Equity Research Coverage Reports

Austin Exploration Limited (ASX: AKK) - Oil & Gas - Eagleford & Colorado
Thursday, July 3, 2014
AKK has economic interests in four oil and gas projects in the USA, with net acreage of 15,135. The two key projects are the (i) Birch Eagle Ford Project, which is a 5,000 acre tenement located in Burleson County, Texas that has capacity for 64 wells; and (ii) Pathfinder Project, which is an 11,560 acre tenement
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US Masters Residential Property - (ASX: URF) - Healthy Cash Position - Low Gearing - Valuation Revision
Wednesday, March 19, 2014
The Fund has posted a maiden profit for 2013 of $53.5M. The profit was significantly boosted by the weakening AUD. Profit prior to foreign currency adjustments was $8.2M, up from the 2012 loss of $1.5M. Investment property income was up 144.9%
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Jumbo Interactive Ltd - ASX: JIN - Online reseller of lottery tickets
Monday, March 17, 2014
JIN reported an interim net profit of $1.8M, down 28% on the prior corresponding period. After adjusting for international expansion costs in both periods, the underlying 1H’14 net profit of $2.9M was circa 8.5% below 1H’13.
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Suda Limited - (ASX: SUD) - Delivering Drugs through Oral Sprays - Transaction focus in 2014
Tuesday, February 18, 2014
SUD is a drug delivery company focusing on reformulating existing drugs into an oral spray for delivery through the oral mucosa. The company currently has a number of drugs under development including an oral spray for the treatment of malaria in children and oral sprays for migraine, erectile dysfunction, chemotherapy-induced nausea, pulminary arterial hypertension and pre-procedural anxiety
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Codan Limited (ASX: CDA) - Offer of Niche Group of Technology Products -
Monday, February 3, 2014
FY15 proved to be a stabilising year after the poor FY14 results. Revenue was up 8.8% with net profit up 34.9%. The increased profit was largely a result of improved gross profit margin, which increased to 54.5% from 48.7% in FY14. The gross profit margin improved due to the sale of higher margin products.
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