European markets up 0.9% ASX set to open lower

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1 European markets up 0.9% ASX set to open lower Powered by wise-owl.com

2 YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change US Stocks Drop for the Third Week The weakness plaguing consumer companies proved contagious and pushed U.S. stocks to the longest streak of weekly declines since January s market meltdown. The S&P 500 Index dropped for a third week after disastrous reports from Macy s Inc. to Nordstrom Inc. sent retail shares tumbling. While apparel makers led the decline, falling to a three-month low, the selling affected a swath of industries that rely on consumer spending. Airlines, media companies and real-estate firms all sank at least 1.8 percent. The S&P 500 fell 0.5 percent to 2, in the five days, to the lowest level in a month. The market declined 0.95 on Friday. European shares climbed, wiping out earlier losses, after data showing better-than-forecast U.S. data on retail sales and consumer sentiment stoked optimism about the health of the world s biggest economy. The Stoxx Europe 600 Index gained 0.5 percent at the close of trading. Buoyed by today s advance, the Stoxx 600 posted its first weekly advance in three, up 0.9 percent. S&P % Dow Jones -1.05% NASDAQ -0.41% STOXX % FTSE % DAX % Crude Oil -1.05% Gold +0.12%

3 THE ASX YESTERDAY IN REVIEW AUS Ticker Change Most Sectors Decline on Friday; ASX Up 0.7% for the Week The Australian share market slipped on Friday as the benchmark index ASX 200 declined 0.6% and closed at 5329 points. During the week, the market initially experienced buying pressure and peaked on Wednesday morning. However, investors reduced exposure during the second half, which caused the market to fall on Thursday and Friday. Nevertheless, the market rose a modest 0.7% for the five days. Economic Data Released Last Week: The Westpac Consumer Sentiment Index spiked up to a two-year high, as Australian consumers welcomed the Reserve Bank s rate cut of 0.25%. The closely tracked Westpac-Melbourne Institute Index of Consumer Sentiment surged 8.5% in May to The Australian Bureau of Statistics stated that the number of new home loans granted for owner-occupied homes declined 0.9% in March. ASX % ALLORDS -0.50% CBA -1.09% BHP -2.10% WBC -1.32% NAB -0.86% TFC +0.00% MLD +3.70% BPF -2.44%

4 DAILY PRICE ACTIVITY AUSTRALIA ASX200 price action last week

5 UPCOMING DIVIDENDS Tasty dividends & distributions DATE CODE COMPANY ANNOUNCEMENT ASX CODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING % MQG Macquarie Group 17 May Jul NAB National Aust. Bank 17 May Jul CBC CBG Capital 18 May May RMD ResMed 18 May Jun AL OneAll International 23 May May IPL Incitec Pivot 23 May Jul MQGPA May Jun OPG Opus Group 27 May Jun AGLHA HY 3M Q SU T 30 May Jun WBCPD May Jun NABPB May Jun ORI Orica 31 May Jul Courtesy of

6 WHATS HOT? WHATS NOT? MQA.asx - steaming hot TPS.asx - cooling down DATE CODE COMPANY ANNOUNCEMENT Shares of Macquarie Atlas Road Group have been travelling in an uptrend since the company listed on the ASX in The company recently announced that its toll revenue rose 6.5% during the quarter ended March Shares of Threat Protect Australia Limited have lost almost 60% in value since the beginning of the year. Recently, the company lowered its profit guidance for FY16 drastically, as it now anticipates a net loss between $4.8 to $5.1 million for the financial year, from an initial forecast of a net profit of $0.837 million.

7 ECONOMIC NEWS What to look out for: DATE CODE COMPANY ANNOUNCEMENT No economic news for Australia German markets are closed for the Whit Monday holiday

8 NEWSWORTHY This caught our attention.. Earnings DATE CODE Update: COMPANY AMP, Aristocrat, Myer, Westfield ANNOUNCEMENT and Xero Limited AMP Limited (ASX: AMP) announced that its net cash flow in the Australian wealth management segment declined 39% for the first quarter ended 31 March The company states that the net cash flow was impacted by a weaker investor confidence and the ongoing market volatility. Total Assets under Management (AUM) declined 2% to $112.6 billion, reflecting investment market movements during the quarter. Total retail and corporate superannuation net cash flows plummeted 40% to $383 million. Aristocrat Leisure Limited (ASX:ALL) expects to report roughly $183 million in Net Profit After Tax and Amortisation (NPATA) during its 1H16 results. The anticipated result is approximately 66% higher than the normalised NPATA reported in the PCP. The company plans to release the 1H16 results on 26 May Click Here to Read the Full Story

9 LATEST UPDATE FROM WISE-OWL Berkeley Energia Ltd (BKY) Growth CODE Portfolio: COMPANY Berkeley Energia Ltd (BKY) -ANNOUNCEMENT Spec Buy Berkeley Energia Limited ("Berkeley", the Company"), formerly known as Berkeley Resources Ltd, is an Australian minerals company focused on uranium mining. The company's flagship asset is the Salamanca Project in Spain. The mineral resource estimate for the Salamanca Project stands at 83m tonnes, grading 495 ppm for 90.5m pounds of uranium. We issued a 'speculative buy' recommendation in Apr 2014 at $0.31/share. Berkeley has recently commenced development of the Salamanca project. Now incorporating the high grade Zona 7 deposit, Salamanca has an estimated Net Present Value ("NPV") of US$871.3 (~A$1190m) and a mine life of 18 years. Berkeley is currently undertaking the Definitive Feasibility Study, which, if completed, enables funding and sales contracts to be put in place. ASX:BKY Spec Buy Last Price: $0.62 Target: $0.90 Stop: $0.40 Outlook: 12m+ Click Here to View Full Report

10 OUR VIEWS AT A GLANCE Find below a summary of Wise-owl s current market views CODE COMPANY ANNOUNCEMENT The ASX 200 has potential to outperform international markets in 2016/17 We continue to focus on small-mid cap stocks There are individual opportunities on the ASX 200 We favour the risk/reward ratio for gold miners We see value in European equities We see little upside for US stocks

11 A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY ANNOUNCEMENT Wise-owl.com Discovering the Bluechips of Tomorrow Wise owl specializes in identifying emerging companies and financial market trends very early in their life cycle. The significant capital growth that often follows has earned wise owl a formidable reputation for discovering the bluechips of tomorrow. Investors, executives, and institutions harness this expertise through wise owl s research, and capital market services. Phone: Phone (Int.): Fax: Post: Suite 4.02 Level 4,139 Macquarie St, Sydney, info@wise-owl.com Follow us on Twitter Like us on Facebook Linkedin Add me on Linkedin:

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