Consumer

Understanding Harvey Norman Holdings Limited's Valuation and Insights into the P/E Ratio
September 27, 2024 01:23 PM AEST| By Team Kalkine MediaHighlights,Harvey Norman Holdings Limited features a P/E ratio that appears attractive compared to the broader market.,Recent earnings performance has declined, influencing investor sentiment and expectations.,Future growth projections for Harvey Nor...

Understanding Betmakers Technology Group's Market Position Through Price-to-Sales Ratio
September 27, 2024 12:41 PM AEST| By Team Kalkine MediaHighlights,Betmakers,Technology Group Ltd,exhibits,a low price-to-sales ratio compared to industry peers.,Recent revenue performance raises questions about the company's growth prospects.,Analyzing the P/S ratio offers insights into market,perception...

Aldi Tops Supermarket Affordability in Latest Choice Survey
September 27, 2024 12:00 AM AEST| By Team Kalkine MediaHighlights,- Aldi named most affordable supermarket in Australia.,- Aldi's basket of groceries is A$18 cheaper than Coles and Woolworths.,- Government-backed survey tracks grocery pricing trends.,Aldi has once again been crowned the most affordable s...

Analyzing Recent Performance of Coles Group and Aristocrat Leisure
September 26, 2024 05:11 PM AEST| By Team Kalkine MediaHighlights,Coles Group Ltd shares have surged since the beginning of 2024.,Aristocrat Leisure Limited shares are above their 52-week low.,Coles offers a dividend yield that is slightly below its 5-year average.,The performance of Coles Group Ltd (ASX...

Star Entertainment Reports $1.7 Billion Loss and Plans Significant Cost Cuts
September 26, 2024 04:36 PM AEST| By Team Kalkine MediaHighlights,Star Entertainment posts a billion loss amid rising costs and declining revenue.,The company plans to cut $100 million in costs within six months.,CEO Steve McCann outlines initiatives to improve cash flow and business performance.,Struggl...

High Court of New Zealand Imposes AU$3.81mn Penalty on SkyCity (ASX:SKC) for Anti-Money Laundering Breaches
September 26, 2024 02:49 PM AEST| By Team Kalkine MediaIn a significant ruling, the High Court of New Zealand has levied a civil penalty of NZ$4.16 million (approximately $3.81 million) against SkyCity (ASX:SKC) Casino Management, the operator of SkyCity's casinos in New Zealand. This penalty stems from...

SkyCity Entertainment (ASX:SKC) Navigating Regulatory Challenges
September 26, 2024 02:07 PM AEST| By Team Kalkine MediaHighlights,SkyCity Entertainment has received a fine for breaching anti-money laundering laws.,Despite the penalty, SKC shares saw an increase during trading.,The company is committed to improving compliance and systems moving forward.,SkyCity Entert...

Star Entertainment's (ASX:SGR) Shares Froze at 45cents. What’s Happening?
September 26, 2024 12:52 PM AEST| By Team Kalkine MediaStar Entertainment Group Ltd (ASX:SGR), one of Australia’s leading casino operators, has been in troubled waters for almost a month, with its shares frozen at 45 cents. The reason? The company has been unable to release its FY24 results, raising conc...

ACCC Approves Lendlease Project Sale to Stockland and Supalai
September 26, 2024 09:57 AM AEST| By Team Kalkine MediaThe Australian Competition and Consumer Commission (ACCC) has cleared Stockland (ASX:SGP) and Supalai's proposed acquisition of 12 residential master-planned community projects from Lendlease (ASX:LLC), following a court-enforceable undertaking. This...

Exploring the Shareholder Composition of APA Group (ASX:APA): Insights into Individual and Institutional Ownership
September 25, 2024 02:42 PM AEST| By Team Kalkine MediaAn analysis of the shareholder composition of APA Group (ASX:APA) reveals intriguing insights into the company's ownership dynamics. The most significant group of shareholders is individual investors, who collectively own 56% of the company’s stock....

Metcash (ASX:MTS) Experiences Stagnation in Returns
September 25, 2024 02:38 PM AEST| By Team Kalkine MediaHighlights,Metcash (ASX:MTS) shows stable ROCE of 16%, indicating effective capital reinvestment despite an 87% capital increase over five years.,The company's current liabilities to total assets ratio at 50% signals a high reliance on short-term cre...

Light & Wonder's (ASX:LNW) Shares Hit a Rough Patch Following Analyst Downgrades and Legal Issues
September 25, 2024 01:06 PM AEST| By Team Kalkine MediaShares of Light & Wonder (ASX:LNW) have experienced a notable decline on Wednesday, dropping as much as 3.6% to AU$129.74, marking the fifth consecutive day of losses. This downturn comes in the wake of a downgrade from J.P. Morgan, which has reduced...

An In-Depth Exploration of Woolworths Group (ASX:WOW) Shares
September 25, 2024 11:01 AM AEST| By Team Kalkine MediaThe share price of Woolworths Group Ltd,(ASX: WOW),has seen a decline of 12.6% since the beginning of 2024. Despite this downturn, there are several compelling reasons for investors to consider WOW shares.,Overview of Woolworths Group Ltd,Founded in...

Macquarie Downgrades Earnings Estimates for IDP Education (ASX:IEL) Amid Canadian Study Permit Cuts
September 24, 2024 02:03 PM AEST| By Team Kalkine MediaMacquarie has revised its earnings forecasts for IDP Education (ASX:IEL), an English language testing service provider, for the fiscal years 2025 and 2026 following Canada's recent announcement of reduced international student permits. Earlier this m...
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Qube Holdings (ASX:QUB): Institutional Ownership and Its Implications for Stock Performance
September 24, 2024 01:55 PM AEST| By Team Kalkine MediaQube Holdings Limited (ASX:QUB) presents an interesting case study in corporate ownership dynamics, particularly concerning its significant institutional shareholder base. With the top 18 shareholders collectively owning 50% of the company, Qube Hold...

Supermarket Giants Coles (ASX:COL) and Woolworths (ASX:WOW) Under Fire for Alleged Price Manipulation
September 24, 2024 11:58 AM AEST| By Team Kalkine MediaWith the cost of everyday items a growing concern for Australian consumers, the actions of the country's major supermarket chains are under intense scrutiny. Coles (ASX:COL) and Woolworths (ASX:WOW), Australia's two largest grocers, have faced a stri...

WEB Travel (ASX:WEB) Shares Slump as Revenue Margins Lower and Price Target is Cut
September 24, 2024 11:57 AM AEST| By Team Kalkine MediaShares of WEB Travel Group (ASX:WEB) fell 2.7% to AU$7.15 on 24 September 2024 after investment bank Macquarie revised its price target for the travel company. Macquarie cut its target from AU$8.72 to AU$7.63, reflecting concerns over the company's d...

Coles and Woolworths Face ACCC Investigation Over Allegations of Misleading Shoppers
September 23, 2024 07:14 PM AEST| By Team Kalkine MediaThe Australian Competition and Consumer Commission (ACCC) has initiated legal proceedings against Woolworths and Coles, two of Australia’s largest supermarket chains, for allegedly misleading consumers regarding their discount pricing practices. The...

Botala Energy Announces Feasibility Study for Wellfield Development at Serowe Gas Project
September 23, 2024 07:02 PM AEST| By Team Kalkine MediaBotala Energy Ltd,(ASX:BTE),has announced the completion of an independent wellfield feasibility study that outlines various development options for the Serowe Coal Bed Methane (CBM) Gas Project in Botswana. This comprehensive study, conducted by Fra...

Coles (ASX:COL) and Woolworths (ASX:WOW) Shares Decline Amid ACCC Proceedings
September 23, 2024 06:41 PM AEST| By Team Kalkine MediaShares of Woolworths Group Ltd (ASX: WOW) and Coles Group Ltd (ASX: COL) are under pressure following legal proceedings initiated by the Australian Competition and Consumer Commission (ACCC). The ACCC, Australia's competition regulator and national c...

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