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...
210 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...
759 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...
298 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...
788 Views
Hybrids: Have We Recovered Since February?
Back in February 2016, trading margins of ASX-listed hybrid securities widened significantly. As a result, there were a number of attractive...
216 Views