Articles On Kina Securities (ASX:KSL)

Title Source Codes Date
Westpac tips a $1.3 billion hit to its 2nd half profit

Westpac (ASX:WBC) flagged some slightly sobering news for investors this morning with a $1.3 billion profit downgrade. The company revealed a cut to its forecast profit for the second half of FY21 (which for Westpac is 1 April to 30 Septemb...

Stockhead KSL 1 week ago
These were the best performing ASX bank shares in September

September was a difficult month for the S&P/ASX 200 Index (ASX: XJO). The benchmark index lost a disappointing 2.6% of its value during the month to finish the period at 7,332.2 points. One area of the market that was reasonably resili...

Motley Fool KSL 2 weeks ago
The Westpac (ASX:WBC) share price is down 3% so far in September. What’s next?

The Westpac Banking Corp (ASX: WBC) share price is falling lower this month. Shares in the Aussie bank are down 3.3% since closing at $26.11 per share on September 1. That means Westpac is underperforming the S&P/ASX 200 Index (ASX: XJ...

Motley Fool KSL 3 weeks ago
The Week that Was – September 20-24, 2021

ShareCafeThe Week that Was – September 20-24, 2021 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do...

ShareCafe KSL 3 weeks ago
KSL – Morgans rates the stock as Add

ShareCafeKSL – Morgans rates the stock as Add In what Morgans describes as a disappointing outcome, Kina Securities and Westpac Bank ((WBC)) have mutually agreed to terminate the agreement for the purchase of Westpac’s Asia Pacific business...

ShareCafe KSL 3 weeks ago
ASX 200 morning report – Z1P, WBC & KSL shares in focus

Amid growing concerns that the S&P/ASX 200 (ASX: XJO) was set for a significant sell-off, positive news from China saw the market rally throughout the session on Wednesday. The market ultimately finished 0.3% higher with materials and m...

Rask Media KSL 3 weeks ago
From Westpac to Healius: Five shares that grabbed headlines today

Highlights Westpac shares dropped 1% on termination of talk to sell pacific business. Douugh shares fall on plan to list in United States. Shares of Janus Henderson Group rose on plan to launch ESG fund. Zip Co shares surged 5% on pl...

Kalkine Media KSL 3 weeks ago
ASX jumps 0.5% on Evergrande news; Worley, AGL Energy lead

Highlights The ASX 200 gained 0.5% by mid-session, paring opening losses. The market rebounded after China’s Evergrande reached a deal with bondholders. Six of 11 sectors traded in red, while energy emerged as biggest gainer. Worley,...

Kalkine Media KSL 3 weeks ago
Westpac Stuck in PNG for Now

ShareCafeWestpac Stuck in PNG for Now Westpac has halted plans to sell its majority stake in Westpac PNG Limited and Westpac Fiji to ASX-listed Kina Securities and will retain it for the time being while it works out a future course of acti...

ShareCafe KSL 3 weeks ago
ASX 200 (ASX:XJO) midday update: Evergrande news boosts market, Zip’s Indian investment

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) has rebounded from a poor start and is charging higher. The benchmark index is currently up 0.4% to 7,301.3 points. Here’s what is happening on the ASX 200 on Wednesday: ASX 200 b...

Motley Fool KSL 3 weeks ago
Westpac (ASX:WBC) confirms an end to its Pacific sale

22 Sep 2021 - Westpac (ASX:WBC) has officially terminated its agreement with Kina Securities for the sale of its Pacific businesses.

FNN KSL 3 weeks ago
ASX 200 opens lower; Zip announces to enter Indian market

Highlights During the opening session, the ASX 200 was trading 8.8 points or 0.12% lower at 7,265. Market breadth is depicting that bears have an upper hand today, with all 11 sectors being negative so far. Zip Co has decided to enter...

Kalkine Media KSL 3 weeks ago
Westpac (ASX:WBC) share price on watch after asset sale terminated

The Westpac Banking Corp (ASX: WBC) share price will be one to watch on Wednesday. This follows the release of an update on an asset divestment. Why is the Westpac share price on watch? Investors may want to keep an eye on the Westpac shar...

Motley Fool KSL 3 weeks ago
ASX 200 rises, Zip falls, Brambles sinks

The S&P/ASX 200 Index (ASX: XJO) went up by 0.2% today to 7,443 points. Here are some of the highlights from the ASX: Brambles Limited (ASX: BXB) The Brambles share price was the worst performer in the ASX 200 today, falling by over...

Motley Fool KSL 1 month ago
Kina Securities (ASX:KSL) share price slides 4% amid acquisition blow

The Kina Securities Ltd (ASX: KSL) share price has slipped 4% into the red during afternoon trade on Tuesday. The company’s shares are now trading at 86 cents each, down 4.44%. Kina shares are on the move as the company advised an acquisi...

Motley Fool KSL 1 month ago
Westpac (ASX:WBC) denied sale approval: Kina (ASX:KSL) share price drops

The Kina Securities Ltd (ASX: KSL) share price dropped after Westpac Banking Corp (ASX: WBC) was denied regulatory approval to sell Kina part of its business. Westpac wanted to sell its Pacific businesses In December 2020, Westpac announced...

Rask Media KSL 1 month ago
ASX 200 (ASX:XJO) midday update: Westpac asset sale blocked, Zip crypto update

At lunch on Tuesday, the S&P/ASX 200 Index (ASX: XJO) is trading marginally lower. The benchmark index is down slightly to 7,419.5 points. Here’s what is happening on the ASX 200 today: Westpac asset sale blocked The Westpac Banking Co...

Motley Fool KSL 1 month ago
PNG blocks Kina Securities from buying out Westpac’s local business

Shares in Papua New Guinea-focused banking and financial institution Kina Securities (ASX:KSL) fell after regulators rejected its bid to buy Westpac’s (ASX:WBC) local business. Kina is one of the few big commercial banks in PNG, with others...

Stockhead KSL 1 month ago
ASX 200 opens lower, slow vaccination drive dents sentiments

Highlights The benchmark index, the ASX 200 was trading 7.3 points lower at 7,417.9 during the opening session. The market breadth is showing negative sentiments taking over in today’s session, with seven out of the 11 sectors trading...

Kalkine Media KSL 1 month ago
PNG watchdog blocks Westpac's (ASX:WBC) Pacific sale

14 Sep 2021 - Papua New Guinea’s watchdog has blocked the sale of Westpac’s (ASX:WBC) Pacific businesses to ASX-listed Kina Securities (ASX:KSL).

FNN KSL 1 month ago
PNG Ruling Leaves Westpac Stranded

ShareCafePNG Ruling Leaves Westpac Stranded Westpac might be stuck with the remainder of its South Pacific banking operations after the most logical buyer was finally ruled out by the PNG competition authorities. The bank announced Tuesday...

ShareCafe KSL 1 month ago
Westpac (ASX:WBC) share price on watch after asset sale blocked

The Westpac Banking Corp (ASX: WBC) share price will be one to watch on Tuesday. This follows the release of an update on a proposed asset sale this morning. What did Westpac announce? According to the release, Westpac has revealed that it...

Motley Fool KSL 1 month ago
Katana’s Romano Sala Tenna talks BHP-Woodside, market predictions and his ASX ‘deep value’ plays

Stockhead caught up with portfolio manager Romano Sala Tenna of Katana Asset Management to find out what he’s been investing in, and his market predictions for the rest of the year. Investors breathed a sigh of relief this week, when US Fed...

Stockhead KSL 1 month ago
Best calls to action – Monday, 30 August

Today, Monday the 30th of August, we are happy to buy Eagers Automotive (ASX:APE), Nextdc (ASX:NXT), Peter Warren (ASX:PWR), Costa Group Holdings (ASX:CGC), Adbri Limited (ASX:ABC), Waypoint REIT (ASX:WPR), Aust Finance Grp (ASX:AFG), Bega...

Morgans KSL 1 month ago
FNArena Corporate Results Monitor – 30-08-2021

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AFG)) - Australian Finance Group ((BGA)) - Bega Cheese ((BEX)) - BikeExchange ((DTC)) - Damstra holdings ((DDH)) - DDH1 ((GDG)) - Generation Development ((GNX)) - Genex...

FNArena KSL 1 month ago
Westpac (ASX:WBC) share price on watch after asset sale blow

The Westpac Banking Corp (ASX: WBC) share price will be one to watch on Tuesday. This follows the release of a disappointing update on a proposed asset sale after the market close. What did Westpac announce? Late last year Westpac announce...

Motley Fool KSL 2 months ago
Westpac’s (ASX:WBC) double life insurance divestment looms

Westpac Banking Corporation (ASX: WBC) is reportedly nearing D-day for the sale of its Australian and New Zealand life insurance businesses. The bank’s share price appears to have gotten caught up in today’s market weakness. At the time of...

Motley Fool KSL 3 months ago
IPO Watch: The ASX welcomed two new financial services firms today – BSP and Pepper Money

Financial services entities BSP Financial (ASX:BFL) and Pepper Money (ASX:PPM) both completed IPOs and listed on the ASX earlier today, but BSP hasn’t begun trading and Pepper dropped on debut. Arguably Pepper would be better known to most...

Stockhead KSL 4 months ago
Morgans picks small cap ASX shares with near-term share price catalysts

The market looks caught in a fairly tight trading band since April as bulls and bears look to see who blinks first. In this climate, a good way to pick ASX shares to buy is to target those with positive near-term catalysts, according to Mo...

Motley Fool KSL 4 months ago
It’s not just the Big 4 – here’s why the ASX banking sector isn’t as boring as you think

The list of ASX bank stocks is greater than just the Big 4 – over a dozen ASX stocks offer various banking services from retail banking to mortgages. Only a few of these are in the retail banking space. Examples include Tasmanian headquarte...

Stockhead KSL 6 months ago
Two ASX recovery shares with room to run higher

It seemed too good to be true. Just days after US President Joe Biden edged out former President Donald Trump in the November US elections, the world was greeted by multiple effective COVID-19 vaccine announcements. Coupled with ongoing tu...

Motley Fool KSL 7 months ago
FNArena Corporate Results Monitor – 26-02-2021

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((LFG)) - Liberty Financial ((A2M)) - a2 Milk Co ((AMX)) - Aerometrex ((APT)) - Afterpay ((AGI)) - Ainsworth Game  ((AIZ)) - Air New Zealand ((ANP)) - Antisense Therapeuti...

FNArena KSL 7 months ago
“Your Stock Request” – 4 February 2021

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Fairmont Equities KSL 8 months ago
Westpac Between APRA And A Hard Place

Westpac has divested of several non-core operations yet as the banking regulator puts pressure on governance measures, costs will undoubtedly rise -CET1 ratio improves with sales-Yet new governance issues emerge-Expenditure on compliance sq...

FNArena KSL 10 months ago
KSL – Morgans rates the stock as Add

ShareCafeKSL – Morgans rates the stock as Add Kina Securities announced an agreement to acquire Westpac Bank’s ((WBC)) businesses in the Pacific (PNG and Fiji) for $420m. This will make Kina Securities the third largest bank in Fiji. Morgan...

ShareCafe KSL 10 months ago
ASX 200 rises on Monday

The S&P/ASX 200 Index (ASX: XJO) went up by around 0.6% to 6,675 points today. Here are some of the highlights from the ASX: Metcash Limited (ASX: MTS) The food, liquor and hardware business reported its FY21 half-year result and rev...

Motley Fool KSL 10 months ago
Westpac (ASX:WBC) to sell pacific businesses to Kina Securities

07 Dec 2020 - Westpac (ASX:WBC) will sell its Pacific businesses – Westpac Fiji and Westpac’s 89.91% stake in Westpac Bank PNG Limited – to Kina Securities for up to $420 million.

FNN KSL 10 months ago
Westpac (ASX:WBC) stitches up $420M deal to sell its Pacific Businesses  

Westpac Banking Corporation (ASX:WBC) has announced the sale of Westpac Fiji and its 89.91 per cent stake in Westpac Bank PNG Limited to Kina Securities Limited (ASX:KSL). The sale is in line with Westpac’s strategic decision to focus on co...

Kalkine Media KSL 10 months ago
Westpac (ASX:WBC) sells Pacific business for up to $420 million

Westpac Banking Corp (ASX: WBC) has announced the sale of its pacific businesses to Kina Securities Ltd (ASX: KSL). Westpac Pacific includes commercial banks in both Fiji and PNG as well as services to retail, business and institutional ban...

Rask Media KSL 10 months ago
Westpac (ASX:WBC) makes $420 million sale

Westpac Banking Corp (ASX: WBC) has sold its Pacific operations to Kina Securities Ltd (ASX: KSL) for $420 million. The Australian bank announced to the ASX before Monday’s opening that Westpac Fiji and Westpac’s 89.91% ownership in Westpa...

Motley Fool KSL 10 months ago
Westpac sells Pacific arm to Kina Securities

ASX-listed PNG bank owner Kina Securities has secured Westpac Banking Corp's Pacific unit.

AFR KSL 10 months ago
PNG bank owner Kina Securities prepares to open retail rights offer

It's almost time for mum and dad shareholders in PNG bank owner Kina Securities to step up.

AFR KSL 1 year ago
Morgans Best Ideas: September 2020

We add Sydney Airport (SYD), alliance aviation (AQZ), NextDC (NXT), Incitec Pivot (IPL), Coca-Cola Amatil (CCL), Breville Group (BRG), Super Retail Group (SUL) and Kina Securities (KSL) this month. We remove Cleanawa Waste Management (CWY),...

Morgans KSL 1 year ago
Terms out for Kina Securities rights issue, placement

Stockbroker Morgans is beating the drum for PNG financial services company Kina Securities Ltd and its $91 million equity raising. 

AFR KSL 1 year ago
Kina Securities readies raising as Westpac Pacific auction heats up

PNG bank owner Kina is making a play for Westpac's up-for-sale Pacific unit, and could ask shareholders to help restock its war chest as early as Thursday.

AFR KSL 1 year ago
FNArena Corporate Results Monitor – 28-08-2020

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((APT)) - Afterpay ((AGI)) - Ainsworth Game Techn ((AIZ)) - Air New Zealand ((APX)) - Appen ((ALX)) - Atlas Arteria ((CAJ)) - Capitol Health ((CVN)) - Carnarvon Petroleum...

FNArena KSL 1 year ago
Are The Banks Perfume Or Poison To Investors?

ShareCafeAre The Banks Perfume Or Poison To Investors? Bank shares might have staged an impressive recovery from oversold levels – but don’t confuse that with any semblance of investor agreement on where the sector is headed. For every opti...

ShareCafe KSL 1 year ago
Podcast: Diversified Financials Sector Update - Richard Coles, Analyst

Morgans Research Analyst Richard Coles shares an update on Kina Securities (ASX:KSL), QBE Insurance (ASX:QBE) and Mainstream Group (ASX:MAI).

Morgans KSL 1 year ago
Trading Places: The stocks the money managers are buying (and selling)

Here it is – your weekly look at the stocks fund managers are buying (and selling). Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last week. Substantial shareholders are shareholders holding...

Stockhead KSL 1 year ago
Directors Trades: While most raided supermarkets for toilet paper, these directors raided the stock markets

The market carnage is certainly proving a great buying opportunity for directors, with even more last week, compared to the week before, scrambling to top up their holdings. Stockhead found 19 directors trades over $100,000 among ASX small...

Stockhead KSL 1 year ago