ASX Announcements
April
Green premiums are real, says aluminium boss
Electric vehicle makers are refusing to pay a green premium for low-carbon nickel but Capral says customers are paying an extra 5 per cent for clean aluminium.
- Peter Ker and Lap Phan
May 2021
Supply chain squeeze breathes new life into Australian manufacturing
As the pandemic causes mayhem in global trade, local metalworkers are filling the gaps left by foreign rivals. Now the challenge is to hold on to the business.
- Peter Ker
April 2021
Big Capral shareholder Allan Gray says takeover bid ‘undervalues’ it
Aluminium goods manufacturer Capral’s biggest shareholder Allan Gray has dismissed Allegro Funds’ $7 a share takeover offer as undervaluing the company.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Allegro Funds puts Capral in play with $7 bid
Allegro Funds’ buying spree has turned to ASX-listed aluminium goods manufacturer Capral.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
July 2017
Allan Gray is counting on small caps to deliver, here are three of them
Deep value fund manager Allan Gray says small caps are poised to drive returns for investors over the medium term.
- Updated
- James Frost
September 2013
- Opinion
Citi’s new approach sees broker share reshuffle
Cash equities broker market share will tell an interesting story when it is finalised later this week, with Deutsche Bank and UBS vying to take the top spot from perennial frontrunner Citi.
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
August 2013
Capral seeks to raise $14.1m for OneSteel Aluminium
Capral is seeking to raise $14.1 million from institutional investors to put towards the acquisition of OneSteel Aluminium.
- Updated
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
March 2013
Capral may post first dividend in a decade: Bell Potter
After five years of losses, Capral, Australia’s leading manufacturer of aluminium extrusion products, may have turned a corner.
- Sarah Thompson and Anthony Macdonald
February 2013
Perpetual, Acorn pick up Capral pieces
Perpetual Investments and Acorn Capital have emerged as the buyers of Guinness Peat Group’s stake in Capral.
- Sarah Thompson and Anthony Macdonald
GPG blocks fly but Ridley held safe
Guinness Peat Group’s quick sale of its shares in Capral and AVJennings has turned attention to its $75 million Ridley Corporation investment.
- Sarah Thompson and Anthony Macdonald
Guinness Peat sells out of Capral
Guinness Peat Group has sold its 47 per cent stake in listed manufacturer Capral.
- Updated
- Sarah Thompson and Anthony Macdonald
August 2011
Afternoon resources round-up
Global Mining Investments, Capral, K&S Corporation, OneSteel, Atlas Iron, Monadelphous Group, Senex, Planet Gas, Altura Mining, Golden Rim Resources, Silver Mines, Heritage Gold, Black Mountain Resources.
- Updated
November 2010
Super funds’ nightmare bus trip
A private equity deal structured by Macquarie Group has gone bad, triggering $630 million in losses, including $240 million in write-offs by three industry super funds and an AMP Capital Investors fund.
- Updated
- Tony Boyd
September 2010
Raider Brierley tastes life as prey
Guinness Peat Group is known for its activist approach. Over the years it’s made a name for itself by inching up the share register of numerous companies, attempting to force change and unlock hidden value.
October 2009
June 2009
Briefs
Longwell quits ARN Bob Longwell has quit as chief executive of Australian Radio Network, which is jointly owned by APN News & Media and American media group Clear Channel, and will leave on December 31
- Neil Shoebridge; Michael Vaughan; Paul Garvey; Jo Clarke; Dominic White; Jeffrey Hutton
March 2009
Departing boss could pocket $14.6m
Rio Tinto Alcan chief executive Dick Evans is on track to secure a cash bonus of as much as $US9
- Michael Vaughan
February 2009
Briefs
Margins hurt VDM profit Engineering and construction company VDM warned its interim profit may plunge 73 per cent because of thinner margins and difficult contracts
- Julie-anne Sprague; Tracy Lee; Jo Clarke; Simon Evans; Michael Vaughan;
Capral (CAA)
Low December-quarter sales and asset write-downs have led semi-fabricated aluminium products maker Capral to revise its October 21 earnings guidance downwards
- David Ciampa
November 2008
Now comes the pressure on its debt
The sudden abandonment of BHP Billiton's bid for Rio Tinto will push the former target's debt position even further into the spotlight, intensifying pressure on chief executive Tom Albanese to find a way through the world's frozen credit markets.
- Paul Garvey with Ayesha de Kretser
