Vijay Raj-LAVERNE INVESTING

LaVerne Capital is Financial Advisory Group and Specialize in Investment for HNW Clients and Sop. Investors with Research Portfolio Const. for Advisors Clients.

[Vijay Raj-LAVERNE INVESTING @FinancialGuruji]

Viva Energy Group Ltd (VEA) was up +5.1%, after the Company said it now expects to record underlying group EBITDA of $390-410m in the first half versus $269.3m in pcp.#ausbiz #laverneinvesting #asxupdates

[Vijay Raj-LAVERNE INVESTING @FinancialGuruji]

WTI oil gained +1.6% and is trading at US$76.36 a barrel, after OPEC+ abandoned its meeting without a deal, tipping the cartel into crisis and leaving the oil market facing tight supplies and rising prices. Iron ore price is at US$214.25 per ton. Spot gold at US$1,792 per oz.

[Vijay Raj-LAVERNE INVESTING @FinancialGuruji]

The S&P/ASX 200 is up +0.31%, led by gains in Industrials (+5.40%) and Utilities (+1.35%), partially offset by declines in Communication Services (-0.77%) and Consumer Discretionary (-0.46%) stocks.

[Vijay Raj-LAVERNE INVESTING @FinancialGuruji]

The S&P/ASX 200 is down -0.47%, led by declines in Consumer Discretionary (-0.94%) and Consumer Staples (-0.93%) stocks, with Utilities (+0.38%) and Materials (+0.09%) being the only sectors in the green.
#Ausbiz #LaverneInvesting #ASX

[Vijay Raj-LAVERNE INVESTING @FinancialGuruji]

AGL Energy Ltd (AGL) slumped -10.0%, after announcing it aims to
complete work to split off its coal-fired power plants into a separate unit within 12 months.

[NSW Health @NSWHealth]

NSW recorded 22 new locally acquired cases of #COVID19 in the 24 hours to 8pm last night, all of which are linked to previously confirmed cases.

[City of Sydney @cityofsydney]

When everything feels a bit uncertain & we're stuck indoors, Sydney weather puts on a show you can watch from your window (or catch while you exercise). Double rainbows yesterday & heavy fog today 🌈🌈☁️🌫 Keep your chin up Sydneysiders.

Photos by glanzpunkt + Matt Barry Images

[Vijay Raj-LAVERNE INVESTING @FinancialGuruji]

Nuix Ltd (NXL)has slumped -11.4%, after announcing ASIC is conducting an investigation in relation to NXL’s former CFO, Stephen Doyle, RossDoyle and Ronald Doyle, and ASIC’s Financial Reporting and Audit EnforcementTeam has commenced a separate investigation into the affairs NXL.

[Vijay Raj-LAVERNE INVESTING @FinancialGuruji]

Global oil prices were higher on Wednesday. Prices were
supported by the latest decision by OPEC+ producers to show restraint in easing production curbs. Brent crude rose by US$1.10 or 1.6% to US$71.35 a barrel. And the US Nymex price rose by US$1.11 or 1.6% to US$68.83 a barrel.

[Vijay Raj-LAVERNE INVESTING @FinancialGuruji]

The Government's Economic and Fiscal Strategy will secure the economic recovery by supporting strong and sustainable private sector-led growth and job creation to drive the unemployment rate down to pre-crisis levels or lower.
#Australia #Budget2021 #economy

[Rudi Filapek-Vandyck @Filapek]

It appears today's FY21 report by Xero $XRO contains large beat on subs growth but also increased spending which implies market consensus for FY22 might have to be cut by some -20% #ausbiz #XJO #equities #stockstowatch #investing

[Laura Chung @Laura_R_Chung]

Former Australian cricketer Stuart MacGill was allegedly kidnapped from Sydney’s lower north shore and threatened with a gun during an hour-long ordeal earlier this year. https://t.co/E7hG4GYwJ2

[Rudi Filapek-Vandyck @Filapek]

Observed: The four-week rolling I/B/E/S Australian net earnings is positive, indicating more positive revisions than negative revisions. Anecdotally, makes a lot of sense with Seek $SEK providing 3rd upgrade for FY21 and with Amcor $AMC today equally upgrading FY21 guidance #XJO

[CNN @CNN]

The divorce of Bill and Melinda Gates has sent shockwaves though China, where the Microsoft co-founder has achieved a level of fame unlike almost any other Western entrepreneur. https://t.co/KJYFOuvBRS

[Michael Slater @mj_slats]

And for those who think this is a money exercise. Well forget it. This is what I do for a living and I have not made a penny having left early. So please stop the abuse and think of the thousands dying in India each day. It's called empathy. If only our government had some!

[Michael Slater @mj_slats]

If our Government cared for the safety of Aussies they would allow us to get home. It's a disgrace!! Blood on your hands PM. How dare you treat us like this. How about you sort out quarantine system. I had government permission to work on the IPL but I now have government neglect

[Vijay Raj-LAVERNE INVESTING @FinancialGuruji]

The Australian govt. announced more than $539 million
in new funding for emissions-reductions projects.
The investment will be included in the annual
budget announced on May 11.
#ausbiz #AUgovt #Emissionsreduction #Budget2021

[Rudi Filapek-Vandyck @Filapek]

CLSA has reiterated its Buy rating for Transurban $TCL with price target moving to $16.98 from $16.84 #ausbiz #XJO #equities #investing #stockstowatch