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Global Construction Services

June 2018

Construction peers claim $322 million merger is match made in heaven

A merger between two Perth-based construction and maintenance services peers is a perfect fit, according to SRG Limited managing director David Macgeorge.

  • Updated
  • Brad Thompson

January 2018

Fund managers are looking to beat the market this year. The tastiest long and short investment ideas suggest the longs have the edge in 2018.

Australian fund managers reveal best long and short ideas for 2018

The tastiest long and short investment ideas for the year suggest the longs have the edge in 2018.

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  • Jonathan Shapiro and Vesna Poljak

October 2014

UBS hired as GCS defence

Investment bank UBS has been drafted in as defence adviser for Perth-based small cap Global Construction Services (GCS).

  • Sarah Thompson | Anthony Macdonald | Jake Mitchell

June 2014

Bell Potter slashes forecasts for Global Construction Services

Analysts at Bell Potter ran the ruler across Global Construction Services after the company provided profit guidance well below its expectations.

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  • Trevor Hoey

November 2013

Five Australian stock picks for 2014

Romano Sala Tenna, portfolio manager of Perth-based Katana Asset Management, talks about five stocks in the Australian equities portfolio that he is most bullish on for 2014.

  • Sally Rose
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September 2013

Perth contract wins attention for Global Construction

Global Construction Services’ share price implies a price-earnings multiple that is significantly below the industry group average. While some discount is justified given the relatively small size of the company compared with most of its peers it appears overdone

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  • Trevor Hoey

September 2012

GCS finally clears first raising hurdle

Institutional investors have backed Global Construction Services’ re-priced equity raising, tipping in $27.3 million at 60¢ a share.

  • Sarah Thompson and Anthony Macdonald

Global Construction reprices raising

Global Construction Services has buckled to the shocking equity capital markets environment, significantly re-pricing its capital raising after meeting with investors.

  • Sarah Thompson and Anthony Macdonald

Global Construction trading suspended

Trading in Global Construction Services has been suspended as the company prepares to re-price its equity raising.

  • Sarah Thompson and Anthony Macdonald

Global Construction extends trading halt

Global Construction Services could announce new terms for its equity raising, after extending its trading halt on Wednesday.

  • Sarah Thompson and Anthony Macdonald

GCS’s timing could’ve been better

There would have been some terse words between Global Construction Services boss Enzo Gullotti and his adviser Bell Potter Securities on Friday after GCS shares dropped 25.5 per cent.

  • Sarah Thompson and Anthony Macdonald

Global Construction to raise $32m

Perth-based Global Construction Services is seeking to raise $32.1 million in an institutional placement and rights issue.

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  • Sarah Thompson and Anthony Macdonald

September 2011

Experts nominate mixed bag as key picks

While small caps will probably continue to lag their larger rivals, on the perception they are a riskier proposition, a number are tipped to perform relatively well.

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  • Brendon Lau

April 2011

GCS upgrades and buys in WA

Global Construction Services has upgraded profit guidance alongside its acquisition of a leading provider of specialised labour hire in WA.

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  • Trevor Hoey

GCS flags acquisition and capital raising

Global Construction has requested a trading halt pending a large acquisition and associated capital raising.

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  • Trevor Hoey
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November 2010

Global announces rise in profit guidance

Global Construction Services announced on Thursday morning that it expected to achieve a net profit of $17.1 million in 2010-11, an increase of 20 per cent on previous guidance.

  • TREVOR HOEY

August 2010

Global Construction

The West Australian construction services company said it was well placed to capture increased contract revenue, underpinned by demand from the expanding oil and gas sector in 2010-11 after a challenging year.

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Global Construction sees strong year growth

Global Construction Services achieved a net profit of $11.4 million in 2009-10, representing earnings per share of 13.1¢.

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  • Trevor Hoey

June 2010

Outlook mixed for Global Construction

In the first half of 2009-10, Global Construction Services recorded a net profit of $4.9 million, 9.3 per cent down on the previous corresponding period.

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  • Trevor Hoey

December 2009

Brief: Global Construction Services

Corporate news snapshot for Global Construction Services

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Original URL: https://www.afr.com/company/gcs-no