Latest news with #KaroonEnergy
AU Financial Review
21-05-2025
- Business
- AU Financial Review
ASX to open down; Wall St falls amid trade uncertainty
Australian shares are poised to open down, mirroring US markets after some of the country's biggest retailers gave mixed profits forecasts in the wake of Donald Trump's trade uncertainty. Target slumped 5.8% after the retailer reported weaker profit and revenue than analysts expected for the start of the year. The company said it felt some pain from boycotts by customers. It had scaled back many diversity, equity and inclusion initiatives early this year following criticism by the White House and conservative activists, which drew its own backlash. Perhaps more worryingly for Wall Street, Target also cut its forecast for profit over the full year. In the bond market, the yield on the 10-year Treasury rose to 4.54% from 4.48% and from just 4.01% early last month. Market highlights ASX futures are pointing down 68 points or -0.8 per cent to 8340 All US prices are as of 2.30pm New York time. Today's agenda Karoon Energy holds its AGM. New Zealand's Finance Minister Nicola Wills delivers the NZ budget. Reserve Bank of Australia deputy governor Andrew Hauser is set to make a speech. Overseas data includes US unemployment claims and flash PMI. Top stories Qld asks Chalmers to rethink GST so it doesn't pay for Vic mistakes | State Treasurer David Janetzki says the boost to Victoria's share due to its COVID-19 failings was unfair. Airwallex value grows to $9.6b after new funding round | The global payments group has raised $467 million from investors, who include all three of the country's major venture capital firms. Superannuation tax hike on me is 'fair': industry super godfather | One of the founders of industry super, Garry Weaven, has backed the plan to impose extra tax on $3 million-plus super balances, even though he'll be affected. 'Tis the season for strategy days. But don't be fooled, they're not all created equally.
Yahoo
14-05-2025
- Business
- Yahoo
Favourable Signals For Karoon Energy: Numerous Insiders Acquired Stock
It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Karoon Energy Ltd's (ASX:KAR) case, it's fantastic news for shareholders. Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. We've discovered 2 warning signs about Karoon Energy. View them for free. Over the last year, we can see that the biggest insider purchase was by MD, CEO & Director Julian Fowles for AU$270k worth of shares, at about AU$1.80 per share. That means that even when the share price was higher than AU$1.68 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. While Karoon Energy insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction! Check out our latest analysis for Karoon Energy Karoon Energy is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. From our data, it seems that Karoon Energy insiders own 0.6% of the company, worth about AU$7.8m. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing! It doesn't really mean much that no insider has traded Karoon Energy shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if Karoon Energy insiders bought more shares in the company. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For instance, we've identified 2 warning signs for Karoon Energy (1 shouldn't be ignored) you should be aware of. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Sky News AU
05-05-2025
- Business
- Sky News AU
Major ASX 200 winning streak broken, falls 0.3 per cent despite major indexes on Wall Street surging on Friday
The ASX has broken its seven-day winning streak and edged lower on Monday despite a surge on Wall Street as hopes build that the US and China are closer to a tariffs deal. Aussie stocks fell 0.2 per cent to break its streak where it has risen more than five per cent over the past seven trading days to totally recover losses it incurred since Donald Trump's 'Liberation Day' announcements rocked global markets. Mortgage insurance provider Helia slumped 5.4 per cent since the market opened on Monday while Capstone Copper fell 4.8 per cent and Karoon Energy sank 3.1 per cent. Wall Street rallied on Friday after the monthly US payroll report revealed 177,000 jobs were added in April to exceed expectations and easing concerns Trump's tariffs are hurting growth. US investors were also encouraged by reports Beijing is 'evaluating' an offer from the US to negotiate on trade after Trump talked up discussions between the major superpowers. 'The US has recently taken the initiative on many occasions to convey information to China through relevant parties, saying it hopes to talk with China,' China's commerce ministry said on Friday. Meanwhile, Trump took to Truth Social on Monday (local time) to announce 100 per cent tariffs on any films produced in countries outside the United States. 'The Movie Industry in America is DYING a very fast death,' the US President wrote. 'Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas within the U.S.A., are being devastated.' The Nasdaq and the S&P 500 rose 1.5 per cent on Friday, while the Dow Jones rose 1.4 per cent and the NYSE was up 1.8 per cent. In Europe, London's FTSE 100 jumped 1.2 per cent, the EURO STOXX 50 index rose 2.4 per cent and Germany's DAX was up 2.6 per cent on Friday. New Zealand's NZX 50 Index has duped its trans-Tasman counterpart to rise 0.2 per cent on Monday.
Yahoo
30-03-2025
- Business
- Yahoo
Those who invested in Karoon Energy (ASX:KAR) five years ago are up 245%
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on a lighter note, a good company can see its share price rise well over 100%. For instance, the price of Karoon Energy Ltd (ASX:KAR) stock is up an impressive 222% over the last five years. Also pleasing for shareholders was the 28% gain in the last three months. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the last half decade, Karoon Energy became profitable. Sometimes, the start of profitability is a major inflection point that can signal fast earnings growth to come, which in turn justifies very strong share price gains. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). We consider it positive that insiders have made significant purchases in the last year. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. It might be well worthwhile taking a look at our free report on Karoon Energy's earnings, revenue and cash flow. It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Karoon Energy the TSR over the last 5 years was 245%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence! While the broader market gained around 3.4% in the last year, Karoon Energy shareholders lost 19% (even including dividends). However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 28%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Karoon Energy you should know about. Karoon Energy is not the only stock that insiders are buying. For those who like to find lesser know companies this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
