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News
Seven West Media Ltd delivered turnaround result in FY 18
August 21, 2018 07:15 AM AEST| By Team Kalkine MediaTurnaround result in FY 18: Seven West Media Ltd.?s (ASX: SWM) stock traded flat post an initial fall of 3.29% on August 21, 2018 though the company for 2018 reported a net profit of $135.8 million compared to a net loss of $744 million in FY17. In 2...
Class Ltd rockets on strong revenue growth, profit margins & market share in FY 18
August 21, 2018 06:19 AM AEST| By Team Kalkine MediaStrong revenue growth, profit margins and market share in FY 18: Class Ltd.?s (ASX: CL1) stock climbed up by 7.2% on August 21, 2018 (3:30 PM AEST) after the company for full year 2018 delivered 9% growth in net profit after tax, EBITDA margin of 47%...
Super Retail Group Ltd.’s stock surged after posting a 7% rise in profit for FY18
August 21, 2018 06:08 AM AEST| By Team Kalkine MediaStrong FY 18 Performance: Super Retail Group Ltd.?s (ASX: SUL) stock surged about 8% on August 21, 2018 (before market close) as the company for FY 18 reported 7% rise in Normalised Net Profit After Tax (NPAT) to $145.3 million. The total group sales...
EML Payments Ltd gained momentum after delivering 43% growth in EBITDA for FY 18
August 21, 2018 05:25 AM AEST| By Team Kalkine MediaRobust Performance in FY 18: EML Payments Ltd.?s (ASX: EML) stock rose 4.14% on August 21, 2018 (before market close) as the company released its investor presentation. For FY 18, the group delivered 43% growth in EBITDA to A$20.8m as all regional bu...
Ingenia Communities Group (ASX: INA) - 30% growth in FY18 profit
August 21, 2018 05:09 AM AEST| By Team Kalkine MediaIngenia Communities Group today, 21 August 2018, announced results for the year ending 30 June 2018, posting an increase of 56% to underlying profit of $36.8 million in FY18. The company delivered statutory profit of $34.2 million, up 30% on previous...
3 Blue-chip Resource Sector Stocks on a downtrend – RIO, BHP and WPL
August 21, 2018 04:57 AM AEST| By Team Kalkine MediaRio Tinto Limited (ASX: RIO) RIO has reported a healthy half year result with underlying EBITDA of $9.2 billion. ?A better market environment drove operating cash flow of $5.2 billion. The Tier 1 assets along with operational capability helped in at...
5 Australian Biotech Stocks - CUV, BNO, CYP, TLX and BOT
August 21, 2018 01:20 AM AEST| By Team Kalkine MediaCLINUVEL PHARMACEUTICALS LIMITED (ASX: CUV) is a health care company focused on the development of SCENESSE, its proprietary first-in-class drug, as a photoprotective in a range of UV and light related skin disorders. The stock was trading at a marke...
Mineral Resources Limited (ASX: MIN) - Mineral Resources’ share price continues to rise
August 21, 2018 12:26 AM AEST| By Team Kalkine MediaThe share price of Mineral Resources Limited surged on ASX by 4.225% to $14.80 as the group?s report card for FY18 read net profit after tax of $272 million, an increase of 35% on prior year. Following to the results announcement made on last week, M...
6 Gold Stocks on ASX - MML, AGS, AMI, EVN, RRL and RND
August 21, 2018 12:14 AM AEST| By Team Kalkine MediaMedusa Mining Ltd (ASX:MML) is a metals and mining company, which is into mining exploration and production. At an AISC of the US $1,083 per ounce, total gold production stands at 95,705 ounces which was above the improved guidance of 85,000 to 90,00...
Galaxy Resources Limited (ASX: GXY) - Mineral Resource Update Created some Panic among Short Sellers
August 20, 2018 08:59 AM AEST| By Team Kalkine MediaMineral resource update by lithium miner, GXY, has drawn an alarming stage for short sellers as Galaxy Resources Limited today, i.e., on 20 August 2018, confirmed a significant increase of 14% in its measured and indicated resource at the Mount Cattl...
4 Cannabis stocks on ASX – AEB, ATP, AC8, and BDA
August 20, 2018 08:52 AM AEST| By Team Kalkine MediaWith the changing trends at global level, cannabis is expected to play an increasingly important role in the future for various industries while the sector is highly speculative. Few of the stocks under this category are discussed in the article. Af...
Nanosonics Limited (ASX: NAN) - Infection control Specialist reported significant decline in profits
August 20, 2018 07:36 AM AEST| By Team Kalkine MediaAhead of launching 2nd generation trophon platform device, trophon2, in North America and Europe, the infection control specialist, Nanosonics has come up with the full year results release for the period ending 30 June 2018. On Monday, 20 August 20...
Ansell Limited’s stock plummeted despite reporting decent performance in FY 18
August 20, 2018 06:25 AM AEST| By Team Kalkine MediaDecent FY 18 Performance: Ansell Limited?s (ASX: ANN) stock plummeted 8.2% on August 20, 2018 after the company reported FY18 Statutory Profit Attributable of $484m, that includes $345m after-tax gain on sale of Sexual Wellness and 8% rise in sales f...
Fortescue Metals Group Limited reported 58% fall in FY 18 profit
August 20, 2018 06:13 AM AEST| By Team Kalkine MediaWeak performance in FY 18: Fortescue Metals Group Limited?s (ASX: FMG) stock edged up 0.594% on August 20, 2018 (before market close) after falling initially while the company reported weak performance in FY 18 with 58% fall in annual profit after ta...
2 Supermarket Giants on a downtrend - Woolworths and Wesfarmers
August 20, 2018 06:02 AM AEST| By Team Kalkine MediaWoolworths Group Limited (WOW)? Woolworths shares were initially dragging the Australian share market lower, but later slipped down 0.98% to $29.31 by mid-day trading on August 20, 2018, despite posting 12.5% jump in profit for Fiscal Year 2018. Ret...
Beach Energy Ltd.’s stock plunged with FY 18 result
August 20, 2018 05:52 AM AEST| By Team Kalkine MediaRobust performance in FY 18: Beach Energy Ltd.?s (ASX: BPT) stock plunged 6.33% on August 20, 2018 after the release of FY18 result and the market speculation that the FY 19 capex guidance is higher than expected to deliver production similar to pro...
4 stocks relying on blockchain technology
August 20, 2018 05:45 AM AEST| By Team Kalkine MediaLinius Tech Limited (ASX: LNU) ? It is an information technology company that is engaged in commercialization and development of video file technology. The stock was trading at a market price of $0.067 and has seen a daily price change of -$0.001 or...
3 Stocks under the lens for Growth – CGL, CGC and BAP
August 20, 2018 03:15 AM AEST| By Team Kalkine MediaWhile having steady income is one thing many investors vouch for through dividend stocks, some investors eye explosive growth stocks since it is the growth of the businesses that can deliver the best result over different spans of time. Here are few...
3 Fintech Stocks to Look at – NWL, HUB, and PPS
August 20, 2018 01:52 AM AEST| By Team Kalkine MediaNetwealth Group Ltd (ASX: NWL) is a financial service company that offers a range of innovative portfolio administration, retirement, investment, superannuation, and managed accounts solutions to both investors and non-institutional intermediaries. T...
MyState Limited (ASX: MYS) - MyState Edged lower despite confirming FY18 profit at $31.5 million
August 17, 2018 08:58 AM AEST| By Team Kalkine MediaAustralian financial group, MyState Limited (ASX:MYS) today announced solid results for twelve months to 30 June 2018, delivering net profit after income tax of $31.5 million, an increase of 4.6% on the prior corresponding period 30 June 2017. With...
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