Category Archives: Australian Retail Stocks

Automotive Holdings Group Ltd.’s Trading ex-dividend

Trading ex-dividend: Automotive Holdings Group Ltd.’s stock plunged 1% on September 21, 2017 as the group traded ex-dividend. Last month, the group announced its annual results for the twelve months ending 30 June 2017 with revenue growth of 8% to $6,080 million. On the other hand, net profit after tax (NPAT) dropped 38% to $55 million at the back of

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Why Surfstitch fell prey to voluntary administration?

Appointment of Administrators: For over twelve months, the businesses of Surfstitch Group Limited (ASX: SRF) have been faced with several significant, external challenges including two class actions, the protracted Coastalwatch litigation and an ASIC investigation. Notably, these challenges have been said to bring high levels of uncertainty and material costs that became outside of the control of the Group operational

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The group expects a better performance in fiscal year of 2018 Focusing on organic growth

Focusing on organic growth: The group expects a better performance in fiscal year of 2018 given their diversified business model, while expects an ongoing organic growth boosted by their International, Commercial and Coffee & Allied Beverages divisions. Domestic franchising of this division is forecasted to witness a better growth, driven by their initiatives for QSR Division and Michel’s Patisserie Brand System.

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Collins Foods Limited (ASX: CKF) recently finished their retail entitlement offer and offered over $44.1 million equity.

Collins Foods Limited (ASX: CKF) recently finished their retail entitlement offer and offered over $44.1 million equity. The group’s Net debt enhanced to $133.1 million after Germany acquisition leading to the Net leverage ratio of 1.59. But despite raising funds, the company’s net debt position looks high. The group’s statutory NPAT fell over 3.9% to $78.1 million, despite a topline rise

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Two food stocks to look at – Collins food Ltd and Retail food group

Collins Foods Limited (ASX: CKF) recently finished their retail entitlement offer and offered over $44.1 million equity. The group’s Net debt enhanced to $133.1 million after Germany acquisition leading to the Net leverage ratio of 1.59. But despite raising funds, the company’s net debt position looks high. The group’s statutory NPAT fell over 3.9% to $78.1 million, despite a topline rise

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