Uncategorized

Pacific making all the write moves

roymorgansocial Leave a comment

Original article by Lilly Vitorovich
The Australian – Page: 13 & 14 : 7-Jan-19

Seven West Media’s Pacific Magazines division posted EBIT of $9.6m in 2017-18, and it reduced costs by $32.2m. Pacific Magazines CEO Gereurd Roberts is upbeat about the outlook for its portfolio of titles, noting that it is the market leader in every category in which it has a presence. He adds that content is the priority for Pacific Magazines, while it aims to expand its digital business. Gereurd has also flagged the launch of a new monthly magazine in late January.

CORPORATES
PACIFIC MAGAZINES PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, BAUER MEDIA AUSTRALIA PTY LTD

Pilbara set to seal Chinese funding

roymorgansocial Leave a comment

Original article by Paul Garvey
The Australian – Page: 15 : 3-Jan-19

Australian-listed Pilbara Minerals is believed to have secured funding for the $231m second stage of its Pilgangoora lithium mine in Western Australia. Posco, Great Wall Motor Company, Ganfeng and Pilbara’s bondholders are said to have agreed to finance the expansion project, which will increase annual processing capacity from two million tonnes to five million. Pilbara Minerals’ shares were placed in a trading halt in late December. The stock last traded at $0.62.

CORPORATES
PILBARA MINERALS LIMITED – ASX PLS, POSCO, GREAT WALL MOTOR COMPANY LIMITED, GANFENG LITHIUM COMPANY LIMITED

Koreans baulk at cobalt deal as prices tumble

roymorgansocial Leave a comment

Original article by Paul Garvey
The Australian – Page: 15 : 2-Jan-19

South Korea-based SK Innovation failed to exercise an option to acquire a 19.9 per cent stake in Australian Mines by the deadline of 31 December. Shares in the cobalt producer closed at $0.038 on the day, compared with the options’ strike price of $0.12, prompting speculation that SK Innovation will not exercise the option. A sharp fall in the price of cobalt weighed on Australian Mines’ shares in 2018.

CORPORATES
AUSTRALIAN MINES LIMITED – ASX AUZ, SK INNOVATION, CLEAN TEQ HOLDINGS LIMITED – ASX CLQ

Retailers hope for big bang finish

roymorgansocial Leave a comment

Original article by Sue Mitchell
The Australian Financial Review – Page: 3 : 20-Dec-18

The Australian Retailers Association expects consumers to spend nearly $15bn during the last five trading days before Christmas. It still anticipates that Christmas spending will increase by 2.9 per cent in 2018. Many retailers are also counting on a spike in sales during the final days before Christmas, after less price discounting than in 2017. Meanwhile, Craig Woolford of Citigroup says consumers may spend less during the traditional post-Christmas clearance sales due to the impact of recent online promotions such as Black Friday and Cyber Monday.

CORPORATES
AUSTRALIAN RETAILERS ASSOCIATION, CITIGROUP PTY LTD, VEND LIMITED, JB HI-FI LIMITED – ASX JBH, SUPER RETAIL GROUP LIMITED – ASX SUL, REBEL SPORT LIMITED

Karl exits, Nine eyes all-women Today

roymorgansocial Leave a comment

Original article by Nick Tabakoff
The Australian – Page: 1 & 5 : 20-Dec-18

The Nine Network is believed to be considering a major revamp of its ‘Today’ breakfast show in 2019, after sacking co-host Karl Stefanovic. Options that are under consideration are said to include having all on-air roles filled by women in order to boost the show’s appeal to female viewers. There is speculation that several other ‘Today’ presenters will be dropped, although they are expected to take on other roles at Nine. The network also recently terminated the services of Peter Stefanovic.

CORPORATES
NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Seven ponders WA regional paper sale

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 15 : 17-Dec-18

Seven West Media has declined to comment on speculation that it may seek a buyer for some of its regional newspapers in Western Australia. News Corp Australia and Nine Entertainment Company are also believed to be interested in divesting some regional newspapers, and industry insiders say there could be potential for a single buyer to acquire assets from all three companies given that the newspapers have limited geographic overlap.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, WEST REGIONAL NEWSPAPERS, FAIRFAX MEDIA LIMITED, AUSTRALIAN COMMUNITY MEDIA, AUSTRALIAN REGIONAL MEDIA, HT&E LIMITED – ASX HT1, CITIGROUP PTY LTD, ALLEGRO FUNDS PTY LTD, ANCHORAGE CAPITAL PARTNERS PTY LTD, TPG CAPITAL LP, DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA

Bunnings enters Christmas period on top for satisfaction

roymorgansocial Leave a comment

Original article by Roy Morgan
Market Research Update – Page: Online : 17-Dec-18

New research from Roy Morgan shows that 89.8% of Australian hardware store customers were satisfied in the 12 months to October 2018, an increase of 2.4% year-on-year. Satisfaction with market leader Bunnings increased 1% point to 90%, holding off an increase of 2% by Mitre 10 to 89%. Home Hardware is in third place on 88% (down 1% for the year), followed by True Value Hardware on 83%. These are the latest results from Roy Morgan’s ‘Hardware Store Satisfaction Report’, which is based on in-depth personal interviews conducted face-to-face with over 50,000 Australians per annum in their homes, including over 9,000 interviews with people who have shopped in a hardware store in the last four weeks.

CORPORATES
ROY MORGAN LIMITED, BUNNINGS GROUP LIMITED, MITRE 10 LIMITED, HOME HARDWARE, TRUE VALUE HARDWARE LIMITED

Please explain … call for ABC, SBS transparency

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 3 : 13-Dec-18

The federal government’s competitive neutrality inquiry into public broadcasting has concluded that the ABC and SBS are competing fairly with their commercial rivals. However, the inquiry has recommended greater transparency with regard to the public broadcasters’ business activities, their use of taxpayer funding and compliance with their charters. Amongst other things, the inquiry also recommended a shift toward longer-term funding arrangements for the ABC and SBS.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), FREE TV AUSTRALIA LIMITED, AUSTRALIA. PRODUCTIVITY COMMISSION, ERNST AND YOUNG, BRITISH BROADCASTING CORPORATION, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, ONE NATION PARTY

Saltbush Club: The Revolt of the “Yellow Vests”

roymorgansocial Leave a comment

For decades now, working people, tax payers and retirees have been battered by the Green elites who shelter in well-paid tax havens like the UN and Greenpeace.

These Green elites have been supported by fellow travellers like the Clintons, Obama and Hollywood in America; Merkel in Germany; David Cameron, Prince Charles, David Attenborough and the BBC in UK; Macron in France; Gillard, Turnbull, Flannery and the ABC in Australia; the Trudeau dynasty in Canada; plus ranks of pious clerics, scheming oil sheikhs, green energy speculators and guilt-stricken big business executives.

This powerful elite has waged ceaseless war on the coal and nuclear power that provides cheap reliable electricity, on the farmers and fishermen who provide food, and on those who refine and manufacture things. They tax the diesel vehicles that provide transport and recreation for ordinary people and fill their suburbs and welfare rolls with imported “refugees”. They have captured their schools and universities that now provide more indoctrination than education. Green dogma infests the government media that people used to trust and is destroying the industries that once gave them well-paid jobs.

But Jack & Jill Public are starting to fight back.

The rise of Donald Trump in the US, Marine Le Pen in France, the Brexiteers in UK, political re-alignments in Denmark, the election of Jair Bolsonaro in Brazil and now the sudden revolt of the “Yellow Vests” in Paris all show that an increasing number of people are fed up with their green overlords.

Australians are now joining this undercurrent of revolt. It is shown by the dethroning of closet-green PM Turnbull, the rise of dissident groups like the energy-focussed “Monash Forum”, the “Advance Australia” movement, the rural-based “Green Shirts” and the surprising early support for “The Saltbush Club” which urges Australia to exit immediately from the Paris Climate Agreement.

Viv Forbes
vforbes@bigpond.com

Disclosure: Viv Forbes is Founding Secretary of the Saltbush Club


Further Reading:

The Yellow Vests in Paris:
https://www.youtube.com/watch?v=ZC0rczrqn5s
https://www.euractiv.com/section/climate-environment/news/french-government-prepared-to-back-down-over-carbon-tax/

Fighting the Green Blob in UK:
https://www.spectator.co.uk/2018/12/will-no-one-ever-take-on-the-green-blob/

The Monash Forum in Australia:
https://www.theaustralian.com.au/national-affairs/monash-forum-mps-release-coal-fact-sheets/news-story/75206ac5a00610c4637eba2f43d4f7ec

The Green-Shirt Aussies in the bush:
https://www.queenslandcountrylife.com.au/story/5557095/green-shirts-uncover-alps-raw-spot/

Advance Australia:
https://www.theaustralian.com.au/national-affairs/getup-faces-conservative-challenger-advance-australia/news-story/eb0e92c31377a790ea8902d4bfb08f63

The Saltbush Club:
https://www.spectator.com.au/2018/12/australia-should-cop-out-of-cop-24/

Saltbush Club: Come Clean on the UN COP24 Meeting in Poland.

roymorgansocial 22 Comments

By Viv Forbes,

Secretary of the Saltbush Club

The Saltbush Club today called on the Morrison Government to come clean on what additional burdens for Australians are being discussed at COP24, the UN climate jamboree now taking place in Poland.

The Secretary of The Saltbush Club, Mr Viv Forbes of Australia, said that Australia will suffer badly from the destructive energy policies being promoted by the UN’s war on cheap, reliable hydro-carbon fuels.

“Like Solidarity in Poland, the Yellow Vests in France and the new Brazilian government we do not support the UN energy plans and we fear their hidden agenda.

“Australia’s backbone industries were built on cheap reliable power. We have huge overheads in the bureaucracy, academia and the welfare state which must be supported by real industry – mining and smelting, farming, fishing, forestry, processing, transport and manufacturing. These industries rely on hydro-carbon energy – coal, gas, oil, diesel and petrol.

“Because Australia has no nuclear or geothermal power, limited hydro potential, an aging fleet of coal generators and several bans on gas exploration, we are very vulnerable to the UN’s war on hydro-carbons.

“PM Morrison must answer three specific questions:

“Who represents Australia at COP24?

“What instructions have they been given?

“When will he report to the Australian people?

“Australia should sign nothing, agree to nothing and signal its intention to withdraw from the Paris Agreement.

“COP24 will produce zero benefits for Earth’s climate, but their goals are economically irresponsible for those selected to pay the bills.

“The Paris Agreement they seek to enforce is negative for the Australian people, and for everyone not on the climate gravy train.”
Viv Forbes
forbes@saltbushclub.com
Washpool   Qld Australia


Brazil withdraws the welcome mat to Climateers:
https://www.canberratimes.com.au/world/south-america/brazil-cancels-hosting-climate-change-summit-20181129-p50j61.html

Solidarity questions global warming dogma:
https://nczas.com/2018/12/06/niewiarygodne-solidarnosc-zmadrzala-zwiazkowcy-podwazaja-dogmat-o-globalnym-ociepleniu/