MDS Financial Blog

Friday, 12 March 2010 Morning Wrap

Michael — Fri, 12 Mar 2010 09:13:09 +0000

Presented by Michael Hevern MDSFinancial Click here to watch the presentation. or Click here to download the mp3 audio recording (992Kb). General Advice Only *********************************************** In this morning’s wrap… SP500 up 0.4% CitiGroup Will be “consistently profitable”-CEO; Up 70% Since March ‘09; NASDAQ up 0.4% US Trade Deficit Narrows on Lower Imports; Still Leading The Way; Dollar Index: Steady Around 80 Level US$ Lower; A$ up 91.52 Baltic Dry: Measures Bulk [...]

Profit plunge for Myer, but then again…

Lucy — Thu, 11 Mar 2010 09:54:39 +0000

The cost of floating on the ASX has resulted in Myer posted a depressing 74.4% decline in first-half profit. Profit for the period fell from $83.2 million to $21.3 million. On the other hand, if the IPO expenses are taken out, Myer actually increased profit by 38% and increased revenue by $1.8 billion. Not [...]

Thursday, 11 March 2010 Morning Wrap

Michael — Thu, 11 Mar 2010 09:14:34 +0000

Presented by Michael Hevern MDSFinancial ### NOTE There is an error Date Stamp on the Front Slide – Should Read 11th March ### Click here to watch the presentation. ### NOTE There is an error Date Stamp on the Front Slide – Should Read 11th March ### or Click here to download the mp3 audio recording (1012Kb). General [...]

Petratherm Share Purchase Plan

Jeff — Thu, 11 Mar 2010 07:38:37 +0000

Petratherm (PTR) announced on the 10/3/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 9/3/2010 on which shareholders must own the share to participate in the SPP. The closing date is still to be announced. A maximum of $15,000 can be purchased by each shareholder [...]

Sun Biomedical Share Purchase Plan

Jeff — Thu, 11 Mar 2010 07:34:55 +0000

Sun Biomedical (SBN) announced on the 10/3/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 10/3/2010 on which shareholders must own the share to participate in the SPP. The closing date is still to be announced. A maximum of $10,000 can be purchased by each [...]

Wednesday, 10th March 2010 Morning Wrap

Michael — Wed, 10 Mar 2010 09:18:52 +0000

Presented by Michael Hevern MDSFinancial Click here to watch the presentation. or Click here to download the mp3 audio recording (1118Kb). General Advice Only *********************************************** In this morning’s wrap… SP500 up 0.2% Anniversary of Bottom of GFC Meltdown (up 68%); “Stocks still cheap” Billionaire Kenneth Fisher (Oversees $US37bn) NASDAQ up 0.4% Leading The Way; New Highs Dollar Index: Steady Around 80 Level US$ Flat; A$ up 91.37 FTSE: down 0.1% – [...]

New Uluru flights a win for GPT

Lucy — Tue, 09 Mar 2010 13:25:55 +0000

Virgin Blue’s decision to fly directly to Uluru is a bonus not just for travellers looking for competitive airfares, but also for GPT Group, owner of the $300 million Ayres Rock Resort. Occupancy at the resort has diminished from 60% to 51% in a year. The resort has been up for sale since July 2008, as GPT [...]

Tuesday, 9th March 2010 Morning Wrap

Michael — Tue, 09 Mar 2010 09:12:21 +0000

Presented by Michael Hevern MDSFinancial Click here to watch the presentation. or Click here to download the mp3 audio recording (1070Kb). General Advice Only *********************************************** In this morning’s wrap… SP500 down 0.1% Sales & Profit Expectations at 5 Year Highs M&A Activity; Dollar Index: Steady Around 80 Level US$ Flat; A$ up 90.91 FTSE: down 0.1% – Rests Portugal Next to Fix Deficit Issues (Defict at 9.3% [...]

Monday, 8th March 2010 Morning Wrap

Michael — Mon, 08 Mar 2010 09:31:48 +0000

Presented by Michael Hevern MDSFinancial Click here to watch the presentation. or Click here to download the mp3 audio recording (1116Kb). General Advice Only ************************************************ In this morning’s wrap… SP500: up 1.4% (3.1% for week) Jobs Up; M&A Activity; Consumer Discretionary +3.9% NASDAQ: up 1.5% (up 3.8% for week) 18 Month High Dollar Index: Testing Highs US$ Lower; A$ up 90.77 FTSE: up 1.3% (up 4.6% for week) Miners Lead Higher; [...]

Nexbis Share Purchase Plan

Jeff — Mon, 08 Mar 2010 07:23:23 +0000

Nexbis (NBS) announced on the 5/3/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 3/3/2010 on which shareholders must own the share to participate in the SPP. The closing date is still to be announced. A maximum of $15,000 can be purchased by each shareholder [...]