There Was Movement, page-9

	Column 1	Column 2
0	SE	Business
1	HD	MICHAEL HOLLAND Shaw and Partners
2	WC	390 words
3	PD	26 August 2018
4	SN	Herald-Sun
5	SC	HERSUN
6	ED	HeraldSun
7	PG	52
8	LA	English
9	CY	© 2018 News Limited. All rights reserved.
10	LP	MICHAEL HOLLAND Shaw and Partners BUY Bingo Industries (BIN) The outlook is positive with a structural shift from landfill to recycling. The Dial-A-Dump acquisition is earnings accretive and should have no major issues with the ACCC.
11	TD	$3.17 Axsesstoday (AXL) SME fintech specialising in equipment lending to hospitality and transport. Twice upgraded profit last financial year and has guided to 80 per cent growth this financial year. $2.40 HOLD Oil Search (OSH) World class asset base with potential large reserves from Alaskan exploration, but not cheap relative to peers. Prefer to use a catalyst as an opportunity to add. $8.94 Wesfarmers (WES) The combination of Coles’ momentum and Bunnings’ strength underpin recent price growth. Continues to divest lower quality assets, but stock isn’t cheap on 20 times earnings. $51.49 SELL Gateway Lifestyle (GTY) Management advising holders to accept Hometown’s bid of $2.25. Recent briefing would suggest any rival bid as a surprise so there is not likely to be much upside. $2.23 AMP Limited (AMP) Net cash outflows from wealth management business for the first time in 25 years and financial planner numbers down. It has ongoing compliance and governance issues. $3.39 SAM FIMIS Patersons Securities BUY Bannerman Resources (BMN) Uranium appears to be in a bull market, up 40 per cent. Bannerman has sound and experienced management and will benefit from this. 5.9c Seafarms Group (SFG) Its aquaculture operations in north Queensland produce quality farmed prawns. Funding is critical to achieve scale and the recent Nissui equity capital raising is a positive. 11c HOLD Woolworths (WOW) Management has done a great job of settling the business. Expectations are that growth will improve. Headwinds remain, but the business is in a better position to handle them. $28.80 Ansell (ANN) Share price is down 10 per cent since reporting a reasonable profit, although a little below expectations. Potential acquisitions could be the catalyst. $25.36 SELL Insurance Australia Group (IAG) Time to take advantage of exceptional share price growth of the past two years. Market expected better margins, guidance when it released its result. $7.60 Qantas Airways (QAN) Result was OK, but costs are increasing. The share price has doubled in the past two years. Opportunity to take some profits.$6.35