by Warren Head | Feb 7, 2023 | Broker Comment
7.2.23 Air New Zealand got the thumbs up from Jarden today, analyst Andrew Steele expecting the airline’s strong price bubble to run on for a few months, and locking in its first div since Covid, plus the possibility of a special div. AIR was upgraded to Overweight....
by Warren Head | Jan 16, 2023 | Broker Comment, Latest News
16.1.23 Shares in The Warehouse Group have been downgraded by a leading brokerage following softer sales during the summer season up to Christmas. Sales momentum turned meaningfully negative over the holiday period with group sales falling -5.5% vs pcp through to 26...
by Warren Head | Dec 12, 2022 | Broker Comment
12.12.22 A cautious trading outlook and higher level of uncertainty regarding the year end result by apple exporter Scales Corporation has led to a downgrade from sharebroker Jarden & Co. The uncertainty is due to the unprecedented delay in finalising the apple...
by Warren Head | Nov 29, 2022 | Broker Comment
29.11.22 Woodside Energy’s upcoming Investor Briefing (1.12.22) is expected to provide a lot of information including on its expanded portfolio. Jarden analyst Nik Burns notes “We expect a lot of focus on growth priorities within the expanded portfolio, portfolio...
by Warren Head | Nov 29, 2022 | Broker Comment
29.11.22 Kiwi Property Group’s stronger-than-expected 1H result with AFFO $65.2m has led to Jarden’s Arie Dekker reiterating an Overweight rating on the stock. Jarden had an earlier estimate of $56.0m. Yesterday, Kiwi Property reported net rental income rose 6.3% to a...
by Warren Head | Sep 2, 2022 | Broker Comment
Highbrook - 2.9.22 Listed property forms a very strong part of the NZX listed universe and investors likely see the segment as defensive in times of turmoil. Some new analysis on the segment has emerged from sharebrokers Jarden this week. The firm has launched Jarden...