Crude oil prices soar over 4% ASX set to open higher Powered by wise-owl.com
LATEST UPDATE FROM WISE-OWL Investment Opportunity for Sophisticated Investors Only We have ancode opportunity COMPANY for Sophisticated Investors to participate in the ANNOUNCEMENT expansion plans of an enterprise Software as a Service (SaaS) company. I have contacted you a few weeks ago and we are excited to announce that we can now move forward. Key Highlights AUD$4 million revenue base with 5 year CAGR over 40% - anchored by recurring enterprise SaaS contracts. Total Addressable Market of US$100 billion in the mobility, energy management and residential Internet of Things (IOT) markets. Game changing platform being commercialised for US$26.5billion residential IOT market. Scalable business model through channel partners in Australia and New Zealand. Dual proprietary research and development facilities in Australia and Vietnam enabling low cost and highly agile technical development. The opportunity is open to qualified s708 sophisticated investors. In order to be eligible, you need to have either: (a) Net assets of at least AUD$2.5million, or (b) An aggregated gross income for each of the last two (2) financials years of at least AUD$250,000. Contact admin@wise-owl.com or call 02 8031 9700 if you believe you qualify.
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change U.S. Stocks Hit All-Time Highs as Crude Prices Lift Energy Shares U.S. stocks rose, pushing four major benchmark indexes to simultaneous records. The S&P 500 Index rose 0.8 percent to 2,198.19 at 4 p.m. in New York. The Dow Jones Industrial Average advanced 88.62 points to 18,956.55 to a fresh high, while the Russell 2000 Index capped a 12th day of gains. The Nasdaq Composite Index added 0.9 percent to its highest level ever. The new milestone for the S&P 500 arrived as companies ended a fivequarter profit slump and Donald Trump s election fueled optimism that his plans to cut taxes and boost fiscal spending will benefit industries more geared toward economic growth. Financial shares have done the heavy lifting since the last record, rising 14 percent since the August high. Energy producers are up 3.9 percent, while groups coveted for their high dividend yields have tumbled with bonds. S&P 500 +0.75% Dow Jones +0.47% NASDAQ +0.89% STOXX 600 +0.25% FTSE 100 +0.03% DAX30 +0.19% Crude Oil +4.51% Gold +0.24% A rally in commodity producers helped European equities erase declines. The Stoxx Europe 600 Index climbed 0.3 percent, reversing a slide of as much as 0.8 percent.
THE ASX YESTERDAY IN REVIEW AUS Ticker Change Gains in Resource and Energy Stocks Not Enough to Lift ASX The ASX recovered from early losses with energy, gold and resource stocks leading the pack but it wasn t enough to lift the market as a whole. The ASX 200 fell 25 points on the open, then rebounded in the afternoon before falling in the final hour of trading again. The banks experienced a turnaround as Westpac (WBC) gained wile Commonwealth Bank (CBA) and National Australia Bank (NAB) traded little changed. BT Investment Management (BTT) declined 6.2 per cent. The S&P/ASX 200 fell 8.1 points or 0.2 per cent to be last quoted at 5,351.3 points. Last week the market declined 0.2 per cent in a flat week. Commodities traded broadly higher during Asian trade further encouraging investors to buy resource stocks. Oil and copper prices rose over 1 per cent each. The energy sector gained 1.7 per cent as a whole while miners added 0.3 per cent. Staples and health care shares weighed on the market dropping 1.3 per cent. ASX 200-0.15% ALL ORDS -0.15% CBA +0.01% BHP +0.75% WBC +0.52% WOW -1.55% TFC +2.36% OZL -0.52% BPT +0.62% The Australian Dollar continued it s recent downtrend during Asian trend but recovered overnight to be last traded at 73.7 U.S. cents.
DAILY PRICE ACTIVITY AUSTRALIA ASX200 price action yesterday
UPCOMING DIVIDENDS Tasty dividends & distributions DATE CODE COMPANY ANNOUNCEMENT CODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING % TRE Tilt Renewables 24 Nov 2016 09 Dec 2016 3.00 0.00 WHF Whitefield 24 Nov 2016 12 Dec 2016 8.50 100.00 WHFPA -- 24 Nov 2016 12 Dec 2016 4.00 100.00 WHFPB -- 24 Nov 2016 12 Dec 2016 350.00 100.00 YTMANZ -- 24 Nov 2016 08 Dec 2016 162.50 0.00 YTMF09 -- 24 Nov 2016 08 Dec 2016 70.31 0.00 YTMF10 -- 24 Nov 2016 08 Dec 2016 62.83 0.00 ZEL Z Energy 24 Nov 2016 12 Dec 2016 8.84 0.00 BENPD -- 25 Nov 2016 13 Dec 2016 249.56 100.00 IFT Infratil 25 Nov 2016 15 Dec 2016 5.48 0.00 RHL Ruralco Holdings 25 Nov 2016 19 Dec 2016 2.00 100.00 Courtesy of http://www.morningstar.com.au/stocks/upcomingdividends
WHATS HOT? WHATS NOT? HUB.asx - steaming hot DCL.asx - cooling down DATE CODE COMPANY ANNOUNCEMENT HUB24 experiences growth in Funds under Administration ( FUA ) and is seeing net inflows on its platform. The company recently signed seventeen new distribution agreements and added an additional 31 advisors to the platform. HUB posted its first NPBT during the quarter ended 30 September 2016. HUB has gained 25 per cent year-to-date and over 70% in the past 12 months. DomaCom offers retail investors access to the property focused DomaCom Fund via an online crowdfunding investment platform. Wise-owl flagged significant hurdles prior to listing as we believe that the valuation incorporates a significant degree of FUM growth, while a high degree of unallocated free float is likely impacting post listing performance. DCL has lost over 60 per cent since floating on 4 November.
ECONOMIC NEWS What to look out for: DATE CODE COMPANY Reserve Bank of Australia (RBA) Assistant Governor Guy Debelle is to speak this evening. U.S. housing data to be published overnight
LATEST UPDATE FROM WISE-OWL Beach Energy Limited (BPT) Growth Portfolio: CODE COMPANY Beach Energy Limited (BPT) ANNOUNCEMENT Beach Energy Group ("Beach Energy", "the Company"), is an Australian oil and gas company focused on the Cooper/Eromanga basin. During FY16 Beach Energy produced 9.7M barrels of oil equivalent, with 53% being oil and 47% gas and gas liquids. The Company recently completed the merger with Drillsearch Energy Limited, which is now operating as a fully owned subsidiary of Beach Energy, and divested assets in Egypt and Queensland. Beach Energy offers transitional exposure to the domestic oil and gas market. The Company has a strong balance sheet with surplus cash and access to additional capital. Generating free cashflow at the lower end of the commodity cycle, Beach Energy is well positioned to benefit from any cyclical recovery in the oil and gas market which may allow for higher dividend distributions. However commodity price volatility, lumpy earnings and integration risks are primary hurdles. Beach Energy is sensitive to price movements but we believe the valuation is compelling and the risk to reward ratio favourable. We initiate coverage with a 'buy' recommendation. ASX:BPT Buy Last Price: $0.81 Target: $1.20 Stop: $0.65 Outlook: 12m+ Click here to view full report
OUR VIEWS AT A GLANCE Find below a summary of Wise-owl s current market views CODE COMPANY ANNOUNCEMENT We continue to focus on small-mid cap stocks There are individual opportunities on the ASX 200 We have recently decided to reduce exposure to the gold sector We believe there are long-term opportunities in the oil & gas sector We see little upside for US stocks in the medium-term
A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY ANNOUNCEMENT Wise-owl.com Discovering the Bluechips of Tomorrow www.wise-owl.com 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: 1300 306 308 Phone (Int.): +61 2 8031 9700 Fax: 1300 304 306 Post: Suite 4.02 Level 4,139 Macquarie St, Sydney, 2000 Email: info@wise-owl.com Follow us on Twitter Like us on Facebook Linkedin Add me on Linkedin: https://au.linkedin.com/in/herrmannsimon
LICENSE & DISCLAIMER Disclaimer DATE CODE COMPANY ANNOUNCEMENT This report was produced by wise-owl.com Pty Ltd (ACN 097 446 369), which is an Australian financial services licensee (Licence no. 246670). Wiseowl may have an investment banking or other commercial relationship with the issuer of any security or financial product in which you have an interest by acting in various roles including as underwriter, dealer, holder of principal positions, banker, broker, lender, adviser or researcher. Wiseowl may receive fees, commissions or other remuneration from such activities. Wise-owl.com Pty Ltd has made every effort to ensure that the information and material contained in this report is accurate and correct and has been obtained from reliable sources. However, no representation is made about the accuracy or completeness of the information and material and it should not be relied upon as a substitute for the exercise of independent judgment. Except to the extent required by law, wise-owl.com Pty Ltd does not accept any liability, including negligence, for any loss or damage arising from the use of, or reliance on, the material contained in this report. This report is for information purposes only and is not intended as an offer or solicitation with respect to the sale or purchase of any securities. The securities recommended by wise-owl.com carry no guarantee with respect to return of capital or the market value of those securities. There are general risks associated with any investment in securities. Investors should be aware that these risks might result in loss of income and capital invested. Neither wise-owl.com nor any of its associates guarantees the repayment of capital. WARNING: This report is intended to provide general financial product advice only. It has been prepared without having regard ed to or taking into account any particular investor s objectives, financial situation and/or needs. All investors should therefore consider the appropriateness of the advice, in light of their own objectives, financial situation and/or needs, before acting on the advice. Where applicable, investors should obtain a copy of and consider the product disclosure statement for that product (if any) before making any decision. DISCLOSURE: Wise-owl.com Pty Ltd and/or its directors, associates, employees or representatives may not effect a transaction upon its or their own account in the investments referred to in this report or any related investment until the expiry of 24 hours after the report has been published. Additionally, wise-owl.com Pty Ltd may have, within the previous twelve months, provided advice or financial services to the companies mentioned in this report.