Category Archives: AUSTRALIAN INDUSTRIES

Downer increases its stake in Spotless

Currently, Downer owns 40.44% of Spotless and emerged as the largest shareholder in the company. Downer assumes that its offer represents compelling and certain value to Spotless including a 59% premium to $0.725, the last closing price of Spotless shares on 20 March 2017, prior to the announcement of the Offer. Further, it was a 45% premium to $0.791, the

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Countplus Limited has finalized a five-year term of contract with Mr Matthew Rowe, Managing Director and Chief Executive Officer of Countplus.

Countplus Limited has finalized a five-year term of contract with Mr Matthew Rowe, Managing Director and Chief Executive Officer of Countplus. Mr Rowe was appointed as a Director of the company in October 2016 and appointed to the role of Managing Director and CEO on 24 February 2017. Recently, the company has successfully sold its shareholding in CBC Financial Advisers,

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Two speculative stocks to buy – Countplus Ltd and Beadell Resources Ltd

Countplus Limited has finalized a five-year term of contract with Mr Matthew Rowe, Managing Director and Chief Executive Officer of Countplus. Mr Rowe was appointed as a Director of the company in October 2016 and appointed to the role of Managing Director and CEO on 24 February 2017. Recently, the company has successfully sold its shareholding in CBC Financial Advisers,

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McMillan Shakespeare Limited Clarification on Australian Financial Review Article

Clarification on Australian Financial Review Article: McMillan Shakespeare Limited (ASX: MMS) has given clarification regarding a potential class action being prepared by a Sydney law firm. The company understands that the nature of the potential claim may be based on allegations in relation to a warranty product business operated by Davantage Pty Ltd (trading as National Warranty Company). The company

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Two Financial Services Stocks Going Down – McMillan Shakespeare Ltd. & FlexiGroup Ltd.

Clarification on Australian Financial Review Article: McMillan Shakespeare Limited (ASX: MMS) has given clarification regarding a potential class action being prepared by a Sydney law firm. The company understands that the nature of the potential claim may be based on allegations in relation to a warranty product business operated by Davantage Pty Ltd (trading as National Warranty Company). The company

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For Q3FY17, Qantas Airways Limited Challenging business conditions in international operations

Challenging business conditions in international operations: For Q3FY17, Qantas Airways Limited (ASX: QAN) reported a 1.4% year-on-year decline in revenue to $3.96 billion due to tough conditions in the international market. QAN’s overall revenue per unit decreased by 1.8% led by 5.6% decline in international operations, while the domestic unit revenue increased by 4.6% yoy against Q3FY16. Going forward, the

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