underlying EBIT fell 16% to AUD 406 million and NPAT fell 19% to AUD 227 million in first-half fiscal 2019. Interim dividends fell 19% to AUD 11.4 cents per share, based on a 100% payout ratio. Earnings are tracking below our prior forecast, but this just reflects timing of tariff implementation. We downgrade our fiscal 2019 earnings forecasts but our longer-term forecasts ...
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