August 2024

At last, some good news from the embattled Trans-Tasman building products giant, Fletcher Building (ASX:FBU), with the announcement of a key asset sale. Fletcher has agreed to sell its Tradelink plumbing and bathroom supplies business to Metals Manufacturers, a subsidiary of the US-based Blackfriars Corporation. Blackfriars is known as a highly secretive and very conservative […]

CEO and Managing Director Mark Freeman and Portfolio Manager David Grace discuss the FY24 full-year results of Australian Foundation Investment Company (ASX:AFI). Geoff Driver: My name is Geoff Driver, General Manager of Business Development and Investor Relations for Australian Foundation Investment Company (ASX:AFI). I have with me this morning Mark Freeman, who’s the CEO and

Mark Freeman, Managing Director, CEO and Portfolio Manager of AMCIL (ASX:AMH), discusses FY24 full-year results. Geoff Driver: My name is Geoff Driver, General Manager of Business Development and Investor Relations for AMCIL Investments (ASX:AMH). I have with me today Mark Freeman, who’s the Managing Director and CEO… Mark Freeman: Geoff. Geoff Driver: ..and also the

CEO and Managing Director Mark Freeman and Portfolio Manager Brett McNeill discuss the FY24 half year results of Djerriwarrh Investments (ASX:DJW). Geoff Driver: My name is Geoff Driver, General Manager of Business Development and Investor Relations for Djerriwarrh Investments (ASX:DJW). I have with me Mark Freeman, who is the CEO and Managing Director, and Brett

CEO and Managing Director Mark Freeman and Portfolio Manager Kieran Kennedy discuss the FY24 full-year results of Mirrabooka Investments (ASX:MIR). Geoff Driver: My name’s Geoff Driver, General Manager of Business Development and Investor Relations for Mirrabooka Investments (ASX:MIR). I have with me today Mark Freeman, who’s the CEO and Managing Director, and also Kieran Kennedy,

See, there is life after being a headless chook for a couple of days. Wall Street almost eliminated the big losses from Monday by the afternoon trading session on Friday, but eased and left a few small blobs of red ink on the table. The S&P 500 rose 0.47% to finish at 5,344.16 at Friday’s

Iron ore edged up on Friday to reclaim the US$100 a tonne mark but fell short of the previous week’s closing high. The price of 62% fines finished the week at US$100.90 a tonne on the Singapore Exchange (SGX) trading platform. This represented a daily gain of 1.45% from Thursday’s sub-$100 close of US$99.46 a

US stocks edged higher on Friday as the market continued its remarkable recovery from Monday’s sharp sell-off, nearly erasing the week’s earlier losses. The S&P 500 rose 0.47 per cent, closing at 5,344.16, while the Nasdaq Composite gained 0.51 per cent, ending at 16,745.30. The Dow Jones Industrial Average added 51 points, or 0.13 per

So, Wall Street is back on par with a week ago—but that disguised the big rebound in the megacaps, led by Apple, which survived the news that Warren Buffett has sold half of Berkshire Hathaway’s stake, taking a lot of money and going into US T-notes. In fact, after predicting the end of the megacap

The ASX is looking at a near-60-point gain at the resumption of trading this morning after Wall Street clawed back all of Monday’s losses by Friday with another solid session. That should be a solid follow-up to Friday’s 95.7-point, or 1.25%, gain to close at 7777.7. Wall Street’s gains were driven by outperformance by the