May 2023
MoneyMe register reshaped after $37m raising
New investors have appeared but no one knows what they plan to do with the company.
- Ayesha de Kretser
July 2021
Thorn Group added to Forum Group exposure list
Thorn Group is the fifth lender to disclose that it may be a victim of alleged fraud involving the Forum Group.
- Jonathan Shapiro and Max Mason
September 2019
Thorn Group seeks to raise $38.7 million
Thorn Group was in front of fund managers on Monday seeking to raise about $38.7 million.
- Sarah Thompson and Anthony Macdonald
Thorn Group knocks back COG again, considers recap proposal
Thorn Group is believed to be mulling a recapitalisation proposal backed by major shareholder Duncan Saville for one of its divisions.
- Sarah Thompson and Anthony Macdonald
October 2014
‘Struck’ companies pare executive pay
Most of the companies that suffered a strike to remuneration reports in last year’s annual general meeting season have trimmed their 2014 remuneration to avoid a second strike.
- Updated
- Su-Lin Tan
Thorn Group (TGA)
Morningstar has advised a “hold” recommendation on electrical rental business Thorn Group, with a fair value price expectation of $2.30 a share.
- Updated
- Su-Lin Tan
November 2012
Healthy returns amid tough crowd
Australia’s big four banks have been one of the year’s success stories, delivering significant share price appreciation alongside a healthy dividend yield.
- Updated
- Tim Binsted
October 2011
September 2011
Thorn Group (TGA)
The impact of price deflation in the broader retail PC market on the company’s rental volumes and gross margins, along with ongoing investment in growth initiatives and potential EPS dilution, are cited by the broker as likely causes for the sub-trend growth.
- Updated
- anna raissis
August 2011
Bad news is silver lining for hardship stocks
Weaker economic growth may be an opportunity for companies that rent goods, provide short-term finance or buy distressed debt.
- Updated
- Tony Featherstone
July 2011
Rental companies prove a hit
Tough times are a boon for rental and equipment leasing companies but investors should look at opportunities for growth to see whether the high returns will continue.
- Updated
- Claire Stewart
May 2011
Thorn Group (TGA)
Thorn Group, owner of consumer goods rental retail store Radio Rentals, has thrived in conditions of consumer caution that have hurt other retail stocks.
- Updated
- Joanna Heath
Thorn Group (TGA)
Royal Bank of Scotland has maintained a “buy” rating and $2.40 price target on Thorn Group after the company announced a record result, beating the broker’s forecast.
- Anna Raissis
Margins a pointer to quality
Most small industrial stocks are likely to experience margin pressure in the current financial year but this risk has not been fully factored in by analysts.
- Updated
- Small capsBrendon Lau
Thorn thrives on uncertainty
Thorn Group, the company behind Radio Rentals, has posted a double-digit lift in full-year earnings and expects a substantial increase in profit in the new financial year.
- Updated
- Carrie LaFrenz
Juniors’ performance a marginal issue
Investors should be closely watching profit margins over the coming months because margin performance often gives an indication on the quality of the business.
- Updated
- Brendon Lau
Investors will watch test of bullish forecasts
A number of companies are due to report earnings this week, and as the market works through the earnings confession season, investors will be watching closely.
- Updated
- Anna Raissis
March 2011
Some good news at the junior end
A number of small-cap stocks are exciting investors, due to news of earnings upgrades, acquisitions and new contract wins.
- Updated
- Brendon Lau
Company briefs
Rio Tinto has boosted its stake in takeover target Riversdale Mining to 33.04 per cent from 30.59 per cent. The offer for the Mozambique coal developer is set to expire on April 1, unless extended, while a bump in the offer price to $16.50 from $16 is contingent on Rio gaining majority control by March 23.Jamie Freed
January 2011
Bullish response to upbeat news
Favourable news by a number of companies prompted significant share price re-ratings on Wednesday.
- Updated
- Trevor Hoey