Analysis of Brambles, Pinnacle Investment Management Group and Cleanaway Waste Management
Fund Manager Chris Pedersen discusses Brambles (ASX:BXB), Pinnacle Investment Management Group (ASX:PNI) and Cleanaway Waste Management (ASX:CWY).
Read MoreTag: CWY
Stocks of the Hour: Encounter Resources, Myer Holdings, Cleanaway Waste Management
A snapshot of the stocks on the move, featuring Encounter Resources (ASX:ENR), Myer Holdings (ASX:MYR) and Cleanaway Waste Management (ASX:CWY).
Read MoreUps and downs
A trio of updates from third-quarter trading companies ahead of their June 30 balance dates produced one good, one bad, and one okay.
Read MoreAnalysis of Sandfire Resources, Cleanaway Waste Management, South32 and copper
Fund Manager Chris Pedersen discusses Sandfire Resources, Cleanaway Waste Management, South32 and the outlook for copper.
Read MoreCWY – Credit Suisse rates the stock as Underperform
The target price falls to $2.30 from $2.60 and the Underperform rating is maintained.
Read MoreCWY – Morgans rates the stock as Hold
The target price falls to $2.79 from $2.87, while the Hold rating is maintained.
Read MoreCWY – Morgans rates the stock as Hold
The target price falls to $2.79 from $2.87, while the Hold rating is maintained.
Read MoreTide Refuses to Turn for Cleanaway
Cleanaway has been forced to reveal its second profit downgrade in six weeks thanks to a fire at its medical waste processing facility in Dandenong, Victoria.
Read MoreCWY – Credit Suisse rates the stock as Underperform
Credit Suisse downgrades to Underperform from Neutral and reduces the target to $2.60 from $2.80.
Read MoreConference Confessional for Inghams, Cleanaway
Tuesday was confession time at Macquarie’s investment conference in Sydney, with a couple of companies owning up to bad news – waste group Cleanaway and chicken company Inghams.
Read MoreCWY – Credit Suisse rates the stock as Neutral
Target price rises to $2.80 from $2.60. Neutral rating retained.
Read MoreCWY – Macquarie rates the stock as Outperform
The Outperform rating is retained and the target price increases to $3.70 from $3.20.
Read MoreCWY – Morgans rates the stock as Hold
The target price rises $2.75 from $2.53 and the Hold rating is maintained.
Read MoreLate Run of Green Lights at the ACCC
Was it clean-up day at the ACCC yesterday or a belated Black Friday sale, with three corporate deals given the green light after hanging round for a while?
Read MoreCWY – Credit Suisse rates the stock as Neutral
Credit Suisse has upgraded Cleanaway to Neutral from Underperform and increased the target to $2.60 from $2.40.
Read MoreCWY – Credit Suisse rates the stock as Downgrade to Underperform
The broker downgrades to Underperform from Neutral. Target is reduced to $2.40 from $2.50.
Read MoreCleanaway Goes for Number Two Option in Suez Deal
Cleanaway’s $2.5 billion bid to buy the Australian recycling assets of French group, Suez is dead but what about their Plan B – the acquisition of a number of Sydney-based Suez assets?
Read MoreCleanaway Given the French Kiss-Off for Suez
Suez and Veolia, the two warring French waste and other industrial groups, have kissed and made up, thereby killing off Cleanaway’s $A2.5 billion deal to buy Suez’s Australian waste assets.
Read MoreCWY – UBS rates the stock as Neutral
Cleanaway Waste has announced the potential acquisition of the Suez Groupe recycling & recovery business in Australia for $2.52bn. Neutral rating and $2.35 target retained.
Read MoreHe Suez, She Suez Games Begin in Cleanaway Deal
Cleanaway’s plans to buy the local assets of French waste giant Suez for $2.5 billion got messy within hours of the deal being confirmed to the ASX after a month of negotiations.
Read MoreSuez Deal May Get Messy for Cleanaway
Cleanaway has finally agreed to buy the Australian recycling assets of French group Suez for $2.52 billion – an offer that will entangle them in a bitter takeover battle for Suez’s French parent.
Read MoreCleanaway on Cusp of French Foray
Waste group Cleanaway is reported to be on the verge of a major acquisition – believed to be the Australian operations of French operator, Suez.
Read MoreCWY – Macquarie rates the stock as Outperform
Cleanaway Waste Management presented some key aspects of its Western Sydney energy from waste facility, expected to cost circa $700m and processing 500kt of waste. The facility will generate 55MW in power and reduce 390kpta of carbon emissions.
Read MoreCWY – Credit Suisse rates the stock as Upgrade to Outperform from Neutral
Reports of a board investigation into CEO Vik Bansal’s methods and the sale by the CEO of shares for the first time after five years with the company has triggered concerns, with the resultant shakedown in the share price, Credit Suisse observes.
Read MoreCWY – Morgans rates the stock as Upgrade to Add from Hold
The virus impact on Cleanaway Waste Management’s operations has largely netted out to flat, given falls in demand for collections in Commercial & Industrial, other than supermarkets, have been offset by increased residential collections. The company says it’s still on track to meet prior FY20 guidance but has withdrawn guidance nonetheless.
Read MoreGood News Shorts: Austal Builds On, Cleanaway Confirms Dividend
A rare bit of good news for investors about one stock at least – The Perth based shipbuilder and defence contractor, Austal says it has been told by the US Navy it is performing “mission essential functions” and been urged to keep making ships.
Read MoreCWY – Macquarie rates the stock as Outperform
Cleanaway Waste Management’s guidance to a flat first half is disappointing, Macquarie concedes, but not deserved of the subsequent -13% sell-off. The second half should see improvement thanks to price increases, cost reductions and hopefully, as the broker puts it, stable commodity prices.
Read MoreCWY – Citi rates the stock as Initiation of coverage with Buy
Citi initiates coverage on the Australian waste management sector, rating Cleanaway Waste Management a Buy with a $2.40 target.
Read MoreCleanaway Swoops On Victorian Recycler SKM
Cleanaway Waste Management has ‘cleaned’ up by agreeing to buy the collapsed Victorian recycling assets of SKM for $66 million.
Read MoreWeakness In Cleanaway Shares Is An Opportunity For Investors
We continue to highlight the strong fundamentals underpinning CWY. We also like the defensive nature of its earnings/cashflow, as well as the largely vertically-integrated business model and balance sheet capacity.
Read MoreCWY – Morgans rates the stock as Add
Morgans expects the company to deliver 8% growth in revenue and 15% growth in operating earnings (EBITDA) when the first half result is reported on February 14.
Read MoreThe Season of Sustainability Reports
The annual report season is quickly followed by the annual sustainability report season and this year there seem to be more sustainability reports than usual.
Read More
