Articles On MyState (ASX:MYS)

The Full 180 is a fortnightly look at ASX capital raisings. We are entering our fourth week (or so) of a quiet/consolidation period for capital raisings. We are chugging along at a pace of four to six share placements per day, with volumes...

In afternoon trade the S&P/ASX 200 Index (ASX: XJO) has given back its morning gains and is edging lower. The benchmark index is down slightly to 7,111.4 points. Four ASX shares that are falling more than most today are listed below. H...

The walls of the Melbourne headquarters of Equity Trustees (ASX: EQT) are adorned with the portraits of former prime ministers, premiers and governor generals who have served on the board of the stately 133-year-old institution. The roll ca...

The ASX notched up gains today despite one of the biggest IPOs this year dropping on debut. The ASX 200 rose 0.98 per cent to close at 7,115 and every sector was in the green except utilities. The best were consumer discretionaries, health...

ShareCafeFreedom Foods Back from the Brink Freedom Foods has successfully completed a $265 million recapitalisation that it hopes will ensure the ongoing viability of the business and pay down debt following its near collapse late last year...

The ASX has begun the week in positive territory, albeit only slightly. The ASX 200 closed at 7,046 points, 0.22 per cent higher than Friday. The ASX Emerging Companies Index however retreated 0.35 per cent, closing at 2,114. The best secto...

The MyState Limited (ASX: MYS) share price is in a trading halt today after the company announced a capital raising. As such, the MyState share price will remain frozen at Friday’s closing price of $4.85 to enable the placement to be comp...

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...

Tasmanian financial services group MyState is cap in hand in front of fund managers. 

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...

The S&P/ASX 200 (ASX: XJO) is down another 1% today. It may be falling on more worries about inflation and interest rates, or perhaps because of COVID-19 cases spiking again in the US. Whatever the reason, the ASX 200 share market is do...

MyState Limited (ASX: MYS) shares are falling lower in today’s session after the company released its report for the first half of FY21. At the time of writing, the MyState share price has slumped 1.93% to $5.07. What’s impacting the MySta...

Summary Shaver Shop, Inghams, MyState, and Lovisa are a few stocks which reported their earnings and declared dividends to the ASX on Friday morning.  Shaver Shop Group Ltd declared a dividend of 3.2 cents per share to be paid on 25 Ma...

There are plenty of ASX bank shares to consider for dividends. But which one is the best? There are the big four ASX banks of Commonwealth Bank of Australia (ASX: CBA), National Australia Bank Ltd (ASX: NAB), Westpac Banking Corp (ASX: WBC)...

Last week, Commonwealth Bank of Australia (ASX: CBA) saw its share price rise 8.11%, more than any other of the big four banks. Furthermore, the Australian Prudential Regulation Authority (APRA) announced it was reducing the bank’s capital...

21 Oct 2020 - Tasmania-based financial group MyState (ASX:MYS) recorded statutory net profit after tax of $30 million compared with $31 million in the previous year.

The S&P/ASX 200 Index (ASX: XJO) finishes the week with a bang, it rose by 1.5% to 5,965 points. Big 4 banks jump higher The big banks of the ASX had one of their best days this year after it was announced that lending laws would be re...

Tens of thousands of property borrowers are ignoring communications from ASX banks according to reporting by the Australian Financial Review. The AFR is reporting that a fifth of the 400,000+ deferred home loan borrowers are not responding...

It’s getting harder for income investors to find the right investments to generate income. Are ASX banks or miners buys for dividends? There are plenty of different options to consider for dividends on the ASX. Major ASX banks have been fa...

The S&P/ASX 200 (ASX: XJO) is expected to take a backwards step at the open on Monday according to ASX futures. Here’s what you need to know as we head into the final week of reporting season. ASX finishes flat for the week The ASX 200...

The MyState Limited (ASX: MYS) share price is down today, posting a drop of 4.69% to $3.66 at the time of writing. This came after the company released its full-year results for the 2020 financial year (FY20). What was in the announcement?...

Hold onto your hats – it’s ASX reporting season! For investors, ASX reporting season rolls around twice per year. It’s that time of year when companies report their financial results, announce their dividend payments (or lack thereof) and,...

The S&P/ASX 200 Index (ASX: XJO) went up 1.5% today to 5,904 points. Investors shrugged off rising COVID-19 case numbers and sent several sectors higher today. However, one particular ASX 200 share suffered a sharp decline of its share...

The Reserve Bank of Australia has not changed the cash rate since March when it cut twice, but banks and other deposit takers have been active over the past couple of months trimming at-call and term deposit rates. Investors need to keep on...

Analysts argue Australia's banks are in a much better position to weather this storm than they were in 2008, and have been oversold on that basis. -Australia’s banks will cope with COVID-19 better than the GFC-Bank stocks have been oversold...

“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...

Tasmania-based financial company MyState says a new managed fund platform helped it grow its half-year profit by 5.4 per cent to $15.1 million.

We have seen several dividend cuts from ASX banks over the past year, which one now has the biggest dividend yield? National Australia Bank Ltd (ASX: NAB) cut its half-year dividend from $0.99 per share to $0.83 per share. Westpac Banking...

Australian finance group MyState (MYS), has reported its CEO and Managing Director, Melos Sulicich, will be leaving the company in July this year Melos says he has been away from his family for years and is resigning to spend more time wit...

Australian finance group MyState (MYS), has reported its CEO and Managing Director, Melos Sulicich, will be leaving the company in July this year Melos says he has been away from his family for years and is resigning to spend more time wit...

10 Jan 2020 - MyState (ASX:MYS) Managing Director and CEO, Melos Sulicich has resigned.

Managing director and CEO of banking group MyState, Melos Sulicich, has resigned to spend more time with his family.

Borrowers were given a helping hand by the RBA during 2019 with interest rates falling, reducing their interest payments. Will mortgage interest rates fall again in 2020? If you had a mortgage with Commonwealth Bank of Australia (ASX: CBA)...

The financial sector is made up of main three sub sector groups. The first one includes the diversified financials group that deals with the capital markets like asset management, diversified financial services, consumer finance and mortgag...

December 2017 was an exciting time to be in crypto: bitcoin went above $US20,000 and aspiring cryptocurrency exchange operator Byte Power Group (ASX:BPG) was up nearly 800 per cent in 12 months. But just before Christmas that year Byte was...

In Australia, banks have been classified into four main sub-categories: Major banks: The four largest Australian banks are the Commonwealth Bank of Australia, Australia and New Zealand Banking Group Limited, the National Australia Bank Li...

We’re well into spring now. Perhaps you’ve already done some cleaning in your home. But it’s a good time to make sure your finances are in order too. Here are some things you should be looking at: Do your tax return FY19 finished a few mon...

When it comes to bank shares, we all naturally turn to the big four. However, there is a regional bank that provides another option for our investment dollars, and it’s not Bendigo and Adelaide Bank Ltd (ASX: BEN). The Undiscovered Bank MyS...

07 Oct 2019 - Banking and wealth management group MyState (ASX:MYS) has appointed Gary Dickson as Interim CFO.

MyState has appointed former ME Bank chief financial officer Gary Dickson as interim CFO to fill a position created by David Harradine's resignation.

Financial Stocks Financial stocks include companies engaged in a range of services, including of investment banking & brokerage, retail banking, corporate banking, mortgage financing, consumer financing, specialised financing, asset/in...

Finance group Mystate's full-year profit has slipped 1.5 per cent following a challenging first-half affected by increased wholesale funding costs.

Undoubtedly, financial sector of Australia, especially the banking institutions form the crux of the economy, with every sector circling around them. This fact is proven as in entirety , the stature of banks in Australia has remained unchan...

Cash is King, as the business needs cash to run the processes smoothly – to manufacture, distribute and market the products and other ancillary functions. It is here, when the importance of free cash flow emerges which can be understood, pr...

Is Commonwealth Bank of Australia (ASX: CBA) the best bank on the ASX? It certainly has a lot of competition for the title. There’s the other big four banks of National Australia Bank Ltd (ASX: NAB), Westpac Banking Corp (ASX: WBC) and Au...

Australia’s banking sector constitutes a substantial part of its financial system governed by a strong regulatory regime. It is one of the largest contributors to the national GDP, contributing around $ 140 billion over the last year. Accor...

As the market players are aware, the global stocks markets are sensitive to the macro-economic parameters and geopolitical conditions. An increase in the geopolitical worries have potential to adversely affect the momentum of global growth...

Diversified financial services group, MyState Limited (ASX: MYS) is going to divest its retail financial planning business in Tasmania. In an announcement made on Monday, 17 June 2019, the company announced that it has entered into a sale a...

There’s not been a great deal of movement in the MyState Limited (ASX: MYS) or Fiducian Group Ltd (ASX: FID) share prices after it was revealed today that Fiducian is to acquire MyState’s retail financial planning business that has more tha...

The MyState Limited (ASX: MYS) share price is rising this morning after announcing that it is selling its financial planning business. Mystate is a diversified financial services business that has been operating for over 50 years with 135,0...