ASX to open flat; traders eye JB Hi-Fi and Origin results

So far, results have been better than expected as a handful of consumer-facing stocks, such as Nick Scali, exceeded expectations. Sydney-based fund manager Vertium Asset Management agreed results from the beginning of the February reporting season had performed a "bit better" than market expectations and some traders were forced into a radical reversal of their gloomy predictions for discretionary retail. "When looking at the beats versus misses, it looks like there has been more of the former," chief investment officer Jason Teh said. JB Hi-Fi is an "interesting" stock to watch, he said because the company's current valuation did not…