Industrial Stocks

MFT, MOV, POT: Stocks in news as Govt eyes Wellington's transport revamp

  • June 29, 2022 02:44 PM NZST
  • Sonal
 MFT, MOV, POT: Stocks in news as Govt eyes Wellington's transport revamp

NZ Government has announced that it would go ahead with the light rail network and a new Mt Victoria tunnel as its choice. The plan is part of the Let’s Get Wellington Moving (LGWM) project,

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CMO, TRA: 2 dealership stocks as Armstrong delays listings on NZX & ASX

CMO, TRA: 2 dealership stocks as Armstrong delays listings on NZX & ASX

  • March 21, 2022 09:58 PM NZDT
  • Manika

Highlights  Armstrong dealership has deferred its listings plans on the share market. It will wait for stable market conditions to emerge. The company says market turbulence, macro-economic conditions and the Russia-Ukraine war are all cr...

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MFT & 2 other NZX freight & logistics stocks to keep an eye on in March

MFT & 2 other NZX freight & logistics stocks to keep an eye on in March

  • March 21, 2022 04:51 PM NZDT
  • Sonal

Highlights The freight and logistics sector in NZ has witnessed a boom amid changing buyer habits and a surge in online shopping amid the COVID-19 pandemic. Freightways reported a 7.7% rise in EBITDA on pcp in H1 FY22 due to a strong recovery a...

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AIR, AIA: 2 travel stocks as NZ prepares for international tourists

AIR, AIA: 2 travel stocks as NZ prepares for international tourists

Highlights New Zealand is all set to welcome fully vaxxed Australians from April and travellers from visa-waiver countries from May. Air New Zealand suffers loss in its interim performance, owing to lockdowns and international travel restrictio...

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AIR, SKO in focus as Tourism NZ launches 'wildest dreams' campaign

AIR, SKO in focus as Tourism NZ launches 'wildest dreams' campaign

Highlights  Tourism NZ kickstarts a new campaign to persuade its Trans-Tasman cousins to start planning their NZ trips. Air New Zealand releases its interim performance, substantially impacted by the COVID-19 pandemic. Serko sees no direc...

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AIR, AIA- 2 aviation stocks in focus as NZ Govt extends support

AIR, AIA- 2 aviation stocks in focus as NZ Govt extends support

Highlights The NZ Government has extended the MIAC scheme to support its aviation sector. Air New Zealand reports interim loss, working towards its goal of being carbon neutral by 2050. Auckland International Airport reports a decline in its r...

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FRE & AIA: 2 transportation stocks to watch as petrol gets pricier

FRE & AIA: 2 transportation stocks to watch as petrol gets pricier

  • March 09, 2022 06:17 PM NZDT
  • Manika

Highlights The price of petrol increases by NZ$1 per litre in only three months. According to industry analysts, it is set to increase further. The international price of oil is expected to touch US$150 a barrel if the conflict is not resolved...

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Hunting for transportation stocks? 3 NZX stocks that can be looked at

Hunting for transportation stocks? 3 NZX stocks that can be looked at

Highlights Transportation stocks are crucial for unwinding supply chain disruptions. Mainfreight is optimistic for the future with increased freight volumes and improved business performance. Auckland International Airport expects a solid reco...

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MOV, MFT & FRE: 3 NZX stocks to consider amid supply chain woes

MOV, MFT & FRE: 3 NZX stocks to consider amid supply chain woes

  • February 21, 2022 08:03 PM NZDT
  • Manika

The pandemic has exposed NZ’s vulnerability to global supply chain disruptions. There are many factors that have caused the supply chain to be disturbed. Inflation is fueling further disruptions as when prices go up, all the goods increase. ...

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Why did Freightways (NZE:FRE) shine despite supply chain disruptions?

Why did Freightways (NZE:FRE) shine despite supply chain disruptions?

  • February 21, 2022 04:15 PM NZDT
  • Manika

Highlights Freightways reports top-line revenue growth of 7.7%.  Registers an NPAT growth of 7.4%.  Declares 18 cps as an interim dividend. Freightways Limited (NZX:FRE) today announced its half-year results for FY22, in which, ...

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How is Mainfreight (NZX:MFT) coping with Omicron effects?

How is Mainfreight (NZX:MFT) coping with Omicron effects?

  • February 10, 2022 04:29 PM NZDT
  • Sonal

Highlights Mainfreight provided a trading update on 2 February. The Group has reported satisfactory YTD results, but Omicron-related curbs have impacted service levels. The Group on 26 May is due to release its financial results for the year t...

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