Atul Lele
Atul Lele
excellent number outcome though toll
It's an excellent outcome for Toll even though they had to make a significant number of concessions.
australian factor japanese pricing remains stock
The real factor for this stock remains the pricing environment. They and their Australian competitors are suffering, and some of the Japanese steelmakers are also affected.
appealing cash flows stable
There is a lot of cash around at the moment, and established infrastructure with stable cash flows is an appealing investment.
cycle data demand excited expecting linked next six stocks three weak
We're expecting even more weak data to come out of the U.S.. We're not excited about stocks that are linked to the U.S. demand cycle for at least the next three to six months.
fund funds future government holding onto placing smarter value
There is medium- and longer-term value in there for the government so they would be smarter holding onto it and placing it in the Future Fund if they didn't need the funds immediately.
australian concerned financial market next year
We are concerned about the Australian market this financial year and the U.S. market in the next financial year.
costs high increase offset people revenue view
A lot of people will view it as being high costs this period, but you'll get the increase in revenue to offset it.
looking market near shares shot upwards
Patrick shares are going to be up near A$8 because that is what the market was looking for before it was blocked. When it got shot down by the regulator everyone was disappointed, but upwards of A$8 is what is needed.
lead momentum months next prices six strong
That can lead to oversupply from six months to 12 months on. But in the next six months, the momentum for aluminum is very strong and prices will rise.
achieve data expectation given good margins million price recent sales
Around A$800 million would be a good price to achieve for Myer, given its recent disappointing sales data and the expectation that margins have also been squeezed.
defensive earnings helping manage period retail sector
Their earnings are more defensive than much of the discretionary retail sector and they manage it better. It's helping them in this period and will keep helping them in the future.
garner great higher
For Patrick, it's great for shareholders because it should see them garner a higher price.
cost demand diamond expansion higher means meet prices project returns
The cost of the expansion is higher than we expected, but diamond prices and demand have been buoyant, which means the project will meet returns targets.
dynamics given mining supply
In the mining sector, we do see consolidation going ahead. Some of the zinc producers, given the supply and dynamics may look attractive.