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News
Myer Holdings’ stock nosedived on $486 million loss
September 12, 2018 04:32 AM AEST| By Team Kalkine MediaMyer Holdings? share price plunged 5.287% to $0.412 today, i.e. 12 September 2018 (1:21 PM AEST), after the company announced disappointing results for the 52 weeks to 28 July 2018. In FY18 Net Profit after tax of the company has been dragged down t...
Competition watchdog ACCC shows a green card to APA takeover bid by CKI
September 12, 2018 04:12 AM AEST| By Team Kalkine MediaThe competition watchdog ACCC has today approved Hong Kong-based CKI Consortium?s $13 billion acquisition offer for gas pipeline company APA. In the announcement to ASX today, APA Group (ASX:APA) said that Australian Competition and Consumer Commiss...
Why are these 7 stocks under scrutiny by investors – AUZ, PLS, KTD, AJM, CVN, ASN and GMC?
September 11, 2018 10:00 AM AEST| By Team Kalkine MediaThe increasing concerns of climate risks, costs related to energy prices, fluctuating demand for metals and general volatile environment have led investors ponder over some stocks lately: AUSTRALIAN MINES LIMITED (ASX: AUZ) ? The company secures $12...
Tilt Renewables inks supply deal with Victorian Government
September 11, 2018 09:30 AM AEST| By Team Kalkine MediaAustralasian renewable energy operator, Tilt Renewables Limited inked the 15 year supply deal with Victorian Government in relation to the company?s bid for the Dundonnell Wind Farm. Today, i.e. 11 September 2018, the company released the market anno...
Ramelius Resources bids to buy Tampia Hill’s gold miner Explaurum Limited
September 11, 2018 09:25 AM AEST| By Team Kalkine MediaRamelius Resources Limited (ASX:RMS) has announced an off-market takeover bid offer to buy Brisbane-based gold exploration and development company, Explaurum Limited for $59 million. The acquisition offer comes after the strategic attempt to gain con...
Woolworths hit with $100 million payout to aggrieved shareholders
September 11, 2018 09:15 AM AEST| By Team Kalkine MediaWoolworths Group Limited (ASX:WOW) is slammed with $100 million class action on the allegation that supermarket giant has failed to disclose a shock profit downgrade to its profit outlook in 2015 that has seen plunge in the value of the shareholder?s...
Telstra’s Gold Coast has become the world’s first 5G-capable site
September 11, 2018 09:11 AM AEST| By Team Kalkine MediaTelstra Corporation has ramped up its 5G network infrastructure plans which are set to roll out the fastest technology more than a year before the devices are ready to support the next generation network. Telstra?s Chief Executive Anny Penny claims t...
BrainChip becomes the first to launch SNN accelerator to the market
September 11, 2018 09:01 AM AEST| By Team Kalkine MediaThe leading neuromorphic computing company, BrainChip Holdings Ltd. (ASX: BRN) has launched the world?s first neuromorphic device for Artificial Intelligence industry- Akida Neuromorphic System-on-Chip (NSoC). With this establishment BrainChip positi...
A look through FY18 results - Telstra Corporation Limited!
September 11, 2018 08:47 AM AEST| By Team Kalkine MediaBottomline impacted due to NBN rollout and intense competition: Telstra Corporation Limited (ASX: TLS) is a well-diversified telecommunication company with the principle activity of providing mobile phones, mobile devices, home phones and broadband i...
IDP Education reports solid result for fiscal 2018
September 11, 2018 08:15 AM AEST| By Team Kalkine MediaIDP Education Limited (ASX: IEL) has reported total revenue of $487.2 million for the twelve months to 30 June 2018. This represents an increase of 24% compared to $394.2 million revenue in FY17. Earnings before interest, tax, depreciation and amorti...
3 stocks to instantly diversify your portfolio
September 11, 2018 08:04 AM AEST| By Team Kalkine MediaWhen talking about diversifying of stocks in your portfolio it becomes equally important to choose stocks from different sectors as it is to pick different stocks. Here are three stocks with exposure in various themes or segments which are discussed...
Imagion Biosystems moves closer to first-in-human clinical study
September 11, 2018 07:37 AM AEST| By Team Kalkine MediaHealthcare company Imagion Biosystems has announced the success in achieving a key milestone of optimizing nanoparticle formulation in a drive to first-in-human testing. In the announcement to ASX on 10 September 2018, the company has reported succe...
Why investment company NAOS Emerging Opportunities should be in your watchlist
September 11, 2018 06:11 AM AEST| By Team Kalkine MediaASX listed investment company NAOS Emerging Opportunities Company Limited has announced monthly investment report and NTA update as at 31 August 2018. With a prior focus on micro-cap industrial companies, NAOS has reported pre tax net tangible asset...
5 Stocks on the rise – WTC, WHC, APT, BAP and NXT
September 11, 2018 05:26 AM AEST| By Team Kalkine MediaThe markets are on the upswing with the heavy weights leading the index. Few stocks worth noting in this uptrend and are doing well lately have been mentioned in this article. WISETECH GLOBAL LIMITED (ASX: WTC) ? It is a provider of software solutio...
FOD announces distribution proposal and investment deal with Careline Australia
September 11, 2018 05:10 AM AEST| By Team Kalkine MediaThe Food Revolution Group has proposed strategic distribution agreement with health and skin care products exporter Careline Australia Pty Ltd to distribute FOD products in China, targeting additional sales of at least $20 million per annum within tw...
Chairman Geoff Wilson acquired more shares in WAM Global
September 11, 2018 04:48 AM AEST| By Team Kalkine MediaWilson Asset Management founder Geoff Wilson acquires more shares in subsidiary WAM Global Limited (ASX:WGB). On 7 September 2018 Geoffrey Wilson bought 70,937 more shares on-market in WAM Global for the total consideration of $154,982.88. It has bee...
Macquarie Group provides outlook update for FY19
September 11, 2018 03:58 AM AEST| By Team Kalkine MediaMacquarie Group has delivered strong return on equity of 16.8% for the financial year ended 30 June 2018, which is 15.2% more than previous year returns. This comes after, profit attributable to shareholders grew $2,557 million from $2,217 million in...
Stocks trading Ex-dividend Today!
September 11, 2018 03:15 AM AEST| By Team Kalkine MediaAdairs Limited Adairs Limited (ASX: ADH), a specialty retailer of homewares and home furnishings, achieved a ~19% growth in sales, amounting AUD315mn, in FY18 compared to FY17. The company declared a fully franked dividend of AUD 0.08 / share with Ex...
4 Microcap Stocks Under the Scanner – BIQ, UBI, ALC and ACF
September 11, 2018 12:26 AM AEST| By Team Kalkine MediaMicrocap are the companies with market capitalization in between $50 million to $300 million, they usually follow the high-risk high-return strategy. It is about discovering the right opportunities and investing in companies at bargain price. Here ar...
Amid drought conditions GrainCorp lifted its FY18 earnings guidance
September 10, 2018 10:12 AM AEST| By Team Kalkine MediaAustralian agribusiness company Graincorp Limited (ASX:GNC) lifted its earnings guidance for the year ended 30 September 2018. Amid severe drought conditions in New South Wales and Queensland, the company has elevated its FY18 earnings guidance with...
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