LA Private

September 2024

Star Entertainment’s losses mount as regulatory pressures bite

Struggling casino group, Star Entertainment (ASX:SGR), has taken its losses over the past two years to more than $4 billion, with another substantial deficit revealed in unaudited annual accounts released Thursday afternoon. The way Star downplayed its trading performance since July 1 suggests the company is in for another challenging year in 2024-25—one that will

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Washington H. Soul Pattinson maintains dividends despite profit decline

Just as its associate, Brickworks (ASX:BKW), still lifted its final and full-year dividends for 2023-24 despite a significant loss for the year to July, its biggest shareholder, Washington H. Soul Pattinson (ASX:SOL), did the same, even though it reported weaker inflows from two major investments. Soul Patts, as it is known colloquially, is primarily an

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Stocks of the Hour: 4DMedical, Douugh, Black Canyon

To register for today’s webinar click here. 4DMedical (ASX:4DX) has announced the signing of a comprehensive distribution agreement with Philips, establishing a transformative commercialisation pathway in the U.S. Philips will have exclusive distribution rights to the 4DMedical suite of products with U.S. government customers and non-exclusive rights with all other U.S. customers. Shares are trading

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Surprise stimulus: China’s bold moves to avert economic stagnation

Has China once again saved the global metal industry, the Australian economy, and the fortunes of people like Chris Ellison of Mineral Resources, along with the sagging renewables sector, especially lithium? That’s a significant question for traders to answer right now. However, after three days of surprise announcements from Chinese government officials and the country’s

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