Industrial
Neometals’ Joint Venture Powers Mercedes Benz’s Battery Recycling Strategy
October 22, 2024 12:09 PM AEDT| By Team Kalkine MediaHighlights,Neometals,and SMS Group's JV supports Mercedes Benz’s battery recycling efforts.,New recycling plant in Germany focuses on sustainable electric vehicle batteries.,Plant has capacity to recycle materials for over 50,000 new battery modules....
Transurban Group (ASX:TCL) Reaffirms FY25 Distribution Guidance Amid Traffic Growth
October 22, 2024 11:47 AM AEDT| By Team Kalkine MediaHighlights,Transurban reaffirms FY25 distribution guidance at 65¢ per share.,Daily traffic rose by 1.1% in the September quarter.,Construction in Sydney and Melbourne is expected to improve future traffic flows.,Transurban Group (ASX:TCL), a key play...
Citi Lowers Price Target for Orica (ASX:ORI) Amid Revised Earnings Forecasts
October 21, 2024 04:29 PM AEDT| By Team Kalkine MediaHighlights,Citi analysts cut Orica’s price target to A$19, citing lower earnings expectations.,The brokerage reduces FY25 EBIT estimates by 10% and FY26 by 7%.,Despite the downgrade, 10 of 13 analysts still rate the stock as a "buy" or higher.,Analys...
QAN Shares: Insights into Blue Chip Qualities
October 21, 2024 03:39 PM AEDT| By Team Kalkine MediaHighlights:,Qantas Airways Limited share price has risen 38.9% since the start of 2024.,Flight Centre Travel Group Ltd (ASX: FLT) is currently 23.5% away from its 52-week high.,QAN reports an impressive return on equity (ROE) of 823.0% for FY24, whil...
Lycopodium Acquires Majority Stake in Saxum to Expand in South America
October 18, 2024 02:39 PM AEDT| By Team Kalkine MediaHighlights,Lycopodium,acquires,a majority stake in Argentina's Saxum,.,The company aims to increase its presence in South America's mining sector,.,Focus on lithium and copper projects following Rio Tinto's acquisition.,Lycopodium Limited (ASX:LYL),...
Reliance Worldwide Corporation Limited's 64% Institutional Ownership Emphasized
October 16, 2024 09:39 PM AEDT| By Team Kalkine MediaHighlights:,Institutional Ownership Dominance:,Institutions hold approximately 64% of Reliance Worldwide Corporation Limited's shares, indicating a significant influence on stock price movements.,Major Stakeholders Identified:,Nine investors control...
Civmec Ltd. to Acquire Luerssen Australia: A Strategic Move in Shipbuilding
October 16, 2024 11:50 AM AEDT| By Team Kalkine MediaHighlights,Civmec,to,acquire,Luerssen Australia from NVL B.V. & Co. KG.,The acquisition covers assets, employees, and shipbuilding,licences,.,Expected completion by December 2024, subject to Commonwealth approval.,Civmec Ltd. (ASX:CVL), an Australian...
Robotic Construction Tech by FBR Limited Withstands Hurricane Milton in Florida
October 15, 2024 03:10 PM AEDT| By Team Kalkine MediaHighlights,FBR's automated construction tech, Hadrian X, remains undamaged after Hurricane Milton.,The house built by Hadrian X survived the hurricane in Fort Myers, Florida.,FBR continues its Demonstration Program after the storm.,FBR Limited (ASX:F...
Aurora Labs Shares Rise on Defence MOU for 3D Propulsion Systems
October 11, 2024 01:35 PM AEDT| By Team Kalkine MediaHighlights,Aurora Labs Ltd shares rise by over 5% after signing MOU.,Partnership focuses on 3D printed propulsion systems for UAVs.,Collaboration aims to enhance micro gas turbine technology.,Aurora Labs Ltd (ASX:A3D) has experienced a significant ri...
NRW Holdings (ASX:NWH) Lands Major BHP Jimblebar Contract
October 11, 2024 01:13 PM AEDT| By Team Kalkine MediaHighlights,NRW Holdings secures a $109M contract with BHP.,Project at Jimblebar,set,to begin in November 2024 and run through Q2 2026.,Up to 120 staff to be hired, with 50 assets expected to be used.,NRW Holdings (ASX:NWH) has secured a significant c...
Seven Group Holdings Announces Rebrand to SGH Limited
October 11, 2024 12:39 PM AEDT| By Team Kalkine MediaHighlights,Seven Group Holdings will rebrand to SGH Limited.,ASX ticker will change from SVW to SGH by November 18.,The rebrand reflects its industrial-focused business evolution.,Seven Group Holdings (ASX: SVW) is making a significant move by changi...
ARB Corporation Clears Legal Hurdles in U.S. Expansion with 4 Wheel Parts Acquisition
October 10, 2024 12:40 PM AEDT| By Team Kalkine MediaHighlights:,ARB Corporation Ltd (,ASX:ARB,) is progressing with the acquisition of the 4 Wheel Parts business from,Hoonigan,in the U.S., with no competing offers for the sale.,The U.S. Trustee confirmed it would not oppose the sale process, and the f...
ALS Limited's Shareholder Landscape: Individual Investors Take the Lead
October 10, 2024 10:30 AM AEDT| By Team Kalkine MediaHeadlines,Individual investors hold significant influence over ALS Limited, commanding a majority stake in the company.,Institutional investors maintain a noteworthy presence but do not dominate the ownership structure.,Insider ownership is limited,...
Neometals Pauses Trading on ASX to Launch Capital Raising
October 09, 2024 07:06 PM AEDT| By Team Kalkine MediaHighlights,Neometals Ltd halts ASX trading for capital raising.,Funds aimed at lithium-ion battery recycling and resource projects.,AIM market trading remains unaffected.,Neometals Ltd (ASX:NMT), an Anglo-Australian company focused on sustainable bat...
Amaero International Insiders See Positive Gains Despite Stock Decline
October 09, 2024 10:58 AM AEDT| By Team Kalkine MediaHighlights,Amaero,International insiders saw gains despite,recent,stock dip.,Non-Executive Director's major purchase occurred at a lower price.,Insider ownership accounts for around 5.2% of the company.,Despite a recent 10% decline in Amaero Internat...
Cleanaway Waste (ASX:CWY) Growth Reflected in Price-to-Sales Ratio
October 07, 2024 05:52 PM AEDT| By Team Kalkine MediaHighlights,Cleanaway Waste Management maintains a P/S ratio of 1.7x, in line with industry norms.,The company has shown a 56% revenue increase over the past three years.,Analysts project a steady 5.6% revenue growth per year for the next three years....
Assessing the Risk of Seven Group Holdings (ASX:SVW)
October 07, 2024 05:31 PM AEDT| By Team Kalkine MediaHighlights,Seven Group Holdings carries a significant level of debt.,The company’s debt is 3 times its EBITDA, with interest covered 3.8 times by EBIT.,Cash flow conversion remains relatively low, limiting flexibility in managing debt.,Debt is often...
Electric Optic Systems (ASX:EOS) Jumps Amid Middle East Tensions
October 04, 2024 02:35 PM AEST| By Team Kalkine MediaHighlights,Electric Optic Systems rises 9.2% amid Middle East tensions.,Company reports strong revenue growth from increased weapon systems orders.,Shares up over 15% since early September.,Defence technology developer Electric Optic Systems (ASX:EOS...
Infratil's (ASX:IFT) CDC Data Centre Sees Significant Value Growth
October 04, 2024 12:13 PM AEST| By Team Kalkine MediaHighlights,Infratil's,CDC data center gains $287 million in value.,Infratil's,48% stake,now,valued at around,$4.8 billion,.,Increased customer interest drives valuation rise.,Infratil's,(ASX:IFT),CDC data center business has experienced a notable ris...
FOS Capital (ASX:FOS) Shows Strong Capacity to Manage Debt Effectively
October 04, 2024 10:08 AM AEST| By Team Kalkine MediaHighlights,FOS Capital manages debt effectively while showing,strong growth,.,Current debt levels are reasonable,relative,to earnings.,FOS Capital’s balance sheet shows manageable liabilities.,When evaluating a company's financial health, understandi...
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