Articles On SRG Global (ASX:SRG)

ShareCafeLunch Report: 29 June, 2022 by Melissa Darmawan   The rout in Australian shares have continued to deepen in a broad-based sell-off led by interest rate sensitive sectors, including listed property and information technology. At noo...

The ASX is set to open more than 1% lower today as Wall Street plunges overnight Tech stocks led the selloff in the US Bitcoin is set to be regulated as a commodity by the US SEC The ASX is poised to open more than 1% lower this morning,...

ASX is set to open higher today Market sentiment was positive on Wall Street, as stocks and commodities rose Musk confirms a 10% staff layoff at Tesla Local shares are set to rise this morning as Wall Street rebounded following a three-da...

SRG Global has secured a $95 million civil infrastructure maintenance term contract with Alcoa. The services will be provided at Alcoa’s Kwinana Alumina Refinery in Western Australia with a contract duration of five years, comprising an ini...

ShareCafeLunch Report: 18 May, 2022 by Melissa Darmawan   Materials lift ASX higher for 4th day Australian shares are on track to continue its winning streak for its fourth straight day after taking a strong lead from Wall St. The local ind...

18 May 2022 - SRG Global (ASX: SRG) has secured a $95 million civil infrastructure contract with US-based industrial company Alcoa.

SRG Global (SRG) has won a $95 million civil maintenance term contract with aluminium company Alcoa Under the five-year contract, SRG will provide various works and handling services to Alcoa’s Kwinana Alumina Refinery in WA There’s also p...

ASX is set to open higher after a Wall Street rally US Fed chairman Jerome Powell says the Fed will keep pushing until inflation declines Crucial Aussie unemployment data due out tomorrow Aussie shares are set to open higher this morning...

It’s possibly the best time to be in the civil infrastructure space right now, with billions of tax dollars pouring into public projects across Australia. Major public works are simultaneously being conducted to build and upgrade our rail,...

BCI Minerals (BCI) has marked official commencement of construction at the Mardie salt project in Karratha The company has been working for years to start the project with the aim of being Australia’s largest solar salt project SRG Global...

ASX XEC gains 0.5% on Thursday as falling oil prices scuttle ASX 200 Iron ore cracks US$150, AUD steadies above 75 cents Major movers today: Siren Gold (ASX:SRG), Tempest Minerals (ASX:TEM) The ASX200 – down 0.2% at the close – was tracki...

ASX 200 has touched a new high-water mark for 2022 Aussie Government sets aside $1.2 billion for Phase One of the national space mission Major movers today: Culpeo Minerals, Tesoro Resources, Latin Resources   The ASX 200 has touched a ne...

One of Wilson Bayly Holmes - Ovocon (WBHO) Australia’s subsidiaries will be saved after administrators Deloitte today announced SRG Global (ASX: SRG) had signed a sale agreement for WBHO Infrastructure Western Australia. The deal, worth $1...

Supply chains are constrained globally as the world gets back on its feet This comes as inflation takes off, adding upward price pressures caused by scarcity of supply These conditions translate to major headwinds for contractors who agree...

Listed construction company SRG Global (ASX: SRG) has announced it will pick up the Western Australian arm of Wilson Bayly Holmes - Ovocon (WBHO) Infrastructure for $15.2 million as part of an asset sale following the collapse of parent com...

Highlights Soaring oil prices continue to pose a significant challenge to businesses across Australia, be it agro-based, commodity or energy sector. Aviation turbine fuel constitutes approximately 40% of an airline's operating cost on...

SRG Global (SRG) buys WA-based WBHO Infrastructure out of voluntary administration for $15.2 million, paid in existing cash and equipment finance facilities and fully asset backed The acquisition is said to be complementary to SRG’s existi...

A deal to buy out the WA arm of a firm caught up in the collapse of Australian construction giant Probuild is expected to secure the jobs of almost 300 local staff.

Keep up with the latest and largest contracts from across the mining sector, including at Pembroke Resources, SIMEC, Monadelphous and more.  Pembroke Resources awarded Thiess with a $1.5 billion mining services contract at the Olive Downs c...

SRG Global (SRG) has been awarded three mining aervices contracts, valued at about $60 million to provide specialist drill and blast services as well as other support Its first contract is for two years and will consist of work on Evolutio...

SRG Global has been awarded a $150 million contract with OneSteel Manufacturing for the provision of mining services at SIMEC Mining’s iron ore operations in South Australia. The five-year contract will begin immediately, with SRG Global to...

Finally… after 24 months Australia is about to welcome international tourists back as we reopen our borders in two weeks time. Following a briefing by the national security committee, PM Scott Morrison made the decision on Monday to allow f...

Wall Street falls on Omicron concerns All three major benchmarks finished lower overnight, on concerns the new variant may pose a real threat. The WHO warned the Omicron variant is spreading at an unprecedented rate and may already be prese...

SRG Global (SRG) has secured two specialist facades contracts in Melbourne valued at around $20 million The first contract is for specialist engineered curtain wall facades for the M1 building at the $2.9 billion Melbourne Quarter precinct...

US and European stock markets rebound Stock markets in the US and Europe bounced back overnight, as fears about the Omicron variant eased. US top infectious disease doctor, Dr Anthony Faucci, told CNN: “So far it does not look like there’s...

SRG Global (SRG) secures two specialist façade contracts in Perth valued at approximately $70 million The projects are located at Westralia Square and Elizabeth Quay West with SRG responsible for design, supply and installation The first p...

SRG Global has won seven term contracts worth $110 million across Australia and New Zealand including contracts with Roy Hill and Rio Tinto.

SRG Global has secured seven contracts with multiple Tier 1 clients for its asset services segment, including with Rio Tinto, Roy Hill and in the Western Australian goldfields. The total value of the contracts is $110 million and will see S...

Wall Street retreats slightly All three US stockmarket benchmarks were slightly lower on Monday – the Dow Jones was down by 0.04%, the S&P500 by 0.01%, and tech heavy Nasdaq by 0.04%. Tesla CEO Elon Musk threatened to sell more of his s...

Bugarrba, a joint venture between SRG Global (SRG) and the Njamal People, has been awarded a five-year contract with Fortescue Metals Group (FMG) for ~$25 million The JV aims to provide meaningful and sustainable employment to Aboriginal p...

Fortescue Metals Group has contracted Indigenous business Bugarrba to provide engineered scaffold services at its port operations and facilities in Western Australia. Bugarrba is a joint venture with members of the Njamal community in the P...

ShareCafeAustralia… One Hour In… ASX200 up 53 ASX200 up 53 points (0.7%) to 7325.   Collins Foods (+0.7%); has bought 9 KFC restaurants in the Netherlands for 10.25m Euros.  Will own 55% of KFC’s in the Netherlands.    Hmmm, KFC. Domino’s...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Rising investment in exploration and buoyant commodities markets provided a boost for mining services stocks in the latter part of the 2021 financial year. Some of the biggest contractors on the ASX reported their 2020-21 earnings today, wh...

There’s no doubt there’s a building boom right now in the US, with the Biden administration investing big bucks to create and preserve more than 2 million sustainable homes as part of its Build Back Better Agenda. And while there’s volatili...

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...

It was a rollercoaster ride on the ASX today with the Australian bourse rising up to 0.4% in the first hour before declining over the rest of the day. By 4.10pm the ASX 200 had dropped by 0.73% to close at 7,262 points while the ASX Emergin...

Reporting season is nigh for Australian gold miners, who are due to unveil their FY21 production results and earnings over the coming weeks. It is as they say, “where the rubber meets the road”, the proof in the pudding on just how Australi...

Summary The S&P/ASX200 traded up by 12.60 points or 0.17% at 7,327.60 by Tuesday afternoon. All the “big four” banks were trading higher ahead of the monetary policy announcement by the Reserve Bank. The energy sector was the best...

The SRG Global Ltd (ASX: SRG) share price is rocketing in morning trade, up 7%. Below we take a look at the engineering-led mining services and construction group’s guidance update and outlook for the 2022 financial year. What guidance upd...

Didi ban and Kaseya ransom Wall Street was closed on Monday due to the extended Independence Day long weekend. Chinese regulators ordered app stores in China to block ride-hailing Didi app from being downloaded, just less than a week after...

The SRG Global Ltd (ASX: SRG) share price will be one to watch closely on Wednesday morning. This comes after the engineering company announced that it has secured a raft of contracts. At yesterday’s market close, SRG Global shares ended t...

Wall Street mixed, as iron ore and oil gain The US stock market finished mixed, with energy being the main winner as oil prices rose. The global oil-price benchmark hit a two-year high at US$70, after OPEC said it sees more oil demand this...

Macquarie Group Ltd (ASX: MQG), Transurban Group (ASX: TCL) and other Australian construction giants are in the spotlight over a new Grattan Institute report, criticising cost blowouts and a lack of competition within the industry. The Mac...

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...

ShareCafeAustralia…One Hour In…ASX200 down 1 point ASX200 down 1 point.   Adbri (+7.8%); FY profit doubled in 2020 versus pcp, when its bottom line was weighed by impairment charges, and that earnings had benefited from cost cutting and im...

Fortescue Metals Group has awarded a $150 million, five-year contract to mining services company SRG Global. The contract is a master agreement for maintenance and shutdown services across Fortescue’s rail and port sites in Western Australi...

The SRG Global Ltd (ASX: SRG) share price is on the move in mid-afternoon trade. Its shares reached a 52-week high during the first few minutes of the market open. However, some profit-taking has led its shares to slightly pull back to 49...

DIVERSIFED SRG Global has won a five-year, multi-disciplinary services contract to support iron ore producer Fortescue Metals Group's sites in the ...

Pit N Portal Mining Services has awarded SRG Global with a drill and blast contract at Red 5’s Great Western gold mine in Western Australia. SRG will provide production drill and blast services and explosives supply to the mine under the ag...