News

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...

Three stocks that have fallen today
August 28, 2018 06:38 PM AEST| By Team Kalkine MediaAccent Group Limited (ASX: AX1) Accent Group?s underlying net profit after tax grew 17.9% to $47.1 million delivering underlying diluted earnings per share of 8.78 cents, up 17.3% on the prior year. Total accent group sales have gone up by 4.9% to $...

2 Stocks in a Troubled mode – RCR and LVH
August 28, 2018 06:20 PM AEST| By Team Kalkine MediaFinancials and Updates RCR TOMLINSON LIMITED (ASX: RCR) - As at August 28, 2018 RCR is looking to raise approximately $100 million from the Entitlement Offer. Under its working capital facilities, RCR?s financiers have agreed to make an additional...

8 Stocks on the Rise - AMG, CL8, PDZ, JJF, PAA, ACF, WEL and SCL
August 28, 2018 06:19 PM AEST| By Team Kalkine MediaUpdates and financials: AUSMEX MINING GROUP LIMITED (ASX: AMG) - From the 100% owned, ?The Trump? granted Mining Lease ML2549 within AMG?s suite of Cloncurry, Queensland assets, Ausmex Mining Group has announced exceptional RC drilling results. Incl...

Propel Funeral Partners Limited (ASX: PFP)- Propel Funeral declared better than expected results in the year of its IPO
August 28, 2018 06:11 PM AEST| By Team Kalkine MediaPropel Funeral (ASX: PFP) stock rebounded by 9.091% to $3.00 on 28 August 2018 after the company announced more than double of pro forma net profit after tax for the year ended 30 June 2018. Pro forma operating NPAT increased 125% to $12.3 million a...

Speedcast International Limited (ASX: SDA)- Speedcast shares crashed despite 24% growth in interim revenue
August 28, 2018 06:03 PM AEST| By Team Kalkine MediaSpeedcast International (ASX: SDA) is having its worst time on ASX as stock fell headlong 37.407% to $4.20 following half year results release on 28 August 2018. Despite having revenue up by 24%, underlying EBITDA up by 14% and Net profit after tax...

Bravura Solutions Limited (ASX: BVS)- Bravura stock surged on FY18 results
August 28, 2018 05:43 PM AEST| By Team Kalkine MediaBravura Solution today announced results for the full year ended 30 June 2018, posting 15% rise in revenue to $221.5 million which includes 26% rise in wealth management revenue driven by 32% growth in Sonata revenue. Earnings before interest tax, d...

9 stocks being talked about
August 28, 2018 05:31 PM AEST| By Team Kalkine MediaUpdates and Financials: GALAXY RESOURCES LIMITED (ASX: GXY) -?Posco and Galaxy Resource Limited have come to an agreement as per which GXY would sell a package of tenements, for cash consideration of US$280 million. The agreement would earn GXY proc...

CIMIC Group Limited (ASX: CIM)- CIMIC bags $140M Philippines tollway project
August 28, 2018 05:06 PM AEST| By Team Kalkine MediaCIMIC Group?s construction company Leighton Asia has been selected by NLEX Corporation to construct tollway project in the Philippines for $140 million. This project includes the construction of 2.6Km dual elevated tollway to connect North Luzon Expr...

Caltex Australia Limited (ASX: CTX) – Cut in dividend dragged down Caltex shares on ASX
August 28, 2018 08:17 AM AEST| By Team Kalkine MediaCaltex (ASX: CTX) stock tumbled 7.868% to $30.680 as the company reported flat growth and cut in dividend for the half year ended 30 June 2018. Net profit after tax rose 1% using Replacement cost profit (RCOP) to $296 million in 1H18, negatively impa...

Appen Limited (ASX: APX) – Appen moves up on higher interim revenue
August 28, 2018 08:12 AM AEST| By Team Kalkine MediaAppen Limited?s (ASX: APX) revenue doubled in first half year ended 30 June 2018, recording increase of 106% to $152.8 million compared to previous corresponding period. It is mainly due to Leapforce acquisition as well as organic growth in company?s...

Blackmores Limited (ASX: BKL) – Rocketing on 19% growth in profit
August 28, 2018 06:40 AM AEST| By Team Kalkine MediaBlackmores share price jumped up $16.24 after the company announced 19% hike in profit, thus delivering $70 million NPAT for the financial year ended 30 June 2018. Blackmores, (ASX: BKL) engaged in development, sales and marketing of health products...

Orocobre Limited (ASX: ORE) Rises Up - Positions itself as a low cost, high margin producer
August 28, 2018 05:23 AM AEST| By Team Kalkine MediaMining company, Orocobre (ASX: ORE) announced financial result for the year ended 30 June 2018, with record underlying net profit of US$25.7 million compared to US$13.8 million in FY17. Statutory net profit after tax was US$1.9 million after adjusti...

44 ultimate cobalt stocks
August 27, 2018 01:27 PM AEST| By Team Kalkine MediaGiven the huge demand for lithium batteries in EVs and other devices which is evident from the global supply shortage of Cobalt,?cobalt stocks have gained traction lately.?From an investment perspective, the overall sentiment for cobalt is extremely...

Fisher & Paykel Clocks New High On The Back Of New Product Launch
August 27, 2018 09:47 AM AEST| By Team Kalkine MediaFisher & Paykel Healthcare Corp Ltd is into designing and marketing of the medical device products and system concerned with the respiratory care, acute care and the treatment of obstructive sleep apnea. The company has its footprints in North Am...

Great Boulder (ASX: GBR) Confirms Nickel-copper-cobalt sulphide mineralization As Stock Takes A Breather
August 27, 2018 09:39 AM AEST| By Team Kalkine MediaGreat Boulder shares rallied around 40% this month as the news of the company hitting a major sulphide mineralization at the Eastern Mafic Complex broke. The company recently announced about their first assays from drilling work being conducted at t...

Reliance Worldwide Corporation Ltd came under pressure on missing analysts’ estimates for 2018 profit
August 27, 2018 09:17 AM AEST| By Team Kalkine MediaDecent Performance in FY 18: Reliance Worldwide Corporation Ltd (ASX: RWC) saw its stock tumbling 8.41% on August 27, 2018 after the company for FY 18 reported 20% growth in underlying net profit to $78.6 million. This is below the analysts? estimate...

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