Tuesday, February 21, 2012

Australian stock to watch feb 22 2012

Australian stock to watch feb 22 2012 ; Stocks to watch on the Australian stock exchange at close on Wednesday:

AIO - ASCIANO LTD
Ports and rail operator Asciano says it expects higher earnings in the second half of this financial year after lifting profits in all of its divisions.

CCL - COCA-COLA AMATIL LTD
Beverages supplier Coca-Cola Amatil (CCA) says further boosting of its investments in Indonesia and Papua New Guinea will be a high priority in 2012.

CSL - CSL LTD
Blood products and vaccines maker CSL has upgraded its full year profit growth forecast to 13 per cent despite a fall in first half earnings.

CVU - CLEARVIEW WEALTH LTD
Clearview Wealth posts first half results on Wednesday.

KCN - KINGSGATE CONSOLIDATED LTD -
in a trading halt, last traded at $7.75

Kingsgate Consolidated post first half results on Wednesday.

MOC - MORTGAGE CHOICE LTD
Independent mortgage broker Mortgage Choice's first half profit fell by 26 per cent to $6.5 million due to lower than expected revenue from its comparison website and higher costs.

QAN - QANTAS AIRWAYS LTD
Qantas Airways' low-cost offshoot Jetstar Pacific will be majority owned by Vietnam Airways under an ownership change confirmed in Hanoi late on Tuesday.

RIC - RIDLEY CORPORATION LTD
Heavy rainfall has hit the profits of Australia's largest producer of animal feed and naturally evaporated salt

SEK - SEEK LTD
Online jobs website firm SEEK has posted a record first half profit of $60.6 million, thanks to growth in Australian employment and its Chinese and education businesses.

SUL - SUPER RETAIL GROUP LTD
Super Retail Group has shrugged off gloomy retail trading conditions to post a 40 per cent leap in first half profit.

SUN - SUNCORP GROUP LTD
Suncorp Group has increased its interim dividend after overcoming weak economic conditions to post a 74 per cent increase in first half profit.

SWM - SEVEN WEST MEDIA LTD
Seven West Media says its media businesses have continued to gain advertising market share in a difficult economic environment and are well-placed for the next 12 months.

TSE - TRANSFIELD SERVICES LTD
Tranfield Services has more than doubled its first half profit and says it expects its full year profit will be between $130 million and $135 million.

WPL - WOODSIDE PETROLEUM LTD
Woodside Petroleum's full year profit fell by 4.3 per cent due to the cost of delays to its Pluto liquefied natural gas (LNG) project.

WTF - WOTIF.COM HOLDINGS LTD
Online travel bookings company Wotif.com Holdings has posted a record first half profit as it successfully expands into flight bookings as well as accommodation

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