Namoi Cotton Limited, together with its subsidiaries, engages in the ginning and supply chain and marketing of cotton in Australia, China, Japan, South Korea, and Thailand. It operates a network of cotton gins in New South Wales and southern Queensland. The company is also involved in the purchase and sale of lint cotton from growers. In addition, it provides warehousing and logistics services; cottonseeds and moss/mote; and cotton classing services. The company was formerly known as Namoi Cotton Co-operative Ltd and changed its name to Namoi Cotton Limited in October 2017. Namoi Cotton Limited was founded in 1962 and is headquartered in Toowoomba, Australia.
The market has already priced in a 25bps rate cut from the Fed next week like it’s a done deal. So this week, we’re zooming in on what’s really been going on in the bond market, and what it all means for dividend investors who want to maintain yield.
Over the last 7 days, the market has remained flat, although notably the Energy sector declined by 3.8%. More promisingly, the market is up 9.5% over the past year. As for the next few years, earnings are expected to grow by 11% per annum. Market details ›