Skip to main content

Morning Bell 12 February

Jessica Amir
February 12, 2021

The ASX200 is eyeing a flat open.

Companies reporting results:

  • Mirvac Group (ASX:MGR) reported a 36% drop in attributed half-year profit to $351.5 million.
  • Arena REIT (ASX:ARF) reported its net profit rose 45%.
  • Baby Bunting (ASX:BBN) reported its net profit rose 55% in the year but didn’t give future guidance amid COVID-19 uncertainty.
  • Genworth Mortgage Insurance (ASX:GMA) results revealed an annual loss of $107.6 million and it declared it won’t pay a final dividend.

Yesterday’s top traded stocks:

  • Zip (ASX:Z1P), Rent.com.au (ASX:RNT), Renascor Resources (ASX:RNU) and Fortescue Metals (ASX:FMG).

Local trading ideas:

  • GrainCorp Ltd (ASX:GNC) was upgraded by Bell Potter following its better than expected trading update.
  • AMP (ASX:AMP) was upgraded to a Bell Potter buy with a $2.25 price target.
  • VRX Silica (ASX:VRX), Whispir (ASX:WSP) and Kathmandu Holdings (ASX:KMD) are giving off bullish charting signals according to Trading Central.

The SMSF trust deed – video

Bell Direct
May 28, 2018

Setting up your SMSF – video

Bell Direct
May 28, 2018

Equity Investor 21 May

Julia Lee
May 22, 2018

Equity Investor

Julia Lee
May 16, 2018

Market Update

Julia Lee
May 10, 2018

Equity Investor 7 May

Julia Lee
May 8, 2018

Market Update

Julia Lee
April 26, 2018

Market Update

Julia Lee
April 26, 2018

Equity Investor 23 April 2018

Bell Direct
April 24, 2018