January 23, 2012 – 12:27 pm | No Comment

Mastermyne Group Limited (MYE.AX) is a company in Australia which provides services and the manufacture of parts for underground coal mining in Queensland and New South Wales. After a strong finish to 2010, the stock …

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Article Archive for November 2009

Dubai World debt moratorium issues sparked fears of sovereign defaults
November 30, 2009 – 1:32 pm | No Comment

Dubai World debt moratorium issues sparked fears of sovereign defaults similar to Argentina’s from 2001 and sent global stock markets into a tizzy. The ASX lost 2.9% Friday and all four of Australia’s major banks …

Possible shakers next week include
November 23, 2009 – 12:16 pm | No Comment

Tuesday, 24 November: iiNet (IIN) reported 67% higher revenue and 29% higher net profit in FY 2008–2009. However, Australia’s third-largest ISP company is embroiled in copyright litigation. Its most recent high of 2.38, set 9 …

Australian October jobs data pleasantly surprised
November 16, 2009 – 2:32 pm | No Comment

Australian October jobs data pleasantly surprised although the details remain worrisome, with most jobs gained being part-time and the unemployment rate rising to 5.8%. Next week’s wages data should guide inflation expectations and subsequent RBA …

ASX look ahead week of 9 November 2009
November 10, 2009 – 9:32 am | No Comment

The RBA raised interest rates for the second consecutive month, to 3.5%, and boosted 2009 and 2010 GDP forecasts. The trade deficit, although not as bad as feared, nevertheless hit an 18-month high, with exports …

Amcor Ltd (AMC)
November 6, 2009 – 10:56 am | One Comment

Packaging group Amcor Ltd is based in Australia but has arms also in New Zealand, Asia, Europe, North America, and Latin America, with manufacturing operations in 40 nations. The company is one of the world’s …

ASX look ahead week of 2 November 2009
November 2, 2009 – 10:55 am | No Comment

So far this earnings season, investors have been unimpressed with most reporting companies’ revenue and guidance. Such disappointments are contributing to the current round of risk aversion rocking equities.

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