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Reporting Season: Nanosonics Ltd (NAN.ASX)

Overall, NAN missed expectations, with the weakness in earnings attributed to a low Q4 growth (driven by reduction in range of healthcare procedures and limited hospital access due to COVID-19).R&D expenses also significantly increased (by...

Reporting Season: Sandfire Resources Ltd (SFR.ASX)

Maqro Research Team CoverageOverall, SFR’s results were broadly in-line with expectations, with a downgrade to FY21’s production already known beforehand from its Q4 report released a month ago. The key highlight is the higher than...

The Race to Develop a Vaccine

Before a vaccine can reach the human trials stage, there are several prior phases that must be approved. Phase 1 involves safety tests to control the correct dosage amount, side effects that exist and confirmation...

The Race to Develop a Vaccine: Who’s Winning?

Before a vaccine can reach the human trials stage, there are several prior phases that must be approved. Phase 1 involves safety tests to control the correct dosage amount, side effects that exist and...

Reporting Season: Fortescue Metals Group Ltd (FMG.ASX)

Overall, FMG beat expectations, with its dividend being the highlight of the report (significantly higher than expectations, with a payout ratio of 77%). Its outlook is neutral/slightly bearish, with production numbers not expected to change...

Reporting Season: Wesfarmers Ltd (WES.ASX)

Overall, WES beat expectations, with dividend coming in significantly higher than expected as they are paying a $0.77 final dividend along with a $0.18 special dividend from the sale of its 10% interest in Coles...

Reporting Season: South32 Limited (S32.ASX)

Overall, S32’s results were fairly in-line with guidance, with a better than expected EBITDA and DPS. A fully franked dividend of US 1 cent per share will be paid on 8 October 2020. For its...

Bapcor Limited (BAP.ASX) Summary

Brief info on company:Provider of automotive parts and services.40% earnings generated from trade segment, 20% from retail/services segment and 34% from specialist wholesale segment.Market expectation for FY20 results:Overall markets are expecting revenue to rise by...

Megaport Limited (MP1.ASX) Summary

Brief info on company:Data centre providers (similar to NEXTDC)44% earnings generated from the US, 20% from Europe and 36% from Asia Pacific.Market expectation for FY20 results:Overall markets are expecting revenue to rise by 66% and...