Articles On Praemium (ASX:PPS)

World Overnight SPI Overnight 7083.00 – 64.00 – 0.90% S&P ASX 200 7243.90 + 26.60 0.37% S&P500 4401.67 – 16.97 – 0.38% Nasdaq Comp 13790.92 – 0.24 – 0.00% DJIA 34566.17 – 171.89 – 0.49% S&P500 VIX 28.33 + 0.97 3.55...

Large cap Aussie stocks managed to close slightly higher on Monday, after a fickle few hours of afternoon trade. But that brave little battler, the Emerging Markets index (ASX:XEC) is down 2.3%. — its biggest drop since February 3. It foll...

Aussie shares overcame weak leads and early pressure to start the week higher as geopolitical concerns stoked a “gold rush” in mining stocks. The S&P/ASX 200 finished with a gain of 27 points or 0.37 per cent. A see-saw session saw t...

In late afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on track to start the week with a small gain. At the time of writing, the benchmark index is up 0.15% to 7,228.3 points. Four ASX shares that have failed to follow the market...

The Praemium Ltd (ASX: PPS) share price is packing its bags and taking a trip to the downside on Monday. The disappointing price action follows the release of the investment platform’s FY22 half-year results. At the time of writing, Prae...

Australian stocks edged higher following a volatile morning as investors weighed geopolitical tensions and inflation and rates worries. An up-tick in US equity futures helped the S&P/ASX 200 overcome weak leads. The Australian benchm...

Highlghts The benchmark ASX 200 was trading 0.26% or 18.5 points lower at 7,205.7. Wall Street stocks closed sharply lower on Friday, as investors fretted about rising geopolitical tensions. . The healthcare sector was the worst-perfo...

Stockhead’s Top 10 at 10, published at 10.30am 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...

Losses in the information technology and healthcare sectors outweighed energy gains leading to a -6.4% total decline for the ASX200 in January, as the spectre of rising interest rates increased volatility. -The ASX200 lost -6.4% (total retu...

During this most recent pull back in equity markets, we have received a number of calls from investors who have enquired as to what platforms Montgomery’s suite of funds are available on.  Now many people may be asking what a “platform” is...

The S&P/ASX 200 (ASX: XJO) managed to start the week on a relatively strong footing, with corporates awakening from their slumber to deliver some first-half updates. The ASX energy and retailing sectors were the highlights on Monday, ga...

Wealth platform Praemium Ltd (ASX: PPS) announced today it has ended 2021 with $49 billion in funds under administration (FUA) after another strong quarter of growth. Currently, the Praemium share price is up 1.89% to $1.34. FUA reaches $4...

17 Jan 2022 - Praemium (ASX:PPS) is celebrating its second highest number of net inflows in the December quarter.

17 Jan 2022 - A snapshot of the stocks on the move, featuring Adbri (ASX:ABC), Praemium, (ASX:PPS) & South32 (ASX:S32).

The ASX 200 was down 0.25% today, with investors possibly worried about looming US interest-rate hikes and unfolding Omicron news. Of the winners, Woodside (ASX:WPL) was leading the energy pack, up 2.51%, with Rio Tinto (ASX:RIO) leading ma...

Financial technology companies, also known as fintech ASX shares, have been demonstrating rapid growth. But, simply growing quickly may not be enough for them to be labelled as opportunities. Are they good value buys? There are a variety o...

In the third edition 22 ASX shares for 2022, we’ll be taking a look at a media conglomerate, two fund managers and a rising wealth platform. If you haven’t already check out the release of Part 1 and Part 2. 1. News Corporation Class B Vot...

Last year was a wild ride for ASX technology shares. Sure, the S&P/ASX All Technology Index (ASX: XTX) was up a gentle 3.72% for 2021. But along the way it was also 15% down (in May) and more than 12% up (in November). Aside from teach...

World Overnight SPI Overnight 7310.00 + 39.00 0.54% S&P ASX 200 7364.80 + 9.80 0.13% S&P500 4696.56 + 47.33 1.02% Nasdaq Comp 15521.89 + 180.81 1.18% DJIA 35753.89 + 261.19 0.74% S&P500 VIX 18.63 – 2.38 – 11.33%...

The share market overcame early weakness to rise for a second day as index heavyweights CSL and Afterpay rebounded. The S&P/ASX 200 reversed direction in afternoon trade to finish ten points or 0.13 per cent ahead. BNPL leader Aft...

22 Dec 2021 - Praemium (ASX:PPS) is set to divest its international operations to US financial firm Morningstar for $65.1 million after saying "no" to Netwealth.

Specialist wealth platform Praemium Ltd (ASX: PPS) has announced it will sell its international business to Morningstar for $65.1 million (£35.0 million) in cash. The market has reacted positively to the news, sending Praemium shares 1.42%...

22 Dec 2021 - A snapshot of the stocks on the move featuring Rio Tinto (ASX:RIO), Flight Centre Travel Group (ASX:FLT), and Praemium (ASX:PPS).

Aussie shares drifted below break-even as the market consolidated its biggest advance in two weeks. A range-bound morning saw the S&P/ASX 200 flip an early gain of 19.5 points into a mid-session loss of 19 points or 0.26 per cent. In...

It is difficult to believe we have now been navigating a COVID-infected world for almost two years. Two years of uncertainty and tumult tests everyone’s resolve and resilience. And as we approach Christmas, Omicron represents another varian...

Praemium (PPS) agrees to sell its international business to Morningstar for £35 million (A$65.1 million) The international business includes Praemium’s operations in the United Kingdom, Jersey, Hong Kong and Dubai The sale of its business...

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...

It’s been a brutal time recently for ASX technology stocks. The S&P/ASX All Technology Index (ASX: XTX) has sunk 3.6% over the past week as news of the COVID-19 Omicron variant emerged. Over the past month tech shares have fared even w...

Australian stocks were poised to open higher following gains on Wall Street as strong retail sales showed rising prices have yet to impact consumer spending.   ASX futures rallied 19 points or 0.26 per cent. The S&P/ASX 200 declined...

The fund manager Wilson Asset Management (WAM) has recently identified two top small cap ASX shares that it owns in its portfolio that could be ideas. WAM operates several listed investment companies (LICs). Some focus on larger companies...

ShareCafeNWL – Credit Suisse rates the stock as Outperform Netwealth Group has proposed a merger with Praemium ((PPS)) and although the latter has rejected the offer it is “open to engagement”. Credit Suisse finds strategic merit in the tra...

AIC Mines (ASX:A1M) led a group of 30 stocks running hot this week, amid another spate of big mining hits, M&A deals and clean energy winners. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Stre...

The Netwealth Group Ltd (ASX: NWL) share price is in focus after the fintech business launched a takeover offer for Praemium Ltd (ASX: PPS). Do analysts think that Netwealth shares are worth looking at with this in mind? The proposed takeo...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...