Survey Update: Australia | Asia Pacific

Research evidence excerpt

Survey Update: Australia | Asia Pacific

ry positive surprise, na=no view) - Slight positive surprise

Relative to YOUR current earnings forecast, is there relatively greater risk at the next earnings result of: Rate on a scale of 1-5 (1=big downside skew risk

to earnings, 2=slight downside skew risk to earnings, 3=equal upside or downside risk to earnings, 4=slight upside skew risk to earnings, 5=big upside skew

risk to earnings, na=no view) - Slight upside skew risk to earnings

What is the probability of the firm announcing a new stock buyback program over the next six months? Rate on a scale of 1-5 (1=very unlikely, 2=unlikely,

3=possible, 4=likely, 5=highly likely, na=no view) - Possibility

A1N.AX - Andrew McLeod

Is the industry structure facing the firm likely to improve or deteriorate over the next year? Rate of a scale of 1-5 (1=getting much worse, 2=getting slightly

worse, 3=no change, 4= getting slightly better, 5=getting much better, na=no view) - Getting slightly worse

Is the regulatory/government environment facing the firm likely to improve or deteriorate over the next year? Rate of a scale of 1-5 (1=getting much

tougher, 2=getting slightly worse, 3=no change, 4= getting slightly better, 5=getting much better, na=no view) - No Change

Are capex levels likely to significantly fall for this firm over the next year? Rate on a scale of 1-5 (1=very likely to increase, 2=likely to increase, 3=no

change, 4=likely to fall, 5=very likely to fall, na=no view) - No Change

How exposed are the earnings of the stock to a strong AUDUSD? Rate on a scale 1-5 (1=high AUDUSD very bad for earnings, 2=high AUDUSD bad for

earnings, 3=neutral, 4=high AUDUSD good for earnings, 5=high AUDUSD very good for earnings, na=no view) - Neutral