The Week that Was: November 28-December 2, 2022

By Staff Writers | More Articles by Staff Writers

We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so, here it is in one handy location. Just click on the headline and you’ll be taken straight to the story.

 

Monday 28 November, 2022

BluGlass (ASX: BLG) Demonstrates Feasible Reliability of Laser Diodes (video)

BluGlass Limited President Jim Haden sits down with FNN’s Tim McGowen to discuss achieving a key reliability milestone for the company’s laser diodes.

Immutep (ASX: IMM) – A Transformative Year for LAG-3 Therapies (video)

Immutep CEO Marc Voigt discusses the LAG-3 landscape, the company’s portfolio of therapies, encouraging data from the 2022 SITC conference and the outlook for 2023.

 

Tuesday 29 November, 2022

Brambles Does a Spot of De-Risking in China

Global logistics giant Brambles has moved to slash its exposure to the huge Chinese economy by agreeing to sell its CHEP China business to an arm of Loscam Group.

Sales Drop a Win-Lose Situation for Retailers

The RBA got what it wanted, as the ABS reported a 0.2% dip in retail sales for October – the first such fall this year, after much resilience in the face of rising rates.

Little Beauty Left in BWX Imbroglio

Melbourne-based beauty products group BWX has once again failed to live up to its own promises to produce its audited accounts for inspection by the end of November.

Bank of Queensland Tells Top Banana to Split

Bank of Queensland shares fell more than 5% yesterday on news that it is looking for a new CEO after removing incumbent George Frazis from the position.

 

Wednesday 30 November, 2022

Impeccable Bill of Health for Fisher & Paykel

Shares in Fisher and Paykel Healthcare leapt 14% yesterday after the company produced a forecast for a second half improvement on what was a solid first six-months.

Operational Snags Drag on Woodside

Woodside Energy shares were weaker Tuesday after the company lowered production guidance for 2023, thanks mainly to a number of operational problems.

What is America Reflecting on this Thanksgiving?

Fidelity’s Tom Stevenson reminisces on a Thanksgiving to forget and ruminates over the ambivalent blessings of 2022, a similarly forgettable year for investors.

Three Resilient Stocks with Pricing Power

Perpetual’s team of analysts name three resilient stocks they think will likely withstand changes in the market environment such as recession or prolonged inflation.

Apple Eyeing China Flashpoint with Added Interest

One company extremely interested in how the current situation in China plays out is Apple, with the fate of its sales in its most profitable quarter very much in the balance.

Collins Foods Not So Fast for the Moment

The boom in fast food sales has faded as the lockdowns have vanished, with the fall in consumer spending hurting Tuesday’s interim report from Collins Foods.

 

Thursday 1 December, 2022

AUSTRAC Not Quite Done with Star Just Yet

Investors did their best to ignore news yesterday that Star Entertainment is being sued by financial regulator AUSTRAC over claimed breaches of money laundering laws.

Boom, Bust and Disruption in the Furniture Industry

Platinum’s James Halse and Tom Tao explore some of the dynamics currently at play in the US furniture market and discuss an interesting business model in more detail.

Market Taken In by Temple & Webster Turnaround

Investors surprised yesterday by lapping up what was a mixed trading update from online retailer Temple & Webster, sending the shares more than 18% higher at one stage.

Why the Cloud Investment Opportunity Will Outlast an Economic Downturn

Magellan’s Adrian Lu explains why the global shift to cloud computing is a seismic and transformational trend that his firm has been backing for several years now.

Rio Spending Big to Cut Out the Carbs

Rio Tinto will spend upwards of $A900m expanding existing plans for cutting carbon emissions from its Pilbara iron ore operations as part of an $A11.5bn global program.

CPI Re-Weighting Helps Take the Pressure Down

Inflation seemed to moderate slowly in October while new building approvals slid sharply for the same month, according to data from the ABS yesterday.

Rural Funds Group (ASX: RFF) FY22 Financial Results Summary (video)

James Powell, the General Manager – Investor Relations, Corporate Affairs and Sustainability of the Rural Funds Group Limited (ASX:RFF), presents on the group’s FY22 financial results.

NOVONIX (ASX: NVX): Meeting the demand for US anode and cathode battery materials (video)

NOVONIX Limited (ASX:NVX) CEO Dr Chris Burns and Corporate Connect Research analyst Di Brookman discuss the company’s positioning and target price.

 

Friday 2 December, 2022

Cochlear Hears from the ACCC on Oticon Bid

The ACCC has raised what it calls “significant preliminary competition concerns” with Cochlear’s proposed $170 million acquisition of Oticon Medical.

COP27 – 10 Key Takeaways for Investors

JH’s Adrienn Sarandi highlights 10 takeaways and her thoughts around the key issues that were front of mind for those on the ground at the COP27 climate talks.

Slowing Economic Growth and Three Sectors Set to Benefit

What a year 2022 has been – as the year draws to a close and fears of a global recession continue to climb, many are wondering what 2023 might have in store.

Powell the Dove Gives Markets a Shove

Markets in Asia kicked sharply higher on Thursday after Fed chair Jay Powell appeared to finally hear their call for a pivot to a slower pace of monetary tightening.

Domino’s Chasing Bigger Slice of German Market

Domino’s Pizza put its shares into a trading halt on Thursday and is looking to raise $165 million to take full control of its German JV operations from a UK related company.

Plenty of Food For Thought Ahead of RBA Meeting

What will the RBA make of Thursday’s data ahead of its meeting next Tuesday, as house prices fell further last month and new private capex again eased in the September quarter?