Skip to Content

Month: August 2020

Nick Scali (NCK) +14.58% Furniture retailer was out with their full year report pre market – it was a beat, no doubt about it. They pre-released earnings back in June, just a few weeks out from the end of the Financial year but even that sold the result short. Profit of $42.1m was 5% above […]

  • Posted in ASX:NCK
  • Comments Off on Nick Scali (NCK) gives retailers hope

Newcrest Mining (NCM) +1.93% Out with their FY20 and June Quarter production and sales scorecard today and the numbers were good. While they didn’t announce FY21 guidance (they will do at FY results next month), todays result showed that NCM, like OZL yesterday has turned the corner in terms of operational issues and can now […]

  • Posted in ASX:NCM
  • Comments Off on Newcrest (NCM) beats on production

Beach Energy (BPT) +4.71% Out with quarterly production this morning and broadly speaking production was as expected at 26.7mmboe for the year with the final quarter seeing 6.8mmboe, slightly lower than the previous quarter. As with all energy names in the current climate, price received saw a big hit in the quarter, falling to $A44.90/bbl, […]

  • Posted in ASX:BPT
  • Comments Off on Beach Energy (BPT) beats at production

Centuria Office REIT (COF) +7.38% Reported full year earnings which were surprisingly upbeat despite all the doom and gloom in the office landlord space. The trust owns and operates 23 high quality office buildings across the country with 98.1% of the space leased at the end of the period and a WALE of 4.7 years. […]

  • Posted in ASX:COF
  • Comments Off on Centuria Office (COF) fund shows not all land was created equal

Centuria Industrial REIT (CIP) Didn’t trade today as it looks to raise $340m to fund three acquisitions, the largest of which is a $416.7m purchase of a Telstra data centre in Victoria on a cap rate of 4.25%. The deal is significant, with the asset to make up ~20% of the total asset value in […]

  • Posted in ASX:CIP
  • Comments Off on Centuria Industrial (CIP) to buy Telstra data centre
Back to top