Category Archives: Australian Technology Stocks

Should you pocket these 2 Big Stocks – Telstra and Boral

raded ex-dividend: Telstra witnessed a stock price slump of 6% on August 30, 2017 while the stock traded ex-dividend. Further, the group updated that the proposal to monetise a portion (worth between $5-5.5 billion) of its locked-in recurring nbn receipts, which was announced to the market on 17 August, did not receive technical consents from nbn co. The proposal was

Read more

For 1HFY17, Iress Ltd Earnings impacted by one-off costs and currency movements

Earnings impacted by one-off costs and currency movements: For 1HFY17, Iress Ltd (ASX: IRE) has reported a statutory net profit after tax of $29.5 million, up 10% over the previous half (six months to 31 December 2016) and down 10% over the prior corresponding period (six months to 30 June 2016). NPAT performance difference between corresponding halves reflects the impact

Read more

2 Stocks that slipped on ASX – Iress Ltd and IPH Ltd

Earnings impacted by one-off costs and currency movements: For 1HFY17, Iress Ltd (ASX: IRE) has reported a statutory net profit after tax of $29.5 million, up 10% over the previous half (six months to 31 December 2016) and down 10% over the prior corresponding period (six months to 30 June 2016). NPAT performance difference between corresponding halves reflects the impact

Read more

Xero still going strong

Recently, Xero Ltd.’s non-executive director Craig Winkler has reduced his shareholding to 10.5% (from 12.7%) to fund his private charitable trust. Winkler is a Director of Givia, the trustee for a private charitable trust and remains Xero’s second largest individual shareholder (via Givia) after Xero’s CEO, Rod Drury. Further, Winkler has informed Xero that he will seek to distribute 100%

Read more

One stock to sell – Iress Ltd.

IRESS (ASX:IRE) has entered into an agreement with MainstreamBPO (ASX:MAI) to divest a part of its superannuation administration business that provides services to customer-owned banks. These assets were acquired as part of the purchase of Financial Synergy in October 2016. While recognizing the quality of the superannuation administration services, IRESS has determined the provision of these particular services to customer-owned

Read more

TPG Telecom Ltd Investing heavily to withstand raising competition

Investing heavily to withstand raising competition: TPG Telecom Ltd (ASX: TPM) bid for 2x10MHz of spectrum in the 700MHz band at the auction by the Australian Communications and Media Authority (ACMA). The spectrum license would start from 1 April next year and will expire on 31 December 2029. Accordingly, they are building a mobile network in Australia using current advanced

Read more
« Older Entries