News

Fastbrick Robotics Limited (ASX: FBR)- World’s first fully automatic bricklaying robot passes Dynamic stabilization test
August 29, 2018 03:51 PM AEST| By Team Kalkine MediaRobotics technology company Fastbrick Robotics Limited today announced successful completion of Dynamic Stabilization Technology (DST) test on the layhead of the world?s first fully automated end to end bricklaying robot, Hadrian X. The DST test on t...

Argosy Minerals Limited (ASX: AGY)- Argosy added 9 hectare pond to Stage 2 Rincon Lithium Project
August 29, 2018 03:38 PM AEST| By Team Kalkine MediaArgosy Minerals Limited has announced stage 2 evaporation ponds progress at its Rincon Lithium Project posting additional 9-hectare pond. The project is in the ?Lithium Triangle? in Salta Province of Argentina. The company has completed construction...

Perseus Mining Limited (ASX: PRU)- Perseus Mining Limited narrowed down its losses in FY18
August 29, 2018 03:31 PM AEST| By Team Kalkine MediaWest African gold producer Perseus Mining Limited posted net loss after tax of $24.9 million for FY18 compared to a net loss after tax of $83.1 million in the previous financial year. There has been total production of 255,916 ounces of gold in the...

Experience Co Limited (ASX: EXP)- EXP share price tumbled despite confirming 51% growth in revenue
August 29, 2018 03:11 PM AEST| By Team Kalkine MediaExperience Co Limited?s (ASX: EXP) stock crashed 14.13% to $0.395 on 29 August 2018, despite reporting 51.1% rise in revenue to $135.3 million for the year ended 30 June 2018. Normalised earnings before interest, tax, depreciation, amortisation and...

Mesoblast Limited (ASX: MSB)- Mesoblast announces Chinese government approval to Tasly’s overseas investment
August 29, 2018 10:18 AM AEST| By Team Kalkine MediaMesoblast Limited (ASX: MSB) has today announced that Chinese pharmaceutical company Tasly Pharmaceutical Group has got China?s government approval of overseas direct investment to carry forward investment agreement as well as a development and colla...

Marley Spoon AG (ASX: MMM) - Marley Spoon’s interim financial result on track to meet prospectus forecast
August 29, 2018 10:08 AM AEST| By Team Kalkine MediaRecently listed on ASX, Marley Spoon AG (ASX: MMM) has today announced financial results for the first half year ended 30 June 2018. Consolidated interim revenue has gone up 99% on the prior corresponding period to ?39.5 million, excluding the impact...

Independence Group NL (ASX: IGO)- IGO announced tremendous growth in profit ahead of Nova acquisition
August 29, 2018 10:01 AM AEST| By Team Kalkine MediaIndependence Group?s net profit after tax increased 210% to $52.7 million in FY18, driven by significant contribution from Nova operation in its first year of commercial production. Underlying EBITDA grew 125% to $338.6 million for the period ended...

BWX Limited confirms the expectation of lower than anticipated earnings
August 29, 2018 06:28 AM AEST| By Team Kalkine MediaBWX Limited (ASX: BWX) has finally released its results for the year ended 30 June 2018 which were earlier supposed to be announced on 15 August 2018. Earnings before interest tax, depreciation and amortization (EBITDA) downgraded on guidance range o...

Bellamy’s Australia Limited runs on ASX after achieving FY18 guidance
August 29, 2018 05:35 AM AEST| By Team Kalkine MediaBellamy?s (ASX: BAL) today announced full year results for the period ended 30 June 2018, posting 37% increase in sales and 65% growth in normalized EBITDA for FY18. Revenue has increased from $240.2 million in FY17 to $320.0 million in fiscal 2018 e...

Boral Limited (ASX: BLD)- Boral Limited rockets on higher profit
August 29, 2018 04:45 AM AEST| By Team Kalkine MediaBoral Limited?s (ASX: BLD) stock jumped 10.358% to $7.085 as investors got the good news of 48.5% growth in net profit to $441 million for the year ended 30 June 2018. This price update is as on 29 August 2018 (2:22 PM AEST). Earnings before interes...

Virgin Australia Holdings Limited (ASX: VAH)- Stock fell on $653.3 million loss
August 29, 2018 04:33 AM AEST| By Team Kalkine MediaVirgin Australia shares fell 4% to $0.240 on 29 August 2018 after the company announced statutory loss of $653.3 million for the year ended 30 June 2018, which is more than 200% of the loss reported last year. However, group?s underlying profit befo...

Three stocks that have fallen today
August 28, 2018 06:38 PM AEST| By Team Kalkine MediaAccent Group Limited (ASX: AX1) Accent Group?s underlying net profit after tax grew 17.9% to $47.1 million delivering underlying diluted earnings per share of 8.78 cents, up 17.3% on the prior year. Total accent group sales have gone up by 4.9% to $...

2 Stocks in a Troubled mode – RCR and LVH
August 28, 2018 06:20 PM AEST| By Team Kalkine MediaFinancials and Updates RCR TOMLINSON LIMITED (ASX: RCR) - As at August 28, 2018 RCR is looking to raise approximately $100 million from the Entitlement Offer. Under its working capital facilities, RCR?s financiers have agreed to make an additional...

8 Stocks on the Rise - AMG, CL8, PDZ, JJF, PAA, ACF, WEL and SCL
August 28, 2018 06:19 PM AEST| By Team Kalkine MediaUpdates and financials: AUSMEX MINING GROUP LIMITED (ASX: AMG) - From the 100% owned, ?The Trump? granted Mining Lease ML2549 within AMG?s suite of Cloncurry, Queensland assets, Ausmex Mining Group has announced exceptional RC drilling results. Incl...

Propel Funeral Partners Limited (ASX: PFP)- Propel Funeral declared better than expected results in the year of its IPO
August 28, 2018 06:11 PM AEST| By Team Kalkine MediaPropel Funeral (ASX: PFP) stock rebounded by 9.091% to $3.00 on 28 August 2018 after the company announced more than double of pro forma net profit after tax for the year ended 30 June 2018. Pro forma operating NPAT increased 125% to $12.3 million a...

Speedcast International Limited (ASX: SDA)- Speedcast shares crashed despite 24% growth in interim revenue
August 28, 2018 06:03 PM AEST| By Team Kalkine MediaSpeedcast International (ASX: SDA) is having its worst time on ASX as stock fell headlong 37.407% to $4.20 following half year results release on 28 August 2018. Despite having revenue up by 24%, underlying EBITDA up by 14% and Net profit after tax...

Bravura Solutions Limited (ASX: BVS)- Bravura stock surged on FY18 results
August 28, 2018 05:43 PM AEST| By Team Kalkine MediaBravura Solution today announced results for the full year ended 30 June 2018, posting 15% rise in revenue to $221.5 million which includes 26% rise in wealth management revenue driven by 32% growth in Sonata revenue. Earnings before interest tax, d...

9 stocks being talked about
August 28, 2018 05:31 PM AEST| By Team Kalkine MediaUpdates and Financials: GALAXY RESOURCES LIMITED (ASX: GXY) -?Posco and Galaxy Resource Limited have come to an agreement as per which GXY would sell a package of tenements, for cash consideration of US$280 million. The agreement would earn GXY proc...

CIMIC Group Limited (ASX: CIM)- CIMIC bags $140M Philippines tollway project
August 28, 2018 05:06 PM AEST| By Team Kalkine MediaCIMIC Group?s construction company Leighton Asia has been selected by NLEX Corporation to construct tollway project in the Philippines for $140 million. This project includes the construction of 2.6Km dual elevated tollway to connect North Luzon Expr...

Caltex Australia Limited (ASX: CTX) – Cut in dividend dragged down Caltex shares on ASX
August 28, 2018 08:17 AM AEST| By Team Kalkine MediaCaltex (ASX: CTX) stock tumbled 7.868% to $30.680 as the company reported flat growth and cut in dividend for the half year ended 30 June 2018. Net profit after tax rose 1% using Replacement cost profit (RCOP) to $296 million in 1H18, negatively impa...

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