HDF
Stock Code
Stock Exchange
Hastings Diversified Utilities Fund (HDF) is a diversified utility fund, with a market capitalisation of $488,122,836. The Fund invests in a portfolio of gas transmission and water utilities infrastructures assets across Australia and worldwide. The fund listed on the Australian Stock Exchange (ASX) on 13th of December, 2004. HDF focuses its development activities through three business segments: Gas pipeline owner and operator, Water utility owner and operator and Other.
Transfield Services (TSE), a company that provides services in sectors like maintenance, operations, assets and project management was the worst performer in the ASX100 index losing 13.4 percent or 36 cents in its stock price and was closed for the week at $2.31.
Corporate Express (CXP) was the overall best performing shares taking in a 15.2 percent increase. Among the best performing companies for the past week (week 12 of 2008) on the Australian sharemarket were a mixture of financial service, business services and property investment: St George (SGB), AMP (AMP), QBE Insurance (QBE), Corporate Express (CXP), Abacus Properties (ABP). All the above best performing stocks for week12 managed more than 10 percent. Four of six best performing stock being financial institutions were the highlight of the trading week.
SB Citigroup have rated the Hastings Diversified Utilities Fund (HDF) stock as a Hold, High Risk with a share price target higher at $2.85 (from $2.80). Meanwhile UBS has a Neutral 2 recommendation with a share price target of $2.85. The result was solid in the stockbroker's eyes, however the trading price of the stock at around $2.85 is close to its target which determined their stock recommendation.
Search
Must Read Articles
- Australian Electronics Retailer Companies
- Australian Fashion Companies
- 8 Steps to Scalp the Forex Market
- Australian Media Companies
- Australian Television Companies
- Australian Newspaper Companies
- Australian Publishing Companies
- Australian Internet Companies
- Australian Radio Companies
- Australian Telecommunications Companies
- Australian Automobile Industry Companies
- Australian Capital Goods Companies
- Australian Commercial Services Companies
- Australian Consumer Durables Companies
- Australian Consumer Services Companies
- Australian Online Share Trading
- List of Trading Books
- Interesting Thoughts about the Australian Dollar
- What's the Meaning of Hawkish?
- Do You Know How To Use the P/E Ratio
- Trading, Religion and Politics - Do They Have Anything in Common?
- Shares that are Volatile that Double and Half in the Short Term
- Telstra (TLS) T3
- Margin Call by E-mail
- The Cost of Holding a Position
- Lack of Disclosure: Compensation from ASX Listed Company
- Unrealistic Returns and Benchmarks
- CMC Markets Down
- Quality versus Quantity Forex Trading
- Trading Risk and Leverage Case Study
- Oroton Profitable
Date added 11-03-2010 - Myer Sales Warning
Date added 11-03-2010 - Orica's Tax Bill
Date added 10-03-2010 - Qantas Yields Turnaround
Date added 10-03-2010 - Qantas Troubles
Date added 09-03-2010 - Top 3 Winners of the ASX for This Week
Date added 09-03-2010 - Top 3 Losers of the ASX for This Week
Date added 09-03-2010 - Arrow Energy Takeover Bid
Date added 08-03-2010 - Australian Gold Mines 2010
Date added 07-03-2010 - Dai-Ichi Mutual Life Insurance APRA Approval
Date added 04-03-2010 - Coking Coal Prices Jump
Date added 03-03-2010 - Tatts Group Buys NSW Lotteries
Date added 01-03-2010 - Top 3 Winning Stocks of the Week
Date added 27-02-2010 - Top 3 Losing Stocks of This Week
Date added 27-02-2010 - Top 3 Best Performers on the ASX This Week
Date added 26-02-2010
Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Maquarie Group (MQG)
- Foster’s Group Limited (FGL)
