Original article by
The Australian – Page: 21 : 6-Jan-17
Winha Commerce & Trade International had a spectacular debut on the Australian stock exchange on 5 January 2017, closing at $A0.49 or 40 per cent above the issue price of $A0.35 a share. The Chinese-based food retailer raised $A8.5 million through the float. The funds will be used to buy 49 per cent of Melbourne-based wholesaler Flavours.
CORPORATES
WINHA COMMERCE AND TRADE INTERNATIONAL LIMITED – ASX WQW, FLAVOURS PTY LTD
Original article by Paul Garvey
The Australian – Page: 17 : 6-Jan-17
Atlas Iron has repaid $A54 million in debt. The Australian-listed mining company benefited from rising iron ore prices. Its cash reserves are now at $134 million. Atlas Iron’s improving financial situation is reflected in its share price. The stock has risen from $A0.009 in October 2016 to $A0.027 on 5 January 2017.
CORPORATES
ATLAS IRON LIMITED – ASX AGO
Original article by Jens Meyer, Patrick Commins
The Australian Financial Review – Page: 26 : 4-Jan-17
The S&P/ASX 200 index closed 1.2 per cent higher at 5,733.2 points on 3 January 2017. Investors were encouraged by a one point rise in China’s Caixin manufacturing PMI, to 51.9 points in December 2016. All sectors benefited from positive investor sentiment. Trading volumes were low as many professional traders are still on holiday.
CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, SHANGHAI RURAL COMMERCIAL BANK, EVOLUTION MINING LIMITED – ASX EVN, BUBS AUSTRALIA, UNITED STATES. FEDERAL RESERVE BOARD, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, THE A2 MILK COMPANY LIMITED – ASX A2M, BELLAMY’S AUSTRALIA LIMITED – ASX BAL, HUNTER HALL INTERNATIONAL LIMITED – ASX HHL, WASHINGTON H SOUL PATTINSON AND COMPANY LIMITED – ASX SOL, GALAXY RESOURCES LIMITED – ASX GXY, ORGANISATION OF PETROLEUM EXPORTING COUNTRIES
Original article by David Rogers
The Australian – Page: 18 : 23-Dec-16
The S&P/ASX 200 share index rose 0.5 per cent to 5,643.9 points on 22 December 2016. T Rowe Price head of Australian equities Randal Jenneke is optimistic about the stockmarket’s future performance. He expects the S&P/ASX 200 to rise as much as eight per cent by mid-2016. Mining and finance stocks are likely to perform strongly while "defensive yield" stocks will underperform.
CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, T ROWE PRICE GROUP INCORPORATED, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY
Original article by Daniel Palmer
The Australian – Page: 18 : 22-Dec-16
The Australian sharemarket posted solid gains on 21 December 2016, with the S&P/ASX 200 adding 22.4 points to close at 5,613.5. BHP Billiton was one per cent higher at $A25.17 and Woodside Petroleum advanced 0.3 per cent to end the session at $A31.04. However, the Commonwealth Bank was 0.2 per cent lower at $A82.09 and Slater & Gordon shed 7.5 per cent to finish at $A0.24.
CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, BHP BILLITON LIMITED – ASX BHP, WOODSIDE PETROLEUM LIMITED – ASX WPL, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, SLATER AND GORDON LIMITED – ASX SGH, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, SANTOS LIMITED – ASX STO, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, TELSTRA CORPORATION LIMITED – ASX TLS, QANTAS AIRWAYS LIMITED – ASX QAN, THE A2 MILK COMPANY LIMITED – ASX A2M, BELLAMY’S AUSTRALIA LIMITED – ASX BAL, IG MARKETS LIMITED, CMC MARKETS PTY LTD, STANDARD AND POOR’S ASX ALL ORDINARIES INDEX
Original article by David Rogers, Chris Kohler
The Australian – Page: 13 & 18 : 21-Dec-16
The Australian sharemarket posted solid gains on 20 December 2016, with the S&P/ASX 200 adding 0.5 per cent to close at 5,591.1. The benchmark index has risen by 5.6 per cent so far in 2016, and it may be poised for its best performance in a calendar year since 2013. Credit Suisse expects the S&P/ASX 200 to top 6,000 points by the end of 2017. The firm also forecasts that Australian bond yields will rise further.
CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S ASX ALL ORDINARIES INDEX, CREDIT SUISSE (AUSTRALIA) LIMITED, MORGAN STANLEY AUSTRALIA LIMITED, FORTESCUE METALS GROUP LIMITED – ASX FMG, SOUTH32 LIMITED – ASX S32, ESTIA HEALTH LIMITED – ASX EHE, SIRTEX MEDICAL LIMITED – ASX SRX, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, RESERVE BANK OF AUSTRALIA, BLOOMBERG LP, TRANSURBAN GROUP LIMITED – ASX TCL, SYDNEY AIRPORT – ASX SYD
Original article by Zac Crellin, Jens Meyer, Patrick Commins
The Australian Financial Review – Page: 28 : 20-Dec-16
Figures in the Federal Government’s Mid-year Economic and Fiscal Outlook on 19 December 2016 made a positive impression on investors. The S&P/ASX 200 Index closed 29 points higher at 5,562 points on the same day while the All Ordinaries index rose 23 points to 5,612. The Australian dollar traded at $US0.729 in late trade. Shares in Seven West Media fell eight per cent, after revelations that CEO Tim Worner and a former executive assistant had a sexual relationship.
CORPORATES
STANDARD AND POOR’S ASX ALL ORDINARIES INDEX, STANDARD AND POOR’S ASX 200 INDEX, SEVEN WEST MEDIA LIMITED – ASX SWM, SYRAH RESOURCES LIMITED – ASX SYR, ORIGIN ENERGY LIMITED – ASX ORG, SANTOS LIMITED – ASX STO, AUSTRALIA. DEPT OF THE TREASURY
Original article by Max Mason
The Australian Financial Review – Page: 13 & 18 : 8-Dec-16
TPG Telecom executive chairman David Teoh told shareholders at the company’s AGM on 7 December 2016 that the long-term prospects for the group are very good. TPG is in the process of entering the mobile telephony market in Singapore. Teoh spoke about the benefits of a transition from the digital subscriber line service to the fibre to the building internet broadband connection in Australia, as the latter is more profitable.
CORPORATES
TPG TELECOM LIMITED – ASX TPM, NBN CO LIMITED, SINGTEL OPTUS PTY LTD
Original article by David Rogers
The Australian – Page: 30 : 25-Nov-16
The share prices of Australia’s four major banks have risen by an average of nearly seven per cent since Donald Trump’s presidential election win. However, Brian Johnson of CLSA does not expect this to be sustained, noting that local and international banks are facing a number of headwinds. He adds that Australian bank stocks are expensive compared with their overseas peers, while their common-equity tier-one capital must be increased by some $A27bn.
CORPORATES
CLSA AUSTRALIA PTY LTD, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ
Original article by Jessica Sier
The Australian Financial Review – Page: 26 : 4-Nov-16
The S&P/ASX 200 index closed 0.1 per cent lower at 5,225.6 points on 3 November 2016. The All Ordinaries index declined 0.1 per cent to 5,306.5. Investors are concerned about the chaotic US presidential election. Shares in Warrnambool Cheese & Butter Factory rose 5.2 per cent to $A6.85 following the announcement of a profit of $A20.8 million in the six months to 30 September and a 10 per cent rise in revenue to $A325.9 million.
CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, WARRNAMBOOL CHEESE AND BUTTER FACTORY COMPANY HOLDINGS LIMITED – ASX WCB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, UNITED STATES. FEDERAL RESERVE BOARD, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, BORAL LIMITED – ASX BLD, SOUTH32 LIMITED – ASX S32, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO
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