Company updates
Retail investors can now invest in CML Group March 2022 senior secured fixed rate bonds
Company updates
This week, CML updates its FY17 earnings guidance, we provide new AUD and USD DirectBonds and Mackay Sugar to implement its $2 per tonne levy
Company updates
Reporting season is drawing to a close, but still we had eight Australian companies announce their 1H17 results over the week. Further, IMF Bentham has announced its expansion into Houston Texas and Mackay Sugar sought advice for its capital management and strategic direction
Company updates
CML has posted solid results with EBITDA of $5.9m, up 181% on the prior corresponding period
Week in review
The Aussie dollar is at its lowest level for six months and government bond yields continue to sell off
Company updates
Adani’s outlook revised by S&P, Capitol Health release a trading update, Cash Converters released their 1Q17 update, Emeco to hold a creditors’ scheme meeting and more
Company updates
Company reporting galore as Ausdrill exceeds cashflow expectations, CML and Dicker Data both post solid results, Kinross 2041 bond added to our DirectBond list, PMP reports it is in a near debt free position, Sunland bonds offering good value on the back of its results and Qantas FY16 profits up 57% from the previous year
Company updates
CML posted solid results and reaffirmed FY17 EBITDA guidance of greater than $10.6m (100% increase from FY16). Credit metrics are likely to improve as the company benefits from a full year’s contribution and synergies from acquisitions
Company updates
IAMGOLD added to our DirectBond list and announced an equity raising, CML confirmed the sale of its payroll business is now completed, Emeco provided an operational update, MyState Bank responded to speculation regarding La Trobe Financial acquisition, CDPQ entered agreement to acquire 20% stake in Plenary, and Virgin released its full year results
Company updates
CML has previously highlighted its intent to sell its ‘non core’ businesses