Broker Comments for 21/09/12
PMV The driver of our below guidance forecast is a weaker than expected sales performance through FY12. When management initially provided earnings guidance to the market we believe they were...
View ArticleBroker Comments for 16/10/12
RIO Rio Tinto chief executive Tom Albanese said “We have delivered another strong set of production results in the third quarter, including record quarterly Pilbara iron ore production. Copper,...
View ArticleWorld Economic and Company News for 20/11/12
US The Obama Administration has reportedly proposed axing $150B of tax breaks over ten years as part of negotiations to avert the fiscal cliff. These include $28B for fossil fuel companies, $77B...
View ArticleWorld Economic and Company News for 29/11/12
JBH JB Hi-Fi announces the launch of JB HI-FI “HOME” concept stores. These stores will range all of the products that customers love from JB Hi-Fi plus “HOME”, signifying a full range of whitegoods,...
View ArticleWorld Economic and Company News for 11/01/13
China China Dec PPI at -1.9% (vs. -1.8% expected) Market Watch China China Dec CPI 2.5% (vs. 2.3% expected) Market Watch BBG Billabong International has been forced to provide large...
View ArticleCompany News for 07/02/13
ALZ Property developer and owner Australand’s full-year profit has risen by 28 per cent and the company expects further earnings growth in 2013. Australand has $2.3 billion in investments in...
View ArticleWolrd Economic and Company News for 11/02/13
ALK The NSW Government has granted the Tomingley Gold Project’s (TGP) Mining Lease. The Alkane Board has approved development and construction should commence immediately. First gold output...
View ArticleWorld Economic and Company News for 06/03/13
Aust In a world first, the Reserve Bank of Australia will establish a permanent bailout facility for domestic banks by 2015 that will be worth as much as $380 billion AFR China China has given...
View ArticleCompany news for 22/04/13
ABP Abacus is pleased to announce the acquisition of 33 Queen Street (including 199 George Street), Brisbane, for $34 million. This represents an initial yield of 9.4%, excluding transaction costs....
View ArticleCompany News for 15/05/13
AQA Talwood Coking Coal Project JORC Resource Statement. Total JORC Coal Resource now totals 434.9Mt, up 76% from 246.5Mt. Maiden Measured Resources defined of 77.9Mt. Resource will produce a low ash...
View Article