Summary SAN possesses robust balance sheet and has substantial headroom in borrowing facilities. For six months to June 30, 2020, VGL posted robust positive operating cashflow of $16.7 million, up 123% as compared to 1H FY 2019. SKO is of the ...
Summary The quality of milk delivered by New Zealand demonstrates its distinctiveness. Therefore, companies like Synlait Milk are into safeguarding the good quality farming and business of the nation. Recently, Synlait Milk Limited reported $1....
A major overhang has been settled at the Westpac Banking Corporation (ASX:WBC) after it agreed to pay a $1.3 billion penalty in relation to the breaches of Anti-Money Laundering and Counter-Terrorism Financing Act 2006. In November 2019, the civil...
Summary Investors are identifying value stocks that have shown resilience during the pandemic and may provide higher market returns in long term or when the economy rebounds. The A2 Milk Company has shown significant resilience during FY20, wit...
Summary Rejiggering of stocks can provide opportunities for investment to retail investors. SKO has been added to S&P/NZX 50 & S&P/NZX 50 Portfolio Index and S&P/NZX MidCap Index. NZR has been removed from S&P/NZX 50 & ...
Summary After attracting the praise for successful combating Covid-19, New Zealand is once again in the grip of the relentless virus. The Alert Levels would now be reviewed on September 14, 2020. If there would be any change, it would be happen...
Summary S&P/NZX 50 index has staged a sharp recovery from the March stock market crash, delivering a return of over 38 per cent. Remarkably high levels of trading activity and strong international interest in the Kiwi share market has stimu...
Summary In 1H FY 2020, HGH posted growth of 20% as compared to 1H FY 2019 in NPAT to $39.9 million. It declared interim dividend amounting to 4.5 cps, a rise of 1.0 cps from 1H FY 2019. Despite the fall of 26% in profit from continuing op...
Numerous NZX-listed stocks have turned the corner by experiencing remarkable growth in their businesses during the highly uncertain times induced by COVID-19 crisis. Notwithstanding the headwinds from the upcoming worries of the pandemic, NZX list...
Summary Fisher & Paykel Healthcare disclosed that the Company had initiated planning for its 3rd manufacturing facility in Mexico. The a2 Milk Company announced entering exclusive due diligence (DD) on Mataura Valley Milk to explore options...
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