News

4 Stocks taking charge – SIG, RWC, WTC and MMS
September 05, 2018 08:59 AM AEST| By Team Kalkine MediaA perfect mix of four stocks from varied sectors that are gaining traction and heading upwards on the ASX index are discussed herein; SIGMA HEALTHCARE LIMITED (ASX: SIG) - It is a health care sector company. The group over next 3 years is committed t...

FAR Limited’s stock tumbled on ASX
September 05, 2018 08:20 AM AEST| By Team Kalkine MediaFAR Limited?s stock plunged 4.167% to $0.115 on 5 September 2018 despite posting 53% improvement in relative performance since 1 July 2017. Gas and oil explorer FAR Limited have recently finalized the Samo-1 well location in Gambia which is to be dr...

Starpharma’s DEP irinotecan showed significant anti-cancer efficacy with complete tumour regression
September 05, 2018 07:59 AM AEST| By Team Kalkine MediaStarpharma Holdings Limited?s (ASX: SPL) share price surged 3.387% to $1.282 after announcing that its proprietary DEP irinotecan development candidate showed complete tumour regression and 100% survival in a human pancreatic cancer model. This is co...

Syrah’s share price tumbled despite completing $94 million of raising capital
September 05, 2018 07:32 AM AEST| By Team Kalkine Media$94 million of capital raising did not seem to please the investors as the Syrah Resources? share price continues to hit the ground. Syrah Resources Limited (ASX: SYR) pressed the paused button yesterday, i.e. 4 September 2018, but following the rel...

7 Beaten Down Stocks – GEM, RFG, NTC, MYR, SGM, NXT and MIN
September 05, 2018 06:32 AM AEST| By Team Kalkine MediaG8 EDUCATION LIMITED (ASX: GEM) ? There is a rapid deterioration in the $13 billion industry?s economics. The company?s occupancy level had fallen to 70.1 percent i.e. by 250 basis points year on year in the 6 months ended June 30, 2018. The company...

Downer wins five-year mining contract extension
September 05, 2018 05:51 AM AEST| By Team Kalkine MediaDowner EDI Limited (ASX: DOW) today announced that it has been awarded a contract by Millmerran Power Partners to continue the provision of mining services for more five years at the consideration of $286 million. The contract requires the Downer to...

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...

BHP Billiton Limited clutched stakes in copper explorer SolGold
September 05, 2018 05:10 AM AEST| By Team Kalkine MediaToday morning BHP Billiton Limited announced that it has entered into an agreement with Guyana Goldfields Inc to acquire 6.1% stakes in SolGold Plc for $35.2 million. It is to buy the slice of highly coveted Cascabel copper-gold project in Ecuador wh...

Two Stocks that were on trading halt today
September 04, 2018 01:54 PM AEST| By Team Kalkine MediaOrocobre Limited (ASX: ORE) The stock of Lithium chemicals producer Orocobre Limited paused trading on stock exchange as the company requested ASX to place their securities in trading halt, pending the release of an announcement. Having Lithium...

Does venturing into Small-cap shares equates to sacrificing dividends?
September 04, 2018 01:43 PM AEST| By Team Kalkine MediaSmall-cap stocks generally have a market capitalization ranging from $300 million to about $3 Billion. Many companies in this category of market index generally are riskier than their other counterparts who have a market cap higher to a few billion d...

Evolution provides guidance on their 2018 investor day
September 04, 2018 01:28 PM AEST| By Team Kalkine MediaEvolution Mining Limited (ASX: EVN) provided its three-year outlook and high-grade drill results on their Investor Day hosted in Sydney today, i.e. 4 September 2018. In its production outlook, the company has set their gold production expectation to...

Magnis gets $11.1 million of investment
September 04, 2018 01:22 PM AEST| By Team Kalkine MediaAfter staying in trading halt for past few days, Magnis?s shares resumed trading on ASX today, i.e. 4 September 2018. The stock has slipped by 2.632% to $0.370 despite securing $11.1 million of investment today. Graphite producer Magnis Resources Li...

7 Small-cap stocks on the Rise - AO1, BPP, FIG, TZN, VRC,ASL and DRO
September 04, 2018 01:16 PM AEST| By Team Kalkine MediaASSETOWL LIMITED (ASX: AO1) ? The company saw a revenue change from HK $89.213 million in year ending 2016 to HK $94.555 in the year ending 2017. For the same period, profit for the year declined from HK $6.745 million to HK $1.349 million which is a...

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...

Ausdrill shares soar high on report justifying Barminco acquisition
September 04, 2018 08:50 AM AEST| By Team Kalkine MediaAusdrill shares jumped 9.177% to $1.725 on 4 September 2018. Thanks to ongoing Barminco acquisition transaction that will create Ausdrill to become the Australia?s second largest mining services company. Today Ausdrill Limited (ASX: ASL) released no...

Shares plunged as Suncorp’s Australian Life Insurance business fell apart
September 04, 2018 08:36 AM AEST| By Team Kalkine MediaSuncorp Group?s stock was arrowed down on ASX today after the company inked a share sale deed with TAL Dai-ichi Life Australia Pty Ltd to sell its Australian life insurance business for total consideration of approximately $725 million. As recently...

8 Stocks hogging the limelight – GXY, MNS, AGY, RAP, 4CE, GGG, BUB and PLS
September 04, 2018 07:35 AM AEST| By Team Kalkine MediaGALAXY RESOURCES LIMITED (ASX: GXY) ? The company?s cash balance as of 1H 2018 is at $US45.1 million. Excluding the shipping revenue from the total, the revenue from sales of spodumene was $84.64 million for the period ending June 30, 2018, which dec...

Yellow Brick stands still on takeover bid rejection
September 04, 2018 06:17 AM AEST| By Team Kalkine MediaDirectors of Yellow Brick Road Holdings Limited remain still on their decision to reject the takeover bid offer given by Mercantile OFM Pty Ltd, a wholly-owned subsidiary of Mercantile Investment Company Ltd. On 20 August 2018, Mercantile OFM Pty Lt...

Kogan.com had a bad “mourning” today!
September 04, 2018 05:00 AM AEST| By Team Kalkine MediaInformation technology company Kogan. Com?s stock was dragged down on ASX today after the company confirmed the sale of equity interest by directors. In the release published today morning, the company confirmed that founder Ruslan Kogan and chief...

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