Month: November 2019
IVE Group (IGL) +0.95% Was out yesterday with an announcement about the purchase of Salmat’s (SLM) marketing solutions business which is Australia’s largest catalogue distribution business. There wasn’t a large amount of information in the release however more detail was provided at their AGM today, and the stock has reacted more favourably. Firstly on the […]
Caltex (CTX) +6.97%; continued its climb higher, now almost 50% higher than the panic low set in June when guidance for the half was posted. Today the fuel refiner and retailer updated guidance for the Convenience Retail side of $190-$210m for the calendar year, with the second half far outperforming the first largely thanks to fuel […]
Stock Nufarm (NUF) $5.06 as at 25/11/2019 Event Crop protection business Nufarm has seen almost 20% wiped from shares today on news it has struggled in the first half. The company flagged a number of issues set to impact the period to the point where the company was not able to give guidance for the […]
Really bullish, there's more to go in the reflation rally
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