Michael Hill (ASX:MHJ) shares light up on rosy trading update

• January 05, 2021 05:59 PM NZDT
• Team Kalkine

Summary The latest acquisition of 75% stake in Matura Valley Milk will make a2 Milk Company a world-class nutritional product entity. a2 Milk Company along with its partners would start developing a middle-term facility for Matura Valley to del...

• January 04, 2021 03:05 PM NZDT
• Team Kalkine

Summary Mainfreight shares have been on an upside and are up by about 61.43% in the past 52 weeks. The Group performed strongly amid COVID-19 pandemic specially in NZ and Australian business for the half year ended 30 September 2020. MFT expec...

• January 02, 2021 12:19 AM NZDT
• Team Kalkine

Summary The a2 Milk plans to acquire MVM to build a stronghold in New Zealand Market. With an aim to develop strong ties with the CAHG and the Chinese market, the acquisition is set to be finalised in May 2021. A brief trading halt was announc...

• December 22, 2020 03:46 PM NZDT
• Team Kalkine

Summary New Zealand Rural Land Company (NZRLC) raised a minimum of NZ$75 million needed for its IPO but delayed the listing date to facilitate settlement with institutional investors. In early trading, NZRLC shares reached a high of NZ$1.31 com...

• December 18, 2020 09:27 PM NZDT
• Team Kalkine

The CopRice business of Ricegrowers Limited (trading as SunRice Group on the ASX, ASX:SGLLV) is all set to cater to Kiwis. The Company has signed a deal to take over the NZ dairy nutrition business of Inghams Group Limited.  The deal includes...

• December 18, 2020 07:23 PM NZDT
• Team Kalkine

Summary On 18 December, The a2 Milk Company lifted the trading halt, following the release of an updated IH21 and FY21 guidance. The internal sales predictions for diagou and the CBEC channels from the rest of FY21 is now materially lesser. Th...

• December 14, 2020 04:42 PM NZDT
• Team Kalkine

Fonterra Co-operative Group Limited (NZX:FCG) and Nestlé have joined hands with Dairy NZ for the expansion of plantain trial to aid in the improvement of waterways and lower on-farm greenhouse gas emissions. Source: Shutterstock Dairy NZ i...

• December 09, 2020 06:02 PM NZDT
• Team Kalkine

Summary Seeka Limited increased its PBT guidance. It presently ranges from NZ$15 million to NZ$17 million. The guidance improved because of improvement in operational earnings, cost savings and the expected gain from the sale and lease back of ...

• December 08, 2020 04:59 PM NZDT
• Team Kalkine

The Board of PGG Wrightson Limited (NZX:PGW) is determined to update guidance regarding FY2021 earnings and dividend expectations. On 8 December, at the time of writing, PGG Wrightson shares were trading at NZ$3.03, up by 5.21%. PGG Wrightson Limit...

• December 04, 2020 06:30 PM NZDT
• Kunal Sawhney

Summary QEX Logistics faced tough times in H1 of 2021, with its revenue and profit impacted due to COVID-19 related diagou sales drop and altering consumer habits in China. An estimated NZ$4.3 million of inventory was removed from its secured C...