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Steve Daglian

๐Ÿ‘ค Speaker
115 total appearances

Appearances Over Time

Podcast Appearances

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

And it has been the best improver over the entire session, basically.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

This is a New Zealand-based company that sells things like humidifiers, oxygen masks, sleep apnea treatments as well, and it delivered growth in both revenue and profits.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

And across all of the regions that operate

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

it's in.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

So as I said, it's a New Zealand-based company, but it actually makes most of its revenue in North America and then Europe, and then followed by Asia Pacific.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

So truly a global business.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

Yeah, ouch.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

And this is the share market operator.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

Of course, it's been through a lot recently.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

An interim CEO announced in April a board renewal in March and it fell when it handed down its results in February.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

Another underperformer today is Elders.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

It's down about 5.4%.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

There is a reason for the decline though.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

The agribusiness is trading ex-dividends.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

So this is for

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

its $0.18 per share dividend, which is payable on the 25th of June.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

It's in its fifth straight year of decline on the ASX as well.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

And last week, it did slump by 23% in one day when it handed down its half-year results.

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

And this was because the results were not only a bit below what the market was anticipating, but it also warned of higher cost, not only higher diesel prices, but also

CommSec Market Update
PM 26 May 26: ASX snaps winning streak

more expensive fertiliser due to the conflict in the Middle East, which, as we pointed out before, is an important part of the world when it comes to fertiliser transportation.