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Month: November 2018

Stock Viva Energy (ASX: VEA) $1.76 as at 19/11/2018 Event The biggest IPO of 2018 so far (although no contenders have presented themselves with just 6 weeks left) has fallen today after announcing they expect to miss prospectus estimates for the full year. Viva Energy (ASX: VEA), which operates over 1,000 Shell petrol stations along […]

  • Posted in ASX:VEA, Energy
  • Comments Off on VIVA Energy (ASX: VEA) continues its slide

Stock Medibank Private (ASX: MPL) $2.61 as at 19/11/2018 Event Medibank Private (ASX: MPL) stopped trading for a short period this morning to announce to the market that they had lost a key Government contract. The company had been informed that the Department of Defence would not be renewing Medibank as the healthcare provider for […]

  • Posted in ASX:MPL, Healthcare
  • Comments Off on Medibank Private (ASX: MPL) loses Government contract
damstra holding daily chart

Stock Myer Holdings (ASX: MYR) $0.42 as at 19/11/2018 Event The Myer Holdings Ltd (ASX: MYR) share price is taking a hit this morning as shares in the embattled department store resumed trading after its trading halt on Friday. The stock tumbled over 11% to a five-month low of 40 cents when management was forced […]

Stock Macquarie Group (ASX: MQG) $121.64 as at 16/11/2018 Santos (ASX: STO) $6.23 as at 16/11/2018 Event The bank is outperforming today following an upgrade to FY19 earning’s guidance out this morning The upgrade relates to the sale of Australian oil & gas company Quadrant Energy to Santos, which Macquarie holds a significant stake in. […]

  • Posted in ASX:MQG, Financials
  • Comments Off on Why is Macquarie (ASX: MQG) rallying today

Stock Appen (ASX: APX) $12.50 as at 15/11/2018 Event In a day where much of the market is heading lower, one stock stands out with Appen jumping this afternoon, currently trading over up 11% on the day. The machine learning business today revised 2018 guidance higher just 6 weeks before the year end. The new […]

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