Stock Market

What boosted CDL’s (NZX:CDI) profits in half year?

  • August 10, 2022 04:44 PM NZST
  • Manika
 What boosted CDL’s (NZX:CDI) profits in half year?

CDI’s operating profit after tax was up to NZ$22 million CDI’s revenue went down to NZ$47.81 million from NZ$61.27 million Warehousing projects have been the company’s highlights of the year so far

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Popularly Traded Stocks on NZX- FPH MET ATM

Popularly Traded Stocks on NZX- FPH MET ATM

Summary Share markets are very volatile, and one must consider the risk factors before investing their hard-earned money. To minimize the risk factor, one should opt for diversification. Solely looking at price movements is not advisable, one ...

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Gear up travellers! Air New Zealand’s new digital tool for credit redemption just went live

Gear up travellers! Air New Zealand’s new digital tool for credit redemption just went live

Summary Air New Zealand has managed to play at the front foot with its innovative digital tools such as Airband, a monitoring wristband for unaccompanied minors and an AI-enabled chatbot answering commonly asked travel questions. AIR launched t...

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Fonterra Increases Farmgate Milk Prices as Demand from China Rises

Fonterra Increases Farmgate Milk Prices as Demand from China Rises

Summary The dairy industry in New Zealand is the biggest export earner and exports nearly 95% of its total production. China is the biggest importer of dairy products from the country. Fonterra lifted farmgate milk price forecast range for the ...

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Augusta Charting Out Plan Around Centuria Capital Takeover

Augusta Charting Out Plan Around Centuria Capital Takeover

Summary Centuria Capital’s second acquisition bid offers half the price to acquire shares in Augusta Capital.  Centuria expects to provide ''a much larger, high quality and highly complementary Trans-Tasman real estate platform...

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Did You Miss These NZ Stocks In Your Portfolio- PPH, SKT, FBU​?

Did You Miss These NZ Stocks In Your Portfolio- PPH, SKT, FBU​?

Summary New Zealand resisted COVID-19 in commendable flair and subsequently, investor confidence remained quite steady amid the global market downturn. Currently, as its market continues to attract foreign investors too, New Zealanders are gear...

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Bear Market Brain Game-Do Markets Affect Your Brain While Jolting Your Pockets?

Bear Market Brain Game-Do Markets Affect Your Brain While Jolting Your Pockets?

The great Charlie Munger believes that many with high IQs are dreadful investors as they demonstrate terrible temperaments. One needs to keep irrational, raw emotion well under control to thrive in a stock market. The dynamic stock market goes th...

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5 Stocks Under Investors’ Radar- SNC, BGI, MHJ, VGL, GXH

5 Stocks Under Investors’ Radar- SNC, BGI, MHJ, VGL, GXH

Summary BGI continues to explore innovative new initiatives in order to secure more funding with the view to continue growing the finance company operation. VGL responded to the challenging circumstances presented by coronavirus pandemic by tak...

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5 Stocks Trading Above NZ$10 - A Brief Look

5 Stocks Trading Above NZ$10 - A Brief Look

Summary While choosing a stock for investment, focus should be on key fundamental parameters and past performance. Fundamental valuation should be incorporated for detailed assessment. EBOS is in a robust financial position which could help th...

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Why are investors looking at these stocks - AFC, NTL, IKE, and MFT?

Why are investors looking at these stocks - AFC, NTL, IKE, and MFT?

Summary Companies with FY2020 ended 31 March 2020 have recently released their results which has shifted the focus of market players from COVID-19 to Company financials. AFC Group Holdings reported a drop in the revenue by 53% to NZ$1.235 milli...

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Centuria Capital Steps Forward on Takeover Offer for Kiwi Property Manager, Augusta Capital

Centuria Capital Steps Forward on Takeover Offer for Kiwi Property Manager, Augusta Capital

Summary Centuria Capital’s takeover bid for Augusta is now unconditional, with Augusta shareholders to receive NZ$ 0.22 in cash along with 0.392 Centuria stapled securities for each Augusta share. Acceptances to Centuria’s full take...

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