Articles On Austin Engineering (ASX:ANG)

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.

Austin Engineering has invested $6.5 million into advancements at its Perth and Indonesia operations as the company commences its first contract with NRW Holdings. Austin will introduce enhanced manufacturing processes at its Kewdale and Ba...

Austin Engineering has begun a strategic support alliance with Mader Group for the inspection, maintenance and repair of its heavy mobile equipment in Western Australia, Queensland and New South Wales. The alliance will work on a ‘tap-on, t...

Austin Engineering will provide truck bodies to NRW Holdings’ Civil and Mining division and Perenti Global as part of new contracts between the companies. Austin received contracts for 27 truck bodies and other equipment including five ore...

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...

Highlights  The ASX200 closed 0.35% higher at 7,487.30, led by buying in tech, realty and consumer discretionary stocks. Mining firm Pilbara Minerals topped the gainer list, while insurance company NIB Holdings emerged as the top loser...

Ikwezi Mining (ASX:IKW) topped the latest Running Hot list with a 14-day RSI of 82, after two straight weeks where lithium stocks dominated. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength I...

Another red day for the ASX to close out the week. The ASX 200 closed 0.05% down from yesterday at 7,461 points, 2.2% lower than a week ago. The ASX Emerging Companies Index meanwhile dropped 2.09%, closing at 2,187 points which is over 5%...

Austin Engineering will be upgrading and automating its design and manufacturing facilities at its Perth hub as part of a $6.5 million capital investment the company is conducting. This will elevate Austin’s mining service offering – one wh...

Highlights  Austin (ASX:ANG) approves major APAC Manufacturing Investment Newcrest Mining (ASX:NCM) delivers record returns at Cadia mine and in FY21 results Fatfish (ASX:FFG) surges 11% on funding for BPNL businesses in Southeast Asi...

Highlights E-commerce major Redbubble rose 19% as investor cheered the company’s FY21 earnings. Origin Energy dropped over 4% on disappointing earnings. BHP Group extended fall for second day on company’s decision to merger its petrol...

Under new management and with a re-stated plan as to the way forward, Austin Engineering (ASX:ANG) has been presenting the market with compelling price action since re-testing recent lows across 12c in May and June of this year. After conso...

There’s no doubt there’s a building boom right now in the US, with the Biden administration investing big bucks to create and preserve more than 2 million sustainable homes as part of its Build Back Better Agenda. And while there’s volatili...

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...

David Singleton has been named managing director of Austin Engineering despite an the well-known Perth business executive facing civil action in the Federal Court brought by ASIC.

14 Jul 2021 - Austin Engineering (ASX:ANG) has appointed David Singleton as CEO and Managing Director.

Many sectors will be watched this reporting season but it is unlikely few will have more uniform success than mining services stocks. The gain in certain commodity prices throughout the pandemic ranging from gold to copper, battery metals t...

The past 12 months has been a good time for ASX drilling stocks – and mining services generally – but companies are claiming there’s more good times to come. ASX investors would be all too familiar with the commodities boom in the last 12 m...

Austin Engineering’s order book has moved by $35 million in revenue after it received orders for more than 100 products in the past few weeks. Western Australian and Queensland operations have heavily contributed to Austin’s order book, wit...

The company’s Asia Pacific region operation is doing well and is the main driving force behind a surge in orders which is keeping two large facilities in Perth and Indonesia close to capacity.

Summary Austin Engineering has bagged contracts worth over $35 million. It is witnessing softness in capital expenditure decision in North America and South America. Vita Life Sciences is expecting EBIT growth of around 75% over FY19,...

The Austin Engineering Ltd (ASX: ANG) share price will be on watch this morning. This comes after the company announced after yesterday’s market close it has received a number of new orders for its products. The Austin share price finished...

Following the partnerships forged by the company to expand sales in Africa, Europe and Latin America, Austin received orders worth more than $6 million.

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...

ShareCafeBargains For The Brave In The Mining Services Sector So far at least, the leading resources stocks have been a shining headlamp of hope down the dark and deep pit of the COVID-19 crisis. The crucial iron ore sector has barely misse...

By Tim Boreham, Editor, The New Criterion Bargains for the brave in the mining services sector So far at least, the leading resources stocks have been a shining headlamp of hope down the dark and deep pit of the COVID-19 crisis. The crucial...

Austin Engineering is set to trial its Ultima truck bodies on 240-tonne haul trucks at an unnamed gold mine in Western Australia. The trial has the potential to be converted into a fleet-wide body upgrade, with the Ultima truck bodies reach...

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...

The mining industry is encouraged to learn more about payload matching around achieving lowest cost per tonne. Anecdotal research revealed that this is not well understood within the mining industry. Designer and manufacturer of customised...

Austin Engineering has been recognised globally for its design and maintenance of excavator buckets. The two-piece buckets, which Austin Engineering designs and manufactures in Australia feature a reusable upper section to maintain structur...

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...

Austin Engineering has delivered a strong 2019 financial year, with the company’s recording its strongest operating cash flow performance since 2013. Brisbane-based Austin reported a 33 per cent increase in net profit after tax (NPAT) relat...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

In this week’s recap of substantial holders, a Dubai executive bought into Prospect Resources (ASX: PSC), Salt Funds Management sold $8.3 million of Monash IVF (ASX: MVF) and a tin company raised $20 million to save itself from the ‘three-y...