Atul Lele
Atul Lele
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.
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.
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.
garner great higher
For Patrick, it's great for shareholders because it should see them garner a higher price.
achieving certainly plans positive strategic terms toll
It's certainly a real positive for Toll in terms of achieving its strategic plans in transport.
player powerful price toll
It's a very appropriate price for Patrick. Toll is going to become a very powerful player in the industry.
deal good highlights looks media plans
It looks like a good deal and it highlights the international plans and opportunities that Macquarie Media has.
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.
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.
dent expansion growth process time
This has put a significant dent in Toll's expansion and growth plans. This has put an end to the bidding process for the time being.
excellent number outcome though toll
It's an excellent outcome for Toll even though they had to make a significant number of concessions.
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.