Financial
The A2 Milk Company Ltd - Witnesses surge with outstanding financial performance in FY18
August 22, 2018 06:45 AM AEST| By Team Kalkine MediaOutstanding financial performance in FY 18: The A2 Milk Company Ltd.?s (ASX: A2M) stock surged 5.5% on August 22, 2018 after the company delivered outstanding financial performance in FY 18 with 116% growth in net profit after tax to NZ$195.7 million...
Flexigroup Limited (ASX: FXL) - Flexigroup share price arrowed up on FY18 results release
August 21, 2018 08:56 AM AEST| By Team Kalkine MediaThe share price of consumer finance group, Flexigroup Limited (ASX: FXL) rallied 26.72% to $2.3 as company reported FY18 profit at higher end of guidance range. In the full year results release for the period ended 30 June 2018, Flexigroup today, as...
3 Fintech Stocks to Look at – NWL, HUB, and PPS
August 20, 2018 01:52 AM AEST| By Team Kalkine MediaNetwealth Group Ltd (ASX: NWL) is a financial service company that offers a range of innovative portfolio administration, retirement, investment, superannuation, and managed accounts solutions to both investors and non-institutional intermediaries. T...
MyState Limited (ASX: MYS) - MyState Edged lower despite confirming FY18 profit at $31.5 million
August 17, 2018 08:58 AM AEST| By Team Kalkine MediaAustralian financial group, MyState Limited (ASX:MYS) today announced solid results for twelve months to 30 June 2018, delivering net profit after income tax of $31.5 million, an increase of 4.6% on the prior corresponding period 30 June 2017. With...
Insurance Australia Group Ltd Reports Slight fall in the profit for FY 18
August 15, 2018 07:57 AM AEST| By Team Kalkine MediaSlight fall in the profit for FY 18: Insurance Australia Group Ltd.?s (ASX: IAG) stock fell 5.8% on August 15, 2018 after the company for FY 18 reported 0.6% fall in the net profit after tax to $929m. During 2018, Like-for-like Gross Written Premium...
CSL Ltd Delivered Decent FY 18 Financial Performance
August 15, 2018 07:17 AM AEST| By Team Kalkine MediaDecent FY 18 Financial Performance: CSL Limited?s (ASX: CSL) stock rose 5.03% on August 15, 2018 after the company for FY 18 reported 29% growth in the reported net profit after tax to $1,729 million, slightly ahead of the company?s guidance. The com...
Wesfarmers Ltd.’s stock surging up despite a plunge in bottom-line profit
August 15, 2018 07:12 AM AEST| By Team Kalkine MediaDecent Performance in FY 18 after excluding significant items: Wesfarmers Ltd.?s (ASX: WES) stock rose 3.22% on August 15, 2018 though the company for FY 18 delivered 58.3% fall in the reported net profit after tax (NPAT) to $1,197m. This includes a...
2 Banking Sector Stocks – ANZ, NAB
August 15, 2018 06:59 AM AEST| By Team Kalkine MediaAustralia and New Zealand Banking Group Ltd (ASX: ANZ) The banking sector stock traded at $ 30.060 on August 15, 2018, up 1.4% as at 2:30 PM AEST. Release of Interim Financial Statement Highlights included the following: ????????? Net inter...
Challenger Limited (ASX: CGF) – Stock Plunges despite Unveiling Strong Capital Base
August 14, 2018 04:31 AM AEST| By Team Kalkine MediaChallenger Limited (ASX: CGF) has revealed its full year result wherein assets under management increased to more than $81 billion, which is up by 16%. This jump has been well supported by significant growth in Life sales and very strong fund flows i...
Four Financial Stocks – PMC, MFF, WMI and CGF
August 14, 2018 03:42 AM AEST| By Team Kalkine MediaPlatinum Capital Limited Platinum Capital Limited (ASX: PMC) is an investment manager focusing on international shares, and building a portfolio of listed companies from around the world. Top 10 Holdings (Source: Company Reports) [optin-monster...
Navigator Global Investments Ltd (ASX: NGI) – Shares on a sinusoidal trend post FY18 results
August 10, 2018 05:02 AM AEST| By Team Kalkine MediaInvestment manager, Navigator Global Investments Ltd (ASX: NGI) announced its result for fiscal year 2018 on 9 August 2018. The results being hosted by CEO Sean McGould and CFO Amber Stoney reported a leap of 76% in Navigator?s assets under managemen...
Is Netwealth Group Ltd (ASX: NWL) set to beat the big banks at large?
August 10, 2018 04:02 AM AEST| By Team Kalkine MediaNetwealth Group Ltd (ASX: NWL) was formed in 1999 with the objective of providing astute investors and wealth professional with a better way to invest, protect, and manage their current and future wealth. It offers a range of Superannuation and Wrap...
Magellan Financial Group Limited’s (ASX: MFG) Shares Rocketed on ASX with Full Year Results
August 09, 2018 06:43 AM AEST| By Team Kalkine MediaMagellan Financial Group Limited?s (ASX: MFG) shares climbed up 15.99 per cent on August 09, 2018 following the release of full-year results wherein revenue grew by 34 percent to $452.6 million in FY18 as compared to the last year. Profit after tax a...
Suncorp Group Limited (ASX: SUN) - Share price moves up with annual result for 2018
August 09, 2018 06:17 AM AEST| By Team Kalkine MediaA leading financial service provider, Suncorp group (ASX: SUN) today hosted the results announcement for financial year ending 30 June 2018. The company reported a 34% uplift in Net Profit After Tax on the first half, contributing to full year NPAT o...
Commonwealth Bank of Australia Up on 2018 annual result
August 08, 2018 06:55 AM AEST| By Team Kalkine MediaStock price rise despite softness in FY18 Performance: Commonwealth Bank of Australia?s (ASX:CBA) stock rose 2.47% on August 08, 2018 (before market close) despite the company for full year 2018 reported for a 4% fall in the statutory net profit afte...
AMP Limited’s Net Profit fell 74% due to misconduct inquiry
August 08, 2018 06:47 AM AEST| By Team Kalkine MediaIn line Financial Performance for 1H 2018: AMP Limited?s (ASX: AMP) stock rose 4.48% on August 8, 2018 (before market close) after the company delivered 5.7% growth in underlying profit due to cost cutting for 1H 2018. However, AMP for the first half...
2 Small cap Financial Stocks - Kina Securities (ASX: KSL) & CML Group (ASX: CGR)
August 08, 2018 04:14 AM AEST| By Team Kalkine MediaWhile the financial sector was by and large hit by Royal Commission, nevertheless few small-cap stocks have been up and running with resilient performances and are key to watch going forward. 2 examples of such stocks are dealt with in this article....
IOOF Holdings Limited (ASX: IFL) Updates on FY18 results
August 07, 2018 07:42 AM AEST| By Team Kalkine MediaIOOF Holdings Limited (ASX: IFL) has reported a record UNPAT of $191.4 million which is up by 13% for FY18. The company has reliable recurring cost management with capital expenditure reduced by $9.4 million and cost to income ratio improved by 5% to...
Flexigroup Limited (ASX: FXL) – Stock Slumps on New Chief Executive Appointment
August 06, 2018 08:36 AM AEST| By Team Kalkine MediaAfter putting three dedicated years of leadership in FXL group, Chief Executive Officer Symon Brewis- Weston decided to step down from the position with effect from 3 September 2018. Following to Symon?s resignation Australia?s financial services gia...
Beadell Resources Ltd is raising funds
August 06, 2018 08:16 AM AEST| By Team Kalkine MediaCapital Raising to fund the ongoing mill expansion: Beadell Resources Ltd.?s (ASX: BDR) stock rose 1.818% on August 06, 2018 after the company announced about its plans to raise approximately A$11.8 million through the placement of approximately 218....
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