Atul Lele
Atul Lele
ahead business driven growth lending result
The result was ahead of our expectations. Business lending has driven growth and buoyed their earnings.
certainly earnings expect given guidance negative outlook
We certainly didn't expect such a bearish outlook and they haven't given any earnings guidance, which is a pretty negative sign.
anecdotal evidence market media relatively taiwanese
Anecdotal evidence also suggests that the Taiwanese media market is still relatively immature.
above generally good results
The results were generally good and above expectations.
australian compared fully investors looking market offshore peers seeing sentiment stock
I think offshore investors would be looking at the Australian telecommunications market and seeing a stock that is already fully priced compared to its international peers and has sentiment weighing on it, at least for the shorter term.
business funds given investment lending management offset slightly strong weakness
Funds management has been a standout, but is as expected, given the strong investment markets. Business lending is also strong and has slightly offset weakness in Westpac's home-lending segment.
available basically casinos changes completed control delays issue last
Basically this sub-concession will give them more control and it's important because it is the last available sub-concession. But the real issue for us is when their two casinos are going to be completed as there were some delays and changes to the development.
current feed mining momentum prices short
Momentum is on the mining companies' side, at least for the short term, as current commodities prices feed through to earnings.
benefits business certainly disposal favor high labor leverage oil price
We would certainly favor any disposal of Virgin Blue. They're still not getting many benefits because the oil price is high and the labor market's still restricting any real leverage of the business model.
bank dropping level offer prudence shows view
We view the dropping of the offer as positive. It shows Macquarie Bank is maintaining a level of prudence when bidding for assets.
deal good highlights looks media plans
It looks like a good deal and it highlights the international plans and opportunities that Macquarie Media has.
player powerful price toll
It's a very appropriate price for Patrick. Toll is going to become a very powerful player in the industry.
alter currency interest markets potential rate value volatility
The volatility of international equity, interest rate and currency markets has the potential to significantly alter the value of the funds' assets.
achieving certainly plans positive strategic terms toll
It's certainly a real positive for Toll in terms of achieving its strategic plans in transport.