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Taking out the trash

Cleanaway Waste Management (ASX: CWY) has made a formal bid for French Suez Groupe’s (EPA: SEV) Australian recycling assets. The bid for these assets is worth $2.5 billion and was initially cheered by the market, with Cleanaway shares closing up 11% on the day of the announcement. However, there are a few hurdles the company…
Ishan Dan | 8th Apr 2021 | More
Cleanaway Waste is the latest category killer

Cleanaway (ASX:CWY) is Australia’s largest garbage disposal company, providing waste, recycling, industrial and liquids services with a network of state-of-the-art facilities, transfer stations, engineered landfills, liquid treatment plants and refineries. Given what it does, it’s no surprise that Cleanaway is one of the rare companies that came out of the pandemic relatively unscathed. Pre-COVID, CWY…
Ishan Dan | 3rd Mar 2021 | More
ASX update; COVID-19 impacting Macquarie Group

Vaccine trial restart boosts markets, ASX strength to continue, COVID-19 impacting Macquarie Group A positive lead from Wall Street and news that AstraZeneca plc (NYSE:AZN) had resumed their vaccine trial sent the ASX 200 (ASX:XJO) 0.7% higher on Monday. Positive news on the vaccine front support the energy and industrial sectors amid hope of a…
Drew Meredith | 14th Sep 2020 | More
    • Financial Planner’s market update – Dividend season pushes markets lower

    The ASX 200 (ASX:XJO) fell 0.7% for the day pushed lower by dividend payouts from Telstra Corporation Ltd (ASX:TLS) and AGL Energy Ltd (ASX:AGL) among others.
    Drew Meredith | 27th Aug 2020 | More