Articles On Codan (ASX:CDA)

The new AUKUS Pact announced last week could be a significant opportunity for some ASX stocks. The increased spending on defence has for many months been highlighted as an opportunity for companies in this space. In 2020 and 2021, defence s...

Highlights The ASX 200 was trading 0.36% higher or 27 points up at 7,487.9 in the opening trade. On the sectoral front, seven out of the 11 sectors are trading higher today. Maca has clocked a record revenue in FY21 of AU$1.1 billion,...

The Commonwealth is set to outlay $1 billion from mid-2022 to establish a Sovereign Guided Weapons and Explosive Ordnance Enterprise, and Electro Optic Systems (ASX:EOS) is primed and ready to take a chunky slice of the pie. It’s part of th...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((ART)) - Airtasker ((ASX)) - ASX ((AIA)) - Auckland International Airport ((BLX)) - Beacon Lighting ((CDP)) - Carindale Property Trust ((CDA)) - Codan ((DTL)) - Data#3 ((...

Highlights The ASX 200 has opened on a flat note with after four straight sessions of losses this week. Seven out of the 11 sectors are trading higher today, with the IT sector leading the pack with a 0.16% gain. Sydney Airport net op...

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 The ASX200 ended 0.50% lower at 7,464.60, led by sell-off in material and energy stocks. The index declined as much as 1% during the session, crossing below its 20-day moving average. E-commerce player Redbubble emerged as...

The ASX 200 lagged the Small Caps index in Thursday trade, dragged lower by what was a brutal session for the big miners. Iron ore prices tanked back towards US$150/tonne overnight, and the big three miners all slumped by more than 5% in to...

The S&P/ASX 200 Index (ASX: XJO) is following the lead of US markets and on course to record another decline. At the time of writing, the benchmark index is down 0.4% to 7,473.3 points. Four ASX shares that are falling more than most t...

Highlights Australian benchmark index, the ASX 200, traded 0.5% lower at 7,466.70 by the lunchtime. Eight of the 11 sectors traded in red, while material and energy declined the most. Civil and mining contractor NRW Holdings topped th...

The Codan Limited (ASX: CDA) share price is taking a hit today, down more than 5% at midday as the market reacts to the company’s full-year FY21 results. Sentiment has been running hot for Codan recently, with shares up 40% year-to-date des...

The Codan Limited (ASX: CDA) share price has been a very poor performer on Thursday following the release of its full year results. At the time of writing, the metal detector-focused technology company’s shares are down 12% to $15.52. Coda...

Highlights Although COVID-19 hit several industries, it served as a tailwind for a few. Uniti Group has withstood the pandemic pressure delivering a massive jump in 1H FY2021 revenue. Pro Medicus signed multiple contracts during the p...

Caterpillar has launched its new 6040 Hydraulic Mining Shovel fitted with added engine configuration to elevate its efficiency. Boasting two fuel-efficient Cat C32 engines, the new shovel has the appropriate settings to meet US EPA Tier 4 F...

Ask A Fund Manager The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In this edition, The Montgomery Fund portfolio manager Joseph Kim tells how he sees value buys across many ASX sec...

Summary The S&P/ASX200 gained as much as 0.9%, crossing above its 20-day moving average.   The market rally was driven by firm global cues and strong buying in energy and material stocks. Seven of the 11 sectors were trading in th...

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 S&P/ASX 200 (ASX: XJO) delivered another strong day on Friday, finishing 0.5% higher as it followed a strong US lead. This time it was news of President Biden receiving approval for his infrastructure package, which pushed the mater...

Codan Limited (ASX: CDA) shares took an 11.8% hit yesterday, despite no news or announcements made by the company. Still, Codan has been an extremely strong performer from the onset of COVID-19. This is thanks to a record high gold price an...

World Overnight SPI Overnight (Jun) 7244.00 + 89.00 1.24% S&P ASX 200 7235.30 – 133.60 – 1.81% S&P500 4224.79 + 58.34 1.40% Nasdaq Comp 14141.48 + 111.10 0.79% DJIA 33876.97 + 586.89 1.76% S&P500 VIX 17.89 – 2.81 –...

Summary The ASX 200 closed sharply lower by 133.60 points or 1.81% at 7,235.30. The market witnessed a sharp, heavy sell-off on persistent concerns over hawkish outlook by the US Federal Reserve. All four big four lenders - Westpac, C...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a disappointing decline. At the time of writing, the benchmark index is down 1.8% to 7,233.7 points. Four ASX shares that have fallen more than mo...

Summary The ASX dropped over 2% to hit intraday low of 7,216.60, led by sharp sell-off in financials, energy, and industrial stocks. The market sentiments were dented by the US Fed official comment that the central bank might raise int...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a sizeable decline. The benchmark index is currently down 1.9% to 7,225.9 points. Here’s what is happening on the market today: Bank of Queensland...

Leading up to the midpoint of 2021, it might be time to take stock and see how your investments stack up against the best performing shares in the S&P/ASX 200 Index (ASX: XJO) so far this year. While the arbitrary timeframe of performa...

Summary The ASX 200 traded lower by 35.20 points or 0.48% at 7,351, weighed down by sharp selling in materials and energy stocks. The market sentiment was dampened by report that the US Fed may announce sooner-than-expected rise in int...

Technology shares have taken a considerable tumble since the market turned on them a few months ago. Despite a rebound this month, the S&P/ASX All Technology Index (ASX: XTX) is still about 10% off its February high. The trouble is tha...

The S&P/ASX 200 Index (ASX: XJO) has been in fine form in 2021 and has just hit a new record high. This means the benchmark index is now up 9.4% year to date. While this is impressive, its pales in comparison to the gains being made by...

Could BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC) be a good buy after dropping 10% sine the middle of April 2021? What’s happening to the ATEC ETF? An exchange-traded fund (ETF) is going to perform in line with its underlyi...

Caterpillar buys Aussie business. TECHNOLOGY firm Codan has agreed to sell its subsidiary Minetec to Caterpillar Holdings Australia.

The S&P/ASX 200 Index (ASX: XJO) went up just over 1% today to 7,218 points. Here are some of the highlights today: Worley Ltd (ASX: WOR) The Worley share price was one of the best performers in the ASX 200 today, rising by 6.5% afte...

02 Jun 2021 - Our snapshot of company news making headlines for the hour, featuring South32 (ASX:S32), Codan (ASX:CDA), Vocus Group (ASX:VOC) & Bubs Australia (ASX:BUB).

The S&P/ASX 200 Index (ASX: XJO) has had a pretty successful year in 2021 so far. We’ve seen the index gain a hefty 7.7% year to date. That’s as well as three new record highs, as of just today. But some ASX 200 shares have invariably...

Codan Limited (ASX: CDA) shares are inching lower during afternoon trade on Wednesday. At the time of writing, the Codan share price is trading 1.35% lower at $18.27. This comes following news the technology company is selling one one of...

The Codan Limited (ASX: CDA) share price has continued its steady climb since the pandemic. Can the Codan share price continue on the same trajectory? Codan Limited is a manufacturer and supplier of communications, metal detection, and mini...

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) is back on form and charging higher. The benchmark index is currently up 0.65% to 7,189.2 points. Here’s what is happening on the market today: Mining giants rise again It has bee...

02 Jun 2021 - Metal detection and radio technology developer Codan (ASX:CDA) has told investors the company intends to offload its mining-focused tracking division Minetec to Cater…

Shares in Codan Limited (ASX: CDA) are leading the S&P/ASX All Technology Index (ASX: XTX) this year. The Codan share price has gained almost 60% in 2021 so far. At the time of writing, shares in Codan are trading at $17.73, gaining 3....

Summary The ASX 200 traded higher in the opening trade on Monday, even as Wall Street ended mixed on Friday. The market gained, buoyed by a rise in energy stocks, while investors looked to US inflation data due later this week. The be...

Shares in Codan Ltd (ASX: CDA) have spent most of the morning in the red today on news the company has completed its acquisition of Domo Tactical Communications. The Codan share price has changed direction this afternoon, however, and is c...

13 May 2021 - Metal detection and mining technology company Codan (ASX:CDA) has completed its $114 million acquisition of US-based company, Domo Tactical Communications.

Summary AVA registered a 66% increase in cash receipts in Q3. The rollout of AVA’s contract with the Ministry of Defence in India remains on track. At 31 March 2021, the company had AU$11.7 million cash at bank and no debt. Ava Ri...

The Australian share market is on a very positive run at the moment and has just hit a 13-month high. Unsurprisingly, this has led to a number of shares climbing to 52-week highs or better. Three that have achieved this milestone are liste...

After 20 years, the War in Afghanistan is coming to an end. US President Joe Biden announced by 11 September all US troops will leave the central Asian country, the date marking the 20th anniversary of the Al-Qaeda terror attacks, which we...

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...

I’m a big fan of buy and hold investing and believe it is the best way for investors to grow their wealth. To demonstrate how successful it can be, I like to pick out a number of popular ASX shares to see how much a single $20,000 investme...

The S&P/ASX 200 Index (ASX: XJO) has run out of steam and is dropping lower on Friday. At the time of writing, the benchmark index is down 0.35% to 6,974.5 points. Four ASX shares that are falling more than most are listed below. Here’...

The S&P/ASX 200 (ASX: XJO) and All Ordinaries (ASX: XAO) delivered another positive day on Thursday, both finishing 1.0% higher, spurred on by an improving global economic outlook. Market sentiment is overcoming growing issues relating...

The S&P/ASX 200 Index (ASX: XJO) has been range-bound for the past few months, bouncing between 6,600 and 6950. The index managed to push into a six-week high on Wednesday, attempting to break out of its trading range. Here are the ASX...

Codan's latest acquisition in the critical communications market should put the company at the forefront of the US government's Next Generation 911 upgrades -May be able to capture portion of US$15bn in infrastructure funding-Earnings visib...