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 [...]
In June 2022 Suncorp announced that they had come to an agreement to sell the Suncorp Bank to ANZ, with SUN conducting a $4-5 per share capital return to shareholders and become a pure play insurer. Atlas saw this as [...]
Dexus Industrial (DXI): the industrial REIT reported their full-year results for 2023 results which had few surprises, unlike CLW, which reported yesterday. The HNW Income Portfolio holds a 3.6% weight to DXI. Key Points: Profits up: Funds from operations up +2% [...]
This morning Suncorp (SUN), the Queensland based insurer and bank operator, delivered a strong result continuing its performance from the first half of the year. The HNW Portfolios have a 2.5% weight to SUN. Key Points: Record Profits: 2023 proved to [...]
Commonwealth Bank (CBA): reported their full-year results for the 2023 financial year, which were very solid, as expected. Due to the breadth of its lending activities touching every sector, CBA is watched very closely for a read on the broader [...]
Woodside (WDS), Australia's largest oil and gas company, announced yesterday morning that it had approved development of its Trion oil field 180km off the north-east coast of Mexico. The HNW Portfolios have a 7% weight to WDS. Key Points: Increased [...]
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In the spirit of reconciliation, HNW Nexus acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea, and community. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.
