Almonds Very Tasty For Select Harvests
Another mid cap with a solid interim out yesterday was Select Harvests (SHV) which boosted underlying profit 17% to $21.5 million for the six months to December.
Read MoreAnother mid cap with a solid interim out yesterday was Select Harvests (SHV) which boosted underlying profit 17% to $21.5 million for the six months to December.
Read MoreKerrunch … that’s the sound of the country’s investment boom collapsing, as forecast by the Reserve Bank, successive Federal Governments and every economist worth their laptop and Twitter account.
Read MoreDespite some nasty red ink, directors of Ausdrill (ASL) have attempted to keep faith with investors by declaring a one cent a share interim dividend for the six months to December.
Read MoreShares in Ramsay Health Care (RHC) rose more than 4% in yesterday’s general sell-off to hit an all time high during trading, after it reported yet another solid half year result, lifted interim dividend and upgraded its full year revenue and earnings guidance.
Read MoreShares in discount furniture retailer Fantastic Holdings (FAN) jumped to their highest level in more than a year yesterday after it surprised the market with a 43% surge in interim profit and fat rewards for patient shareholders.
Read MoreQantas (QAN) has again stiffed shareholders by withholding an interim dividend, despite storming back to profit in the six months to December 31, thanks to the plunge in oil prices and the bitter cost cutting of the past 18 months.
Read MoreThe home building boom seems to have helped cement maker Adelaide Brighton (ABC) to new record profits and revenue figures for the 2014 financial year, which wrapped up on December 31.
Read MoreWorleyParsons (WOR) shares tumbled in the wake of a gloomy outlook issued by the mining, oil and gas engineering and services specialist.
Read MoreAnd the tiddler soars … a 32% plus jump in the depressed share price of battered contract miner and civil engineer Macmahon Holdings (MAH) stood out on the ASX yesterday as the company revealed more cuts to spending and a lowered guidance for the 2014-15 financial year.
Read MoreA pot of gold that lies in successfully selling carbs and coffee to more and more Australians has been the speciality of Retail Food Group (RFG) now for some years as it has put together the largest listed cafe and bakery based retailing group in the country.
Read MoreNow here is a challenge for Qantas (QAN) as we prepare for its big profit announcement tomorrow morning – will it join Air New Zealand (AIZ) in paying a dividend to shareholders – or rather will the Qantas board have the sense to reward the tens of thousands of loyal shareholders who have sat suffering for years waiting to again received a crumb or two on their investments.
Read MoreShares in travel group Flight Centre Travel Group (FLT) jumped more than 12% yesterday after the feared slowdown caused by fewer Australians travelling offshore because of the weakening Australian dollar, failed to have any real impact on the company’s performance.
Read MoreStandby for a surge in interest in BHP Billiton’s (BHP) ‘rats and mice’ collection of unwanted assets in aluminium, nickel, manganese and thermal coal after some of them staged solid recoveries in earnings in the six months to December 31.
Read MoreIt’s another example where takeovers destroy value and cause problems out of proportion to the claimed benefits.
Read MorePatties Foods (PFL) has done the right thing by dropping plans to pay an interim dividend until it sorts out the cost and other problems associated with the its Chile/Chinese berry hepatitis poisoning scare.
Read MoreDespite the expected sharp fall in interim profit, BHP Billiton (BHP) shareholders will get a $US0.62 interim dividend, compared to the $US0.59 cent dividend paid a year ago.
Read MoreQBE Insurance Group (QBE) has bounced back from a US$254 million loss in 2013, to post a US$742 million profit for the year to 2014.
Read MoreInvestors were far more accommodating to the solid result from Lend Lease (LLC) yesterday, compared with the reception given to the BlueScope (BSL) rebound.
Read MoreBelieve it or not Boart Longyear (BLY), the struggling drilling company, the one with more than nine lives and escapes from near ruin in the past few years – now survives to live another year, judging by its full year report yesterday.
Read MoreWhile BlueScope Steel (BSL) reported a strong, 62% jump in underlying half-year profit to $79.6 million and the return to paying dividends for the six months to December, 2014, the market was distinctly unimpressed yesterday.
Read MoreGlobal developer and funds manager, Lend Lease (LLC) has boosted interim dividend after lifting after tax profit for the December half year to $315.6 million.
Read MoreBlueScope Steel (BSL) has reported a strong, 62% jump in underlying half-year profit to $79.6 million as the lower Australian dollar and stronger steel margins boosted earnings.
Read MoreAnother big week of data, especially inflation in several major economies, plus the second estimate of US 4th quarter GDP, and earnings here, in the US, Asia and Europe.
Read MoreShares in struggling mining contractor and civil engineer, Macmahon Holdings (MAH) will come under renewed pressure this morning after it lost a major, multi-million dollar iron ore mining contract with Fortescue Metals Group (FMG).
Read MoreThe Australian December half profit reporting season heads towards its conclusion this Friday with over 80 major companies reporting this week including BHP, QBE, Worley Parsons, Qantas, Westfield and Woolworths.
Read MoreCrude-oil futures will start this week on the backfoot after suffering their first weekly loss in a month last week.
Read MoreThe Australian share market will be starting trading this morning with modest gains of around 10 to 15 points after a record finish in New York on Saturday morning, our time.
Read MoreWesfarmers (WES) will pay a higher interim dividend after lifting profit 8.3% to $1.376 billion on a modest rise in sales for the six months to December 31 – a result which hid some quite strong results in most of its retail chains.
Read MoreIt was something of a relief rally in the shares of Super Retail Group (SUL) yesterday as the company reported a fall in earnings and took restructuring costs in Australia designed to put some pep into sales and earnings growth.
Read MoreWe’ve seen modest results from two major local media companies this week – Fairfax Media (FXJ) and Seven West Media (SWM) – which don’t provide much in the way of confidence about their longer term outlooks.
Read MoreOn Wednesday, Seven West Media (SWM) was forced to recognise the sharp slide in its share price and worsening in the outlook for broadcast TV and by writing down the value of its TV licences.
Read MoreJapan Post’s $6.5 billion agreed purchase of Toll Holdings (TOL) is all over bar the celebrating and the distribution of hundreds of millions in dollars to the main people behind the growth in Toll – including well over $340 million to Paul Little, the company’s recently retired CEO.
Read MoreAnother weak report yesterday from discount general merchandise retailer The Reject Shop (TRS) saw its interim dividend cut after a 24% plunge in net profit.
Read MoreWas the 2014 result for Woodside as good as it gets as the slide in oil and gas prices will almost certainly carve great chunks out of the 2015 revenues and earnings for the country’s major listed energy group?
Read MoreComplaining about inaction by Canberra on its anti dumping complaints, as Arrium (ARI) CEO, Andrew Roberts yesterday did to media and analysts will only serve to drag attention back to the gorilla in the balance sheet – the $1.5 billion net loss for the six months to December 31.
Read MoreThe 2014-15 financial year is turning out to be a year of consolidation and some strain for Insurance Australia Group (IAG) as it swallows the $1.8 billion plus insurance operations of Wesfarmers (WES) and has to deal with intensifying pressure for customers and premiums.
Read MoreAnd still in the consumer space and the consumer electronics retailer Dick Smith (DSH) is confident of meeting full targets for a 10% rise in sales, despite a moderate performance in the six months to December.
Read MoreAccording to the market, Pacific Brands (PBG) is a company going nowhere – a feeling confirmed by yet another dull interim report yesterday which had no real rays of light for long-patient shareholders.
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