Stock Market

Kiwi property (NZX:KPG):The Company inks deal with IKEA

Reit Stock

Owner of shopping centres and office buildings in NZ Kiwi Property Group Limited (NZX:KPG) has inked a conditional deal with IKEA to sell off 3.2 hectares of land of Sylvia Park. Source: Copyright © 2021 Kalkine Media Why is the sale and ...

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Barramundi to focus on all-weather portfolio to weather the recession storm

Barramundi to focus on all-weather portfolio to weather the recession storm

Summary Barramundi Limited gives better-than-expected results in Q2 ending December 2020. Performance due to sound investment strategies as well as a good team. For the future, BRM to focus on an all-weather portfolio, adding companies it feel...

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Here’s what Z Energy (NZX:ZEL) revealed in its 3QFY21 Report

Here’s what Z Energy (NZX:ZEL) revealed in its 3QFY21 Report

Summary In Q3FY21, the Company’s jet fuel sales have been severely impacted by the reduction in air travel, with sale volumes down by 65.4% on pcp. Strategic investment in retail stores has resulted in average-per-store revenue to go up a...

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AFI’s stocks sparkle despite company’s faded performance

AFI’s stocks sparkle despite company’s faded performance

Dual-listed Australian Foundation Investment Company Limited (NZX:AFI), which invests in Australian equities, announced its half-yearly results Wednesday. The Company, which invests in a range of sectors, including energy, telecommunications, healt...

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The Bankers Investment Trust Plc (NZX:BIT) ends FY20 on a positive note

The Bankers Investment Trust Plc (NZX:BIT) ends FY20 on a positive note

The Bankers Investment Trust Plc (NZX:BIT) achieved a positive result for the year ended 31 October 2020. The year 2020 began on a promising note with improved outlook for corporate profits and persistent low-interest rates due to bond purchases by t...

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Blackwell Global Holdings Ltd winds down finance Company operations

Blackwell Global Holdings Ltd winds down finance Company operations

Summary In a significant development, the Company has announced a major restructuring of its functions. BGI also announced the winding up of its finance. It was an ongoing challenge for BGI to raise funds. The Company will look at new options ...

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Dairy Companies Eye a Good 2021 due to their innovative strategies

Dairy Companies Eye a Good 2021 due to their innovative strategies

Summary 2020 was a good year for the dairy industry with prices of dairy products going up due to increase in demand from China and Asia. SML updated its guidance downwards but it’s confident of achieving medium to long-term objectives. ...

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Why NTL share price is on the move?

Why NTL share price is on the move?

Summary The first part of 2020 was very disruptive for NTL, but the second half saw operations picking up. The second half saw the restructuring of the Company regarding the composition of the board. The Second-stage review will focus on speci...

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Is Rakon (NZX:RAK) revised Earnings Guidance for FY2021, indicating strong performance ahead?

Is Rakon (NZX:RAK) revised Earnings Guidance for FY2021, indicating strong performance ahead?

Summary Rakon Limited has predicted underlying EBITDA for FY2021 ranging amid NZ$20m to NZ$22m, which is fairly higher compared to FY2020. With people working from home, worldwide, amid pandemic, 5G networks are still rolling out causing swelle...

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Growth curve of 3 NZX 50 Retail stocks to continue in 2021?

Growth curve of 3 NZX 50 Retail stocks to continue in 2021?

Summary 2020 ended on a positive note for the retail sector of NZ. Retail sector witnessed a surge in retail sales values in the September quarter of 2020 after a historic fall in the June quarter. Revenues for Kathmandu Holdings surged by 72%...

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Will it be wise to invest in these NZX stocks with good dividend pay-out history?

Will it be wise to invest in these NZX stocks with good dividend pay-out history?

The year, 2020, was a tough year for most of the businesses around the globe. Some companies were hit badly, but some managed to insulate themselves from the impact of COVID-19. Some indulged in cost-cutting measures and did not pay dividends to its ...

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