SkyCity Entertainment Group Limited (ASX:SKC) reported that the weighted average number of shares for the company in FY18 is 669,112,499 while FY17 figure was 656,691,523. The company recorded annual normalized and reported EBITDA and NPAT with normalized EBITDA growth of 5.5% vs. pcp which is ahead of previous guidance. Revenue of the company is calculated as gaming win plus non- gaming revenue, and is shown to facilitate Australasian comparisons.
Improved performance in Adelaide and effective cost management at the properties, are offset by increase in corporate costs. However, continued growth in Auckland, and strong growth in IB, were the key drivers of growth. With full-year turnover of $11.9bn and actual win rate of 1.32%, strong growth was achieved. The company has fully-imputed final dividend of 10cps, payable at September 14, 2018. The stock was trading at a market price of $3.750 as at August 09, 2018, market open; and with daily price change of $0.090 or a percentage change of 2.479% noted a day before. The stock has seen a performance change of -5.96% over the past 12 months.
[optin-monster-shortcode id="wxhmli4jjedneglg1trq"]BHP Billiton Limitedâs (ASX:BHP) lately released its operational update for the year ending June 30, 2018 in which the group achieved the full-year production guidance for its segments i.e., copper, petroleum, iron ore and energy coal and achieved its revised guidance for metallurgical coal. For the sale of its entire interests in the Haynesville, Permian, Eagle Ford and Fayetteville Onshore US oil and gas assets, BHP recently announced that the company has entered into agreements for a combined base consideration payable in cash, of US$10.8 billion.
For a total consideration of US $ 0.3 billion, a company owned by Merit Energy Company - MMGJ Hugoton III, LLC has agreed to acquire 100% of the membership interests in BHP Billiton Petroleum and 100% of the issued share capital of BHP Billiton Petroleum. The stock was trading at a market price of $33.895 and with daily price change of $0.275 or a percentage change of 0.818% on August 08, 2018 but edged a bit low as at August 09, 2018, market open. The stock has seen a performance change of 28.52% over the past 12 months and is moving well in terms of strategic actions.
Eclipx Group Limited (ASX:ECX) is a player that operates in the financial sector and has enhanced its dividends over the last three years, while recent updates impacted the stock performance. It has a market capitalization of $575.35 million and annual dividend yield of 5.18%. While revenue from ordinary activities was up 27.43% to $360.21 million against prior corresponding period, the profit de-grew. However, the interim dividend was enhanced to 8 cents, compared with 7.5 cents last year. The company now expects to report NPATA in the range of $77 million to $80 million i.e. +13% to +17% compared from the previous expectation of +27% to +30% growth. Eclipx views its GraysOnline auto auction business as a strategic capability and now forecasts on its pre-acquisition full year NPATA of approximately $8m to deliver approximately 30%-40% NPATA increase. The stock was trading at a market price of $1.992 and with daily price change of $0.192 or a percentage change of 10.667% on August 08, 2018 but again slipped by 4.5% as at August 09, 2018, market open. The stock has seen a performance change of -50.82% over the past 12 months.
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