Greeston
 
 
 
 
 
Weekly Commentary Archive
 
For the latest copy of the Weekly Commentary click here...
 
24th October 2009
The Australian share market went through a soft patch but maintained its firming trend over the week. The market generally withstood weakness on Wall Street although resource and financial stocks came under downward pressure. Mining giant Rio Tinto ...more
 
18th October 2009
Bay of Plenty power company and takeover target Horizon Energy Distribution (HED) has increased its forecast after tax profit to around $6 million for 2009-10, up from a previous guidance of $4.5 million and a net profit of $5.1 million reported for ...more
 
28th September 2009
Vector (VCT) is a significant electricity and gas distributor. It also owns fibre-optic networks in Auckland and Wellington, which deliver high speed broadband services. VCT reported a strong result for 2008-9 although the recession did make its ...more
 
15th August 2009
The maxim about iconic Australian retailer David Jones (Au: DJS) being ¡°first in and first out¡± of a downturn appears to be holding true. In its quarterly sales report, DJS reported total sales had improved by 0.6 percent compared with the ...more
 
3rd August 2009
Opus International Consultants (OIC) is an infrastructure consultancy with more than 2,200 staff across 71 offices in New Zealand, Australia, Canada and Britain. In the 12 months to 31 December 2008 it exceeded its prospectus forecasts made when it ...more
 
26th July 2009
The international economic downturn has had little or no effect on Coca-Cola Amatil (Au: CCL). The 2008 calendar year saw CCL deliver a record net profit after tax of A$404.3m, before significant items, representing an increase of A$38m or 10.4% on ...more
 
19th July 2009
Origin Energy's (Au: ORG) shares have been trading below the A$15.50 per share offered by Britain¡¯s BG Group, last year. BG was desperate to get a hold of ORG's substantial coal seam gas (CSG) reserves, but in the end it was outdone by ...more
 
28th June 2009
Investors were very supportive of Freightways (FRE) moves to shore up its balance sheet in May. The company completed a $45m placement of shares at $2.44 per share, which was a 12 percent discount to the closing price the day prior to the ...more
 
22nd June 2009
Nufarm (Au: NUF) has downgraded its earnings prospects for 2008-9 due to reduced demand for the weedkiller, glyphosate, and to increased competition. Glyphosate sales in May and through the first half of June tracked significantly below previous ...more
 
14th June 2009
Xero (XRO) was established in July 2006 by Rod Drury, an experienced technology entrepreneur, and Hamish Edwards, the owner of a SME accounting business. In May 2007 the company floated$15m worth of shares at $1 each, and on 7 April 2009 XRO ...more
 
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