GNC.AX - GrainCorp Limited

ASX - ASX Delayed Price. Currency in AUD
8.00
+0.08 (+1.01%)
At close: 4:10PM AEST
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Previous Close7.92
Open7.90
Bid8.00 x N/A
Ask8.01 x N/A
Day's Range7.81 - 8.01
52 Week Range7.17 - 9.96
Volume704,632
Avg. Volume1,141,113
Market Cap1.828B
Beta (3Y Monthly)-0.00
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.16 (1.78%)
Ex-Dividend Date2018-11-28
1y Target EstN/A
  • Thomson Reuters StreetEvents6 days ago

    Edited Transcript of GNC.AX earnings conference call or presentation 9-May-19 12:00am GMT

    Half Year 2019 Graincorp Ltd Earnings Call

  • Reuters17 days ago

    Suitor quits $1.7 billion bid for Australia's GrainCorp, shares tumble

    Australia's largest-listed grain handler, GrainCorp Ltd, said that suitor Long-Term Asset Partners (LTAP) has withdrawn its A$2.4 billion ($1.7 billion) takeover bid after due diligence, pushing shares to five-month lows. GrainCorp stock dropped 11 percent at the open of trade on Tuesday to hit close to where it stood preceding the bid, before recouping some of those losses to trade at A$8.18. The little-known asset manager had made an offer of A$10.42 per share in December 2018, as drought wilted crops across Australia's east coast and limited GrainCorp's ability to earn revenue from international grain trading.

  • Reuters17 days ago

    Deals of the day-Mergers and acquisitions

    ** Hedge fund Marcato Capital Management said it opposed marijuana company Acreage Holdings Inc's $3.4 billion sale to rival Canopy Growth Corp, arguing Acreage was too hasty in agreeing to a deal at too low a price. ** Banco Bradesco SA has embarked on its first-ever international acquisition by paying approximately $500 million to buy BAC Florida Bank, which focuses on high-net-worth individuals in a move intended to close the gap with Brazilian rivals.

  • Reuters2 months ago

    Takeover target GrainCorp to split business, engaging with suitors

    Australian takeover target GrainCorp Ltd said on Thursday it plans to separate in two, spinning off and listing its global malting unit and restructuring its grain business, whose earnings have been hit by drought. At the same time, GrainCorp said it is still engaging with suitors vying for parts or all of the company, including little known asset manager Long-Term Asset Partners (LTAP), which last year made a A$2.38 billion ($1.69 billion) takeover offer. Shares in Australia's biggest listed bulk grain handler rose as much as 5.3 percent in early trade before closing up 2.1 percent at A$9.50 in a slightly weaker overall market.

  • Benzinga3 months ago

    GrainCorp To Sell Liquid Terminals Business For USD $248 Million

    GrainCorp, which is listed on the Australian Stock Exchange, is an agribusiness and bulk-ports operator. It has agreed to sell its Australian bulk liquid terminals business to independent bulk liquid storage company, ANZ Terminals, for about AUD$350 million (USD$248 million). Eight terminals, with a combined storage capacity of about 211,000 cubic meters, will be sold.

  • Should We Be Cautious About GrainCorp Limited’s (ASX:GNC) ROE Of 3.6%?
    Simply Wall St.4 months ago

    Should We Be Cautious About GrainCorp Limited’s (ASX:GNC) ROE Of 3.6%?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...

  • Thomson Reuters StreetEvents5 months ago

    Edited Transcript of GNC.AX earnings conference call or presentation 14-Nov-18 11:00pm GMT

    Full Year 2018 Graincorp Ltd Earnings Call

  • Reuters6 months ago

    NZ's Trade Me gets second, higher buyout offer for $1.8 billion

    New Zealand's top online marketplace Trade Me Group said it has received a NZ$2.56 billion ($1.8 billion) buyout proposal from a U.S. private-equity firm, trumping a rival offer and setting the stage for a possible bidding war. The offer adds to a flurry of deals made this year in Australia and New Zealand - attractive for private-equity firms given their stable and advanced economies that offer a steady cash flow amid a global financial market rout. California-based Hellman & Friedman offered NZ$6.45 per share for Trade Me, or NZ$0.05 higher than an offer London-based private equity group Apax Partners made last month.

  • Reuters6 months ago

    Little-known asset manager makes $1.8 billion bid for Australia's GrainCorp

    Australia's largest listed bulk grain handler GrainCorp Ltd said on Monday it received an unsolicited A$2.38 billion ($1.8 billion) takeover approach from a little-known asset manager, catapulting its shares nearly a third higher. GrainCorp said privately held Long-Term Asset Partners (LTAP) made an all-cash approach of A$10.42 a share, a near-43 percent premium to the stock's closing price on Friday. Confirming the approach, LTAP said it was an asset manager for a trust whose beneficiaries were Australian investors.

  • Reuters6 months ago

    Morning News Call - India, December 3

    To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_12032018.pdf If you would like to receive this newsletter via email, please register ...

  • Reuters6 months ago

    Australia's GrainCorp mulls A$2.38 billion takeover approach, shares surge

    Australia's largest listed bulk grain handler GrainCorp Ltd (GNC.AX) said on Monday it received an unsolicited A$2.38 billion (£1.3 billion) takeover approach from a little-known asset manager, catapulting its shares nearly a third higher. GrainCorp said privately held Long-Term Asset Partners (LTAP), made an all-cash approach of A$10.42 a share, a near-43 percent premium to the stock's closing price on Friday. Confirming the approach, LTAP said it was an asset manager for a trust whose beneficiaries were Australian investors.

  • Australia's GrainCorp says it has received A$2.38 billion takeover approach
    Reuters6 months ago

    Australia's GrainCorp says it has received A$2.38 billion takeover approach

    Australia's largest listed bulk grain handler GrainCorp Ltd (GNC.AX) said on Monday it has received a A$2.38 billion (£1.3 billion) takeover proposal from a little-known company called Long-Term Asset Partners Pty (LTAP). GrainCorp said LTAP made a cash approach of A$10.42 a share, a near 43 percent premium to GrainCorp's closing price on Friday. GrainCorp said it would consider the proposal but needed to know more information about the financial backers of LTAP and its plans for the Australian bulk grain handler.

  • Simply Wall St.7 months ago

    GrainCorp Limited (ASX:GNC): Earnings Expected To Remain Subdued

    After GrainCorp Limited’s (ASX:GNC) recent earnings announcement in March 2018, analyst consensus outlook appear bearish, with profits predicted to drop by -18% next year. Though this outlook is not unsubstantiated Read More...

  • What Does GrainCorp Limited’s (ASX:GNC) PE Ratio Tell You?
    Simply Wall St.8 months ago

    What Does GrainCorp Limited’s (ASX:GNC) PE Ratio Tell You?

    This article is intended for those of you who are at the beginning of your investing journey and want to begin learning about how to value company based on itsRead More...

  • Does GrainCorp Limited’s (ASX:GNC) CEO Salary Reflect Performance?
    Simply Wall St.9 months ago

    Does GrainCorp Limited’s (ASX:GNC) CEO Salary Reflect Performance?

    Leading GrainCorp Limited (ASX:GNC) as the CEO, Mark Palmquist took the company to a valuation of AU$1.66b. Understanding how CEOs are incentivised to run and grow their company is anRead More...

  • GrainCorp Limited (ASX:GNC): Time For A Financial Health Check
    Simply Wall St.11 months ago

    GrainCorp Limited (ASX:GNC): Time For A Financial Health Check

    Investors are always looking for growth in small-cap stocks like GrainCorp Limited (ASX:GNC), with a market cap of AU$1.90b. However, an important fact which most ignore is: how financially healthyRead More...