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MYG is a well-established supplier of electrical products and services for critical infrastructure and facilities across Australia. Increased public and private spending on infrastructure and related areas is expected in the foreseeable future, particularly as the transition to clean energy accelerates. MYG is well placed to benefit from this ...
The secret to Universal Store's success - ShareCafe
After a decline in the six months to December, sales through the Universal Stores chain improved significantly in the second half. On a full-year basis, Universal Store like-for-like sales dipped 0.3%, driven by a 6.6% surge in the June half after a 5.4% first-half slump. CEO Alice Barbery stated in Thursday's release, "Our success this year ...
Understanding the Difference Between an MDA, SMA and IMA
Feb 23, 2021 · The table below summarises the key differences. Managed accounts. (including MDAs, SMAs and IMAs) Managed funds. · Investors/account holders have beneficial ownership of the account’s assets. This means that they enjoy the benefits of ownership even if the title to the assets in the account is in another name.
Telstra boosts dividend amid profit slump - ShareCafe
Aug 15, 2024 · MORE TELSTRA CORPORATION LIMITED CONTENT. Telstra (ASX:TLS) has lifted its final dividend for the 2023-24 financial year to nine cents a share, despite a 13% drop in profit due to higher costs resulting from job cuts and restructuring. The increase from 8.5 cents a share a year ago brings the full-year payout to 18 cents a share, in line with ...
Brambles: The future of logistics is here - ShareCafe
Aug 21, 2024 · Brambles reported underlying net profit after tax of US$780 million, surpassing market estimates by 4.6% and growing 9% from the previous year. Revenue increased by 7% to US$6.55 billion, aligning with forecasts and outperforming the prior year by 8%. Underlying EBIT reached a record high of US$1.26 billion, up 18% from the previous year.
Pilbara minerals to acquire Latin Resources in $560m deal
Aug 15, 2024 · The acquisition will expand Pilbara Minerals' global footprint in the lithium market by adding the Salinas Lithium Project to its Pilbara mining and processing operations in WA. Latin Resources shareholders will receive Pilbara shares in a ratio of 0.07 Pilbara share (valued at $2.85) for each Latin share held.
Beston Global collapse: Administrators investigate sudden downfall
Sep 24, 2024 · Administrators have begun probing why the South Australian dairy group, Beston Global Food Company (ASX:BFC), went bust this week. The administrators will want to determine why the company failed when it appeared to be on track to remain operational. The company blamed what it described in Monday's statement as "a perfect storm of adverse ...
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MYG has reported strong FY24 results, with revenue up 10.1% to $85.7m and underlying EBITDA up 12.3% to $7.1m. EBITDA margin increased 0.1% to 8.3%. Underlying NPAT was up 34.3% to $3.5m with assistance from lower D&A and finance expenses. Operating cash flow was also strong at $16.1m (+86% on pcp).
Iron Ore prices surge after China's stimulus - ShareCafe
By Glenn Dyer | More Articles by Glenn Dyer. Another massive surge in iron ore prices occurred on Monday, bringing the total gain since China began announcing stimulus measures last Tuesday to over 20%. The price of 62% Fe fines surged to a day’s high of more than $113.50 per tonne—the highest since May—before easing in late afternoon ...
New Century Now Under New Ownership - ShareCafe
Mar 8, 2023 · MORE NEW CENTURY RESOURCES LIMITED CONTENT. Wednesday saw New Century Resources throw in the towel and capitulate to the unsolicited $1.10 per share cash bid from South African precious metals miner Sibanye-Stillwater. The South African company said on Tuesday that it had lifted its stake in New Century Resources to nearly 71% – on the day it ...