SMART INVESTMENT TAKES TIME

   

Edition 6 - July 2007

 

 

In this issue ... click on the links to read the full story or download the printer-friendly version


QBE Insurance Group

Buy Target: A$33.50
1H07: 40% NPATg & more to come Read On


Westpac Banking Corporation


Buy Target: A$30.00
Gail Kelly new CEO – Upgrade to Best Buy Read On


Lend Lease Corp


Lend Lease Corp (LLC) reported 2007 net profit after tax of $497.5m. Adjusted profit (excluding revaluations and ATO settlement interest) was $413.7m, above our $401m forecast. Read On


Commonwealth Bank


The Commonwealth Bank of Australia (CBA) reported 2007 cash earnings of $4,604m, 1.3% ahead of Macquarie Research's forecast and 2.3% above consensus. Read On

 


Young Workers not just a new generation but another life form


Baby boomers and Generation X need a guide to their spoilt Gen Y colleagues Read On

 

 

 

 

 

 

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  Quantum Contacts

Peter Gribble
(02) 9262 4443
peterg@quantumgroup.com.au

Shellee Parker
(02) 8823 5212
shelleep@quantumgroup.com.au

Vincent Lai
(02) 8823 5257
vincentl@quantumgroup.com.au

David Hodge
(02) 8823 5255
davidh@quantumgroup.com.au

 

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 Monthly Markets

AUS/USA      
  Open Close Change
S&P/ASX 200 6120.70 6144.20 23.5
S&P/ASX 300 6132.30 6127.90 -4.4
All Ordinaries 13360.66 13211.99 -148.67
DJIA 4451.04 4411.86 -39.18
NASDAQ-100 1992.53 1932.06 -60.47

 

 

 

If there is any advice in this email , it is general advice only. It does not take into account investors' objectives , financial situation or needs. Before acting on this general advice , investors should obtain independent advice before making any financial investment decision. If any financial product is mentioned , investors should consider the Product Disclosure Statement (PDS) for that product (if any). Copies of the PDS may be obtained free of charge from Quantum. Any advice has been prepared by Quantum Securities Pty Limited AFSL 237319

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