Articles On Valmec (ASX:VMX)

Title Source Codes Date
Emission Control: Australia’s deteriorating environment is all thanks to climate change – report

The State of the Environment report paints a bleak picture of the health of the nation’s natural environment  “Australia has lost more mammal species than any other continent over the past 200 years”, the report says The NT and INPEX deci...

Stockhead VMX 1 year ago
SSH Group’s latest acquisition to boost earnings, add third revenue arm

Services company SSH is embarking on a “transformational” acquisition of mining and civil project machinery hire company Karratha Machinery Hire that will be immediately earnings accretive. The acquisition of Pilbara-based KMH, which has es...

Stockhead VMX 2 years ago
The AGL (ASX:AGL) share price has jumped 5% in a week. What’s been happening?

The AGL Energy Ltd (ASX: AGL) share price has had a stellar week, so what is going on? AGL shares have jumped more than 5% since 21 March. They are currently trading at $7.65, a 0.92% gain so far today. In comparison, the S&P/ASX 200...

Motley Fool VMX 2 years ago
ASX Renewable Energy Stocks: AGL reveals Broken Hill lithium-ion battery storage project

AGL Energy set to build 50 MW lithium-ion large scale battery storage system at Broken Hill  The $41 million proejct will demonstrate the ability of large batteries to be equipped with grid forming inverters Grid forming inverters offer a...

Stockhead VMX 2 years ago
Trading Places: Who’s betting on return to office stocks?

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

Stockhead VMX 2 years ago
Altrad puts a nice price on Valmec acquisition

Valmec has agreed to have Altrad acquire 98 per cent of its shares, allowing the France-based engineering company to leverage its experience and grow Valmec in the Asia-Pacific region. The scheme implementation deed will see Valmec valued a...

Australian Mining VMX 2 years ago
Closing Bell: The ASX 200 fell by almost 1pc to start the week

The Australian share market has followed Wall Street’s lead, closing 0.85% lower in today’s trading. All sectors were down except for Health Care, with the worst performers being Energy and Mining, both falling by more than 2%. In big cap n...

Stockhead VMX 2 years ago
French firm to swallow Valmec

Valmec and Altrad Australia have entered into a binding scheme implementation under which Altrad will pay 41.3c per share for 98% of Valmec's ...

Mining News VMX 2 years ago
Here’s why the Valmec (ASX:VWX) share price is gaining 25% today

The Valmec Ltd (ASX: VMX) share price is soaring today after the company received an acquisition offer valuing it 29% higher than its market capitalisation at previous close. Right now, shares in Valmec are swapping hands for 40 cents apie...

Motley Fool VMX 2 years ago
ASX plunges 1.3% on COVID-19 woes; Altium falls 11%

Summary The S&P/ASX200 declined as much as 1.3% to 7,249, its lowest since July 9. Barring health care, all sectors were bleeding in red, led by materials and energy. NSW reported 98 new locally acquired COVID-19 cases in the past...

Kalkine Media VMX 2 years ago
French engineering giant Altrad swallows contractor Valmec for $52m

Shares in Valmec jumped after the resources contractor agreed a takeover by s French construction and engineering firm.

The West VMX 2 years ago
Valmec shareholders offered 29pc premium for $52 million Altrad takeover

Private French construction firm Altrad will takeover WA energy and infrastructure services company Valmec (ASX:VMX) in a $52 million deal. The 41.3 cents per share cash offer to acquire Valmec via a scheme of arrangement has been recommend...

Stockhead VMX 2 years ago
10 at 10: These ASX stocks are getting their nose in front 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 VMX 2 years ago
Power Up: Uranium is picking up speed

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

Stockhead VMX 2 years ago
Power Up: Energy demand is recovering, but who’s winning?

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

Stockhead VMX 3 years ago
Power Up: Shale oil is a dagger aimed at the heart of oil prices

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Stockhead VMX 3 years ago
Here’s why Valmec’s (ASX:VMX) share price is on the move

Summary Valmec Limited has secured a few contracts worth $30 million. The company’s order book now stands at $215 million. Valmec’s share price has shot up by 8.33 per cent to A$0.26 (as at 3:12 PM AEDT). On 10 February 2021, Valm...

Kalkine Media VMX 3 years ago
Valmec (ASX:VMX) Jumps ~14% on Impressive H1 Trading Update

Summary Valmec Limited (ASX:VMX) expects record half-year EBITDA and cashflows. The company has a strong forward order book of around A$195 million. The company anticipates exceeding its first half revenues during H2. Australian e...

Kalkine Media VMX 3 years ago
Market Update: ASX 200 sees recovery, trading marginally higher

Summary Aussie markets were largely flat on Monday at noon. But most of the sector indices are down compared to last Friday. Sectors holding gains in ASX 200 index were consumer staples, consumer discretionary, materials, and health ca...

Kalkine Media VMX 3 years ago
ASX 200 today: Market opens lower amid weak global cues

Summary The benchmark equity index ASX 200 opened lower on Monday, tracking weak cues from the US and European markets. The ASX 200 lost 3.31 per cent over the last five days and 5.96 per cent over the last 52 weeks, respectively.  Th...

Kalkine Media VMX 3 years ago
Newmont gives Valmec second Tanami contract

Valmec has secured a contract with Newmont for the Tanami underground gold mine’s stage two expansion project in the Northern Territory. The contract involves an additional package of infrastructure works, which together with Valmec’s new c...

Australian Mining VMX 3 years ago
Valmec awarded new infrastructure contracts with Water Corp and Newmont

Energy services group Valmec (ASX: VMX) has been awarded several new infrastructure projects in Western Australia and the Northern Territory, adding $23 million to its order book. The company today confirmed the new deals include infrastruc...

SmallCaps VMX 3 years ago
10 at 10: These ASX stocks are brewing a storm this morning

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead VMX 3 years ago
Newmont Goldcorp charges ahead with Tanami expansion

Newmont Goldcorp has approved to move the second expansion project at the Tanami gold mine in the Northern Territory into the execution phase. The expansion project is proposed to increase Tanami’s mine life beyond 2040. It is anchored on t...

Australian Mining VMX 4 years ago
Updates on Three Diversified Stocks: LYL, HWK and VMX

Investors, generally, prefer to diversify risk by allocating their capital in different stocks. A study has depicted that the level of diversification is more among the younger and low-level income investors. Diversification helps investors...

Kalkine Media VMX 4 years ago
4 Diversified Stocks With New Opportunities For Investors

Every investor should have a diversified portfolio to mitigate the risk of the market fluctuations. The key industries where an investor can invest are communication services, industrials, consumer staples and energy, among others. Let’s ha...

Kalkine Media VMX 4 years ago
Jemena begins Atlas gas pipeline construction

Jemena has launched construction of the Atlas gas pipeline south-west of Wandoan, Queensland. The project will see Jemena and its partners construct a 60-kilometre, eight-inch steel-coated buried gas pipeline and compressor station. It is b...

Australian Mining VMX 4 years ago
Newmont edges closer to second Tanami expansion with Valmec

Newmont Goldcorp has awarded a $6 million construction contract to Valmec for the second expansion project it has proposed at the Tanami gold mine in the Northern Territory. The contract is the second Newmont has presented for the next Tana...

Australian Mining VMX 4 years ago