Australian Hospitality Stock News

The Australian market recently experienced a downturn, with most sectors showing red, while IT led the gains. Despite challenging conditions, penny stocks continue to intrigue investors due to their potential for growth and affordability. Though often seen as relics of past market eras, these smaller or newer companies can offer unique opportunities when backed by strong financials.

If you have been watching PolyNovo (ASX:PNV), this latest earnings announcement might have caught your eye. The company just reported a big jump in both annual revenue and net income, with revenue hitting A$129.19 million and net income reaching A$13.21 million for the year ended June. That compares to A$104.76 million in revenue and A$5.3 million in net income from the prior year. These numbers suggest things are moving in the right direction, and earnings like this tend to get people alert...

Tasmea (ASX:TEA) just made headlines with a blend of fresh news, reporting strong earnings growth and laying out plans to expand further through acquisitions. In addition, management issued new dividend guidance for the upcoming fiscal year. For investors weighing their next move, this combination of financial results and forward-looking strategies could be a gamechanger, raising questions about whether the momentum is building for a reason. All this comes on the heels of a year that has...

29Metals (ASX:29M) has turned heads after announcing a swing from a net loss to a net profit in its half-year results. Sales have risen and earnings per share have moved into the black. For investors deciding what to do next, this financial turnaround brings new angles to consider. While the improvement is clearly meaningful, it also invites questions about how sustainable these gains might be and whether the market is now rethinking the company's prospects. The strong earnings report has...

Treasury Wine Estates Limited recently announced an update on its on-market buy-back program, confirming the repurchase of 1,197,978 securities prior to September 4, 2025, and an additional 447,000 securities on that day. This buy-back forms part of Treasury Wine Estates’ ongoing efforts to optimize its capital structure, which may signal management’s confidence in the company’s outlook and its commitment to enhancing shareholder value. We’ll explore how management’s accelerated buy-back...

For anyone watching Austal (ASX:ASB), the latest earnings announcement is hard to ignore. The company just reported a leap in both sales and net income for the full year, outpacing last year’s numbers by a wide margin. When a company posts this kind of growth after years of steady expansion, it tends to get investors asking whether there’s more upside ahead, or if the news has made the stock a crowded trade. The market has certainly noticed the news. Austal’s share price has climbed 21% in...

If you are tracking Technology One (ASX:TNE), the recent upgrade from 'sell' to 'hold' by Bell Potter has probably caught your eye. This shift comes with a hint of optimism, as the brokerage cites confidence that Technology One could exceed its fiscal year guidance. Crucially, this upgrade is landing at a tricky juncture for tech stocks generally, given recent sector-wide selling and ongoing market uncertainty, so it is easy to see why investors might be reading the tea leaves...

As the Australian market faces a slight dip at open, influenced by U.S. economic data and anticipated rate cuts, investors are keeping a close eye on potential opportunities. Penny stocks, despite their somewhat outdated name, continue to attract attention for their affordability and growth potential. These smaller or newer companies can offer surprising value when backed by solid financial foundations; in this article, we explore several penny stocks that stand out for their financial...

Readers hoping to buy G8 Education Limited ( ASX:GEM ) for its dividend will need to make their move shortly, as the...

Stanmore Resources Limited ( ASX:SMR ) shares have had a horrible month, losing 25% after a relatively good period...

Catapult Sports Ltd's ( ASX:CAT ) price-to-sales (or "P/S") ratio of 8.8x may look like a poor investment opportunity...

Insiders who bought Southern Palladium Limited ( ASX:SPD ) stock in the last 12 months were richly rewarded last week...

Last week, MLG Oz Limited ( ASX:MLG ) insiders, who had purchased shares in the previous 12 months were rewarded...

Insiders at Astron Corporation Limited ( ASX:ATR ) sold AU$5.6m worth of stock at an average price of AU$0.40 a share...

Over the last 7 days, the Australian market has experienced a slight decline of 1.1%, but it remains up by 11% over the past year with earnings expected to grow by 11% annually. In this context, identifying undervalued stocks that have not yet caught up with broader market gains can offer compelling investment opportunities for those looking to capitalize on potential growth.

Over the last 7 days, the Australian market has dropped 1.1%, although it has risen by 11% over the past year, with earnings forecasted to grow annually by a similar margin. For investors willing to explore beyond well-known names, penny stocks—often smaller or newer companies—can offer intriguing opportunities. While the term might evoke earlier market trends, these stocks still hold relevance today as they can provide value and growth potential when backed by strong financials.

Retail Food Group Limited ( ASX:RFG ) shareholders won't be pleased to see that the share price has had a very rough...

Telstra Group (ASX:TLS) has had a rough month with its share price down 3.2%. It seems that the market might have...

Key Insights Dyno Nobel's estimated fair value is AU$4.32 based on 2 Stage Free Cash Flow to Equity Dyno Nobel is...

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

We wouldn't blame KGL Resources Limited ( ASX:KGL ) shareholders if they were a little worried about the fact that...

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Freelancer Limited ( ASX:FLN ) shares have retraced a considerable 27% in the last month, reversing a fair amount of...

Anyone interested in Ai-Media Technologies Limited ( ASX:AIM ) should probably be aware that a company insider, Deanne...