David is joined on the Morning Mail today by Head of Research Paul Ryan.
Earlier in the week, Asciano Ltd announced the appointment of former Global CEO of DHL Express John Mullen as MD & CEO, replacing Mark Rowsthorn. Paul discusses what the appointment could signal for the Company. We update valuation and our recommendation for the company.
We launched research coverage on QR National Ltd last week (full research report is available from your adviser). The company announced a voluntary redundancy program yesterday, which was one of the initiatives that Paul outlined in his research report. We discuss the significance of the announcement and the feedback Paul has received from clients since initiating coverage.
Important Notice: Evans and Partners acted as co-manager in the initial public offering of QR National Ltd.
