MGR

Mirvac Group (MGR)

Stock Code

MGR

Stock Exchange

Australian Securities Exchange

Mirvac Group (MGR) is a company engaged in the real estate development of both non-residential and residential projects and management of real estate funds. MGR was listed on the Australian Stock Exchange on the 16th of June 1999. Its average annual revenue reaches approximately $2 billion out of its issued capital of approximately $1.8 billion. Its headquarters is located in North Sydney, Australia and to date; around 5,500 people are employed in the company. Mirvac Group operates mainly in four business segments: property development, property investment, fund management and hotel.

2012's First Week of the Best and Worst Traded Stocks


The holidays are over and companies are back in business to face the new year for the rollercoaster ride of share prices. The lists below are a record of the best and worst traded stocks in the ASX100, ASX200 and All Ordinaries in the Australian Securities Exchange in the first week of 2012, January 2-6, 2012.

Best Performing Trade Stocks ASX100 (XTO)

ASX100

2011's Last Best and Worst Traded Stocks


As the year 2011 closed, share prices continued to fluctuate as companies and investors continue to trade stocks. This is a record of the best and worst traded stocks in the indices ASX100, ASX200 and All Ordinaries in the Australian Securities Exchange in the last week of 2011, December 26 to 30, 2011.

Best Performing Trade Stocks ASX100 (XTO)

ASX100

AGM's for Thursday


There are no floats scheduled but there are two upcoming ex-dividend and several Annual General Meetings listed in the stock market events tomorrow, November 17, 2011.

Ex-Dividends

Shareholder Benefits Schemes


Some Australian publicly listed companies provide incentives for their shareholders in the form of a shareholder benefits scheme or shareholder benefits package or shareholder discount schemes. Here is a list of benefits you may be entitled to when you purchase a share of a public company.

Shareholder Benefits List

12-14% Earnings on Track for Mirvac


Real estate developer Mirvac Group (ASX:MGR) said it was on track to hit between 12 to 14 percent earnings growth for 2011-2012. The company is positive on earnings forecasts after sales broke records for a weekend.

In Tuesday's third quarter operational announcement, Mirvac stated that a net profit and earnings per security (EPS) guidance between 10.4 and 10.6 cents per stapled security was expected for the year to end of June.

Real Estate Investment Trusts (REITs) Potential Takeover Targets


There may be a new round of merger and acquisition corporate activity surrounding the Real Estate Investment Trusts or REITs sector. There has been a recovery of the commercial property market in Australia that may spur the increased M&A activity.

Mirvac MGR Secures Finance


Australian property developer, Mirvac Group (ASX:MGR) has secured a new debt facility and refinances its debt. Two portions of debt has been refinanced, due to mature in June and next January into a new $1.85 billion facility. The new multicurrency facility, made up of maturities of one to five years, extends Mirvac's weighted average debt maturity from 2.5 years to 3.6 years.

Mergers and Acquisitions to Increase for REITs


A report (second annual REIT Monitor report) released by corporate advisory firm PKF Chartered Accountants and Business Advisers have said that Mergers & Acquisitions (M&A) will dominate the Real Estate Investment Trust (REIT) sector in the coming year.

ASX 100 Shares Which Overperformed


Shares which overperformed on the ASX 100. These stocks increased their share price by the biggest percentage on the Australian stockmarket, the Australian Securities Exchange (ASX) from the last week of trading (46th week of 2010: 15th November to 19th November). Other lists of Aussie companies by market capitalisation. Stocks include: LLC, AXA, WOR, TEN, PRY, SHL, CTX, DJS, BXB, PPT, MGR, LEI, BOQ, COH, RIV.

Syndicate content