Articles On Austin Engineering (ASX:ANG)

  US stocks bounced back in Friday trading ignoring a hotter than expected payrolls print and upward pressure on bond yields. The Dow rose 307.06 points, or 0.8 per cent, to close at 38,904.04. The S&P 500 gained 1.11 per cent to end th...

Local markets end lower on big bank sell-off Material gains offset by Telco’s and Financials  Small Caps led by rare earths developer Arafura   Local markets have not showered anyone in glory, profit or confidence on Thursday. At 4pm on T...

  On Wednesday, the S&P 500 pulled back from a record reached in the previous session, as Nvidia cooled off from its red-hot rally. The broad market index slipped 0.19 per cent to close at 5,165.31, while the Nasdaq Composite lost 0.54...

Note: Figures recorded at 7:40am AEDT. Updated figures and a video recording will be available at 9am AEDT. The S&P 500 was lower overnight, pulling back from a record reached in the previous session, as Nvidia cooled off from its red-h...

Momentum trading involves taking advantage of, and making profits from, upward trends in a stock. It involves betting that the stock market’s recent winners will remain winners. One of the best known momentum traders in the world is hedge f...

  Another mining services stock shows why it’s been a good earnings season for the sector Grange Resources released study on underground iron ore Lithium stocks lead gains on flat day for materials   Dynamic Drill and Blast (ASX:DDB) has...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((ABG)) - Abacus Group ((ABC)) - Adbri ((AHL)) - Adrad ((AMX)) - Aerometrex ((ALU)) - Altium ((AWC)) - Alumina Ltd ((ATG)) - Articore Group ((ANG)) - Austin Engineering ((...

Austin Engineering has reported a 26 per cent increase in revenue for the first half of the 2023–24 financial year (H1 FY24). The $143.6 million in revenue was driven by continued order book strengthRead MoreAustralian Mining.

  Local markets end +0.13% higher in quasi-comeback Consumer Staples soar on bumper Coles news, but offset by everyone else Small Caps led by Audeara on the back of a massive manufacturing sale   The indignation of Coles has led Consumer...

Momentum investing has been shown to be a successful strategy over the long term. The strategy essentially involves “buying high, but hoping to sell even higher” – which is the counter to the well known strategy of “buy low and sell high”....

The concept of momentum is based on Newton’s first law of motion – which states that an object in motion will continue to stay in motion unless acted upon by an external force. Applied to the financial markets, this suggests that a stock on...

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

August 2023: Winners & LosersBy Rudi Filapek-Vandyck, EditorThe proverbial cavalry storming over the hill this August reporting season in Australia were the discretionary retailers led by Harvey Norman ((HVN)), JB Hi-Fi ((JBH)) Premier...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((ANP)) - Antisense Therapeutics ((APM)) - APM Human Services International ((ANG)) - Austin Engineering ((CDA)) - Codan ((DBI)) - Dalrymple Bay Infrastructure ((DGL)) - D...

The fun police at the ASX are at it again, and a twist emerges in Austin Engineering’s case against former staff member Anastasia Podulova.

First part of 2023, when the hugging was done and Narendra Modi and Marrickville Prime Minister Anthony Albanese got down to brass tacks, the two captains had tossed the coin on trade, defence and renewable energy. They’d signed up for a jo...

Engineering companies are not often discussed among ASX investors, but there are a couple at the moment that look like excellent buys. That’s according to Shaw and Partners portfolio manager James Gerrish, who said in his Market Matters ne...

Big truck bucket builder Austin Engineering claims its former star sales representative copied reams of its computer files after leaving for a new job at rival Schlam.

After rallying back from -0.5% all day, the ASX finished basically flat, -0.06% from break-even Financials sucked but the rest of the market did well, and gold hit a record high above AUD$3,000/oz Lithium explorer Greenwing posts an unexp...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Heavy duty bucket builder Austin Engineering is probing what sensitive information was lost when top  sales representatives joined major rival Schlam.

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

The share market slumped to a five-week low before a partial rebound as investors largely forgave a rare earnings miss from BHP. The S&P/ASX 200 slashed a 55-point opening fall to 15 points or 0.21 per cent by this afternoon’s close....

A rare earnings miss from Australia’s largest listed company helped drag the share market to a five-week low.   The S&P/ASX 200 declined 20.5 points or 0.28 per cent to 7331 by mid-session. BHP accounted for much of the weakness a...

Fund manager Wilson Asset Management (WAM) has identified two top small-cap ASX shares in one of the portfolios it manages that could be investment ideas. WAM operates several listed investment companies (LICs). Some, such as WAM Leade...

Austin Engineering (ASX:ANG) has been selected by the Western Australian government under its Investment Attraction Fund (IAF) to receive a grant of up to $5 million to boost its advanced manufacturing program at its Perth-based operations...

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

ShareCafeTech giants fail to deliver on earnings: Biotechs finding support                    The Nasdaq and S&P 500 slid Wednesday as traders assessed disappointing earnings from tech giants Microsoft and Alphabet. The Nasdaq has...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Investing in small cap mining services stocks can be considered a risky move given their exposure to the never-ending commodities boom and bust cycles, but it can also be a potentially lucrative one if you catch them at the right time.   As...

ShareCafeOil stocks lead weaker markets: Australia set to be lithium leader                    US stocks fell on Wednesday as Wall Street failed to hold on to the sharp gains from the last two sessions. Investors are now wondering whe...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Fund manager Wilson Asset Management (WAM) has identified two top small-cap ASX shares in one of the portfolios it manages that could be investment ideas. WAM operates several listed investment companies (LICs). Some focus on larger compa...

Austin Engineering has exceeded profit guidance, achieving net-profit-after-tax growth of 525 per cent in FY22. The NPAT came in at $20.6 million, above guidance of more than $18m, while total revenue was $203.3m, compared with $198.1m in t...

Austin Engineering has agreed to buy Australian mining equipment manufacturer Mainetec for an initial amount of $19.6 million, funded through cash reserves and debt. Three further earn-out payments will be made if Mainetec achieves agreed p...

Mining services stocks have returned to the limelight amid the corporate rumblings between Maca, Thiess and NRW Contractors say rates will need to rise to secure increasingly thin skills to service a still growing mining industry We pick f...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Supply chains are constrained globally as the world gets back on its feet This comes as inflation takes off, adding upward price pressures caused by scarcity of supply These conditions translate to major headwinds for contractors who agree...

Austin Engineering has doubled its order book year-on-year, partially due to Australia’s uptake of new Ultima truck trays despite a challenging market in Western Australia. The updated design to the core of the Ultima trays has solidified t...

The fund manager Wilson Asset Management (WAM) has recently identified two top small cap ASX shares that it owns in its portfolio that could be ideas. WAM operates several listed investment companies (LICs). Some focus on larger companies...

Austin Engineering (ANG) starts the calendar year with a strong order book, having received over $60 million worth of orders during November and December 2021 The company says the new product orders are for over 100 truck body’s, excavator...

Austin Engineering has closed 2021 with a significant order book boost, adding $60 million during November and December across Asia Pacific and the Americas. The promising finish to the year saw Austin’s order book 19 per cent higher than t...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The ASX finished 0.67% higher, marking the best performance by the Australian bourse since early October. Almost all sectors finished higher with energy and tech – two sectors under siege in recent weeks – recording gains of 2.07% and 1.9%...

Rio Tinto has given a $300 million, five-year contract for the supply of dump bodies, lightweight trays for ore trucks, heavy machinery buckets, water bodies and other fabricated products to a global leader in mining equipment, design and m...

Austin Engineering has delivered its 1000th truck to Rio Tinto Iron Ore in Western Australia (WA), with the arrival of the high-performance ULITMA truck body.  The milestone was marked with a ceremony held at the global mining equipment des...

Global mining equipment manufacturer Austin Engineering has celebrated a historic milestone after delivering its 1000th truck body to Rio Tinto.

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

WA mining engineering company bids for employees by cutting the working week amid the State’s labour shortage.