US Earnings Review 2021

Posted on | by Leon Hinde

Investors will be anxious to see whether upcoming quarterly reports and outlooks from U.S. companies validate expectations for a strong 2021 & 2022 rebound in S&P 500 earnings.

U.S. banks begin reporting fourth-quarter results tomorrow and headlines could show profits plunged by as much as 40% from the same time last year.

The 40% growth priced into equities from 2020 to 2022 seems overly optimistic, especially if bank profits from trading and investing activities begin to taper off.

Ansell – Algo Buy

Posted on | by Leon Hinde

Ansell is under Algo Engine buy conditions and we see support building within the $33 – $36 level.

ANN goes ex-div $0.33 on 24 Feb.

Subscribers to our Options Pro service should look at buying the Feb $34.50 calls as a leveraged exposure. For more detail on our strategy, please call 1300 614 002.

Link – Algo Buy

Posted on | by Leon Hinde

Link Administration Holdings is now under Algo Engine buy conditions.

Link Administration Holdings Limited (ASX: LNK) (Link Group) refers to its announcement dated 7 December 2020 advising that it had received a conditional, non-binding indicative proposal from SS&C Technology Holdings (SS&C) to acquire 100% of the shares in Link Group
(SS&C Proposal).

On 3 January 2021, Link Group received a letter from SS&C stating it has withdrawn its SS&C
Proposal.

The Link Group Board will continue to consider all alternatives to maximise value for shareholders. As previously announced, this includes a potential separation by way of demerger of Link Group’s interest in Torrens Group Holdings (TGH) (and its core asset, PEXA).

Link Group will also explore a trade sale of its interest in TGH from 18 January 2021.