Consumer
Competition watchdog ACCC shows a green card to APA takeover bid by CKI
September 12, 2018 04:12 AM AEST| By Team Kalkine MediaThe competition watchdog ACCC has today approved Hong Kong-based CKI Consortium?s $13 billion acquisition offer for gas pipeline company APA. In the announcement to ASX today, APA Group (ASX:APA) said that Australian Competition and Consumer Commiss...
IDP Education reports solid result for fiscal 2018
September 11, 2018 08:15 AM AEST| By Team Kalkine MediaIDP Education Limited (ASX: IEL) has reported total revenue of $487.2 million for the twelve months to 30 June 2018. This represents an increase of 24% compared to $394.2 million revenue in FY17. Earnings before interest, tax, depreciation and amorti...
Reasons to look at Aristocrat Leisure Limited
September 10, 2018 04:23 AM AEST| By Team Kalkine MediaGaming Solutions company Aristocrat Leisure Limited (ASX:ALL) has posted $858.1 million earnings before interest, tax and amortization for the year ended 30 September 2017. This reflects an improvement of 27.4% compared to the $673.4 million EBITA ea...
9 Additions to the S&P/ASX 300 Index under September quarterly balance – AMI, CUV, IGL, JMS, KGN, MNY, MP1, PPS, and NEA
September 07, 2018 09:14 AM AEST| By Team Kalkine MediaAURELIA METALS LIMITED (ASX: AMI) ? The company?s sales revenue increased by 127% from $109 million in FY17 to $249 million in FY18 where 70% was because of increase in Hera gold. The EBITDA also increased by 182% from $48 million in FY 17 to $137 mi...
FWO discovered a big hole in Domino’s system
September 07, 2018 08:14 AM AEST| By Team Kalkine MediaThe investigator Fair Work Ombudsman issued 17 formal cautions on Dominos (ASX:DMP) after finding breaches of workplace law, non-payment to employees, inaccurate record keeping and unauthorized deductions. The report of 33 Domino?s stores audit issu...
9 stocks doing well – MLS, BRB, AX8, AGS, KPO, BD1, RMX, DTS and SWJ
September 06, 2018 10:34 AM AEST| By Team Kalkine MediaMETALS AUSTRALIA LTD (ASX: MLS) - Pursuant to the Phase-I exploration program, Magnor Exploration has commenced channel sampling at the Lac Rainy Graphite Project. In parallel with the current program of trenching and channel sampling, a project-wide...
ERM Power to buy independent engineering group, Out Performers
September 06, 2018 10:18 AM AEST| By Team Kalkine MediaERM Power Limited today announced the acquisition of Sydney-based independent engineering group, Out Performers at the cost of $12 million with an earnout over two years of up to a further $4 million. Out performers deliver large and complex commerci...
7 Beaten Down Stocks – GEM, RFG, NTC, MYR, SGM, NXT and MIN
September 05, 2018 06:32 AM AEST| By Team Kalkine MediaG8 EDUCATION LIMITED (ASX: GEM) ? There is a rapid deterioration in the $13 billion industry?s economics. The company?s occupancy level had fallen to 70.1 percent i.e. by 250 basis points year on year in the 6 months ended June 30, 2018. The company...
8 Stocks hogging the limelight – GXY, MNS, AGY, RAP, 4CE, GGG, BUB and PLS
September 04, 2018 07:35 AM AEST| By Team Kalkine MediaGALAXY RESOURCES LIMITED (ASX: GXY) ? The company?s cash balance as of 1H 2018 is at $US45.1 million. Excluding the shipping revenue from the total, the revenue from sales of spodumene was $84.64 million for the period ending June 30, 2018, which dec...
Glyphosate suspension cancelled: Nufarm
September 04, 2018 04:03 AM AEST| By Team Kalkine MediaCrop protection company Nufarm Limited today announced that the Brazilian court has now cancelled the glyphosate products suspension. Glyphosate is an herbicide that is used to control crop damages from weed. The suspension came into effective earli...
6 Stocks doing well- IMS, EWC, PLC, LCK, ANS and AXP
September 03, 2018 03:02 PM AEST| By Team Kalkine MediaIMPELUS LIMITED (ASX: IMS) - The company has an operating revenue of $25.51 million and has a normalized EBITDA of $5.93 million in the FY 2018. In line with the expectations for the FY 2018, the company reported EBITDA of $4.55 million. With an expa...
Experience company announces amendment to FY18 results release
September 03, 2018 07:08 AM AEST| By Team Kalkine MediaIn an early trade today, i.e. 3 September 2018, EXP stock rebounded 0.765% to $0.395 after the company announced amendment in FY18 results in relation to intersegment cost and revenue adjustments. Following the release of last twelve months results...
Slater & Gordon Limited (ASX: SGH)- Law Firm Slater & Gordon announced FY18 results
August 30, 2018 04:50 PM AEST| By Team Kalkine MediaSlater & Gordon Limited share price sharply fell by 6.805% to $3.150 on 30 August 2018 (8:07 PM AEST) as the company posted 12.2% decline in FY18 revenue of $159.25 million, impacted by the reduction in size of the business. Net profit after tax...
6 Stocks that nose-dived – RCR, WTC, RAC, PMP, HGM and VRS
August 30, 2018 04:28 PM AEST| By Team Kalkine MediaRCR TOMLINSON LIMITED (ASX: RCR) -To raise approximately $100 million, RCR has come up with an underwritten 1 for 1.65 pro rata non-renounceable entitlement offer, at the price of $1.00 per new share. For the year ended 30 June 2018, the company repo...
Donaco shares smashed as the casino operator declared loss of $124.5 million.
August 30, 2018 08:36 AM AEST| By Team Kalkine MediaDonaco?s stock tumbled 5.263% to $0.180 on 30 August 2018 (5:16 PM AEST) after the company announced statutory loss of $124.5 million for the financial year ended 30 June 2018. This reflects $143.9 million of non-cash impairment charges on value of S...
Virgin Australia Holdings Limited (ASX: VAH)- Stock fell on $653.3 million loss
August 29, 2018 04:33 AM AEST| By Team Kalkine MediaVirgin Australia shares fell 4% to $0.240 on 29 August 2018 after the company announced statutory loss of $653.3 million for the year ended 30 June 2018, which is more than 200% of the loss reported last year. However, group?s underlying profit befo...
8 Stocks on the Rise - AMG, CL8, PDZ, JJF, PAA, ACF, WEL and SCL
August 28, 2018 06:19 PM AEST| By Team Kalkine MediaUpdates and financials: AUSMEX MINING GROUP LIMITED (ASX: AMG) - From the 100% owned, ?The Trump? granted Mining Lease ML2549 within AMG?s suite of Cloncurry, Queensland assets, Ausmex Mining Group has announced exceptional RC drilling results. Incl...
Propel Funeral Partners Limited (ASX: PFP)- Propel Funeral declared better than expected results in the year of its IPO
August 28, 2018 06:11 PM AEST| By Team Kalkine MediaPropel Funeral (ASX: PFP) stock rebounded by 9.091% to $3.00 on 28 August 2018 after the company announced more than double of pro forma net profit after tax for the year ended 30 June 2018. Pro forma operating NPAT increased 125% to $12.3 million a...
9 stocks being talked about
August 28, 2018 05:31 PM AEST| By Team Kalkine MediaUpdates and Financials: GALAXY RESOURCES LIMITED (ASX: GXY) -?Posco and Galaxy Resource Limited have come to an agreement as per which GXY would sell a package of tenements, for cash consideration of US$280 million. The agreement would earn GXY proc...
Spark Infrastructure Group in slight pressure despite posting 6.9% rise in interim net operating cash flows
August 27, 2018 09:01 AM AEST| By Team Kalkine Media6.9% rise in net operating cash flows in 1H 2018: Spark Infrastructure Group?s (ASX: SKI) stock fell 0.42% on August 27, 2018 though the company for 1H 2018 reported 5.7% increase in the total revenue to $563.5 million, 7.6% increase in EBITDA to $42...
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