Nufarm sows the seeds for earnings growth
Stalled local production and tougher conditions in South America have hit first-half profit at agricultural chemicals supplier Nufarm, but chief executive Greg Hunt says the company will achieve growth in the full year and beyond. Earnings were down 12 per cent to $75 million in the six months to January 31, hit by an eight…
UK should postpone Brexit, key MPs say
A key committee of British MPS say Brexit should be postponed because there may not be enough time to strike a deal with the European Union before Britain leaves the bloc a year from now. The Exiting the EU Committee says if major aspects of the future relationship remain unsettled by October, Britain should seek…
CommSec Daily Report Friday
Latest NewsAussie Market opens higher – Local shares are rebounding from three straight sessions of losses and shrugging off a mixed lead from Wall Street. The Dow closed 0.5% higher while the tech heavy Nasdaq closed a touch lower. The ASX 200 opened around 0.45% or 26pts higher but has come back to be 6pts…
The pick of ‘industry roll-up’ companies
Picture this: an entrepreneur of a small company raises $20 million and lists it on ASX. Management uses that capital to buy other privately owned companies in the same industry. The entrepreneur knows the industry is full of tiny operators or, in business-speak, is “highly fragmented”. Several owners are eager to sell and the entrepreneurial…
CommSec Daily Report Thursday
Latest newsAustralian shares are losing ground for a third day, with the ASX 200 index down by 0.4 per cent and is approaching 5900pts. Developments in the US seem to be influencing Australian shares most at the moment and follows a meaningful pullback for US shares overnight.A slide in Boeing’s share price accounted for around…
CommSec Daily Report Wednesday
Latest NewsEarly trade on Wednesday saw local shares continue the retreat that featured a day early. The ASX 200 opened the session with a loss of 7 points before trading to a 52 point loss at the worst levels of the morning. Thereafter buyers showed little inclination to make an impression on the market and…
Protecting your portfolio from major downturns
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18 Share Tips – 12 March 2018
James Bryce-Lind, Patersons Securities BUY RECOMMENDATIONS Regis Resources (RRL) Chart: Share price over the year I am bullish on gold. From a technical perspective, gold has been consolidating its 2012 downtrend below $US1370 an ounce. More recently, the precious metal has made a string of higher lows, indicating an impending bullish move. It appears volatility…
Garbage a growing business as city populations take off
Rampant population growth in Sydney and Melbourne, and its impact on accommodation, infrastructure and liveability, attracts almost daily headlines. Less considered is the waste that millions of extra residents will create and what that means for garbage disposal. Waste is big business in Australia. Business forecaster IBISWorld estimates the solid waste-collection services industry has annual…
CommSec Daily Report Friday
Latest NewsLocal shares are rallying for a second straight session on a number of global factors. The ASX 200 is has gained another 0.55% or 32 points, following on from yesterday’s 0.7% gain, to trade at 5973 points. Overnight, US President Donald Trump announced details of the tariffs on steel and aluminium imports with US…
