Tag: ASX:ANN

Ansell is under Algo Engine buy conditions and we see support building within the $35 – $38 level.

Ansell is under Algo Engine buy conditions and we see support building within the $35 – $38 level.

Ansell is under Algo Engine buy conditions and we see support building within the $35 – $38 level.

Ansell is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.

ANN has upgraded its FY21 EPS guidance to US$1.35‐ US$1.45, implying 10%+ growth on the prior year.

Accumulate Ansell within the support range indicated on the below chart.

We suggest running a covered call strategy to enhance the income return. For more detail, please call our office on 1300 614 002.

Ansell is under Algo Engine buy conditions and is a current holding in our ASX 100 model.

FY20 earnings showed revenue up 8% to US$1.64bn, and EBIT up 4% to US$220m. The company upgraded FY21 guidance for 8% underlying EPS growth.

ANN should continue to see strong top line growth and we recommend investors add to the position on the next Algo Engine buy signal.

Forward dividend yield is 2.2%.

Ansellis a current holding in our ASX 100 model portfolio and we continue to see value as a “buy-write” strategy.

ANN goes ex-div $0.26 on the 16th of Feb.  We suggest adding a $24 strike May call option. This will generate an additional $0.70 per share of income.

ANN reports half year 2019 profit on the 18th of Feb.

Our Algo Engine has triggered a buy signal in Ansell.  And with the share price finding support at $22.50, we recommend accumulating the stock.

Technically, the share price looks to be carving out a “double bottom” pattern dating back to September of last year at $22.10.

Our upside target is $24.50, at which time investors can consider either taking profit or selling slightly out of the money call options to enhance the income.

ANN goes ex div $0.30 in Feb 2019.

Ansell