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News
Healthcare Dynasty with Fisher & Paykel Share Price & Cochlear Post Profit/Loss Reporting
August 19, 2020 12:15 AM AEST| By Kunal SawhneySummary Hospital hardware sales of Fisher & Paykel have continued to steadily increase over the first four months of FY21 with over 390% cc revenue growth to the end of July compared to pcp. Fisher & Paykel disclosed that, at current ex.....
Are NAB and Westpac shares still among the best in banks post the axe around dividends?
August 19, 2020 12:00 AM AEST| By Team Kalkine MediaSummary Dividends are being lowered or deferred as less money is being made because of companies preserving cash to ride out coronavirus. Westpac scrapped its interim dividend becoming the first major Australian bank to cancel the shareholder p.....
No FY21 guidance from most ASX Companies: 3 Things Investors should look at while going by luck
August 18, 2020 09:37 PM AEST| By Kunal SawhneySummary A Company’s guidance, also known as forward-looking statements, are given by the management on their future expectations. Treasury Wines did not provide guidance for FY21, while large-cap companies like AGL and Telstra downgraded .....
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Market Update: S&P/ASX200 Ended in Green; MND Gained 18.935%
August 18, 2020 08:42 PM AEST| By Team Kalkine MediaOn 18th August 2020, equity market of Australia ended in green, and the benchmark index S&P/ASX200 went up by 47 points to 6123.4. Most of the sectors on ASX closed in green, including S&P/ASX 200 Consumer Discretionary (Sector), which moved...
Going for Gold: Platina Resources' Strategic Shift Towards Expanding Australian Gold Footprint
August 18, 2020 06:46 PM AEST| By Team Kalkine MediaSummary Platina Resources has shifted its strategy towards building a gold portfolio in proven Australian provinces from overseas territories amid escalating COVID-19 related restrictions worldwide. “Going for Gold" strategy has been well.....
Mount Burgess Up 11x on ASX: Further Consolidates Nxuu Data, Naples University Publishes Kihabe Paper
August 18, 2020 04:55 PM AEST| By Team Kalkine MediaSummary Mount Burgess further consolidated Nxuu deposit drill hole data to show more clearly the continuity of mineralised domain of the deposit as known from holes drilled to date. A Paper on Mineralogy and Genesis of Kihabe Zn-Pb-V Deposit co.....
Cirralto’s ~$2.7 Million Raise to Give a Boost to Spenda Business Payments Services
August 18, 2020 04:15 PM AEST| By Team Kalkine MediaSummary Cirralto has received applications for raising $2.712 million (before costs) under a placement to investors at an issue price of A$0.01 per share. The oversubscribed placement demonstrates the investors’ understanding of Cir.....
ASX 200 Stocks with Cracking Equity Raising deals: A look at Lynas and IAG Share Price
August 18, 2020 02:38 PM AEST| By Team Kalkine MediaSummary The disruption and financial turmoil created by the COVID-19 pandemic has prompted many companies to raise capital to gain a strong capital position or liquidity. Rare Earth minerals explorer, Lynas raised ~A$425 million through institu.....
Where Are Investors Finding Value? S&P/ASX 200 All Small Ordinaries Shows Pennant Breakout
August 18, 2020 01:50 PM AEST| By Team Kalkine MediaSummary The equity market has posted some strong recovery in the last three months with many indices recovering since the onset of the June 2020 quarter. The S&P/ASX 200 has recovered ~ 40.51 per cent from the mark of 4,402.50, and while th.....
BPH Publishes Geochemical Report Findings Underlining Potential of Advent’s PEP 11 Permit
August 18, 2020 12:45 PM AEST| By Team Kalkine MediaSummary BPH has updated the market with the findings of a geochemical report that provided support to its investee Advent Energy for a well-drilling within PEP 11. The geochemical report endorses that the area encircling the planned drilling si.....
MRG Metals Continues Exploration Across Corridor Project, Begins Field Preparation for Upcoming Drilling Campaign
August 18, 2020 12:17 PM AEST| By Team Kalkine MediaSummary MRG Metals is exploring for economic deposits of heavy mineral sands (HMS) in the southern part of Mozambique and is currently focussed on the developing 13 high priority targets across the Corridor Central and Corridor South HMS portfol.....
Dark Horse Acquires Finland Gold and Sweden Tungsten Projects, Plans First Drilling Before End-2020
August 18, 2020 12:08 PM AEST| By Team Kalkine MediaSummary Dark Horse has executed permit purchase agreements (PPAs) with Sotkamo Silver AB, marking initial acquisition of the Finland Gold and Sweden Tungsten portfolio of exploration permits. Transfer of the acquired portfolio of exploration pe.....
Bill Morneau resigns from Trudeau cabinet, speculations begin on next Finance Minister
August 18, 2020 03:40 AM AEST| By Team Kalkine Medialos and deputy PM Chrystia Freeland top contenders. Finance Minister Bill Morneau stepped down from his cabinet position on Monday (August 17) amid reports of increasing rift with Prime Minister Justin Trudeau over federal spending on COVID supp...
How would your $10,000 look after one year, post buying into Mesoblast, Tyro, Whispir shares
August 17, 2020 11:35 PM AEST| By Kunal SawhneySummary Mesoblast’s Remestemcel-L (RYONCIL™) for pediatric patients with Steroid-refractory Acute Graft Versus Host disease recently receives overwhelming favour by Oncologic Drugs Advisory Committee of FDA. Tyro Payments proc.....
Old Work Horse- The US Postal Services, Not Getting Helping Hand?
August 17, 2020 11:26 PM AEST| By Team Kalkine MediaSummary The USPS is facing an acute financial crunch due to the COVID-19 health crisis with Postal Service claiming to run out of cash if package volume returns to pre-pandemic levels. The Postal Service has also warned states that it might not.....
Why did Baby Bunting, Harvey Norman and Adacel Technologies shares move north today?
August 17, 2020 11:21 PM AEST| By Kunal SawhneySummary Although the market closed in the red zone, a few companies managed to surge on ASX, supported by their result announcements. Baby Bunting Group Limited noted an 11.8% growth in total sales at A$405.2 million and declared a fully franke.....
EcoGraf’s Significant Battery Recycling Results Support Global Efforts to Increase Recycling of Li-ion Batteries
August 17, 2020 10:41 PM AEST| By Team Kalkine MediaSummary EcoGraf Limited has received high quality results from the EcoGrafTM purification of production battery anode scrap generated through the manufacturing of lithium-ion batteries. Recovery of high purity anode material of up to 99.6% carb.....
Is the fresh blow to banking sector bringing heavy sell-side headwinds? Lens on BEN and NAB share price
August 17, 2020 09:30 PM AEST| By Team Kalkine MediaSummary The banking sector drove down S&P/ASX200 index on 17 August with the Index 0.81% lower than its previous close. The shares of big 4 banks slid, while Bendigo and Adelaide Bank share price was down by 4.7% at $6.67 and NAB share pric.....
Market Update: S&P/ASX200 Gained 11.2% in Last Three Months: What Investors Need to Know
August 17, 2020 08:48 PM AEST| By Team Kalkine MediaAt the close of trading session on 17th August 2020, the equity market of Australia closed in red. The benchmark index S&P/ASX200 closed at 6076.4, reflecting a fall of 49.8 points or 0.81%. In the last three months, the index experienced a rise...
Fortnite removed from Apple store; Here’s what you need to know about Apple-Epic Clash
August 17, 2020 06:47 PM AEST| By Team Kalkine MediaApple Inc. (NYSE:AAPL) has removed Epic Games’ famous game 'Fortnite Battle Royale' from the App Store after the gaming company bypassed Apple's standard 30 per cent fee and implemented its own in-app payment system last week. Subsequently, F.....
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