2 Defensive Stocks – SCG And SKI

2 Defensive Stocks – SCG And SKI

Scentre Group (ASX: SCG)

Scentre Group (ASX: SCG) owns and operates a diversified set of shopping centers in Australia and New Zealand. The Company plans to invest in quality regional shopping centers and to invest in these assets through redevelopment, capitalizing on its vertically integrated operating platform to undertake development, design and construction, leasing, management and marketing of the centers. 

The group on the 29th of January 2019 announced that Mark Bloom would retire from his role at the Group’s AGM in April 2019 and henceforth Elliott Rusanow will be appointed Chief Financial Officer on Mark’s retirement. The company had also advised on the 21st of January that the AGM of Scentre Group Limited will be held at 10.00am Thursday 4 April 2019 at the Wesley Conference Centre, 220 Pitt Street Sydney NSW.

The Scentre Group stock is currently trading at a price of $3.93 and is trading down by 1.008% during the day’s trade, with a market capitalization of $21.11 million. The stock has yielded a Year till Date returns of 3.39% and posted returns of -6.59%, -0.25%, & 1.79% over the past six months, three months & one-month period respectively. It had a 52-week high price of $4.535 and touched 52 weeks low of $3.70, with an average volume of 10,964,997 approximately.

Spark Infrastructure group (ASX: SKI)

Spark Infrastructure Group (ASX: SKI) invests in utility infrastructure assets in Australia. The firm has got investments in the regulated utility infrastructure sectors across the globe. Spark Infrastructure Group is situated in Sydney.

Sponsored ad by Kalkine

The company as on the 4th January 2019, declared few critical dates for fiscal 2019. As per this, the company will declare the dividends for the Full year FY 2018 on the 26 February 2019, the record date for the same shall be 6 March 2019, and the payment date shall be 15 March 2019. The AGM shall be held as on the 24th May 2019.

The Australian Energy Regulator had on the 17th of December released the Rate of Return (ROR) Instrument and Final Report on the Review of Regulatory Tax Approach. The company’s regulated network businesses have the certainty of cash flows in the short term from their existing regulatory determinations. The next five-year regulatory determinations to which these changes will apply will be from 1 July 2020 for SA Power Networks, from 1 January 2021 for Victoria Power Networks, and from 1 July 2023 for TransGrid.

The Spark Infrastructure Group’s stock is currently trading at a price of $2.45 and is trading up by 1.66% during the day’s trade, with a market capitalization of ~$4.05 billion. The stock has yielded a Year Till Date returns of 11.06% and posted returns of 4.78% & 9.05% over the past six months & one-month period respectively. It had a 52-week high price of $2.50 and touched 52 weeks low of $2.125, with an average volume of 4,069,766 approximately.


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

Join Our Discussion

Start discussion with value Investors for ASX Stock Market Investment and Opinion.

6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report


Please enter your comment!
Please enter your name here