EVOLUTION: When Fundamentals Match Technicals
Posted on 30/01/2012
Evolution Mining (ASX: EVN) has a "Strong Buy" rating from BBY Resource Analyst, John Ciganek (12 mth price target of $2.57 per share). Currently trading at $1.77, BBY has published a technical trade idea on EVN, where a bullish symmetrical continuation triangle has formed on the stock.
A Busy Reporting Season at BBY
Posted on 25/01/2012
BBY Research Analysts have been appointing a number of Australia's more interesting small and mid-cap growth companies to present their HY2012 results for BBY clients across the country. To date, clients can book to hear results from the CEOs of Credit Corp, Pharmaxis, DWS, Oakton, Flexigroup, Wellcom, UXC, Wotif.com, WDS Limited and Vocus Communications, to name a few. We hope to have around 30 companies present at BBY by the time reporting season finishes.
A Cardno and Coffey High?
Posted on 20/01/2012
As per the analysis of BBY Senior Analyst Moira Daw, Cardno (CDD) has announced an "expected half year NPAT in the range of A$34M to $A36M". This is in accordance with our forecasts (we were at the top of consensus). CDD is a terrific company and it's recent climb is being matched by the stock price rises of the Coffey business.
BBY "Financials Team" is NUMBER ONE - Analyst Performance Highlights (Jan. 2012)
Posted on 19/01/2012
We ended last year with some terrific news on the research front, with Industrials sector awards won by John Welsh. We start the 2012 calendar year with some more excellent performances that warrant mention.
News Corp - A Fantasy Led Recovery
Posted on 17/01/2012
BBY Analyst Mark McDonnell has increased his share price target for News Corporation (NWS) to $22.53 with a Strong Buy rating.
"Well done" to the Financials team
Posted on 12/01/2012
BBY's Financials team has pretty much been the lone voice in the Aussie market calling insurance giant QBE an "underperform". Sure, other brokers have at times placed "holds" on the stock, but we have been talking to clients to get out of the stock for quite a while now.
BBY Announces Self-Clearing to Australian Media
Posted on 14/12/2011
BBY has announced to the market that we are now clearing and settling options and equities trades for our Private Clients.
Congratulations to 2011 StarMine Winner John Welsh
Posted on 09/12/2011
BBY Research's Diversified Industrials Analyst, John Welsh, has done exceptionally well in the Australian Financial Review / StarMine awards for research performance. John has been named as the No.2 Industry Stock Picker in Diversified Industrials and the No.1 Industry Earnings Estimator in Diversified Industrials.
Standing Room Only at the BBY TMT Conference
Posted on 01/06/2011
The BBY annual TMT conference focused on the Information Technology sector and all companies that presented were "high growth stories". The 2011 event shifted from companies that could be called "smaller cap emerging companies" to "best of breed". BBY firmly belives that the IT sector is set to boom, and it's not merely another mining cum-ancillary industry story. IT companies will grow, and their share prices rise strongly on the back of our local economies quest for productivity improvement in the banking, manufacturing and government sectors. Talk to your BBY Adviser about the TMT story.
Research Publishing to Take a Break
Posted on 06/12/2011
Research Publishing will be taking an end-of year break from the close of business, Friday December 16th. We'll re-open again from Monday, January 9th.
A Good Head for Radio - You can Bank On It!
Posted on 05/12/2011
When Standard & Poors cut the credit ratings of Australia's big four banks, ABC jumped on the phone to BBY's leading Financials Analyst, Brett Le Mesurier.
BBY Placed Integra Mining Enters ASX200
Posted on 02/12/2011
BBY Placed Integra Mining Limited entered the S&P/ASX 200 today. The original A$40 million placement of the stock at $0.48 was heavily over subscribed and today, trades at $0.59.
A New Carbon Trading Desk for BBY
Posted on 30/11/2011
BBY has responded to the passing of the Federal Government’s Clean Energy Future legislation with the establishment of a dedicated carbon trading desk. The new desk will be headed by Matt Dever, who was previously the Managing Director of carbon trading firm EMIT Securities. Matt is an energy and carbon market specialist with more than 15 years experience covering trading, risk management and advisory.
One of BBY's Favourites: FMS Takeover Bid (150% return)
Posted on 25/11/2011
*Important News For BBY Clients - TARGET PRICE A$0.40/sh.*
Kingsate Consolidated executes US$100 million syndicated loan facility
Posted on 04/05/2011
Kingsgate Consolidated Ltd today announced that its Thai subsidiary, Akara Mining Ltd, executed a US$100 million syndicated loan facility, completing its funding requirements for the expansion of its Chatree Mine.
Roskill Rare Earths Conference
Posted on 24/11/2011
BBY Senior Resources Analyst Mike Harrowell attended the Roskill Rare Earths conference on November 14-15. There were 230 delegates in attendance, making it the largest such conference in over 20 years. Customers or consumers of rare earths made up the majority of attendees which highlighted the degree of concern among non Chinese manufacturers concerning supply. Many companies attended the event, including the likes of Lynas, Arafura and Northern Minerals, all covered by BBY and viewed favourably by Mike and the mining team.
And The Agenda is SET!
Posted on 22/11/2011
The now fast-approaching BBY Healthcare & Life Sciences Conference has a FINAL agenda. And, we think it's a pretty good one too. Check out the website for more details, and we hope to see you on the day - Sydney on the 6th of December and Melbourne, Wednesday the 7th.
BBY Private Client Business Gets on the Case with CAIS
Posted on 14/11/2011
BBY is one of the very few Australian brokers to have available to our clients a diversified menu of top-tier alternative investment funds from a comprehensive range of the world’s leading single-manager alternative investments.
'BBY Investing' details a "Hard-to-Beat" range of services
Posted on 09/11/2011
'BBY Investing', the private client business of BBY has had what we reckon is a pretty impressive range of services for quite a while. But, we've cleared a bit of time, and put that up on the website to tell you a bit more about what we do.
Health Care & Life Sciences - December 6th (Sydney) & 7th (Melbourne)
Posted on 31/10/2011
BBY has set the dates for the 2011 'Health Care & Life Sciences' Conference to be held in Sydney on December 6th and in Melbourne on the 7th. As per recent year's events, the line-up is expected to be terrific and the content topical, informative and well prepared. More details will be forthcoming very soon, but for now, SAVE THE DATE.
ACE Served Up TODAY at BBY Sydney
Posted on 18/10/2011
BBY's ACE (Agriculture, Clean Technology and Energy) Conference is being served up today for BBY clients. Companies presenting will include Infigen Energy, Roc Oil, Dyesol, Buru Energy and Clean Seas Tuna - to name a few.
A Successful Placement for Auzex
Posted on 17/10/2011
Auzex announced earlier today that it has "completed a capital raising of $3.4million and intends to raise up to approximately $4.6million via a Renounceable Rights Issue".
BBY Barnstorms into the TOP TEN
Posted on 11/10/2011
BBY is very proud to have been named as the 9th "Best Overall Investment Bank" in the East Coles Survey, 2011. BBY is the third Australian investment house on the list, which is a terrific result for all of the teams at BBY.
Dear Adviser, Please Give Me an Idea!
Posted on 06/10/2011
BBY has been putting out a lot of well-researched trade ideas in recent days. The ideas have utilised a number of research methodologies, however our "Technical Analysis" trade ideas seem to be the most read, followed and acted on. More to come, so watch this space. Which, gives me another idea!
BBY's Market Update
Posted on 27/09/2011
BBY's clients should all have received our BBY Market Update, written by Anson Rosewall. We think it's an excellent piece and it outlines the market's status at present, proposes "where too from here" and also highlights quite a few stocks that may well be facing a fair bit of upside as a result of prevailing market trends and the current macroeconomic environment.
Ben Meikle Goes For GOLD!!!
Posted on 23/09/2011
Gold Coast Adviser Ben Meikle - with the able-bodied assistance of Regional Head Rob Harrison - will be smashing the body up this Sunday in the Coolangatta Gold this Sunday, September 25th. Good luck in this iconic Aussie event Ben.
BBY Accepted as a Chi-X (Australia) Market Participant
Posted on 22/09/2011
BBY has announced today that it has been accepted as a Chi-X Australia participant conditional on a few administration items being met over the coming week or two.
Good Luck Carsten - We're Right Behind Ya!!!
Posted on 16/09/2011
BBY is proud to be supporting one of our Sydney-based Private Client Advisers, Carsten Huebner, as he runs in this weekend's Blackmores Sydney Running Festival. Carsten will be running hard for the "Shake It Up" Foundation that is looking to find a cure for Parkinson's Disease.
SAVE THE DATE: ACE Conference
Posted on 07/09/2011
BBY's annual ACE conference is scheduled for mid October. The 18th in Sydney and the 19th in Melbourne. So, what's ACE? Agriculture, Cleantech and Energy. Some of the most interesting company stories in these sectors are locked-in to present, so don't miss out.
More Than Our Share of Options Market Share
Posted on 05/09/2011
A little evidence that BBY continues to move in the right direction, with our market share from the ASX in Exchange Traded Options being 4.6% and ranked 7 for the whole market (Friday, September 2nd). This includes all participants, including brokers and market makers.
25 Years in Business Celebrations Kick Off
Posted on 31/08/2011
Judging from last weekend, BBY's "25 years in business" celebrations are clearly going down a storm. Well, they went down on a sunny afternoon overlooking the Sydney Harbour to be more precise. I hear a good time was had by all!
Three in One!!!
Posted on 29/08/2011
Three companies in one day !! Another busy day to kick off the final BIG week of reporting for 2010/2011. ROC joined our Morning Meeting today (the first with our new BBY colleagues from StoneBridge), and Austin Engineering and Mastermyne will be in our Sydney office later today.
Mike Harrowell and Rare Earths on ABC TV
Posted on 19/08/2011
Senior Resources Analyst Mike Harrowell appeared last night on ABC TV talking about the Rare Earth's industry and the position that the Chinese have taken in the sector. The story also looked at Australia's Lynas and Arafura Resources companies' ownership, support and outlook.
UPDATE: BBY & StoneBridge Completion
Posted on 18/08/2011
All StoneBridge clients have already received information relating to the transfer to BBY Limited of the StoneBridge Group businesses and Advisers. In our previous communications with StoneBridge clients we stated that the Changeover Date for the transition to be BBY would be 19 August 2011 (for online and FX products) and 22 August 2011 (for equities, ETOs and futures) or such later date as notified to you on our websites. The Changeover Date for the transaction will no longer be on these dates and will be advised via the StoneBridge and BBY websites on Tuesday, 23 August 2011.
Peter Copeland Thanks "The Wall Street Journal"
Posted on 17/08/2011
Dow Jones has been speaking to one of BBY's Senior Institutional Dealers, Peter Copeland. And as always, Peter cut straight to the chase!
August 25th is Mining Services Day at BBY!
Posted on 16/08/2011
We are delighted to be bringing three of the Australian market's truly exciting Mining Services companies under the BBY roof on the one day, August 25th.
Why BBY has Pharmaxis as a Strong Buy
Posted on 12/08/2011
BBY Analyst Dr Dennis Hulme has published research today on Pharmaxis, a company that he has as a STRONG BUY. If you would like a copy of Dr Hulme's work, please contact your BBY Adviser. With a target price of $1.80, that's terrific upside from a current share price of $1.07.
Mark McDonnell Talks Telstra
Posted on 11/08/2011
BBY's Senior Telco, Media and IT Analyst, Mark McDonnell, has been filmed at the BBY offices by the ABC just hours after the release of the Telstra result. Financials Analyst Brett Le Measurier kicked it off yesterday, also being interviwed by the ABC on the result of CBA.
Look Out for BBY's Peak to Trough Analysis
Posted on 05/08/2011
New BBY Research pieces hot off the press are summarising the performance of select stocks in a range of sectors from the "Peaks" to the "Troughs". Regardless of the sector, each report makes for interesting reading and is short and snappy for ready reckoning. Speak to your BBY Adviser if you've missed your copy.
Reporting Season Results Presentations
Posted on 01/08/2011
Our calendar continues to fill-up fast for the rapidly approaching Results Reporting season. These give our clients the opportunity to hear first-hamd from the CEOs of BBY companies under coverage.
BBY's CEO Glenn Rosewall on Lateline Business
Posted on 22/07/2011
ABC's Lateline Business program visited the Sydney office of BBY to do an after-market interview with CEO, Glenn Rosewall.
