Automotive Holdings Group Ltd.’s Trading ex-dividend

Trading ex-dividend: Automotive Holdings Group Ltd.’s stock plunged 1% on September 21, 2017 as the group traded ex-dividend. Last month, the group announced its annual results for the twelve months ending 30 June 2017 with revenue growth of 8% to $6,080 million. On the other hand, net profit after tax (NPAT) dropped 38% to $55 million at the back of one‐off costs associated with the Refrigerated Logistics transformation program, restructuring of the company’s operations, and cost down initiatives as highlighted in the May trading update. The group has still been consistent with its dividend policy of paying 65% to 75% of operating profit. Despite the shortcomings in automotive segment, the group expects a modest improvement in operating performance in 2018 and is putting efforts on cost reduction. The group expects to benefit from continued strong performance of dealerships in New Zealand, roll-out of easyauto123 fixed price used car warehouse model and ongoing improvement in Refrigerated Logistics.

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Graincorp Ltd.’s On track for strong FY17

On track for strong FY17: Graincorp Ltd.’s (ASX: GNC) stock moved up 5.6% on August 30, 2017 driven by market sentiments. The group had earlier reported an EBITDA of $236 million in the first half of 2017 as compared to $134 million in the prior corresponding period (pcp), and consequently the underlying NPAT rose to $100 million from $32 million of pcp. The group expects to reach their full year EBITDA estimate of $385 million-$425 million and underlying NPAT of $130 million-$160 million. Growing Australian grain harvest and better export volumes, coupled with the group’s network efficiency efforts and managing costs have contributed to the robust result during the period. The group’s average receivals per site increased to 70,000 tons from 40,000 tons of last harvest, driven by a modern and efficient network through Project Regeneration. GNC is also enhancing their sales mix with a better focus on higher margin products. Better canola supply drove their oil supply with lower procurement costs. However, the company has highlighted that continuous pressure on its margins and unfavourable foreign exchange movements have been posing challenges.

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2016 ALL ORDINARIES ASX Mid Cap Stocks ASX100 ASX200 Australian Mid-Cap Dividend Stocks S&P/ASX 200 S&P/ASX 200 Consumer Staples S&P/ASX 300 S&P/ASX All Australian 200 S&P/ASX MIDCAP 50 Uncategorized

3 Food stocks – Graincorp, Australian Agricultural Company and Costa Group Holdings

On track for strong FY17: Graincorp Ltd.’s (ASX: GNC) stock moved up 5.6% on August 30, 2017 driven by market sentiments. The group had earlier reported an EBITDA of $236 million in the first half of 2017 as compared to $134 million in the prior corresponding period (pcp), and consequently the underlying NPAT rose to $100 million from $32 million of pcp. The group expects to reach their full year EBITDA estimate of $385 million-$425 million and underlying NPAT of $130 million-$160 million. Growing Australian grain harvest and better export volumes, coupled with the group’s network efficiency efforts and managing costs have contributed to the robust result during the period. The group’s average receivals per site increased to 70,000 tons from 40,000 tons of last harvest, driven by a modern and efficient network through Project Regeneration. GNC is also enhancing their sales mix with a better focus on higher margin products. Better canola supply drove their oil supply with lower procurement costs. However, the company has highlighted that continuous pressure on its margins and unfavourable foreign exchange movements have been posing challenges.

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2016 ALL ORDINARIES ASX Mid Cap Stocks ASX100 ASX200 Australian Mid-Cap Dividend Stocks S&P/ASX 200 S&P/ASX 200 Consumer Staples S&P/ASX 300 S&P/ASX All Australian 200 S&P/ASX MIDCAP 50 Uncategorized

3 Mining stocks – Syrah Resources, Sandfire Resources NL and Magnis Resources

Mining agreement approved by government of Mozambique: Syrah Resources Ltd (ASX: SYR), up over 9% on August 30, 2017, announced that its wholly owned subsidiary, Twigg Exploration and Mining, Limitada (Twigg), holder of the Balama Project, has finalised the negotiation of a Mining Agreement with the Ministry of Mineral Resources and Energy of the Republic of Mozambique. Accordingly, it was approved by the Government of the Republic of Mozambique on 29 August 2017. The Mining Agreement consolidates all prior project documents and approvals. Further, it also provides the Company with clarity around the governing laws and contractualises the mining rights and other obligations for the Balama Project in Mozambique. In accordance with ordinary administrative procedures, the main legal terms of the Mining Agreement will now be gazetted and the Agreement signed by Twigg and the Minister of Mineral Resources and Energy (on behalf of Government of the Republic of Mozambique) in the coming weeks. It will then be presented to the Administrative Court in Mozambique for sanctioning after which it will be binding and enforceable. The Company will announce the key commercial terms of the Mining Agreement once the agreement is signed and becomes binding and enforceable.

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Telstra witnessed a stock price slump of 6% on August 30 Traded ex-dividend

raded ex-dividend: Telstra witnessed a stock price slump of 6% on August 30, 2017 while the stock traded ex-dividend. Further, the group updated that the proposal to monetise a portion (worth between $5-5.5 billion) of its locked-in recurring nbn receipts, which was announced to the market on 17 August, did not receive technical consents from nbn co. The proposal was basically subject to agreement and a number of steps including approvals and consents from investors, the Commonwealth Government and nbn co. The proposal was well supported by equity and debt investors while nbn co did not approve of it. The nbn recurring payments have been expected to grow to about $1 billion annually by the end of nbn’s migration period. As per the company, proposed transaction showed the significant value in Telstra’s core underlying telecommunications infrastructure. Meanwhile, TLS had announced about their intention to combine Foxtel and Fox SPORTS Australia into a new Company, one that is well positioned to deliver premium sports as well as homegrown, original and international entertainment in a rapidly evolving and competitive marketplace. In this regard, TLS and News Corp will work to finalise the transaction, including obtaining regulatory approval, to be completed in the first half of 2018. Although there are challenges in the near term, the group’s efforts are expected to reap benefits in the long-term.

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2016 ALL ORDINARIES ASX BLUE CHIP ASX Blue Chip Stocks ASX100 ASX20 ASX200 ASX50 Australian Blue Chip Dividend Stocks S&P/ASX 100 S&P/ASX 200 S&P/ASX 200 Telecommunication Services S&P/ASX 300 S&P/ASX All Australian 200 S&P/ASX All Australian 50 Uncategorized