Financial services company on a 5% dividend yield
Simon Madder – CEO – Prime Financial Group provides accounting and business advisory, wealth management & capital advisory services.
Read MoreSimon Madder – CEO – Prime Financial Group provides accounting and business advisory, wealth management & capital advisory services.
Read MoreCatch up on the full webinar with presentations from Prime Financial Group (ASX: PFG), Zeotech (ASX: ZEO), Apollo Consolidated (ASX: AOP) & West Wits Mining (ASX: WWI)
Read MoreThe Australian sharemarket is set for a soft start, with SPI futures pointing to a fall of ~0.9% in early trade. This follows a 5.4% slide for iron ore and losses across US markets on Friday.
Read MoreOil weakened on Friday (although it was up for the week), copper, iron ore, gold and silver all fell sharply as worries about the health of the Chinese economy engulfed markets across the spectrum.
Read MoreAnother tough week for China and its stricken property group Evergrande with an $US80 million interest payment due to be paid and the company making it clear it has little chance of finding the money.
Read MoreA nasty selloff awaits ASX investors today after global markets slumped on Friday, driven by Covid concerns, the outlook for the US economy ahead of this week’s Fed meeting, and weak commodity prices.
Read MoreThe early fall meeting of the US Federal Reserve dominates global markets and policy thinking this week, along with the struggles by Chinese property giant Evergrande to survive its crushing $US304 billion debt burden.
Read MoreWe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. So here it is in one handy location. You’re welcome.
Read MoreFor VIP Gloves, a pre-pandemic decision to expand its Malaysian production capacity has proved a positive strategic move capitalising on Malaysia’s dominant global glove manufacturing industry.
Read MoreDespite China having spent the past year or more monstering Australia and Australian companies, the ties between both countries continue, especially in the strategically important areas of lithium mining and processing.
Read MoreSince its February high the $A has fallen on the back of global growth concerns, a slowdown in China and the Delta outbreak in Australia. AMP Capital’s Shane Oliver thinks it is due for a turnaround.
Read MoreWith the country’s economy already staggering from the impact of a multitude of unwanted problems, it is going to be a very nervous weekend in China as the stricken property giant Evergrande staggers towards a possible implosion.
Read MoreDi Brookman, analyst at Corporate Connect, has written a report on clean lithium producer Lake Resources after the company’s announcement regarding a financing agreement for its flagship Kachi project.
Read MoreBell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: Why Culture Matters.
Read MoreThe Australian sharemarket is falling by close to 1% at midday due mainly to heavy declines from major mining stocks. The iron ore price has now more than halved from the mid-May record high.
Read MoreASX200 down 64 points (0.9%) to 7395. Iress (-10%); have ended talks with potential buyer EQT as they cannot agree on a price. Iress said FY guidance still in place.
Read MoreGlobal iron ore prices crashed for a 4th session in a row this week on Thursday as the restrictions on steelmaking continued to spread into different regions of China.
Read MoreIn a major surprise, US retail sales unexpectedly jumped 0.7% last month instead of following July with another big fall as economists had forecast.
Read MoreThe Dow fell 0.2%, the S&P 500 dropped 0.2% although the Nasdaq index rose 0.1%.
Read MoreXi Jinping’s attack on business and cultural activities such as online gaming and ‘effeminate’ men on TV and film has spilled over into the once vibrant Macau casino business.
Read MoreCovid Delta continues to drain confidence around the world in the outlook for economic growth and earnings – but it hasn’t killed it stone dead as the original variant did in early 2020.
Read MoreFirst Sentier Investors’ Co-Head of Multi-Asset Solutions Kej Somaia explains how his firm uses investment signals to spot opportunities and risks that other investors may miss.
Read MoreFor the first time BHP has put some substantive flesh on the sales side of its multi-billion-dollar plunge into potash, reporting non-binding deals for up to 100% of future production from its Jansen project in Canada.
Read MoreTelstra is looking to slash another $500 million from its cost base over the next three years with its new T25 strategy, a stepped-up campaign to further drive revenue and earnings.
Read MoreWhile the continued lockdowns in much of Australia took their toll on the labour market in August, it was a different story across the Tasman, with the NZ economy growing strongly in the June quarter.
Read MoreDNR Capital Portfolio Manager Scott Kelly takes a look at the recent reporting season and focuses on some sectors that are proving attractive for income equities.
Read MoreMyer shares closed at their highest level since September 2019 after riding a 28% surge in online business to report a $51 million profit for FY2021, its best result in the past four years.
Read MoreAussie shares closed higher on Thursday despite a weaker than expected August employment release. While the ASX 200 eased from morning highs, it still added 43 points or 0.58% to 7,460.
Read MoreThe Aussie market is rebounding from yesterday’s falls with the ASX 200 well higher around lunch. While the disappointing August jobs numbers have weighed slightly, most sectors are higher led by materials, energy & communications.
Read MoreWesfarmers seems to have won the hearts and minds of the board and major shareholders of Australian Pharmaceutical Industries (API) with a lift in its proposed offer price from $1.38 cash to $1.55 a share.
Read MoreShareholders of Milton Corporation will get a fully franked special dividend of 37 cents a share once the investment house’s proposed merger with Washington H. Soul Pattinson is finalised next week.
Read MoreASX200 up 37 points (0.5%) to 7454. Whitehaven Coal (+4.3%); Australia’s environment minister has approved plans for WHC to build an open-cut coal mine in northwest NSW.
Read MoreThe Dow Jones index rose by 237 points or 0.7%. The S&P 500 index gained 0.9%. And the Nasdaq index added 124 points or 0.8%.
Read MoreSemiconductors, or microchips, are like the brains that enable electronic devices – from televisions to phones and computers – to function. They are so ubiquitous that we can just forget they are there.
Read MoreCovid Delta hit Chinese economic activity hard right across the spectrum in August, according to the final data drop for the month from the National Bureau of Statistics on Wednesday.
Read MoreSome rare joy for struggling gold tiddler Horizon Minerals as its shares rose more than 4% after it slipped out an updated mineral resource estimate for one section of its Teal project in WA.
Read MoreCan there be life after Myanmar for Myanmar Metals when it gets rid of its mine in the benighted country, changes its name and departs? Management certainly hopes so but the market remains sceptical.
Read MoreIn these strange times, with prolonged lockdowns changing the daily human experience as we know it, what can reporting season tell us about how Australians are living their lives in 2021?
Read MoreAs central banks continue to justify market interventions that are covering up some outrageous valuations, Schroders are positioning their portfolio based on economic rather than market value.
Read MoreThe Aussie market has ended its recent winning run of three sessions after the ASX 200 fell 20pts or 0.27% to 7,417.
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