Guided Portfolios

Sonic Healthcare (SHL). This morning global pathology company SHL reported their full year of 2023 profit results, which came in below market expectations. These were an eagerly awaited set of results and the first to show a slowing down of PCR [...]

Yesterday morning Transurban Group (TCL), the Australian and North American toll road operator, delivered record results with strong growth in revenues, traffic levels and profits. It is amazing that in 2020 some "experts" were calling toll roads stranded assets, with [...]

Deterra Royalties (DRR): Australia's only iron ore royalty trust and the most boring miner on the ASX released their full year 2023. For DRR, there is minimal scope for surprises on results day as revenue and production data were pre-released, and the [...]

Region Group (RGN): This morning, shopping centre landlord RGN released their results for 2023, the company's results were largely inline with expectations, though revealed higher expense and higher interest costs. The Core Portfolio has a 2% weight to RGN, with the Income [...]

Charter Hall Retail REIT (CQR), the convenience retail real estate manager, posted strong earnings this morning, demonstrating the resilience of retail operators in Australia. The HNW Income has a 3.5% weight to CQR.   Strong Operating Earnings: Operating earnings increased [...]

CSL (CSL)  reported their full year 2023 profit results, which confirmed a range of our investment theses for owning the company and were better than expected; as discussed in June, the only negative was a stronger USD, which is a positive [...]

Lendlease (LLC), the multinational construction and asset management company, reported with mix results yesterday morning, with this being their second year of changing the business to an investment led company from a construction led company. The Core Portfolio has a [...]

Yesterday morning JB HI-FI (JBH), the local electronics and home appliance retailer provider, delivered a strong full year result despite what was thought to be a tough economic environment. The core and income Portfolios have a 3% weight to JBH. [...]

Arena REIT (ARF):  The listed childcare and medical centre owner reported their full year 2023 results which as always were consistent and steady. One of the key reasons we like ARF is the predictability of company earnings with 100% occupancy, [...]

QBE Insurance (QBE) The global insurer released its half-year 2023 profit results, giving details om the positive trends in insurance management and the tailwinds from higher interest rates discussed in the company’s earnings guidance given in July, so there were few [...]