News

NetComm Wireless Ltd.’s stock plunged on weak FY 19 outlook
August 27, 2018 05:30 AM AEST| By Team Kalkine MediaRobust FY 18 Performance but weak outlook for FY 19: NetComm Wireless Ltd.?s (ASX: NTC) stock plunged 38.5% on August 27, 2018 (3 PM AEST) to A$0.83 after the company gave weak outlook for FY 19. The company is into developing and selling of broadban...

G8 Education Ltd.’s stock plummets with the fall in 1H 2018 profit
August 27, 2018 05:12 AM AEST| By Team Kalkine MediaWeak Performance in 1H 2018 due to considerable regulatory changes and challenging industry conditions: G8 Education Ltd.?s (ASX: GEM) stock plummeted 14.8% on August 27, 2018 (3 PM AEST) after the company for the first half of 2018 has reported 23.9...

Cannabis stocks and industry purview
August 27, 2018 01:42 AM AEST| By Team Kalkine MediaCannabis is a highly speculative sector and the regulatory frameworks in Canada, US, and Australia are expected to play a crucial role as a deciding factor for outlook. Most of the companies are yet to make profits and declare dividends. Herein we ha...

Santos Shares Fueled by Robust Financials and New Acquisition
August 27, 2018 12:35 AM AEST| By Team Kalkine MediaSantos is an oil and gas producer in the Asian pacific region, concerned with the exploration, development, production and sales of natural gas. Major products of the natural gas company are Liquid Petroleum gas, methane, ethane, coal seam gas, conde...

Medibank Private Limited (ASX: MPL)- Medibank’s top line improved but bottom line disappointed
August 24, 2018 02:07 PM AEST| By Team Kalkine MediaHealthcare company Medibank Private Limited today reported significant growth in operations for the fiscal year ended 30 June 2018. Group?s operating profit increased 9.7% to $548.8 million in FY18, which is largely attributable to Health Insurance?s...

Steadfast Group Limited (ASX: SDF)- Steadfast announces FY18 results after completing five years on ASX
August 24, 2018 02:00 PM AEST| By Team Kalkine MediaSteadfast Group announced strong underlying earnings growth for the period ended 30 June 2018. Underlying net profit after tax increased by 12.9% to $75.0 million as revenue surged up 15.5% to $582.5 million, driven by organic and acquisition growth...

MYOB Group Limited (ASX: MYO)- MYOB posted record growth in online subscribers
August 24, 2018 01:51 PM AEST| By Team Kalkine MediaMYOB announced its half year results for the six-month ended 30 June 2018, posting 7% growth in revenue to $218.5 million. Online subscribers increased to 492,000 with year-on-year change of 61% on previous corresponding period. Net profit after tax...

Mayne Pharma Group Limited (ASX: MYX)- Mayne continues to rise despite posting $133.9 million loss
August 24, 2018 01:38 PM AEST| By Team Kalkine MediaMayne Pharma?s net profit fell to negative $133.9 million despite recording strong performance in the second half of 2018. In 2H18 the ?reported? EBITDA increased 307% on 1H18, reflecting benefits derived from generic products performance growth, por...

National Storage REIT (ASX: NSR) – NSR completes the first stage of $175 million equity raising
August 24, 2018 01:30 PM AEST| By Team Kalkine MediaASX listed storage company, National Storage REIT announced the completion of placement and Institutional Entitlement offer, raising approximately $138 million. This comes as a completion of first stage of $175 million equity raising, fully underwrit...

Tassal Group Limited (ASX: TGR) - Tassal announces FY18 results, buys up prawn farms
August 24, 2018 08:48 AM AEST| By Team Kalkine MediaWhile Tassal group inked the deal with Fortune Group to acquire their prawn business, the company also published its full year results for the period ended 30 June 2018. The company posted record revenue and operating profit of $509.5 million and $5...

Brambles Limited (ASX: BXB) - Brambles’ share price runs up on FY18 results
August 24, 2018 08:01 AM AEST| By Team Kalkine MediaBrambles Limited posted strong profit growth in the financial year ended 30 June 2018. Sales revenue rose 6% at constant currency to US$5.59 billion, reflecting strong volume growth during FY18. Statutory profit increased 293% to US$747.1 million wh...

Platinum Asset Management Limited (ASX: PTM) – Platinum declares preliminary results
August 24, 2018 07:53 AM AEST| By Team Kalkine MediaPlatinum Asset Management, a fund manager, released its preliminary final report for the year ended 30 June 2018, posting rise in revenue and profit of 5.9% and 1.7%, respectively. The growth in revenue of 5.9% to $353.3 million, is driven by signif...

Afterpay Touch Group Limited (ASX: APT) – Boost from Updates on Capital Raising and Acquisition of ClearPay
August 24, 2018 06:11 AM AEST| By Team Kalkine MediaA Retail payment platform provider, Afterpay saw its stock price rally on ASX as the company successfully raised $117 million to support funding of its international expansion plan. On 24 August 2018, Afterpay Touch Group, an Australia-based technol...

Costa Group Holdings Limited (ASX: CGC) - Stock slumps despite rise in profit
August 24, 2018 04:59 AM AEST| By Team Kalkine MediaCosta Group doubles the profit in FY18, but market does not seem to like it as CGC takes a deep dive of 9.5%, trading at $7.91 on ASX on 24 August 2018, 2:30 PM AEST. Australia?s leading grower, packer and marketer of fresh fruit and vegetable, Costa...

Westpac Banking Corporation (ASX: WBC) – Share price sank on lower net interest margin
August 24, 2018 04:44 AM AEST| By Team Kalkine MediaWestpac?s share price tumbled in early trade as company announced fall in its net interest margin for the third quarter ending June 2018. Financial services group today revealed that its net interest margin for 3Q18 has reduced to 2.06% compared to 2...

Is Telstra Corporation Ltd. looking good post FY18 Results and key transformation shift?
August 24, 2018 02:59 AM AEST| By Team Kalkine MediaTelstra Corporation Ltd. (ASX: TLS) FY18 Result ? Earnings rebased to another level For FY18, Telstra reported NPAT fall of 8.9% to $3.5 billion while revenue from ordinary activities noted a growth of about 3% to $29 billion against last year. T...

Are these 3 Dividend Stocks Good to Grab – GEM, FMG, NAB?
August 24, 2018 01:09 AM AEST| By Team Kalkine MediaThe first step before valuing or analyzing the fundamentals of any stock is to monitor the key macroeconomic trends for at least the following economic indicators: Key interest rate, Inflation Rate, and GDP Growth Rate. With these three indicators yo...

A stock with a large yield to offer - NAC
August 23, 2018 03:47 PM AEST| By Team Kalkine MediaNAOS EX-50 OPPORTUNITIES COMPANY LIMITED (ASX: NAC) is an investment company which is engaged primarily in the mid-cap listed equities in both domestic and international markets. Derivatives and listed investments are the areas the company invests in...

ERM Power Limited (ASX: EPW)- ERM Power share prices surged despite confirming loss of $80.7 million
August 23, 2018 02:45 PM AEST| By Team Kalkine MediaEnergy company ERM Power posted greater statutory loss of $80.7 million, reflecting $79.6 million of loss increase in FY18 as compared to previous year. This reflects the negative impact of charges on derivatives and losses incurred in company?s US b...

EBOS Group Limited (ASX: EBO) – EBOS’ stock remains slow on 12.2% rise in profit
August 23, 2018 02:31 PM AEST| By Team Kalkine MediaEBOS Group today announced record financial performance for the period ended 30 June 2018, posting 12.2% rise in net profit after tax of $149.6 million. EBITDA grew 16.2% to $272.4 million in FY18. Underlying NPAT was up 7.9% to $149.6 million and u...

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