Latest Investments News

SGH Ltd has reported a robust half-year performance for the period ending December 31, 2024, with revenue up 2.2% and net profit soaring 174.5%, underpinned by strong operational segments and strategic acquisitions.

Seven West Media reported a 6% decline in total TV advertising revenue for the half-year ending December 2024 but achieved record digital audience growth and increased its TV revenue share to 41.5%. The company’s strategic investments in digital platforms and cost management signal a pivot towards a more resilient media business.

Poseidon Nickel Limited’s shares have been suspended from trading following court approval of Horizon Minerals’ acquisition scheme, marking a pivotal step in the nickel miner’s corporate evolution.

Queste Communications Ltd reported a robust $4.2 million net cash increase in January 2025, driven primarily by positive operating cash flows and strategic investing activities. The company’s consolidated cash position benefits from its controlling stake in Orion Equities Limited.

Foresta Group Holdings has signed a non-binding term sheet with Genesis Energy to supply torrefied wood pellets for Huntly Power Station, marking a pivotal step toward reducing New Zealand’s coal dependency by 2028.

Poseidon Nickel and Horizon Minerals have officially completed their merger via schemes of arrangement, with Poseidon shares suspended and scheme consideration set for distribution next week.

CVC Limited projects a significant increase in net loss for H1 2025 and suspends its interim dividend amid cash flow concerns. Investors await detailed half-year results due late February.

Lodestar Minerals has increased its capital raising placement by $22,500, bringing the total to $542,500, subject to shareholder approval at an upcoming meeting.

JPMorgan Asset Management has announced estimated cash distributions for its Global Equity Premium Income ETFs for February 2025, alongside a detailed timetable for investors to follow.

Australian Foundation Investment Company Limited has updated its interim dividend announcement, detailing foreign currency exchange rates and pricing for its Dividend Reinvestment and Substitution Share Plans. The fully franked dividend of AUD 0.12 per share is set for payment on February 25, 2025.

Gyder Surgical, backed by Hydrix Ventures, has secured FDA 510(k) clearance for its innovative GYDER Hip System, opening the door to the lucrative U.S. market and increasing Hydrix’s investment value.

TEAMINVEST PRIVATE GROUP LIMITED has announced a fully franked ordinary dividend of AUD 0.015 per share for the six months ending December 31, 2024, payable in March 2025.