Month: June 2019
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Stock Ausdrill (ASL) $1.76 as at 24/06/2019 Event The market standout today is well and truly mining services firm Ausdrill which looks set to close at the highest level in over 6 months. Shares in ASL are trading 12% higher in the session on the back of an announcement subsidiary Barminco had won a 5-year, […]
Stock Metcash (MTS) $2.86 as at 24/06/2019 Event The grocery and hardware wholesaler is trading lower this morning following the release of their full year results for the 12 months to April. Despite swinging back into a profit on a statutory basis, the result has missed expectations, and the market is selling the stock on […]
Stock Caltex (CTX) $21.98 as at 20/06/2019 Event Shares in listed petrol station name Caltex have tumbled today, falling nearly 20% following the company releasing disappointing forecasts for the first 6 months of the year, just 10 days out from the half year end. EBIT is expected to fall in all segments of the business […]
Really bullish, there's more to go in the reflation rally
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