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Article Published on Oct 24, 2018 AEDT

GPT Group upgrades its FY18 guidance on FFO and distributions

https://kalkinemedia.com/au/news/gpt-group-upgrades-its-fy18-guidance-on-ffo-and-distributions

The stock price of property giant GPT Group (ASX: GPT) surged up on upgraded guidance and the release of operational update for the quarter ended 30 September 2018. It has gone up by 1.972% to close at $5.170 today, i.e. 24 October 2018. GPT Group ha...

Article Published on Oct 24, 2018 AEDT

3 Resources Stocks Under Spotlight – AVZ, GXY and AGY

https://kalkinemedia.com/au/news/blog/3-resources-stocks-under-spotlight-avz-gxy-and-agy

Australia resources sector has experienced a significant increase in M&A activity over the past two years which is attributed to the increased prices of commodity and diversion in the strategic directions. There is a lot of divestment of Australi...

Article Published on Oct 24, 2018 AEDT

Market Update: Trade War Fears Continue To Disrupt Market Sentiments

https://kalkinemedia.com/au/news/market-updates/trade-war-fears-continue-to-disrupt-market-sentiments

The US markets ended on a weaker note on October 23, 2018 as Dow Jones Industrial Average settled the day at 25,191.43 which implies that the index fell by 125.98 points or 0.50%. It can be said that currently the markets are being driven by the earn...

Article Published on Oct 24, 2018 AEDT

Newcrest’s Gold Production Dipped During The September Quarter Ahead Of Planned Shutdowns

https://kalkinemedia.com/au/news/newcrests-gold-production-dipped-during-the-september-quarter-ahead-of-planned-shutdowns

Newcrest?s gold production in September quarter slipped 548 koz, 14% lower than the previous June 2018 quarter due to major plants shutdown as planned by the company. It reflects the lower production at Lihir, Telfer and Gosowong, partially offset by...

Article Published on Oct 24, 2018 AEDT

Increased Death Rate Of 67% Has Increased The Revenue Of Propel Funeral Partners Limited By 76%

https://kalkinemedia.com/au/news/increased-death-rate-of-67-has-increased-the-revenue-of-propel-funeral-partners-limited-by-76

In the conference held on 24 October 2018, the managing director of Propel funeral Partners limited, (ASX: PFP) Albin Kurti had shared the trading update on Q1 FY19 and the general outlook for the 1H FY19. In the FY18, the company was able to genera...

Article Published on Oct 24, 2018 AEDT

5 Healthcare/Biotech stocks – RAP, BIT, BD1, GTG and ADO

https://kalkinemedia.com/au/news/blog/5-healthcare-biotech-stocks-rap-bit-bd1-gtg-and-ado

From a broad spectrum of local and off-shore funding bodies, Healthcare and Bio technology innovation continue to be major areas of investment. Reaching $8.67B in aggregated revenues by 2021, the Australian biotechnology industry is expected to grow ...

Article Published on Oct 24, 2018 AEDT

EN1’s CEO Discussed The Importance Of IconicReach With World’s Youngest IPO Maker Mr. Fleyshman

https://kalkinemedia.com/au/news/en1s-ceo-discussed-the-importance-of-iconicreach-with-worlds-youngest-ipo-maker-mr-fleyshman

engage:BDR Limited (ASX: EN1) is an advertising company and it recently informed the market about its progressive approach to digital advertising. The company revealed that it is actively working with well-known social media expert Mr. Dan Fleyshman,...

Article Published on Oct 24, 2018 AEDT

AGL Energy’s Earnings Expected To Decline As Federal Government Plans To Force Down Electricity Pr...

https://kalkinemedia.com/au/news/agl-energys-earnings-expected-to-decline-as-federal-government-plans-to-force-down-electricity-prices

The Australian Prime Minister, Mr. Scott Morrison?recently outlined four market intervention measures which are designed to force down the electricity?costs. The first measure is to force power companies to offer default price contracts?which will en...

Article Published on Oct 24, 2018 AEDT

Oil Prices Witnessing A Fall: Should You Be Concerned?

https://kalkinemedia.com/au/news/oil-prices-witnessing-a-fall-should-you-be-concerned

It seems like the oil traders have loads of analysis to do before they take a call. Earlier, there were tensions regarding the increased oil prices on the back of US sanctions on the exports of Iran. The impacts of the heightened oil prices have been...

Article Published on Oct 24, 2018 AEDT

Esports Mogul Completed The Development Of Mogul Arena’s First Stage Of Monetization

https://kalkinemedia.com/au/news/esports-mogul-completed-the-development-of-mogul-arenas-first-stage-of-monetization

On 24 October 2018, Esports Mogul Asia Pacific Limited (ASX: ESH) announced that they have finalized the development of the first stage of monetization for their tournament platform, Mogul Arena. Despite this news the share price of the company remai...

Article Published on Oct 24, 2018 AEDT

Mesoblast Expands Partnership With Japan’s JCR Pharmaceuticals

https://kalkinemedia.com/au/news/mesoblast-expands-partnership-with-japans-jcr-pharmaceuticals

Dually listed on Australian Securities Exchange and Nasdaq, Mesoblast Limited (ASX: MSB) has announced the partnership extension with Japan based JCR Pharmaceuticals Co. Ltd. for the treatment of skin disease. Under the expanded license agreement, M...

Article Published on Oct 24, 2018 AEDT

The Share Price Of Treasury Wine Estates Ltd Tumbled After The Release Of Export Data Of 12 Months

https://kalkinemedia.com/au/news/the-share-price-of-treasury-wine-estates-ltd-tumbled-after-the-release-of-export-data-of-12-months

The Treasury Wine Estates Ltd (ASX: TWE) share price has tumbled down on Wednesday and was amongst the worst performers on the local market. The share price dropped down by 5% ($15.43) which was the outcome of the release of export data from Wine ...

Article Published on Oct 24, 2018 AEDT

CLSA Analysts Have Initiated Coverage On Coronado Global Resources

https://kalkinemedia.com/au/news/clsa-analysts-have-initiated-coverage-on-coronado-global-resources

With a sell recommendation and $2.40 price target, citing stretched valuations, a coverage on Coronado Global Resources has been initiated by CLSA analysts. Opportunistically exiting less than seven months after buying its key asset, the company is w...

Article Published on Oct 24, 2018 AEDT

Senex Shares Crashed On Lower Sales Revenue In The First Quarter Of Fiscal 2019

https://kalkinemedia.com/au/news/senex-shares-crashed-on-lower-sales-revenue-in-the-first-quarter-of-fiscal-2019

The stock of oil and gas exploration company Senex Energy has nosedived 6.452% on lower sales revenue in September quarter. In the quarterly report for three months ended 30 September 2018, Senex Energy Limited (ASX: SXY) has reported 4% decline in ...

Article Published on Oct 24, 2018 AEDT

Iluka Resources Limited (ASX:ILU) Edged Down Post Quarterly Review Update

https://kalkinemedia.com/au/news/iluka-resources-limited-asxilu-edged-down-post-quarterly-review-update

For the September 2018 quarter, Iluka Resources Limited (ASX:ILU) stated that market conditions remained strong for zircon and high-grade titanium dioxide with sales volumes being limited by production. Zircon sales for the third quarter showed 9% in...

Article Published on Oct 24, 2018 AEDT

MGC’s Cannabis Ingredient Product Taking Grounds Over Its Pharma Products

https://kalkinemedia.com/au/news/mgcs-cannabis-ingredient-product-taking-grounds-over-its-pharma-products

A price tag of $140 million is assigned to medical cannabis biopharma company (ASX: MCX) by the Edison Investment Research company. The per share value of the company is 66% above the existing stock price which is approximately 11cents per share. As...

Article Published on Oct 24, 2018 AEDT

NAB's Mike Baird Says, Super Fund Assets At 'Tipping Point'

https://kalkinemedia.com/au/news/nabs-mike-baird-says-super-fund-assets-at-tipping-point

To finance business lending, a push for superannuation funds is at a tilting point especially after the value of bank loans were overtaken by the size of the compulsory retirement savings system, said by the National Australia Bank?s executive Mike B...

Article Published on Oct 24, 2018 AEDT

Tesla Shares Witnessed Strong Momentum: Market Players Forgot Criticism?

https://kalkinemedia.com/au/news/tesla-shares-witnessed-strong-momentum-market-players-forgot-criticism

Not so long ago, Tesla Inc. (NASDAQ: TSLA) has been dealing with loads of criticism as billionaire Elon Musk has been dealing with the rough patch. Securities and Exchange Commission or SEC stated that Mr. Musk has been misleading the investors by sa...

Article Published on Oct 24, 2018 AEDT

BARD1’s Shares Mounted On ASX After Developing World-First Blood Test For Breast Cancer Detection

https://kalkinemedia.com/au/news/bard1s-shares-mounted-on-asx-after-developing-world-first-blood-test-for-breast-cancer-detection

Breast cancer is one of the most common cancer in women and it is the second leading cause of cancer overall after lung cancer. In 2018, around 2.1 million new cases were diagnosed with breast cancer and 626,679 deaths occurred due to breast cancer. ...

Article Published on Oct 24, 2018 AEDT

Export Of Australian Wines Witnessed Strong Growth Offsetting US Impact

https://kalkinemedia.com/au/news/export-in-australian-wines-witnessed-strong-growth-offsetting-us-impact

On October 24, 2018, Wine Australian released data of the exports of Australian wine and broadly the momentum was positive. The robust growth momentum was visible in the exports in regard to volume as well as value. For the 12 months ended September ...

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