News

Does venturing into Small-cap shares equates to sacrificing dividends?
September 04, 2018 01:43 PM AEST| By Team Kalkine MediaSmall-cap stocks generally have a market capitalization ranging from $300 million to about $3 Billion. Many companies in this category of market index generally are riskier than their other counterparts who have a market cap higher to a few billion d...

Evolution provides guidance on their 2018 investor day
September 04, 2018 01:28 PM AEST| By Team Kalkine MediaEvolution Mining Limited (ASX: EVN) provided its three-year outlook and high-grade drill results on their Investor Day hosted in Sydney today, i.e. 4 September 2018. In its production outlook, the company has set their gold production expectation to...

Magnis gets $11.1 million of investment
September 04, 2018 01:22 PM AEST| By Team Kalkine MediaAfter staying in trading halt for past few days, Magnis?s shares resumed trading on ASX today, i.e. 4 September 2018. The stock has slipped by 2.632% to $0.370 despite securing $11.1 million of investment today. Graphite producer Magnis Resources Li...

7 Small-cap stocks on the Rise - AO1, BPP, FIG, TZN, VRC,ASL and DRO
September 04, 2018 01:16 PM AEST| By Team Kalkine MediaASSETOWL LIMITED (ASX: AO1) ? The company saw a revenue change from HK $89.213 million in year ending 2016 to HK $94.555 in the year ending 2017. For the same period, profit for the year declined from HK $6.745 million to HK $1.349 million which is a...

Capilano’s ‘Pure Honey’ accused to be fake
September 04, 2018 12:52 PM AEST| By Team Kalkine MediaAustralia?s biggest honey producer Capilano Honey Limited (ASX: CZZ) gains traction after getting accused of selling fake honey. Recently conducted honey purity tests revealed that the Capilano?s honey which is claimed to be 100% pure is mixed with s...

Mirvac’s stock surged on new office acquisition in Melbourne
September 04, 2018 09:02 AM AEST| By Team Kalkine MediaMirvac Group climbed high on ASX as the company gets hold of future office development asset in Melbourne, VIC for $122 million. This deal represents 5.7% of initial yield. In the statement released today Mirvac group revealed the acquisition of sev...

Ausdrill shares soar high on report justifying Barminco acquisition
September 04, 2018 08:50 AM AEST| By Team Kalkine MediaAusdrill shares jumped 9.177% to $1.725 on 4 September 2018. Thanks to ongoing Barminco acquisition transaction that will create Ausdrill to become the Australia?s second largest mining services company. Today Ausdrill Limited (ASX: ASL) released no...

Shares plunged as Suncorp’s Australian Life Insurance business fell apart
September 04, 2018 08:36 AM AEST| By Team Kalkine MediaSuncorp Group?s stock was arrowed down on ASX today after the company inked a share sale deed with TAL Dai-ichi Life Australia Pty Ltd to sell its Australian life insurance business for total consideration of approximately $725 million. As recently...

8 Stocks hogging the limelight – GXY, MNS, AGY, RAP, 4CE, GGG, BUB and PLS
September 04, 2018 07:35 AM AEST| By Team Kalkine MediaGALAXY RESOURCES LIMITED (ASX: GXY) ? The company?s cash balance as of 1H 2018 is at $US45.1 million. Excluding the shipping revenue from the total, the revenue from sales of spodumene was $84.64 million for the period ending June 30, 2018, which dec...

Yellow Brick stands still on takeover bid rejection
September 04, 2018 06:17 AM AEST| By Team Kalkine MediaDirectors of Yellow Brick Road Holdings Limited remain still on their decision to reject the takeover bid offer given by Mercantile OFM Pty Ltd, a wholly-owned subsidiary of Mercantile Investment Company Ltd. On 20 August 2018, Mercantile OFM Pty Lt...

Kogan.com had a bad “mourning” today!
September 04, 2018 05:00 AM AEST| By Team Kalkine MediaInformation technology company Kogan. Com?s stock was dragged down on ASX today after the company confirmed the sale of equity interest by directors. In the release published today morning, the company confirmed that founder Ruslan Kogan and chief...

Glyphosate suspension cancelled: Nufarm
September 04, 2018 04:03 AM AEST| By Team Kalkine MediaCrop protection company Nufarm Limited today announced that the Brazilian court has now cancelled the glyphosate products suspension. Glyphosate is an herbicide that is used to control crop damages from weed. The suspension came into effective earli...

6 Stocks doing well- IMS, EWC, PLC, LCK, ANS and AXP
September 03, 2018 03:02 PM AEST| By Team Kalkine MediaIMPELUS LIMITED (ASX: IMS) - The company has an operating revenue of $25.51 million and has a normalized EBITDA of $5.93 million in the FY 2018. In line with the expectations for the FY 2018, the company reported EBITDA of $4.55 million. With an expa...

5 stocks being talked about on ASX - RAP, AHZ, LPD, CLA and CCZ
September 03, 2018 02:37 PM AEST| By Team Kalkine MediaRESAPP HEALTH LIMITED (ASX: RAP) ? It is under the health care sector and as a leading digital company, from the Australian Prospective Paediatric Clinical study, it has announced positive top-line results. As reported by the company down by 57% comp...

5 Popular Names plunging on ASX - WSA, BAL, RIO, TLS and FMG
September 03, 2018 02:22 PM AEST| By Team Kalkine MediaWESTERN AREAS LIMITED (ASX: WSA) - The company with more than 4,000 meters of planned drilling at the Investigators Prospect, has resumed the diamond drill program at the Mt Alexander Project. Despite the lower sales volume, the EBITDA is up by 62% f...

4 Stocks gaining momentum – SDA, SBM, WHC and RHC
September 03, 2018 02:11 PM AEST| By Team Kalkine MediaSpeedcast International Limited (ASX: SDA) - The stock was trading at a market price of $4.540. The stock has however, undergone a performance change of 16.48% over the past 12 months. From US$246.3 million in 2017 to US$304.9 million in 1H 2018, the...

Rural Funds Group (ASX: RFF)- Rural Funds Group announces higher distribution on 29% growth in income
September 03, 2018 01:13 PM AEST| By Team Kalkine MediaRural Funds Group announced final distribution of 2.6075 cents per stapled security on increased earnings of $44 million, an improvement of 29% on previous year. This increase of $9.77 million is mainly attributable to lease income earned from the Na...

Pro Medicus Limited (ASX: PME)- Pro Medicus’ shares are on fire today
September 03, 2018 01:07 PM AEST| By Team Kalkine MediaPro Medicus? (ASX: PME) stock jumped 6.869% to $10.890 on 3 September 2018 after the healthcare technology company recently announced strong full years results for the period ended 30 June 2018. Profit after tax has gone up by 36.7% to $12.74 millio...

ResMed sues Fisher & Paykel for Patent Infringement
September 03, 2018 12:57 PM AEST| By Team Kalkine MediaFisher & Paykel?s stock got dragged down 3.069% to $14.530 on getting hit by patent infringement allegation filed by California-based ResMed. In a recent update it was revealed that on Saturday 1 September 2018 medical equipment company ResMed h...

Transurban bags FIRB approval for Westconnex acquisition
September 03, 2018 12:53 PM AEST| By Team Kalkine MediaAfter successfully winning the acquisition bid, Transurban Group (ASX: TCL) has bagged Foreign Investment Review Board (FIRB) approval to acquire 51% stakes in Sydney?s Westconnex motorway from the Government of New South Wales. It has been announced...

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