Ann: Half Year Results - 31 December 2009 , page-3

  1. Zia
    4,183 Posts.
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    Where have all the posters gone? Pretty sad picture of me replying to my own posts lol

    Incidentally, a good article in the Eureka Report on predicted private sector capital spending in the year ahead, Asciano tipped to benefit.

    ASX bell tolls for Intoll CORTLAN BENNETT

    March 6, 2010 .

    TRANSPORT company Asciano Group has made it into the S&P/ASX 50 index after a strong first-half profit and toll road company Intoll Group, formerly Macquarie Infrastructure Group, has been booted out.

    The average market capitalisation of Intoll, which reported a turnaround first-half profit, fell in the three months to February 26 compared with the previous quarterly period.

    This followed its spin-off of certain assets into Macquarie Atlas Roads Group in February.

    ''Intoll Group had a float-adjusted average market capitalisation of $3.2 billion at the December quarterly review,'' S&P Indices Australia head Guy Maguire said.

    ''Their float-adjusted average market capitalisation has fallen to $2.6 billion at the March quarterly review.

    ''This fall in market capitalisation between review periods relative to other eligible stocks has caused their ranking to fall and their subsequent exit from the S&P/ASX 50.''

    Conversely, Asciano's average market capitalisation for the period rose from $4.42 billion to $4.96 billion.

    Newly listed retailer Myer Holdings and drilling services provider Boart Longyear joined the S&P/ASX100 index at the expense of Eldorado Gold and Singapore Telecommunications.

    Boart Longyear was promoted on an average market capitalisation of $1.49 billion over the past three months - up from $445 million.

    It was one of the 10-worst performing stocks in the six months to December 30, 2009.

    Myer also made it into the S&P/ASX 200 along with miners Mineral Resources and Perseus Mining, at the expense of Dominion Mining, Minara Resources and agricultural goods provider Viterra.

    Adventure retailer Kathmandu Holdings made its debut in the S&P/ASX 300.

    http://www.smh.com.au/business/asx-bell-tolls-for-intoll-20100305-pozr.html
 
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