Articles On Codan (ASX:CDA)

Adelaide-based Codan (ASX: CDA) has today announced the current boss of packaging solutions provider Detmold will fill the empty space left by long-term outgoing CEO Donald McGurk, following a months-long downturn in the group’s share price...

Former market darling Codan has fallen on hard times. We’re looking at two years price action today – and what can be clearly seen is just how pervasive the dominant trend has been in both directions. The bull run from the March 2020 shake...

Chris Batchelor, Spotee Connect BUY RECOMMENDATIONS Codan (CDA) Codan produces metal detectors and communications equipment. Codan has grown into a global business. Revenue has significantly increased in the past five years to $437 million...

The share price of electronic solutions and metal detector maker, Codan (ASX: CDN), has fallen around 42 per cent since June. It’s now back where it was around 12 months ago. But instead of being concerned, I believe the company continues t...

Highlights Several companies have performed on a subdued note in 2021 on account of the pressure felt due to the coronavirus pandemic. While a good number of shares sank due to COVID-19 related challenges, some fell more than most.  A...

Today, the S&P/ASX 200 Index (ASX: XJO) kicked off the new week with a green session. At the end of the trading day, the benchmark index finished 0.64% higher at 7,370.8 points. The markets were awash with gains across all sectors exce...

Highlights The ASX 200 opened higher and rose 0.6% by the mid-session on Monday. Nine of the 11 sectors traded in red, barring financial and materials. Orocobre, Janus Henderson, and Blackmores were among top gainers on the ASX. Gold...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a solid gain. At the time of writing, the benchmark index is up 0.8% to 7,382.5 points. Four ASX shares that are climbing more than most today are...

Highlights The ASX 200 ended on a weaker note on Friday, 29 October 2021, and recorded a marginal monthly fall last month. On Friday, the Australian benchmark fell 1.4%. The weakness in the market saw a good number of ASX-listed stock...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a solid gain. The benchmark index is currently up 0.55% to 7,364.8 points. Here’s what is happening on the ASX 200 today: Westpac full year result...

Due to a disappointing finish to the month, the S&P/ASX 200 Index (ASX: XJO) recorded a small monthly decline in October and finished the period at 7,323.7 points. While a good number of shares dropped with the market, some fell more t...

The S&P/ASX 200 (ASX: XJO) finished the week and the month on a negative note, falling 1.4% after an unexpected spike in bond yields hit sentiment on Friday afternoon. The biggest pain naturally came from the real estate and financial s...

After a few weeks when the Hot Money column briefly turned into a ‘bizarro Viagold update’, the ASX put an end to that when it put the obscure rare earths play into suspension on October 15, pending “further enquiries”. This week a new lead...

Highlights  Australian shares eased downward today as the ASX 200 closed 0.2 per cent lower; energy shares performed worst. Most Asian stocks fell amid concerns that the recovery from COVID-19 will slow as elevated inflation forces tig...

Financial stocks were the only sector in the green today, with the benchmark ASX 200 index falling by 0.3% at the close. It was the first time this week the local bourse finished in the red, in a broad-brushed selloff led by the Energy sect...

With annual general meeting (AGM) season underway, we’re starting to see some interesting trends. One is that, overall, results have been better than expected. Another is that, in Australia, margins are coming under pressure as inflation st...

In late 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 0.4% to 7,420.9 points. Four ASX shares falling more than most today are list...

Highlights The ASX 200 declined as much as 0.4% by mid-session on Thursday. Fortescue Metals edged lower following its quarterly business update. ANZ shares rose over 2% on robust annual earnings report. The Australian share marke...

It’s a week shareholders rather forget as the Codan Limited (ASX: CDA) share price tanked 23% despite announcing a new contract win. The Codan share price crashed by another 7% this morning to a more than one-year low of $10.24. The loss i...

Highlights Star Minerals shares closed 7.5% higher on ASX debut. The gold explorer raised AU$5 million in its oversubscribed IPO. The company issued 25 million shares at an offer price of 20 cents. The Australian share market...

Highlights  The ASX 200 added 0.1 per cent, or 5.3 points, to 7448.7 today. The healthcare and communication services sectors led the market. Consumer prices rose 0.8 per cent in the three months to September and 3 per cent over the p...

Highlights The ASX 200 traded marginally lower by the afternoon, paring opening gains. Seven of the 11 sectors were trading in red, while consumer staples declined the most. Codan, A2 Milk Company, Champion Steel, were among top loser...

Highlights  Woolworths shares fell despite a rise in the company’s quarterly sales. Humm Group shares declined on plan to commence dividend payment. Codan shares slumped despite bagging a new contract. Gold Road Resources dropped aft...

The ASX 200 edged into positive territory by the close of trade, after digesting Q3 inflation data which came in slightly higher than expected. The higher print for core inflation saw the Aussie dollar push higher and stocks briefly fell, b...

The ASX got off to a solid start today but the rally eased following the release of inflation data. Core inflation rose at the fastest pace since 2015 leading to speculation that the tightening of monetary policy could come sooner than 2024...

An early rally largely fizzled out after a hotter-than-expected inflation report sharpened fears official rates may rise as soon as next year. The S&P/ASX 200 cut a 30-point rally to a final gain of five points or 0.07 per cent. The...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small decline. At the time of writing, the benchmark index is down slightly to 7,441.7 points. Four ASX shares that are falling more than most today are list...

The Codan Limited (ASX: CDA) share price is slumping during afternoon trade after spending most of the morning in the green. This comes after the technology company announced to investors that it has secured a significant contract. At the...

Codan (CDA) subsidiary, DTC Communications, has been awarded multi-year contract with a global technology company DTC will supply its software defined mesh radios to an unnamed company which is undertaking a “sensitive military program” Th...

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decline. The benchmark index is currently down 0.3% to 7,419.7 points. Here’s what is happening on the ASX 200 today: A2 Milk shares crash on investor upd...

Australian shares were set to open little changed ahead of today’s consumer prices report despite another round of records on Wall Street. ASX futures edged up just four points or 0.05 per cent after a mid-session wobble and late dip too...

Local tech stocks were buoyed by Nasdaq’s rise of 1% overnight, following Tesla’s 12% rise as it joined Apple, Google, Facebook in becoming a trillion dollar company. Tech favourites like Afterpay (ASX:APT) rose by 3%, but the most scruitin...

Today, the S&P/ASX 200 Index (ASX: XJO) kicked off the session strong but lost its stream as the day progressed. The benchmark index finished 0.03% higher to 7,443.3 points. The standout sectors on Tuesday included tech and consumer di...

S&P/ASX 200 Index (ASX: XJO) shares are, broadly, pulling the index higher today. At time of writing the index is up 0.3%. But it’s tech shares that are leading the way today. Tech companies leading ASX 200 shares into the green While...

The old adage goes, you should buy ASX shares when they’re cheap, not when prices have already risen. But how can you tell whether a stock is currently cheap because it’s underappreciated by investors, or if it genuinely represents a dud b...

The share market looked ready to add to three weeks of gains at this morning’s open following a record close on the Dow and a rebound in mining stocks. Futures action suggested the S&P/ASX 200 would open 30 points or 0.4 per cent ahe...

Highlights The Australian shares pared back gains enjoyed through most of the day to close flat today, finishing just 1.7 points higher at 7415.4. Weekly payroll jobs edged 0.2% higher in the two weeks ended September 25 in a positive...

After trading higher by half a percent for most of the day, the benchmark ASX 200 ended up just 0.07% higher, taking its weekly gain to 0.70%. Properties and miners were the major winners, while travel stocks dragged the index down. The loc...

Highlights The ASX ended 0.5% higher on Wednesday. Alvo Minerals surged 64% on IPO listing. ActivePort Group dropped 2.5%, while RAM Essential Services Property Fund rose 2%. The Australian share market closed higher on Wednesday,...

Highlights Australian shares gained ground today, afloat by a strong session for technology and financial stocks which offset weakness from the energy sector. Mixed cues continue to pave way from Asian markets. The International Monet...

The ASX 200 was up 0.73% today, following similar rises in US stocks overnight. Tech, miners, and industrials were the best performing sectors, with energy and communications being the only sectors in the red. The Aussie index rose as ABS d...

Today, the S&P/ASX 200 Index (ASX: XJO) rallied on the back of another positive session in the US. The benchmark index moved 0.53% higher to 7,413.7 points. Only two sectors finished in the red at the end of Wednesday’s day of trade. T...

The S&P/ASX 300 Index (ASX: XKO) is rebounding in positive territory on Wednesday after losing some minor ground yesterday. During late-afternoon trade, the ASX 300 is up 0.66% to 7,433.8 points. This means that the index is currently...

Highlights The ASX 200 was up 0.9% by afternoon trade on Wednesday. All 11 sectors traded in the green, led by tech and consumer staples. Kogan gained the most, while Whitehaven Coal emerged as the top laggard. BHP, De Grey Mining, B...

Highlights The ASX200 closed 0.1% lower today at 7374.9 points, dragged down by falls in large mining companies. In Asia, stock markets traded mostly higher today. The global crypto market cap has inched up marginally. The ASX 200...

The ASX 200 posted its second day of steady gains, although the drivers were broadly the reverse of Monday’s session. Falls in resources and financials were offset by a rebound in the tech sector. A day after lagging the market with a fall...

Highlights The ASX 200 traded 0.2% higher by the mid-session, led by tech stocks. Barring material, all sectoral indices were trading in the green zone. Blue-chip mining stocks BHP, Rio Tino and Fortescue traded lower. Uniti Group, Z...

Highlights The ASX 200 was trading around 7,383, a few points up from Monday’s closing of 7,381.1. The market breadth is on the positive side for the day so far with nine out of the 11 sectors trading higher. The IT sector is leading...

In this week's Weekly Insights:-Forecasts Are Falling-Conviction Calls-Research To DownloadBy Rudi Filapek-Vandyck, Editor FNArenaForecasts Are FallingAs if investors didn't already have enough to worry about, earnings forecasts around the...

Two ASX shares that have been sold-off recently may have caught a break as brokers just upgraded them to ‘buy’. The upgrade comes the S&P/ASX 200 Index (ASX: XJO) jumped more than 1% as it bounced from a four-month low. One of these up...