Articles On Praemium (ASX:PPS)

Title Source Codes Date
Netwealth (ASX:NWL) vs Hub24 (ASX:HUB) – which platform is the better play?

Wealth platforms Netwealth Group Ltd (ASX: NWL) and Hub24 Ltd (ASX: HUB) are considered to be largely the same business. Technology-led disruptors. Number one and two for net inflows. Similar revenue margin and advisor numbers. NWL/HUB mark...

Rask Media PPS 3 years ago
Here’s why Praemium (ASX:PPS) shares are up 10% on Wednesday

Shares in investment and financial services company Preamium Ltd (ASX: PPS) are having another splendid day in the green, currently trading 9.82% higher at $1.57. Whilst there’s been no market-sensitive information out of Praemium’s camp...

Motley Fool PPS 3 years ago
Why AMP, Eclipx, Paradigm, and Praemium shares are surging higher

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a strong gain. At the time of writing, the benchmark index is up 1% to 7,398.1 points. Four ASX shares that are climbing more than most today are listed below....

Motley Fool PPS 3 years ago
ASX 200 morning report – NWL, PPS & GMG shares in focus

Outside of the Melbourne Cup, the Reserve Bank of Australia garnered all the attention on Tuesday with a range of ‘experts’ predicting rate hikes may be brought forward and yield curve control would be abandoned. As usual, they were only pa...

Rask Media PPS 3 years ago
Here are the top ASX large cap movers for Tuesday

The Australian stock market quietly dipped into the red today, down by 0.7% with the Melbourne Cup and RBA taking centre stage. Whilst Verry Elleegant was taking the lap of honours at Flemington, the RBA announced that it will stick to the...

Stockhead PPS 3 years ago
Closing Bell: ASX retreats on Melbourne Cup Day, but one new IPO gained 165pc

While you were watching the Melbourne Cup the ASX retreated, the RBA hinted an interest rate hike could be coming sooner than 2024, and a new IPO gained 165%. The ASX 200 closed at 7,324 points – 0.63% down from yesterday. The best sector w...

Stockhead PPS 3 years ago
ASX Close: Shares fall as RBA softens rates stance

Australian shares fell for the third time in four sessions after the Reserve Bank abandoned a key support for low interest rates and walked back its outlook on official rates. The S&P/ASX 200 briefly halved its fall following the RBA...

themarketherald.com.au PPS 3 years ago
From IAG to Netwealth: Why these ASX shares grabbed headlines today

Highlights IAG shares dropped after the company slashed guidance for FY22. Westpac extended fall on lower-than-expected annual earnings. Seven West Media and Prime Media shares extended rally for a second day on acquisition deal. Net...

Kalkine Media PPS 3 years ago
Here’s why Praemium (ASX:PPS) shares are grabbing limelight today

Highlights Praemium has rejected a merger proposal from Netwealth. Under the proposal, for every 11.96 Praemium shares, Praemium shareholders would get one new Netwealth share.   The Company is open to engagement at an appropriate val...

Kalkine Media PPS 3 years ago
ASX down 0.5% ahead of RBA decision; IAG, Whitehaven Coal lead fall

Highlights The ASX 200 traded 0.5% lower ahead of the RBA policy decision. Seven of 11 sectors traded in the red, while financial sector declined the most. Top losers on the ASX were IAG, Whitehaven Coal and Brickworks. Australian...

Kalkine Media PPS 3 years ago
ASX 200 opens in green; all eyes on RBA policy meet

Highlights The ASX 200 was up 0.3% this morning to 7,390. IAG has reduced its profit margin guidance from 13.5%-15.5% to 10%-12%. Seven out of the 11 sectors were trading in the green, with the real estate sector gaining the most, an...

Kalkine Media PPS 3 years ago
ASX Update: Stocks retreat ahead of RBA rates update

Australian shares gave up early gains as caution set in ahead of this afternoon’s keenly-awaited Reserve Bank policy update. The S&P/ASX 200 fell 53 points or 0.72 per cent by mid-session, reversing an early advance of 25 points....

themarketherald.com.au PPS 3 years ago
Praemium (ASX:PPS) shoots down takeover bid from Netwealth (ASX:NWL)

Praemium (PPS) knocks back a takeover bid from ASX 200-listed rival Netwealth (NWL), claiming the $785 million offer is too low Praemium says the unsolicited offer “undervalued Praemium’s business and is not in the best interests of Praemi...

themarketherald.com.au PPS 3 years ago
Why is the Praemium (ASX:PPS) share price 15% higher on Tuesday?

Shares in investment and financial services company Praemium Ltd (ASX: PPS) are soaring today and are now at $1.43 apiece, up 15% on yesterday’s closing price. Praemium shares are gaining ground after the company advised it had received a...

Motley Fool PPS 3 years ago
Why Goodman, Praemium, Step One, and Telix shares are charging higher

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. At the time of writing, the benchmark index is down 0.5% to 7,331.5 points. Four ASX shares that are not letting that hold them back a...

Motley Fool PPS 3 years ago
ASX 200 (ASX:XJO) midday update: Netwealth’s merger proposal, IAG sinks

At lunch on Tuesday, the S&P/ASX 200 Index (ASX: XJO) is on course to give back most of yesterday’s gains. The benchmark index is currently down 0.4% to 7,343.1 points. Here’s what is happening on the ASX 200 today: Netwealth wants to...

Motley Fool PPS 3 years ago
No deal: Praemium (ASX:PPS) rejects Netwealth (ASX:NWL) merger

Both the Netwealth Group Ltd (ASX: NWL) and Praemium Ltd (ASX: PPS) share prices will be on watch today after Netwealth proposed a merger of the two companies. Currently, the Netwealth share price is largely unmoved at $17.20. Conversely, t...

Rask Media PPS 3 years ago
Takeovers: Praemium knocks back Netwealth bid, but stays open to offers (for a higher price)

Wealth platform Praemium (ASX:PPS) has rejected a merger bid from fund manager Netwealth (ASX:NWL) but indicated it would be open to a higher price. “Very strong value proposition” Netwealth proposed a merger worth $785 million – a 29% prem...

Stockhead PPS 3 years ago
Netwealth, Praemium suit up for merger battle

Netwealth’s put a line in the sand at Praemium, offering its shareholders about a 15 per cent stake in the combined group in a bid to kick off talks between the companies. 

AFR PPS 3 years ago
All eyes on Hub24 as Praemium in play

Now that wealth platform Praemium is officially in play, watchers are turning their minds to who could follow Netwealth and come calling.

AFR PPS 3 years ago
Praemium board knocks back $785m takeover offer from Netwealth

Australia's fastest-growing wealth management platform Netwealth (ASX: NWL) has proposed a scrip-based takeover offer to Praemium (ASX: PPL) at a 29 per cent premium, but the target's board unanimously believes the bid undervalues its momen...

businessnewsaustralia.com PPS 3 years ago
Netwealth (ASX:NWL) share price drops on Praemium merger proposal

The Netwealth Group Ltd (ASX: NWL) share price is edging lower on Tuesday morning. In early trade, the investment platform provider’s shares are down 0.5% to $17.42. Why is the Netwealth share price edging lower The catalyst for the fall i...

Motley Fool PPS 3 years ago
Specialist platform flows surprising to the upside

The ASX-listed specialist wealth management platforms are showing no signs of slowing momentum, with all three players delivering record net inflows over the September quarter (1Q22), coming in materially ahead of market expectations. Stron...

Montgomery PPS 3 years ago
ASX 200 rallies on takeovers & deals – ALL, CL1 & Z1P shares in focus

After the unexpected end of Victoria’s lockdown the only way was up for the market, with the S&P/ASX 200 (ASX: XJO) gaining 0.3% to start the week. Whilst not a large gain it hid a further divergence in cyclical versus defensive sectors...

Rask Media PPS 3 years ago
Here’s why the Praemium (ASX:PPS) share price soared 6% on Monday

The Praemium Ltd (ASX: PPS) share price took off today following a positive quarterly update from the investment platform provider. At the closing bell, Praemium shares finished at $1.245, up 6.87%. How did Praemium perform? According to i...

Motley Fool PPS 3 years ago
What a day…

Since the COVID-19 crash, we’ve written a number of posts reflecting our view that a boom in Mergers and Acquisitions would continue, that 2022 has all the hallmarks of another positive year for asset prices – particularly quality equities...

Montgomery PPS 3 years ago
FNArena Corporate Results Monitor – 17-08-2021

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((BBN)) - Baby Bunting ((BPT)) - Beach Energy ((BEN)) - Bendigo & Adelaide Bank ((BSL)) - BlueScope Steel ((CAR)) - Carsales ((GDF)) - GARDA Property ((GWA)) - GWA Gro...

FNArena PPS 3 years ago
ASX 200 trades lower: What’s weighing on the market?

Highlights As of 10:30 AM AEST, the ASX 200 has fallen 0.27% 20.5 points to 7,608. Nine out of the 11 sectors are trading lower today, depicting a market wide selling in today’s session. Sydney Airport has rejected an improved bid fro...

Kalkine Media PPS 3 years ago
The Praemium (ASX:PPS) share price crashes 15% on FY21 earnings

The Praemium Ltd (ASX: PPS) share price is in the red on Monday morning as the financial software company reports its FY21 earnings. At the time of writing, shares in the company are trading for $1.14 – down 9.52%. The S&P/ASX 200 Inde...

Motley Fool PPS 3 years ago
New CEO announcement boosts Praemium (ASX:PPS) share price

The Praemium Ltd (ASX: PPS) share price is climbing higher today.   At the time of writing, shares in the fintech company are trading higher for the day near their all-time high of $1.28.   The Praemium share price has perked up after anno...

Motley Fool PPS 3 years ago
Market Highlights and 5 ASX Small Caps to watch on Thursday

Wall Street rises to record highs as US inflation softens US stock markets were mixed on Wednesday, following US inflation release which showed the pace of CPI growth has softened. The CPI rose by 0.3% in July which was lower than expected,...

Stockhead PPS 3 years ago
Have the Praemium Board hung up the ‘For Sale’ sign?

When the Board of Directors suddenly sacks the CEO of a company ‘effective immediately’ the share price typically tanks as investors stampede for the exit, shooting first, asking questions later. However, in the curious case of Praemium (AS...

Montgomery PPS 3 years ago
Australian share in the limelight: Macquarie Telecom, Praemium, and Michael Hill

Summary Macquarie Telecom, Praemium, and Michael Hill have been under the spotlight, delivering double-digit growth in the last few days. Macquarie Telecom filed a State Significant Development Application to construct a new data centr...

Kalkine Media PPS 3 years ago
Here are the Top 25 ASX large cap movers for Friday

On Friday, the ASX 200 finished 0.17% higher, after regaining lunchtime losses. Energy and Utilities were the main drag on the benchmark index, which closed the week 1% higher. Buy-now-pay-later (BNPL) stock Afterpay (ASX:APT) continued its...

Stockhead PPS 3 years ago
3 ASX shares to snap up before reporting season: expert

Can you believe it? We’re already into the second half of 2021 — and August reporting season is only a fortnight away. Financial results can see dramatic movements either way in ASX share prices. So it’s prudent to think about what adjustm...

Motley Fool PPS 3 years ago
ASX 200 morning report – APT, Z1P & PPS shares in focus

The S&P/ASX 200 (ASX: XJO) finished 0.3% higher on Wednesday, overcoming a significant sell off in the technology sector. The tech sector fell 2.7% for the day, with a 9.6% fall in Afterpay Ltd (ASX: APT) pulling the entire market down...

Rask Media PPS 3 years ago
Stocks of the Hour: humm group, Praemium & Dotz Nano

14th July 2021 - A snapshot of some of the news that broke today featuring humm group (ASX:HUM), Praemium (ASX:PPS) & Dotz Nano (ASX:DTZ).

FNN PPS 3 years ago
ASX off day's high on tech rout; BNPL stocks bleed

Summary The S&P/ASX200 traded higher by 20 points or 0.27% at 7,352 by the afternoon. The index opened flat and gained as much 0.5% to hit a high of 7,368. Barring tech, all sectoral indices were trading in green, led by utilities...

Kalkine Media PPS 3 years ago
Why BlueBet, Orocobre, Praemium, & Sandfire shares are racing higher

The S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain on Wednesday. In afternoon trade, the benchmark index is up 0.2% to 7,345.9 points. Four ASX shares that are climbing more than most today are listed below. Here’s wh...

Motley Fool PPS 3 years ago
Why the Praemium (ASX:PPS) share price is rocketing 21% higher today

The Praemium Ltd (ASX: PPS) share price is rocketing higher on Wednesday. In morning trade, the investment platform provider’s shares are up 21% to a multi-year high of $1.18. Why is the Praemium share price rocketing higher? The catalyst...

Motley Fool PPS 3 years ago
10 at 10: These ASX stocks are giving the markets a shake up this morning

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...

Stockhead PPS 3 years ago
Praemium (ASX:PPS) proposes divestment of international business

14 Jul 2021 - The board of Praemium (ASX:PPS) has recommended divestment of the company's international operations.

FNN PPS 3 years ago
Here are the 5 best ASX fintech shares of the 2021 financial year

The financial year just past proved to be a profitable one for shareholders of the best ASX fintech shares. While Australia’s traditional banks made a strong comeback during the COVID recovery year, the 5 best fintech ASX shares trading on...

Motley Fool PPS 3 years ago
Here are the 5 best performing ASX tech shares from FY21

The S&P/ASX 200 Index (ASX: XJO) delivered its biggest year of gains since its creation in 2000. At the final bell for the 2021 financial year on Wednesday evening, the benchmark index had finished 24% higher than it was a year prior....

Motley Fool PPS 3 years ago
Brokers name 3 ASX shares to buy now

Australia’s top brokers have been busy adjusting their estimates and recommendations once again. This has led to the release of a number of broker notes. Three broker buy ratings that have caught my eye are summarised below. Here’s why bro...

Motley Fool PPS 3 years ago
Fresh eyes, fresh hope for Praemium M&A

The handbrake’s gone at the wealth platform owner. 

AFR PPS 3 years ago
ASX 200 set to rise – QAN, ALD & CBA shares in focus

The S&P/ASX 200 (ASX: XJO) clawed back most of Wednesday’s losses, adding 1.3% on Thursday as the risk-on environment returned. The rally was powered ahead by the tech sector, 4.3% higher, along with property trusts, up 2.6%, and consum...

Rask Media PPS 3 years ago
Why the Praemium (ASX:PPS) share price will be on watch tomorrow

The Praemium Ltd (ASX: PPS) share price will be one to watch closely tomorrow morning after the shock departure of its CEO. At today’s market close, the investment platform provider’s shares finished the day flat at 77.5 cents. More detail...

Motley Fool PPS 3 years ago
Video: Can this share market bounce continue?

Michael Gable is an expert guest commentator for the Finance News Network, presenting “Stock Watch” each week – covering stock tips and shares on the Australian market (ASX). This video is dated 8 March 2021.  Shares covered: S&P/ASX 20...

Fairmont Equities PPS 3 years ago
What to look out for as the $800bn investment platform sector feeds on itself

The head of investment platform Praemium (ASX: PPS) Michael Ohanessian sounds like he’s channelling the coronavirus when he says that “like any living organism, any organisation wants to survive.” But in this case, he’s referring to the nee...

SmallCaps PPS 3 years ago