Stocks
Pacific Smiles Group Revamps Board Amid Genesis Bidco's Leadership Transition
November 29, 2024 11:54 AM AEDT| By Team Kalkine MediaHighlights,Pacific Smiles Group announces significant board restructuring,.,Genesis Bidco holds majority voting power and extends acquisition offer,.,Leadership changes,set,for December, with new appointees from Genesis Bidco,.,Pacific Smiles Group (...
OPEC+ Meeting Delay Keeps Oil Prices Steady Amid Market Uncertainty
November 29, 2024 11:51 AM AEDT| By Team Kalkine MediaHighlights,Oil prices,remain,steady with OPEC+ meeting postponed by four days,.,Key decisions on production and supply curbs expected in upcoming discussions,.,Market volatility influenced by geopolitical and global demand factors,.,Oil prices remain...
Resolute Mining Strengthens Relations with Mali Amid Challenges
November 29, 2024 11:41 AM AEDT| By Team Kalkine MediaHighlights,Resolute Mining progresses settlement with the Malian government.,Syama Gold Mine operations,remain,unaffected despite leadership detentions.,Final settlement payment scheduled for completion by late 2024.,Resolute Mining (ASX:RSG) has mad...
Domino’s Shares Down 80% From Peak, What's Happening?
November 29, 2024 11:35 AM AEDT| By Team Kalkine MediaHighlights,Sharp Decline:,Domino's Pizza Enterprises shares have fallen 40% in the past year and 80% since September 2021.,Turnaround Potential:,Goldman Sachs sees new CEO leadership and strategic changes as catalysts for recovery.,Attractive Valuati...
Gratifii Introduces Australia’s First Branded B2B Mobile Network with Member’s Mobile
November 29, 2024 11:33 AM AEDT| By Team Kalkine MediaHighlights,Gratifii,partners with,Fastter,Pty Ltd for Member’s Mobile network,.,Initiative,benefits,85 enterprise clients and,20 million users,.,Service launches branded networks within,90 days,using,Fastter’s,technology,.,Gratifii (ASX:GTI), a techn...
Morningstar Ups Pro Medicus Valuation After Major Contract Win
November 29, 2024 11:32 AM AEDT| By Team Kalkine MediaHighlights,Valuation Boost:,Morningstar raises Pro Medicus' fair value estimate by 8% to AU$43 per share.,Revenue Growth:,FY26 revenue forecast increased to AU$275 million, reflecting a key Trinity Health contract.,Stock Surge:,Pro Medicus shares hav...
IAG’s RACQ Deal Boosts Earnings Outlook; Analysts See Strong Growth
November 29, 2024 11:25 AM AEDT| By Team Kalkine MediaHighlights,Strategic Acquisition:,IAG acquires 90% of RACQ's insurance book for AU$855 million, securing a 25-year partnership.,Earnings Growth:,Morningstar raises FY26 profit forecast by 7.5%, citing immediate earnings accretion.,Stock Surge:,IAG sh...
Metcash 1H25 Results: Analysts Predict 5% NPAT Decline Amid Market Headwinds
November 29, 2024 11:23 AM AEDT| By Team Kalkine MediaHighlights,Projected NPAT Decline:,Citi forecasts Metcash’s 1H25 NPAT at AU$134 million, down 5% year-over-year.,Sector Challenges:,Declining trends in hardware and liquor markets, along with slowing price growth, weigh on revenues.,Stock Outlook:,Ci...
CSL Share Price Struggles in 2024 but Analysts Predict a Strong Rebound
November 29, 2024 11:20 AM AEDT| By Team Kalkine MediaHighlights,Underperformance in 2024:,CSL shares fell 3% compared to a 10% rise in the ASX 200 index.,Analyst Optimism:,Bell Potter forecasts a 17% upside, targeting a price of $345.00.,Growth Catalysts:,Margin recovery and strong performance from CSL...
Select Harvests Returns to Profitability with Over $1 Million Net Profit
November 29, 2024 11:18 AM AEDT| By Team Kalkine MediaHighlights,Select Harvests rebounds with net profit after a challenging FY23,.,Strong earnings before interest, tax, depreciation, and amortization recorded,.,No final dividend announced for FY24,.,Australia-based almond producer Select Harvests (ASX...
What to expect from Tuas amid rapid growth and expansion plans
November 29, 2024 11:17 AM AEDT| By Team Kalkine MediaHighlights,Impressive Growth:,Tuas Ltd's FY24 revenue surged 36%, while EBITDA jumped 60%.,Subscriber Expansion:,Mobile subscribers increased by 28% to over 1 million.,Profit Target:,Aims for full-year positive net profit in FY25, signaling financial...
Resolute Mining Navigates Settlement with Mali for Continued Gold Operations
November 29, 2024 11:16 AM AEDT| By Team Kalkine MediaHighlights:,Resolute Mining settles $160 million with Mali for operational continuity.,CEO and staff detained briefly during tax dispute resolution.,Syama gold mine operations,remain,unaffected during the period.,Resolute Mining (ASX:RSG) has reached...
Golden Horse Minerals Set to Debut on ASX with Promising Gold Ventures
November 29, 2024 11:06 AM AEDT| By Team Kalkine MediaHighlights,Golden Horse Minerals targets December 6 for its ASX debut,.,Successfully raised A$18 million, oversubscribed in its offer,.,Focused on strategic gold exploration in Southern Cross Greenstone Belt,.,Golden Horse Minerals (ASX:GHM) is poise...
Rumble Resources Moves Forward with Western Queen Development
November 28, 2024 04:30 PM AEDT| By Team Kalkine MediaHighlights:,Bain Global Resources and MEGA Resources have signed an Indicative Non-Binding Term Sheet with Rumble Resources to develop the open pit resources at the Western Queen gold project.,The plan includes the deepening and cutback of the Wester...
Strategic Shift Underway at Great Western After Yandal West Divestment
November 28, 2024 04:20 PM AEDT| By Team Kalkine MediaHighlights:,Great Western Exploration (ASX:GTE) has entered into a binding agreement to sell the Yandal West Gold Project to Albion Resources (ASX:ALB).,The transaction is set to be completed in January 2025, subject to shareholder approval and other...
Great Western Exploration Shifts Focus with Yandal West Divestment to Albion Resources
November 28, 2024 04:19 PM AEDT| By Team Kalkine MediaHighlights,Great Western Exploration transfers Yandal West project to Albion Resources.,The agreement allows Great Western Exploration to emphasize high-intensity exploration at core sites.,Transaction includes shares, performance rights, and future...
Desert Metals Reports Strong Gold Anomalies at King Kong Prospect in Côte d'Ivoire
November 28, 2024 04:16 PM AEDT| By Team Kalkine MediaHighlights,High Gold Values:,Soil and grab sampling return peak values up to 8.4 g/t gold, highlighting significant mineralization at the King Kong prospect.,Ground Geophysics Success:,A 2.4km-long chargeable anomaly coincides with gold-bearing struc...
Imricor Medical Systems Shares Surge 25% Following AI Partnership with ADIS
November 28, 2024 04:12 PM AEDT| By Team Kalkine MediaHighlights,Groundbreaking Partnership:,Imricor signs key licensing agreement with Swiss software firm ADIS to develop AI modules for its NorthStar 3D mapping system.,Stock Surge:,Shares rise 25% to a 52-week high of $1.34, driven by investor exciteme...
Algorae Pharmaceuticals Appoints Dr. Sarah Siggins to Scientific Advisory Board
November 28, 2024 04:07 PM AEDT| By Team Kalkine MediaHighlights,New Appointment:,Dr. Sarah Siggins joins Algorae’s scientific advisory board, bringing 14 years of pharmaceutical expertise.,AI Drug Discovery:,Algorae’s AI platform delivers 24 drug targets for oncology indications, progressing to preclin...
AVJennings Given Takeover Proposal by AVID Property
November 28, 2024 04:00 PM AEDT| By Team Kalkine MediaHighlights:,AVJennings (ASX:AVJ) has received a non-binding proposal from Proprium Capital Partners and AVID Property Group to acquire all outstanding shares in AVJennings through an all-cash offer.,The proposal offers a 103% premium to AVJennings' c...
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