ASX Announcements
Notification of cessation of securities - GMG
Appendix 3H (Notification of cessation of securities)
- Jan 13, 2025
- 4 pages
Market Sensitive
Dividend Record Date, Dividend Pay Date, Dividend Rate
- Dec 11, 2024
- 4 pages
Yesterday
Citi upgrades shopping centre operator Scentre in recovering market
The investment bank has also flagged Goodman, National Storage, Ingenia, Stockland and GPT as stocks in for a better year.
- Michael Bleby
This Month
Goodman, Scentre among REITs set to bounce higher in 2025
A lack of new supply is expected to put more pricing power in the hands of landlords, meaning stronger earnings growth in 2025, say global investment managers.
- Larry Schlesinger
ASX closes higher as oil prices power energy rally; CBA lifts 1pc
Shares closed higher on Friday as energy stocks rallied for a second day, while gold miners also lifted the index. Commonwealth Bank closed 1 per cent higher.
- Updated
- Nicola Blackburn
December 2024
Australia’s 50 highest-paid CEOs in 2024 revealed
Macquarie Group’s Shemara Wikramanayake is Australia’s best-paid CEO for the fourth year in a row.
- Patrick Durkin
- Opinion
- Business People of the Year
Greg Goodman turns his company into a data centre powerhouse
The billionaire’s push to meet the booming demand for data storage lands him a place on the 2024 The Australian Financial Review Business People of the Year list.
- Larry Schlesinger
- Opinion
- Business People of the Year
Humble starts, billion-dollar deals unite Business Person of the Year winners
Founders of Chemist Warehouse Jack Gance, Sam Gance and Mario Verrocchi, and AirTrunk’s Robin Khuda take the top prize for 2024.
- James Thomson
Black Tuesday block fiasco has Citi staring down $50m loss
Snagging an order to sell $1.9 billion of Goodman shares should have been a coup. But the bungled deal has wiped the equities team’s entire annual fee revenue.
- Sarah Thompson, Kanika Sood and Emma Rapaport
GDP misses forecasts; Chaos in South Korea; Forrest’s female fund
Read everything that’s happened in the news so far today.
Monster $1.9b Goodman Group block recut; Citi tipped to lose $35m
Fund manager sources said the belly flop came down to Citi’s ECM team trying to move nearly $2 billion worth of stock at a super-tight discount rather than a lack of demand for Goodman shares.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November 2024
- Opinion
- Chanticleer
Founder problems? Pull the other one. Founder stocks are flying
Look at the companies whose shares have hit all-time highs this week and what do you see?
- Anthony Macdonald
ASX property stocks are the ‘quiet achievers’, says SG Hiscock
Portfolio manager Grant Berry says residential developer Peet has the most near-term upside and opportunity abounds in the smaller end of the property sector.
- Joanne Tran
Goodman suffers first strike against pay despite 75pc return
The industrial powerhouse suffered a 34 per cent protest vote against its remuneration report despite reporting “truly outstanding” FY24 results.
- Larry Schlesinger and Campbell Kwan
Dutton’s tax surprise; Trump picks Musk; Borrowers ‘bank tax cuts’
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
The cycle that helps Goodman employees out-earn Macquarie by 2.3 times
Should the tide ever turn on logistics parks, data centres and Goodman Group’s incredible business, perhaps investors will wonder whether they cut it too much slack.
- Anthony Macdonald
The property giant that will soon build more data centres than sheds
The launch of a number big turnkey data centre projects next year – including in Sydney and Paris – will ramp up the value of Goodman’s global workbook.
- Larry Schlesinger
- Opinion
- Chanticleer
The striking thing about Goodman Group’s $25b data centres run
Listening to Greg Goodman, we’re reminded of another large cap’s ambitious organic expansion plans. The investor reception is chalk and cheese.
- Anthony Macdonald
September 2024
Data centre owner Infratil revels in the AirTrunk effect
Shares in the CDC investor rose on Wednesday following AirTrunk’s $23.5 billion sale to a Blackstone-led consortium.
- Tess Bennett
AirTrunk’s $23.5b AI pay day
Blackstone emerged as the winning bidder in the year’s biggest merger and acquisition deal, netting its founder Robin Khuda a $1 billion-plus payday.
- Paul Smith and Anthony Macdonald
August 2024
No sweetener for NextDC in AirTrunk’s $20b auction
The CEO of data centre group NextDC, Craig Scroggie, doesn’t expect AirTrunk’s sale to influence the way his company is valued by the sharemarket.
- Tess Bennett
- Results Wrap
- Chanticleer
Expectations collide with reality on day four of earnings season
The good times cannot last forever at Origin Energy and Cochlear, while Goodman Group feeds the ducks like only it can, and Telstra’s Vicki Brady talks up recent cost cuts.
- James Thomson and Anthony Macdonald