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.
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- Brad Thompson
January 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
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
- Opinion
- Opinion
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
- Opinion
- Opinion
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
- Opinion
- Opinion
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
- Opinion
- Opinion
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
- Opinion
- Opinion
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
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