Articles On Mcgrath Ltd (ASX:MEA)

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Nvidia surge drives S&P 500 to new record

Another Nvidia price surge saw the AI giant hit a new share price high and surpass Microsoft to become the most valuable public company. The broader S&P 500 closed up 0.25 per cent to a record 5,487.03. The Nasdaq just managed to tip in...

ShareCafe MEA 5 months ago
US markets hit new records ahead of Fed Policy meeting

  Nvidia and the tech sector help the S&P 500 and Nasdaq close at new record highs as investors look to Wednesday’s Fed Policy meeting. The S&P 500 closed up 0.26 per cent at a record 5,360.79. The Nasdaq finished 0.35 per cent high...

ShareCafe MEA 5 months ago
US markets hit new records ahead of Fed Policy meeting

Nvidia and the tech sector help the S&P 500 and Nasdaq close at new record highs as investors look to Wednesday’s Fed Policy meeting. The S&P 500 closed up 0.26 per cent at a record 5,360.79. The Nasdaq finished 0.35 per cent higher...

ShareCafe MEA 5 months ago
Small Caps: ‘Slow Horses’ No More!

All hail Gary Oldman! Don’t know the name? He’s a famous British actor that’s appeared in the ‘Dark Knight’ Batman trilogy. Oldman also won an Oscar for his portrayal of Winston Churchill a few years ago. But it’s his TV show Slow Horses th...

daily.fattail.com.au MEA 7 months ago
S&P/ASX 200 (INDEXASX:XJO) passes 7,800 on real estate strength: ALS Ltd (ASX:ALQ) sinks on acquisition

Here’s today’s latest market update by Drew Meredith, CFP, from Wattle Partners: The S&P/ASX 200 (INDEXASX: XJO) share price is up +0.5% to 7,800.90. The S&P/ASX 200 posted a strong positive start to the week, gaining 0.5 per cent w...

Rask Media MEA 7 months ago
Closing Bell: ASX gets another crack at record high, McGrath to be delisted after buyout

The ASX 200 could have another crack at all-time highs set earlier this month, after rising 0.5% and breaching the 7,800 barrier on Monday.  All sectors closed higher today with the exception of Discretionary, which fell modestly. Traders c...

Stockhead MEA 7 months ago
McGrath receives takeover offer from global property giant Knight Frank and Bayleys

Australian property agency McGrath (ASX: MEA) has confirmed it has received a takeover offer from a consortium of global property giant Knight Frank Australia and New Zealand’s Bayley Corporation via a scheme of arrangement. The proposed ac...

smallcapsau.mystagingwebsite.com MEA 7 months ago
Knight Frank and NZ's Bayleys group partner in $95.5m takeover bid for McGrath

Knight Frank has teamed up with New Zealand’s Bayley Corporation to take control of John McGrath’s eponymous real estate group McGrath (ASX: MEA) in a $95.5 million buyout that is set to shake up the national property sales market. The McG...

businessnewsaustralia.com MEA 7 months ago
Top 10 at 11: McGrath real estate surges on takeover deal

Stockhead’s Top 10 at 11, published 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 in percenta...

Stockhead MEA 7 months ago
S&P 500 slips ahead of key inflation data due tomorrow

  The S&P 500 wavered on Monday as the rally that brought the major averages to record highs cooled off. Investors also looked ahead to fresh U.S. inflation data. The broad S&P 500 slipped 0.11 per cent to 5,117.94. The Nasdaq Compo...

ShareCafe MEA 8 months ago
Markets drift lower ahead of key inflation data due tomorrow

Note: Figures recorded at 7:40am AEDT. Updated figures and a video recording will be available at 9am AEDT. The S&P 500 wavered on Monday as the rally that brought the major averages to record highs cooled off. Investors also looked ahe...

ShareCafe MEA 8 months ago
McGrath forecasts 40pc lift in underlying profit amid challenging conditions

Real estate agency operator McGrath (ASX: MEA) has forecast a 40 per cent increase in underlying earnings for the December half-year as the company capitalises on the continued strength of the national property market. McGrath says that ba...

businessnewsaustralia.com MEA 1 year ago
Dow falls as core inflation data is higher than expected

  The Dow Jones Industrial Average fell Wednesday as traders absorbed a hotter-than-expected August core inflation print. The Dow lost 70.46 points, or 0.20 per cent, to 34,575.53 for its second straight decline. Meanwhile, the S&P 500...

ShareCafe MEA 1 year ago
Central Element forks out $51m for development site in a new high for Bondi Beach

Sydney developer Central Element, which is led by a trio of property professionals including McGrath (ASX: MEA) director Shane Smollen, has taken its interests in the eastern suburbs to a new high after snaring an amalgamated site overlooki...

businessnewsaustralia.com MEA 1 year ago
Investors flock back to tech stocks after strong economic data

  The Nasdaq Composite climbed more than 1 per cent Tuesday, as investors flocked back to tech stocks in the final days of what’s been a difficult August for the market. The tech-heavy index gained 1.74 per cent to close at 13,943.76. The S...

ShareCafe MEA 1 year ago
Market Highlights: Here’s a broker who’s bullish on China, and did SpaceX actually ‘sell’ its US$373m Bitcoin?

The ASX is poised to open lower on Monday Did Elon Musk’s SpaceX dump all its BTC holding? Investment advisor bullish on China   The ASX is set to slip at the open after a flat session on Wall Street on Friday. At 8am AEST, the ASX 200 in...

Stockhead MEA 1 year ago
US regional banks slammed as SVB saga continues

ShareCafeUS regional banks slammed as SVB saga continues                    The Dow Jones Industrial Average dropped on Monday as a plan to backstop all the depositors in failed Silicon Valley Bank, along with other extraordinary meas...

ShareCafe MEA 1 year ago
McGrath slashes first-half profit forecast as rising interest rates and lower listings bite

The fallout of rising interest rates is starting to hit home for real estate group McGrath (ASX: MEA), with the company announcing the slowdown in the market has forced it to slash its earnings forecast for the first half of FY23. McGrath,...

businessnewsaustralia.com MEA 2 years ago
Commodity stocks lead markets higher as US corporate bond yields approach 5%

ShareCafeCommodity stocks lead markets higher as US corporate bond yields approach 5%                    Stocks closed higher on Monday in a volatile trading session ahead of the Federal Reserve’s two-day policy meeting slated to kick...

ShareCafe MEA 2 years ago
Behind the numbers it’s all about energy pricing

ShareCafeBehind the numbers it’s all about energy pricing                    US stocks fell for a third straight day overnight, jeopardising a summer comeback rally, as the Federal Reserve and other global central bankers continued to...

ShareCafe MEA 2 years ago
John McGrath calls for calm as real estate company forecasts rise in earnings for FY22

Despite recent trading conditions proving disruptive for the residential property sector, real estate business McGrath (ASX: MEA) has announced it expects overall earnings to climb by roughly 8 per cent this financial year. The trading out...

businessnewsaustralia.com MEA 2 years ago
Market Highlights and 5 ASX Small Caps to watch on Monday

ASX to open the lower on the first day of the new Labor government Experts say there will be renewed focus on renewables under the new PM Germany’s producer prices soar by a record 33% Local shares are set to drop lower on the first day o...

Stockhead MEA 2 years ago
McGrath Limited (ASX:MEA) appoints founder John McGrath as Managing Director and CEO

McGrath Limited (MEA) appoints its founder John McGrath to the role of Managing Director and Chief Executive Officer Mr McGrath took McGrath Estate Agents from a lounge room start-up in 1988 to grow to be listed on the ASX in November 2015...

themarketherald.com.au MEA 2 years ago
John McGrath steps back into CEO role at real estate company he founded

Residential real estate company McGrath Limited (ASX: MEA) has appointed its founder and executive director John McGrath into the role of managing director and CEO, effective as of today. The founder will replace Eddie Law who stepped down...

businessnewsaustralia.com MEA 2 years ago
Market Highlights and 5 ASX Small Caps to watch on Friday

ASX to rise as Wall Street bounces back Warren Buffet becomes HP’s biggest shareholder Oil prices retreat further ASX heads for gains as Wall Street rebounds Aussie shares are set to follow Wall Street into the green today, with the ASX 2...

Stockhead MEA 2 years ago
Own WAM Microcap (ASX:WMI) shares? Here’s what you’re invested in

Wilson Asset Management (WAM) is one of the largest fund managers on the ASX. It has been growing its stable of Listed Investment Companies (LICs), which now number eight, for more than 20 years. One of WAM’s newer ASX LICs is WAM Microcap...

Motley Fool MEA 2 years ago
Closing Bell: ASX closes the week with a gain and a successful billion dollar float

The ASX finished the day in the green and Ventia Service (ASX:VNT) defied the pattern of $1b+ floats underperforming by gaining 22% on its opening day. Also listing today was Cooper Metals (ASX:CPM) and it had a gain too, rising 10% today....

Stockhead MEA 3 years ago
McGrath first half earnings to rise despite east coast lockdowns

Listed real estate company McGrath (ASX: MEA) is anticipating a 60 per cent increase in underlying earnings for the first half despite COVID-19 restrictions affecting much of the east coast market, but the same cannot be said for the group’...

businessnewsaustralia.com MEA 3 years ago
From Ampol to Charter Hall: Why these 10 ASX stocks are in news today

Highlights Australian petroleum company Ampol fell over 6% on bid to acquire New Zealand’s Z Energy. Shares of Charter Hall gained over 6% on strong earnings. Chorus shares dropped over 5% after its earnings failed to impress investor...

Kalkine Media MEA 3 years ago
ASX snaps 5-day losing streak, gains 0.4% on tech boost  

Snapping a five-session losing streak, Australian shares started the week on a positive note on firm global cues and strong corporate earnings. The market witnessed surge in buying across the tech, material and health care sectors, while de...

Kalkine Media MEA 3 years ago
Market Highlights and 5 ASX Small Caps to watch on Monday

Wall Street rose ahead of world centrals banks meeting this week All three US stock market indexes bounced back on Friday, ahead of this week’s Jackson Hole Economic Policy Symposium, a virtual meeting of world central banks leaders held be...

Stockhead MEA 3 years ago
Market trades flat, NIB Holdings shares zoom 12%

The S&P/ASX 200 has opened this week’s trade on a sombre note. At lunch time, the market added just 4.80 points and traded at 7065.50. 8 of 11 sectors traded lower, with Consumer Staple shares coming under heavy selling pressure foll...

Kalkine Media MEA 3 years ago
Australia’s hot property market underpins McGrath’s latest bullish guidance

Real estate services company McGrath (ASX:MEA) has just announced an upbeat guidance on its full year FY21 results. The company said that its full year EBITDA is now anticipated to be in the range of $16.51 million to $17.51 million, a huge...

Stockhead MEA 3 years ago
Why the McGrath (ASX:MEA) share price is surging 8%

The McGrath Ltd (ASX: MEA) share price has jumped higher in early trade. That comes after the Aussie real estate group provided a trading update and its latest full-year profit guidance. Why is the McGrath share price surging? Shares in th...

Motley Fool MEA 3 years ago
Why the McGrath (ASX:MEA) share price is climbing today

The McGrath Ltd (ASX: MEA) share price has climbed 1.6% in early trade after a late afternoon announcement from the Aussie property management group on Tuesday. Why is the McGrath share price climbing? The McGrath share price is lifting af...

Motley Fool MEA 3 years ago
Former McGrath CEO Geoff Lucas to lead The Agency

The man who led the turnaround at McGrath (ASX: MEA) will soon take the reins at another property company that has been battling for recovery - The Agency Group (ASX: AU1). The fast-growing company has today announced property industry ve...

businessnewsaustralia.com MEA 3 years ago
Why the McGrath (ASX:MEA) share price popped 14% today

The McGrath Ltd (ASX: MEA) share price is booming today. At the time of writing, McGrath shares are up 14.8% to 66 cents apiece. The surge comes after the real estate services company reported its half-year results for the period ended 31...

Motley Fool MEA 3 years ago
Half Yearlies Top 5: McGrath is the ASX’s top lodger this morning

Stockhead has recapped the Top 5 half yearly results released this morning with the top being McGrath (ASX:MEA). ASX-listed companies ... Read More The post Half Yearlies Top 5: McGrath is the ASX’s top lodger this morning appeared first on...

Stockhead MEA 3 years ago
The Agency board blasts rebel shareholder's 'takeover bid'

A rebel shareholder's bid to buy out The Agency Group Australia (ASX: AU1) has been met with derision by the board of the real estate group. The Agency, a company that itself was founded by a rebellious group of real estate executives w...

BusinessNewsAus MEA 3 years ago
Why is the McGrath (ASX:MEA) share price surging 8% today?

McGrath Ltd (ASX: MEA) shares are on the rise today after the company provided a trading update. At the time of writing, the McGrath share price has surged 8.33% to 45.5 cents today. This comes after the company reported its earnings will...

Motley Fool MEA 3 years ago
McGrath pulls off turnaround, CEO Geoff Lucas resigns

The CEO of listed real estate group McGrath (ASX: MEA) has resigned today, just after the company turned things around and posted a full year profit of $700,000. Geoff Lucas' (pictured) resignation from the top role of McGrath is effectiv...

BusinessNewsAus MEA 4 years ago
McGrath's (ASX:MEA) profit turns around, CEO departs

24 Aug 2020 - Property agency McGrath (ASX:MEA) has seen a turnaround in its fortunes with net profit swinging from a $9.7 million loss in FY19 to $700 000 this financial year. Ea…

FNN MEA 4 years ago
Mcgrath share price on watch after strong FY 2020 earnings release

The Mcgrath Ltd (ASX: MEA) share price is on watch this morning following the release of the company’s full year 2020 financial results. The McGrath share price has had a rocky year so far with its shares falling more than 42% lower in yea...

Motley Fool MEA 4 years ago
Back from the dead: Housing small caps have gained an average 8pc in the past month

The property market in Australia might not be as badly hit by COVID-19 as initially feared. The value of home loans fell 4.8 per cent in April, but economists were predicting falls double that. The overall market is holding up. CoreLogic da...

Stockhead MEA 4 years ago
McGrath closes offices, slashes executive pay in response to Covid-19 uncertainty

Real estate group McGrath (ASX: MEA) has taken decisive action in response to Covid-19 by implementing a number of cost saving initiatives designed to keep the group afloat. The company hopes to save money and mitigate the ultimate impact...

BusinessNewsAus MEA 4 years ago
Will the coronavirus cause a property market crash?

The coronavirus is causing a lot of fear, could it cause a property market crash? People are selling shares. Panic buying of toilet paper and non-perishable food has been a feature so far. Some investors are now concerned that Australia an...

Motley Fool MEA 4 years ago
ASX 200 dips and then rebounds in wild start to week

The ASX 200 (INDEXASX: XJO) was very volatile today because of the coronavirus. It started today with another fall of almost 3%. But by the end of the day the ASX 200 only finished down by 0.8%, meaning it recovered by around 2% between mi...

Motley Fool MEA 4 years ago
Why this small cap ASX share is zooming 10% higher today

The McGrath Ltd (ASX: MEA) share price has avoided the market selloff and zoomed higher on Monday. In afternoon trade the real estate services provider’s shares are up almost 10% to 34 cents. Why is the McGrath share price zooming higher t...

Motley Fool MEA 4 years ago
Why Chorus, Mcgrath, Ramelius, & Saracen shares are charging higher

In afternoon trade the S&P/ASX 200 index is on course to start the week on a very disappointing note. At the time of writing the benchmark index is down a sizeable 2.4% to 6,969.3 points. Four shares that have not let this hold them ba...

Motley Fool MEA 4 years ago
Half Yearlies: The property market is on its way up and real estate agent McGrath is cashing in

The property market looks to be heading north again after an 18-month slump, and McGrath’s (ASX:MEA) half-yearly results are reflecting the turnaround. After the property market slumped following a housing bubble between 2017 and 2018, the...

Stockhead MEA 4 years ago