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News
Nearmap raised $70 million while securing position in S&P/ASX 300 Index
September 07, 2018 04:14 AM AEST| By Team Kalkine MediaNSW-based Nearmap (ASX: NEA) today announced the successful completion of $70 million capital raising to push the sales and marketing capabilities of the group. The funds were raised through the institution placement of 43,750,000 of new shares at a...
9 stocks doing well – MLS, BRB, AX8, AGS, KPO, BD1, RMX, DTS and SWJ
September 06, 2018 10:34 AM AEST| By Team Kalkine MediaMETALS AUSTRALIA LTD (ASX: MLS) - Pursuant to the Phase-I exploration program, Magnor Exploration has commenced channel sampling at the Lac Rainy Graphite Project. In parallel with the current program of trenching and channel sampling, a project-wide...
Global Geoscience suffering on ASX today
September 06, 2018 10:23 AM AEST| By Team Kalkine MediaThe Premium quality boric acid produced by the mineral explorer did not get to see bullish market for too long. As after shooting as high as 10% on ASX yesterday, Global Geoscience?s stock got dragged down 6.061% to $0.310 on 6 September 2018. In...
ERM Power to buy independent engineering group, Out Performers
September 06, 2018 10:18 AM AEST| By Team Kalkine MediaERM Power Limited today announced the acquisition of Sydney-based independent engineering group, Out Performers at the cost of $12 million with an earnout over two years of up to a further $4 million. Out performers deliver large and complex commerci...
Afterpay’s shares smashed on ASX today. But why?
September 06, 2018 10:07 AM AEST| By Team Kalkine MediaAfter recording 3.74% of decline yesterday, Afterpay Touch's (ASX: APT) share price continues to hit the gravity today, i.e. 6 September 2018. In an early trade this morning the stock has gone down as much as 8.5% to trade at $15.32. There is no com...
Evolution’s share price smashed
September 06, 2018 09:54 AM AEST| By Team Kalkine MediaEvolution?s share price tumbled 4.577% to $2.710 on 6 September 2018 (6:54 PM AEST). This seem to be due to recently announced 3 year outlook showing decreasing production year-on-year. But are investors missing on Cowal?s progress? Evolution?s Cowa...
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...
High Purity Alumina stocks on the ASX: The Ultimate Guide
September 06, 2018 08:51 AM AEST| By Team Kalkine MediaOn a more global level the LED demand is expected to increase from 864 million in 2015 to 4.1 billion units by 2024. There seems to be a surge in the demand for the Alumina stocks, here are few of them which are discussed under this category. Altech...
G Medical Innovations Enters Final Phase of Commercial Approval in China
September 06, 2018 07:28 AM AEST| By Team Kalkine MediaG Medical Innovations (ASX: GMV) updated that regulatory audits for its facility in China are scheduled to be conducted towards the end of this month and the outcome would be released in early October. The audit would bring the company a step closer...
Volt Resources reaches last environmental milestone at Bunyu
September 06, 2018 07:28 AM AEST| By Team Kalkine MediaGraphite explorer Volt Resources (ASX: VRC) has finally covered the last mile in reaching to its mining license grant at Bunyu graphite project as the company has successfully bagged the environmental approval to this flake graphite project in Tanzan...
Nuheara Brings ADCO On Board as New Distributor in The United States
September 06, 2018 07:09 AM AEST| By Team Kalkine MediaNuheara Limited (ASX: NUH) takes a step further in the United States as the company adds ADCO Medical suppliers as the latest distributor for selling its IQbuds medical devices. Nuheara and ADCO would work together to enhance the supply of hearing de...
Spectur’s September quarter revenue already surpassed previous results
September 06, 2018 06:46 AM AEST| By Team Kalkine MediaPerth based technology solution company Spectur Limited (ASX:SP3) today declared the revenue of its first two months for September quarter 2018. Company?s revenue for July and August has sky-rocketed to $800,000, posting more than 2-fold increase com...
Telstra cuts income guidance on nbn corporate plan
September 06, 2018 05:34 AM AEST| By Team Kalkine MediaTelstra (ASX: TLS) has cut down its income and earning guidance due to slower than expected rollout of National broadband network. In a market release today, Telstra announced revised FY19 guidance following the new nbn corporate plan released on 30...
Australian dollar uplifted on the back of GDP hitting 3.4% of annual growth
September 05, 2018 04:13 PM AEST| By Team Kalkine MediaThis morning Australian dollar spiked 0.5% to US72 cents as gross domestic product (GDP) climbed by 0.9% in June Quarter, beating the expectation of 0.7% growth. As per the reports, GDP annual growth of 3.4% records the fastest pace in nearly six yea...
Amazon flags the label of second US$1 trillion company
September 05, 2018 04:08 PM AEST| By Team Kalkine MediaIt took almost 38 years for Apple as a public company to achieve the trillion-dollar milestone whereas Amazon reached there in just 21 years. On 5 September 2018 (AEST), Amazon.com has become the second US trillion dollar company following the miles...
4 much-talked about Lithium Stocks on the downfall - GXY, PLS, KDR and AJM
September 05, 2018 04:05 PM AEST| By Team Kalkine MediaThe last month saw the fall of spot price accelerating in China, as there was a subsequent decline in the Chinese lithium carbonate prices. Looking at the recent development on export taxes in Argentina, some lithium stocks plunged to the negative zo...
Macquarie to sell its 95 million shares in Oceania Healthcare
September 05, 2018 03:59 PM AEST| By Team Kalkine MediaMacquarie Group (ASX: MQG) has gone on selling down some of its stakes in New Zealand based aged care service provider, Oceania Healthcare. As per the Oceania Healthcare?s disclosure to New Zealand Exchange, Macquarie Group has been found selling do...
Sino Gas & Energy Holdings Ltd Advances on Takeover offer
September 05, 2018 03:53 PM AEST| By Team Kalkine MediaLone Star, the US private equity fund, will acquire Sino Gas & Energy Holdings Ltd (ASX: SEH) which happens to be Australia?s only indigenous gas producer in China. In this regard, the $530mn (25 cents per share) cash takeover offer got approved...
Federal funding cuts wiped out Regis’ earnings
September 05, 2018 03:44 PM AEST| By Team Kalkine MediaFunding cuts by Federal government took away Regis Healthcare?s (ASX: REG) earnings as the ASX listed aged care services provider reported lower EBITDA of $117.1 million for the financial year ended 30 June 2018. This represents a 5% decline in grou...
Cost-cuts couldn’t help Metcash enough: Analyst
September 05, 2018 03:26 PM AEST| By Team Kalkine MediaMetcash is an Australia?s leading wholesaler of grocery, food, liquor and other fast-moving consumer goods. The independent food retailer is undergoing margin pressure on getting squeezed by big chains like Woolworths and Coles as these supermarket g...
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