PPX

PaperlinX (PPX)

Tue, 22/07/2008 - 02:54

Stock Code

PPX

Stock Exchange

Australian Securities Exchange

PaperlinX Limited (PPX) a company engaged in communication paper manufacturing and packaging. PPX was listed on the Australian Stock Exchange on the 17th of April 2000. Its average annual revenue reaches approximately $7.8 billion out of its issued capital of approximately $1.6 billion. Its headquarters is located in Mount Waverley, Australia and to date; around 10,000 people are employed in the company.

Paperlinx Exits from Tasmania


The Australia based communication paper manufacturing and packaging company Paperlinx (PPX) will turn into a pure merchant of paper products after taking the decision to shut down its Tasmanian manufacturing operations. After a 10 month long review, the company decided to shut down the Wesley Vale operation and some part of the Burnie operation. Instead of going for the complete closure of the Burnie operation, the company will look for a sale for the remaining parts of it.

Winner of the Week 39


Gunns (GNS), a fully integrated hardwood forest products company which is involved in milling, timber processing and merchandising, building and hardware supplies merchandising and building contractors with a market capitalisation of $1020.5 million was the best performer of the 39th week in the Australian Stock Exchange with a gain of 15.7 percent closing the week at $1.33. Gunns shares were closed at $1.15 in the prior week.

Murchison Metals (MMX) Worst Performer of Week 25, 2009


Murchison Metals (MMX) - one of the leading iron ore exploration companies in Australia was the worst performing stock in ASX 200 on week 25. The company lost 23.4 percent or 51 cents on the share market. Some other worst performing stocks of this list were Gloucester Coal (GCL), Kagara Zinc (KZL), Paper Linx (PPX), ING Industrial Fund (IIF) and Paladin Energy (PDN).

Downer EDI: Worst Performer for Week 44 of 2007


Downer EDI (DOW) was the overall worst performing stock taking in a 13.5 percent decrease. Among the worst performing stocks for the past trading week (week 44 for 2008) on the Australian sharemarket were a mixture of oil, mining and paper: Downer EDI (DOW), Zinifex (ZFX), PaperlinX (PPX), Roc Oil (ROC). Mining companies dominated the worst performing stock lists of both the ASX 100 and ASX 200 indices. These worst performing stocks for week 44 were ranged from 10.5 percent to 13.5 percent in their loss.

Iluka Resources (ILU): Loser of th Week


Iluka Resources (ILU) was the overall worst performing stock taking in a 10.24 percent decrease. Among the worst performing stocks for the week 39 of 2007 on the Australian sharemarket were a mixture of forestry, paper manufacturing, refining, mining and crop production: Futuris Corporation (FCL), PaperlinX (PPX), Caltex Australia (CTX), Iluka (ILU), Nufarm (NUF). These worst performing stocks for the week 39 recorded losses between 4.03 to 10.24 percent by the end of the trading week.

Private Equity Firms: What Might They Pay?


Following the recent spate of attempts by private equity (PE) firms to take over listed entities, Macquarie Research Equities (MRE) have investigated which top 100 stocks have the balance sheet capacity to be re-geared, and what a PE firm could pay as a full price. The aim of this analysis was to gauge what would be the full takeover valuation price a PE firm could pay. This is given the current willingness to re-gear balance sheets and the extremely low risk premium being applied by PE investors to equities and debt at present.

Syndicate content

E*Trade - $550 FREE Brokerage!