Monthly Archives: April 2016

Is It time To Reap Profits From Medibank Private Ltd?

Private health insurance premiums rise by Government: Medibank Private Ltd (ASX: MPL) Premium revenue growth has delivered a moderate rise of 4.6% year on year (yoy) to $3,080 million for the first half of 2016 on the back of the slowdown of the market conditions which impacted the group’s specific product management and sales performance. On the other hand, the

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REA Group Limited Acquisition Of Flatmates.com

Acquisition of Flatmates.com: REA Group Limited (ASX: REA) stock surged over 3.76% on April 26, 2016 on news of the group’s 100% acquisition of Flatmates.com.au which is a leading player for share accommodation in Australia. REA has been aggressively expanding its international position and this acquisition would further boost its domestic as well as international expansion. The group is considering

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Fortescue Metals Group Limited Strong Cash Flow

Strong cash flow: The shares of Fortescue Metals Group Limited (ASX: FMG) corrected over 6.25% on April 26, 2016 as the iron ore prices have been correcting after delivering an outstanding performance last week. On the other hand, the group’s productivity and efficiency enhancements led to solid cash flows during the quarter improving cash balances to US$2.5 billion as of

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Stavely Minerals Ltd Ararat Project And Acquisition contribution Are The Key Drivers

Ararat project and acquisition contribution are the key drivers:Stavely Minerals Ltd (ASX: SVY) recently reported that its current quarter net operating cash flows entailed outflow of $189,000 while year-to-date entailed $1,296,000 and cash at the end of the quarter was $1,939,000. SVY acquired a new gold-copper project in North Queensland through acquisition of a private company Ukalunda Pty Ltd. Furthermore,

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JC International Group Ltd Decent Financial Performance

Decent financial performance: JC International Group Ltd (ASX: JCI) reported 60% increase in revenue to $55.5 million backed by the strong contracted project income during the fiscal year of 2015. Profit after tax was at $ 7.04 million as against $5.93 million in FY14. On the other side, the company was listed on the ASX on March 23, 2016, while

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Wonhe Multimedia Commerce Ltd Ongoing Internet Proliferation

Ongoing internet proliferation: Wonha Multimedia Commerce Ltd (ASX: WMC)  is leveraging the rapidly growing use of broadband and accordingly positioning to take the advantage of China’s expanding middle class and growing mobile internet participation with its flagship product YLT300-S Router. China has 632 million active Internet users and is the fastest growing e-commerce market. Accordingly, WMC is expanding into new

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MainstreamBPO Ltd Business Acquisition Contributions Promise A Positive Outlook

Business acquisition contributions promise a positive outlook :MainstreamBPO Ltd (ASX: MAI) recently reported that its Funds under Administration reached $84 billion. MAI’s FundBPO also made a five years unit registry outsourcing contract. This contract is to offer registry services for over $25 billion in funds under administration and estimated to generate over $7.5 million in new revenue. To read the

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