Archive for the 'Small Cap Monitor.' Category



Kupe Gas Project To Drill New Well.
March 28th. 2008 - Australasian Investment Review – (AIR)
Delevopers of New Zealand’s Kupe Gas Project said today they are set to undertake exploration drilling of the Momoho prospect, 6 kilometres south of the Kupe Gas Field and within the Kupe permit area.
In a statement to the media, Origin Energy [...]

David Jones Lifts 1H Profit By 25%
Upmarket retailer, David Jones (DJS) today delivered a satisfying half year profit of $89 million, pushing the shares up by 4.8% to $3.71.
David Jones reported underlying profit after tax of $89 million for the first half of the 2008 compared to $71.1 million the previous financial year, an increase [...]

Sigma Pharma Positive On Outlook Despite Profit Slump.
Drug manufacturer and distributor, Sigma Pharmaceuticals (SIP) has met its annual earnings forecast and said net profit would rise 7% this year, propelling its shares up5%.
This is despite the group reporting 24% decrease in net profit after tax to $77.2 million, from $101.8 million in the previous year.
However, [...]

Bendigo Bank Re-rated By S&P.
Amidst the battering the finance sector has endured in recent times, one bank received a small blessing today - Standard and Poor’s rating agency today reaffirmed the long-term financial ratings of recently merged Bendigo Bank and Adelaide Bank at BBB+/A2.
This reflects the financial strength of the two banks, which merged in [...]

New Hope Posts Mixed Results.
March 19th. 2008 - Australasian Investment Review – (AIR)
Queensland coal miner, New Hope (NHC) today delivered a 9.4% increase in operating profit due to strong production and sales growth.
The company reported $36.6 million operating profit for the six months to January 31st.
New Hope said the result was driven by a 20% [...]

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PNG LNG - Closing In On The Deal.
March 14 2008 - Australasian Investment Review – (AIR)

Oil Search and the participants in the Papua New Guinea liquefied natural gas (PNG) project have signed a joint operating agreement, paving the way toward commercialisation of PNG’s gas resources.
The joint operating agreement outlines the rights and obligations of the [...]

Monax Mining Samples High Grade Iron.
March 13th. 2008 - Australasian Investment Review – (AIR)

Shares in diversified resources miner, Monax Mining (MOX) surged by as much as 29% on Thursday after the company said it has received high grade iron and manganese samples from its Waddikkee tenement in South Australia.
The stock rose to a high of [...]

Macquarie Media Sells Of Its Stake In Taiwan
Macquarie Media Group (MMG) has sold its 60% interest in Taiwan Broadband Communications (TBC) to a Macquarie Group managed fund for about $400 million.
MMG said it will not need to refinance any term debt until 2010.
In addition to the agreed amount, MMG will receive $239 million net distribution [...]

Manaccom To Distribute Products To Big W Stores.
Computer software publisher, Manaccom (MNL) today said it had entered into an arrangement with Big W retail stores to supply a selection of popular software titles throughout its stores nationwide.
The company said the arrangement will continue to establish Manaccom as a software supplier of choice for retailers throughout [...]






	
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