Atul Lele Quotations

We're expecting even more weak data to come out of the U.S.. We're not excited about stocks that are linked to the U.S. demand cycle for at least the next three to six months.

The real factor for this stock remains the pricing environment. They and their Australian competitors are suffering, and some of the Japanese steelmakers are also affected.

There is a lot of cash around at the moment, and established infrastructure with stable cash flows is an appealing investment.

Momentum is on the mining companies' side, at least for the short term, as current commodities prices feed through to earnings.

Basically this sub-concession will give them more control and it's important because it is the last available sub-concession. But the real issue for us is when their two casinos are going to be completed as there were some delays and changes to the development.

Funds management has been a standout, but is as expected, given the strong investment markets. Business lending is also strong and has slightly offset weakness in Westpac's home-lending segment.

Patrick shares are going to be up near A$8 because that is what the market was looking for before it was blocked. When it got shot down by the regulator everyone was disappointed, but upwards of A$8 is what is needed.

That can lead to oversupply from six months to 12 months on. But in the next six months, the momentum for aluminum is very strong and prices will rise.

I think offshore investors would be looking at the Australian telecommunications market and seeing a stock that is already fully priced compared to its international peers and has sentiment weighing on it, at least for the shorter term.

We are concerned about the Australian market this financial year and the U.S. market in the next financial year.

There is medium- and longer-term value in there for the government so they would be smarter holding onto it and placing it in the Future Fund if they didn't need the funds immediately.

We view the dropping of the offer as positive. It shows Macquarie Bank is maintaining a level of prudence when bidding for assets.

We would certainly favor any disposal of Virgin Blue. They're still not getting many benefits because the oil price is high and the labor market's still restricting any real leverage of the business model.

We certainly didn't expect such a bearish outlook and they haven't given any earnings guidance, which is a pretty negative sign.

Anecdotal evidence also suggests that the Taiwanese media market is still relatively immature.

The result was ahead of our expectations. Business lending has driven growth and buoyed their earnings.

The results were generally good and above expectations.

A lot of people will view it as being high costs this period, but you'll get the increase in revenue to offset it.

It's a very appropriate price for Patrick. Toll is going to become a very powerful player in the industry.

It looks like a good deal and it highlights the international plans and opportunities that Macquarie Media has.

It's certainly a real positive for Toll in terms of achieving its strategic plans in transport.

It's an excellent outcome for Toll even though they had to make a significant number of concessions.

The volatility of international equity, interest rate and currency markets has the potential to significantly alter the value of the funds' assets.

Around A$800 million would be a good price to achieve for Myer, given its recent disappointing sales data and the expectation that margins have also been squeezed.

Their earnings are more defensive than much of the discretionary retail sector and they manage it better. It's helping them in this period and will keep helping them in the future.

The cost of the expansion is higher than we expected, but diamond prices and demand have been buoyant, which means the project will meet returns targets.

In the mining sector, we do see consolidation going ahead. Some of the zinc producers, given the supply and dynamics may look attractive.

For Patrick, it's great for shareholders because it should see them garner a higher price.

This has put a significant dent in Toll's expansion and growth plans. This has put an end to the bidding process for the time being.