ASX Announcements
May
BHP gets green light for improved Anglo bid
Two prominent Australian investors say they support BHP making an improved bid for Anglo American so long as discipline is not completely abandoned.
- Peter Ker
November 2023
- Exclusive
- Funding
Aussie songwriter’s tech firm is now worth $879m
He used to write songs for Delta Goodrem. Now Paul Wiltshire has a growing band of investors including Richard White, Perennial and Epic Games supporting his platform for musicians.
- Tess Bennett
October 2023
Inside the battle over Endeavour – and the future of Dan Murphy’s
The liquor retailing giant says it is only adapting to major shifts in consumer habits, not abandoning the big box “category killers” that made it so popular.
- Simon Evans
September 2023
Billionaires v BHP in WA’s lithium power grab
No longer the speculative domain of evangelical retail shareholders, the lithium sector has won acceptance and trust from just about everyone except BHP.
- Peter Ker and Elouise Fowler
- Exclusive
- NSW budget
NSW’s $108b TCorp faces shake-up under plan to slash debt
Treasurer Daniel Mookhey will order a consolidation of six funds and stop borrowing billions of dollars to invest in financial markets.
- John Kehoe
August 2023
Argo Investments posts 13pc drop in annual profits
The ASX-listed investment company underperformed the sharemarket in the 2023 financial year.
- Joanne Tran
February 2023
Argo boss says big bank dividends safe even in a downturn
The managing director of the $7 billion investment group says CBA deserves its hero status and if conditions sour, ANZ, NAB and Westpac will still be OK.
- Simon Evans
October 2022
The best picks among lithium stocks from $7b Argo
Demand should exceed supply in lithium for five years, while big gas producers Woodside and Santos are poised for a purple patch.
- Simon Evans
August 2022
Big banks will struggle as house prices fall, says Argo
Tracking house prices is a ‘national sport’ and sentiment is poor, which doesn’t augur well for holders of ANZ, CBA, NAB and Westpac.
- Simon Evans
February 2022
Argo says CSL, Macquarie, BHP are winners as inflation rises
The boss of the $7 billion investment company says quality lithium and battery minerals stocks should also do well because demand is high.
- Simon Evans
January 2022
- Exclusive
- Wealth Generation
Millennials turn to old-school ASX stalwarts
The 94-year-old Australian Foundation Investment Company was the 12th most popular holding on the Pearler platform last year, indicating strong support from young investors.
- Aleks Vickovich
November 2021
- Updated
- Infrastructure
Mega Sydney airport deal faces ACCC heat
Sydney Airport and suitor IFM Investors face a potential battle with the competition watchdog and small shareholders after agreeing a $23.6 billion takeover.
- Updated
- Liam Walsh and Elouise Fowler
September 2021
Four ways to find diversified dividends
Income-specific managed funds can offer less risk than owning individual shares for yield.
- Tony Featherstone
August 2021
CBA the most expensive bank in the world: Argo boss
The managing director of the $6.6 billion listed investment company says the big four banks have fared well, but Commonwealth Bank’s P-E multiple is too high.
- Simon Evans
February 2021
Dividend rebound to accelerate across ASX
The boss of the $6b Argo Investments says the big four banks are poised to figure prominently as payout levels head higher.
- Simon Evans
TowerCo, dividend top of mind ahead of Telstra results
Some analysts reckon the next significant step for Telstra is the monetisation of TowerCo, which Credit Suisse says may also protect the 16¢ per share dividend.
- Lucas Baird
August 2020
Argo boss says 2021 could be even worse for banks
Jason Beddow is worried that financial markets are factoring in only a short coronavirus pandemic.
- Simon Evans
June 2020
Seven Group to push for Boral to offload US arm
The Kerry Stokes-controlled Seven, with 10 per cent of Boral, is no fan of the drain on returns that Boral's North American business has become.
- Simon Evans
May 2020
LIC fee ban could prevent the 'next Berkshire Hathaway'
Stockbrokers and fund managers have hit back at the federal ban on listed fund commissions, warning it could deter quality products from coming to market.
- Updated
- Aleks Vickovich
February 2020
Coles, Woolies and CSL best bets on ASX: Argo
Offshore investors may cut exposure to Australian in coronavirus economic fallout, and the big banks are still a few months from hitting rock bottom.
- Simon Evans