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Tripling margins is not enough on the ASX
ResMed's margins have almost tripled over the past quarter... [TV bullets, seen here: https://ausbiz.com.au/media/market-update-anz-coles-resmed-qantas-evolution-mining-collins-food?videoId=48271] Indeed, the medical devices company has seen gross margin expand by 290 basis points to 62.2 per cent. Meanwhile... third quarter revenue were up 8 per cent on a constant currency basis, reaching 1.4 billion dollars. [Stock price] And ResMed says it has returned 262 million dollars
Marius Mariton
May 11 min read


Virgin Australia: Costs Are In The Air
Virgin Australia expects to grow its earnings & costs in the second half of FY26. The airline anticipates demand for air travel to remain strong, and will increase domestic capacity by around 2 to 3 %. This means capex will increase in the second half, with the purchase of a new aircraft... in addition to restructuring and IT costs. In the first half, underlying earnings were up 11.7% to $490 million. But Statutory profit came in 28% lower on the previous corresponding period
Marius Mariton
Feb 271 min read


Has Cochlear turned a Corner?
Cochlear as flagged that its profit for this financial year should be towards the lower end of guidance as the rollout of an implant took longer than expected. For FY26, underlying net profit is expected at the lower end of guidance, currently in the 435 to $460 million range. In the first half of the financial year, Cochlear has reported a sales revenue growth of 1%, but down 2% in constant currency. Underlying net profit was down 9% to $195 million. Cochlear expects a stron
Marius Mariton
Feb 131 min read


Roaring Reporting Season
Roaring company results sent the S&P/ASX 200 past the 9,000 point mark this Wednesday. The index gained 1.66% to 9,014.88 points, pushed higher by the banking sectors as the Commonwealth Bank was reporting. Echoing August 2025, results season once again triggered large share price movements. ASX-mammoth CBA banked its best day in six years, up 6.8% as it reported record first-half cash earnings, thanks to robust growth in lending and deposit volumes. Heading the oth
Marius Mariton
Feb 111 min read


Going James Hardie on the defensive
James Hardie has marginally increased its FY26 earnings guidance, saying it is taking actions to mitigated a "mixed macro backdrop". In the third quarter, the building materials manufacturer has reported a 30% increase in net sales, which comes down to 1% in organic net sales due to the company using its inventory. CEO Aaron Erter has declared that James Hardie is in the process of optimising manufacturing, and aligning costs to what is described as a stabilising pace of dema
Marius Mariton
Feb 111 min read


L’optimisme prudent des producteurs australiens de Nickel
L'interruption d’activités minières en Indonésie a donné un nouveau coup de pouce au prix du Nickel. Mais en Australie, le sixième producteur de la ressource, l’optimisme reste prudent. Des vents défavorables, qui ont tournés temporairement En effet, le prix du métal a pâti d’une surproduction ces dernières années. Cela était particulièrement néfaste pour les producteurs à haut coût comme l’Australie et la Nouvelle-Calédonie, comparées à l'Indonésie et aux Philippines. L’Aust
Marius Mariton
Feb 42 min read


Consumers can't avoid pessimism
Consumer sentiment has reverted back to ‘cautiously pessimistic’ levels according to Westpac. ‘Inflation’ remains the dominant news item, along with a sharp turnaround in mortgage rate expectations. As a result, the Westpac-Melbourne Institute Consumer Sentiment fell 9% to 94.5 point in December , after it had edged up above 100 in November, the only time since reopening from the Covid-19 pandemic. While ‘international conditions’ has become a much less prominent topic, cons
Marius Mariton
Dec 16, 20251 min read


When Dr. Copper gets sick
The S&P/ASX 200 shed 0.72% to 8,635 points as it opened the last full trading week of 2025. AI bubble fears sent Wall Street lower, with these losses reverberating locally this Monday, in addition to weaknesses in the miners. With copper giving back recent gains, and iron ore prices also lower, diversified miner BHP dropped by 2.9%. Fortescue also shed 1%, on the day it flagged plans to fully acquire a Peruvian copper miner. Meanwhile the ASX stock itself was in t
Marius Mariton
Dec 14, 20251 min read


Broker Moves: Holding on to Xero until the end of the financial year?
Both Jefferies and Morningstar are flagging customer growth risks for Xero. The brokers says customer growth is being impacted by price hikes, and noted the difficulty to win new customers in a mature ANZ market. Jefferies has cut its price target to $135.50 per share, while retaining it's 'hold' rating. However, Citi has retained its 'buy' on Xero , with potential US upsides following the Melio acquisition. Meanwhile - Morningstar is forecasting subdued growth earnings for t
Marius Mariton
Nov 14, 20251 min read


Big bank blues
Higher commodity prices overnight were not enough to compensate for the weakness seen in CBA
Marius Mariton
Nov 11, 20251 min read


China's slowing GDP growth
China's third quarter GDP growth has slowed to its lowest level in a year, up 4.8%, compared to 5.2% over the previous quarter. This was in line with expectations as a prolonged property slump and trade tensions hurt demand, keeping pressure on policymakers to roll out more stimulus. On a quarterly basis, GDP grew 1.1% in the third quarter, compared with a forecast of 0.8% While China's export growth rebounded in September, much of the recent data show the world's second-la
Marius Mariton
Oct 20, 20251 min read


Over 4,000
The S&P/ASX 200 ended the session flat, dragged down by tech stocks tracking a weaker session in New York. The local market was 0.1%...
Marius Mariton
Oct 8, 20251 min read


Sliding sentiment
The S&P/ASX 200 continued to slide from record highs, down 0.27% to 8,956.80 points this Tuesday. Consumer discretionary was the...
Marius Mariton
Oct 7, 20251 min read


Budget vs Bullion
The S&P/ASX 200 rose more than 1% to close at 8,945.9 points during Thursday's trade, supported by gains in the miners and the banks. ...
Marius Mariton
Oct 2, 20251 min read


Holding on
The RBA's decision to keep rates on hold sent the S&P/ASX 200 0.2% lower to 8,848.80 points this Tuesday, despite a positive start. The...
Marius Mariton
Sep 30, 20251 min read


ASX wrap up (23.09.25)
The S&P/ASX 200 extended Monday’s gains and finished Tuesday’s session 0.4% higher to 8,845.9 points, supported by the miners and the...
Marius Mariton
Sep 23, 20251 min read


Glitter and Gold: How the Miners Pushed the ASX Higher (22.09.25)
The S&P/ASX 200 was lifted by the miners this Monday, ending 0.43% higher at 8,810.9 points. Gold miners rallied, with Genesis Minerals ...
Marius Mariton
Sep 22, 20251 min read


Investing in housing... or in Pokemon cards
☁️ Data centres could use up to 25% of NSW water supply by 2035 🏘️ Population and housing 🎴 Pokemon cards have a better return than...
Marius Mariton
Sep 19, 20251 min read


Marius Mariton
Sep 13, 20250 min read


Marius Mariton
Sep 5, 20250 min read
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