Credit Suisse on ALZ outlook
Relative performance has been held back in our view by higher development exposure (39% of op. EBIT) and fewer capital management levers relative to peers. In a sector that has re-rated to within 1.4%...
View ArticleCompany report on ALZ HY results
ALZ achieved an operating profit after tax of $68.2 million, a 5% increase on the prior corresponding period. The Group’s statutory result was a net profit after tax of $89.7 million, a 6% increase on...
View ArticleCompany News 26/07/12
A number of quarterlies have been released today. NCM finally managed to meet their production guidance and the gold price also rallied last night. WES announced a solid result in a tough environment....
View ArticleBroker Comments for 27/07/12
Aust JB Were is happy to become the first broker in Aust to become bullish on Aust housing as surge in growth in the key household formation of 20-34 year olds is already upon us. The 2011 Census...
View ArticleWorld Economic and Company News for 10/12/12
GPT The GPT Group confirms it has made an indicative and non-binding proposal to Australand Property Group (Australand) in relation to the potential acquisition of its investment property portfolio...
View ArticleWorld Economic and Company News for 14/12/12
Al Aluminium smelters in China, the world’s top producer and consumer of the metal, have agreed on higher ratios of metal prices next year to value purchases of the raw material alumina, spurred by...
View ArticleCompany News for 18/12/12
DLX DuluxGroup announces that its relevant interest in Alesco as at 7pm on 17 December 2012 is 90.1% with a bid of $1.631 per share Company report CFE Cape Lambert Resources wishes to advise that it...
View ArticleCompany News for 07/02/13
ALZ Property developer and owner Australand’s full-year profit has risen by 28 per cent and the company expects further earnings growth in 2013. Australand has $2.3 billion in investments in...
View ArticleWorld Economic and Company News for 08/02/13
ALZ rumour that some new suitors have run the ruler over ALZ AFR BRU Independent Resource Assessment Laurel Wet Gas Accumulation, Canning Superbasin. RISC has concluded the following: the gross...
View ArticleCompany News for 05/03/13
ABZ An MoU has been signed with the Tasmanian Ports Corporation for access to Bell Bay Port in northern Tasmania for the export of bauxite. Approval has been granted for drilling the Scottsdale...
View ArticleCompany News for 11/03/13
AAC “AACo’s January cattle sales were above book value, with 10,392 head sold,” Managing Director David Farley said. “But the lack of rain has impacted February sales. “The dry weather is continuing...
View ArticleCompany News for 05/04/13
ALZ Lazard is advising MGR through analysis of the ALZ data room AFR ANZ ANZ chief executive Mike Smith has announced the bank will sell its US$780 million holding in Panin Bank despite pursuing...
View ArticleCompany news for 22/04/13
ABP Abacus is pleased to announce the acquisition of 33 Queen Street (including 199 George Street), Brisbane, for $34 million. This represents an initial yield of 9.4%, excluding transaction costs....
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