Articles On Codan (ASX:CDA)

The ASX 200 finished lower today Xero dragged down Tech sector  Australia’s jobless rate is at 3.4% lowest in almost half a century   The ASX 200 index fell for the first time this week, down by 0.30%, as Tech stocks dragged the bourse lo...

ASX mining share Conico Ltd (ASX: CNJ) exploded today following a market announcement. The company’s share price is currently up 22% in late afternoon trading to 5.5 cents. However, in earlier trade, the micro-cap ASX mining share lifte...

The S&P/ASX 200 Index (ASX: XJO) appears to have run out of steam on Thursday. In afternoon trade, the benchmark index is down 0.25% to 7,109.4 points. Four ASX shares that are falling more than most today are listed below. Here’s w...

It’s been a backwards kind of day for the S&P/ASX 200 Index (ASX: XJO) and ASX shares this Thursday. At the time of writing, the ASX 200 has slipped by 0.29% and is back down to around 7,105 points. But rather than dwelling on that, le...

One ASX tech share that’s experienced a particularly choppy 12 months is donor management company Pushpay Holdings Ltd (ASX: PPH). Pushpay shares initially emerged as a COVID winner as churchgoers embraced digital giving and engagement....

The S&P/ASX 200 Materials Index (ASX: XMJ) is 0.86% in the red today, but three ASX mining shares are bucking the trend. Three materials shares lifting are Monger Gold Ltd (ASX: MMG), Black Canyon Ltd (ASX: BCA) and ChemX Materials Lt...

The share market fell for the first time in four sessions following weak leads from Wall Street, declines in key commodities and earnings misses from Origin Energy and Transurban. The S&P/ASX 200 declined 22 points or 0.31 per cent t...

Highlights Australian share market opened lower on Thursday. The ASX 200 index fell 9 points, or 0.13% to 7,118.70 at the open. The index has gained 0.67% in the past five days. Australian share market opened lower on...

Carl Capolingua is the only Australian technical analyst you will meet in this story. He works by candlelight at ThinkMarkets and lives with the little candelabrums in the western state that does what it wants, where they admire his unique...

The hot debate igniting financial circles right now is whether ASX shares — and stock markets across the world — have reached the bottom. Could the bear finally be ready to hibernate for the rest of winter, or does it plan to skulk about i...

Seven of Australia’s nine top railway operators rely on Zetron for critical communications BRISBANE, Australia, Aug. 4, 2022 /PRNewswire/ — Zetron, a global leader in integrated mission critical communications technology, today announced...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

The ASX 200 closed slightly up today The RBNZ lift rates by 50bp to 2.5% Ahead tonight, the all important US CPI Local blue chips whipsawed between minor gains and losses today, finally settling to a +0.2% close. Investors were mostly sit...

The ASX fell by 0.34% today Energy and Mining sectors fell by 5% each as recession fears bite A flood of economic data to be released in the US this week   Recession fears continue to dictate markets as major bourses in Asia, including th...

Directors continued to add to their holdings as a volatile FY22 came to a close WiseTech Global co-founders continue large sell-offs; Richard White offloads another $30m of stock WOTSO non-executive chairman bullish on company as share pr...

114 tech stocks were trading down for the month of June 11 stocks flatlined and only 22 were in the green The biggest losers were iSYNERGY, Icetana and Eroad   Wowzers. Even by tech stocks standards, June was a bit of a shocker, with the...

Shares in Codan (ASX:CDA) have de-rated from a 1-year forward P/E multiple, from ~27x 12 months ago to ~12x at present. This is given challenges in its Metal Detection Division. With growth opportunities emerging from the Communications Div...

Directors have not been shy to add to their holdings during recent market downturns Peter Warren Automotive Holdings and Domain Holdings among biggest buys since  June 14 heavy sell off Multiple directors in various companies buying dips i...

The leading investors from Wilson Asset Management (WAM) have told investors about two compelling All Ordinaries Index (ASX: XAO) ASX shares on their radar. WAM operates several listed investment companies (LICs). Some, like WAM Leader...

The WAM Capital Limited (ASX: WAM) share price closed the session today down 4.87% to $1.66. This represents a dramatic 21% fall in value since 3 June. As watchful investors would have noted, there was no market news released by the liste...

The S&P/ASX 200 Index (ASX: XJO) is out of form again on Tuesday. In afternoon trade, the benchmark index is down 0.9% to 7,143.3 points. Four ASX shares that are falling more than most today are listed below. Here’s why they are dropp...

Shares fell for a second day as downbeat economic data underlined cost of living pressures ahead of an expected rate rise this afternoon.   A broad sell-off drove the S&P/ASX 200 down 63 points or 0.88 per cent by mid-session. All...

Iron ore, lithium and manganese miner Mineral Resources added to the S&P/ASX 50 Index Ailing investment manager Magellan Investment Financial Group dropped out of the S&P/ASX 100 Index The S&P/ASX All Technology Index sees only...

Highlights BRN, CXO, LKE and NHC performed exceptionally well in the past one year on the ASX These companies have also delivered substantial earnings growth All the above stocks have gained investors’ attention after the news of S&am...

ASX 200 dips 0.50% Energy stocks lead, while Tech lag The RBA is set to have the board meeting on Tuesday Local shares dipped today, down by 0.50% ahead of tomorrow’s RBA board meeting. The Melbourne Institute (MI) has this morning reveal...

Stocks retreated ahead of the second interest rate rise of the year as declines in banks, miners and tech stocks outweighed advances in energy and healthcare providers. The S&P/ASX 200 eased 32.5 points or 0.45 per cent in cautious t...

In morning trade, the Appen Ltd (ASX: APX) share price has come under pressure again. At the time of writing, the artificial intelligence data services company’s shares are down 2.5% to $6.24. Why is the Appen share price falling? Investor...

The S&P/ASX 200 Index (ASX: XJO) was well and truly out of form in May. Over the month, the benchmark index fell a disappointing 3% to 7,229 points. Fortunately, some shares were able to defy the selloff and storm higher. Here’s why th...

Highlights The Australian share market opened lower on Tuesday as except miners, all other sectors witnessed profit booking Wall Street was closed on Monday due to a public holiday. Ten of the 11 sectors were trading lower in morning...

The S&P/ASX 200 (ASX: XJO) delivered a strong finish to the week, gaining 1.1% on the back of a strong global lead. The primary driver was a weakening of the rhetoric from US Federal Reserve Chair, Jerome Powell in relation to the cours...

If all the turbulence in share markets is confusing, it’s worth looking at what the professionals have been buying for their own funds. Listed investment company QV Equities Ltd (ASX: QVE) on Thursday held an update for investors in Sydney...

ShareCafeThe Week that Was – May 23-27, 2022 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so, he...

The share market gave up early gains as Chinese growth worries dragged on the dollar and commodity prices. The S&P/ASX 200 faded to a loss of 49 points or 0.69 per cent. Institutional selling in the closing auction drove the benchmar...

ASX 200 closed 0.53% lower today AI stock Appen jumped 29% on takeover play China’s economics boss sounds warning   Local blue chips lost early gains and finished the day in the red, with the ASX 200 index closing half a percent lower tod...

Miners steered the share market into the red after a growth warning from China’s premier helped push iron ore prices sharply lower. The S&P/ASX 200 flipped a 26-point opening rally into a mid-session loss of 27 points or 0.38 per cen...

While some brokers lower price targets, Codan is set to meet FY22 consensus forecasts. -Codan on track to achieve FY22 consensus estimates-Diversification strategy yields benefits-Softness in metal detection offset by communications segment...

World Overnight SPI Overnight 7172.00 + 19.00 0.27% S&P ASX 200 7148.90 + 3.30 0.05% S&P500 3973.75 + 72.39 1.86% Nasdaq Comp 11535.27 + 180.66 1.59% DJIA 31880.24 + 618.34 1.98% S&P500 VIX 28.48 – 0.95 – 3.23% U...

Codan shares surged after the manufacturer of communications and mining technologies said the second half of the financial year would match its bumper first half result.

ShareCafeCodan Shares Surge on Surprise Upgrade Shares in Codan jumped back to the levels they were at in early February yesterday after it revealed a surprise upgrade for the June 30 year. The company told the ASX that it now expects profi...

ShareCafeFirst Tick for Albo as AAA Credit Rating Confirmed The change of federal government went off without the horses stampeding the ASX yesterday, especially after ratings group S&P Global helped settle things by reaffirming its AAA...

Highlights ASX 200 closed today’s trade merely 3.30 points up at 7,148.90 points. Materials supported gains against the pulldown from financials and utilities. Incitec Pivot, Imugene, and Elders were some newsmakers of the day. St...

ShareCafeEvening Report: 23 May, 2022 by Melissa Darmawan   The Aussie sharemarket lost steam from midday and eked out a gain after hearing that Beijing reported a record number of Covid-19 cases, renewing concerns the capital may face anot...

Aussie markets opened slightly ahead this morning after man of the moment Anthony Norman Albanese was sworn in as the 31st prime minister and posed for a happy ALP family pic, thus ended 10 years of conservative government. Throughout the d...

ASX closes flat Mining and Energy lead, while Health and Financials lag Codan, Elders offer strong guidance The first day of a new government didn’t have much impact on the local stock market, with Aussie blue chips closing the day flat....

The share market gave up most of its early gains as overseas crosswinds overshadowed Saturday’s federal election result. The S&P/ASX 200 gained as much as 50 points in early action before trimming its advance to three points or 0.05...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has given back its morning gains and dropped into the red. At the time of writing, the benchmark index is down 0.1% to 7,138.4 points. Four ASX shares that are not letting that hold...

The share market trimmed strong early gains as record Covid cases in Beijing triggered profit-taking after the market briefly climbed 50 points in the wake of Saturday’s federal election. At the halfway mark, the S&P/ASX 200 was down...

Highlights The Australian equity markets opened on a positive note today. In the initial few minutes of trading, the benchmark index ASX 200 was up 0.27% at 7,164.90 points. Seven of 11 sectors traded higher today, with the Materials...