GUIDE TO ORD MINNETT RECOMMENDATIONS
Our recommendations are based on the total return of a stock – nominal dividend yield plus capital appreciation – and have a 12-month time horizon.
We expect the stock’s total return (nominal yield plus capital appreciation) to exceed 20% over 12 months. The investment may have a strong capital appreciation but also has high degree of risk and there is a significant risk of capital loss.
The stock’s total return (nominal dividend yield plus capital appreciation) is expected to exceed 15% over the next 12 months.
We expect a total return of between 5% and 15%. Investors should consider adding to holdings or taking a position in the stock on share price weakness.
We expect the stock to return between 0% and 5%, and believe the stock is fairly priced.
We expect the stock's return to be between 0% and negative 15%. Investors should consider decreasing their holdings.
We expect the total return to lose 15% or more.
Classified as Lower, Medium or Higher, the risk assessment denotes the relative assessment of an individual stock’s risk based on an appraisal of its disclosed financial information, historic volatility of its share price, nature of its operations and other relevant quantitative and qualitative criteria. Risk is assessed by comparison with other Australian stocks, not across other asset classes such as Cash or Fixed Interest.
OML's ability to deliver quality investment advice on the securities that we cover.