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All Ordinaries: Kogan Share Price Takes Hit, JB Hi-Fi Delivers Jumbo Profit
August 17, 2020 05:18 PM AEST| By Team Kalkine MediaAll Ordinaries traded lower by 0.67% and settled at 6,220.0 on 17 August 2020. All sub-sectors in the S&P/ASX 200 index were in red, barring health care and utilities. Banks and blue-chip companies were also down today. As reporting season is .....
Investors like Growth Stocks; Praemium and Baby Bunting on FY20 Earnings Report Card
August 17, 2020 04:00 PM AEST| By Team Kalkine MediaSummary Despite the challenges caused by the pandemic, growth stocks such as Baby Bunting and Praemium are unstoppable, as they move forward to achieve their goals, outpacing their competitors. Of late, Baby Bunting and Praemium are garnering t.....
ASX 200 Stock 3P Learning unveiled FY20 results; Inked SIA with IXL Learning
August 17, 2020 02:02 PM AEST| By Team Kalkine MediaSummary The e-learning sector has been growing swiftly ever since the pandemic outbreak, with an uptick in the number of public and private courses being offered to advance the students' skills. Amid COVID-19, 3PL’s people and services di.....
Renascor Resources Cuts the Mustard as Siviour PSG Meets Strict Specifications of Anode Manufacturers
August 17, 2020 01:42 PM AEST| By Team Kalkine MediaFrom the standpoint of establishing a vertically integrated battery anode material operation, Australian exploration and development company Renascor Resources Limited (ASX: RNU) appears to be having major competitive advantages. The Company contin.....
S&P/ASX 200 A- REIT Attempts Volatility Breakout – GMG, CHC, and DXS
August 16, 2020 12:44 AM AEST| By Kunal SawhneySummary S&P/ASX 200 A-REIT is showing a gradual recovery with the index appreciating nearly 54.96 per cent in the past few months, prompting many stocks such as Goodman Group (ASX:GMG) to reach a record high. However, bulls now seem to be t.....
Value for these ASX 200 Stocks: Sydney Airport and CBA
August 15, 2020 04:04 AM AEST| By Kunal SawhneySummary Commonwealth Bank of Australia and Sydney Airport are the key players in the S&P/ASX 200 index, and their performance has a direct impact on the index. Sydney Airport results adversely impact during the half-year with a drop of 35.9.....
Golden State Mining Reports Highly Encouraging Assay Results at Yule South Project, Further Assay Results Awaited
August 14, 2020 09:31 PM AEST| By Team Kalkine MediaSummary Golden State Mining has unveiled first pass gold hits at the Yule South project. Best intercepts at Targets 1 & 5, the first two target areas, drilled at the project included: 8m @ 0.92g/t Au from 96m incl. 4m @ 1.81 g/t Au from .....
Mesoblast Share Price Goes Berserk: Investors had a Sunny Day
August 14, 2020 07:17 PM AEST| By Team Kalkine MediaSummary Mesoblast disclosed the ODAC of the US FDA voted overwhelmingly in favour that the available data support the efficacy of remestemcel-L. Following the announcement, MSB’s share price zoomed and ended the trading session over 39% h.....
Broo Says Cheers to Beer Major CUB
August 14, 2020 06:27 PM AEST| By Team Kalkine MediaUnique Australian beer company, Broo Ltd (ASX:BEE) has signed a contract brewing agreement with CUB Pty Ltd to produce Broo Premium Lager and Australia Draught. Broo is primarily focused on the production, marketing and sale of its two beer pr.....
Earnings Report Card for ASX Stocks: PMV, FLT, AGL, QBE, GMG, AMP, BRG, WPL
August 14, 2020 04:53 PM AEST| By Team Kalkine MediaSummary Several ASX-listed companies have released their earnings report giving market players an idea about which of them struggled and which sailed through this difficult journey. Premier Retail’s impressive online sales and EBIT growth.....
GTI Resources Braces to Fast-track Exploration at Niagara (Kookynie) Gold Project
August 14, 2020 02:22 PM AEST| By Team Kalkine MediaSummary Australian mineral explorer, GTI Resources has commenced phased exploration program at the Niagara Gold Project near Kookynie, WA. Recent advancements at Niagara Project include receiving data package from July’s airborne magnetic.....
Dividend Corner: Investment Tips, Stocks Under the Scanner -EVN, CL1
August 14, 2020 02:06 PM AEST| By Team Kalkine MediaSummary Dividend stocks are still a popular investment choice in Australian equity space especially in finance, basic material and consumer durables sectors. Banking stocks, once considered as dividend stars, warrant some caution. Sticking to .....
A Sunny Day for Treasury Wine - Stock zooms over 12% following FY20 results
August 13, 2020 09:02 PM AEST| By Team Kalkine MediaSummary Treasury Wine share price surged over 12% at the end of the day’s trading session following the announcement of FY2020 results. Due to the challenging market situation globally, the Company reported a 6% decline in net sales reven.....
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Not an Awe-inspiring Result but Telstra meets Telco Guidance Range
August 13, 2020 07:40 PM AEST| By Team Kalkine MediaSummary Australian telecommunication giant, Telstra has been sweeping the market with robust customer growth, strong future outlook, continuous drive towards its strategic initiatives, albeit with a couple of hiccups. On 13 August 2020, Telstra.....
Platina Resources All Set to Close Challa Gold Project Acquisition, New Exploration to Commence
August 13, 2020 06:08 PM AEST| By Team Kalkine MediaAustralia-based company, Platina Resources Limited (ASX: PGM) advised on 13 August 2020 that all the necessary conditions for the acquisition of a 100 per cent interest in the Challa Gold Project have now been satisfied. A conditional agr.....
Banks need A change in Operating Strategy, straight from the horse's mouth- NAB
August 13, 2020 05:09 PM AEST| By Team Kalkine MediaSummary NAB is prepared to slash hundred IT jobs next month as a part of the cost containment drive. The Bank has been planning some reforms in its operating model with a focus on boosting efficiency and centralising teams. NAB and Microsoft i.....
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10 ASX Tech Stocks that gained over 30% in the last three months
August 13, 2020 05:01 PM AEST| By Team Kalkine MediaSummary The technology sector has outperformed most sectors during the last few months and has exceeded its pre-COVID-19 levels. Afterpay has completed its capital raising. The proceeds would support the Company’s rapid growth and provide.....
Magellan Financial Group Reports Positive Set of Numbers for FY20, Adjusted NPAT Up 20%
August 13, 2020 02:35 PM AEST| By Team Kalkine MediaSummary Magellan Financial Group registered a 26 per cent increase in average funds under management, while adjusted net profit after tax grew by 20 per cent for FY20. Total dividends up by 16 per cent to 214.9cps including a 122.0cps dividend .....
Impressive! Real Energy & Strata-X Energy Merger to Form Pure Energy Progressing to Plan
August 13, 2020 11:40 AM AEST| By Team Kalkine MediaSummary Real Energy is an Australian east coast focused gas company with interests in the Cooper Basin and the Surat Basin in Queensland. Recently, the Company entered a binding Scheme Implementation Agreement with Strata-X Energy to pursue a n.....
Earnings Report: Stocks that Passed the Litmus Test and those that Didn’t: TCL, SEK, CPU, DOW, NWS
August 12, 2020 11:10 PM AEST| By Hina ChowdharySummary All eyes have been on ASX-listed companies these days as they release their annual results. The results indicate how the companies performed amid high volatility. Transurban Group reported a drop in its revenue by 13.2% to US$3,616 mill.....
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