ASX Announcements
Notification of cessation of securities - APE
Appendix 3H (Notification of cessation of securities)
- Sep 13, 2024
- 4 pages
May 2024
- Opinion
- Chanticleer
The ASX is waking up to the RBA’s wicked inflation problem
Equity market valuations assume a soft landing, but inflation data suggests the RBA has a big problem on its hands, as CPI remains sticky despite weak spending.
- Updated
- James Thomson
February 2024
Sales about to spike for gas-guzzling utes, hybrids under gun
Two big ASX-listed car dealership groups are worried about proposed emissions standards, as the FCAI warns most hybrid vehicles will be hit hard.
- Simon Evans
Politis cashes in as car sales boom boosts Eagers’ dividends
The country’s largest car dealership said it had a backlog of around 40,000 vehicles ordered by buyers, supporting revenues over the next 12 months.
- Updated
- Simon Evans
January 2024
EV sales double in 2023 but utes still reign supreme
New vehicle sales hit a high last year, breaking 2017’s record. Full battery electric vehicle sales doubled to 7.2 per cent of the total market, but utes remain the top three sellers.
- Updated
- Simon Evans
Eagers Auto says outsiders accessed data from IT servers
Australia’s largest car dealership group, with 200 showrooms, is notifying a “small number” of people who may face a risk of serious data misuse.
- Updated
- Simon Evans
December 2023
Golden times for the used car market are over
The average time taken to sell a secondhand vehicle in Australia is at its highest level in a year, and values keep dropping.
- Simon Evans
August 2023
No discounts in sight for new car buyers
A structural undersupply of 300,000 new vehicles from the pandemic and the rise of electric cars means discounting is a thing of the past.
- Simon Evans
July 2023
- Analysis
- Sharemarket
These small caps are hugely attractive (if you’re brave)
There will opportunities for bargain hunters as the economy slows in the next 12 months with many beaten-up small caps trading at 52-week lows.
- Tony Featherstone
May 2023
Tesla leads total EV sales to near eight-fold jump in a year
The Ford Ranger ute edged out the Toyota Hilux as the biggest selling new vehicle sales in Australia, but the market share of electric vehicles has soared in the past year.
- Simon Evans
April 2023
Eagers expects EV jump as BYD narrows gap on Tesla
Billionaire investor Warren Buffett is a backer of the Chinese car, now the No.2 selling electric vehicle brand in Australia behind Tesla.
- Simon Evans
February 2023
In the market for a new car? Get ready to haggle again
New vehicle supply is improving as the negative wealth effect from falling house prices arrives, ending the golden days for car dealers.
- Simon Evans
Tesla Model 3 the third-highest selling car in Australia
New vehicle sales in January were the strongest in five years, with Tesla price cuts helping push it to the highest ranking ever for an EV.
- Simon Evans
November 2022
How to invest in Australia’s ‘four speed’ economy
There are opportunities in looking beyond “averages” and exploring the different dynamics at play across the country.
- ST Wong
September 2022
New vehicle sales in August highest in five years, EVs jump
The Tesla Model 3 was the fourth-highest selling new vehicle model across the entire market, with electric cars making solid headway.
- Simon Evans
August 2022
Rich Lister doubles down on slow recovery in car sales
New vehicle sales were up 0.4 per cent in July, as Eagers Automotive investor Nick Politis continued a buy-up of shares for a 15th day.
- Updated
- Simon Evans
July 2022
Eagers Automotive says first-half profit to exceed guidance
Australia’s biggest car dealership group says it is likely to report a net profit of $246 million.
- Miranda Ward
May 2022
- Opinion
- Chanticleer
Labor’s climate push throws up unlikely ASX winners
Incitec Pivot’s $7 billion demerger plan shows investors must think how stocks will win and lose as climate policy shifts, and how individual stocks will fare.
- Updated
- James Thomson
New car delivery backlogs crimp Eagers Automotive profit
Australia’s biggest car dealership group will soon start selling Chinese electric vehicle brand BYD alongside its existing 40 car brands.
- Updated
- Simon Evans
March 2022
Sydney Roosters mull JobSaver repayments
Is it any wonder Easts is such a glutton for government cheques with no return address?
- Joe Aston
February 2022
Eagers Automotive strikes deal with Chinese electric vehicle giant BYD
Sydney Roosters chairman Nick Politis will get a dividend payout of $29.8 million, as Australia’s biggest car dealership group doubles profits.
- Simon Evans