News

Donaco shares smashed as the casino operator declared loss of $124.5 million.
August 30, 2018 08:36 AM AEST| By Team Kalkine MediaDonaco?s stock tumbled 5.263% to $0.180 on 30 August 2018 (5:16 PM AEST) after the company announced statutory loss of $124.5 million for the financial year ended 30 June 2018. This reflects $143.9 million of non-cash impairment charges on value of S...

Clean TeQ Holdings Limited (ASX: CLQ)- Clean TeQ selects MCC for its sunrise nickel cobalt scandium project
August 30, 2018 08:23 AM AEST| By Team Kalkine MediaClean TeQ Holdings Limited (ASX: CLQ) today announced their selection of Metallurgical Corporation of China Ltd (MCC) as a key project delivery partner for the Clean TeQ Sunrise Project, a sunrise nickel cobalt scandiums project in New South Wales....

3 Blue-Chip and Mid-Cap Stocks on the Rise – TLS, BLD, NXT
August 30, 2018 08:11 AM AEST| By Team Kalkine MediaTELSTRA CORPORATION LIMITED (ASX: TLS) - The results are in line with guidance and the company shows strong subscriber growth in both fixed and mobile, despite the challenges in the market in FY18. A fully franked final dividend of 11 cents per share...

Sandfire’s profit grew 59% on the back of copper price gains
August 30, 2018 08:10 AM AEST| By Team Kalkine MediaSandfire Resources (ASX: SFR) NL today announced annual results for the 12 months to 30 June 2018. Net profit after tax attributable to members massively increased by 59% to $123.0 million, driven by high copper price and strong margins at DeGrussa C...

Ramsay Health Care Limited (ASX: RHC)- Ramsay Health Care arrowed down on ASX as net profit declined 20.6%
August 30, 2018 07:41 AM AEST| By Team Kalkine MediaRamsay Health Care (ASX: RHC) reported 7.0% rise in core earnings per share to 279.8 cents and 6.8% rise in core net profit to $579.3 million for the year ended 30 June 2018. Group?s revenue increased 5.4% to $9.2 billion including 5.5% growth in Aus...

Transurban Group (ASX: TCL)- ACCC paves the way to Transurban’s WestConnex bid
August 30, 2018 07:16 AM AEST| By Team Kalkine MediaACCC gives a green card to the bid proposed by TCL led consortium for the acquisition of majority interest in the WestConnex motorway, following the acceptance of detailed undertaking published by Transurban group. Transurban Group is a lead member...

TPG and VHA’s possible merger takes a next move
August 30, 2018 05:13 AM AEST| By Team Kalkine MediaFollowing to the confirmation of exploratory merger discussion released on 22 August 2018, TPG Telecom (ASX: TPM) today, i.e. 30 August 2018, announced a proposed merger of equals transaction with Vodafone Hutchison Australia (VHA) in which TPG share...

2 Stocks that moved up and 2 that moved down – PGH, ING, RWC and SUL
August 29, 2018 06:00 PM AEST| By Team Kalkine MediaPACT GROUP HOLDINGS LTD (ASX: PGH) - The positive outlook boosted the stock upward. The company had significant EBITDA impact of $13 million from higher input costs with financial results of EBITDA at $237 million which is up by 2%. In line with the...

8 Small-caps that plunged – YPB, PRT, SHO, PSZ, ELO, CV1, LPD and N27
August 29, 2018 05:05 PM AEST| By Team Kalkine MediaYPB GROUP LTD (ASX: YPB) - The company First Growth Funds Limited has made investment into YPB Group Limited and has introduced Blockchain Global Limited and DigitalX Limited as strategic partners to the transaction. The company has received $3.12 mi...

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...

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