APA Group Retail Short Fall Update
As part of the APA Group entitlement offering book runners launched the retail shortfall bookbuild today. We have covered the fundamentals of the...
162 Views
APA Group Rights Issue: EPS Dilution and Rich Valuation Despite Stable Business
APA Group, a major gas pipeline operator in Australia, is raising AUD500m in rights issue. Institutional book building is taking place today and...
231 Views
Global Equity Strategy: Overweight EM
Big-picture technicals offer a compelling outlook for equities -- in the long-run. Despite arguably stretched trends, especially in the U.S. and...
792 Views
APA Group Looks Overvalued After Its Recent Strong Share Price Rally
Narrow moat-rated APA Group's share price has recovered strongly, providing investors with another good opportunity to reduce exposure. While still...
325 Views
Valuations Stretched on ASX-Listed Corporate Hybrids
In November 2016 we stated a large proportion of redemptions would be reinvested in existing corporate issues to achieve some degree of sectoral...
819 Views