Articles On Simonds Group (ASX:SIO)

National homebuilder Simonds Group (ASX: SIO) has achieved a $27.3 million turnaround in bottom-line earnings over the past year after posting a $4 million net profit for FY24, leading the company to declare that despite tough market condit...

Two Sydney-based companies that use artificial intelligence (AI) to service different needs within the property industry have joined forces, with intelligence platform Archistar teaming up with commercial real estate lender Blackfort to off...

Homebuilder Simonds Group (ASX: SIO) has swung back into the black for the first half of FY24, reporting a $2.5 million net profit despite a fall in revenue as building starts declined. The profit has been built on five consecutive months...

The concept of momentum is based on Newton’s first law of motion – which states that an object in motion will continue to stay in motion unless acted upon by an external force. Applied to the financial markets, this suggests that a stock on...

Everyone says “buy low, sell high” for seemingly obvious reasons. But what if you could apply a slight variation of that advice… and seeing great returns doing it? These investors exist, and they follow a strategy called momentum investing....

We’ve all heard that “trend is your friend.” And who doesn’t like riding a trend? Trend or momentum trading involves buying a stock that has shown a significant movement in price or volume. Momentum traders believe that these trends will co...

Listed homebuilder Simonds Group (ASX: SIO) edged back into the black in the first quarter of FY24 with the Melbourne-based company crediting cost-cutting and improved trading conditions for the turnaround. The company, ranked seventh larg...

Victoria's Andrews government's infrastructure agenda has multiple hurdles to overcome. -The 23-24 Victorian budget illustrated a challenging path back to surplus awaits the Victorian government, especially when factoring in its signature i...

The ASX puts on a late spurt to finish the day up 0.5% Star Entertainment and Bluescope in very hot water  Patriot Lithium grows 95% on stunning debut, because… lithium. Obviously. Welp… that’s it for the final day of the week, and as te...

All eyes on Warrego battle to see who’s gonna blink first ASX 200 closes 0.3% up for the day, easing from 0.7% highs Astrologers claim victory as Jupiter Energy zooms for no reason at all   Happy Monday – and what a day it’s been, after t...

Highlights Simonds requests to raise AU$25.5 million on a 13 for 9 pro rata entitlement offer. The company expects to support its balance sheet using the raised working capital. Simonds’ largest shareholder has agreed to fully underwr...

If you want to know which ASX stocks fund managers and famous investors are putting their money into we’ve been keeping track of substantial holder buys (and sells). Trading Places is Stockhead’s recap of the substantial holder movements am...

Source: Shutterstock Summary Amid the ongoing earnings season, a few more companies announced their financial results on Wednesday.  While IOOF slashed the interim ordinary dividend by half, Healius declared a dividend of 6.5 cents, r...

 Source: Shutterstock Summary Australia’s benchmark equity index ASX 200 on Wednesday opened lower after the US stock markets closed flat led by the weakness in blue-chips, including technology stocks. While Consumer Discretionary was...

Source: Shutterstock Summary Sydney Airport (ASX:SYD) reported a net loss for FY2020 as the coronavirus pandemic-induced restrictions negatively impacted the passenger traffic. The passenger traffic recorded a significant fall from th...

Source: Shutterstock Summary Michael Hill International Ltd (ASX:MHJ) announced a significant surge in the first-half net profit. The Group reported healthy earnings despite continuous store closures and a significant decline in foot...

Simonds Group Ltd (ASX: SIO) shares will be on watch this morning following the release of the company’s first-half results late yesterday. At Tuesday’s market close, the Simonds share price finished the day flat at 63 cents. Let’s take a...

Summary Simonds Group net profit (continuing operations) fell to $1.9 million from $4.1 million in the previous corresponding period. The coronavirus pandemic impacted the business, but federal government polices provided an impetus for...

A millionaire executive director of Simonds Group Ltd (ASX: SIO) will be forced to go into hotel quarantine after authorities revoked his exemption. Mark Simonds, the son of founder Gary, escaped Melbourne’s strict COVID-19 lockdown on 9 A...

A quick wrap of the key winners and losers on Wednesday, July 1. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 874 stocks rose, 463 declined and 776 wer...