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Stockland intends on-market securities buy-back
September 06, 2018 08:56 AM AEST| By Team Kalkine MediaProperty developer Stockland has today announced the intention to buy back up to $350 million of its securities, on-market. The buy-back is scheduled for commencement on 21 September 2018 which is reported to be in place for about 24 months. Stockla...
Transurban Group completes $3 billion institutional bookbuild
September 05, 2018 05:16 AM AEST| By Team Kalkine MediaIn morning trade today Transurban Group?s share price drifted lower despite announcing successful completion of institutional bookbuild. This morning i.e. 5 September 2018, Transurban Group announced the completion of institutional component resulti...
Capilano’s ‘Pure Honey’ accused to be fake
September 04, 2018 12:52 PM AEST| By Team Kalkine MediaAustralia?s biggest honey producer Capilano Honey Limited (ASX: CZZ) gains traction after getting accused of selling fake honey. Recently conducted honey purity tests revealed that the Capilano?s honey which is claimed to be 100% pure is mixed with s...
Mirvac’s stock surged on new office acquisition in Melbourne
September 04, 2018 09:02 AM AEST| By Team Kalkine MediaMirvac Group climbed high on ASX as the company gets hold of future office development asset in Melbourne, VIC for $122 million. This deal represents 5.7% of initial yield. In the statement released today Mirvac group revealed the acquisition of sev...
New Chinese e-commerce law says hello to A2M
September 03, 2018 09:03 AM AEST| By Team Kalkine MediaThe A2 Milk company (ASX:A2M) today released the statement on new e-commerce law introduced by Chinese government. Late on 31 August 2018, the legislative body of the Government of China passed new e-commerce law in China, effective from 1 January 20...
Freedom Food’s stock soar on higher profit
September 03, 2018 04:07 AM AEST| By Team Kalkine MediaFreedom Food?s FY18 statutory net profit increased 68.7% to $12.7 million on the launch of 70 new product formats including A2 protein milk variants. Annual net sales increased to $353 million, up 34.5% on FY17, in which dairy segment has been the pr...
Retail Food Group Limited (ASX: RFG)- Retail Food Group hit $306.7 million loss
August 31, 2018 07:07 AM AEST| By Team Kalkine MediaFood Franchisor Retail Food Group plunged to $306.7 million loss in financial year 2018 after booking $402.9 million expenses in relation to stores closure, restructuring costs and impairment of assets. The operator of Gloria Jean?s and Donut King f...
Transurban Group (ASX: TCL)- TCL wins Sydney’ Westconnex bid
August 31, 2018 06:19 AM AEST| By Team Kalkine MediaToll road giant Transurban group wins majority control of Sydney?s WestConnex as New South Wales government announced them as successful bidder to buy 33 km long WestConnex motorway for $9.26 billion. Sydney Transport Partners consortium led by Tran...
Atlas Arteria (ASX: ALX)- Atlas Arteria announced interim results
August 30, 2018 03:53 PM AEST| By Team Kalkine MediaAtlas Arteria declared net loss of $15.5 million for the six-month ended 30 June 2018, including expenses incurred on ALX?s Internalisation Proposal. However, the group?s performance has improved during 1H18 as aggregate portfolio traffic grew 3.4%...
Marley Spoon AG (ASX: MMM) - Marley Spoon’s interim financial result on track to meet prospectus forecast
August 29, 2018 10:08 AM AEST| By Team Kalkine MediaRecently listed on ASX, Marley Spoon AG (ASX: MMM) has today announced financial results for the first half year ended 30 June 2018. Consolidated interim revenue has gone up 99% on the prior corresponding period to ?39.5 million, excluding the impact...
Bellamy’s Australia Limited runs on ASX after achieving FY18 guidance
August 29, 2018 05:35 AM AEST| By Team Kalkine MediaBellamy?s (ASX: BAL) today announced full year results for the period ended 30 June 2018, posting 37% increase in sales and 65% growth in normalized EBITDA for FY18. Revenue has increased from $240.2 million in FY17 to $320.0 million in fiscal 2018 e...
Boral Limited (ASX: BLD)- Boral Limited rockets on higher profit
August 29, 2018 04:45 AM AEST| By Team Kalkine MediaBoral Limited?s (ASX: BLD) stock jumped 10.358% to $7.085 as investors got the good news of 48.5% growth in net profit to $441 million for the year ended 30 June 2018. This price update is as on 29 August 2018 (2:22 PM AEST). Earnings before interes...
Rural Funds Group in momentum on property acquisitions
August 27, 2018 05:50 AM AEST| By Team Kalkine MediaQueensland cattle and cotton property acquisitions: Rural Funds Group?s (ASX: RFF) stock edged up 0.235% on August 27, 2018, before market close. The group is now acquiring two Queensland properties. The company is acquiring Cattle property Cerberus...
National Storage REIT (ASX: NSR) – NSR completes the first stage of $175 million equity raising
August 24, 2018 01:30 PM AEST| By Team Kalkine MediaASX listed storage company, National Storage REIT announced the completion of placement and Institutional Entitlement offer, raising approximately $138 million. This comes as a completion of first stage of $175 million equity raising, fully underwrit...
Tassal Group Limited (ASX: TGR) - Tassal announces FY18 results, buys up prawn farms
August 24, 2018 08:48 AM AEST| By Team Kalkine MediaWhile Tassal group inked the deal with Fortune Group to acquire their prawn business, the company also published its full year results for the period ended 30 June 2018. The company posted record revenue and operating profit of $509.5 million and $5...
Cromwell Property Group (ASX: CMW)- Cromwell property’s FY18 profit falls
August 23, 2018 07:13 AM AEST| By Team Kalkine MediaCromwell Property?s?(ASX: CMW) stock slipped by 3.043% to $1.115 as company posted decline in profit to $204.1 million from $277.5 million in prior year. Group?s operating profit for FY18 rose 3% to $156.8 million on the back of funds management con...
Coca-Cola Amatil Limited (ASX: CCL)- Coca-Cola 2018 Half Year result is out
August 22, 2018 08:48 AM AEST| By Team Kalkine MediaBeverages pioneer Coca-Cola Amatil Limited reported increased statutory net profit after tax for the first half year ending 30 June 2018 to $158.1 million, showing an improvement of 12.8% on previous corresponding period. However, underlying NPAT was...
National Storage REIT (ASX: NSR)- National Storage profit surged 41% ahead of $155.3 million acquisitions
August 22, 2018 07:55 AM AEST| By Team Kalkine MediaReal estate entity National Storage REIT today announced its results of its full year performance to 30 June 2018. Profit after tax grew 41% to $145.8 million as total revenue increased to $135.3 million from $114.1 million in previous year. Unaudit...
Scentre Group (ASX: SCG) – Stock price dip despite rise in profit
August 22, 2018 01:05 AM AEST| By Team Kalkine MediaScentre Group released its results for the half year to 30 June 2018 and the performance entailed Funds from Operations to be $657.2 million, indicating a 3.1% rise to 12.38 cents per security and 2% growth in distribution of 11.08 cents per security...
Ingenia Communities Group (ASX: INA) - 30% growth in FY18 profit
August 21, 2018 05:09 AM AEST| By Team Kalkine MediaIngenia Communities Group today, 21 August 2018, announced results for the year ending 30 June 2018, posting an increase of 56% to underlying profit of $36.8 million in FY18. The company delivered statutory profit of $34.2 million, up 30% on previous...
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