18 Aug 2021
Why Dean is ‘cynical’ when it comes to rosy outlook statements on ausbiz
Dean Fergie from Cyan Investment Management runs us through his current reporting season watchlist, including Breville (BRG) , JB Hi-Fi (JBH), Domain (DHG) and Carsales (CAR.) Dean mulls over the lack of clear guidance coming from many companies, and whether it will give investors pause for thought. He explains why he’s cautious when companies – such as Carsales – tell investors results will be weighted to the second half. There’s excitement in plenty of Aussie market commentary right now that reporting season will be the catalyst for successive all time highs for the index to the 8,000 level, hear why Dean doesn’t think reporting season will be the catalyst to kick the market higher.