February 2024
Kiwi classifieds giant Trade Me in bankers’ pitch books
Sources said Jarden’s Kiwi team, in particular, has pitched the Kiwi classifieds business to PE firms in recent weeks.
- Sarah Thompson, Kanika Sood and Emma Rapaport
February 2019
Apax Partners taps five banks for Trade Me funds
Here's another one for the leveraged finance teams.
- Sarah Thompson and Anthony Macdonald
December 2018
Trade Me backs Apax Partners' $2.4b offer
The $2.4 billion offer from Apax Partners for e-commerce site Trade Me is the biggest private equity deal in New Zealand's history.
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- Bo Seo
April 2017
There's no need to choose between quality and value stocks on ASX: Morgan Stanley
Many of Australia's best companies can now be bought without the premium that normally accompanies quality stocks, Morgan Stanley says.
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- Myriam Robin
November 2015
What SEEK and REA taught Hyperion about investing globally
Hyperion seeded its new global strategy with $1.5 million of staff money, 18 month ago. This has returned 51 per cent from investments in "high quality global marketplace businesses".
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- Matthew Smith
June 2015
Citi tips more profit downgrades to come
From banks and miners to retail brands, a Citi report shows many companies are about to pay for their sins this confession season.
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- Stephen Cauchi
February 2015
Results Wrap | Reporting season blog February 18
Live blog | Welcome to the The Australian Financial Review reporting season blog for 2015. Companies reporting today include ■ Woodside ■ Primary Health ■ Toll ■ Recall ■ Dexus ■ IAG.
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- Will Willitts and Sineva Wilson
October 2014
What the professional stock bargain hunters are buying
Fund managers including Perpetual, Allan Gray, BT Invement Management and Arnhem Investment Management have used this month’s sharemarket turmoil to pick stocks at what they say are attractive prices.
- Vesna Poljak
Tech starlets line up for $77 million Bailador fund
A shortlist of 20 local technology companies is jockeying for crucial funding from Bailador Technology Investments, a firm run by former Fairfax Media boss David Kirk and former CHAMP Private Equity director Paul Wilson, once it raises $40 million in a public listing next month.
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- Sally Rose
September 2014
How to pick the next blue chips
At a time when valuations are beginning to look increasingly full, if not stretched, investors would be wise to look for quality companies outside the top 50.
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- Patrick Commins
Ten stocks to watch
From condom makers to internet shakers, here’s our pick of up-and-coming ASX heavyweights.
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- Tony Featherstone
August 2014
Trade Me Group (TME)
Morningstar has a “hold” recommendation on Trade Me following the release of its full-year results for the financial year ended June 30, 2014, and expects the share price to reach a fair value of $3.60.
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- Su-Lin Tan
Trade Me faces familiar trials as mobile use soars
Mobile use on Trade Me’s online marketplace has surged over the last two years to the point where it now accounts for more than half of all visitors, presenting risks to the company’s revenue model.
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- Max Mason
May 2014
Trade Me (TME)
Intelligent Investor has a ‘buy’ recommendation on Trade Me, with the stock down by around 7 per cent since February 19, although it reduced its price guide.
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- Elise Shaw
February 2014
Trade Me’s earnings growth slows
Trade Me Group has posted a slower pace of earnings growth in the first half of its financial year as New Zealand’s largest online auction site invests in marketing and more staff.
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- Tina Morrison
July 2013
Summerset listing might lead Quadrant to sell down: analysts
Summerset Group’s listing on the ASX might present an opportunity for major shareholder Quadrant Private Equity to sell down its stake, say Deutsche Bank/Craigs Investment Partners analysts.
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- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
May 2013
Merrill Lynch starts Trade Me at ‘buy’
Merrill Lynch has begun its coverage of online retailer Trade Me with a “buy” rating and a price target of $NZ6.50 ($A5.40).
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- Sarah Thompson and Anthony Macdonald
January 2013
Trade Me’s market at peak maturity: CLSA
CLSA puts a ‘sell’ recommendation on New Zealand Trade Me, saying the online used goods market was mature and faced new risks.
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- Sarah Thompson and Anthony Macdonald
December 2012
Fairfax digital drive remains on track
Fairfax Media chief Greg Hywood says the company remains committed to transforming into a digital media business despite offloading its 51 per cent stake in Trade Me, saying it would sell assets when appropriate.
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- Ben Holgate
Fairfax sale of TradeMe a ‘good thing’
TradeMe chairman David Kirk has described Fairfax Media’s $616 million share sale as “a good thing” for the New Zealand based online auction house.
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- John McDuling