Archive for March, 2011

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  • ASX Company News: Vocus Communications Acquires Perth Data Centre

    Tuesday, March 29th, 2011

    Vocus Communications Ltd (VOC) announced that it has entered into a binding agreement to acquire the Perth data centre operator PerthIX, PerthIX, widely regard as Perth’s premier CBD co-location facility has a strong brand in the Perth market and provides Vocus with a data centre in one of Australia’s fastest growing markets. Vocus has paid an upfront consideration of $6.275m in cash with an additional performance earn out of up to $725,000 should the business exceed FY12 forecasts. The recently upgraded facility of 536 sqm boasts 86 customers with a significant number of those customers being carriers and ISPs. PerthIX is one of the longest established data centres in Perth.

    PerthIX’s General Manager, Adam Gardner, will continue to lead the Perth team who will be integrated into the Vocus technical and operational teams. This transaction will further consolidate Vocus’ position as one of the leading independent wholesale telecommunications and data centre operators in Australia and New Zealand.

    Vocus (VOC) Vocus Communications is an ASX listed leading telecommunications provider of wholesale data centre, voice, peering and international Internet connectivity to telecommunications companies and ISPs across Australia, NZ and the US. The company provides high performance, high availability, and highly scalable communications solutions, which allow service providers to quickly and easily deploy new services for their own customer base.

    www.vocus.com.au

    http://www.traderdealer.com.au/Fundamentals/voc

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    ASX Company News: Australian Agricultural Co Acquires 53,000 Cattle

    Tuesday, March 29th, 2011

    Australian Agricultural Company Limited (AAC) announced it has agreed to purchase approximately 53,000 head of branded cattle from the Tipperary Group (TG), which is owned by interests associated with Mr Allan Myers and family. The total consideration of $26.08 million will be paid in two instalments, the final payment upon completion of the first round Bang Tail Muster. As part of the transaction AAco has also entered into a one year agistment agreement to use the stations owned by TG, Tipperary and Litchfield stations, with options to extend, if necessary. The transaction is expected to settle on or about 31 March 2011 subject to the satisfaction of conditions subsequent.

    The herd to be acquired includes mixed age, high quality, high grade Brahman cattle, with a mix of cows, heifers, steers and bulls, and with calves given in.

    AAco Managing Director/CEO David Farley said the agreement was a compelling commercial opportunity for the Company to continue expanding its herd and northern Australian operations: “This is a substantial cattle purchase for AAco and will allow the Company to take advantage of the good seasonal conditions available, with an expanded total herd of more than 640,000 head before the 2011 calf brandings. “The cattle are located close to Darwin, which is the main shipping point for live cattle exports into South East Asia. A portion of the cattle will also be available to support the planned meat processing facility throughput, which is proposed to be developed within the Darwin region, supporting a key initiative for our global boxed beef business”. able, the price per head is commercially sensible, especially given the current global price of beef, and strengthening national cattle markets, Mr Farley said.

    AAco has also recently formed several other agistment agreements to graze cattle on properties across northern Australia, maximising the immediate return on the Company’s working capital, through weight gain and calf production. Australian Agricultural Company Limited (AAC) – is the largest beef cattle company in Australia.

    www.aaco.com.au

    http://www.traderdealer.com.au/Fundamentals/aac

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    ASX Company News: Alexium International Enters Joint Venture With International Textile Group

    Tuesday, March 29th, 2011

    Leading US Diversified Textile Manufacturer with worldwide operations in Perth, Western Australia, Greer, South Carolina, Alexium International (AJX) announced the signing of a Memorandum of Understanding Agreement with the International Textile Group (ITG).  The Agreement sets out terms for ITG and Alexium to work collaboratively on several product development initiatives and establishes ITG as Alexium’s preferred fabric supplier to satisfy current and future bids in commercial and defense markets. ITG is an industry-leading fabric manufacturer and finisher with worldwide operations, including Burlington Worldwide, Carlisle Finishing, Cone Denim & Decorative Fabrics, Narricot, and Safety Components. ITG and subsidiaries shave operations in United States, Mexico, China, Nicaragua, Vietnam and India. This agreement with ITG will leverage capabilities and resources, and accelerate the adoption rate of RST technology in the textile market.

    Stefan Susta, Executive Director and COO of Alexium International noted, “In addition to being a well-established worldwide supplier of quality fabrics, we view ITG as a strategic partner for developing new product lines that incorporate RST (Reactive Surface Treatment) technology, ultimately leading to a licensing deal.  We see a lot of synergy between the two companies moving forward, and appreciate their interest to develop innovative products with our process.”
    Alexium  International  Group  Limited  (AJX)  holds  proprietary  patent applications for a process developed initially by the US Department of Defense , which allows for  the surface  modification  and  attachment of  nano particles  or multiple  chemical  functional groups to surfaces  or substrates to provide functions such as water proofing, oil proofing, anti-microbial,  non-stick  and  UV  protection.  International Textile Group Inc., majority owned by WL Ross & Co LLC, is a diversified textile manufacturer. It operates in five primary business segments: Automotive Safety,  Apparel  Fabrics,  Government Uniform Fabrics, Interior Furnishings and Commission Finishing. The  company  also  has  a  commercial partnership for  denim fabrics with RSWM Limited,  part  of the  LNJ  Bhilwara Group, based in New Delhi, India.

    www.alexiuminternational.com

    http://www.traderdealer.com.au/Fundamentals/ajx

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    Dividends: Wilson HTM Ex Dividend On 4/4/2011

    Tuesday, March 29th, 2011

    Wilson Htm Investment (WIG) will go ex dividend on 4/4/2011. The current dividend payment is 2 cents and it is 100% franked. The record date is 8/4/2011 and the dividend will be paid on 27/4/2011. Based on the full year payment the dividend yield is 2.5%.

    *Current Yield: 2.5% Franking: 100% DRP Discount: Not Available

    Wilson Htm Invest.

    *Yield has been calculated on the closing price on the 25/3/2011. Current yield is based on the current dividend payment only.

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    Dividends: Warehouse Group Ex Dividend On 4/4/2011

    Tuesday, March 29th, 2011

    Warehouse Group (WHS) will go ex dividend on 4/4/2011. The current dividend payment is 18.2 cents and it is 0% franked. The record date is 8/4/2011 and the dividend will be paid on 20/4/2011. Based on the full year payment the dividend yield is 9.8%.

    *Current Yield: 7.2% Franking: 0% DRP Discount: Not Available

    Warehouse Group

    *Yield has been calculated on the closing price on the 25/3/2011. Current yield is based on the current dividend payment only.

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    Dividends: Tasmania Mines Ex Dividend On 4/4/2011

    Tuesday, March 29th, 2011

    Tasmania Mines Ltd (TMM) will go ex dividend on 4/4/2011. The current dividend payment is 6 cents and it is 100% franked. The record date is 8/4/2011 and the dividend will be paid on 29/4/2011. Based on the full year payment the dividend yield is 3.5%.

    *Current Yield: 3.5% Franking: 100% DRP Discount: Not Available

    Tasmania Mines Ltd

    *Yield has been calculated on the closing price on the 25/3/2011. Current yield is based on the current dividend payment only.

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    Dividends: STW Communications Ex Dividend On 4/4/2011

    Tuesday, March 29th, 2011

    STW Communications (SGN) will go ex dividend on 4/4/2011. The current dividend payment is 4.2 cents and it is 100% franked. The record date is 8/4/2011 and the dividend will be paid on 21/4/2011. Based on the full year payment the dividend yield is 5.3%.

    *Current Yield: 3.4% Franking: 100% DRP Discount: Not Available

    STW Communications

    *Yield has been calculated on the closing price on the 25/3/2011. Current yield is based on the current dividend payment only.

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    Dividends: Scott Corporation Ex Dividend On 4/4/2011

    Tuesday, March 29th, 2011

    Scott Corporation (SCC) will go ex dividend on 4/4/2011. The current dividend payment is 1.5 cents and it is 100% franked. The record date is 8/4/2011 and the dividend will be paid on 29/4/2011. Based on the full year payment the dividend yield is 6.6%.

    *Current Yield: 3.9% Franking: 100% DRP Discount: Not Available

    Scott Corporation.

    *Yield has been calculated on the closing price on the 25/3/2011. Current yield is based on the current dividend payment only.

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    Dividends: Cedar Woods Property Ex Dividend On 4/4/2011

    Tuesday, March 29th, 2011

    Cedar Woods Property (CWP) will go ex dividend on 4/4/2011. The current dividend payment is 11 cents and it is 100% franked. The record date is 8/4/2011 and the dividend will be paid on 29/4/2011. Based on the full year payment the dividend yield is 3.8%.

    *Current Yield: 2.2% Franking: 100% DRP Discount: Not Available

    Cedar Woods Prop.

    *Yield has been calculated on the closing price on the 25/3/2011. Current yield is based on the current dividend payment only.

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    Dividends: Australian Leaders Ex Dividend On 4/4/2011

    Tuesday, March 29th, 2011

    Australian Leaders (ALF) will go ex dividend on 4/4/2011. The current dividend payment is 5 cents and it is 100% franked. The record date is 8/4/2011 and the dividend will be paid on 21/4/2011. Based on the full year payment the dividend yield is 7.0%.

    *Current Yield: 3.9% Franking: 100% DRP Discount: 0%

    Australian Leaders

    *Yield has been calculated on the closing price on the 25/3/2011. Current yield is based on the current dividend payment only.

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