ASX Announcements
Application for quotation of securities - CAR
Appendix 2A (Application for Quotation of Securities)
- May 7, 2024
- 7 pages
Application for quotation of securities - CAR
Appendix 2A (Application for Quotation of Securities)
- Apr 18, 2024
- 6 pages
Application for quotation of securities - CAR
Appendix 2A (Application for Quotation of Securities)
- Mar 26, 2024
- 6 pages
February
- Opinion
- Chanticleer
From jousting sticks to selling boats online, eyeballs still rule
Carsales.com.au’s owner made a big bet in the United States. Now it has a new executive whose job it is to make it work.
- Anthony Macdonald
- Opinion
- Chanticleer
Quicker new car sales help dealers fight back against private sellers
Carsales.com’s result had the sort of unexpected nugget of information that made an otherwise very steady result more interesting for investors.
- Anthony Macdonald
November 2023
Market Herald ditches plans to become major publisher, doubles down on classifieds
In his first interview, the company’s chief executive, Tommy Logtenberg, says the business is ‘in a much better state’ after the ousting of former management.
- Sam Buckingham-Jones
August 2023
Why Yarra exited Qantas despite ‘unprecedented’ profits
Portfolio manager Edward Waller thinks the market is being too conservative on Carsales and tells us why he likes FleetPartners.
- Joanne Tran
Carsales climbs on profit bounce, no sign of trading down
Rising interest rates haven’t dampened Carsales’ financial performance, with its shares up 28 per cent so far this year.
- Tess Bennett
July 2023
- Analysis
- Sharemarket
These small caps are hugely attractive (if you’re brave)
There will opportunities for bargain hunters as the economy slows in the next 12 months with many beaten-up small caps trading at 52-week lows.
- Tony Featherstone
These numbers show why it’s so hard to find second-hand EVs
Carsales.com says it will be another couple of years before used battery EVs hit the second-hand market in meaningful numbers.
- Tess Bennett
June 2023
- Exclusive
- BOSS
Why the Carsales CEO doesn’t drive sports cars
The company started by Greg Roebuck in Melbourne’s Oakleigh in 1997 has grown to an $8.7 billion ASX 100 giant as the pandemic has supercharged car sales.
- Patrick Durkin
May 2023
- Opinion
- Chanticleer
Two ‘hated’ stocks these top fundies are buying
David Paradice, Geoff Wilson and Matt Haupt are taking a contrarian view of skittish markets with bets on stocks investors love to hate, including AMP and Dexus.
- James Thomson
April 2023
Tech companies embrace new ways of working after pandemic fatigue
The end of lockdowns ushered in big changes to workplace such as OMC International and Carsales, both of which are finalists in the 2023 AFR BOSS Best Place to Work in the technology sector.
- Tess Bennett
March 2023
- Opinion
- Chanticleer
The imaginary nepotism that drives Carsales global growth
The long-term approach of Carsales and its CEO Cameron McIntyre has delivered big gains for investors. He reveals his secret to staying strategic.
- James Thomson
Goldman, UBS run Carsales.com shortfall
Brokers Goldman Sachs and UBS are seeking buyers for nearly 1 million shares left over from the first leg of Carsales.com’s rights issue.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
Carsales.com eyes Brazil’s 80m cars in $353m buyout
CEO Cameron McIntyre says rising rates don’t put the handbrakes on used car buyers, but they may trade down to lower price brackets.
- Simon Evans
Carsales launches $500m rights issue to up Webmotors stake
Carsales had Goldman Sachs and UBS coraling its register for $500 million via a rights issue to increase its stake in Brazil’s Web Motors.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
February 2023
Carsales mulls another trip down minorities mop-up lane
Carsales.com Ltd’s understood to be mulling the buyout of another of its offshore associates.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
January 2023
Private equity deals and few IPOs: how 2023 looks for tech
Tech stock investors face a year of stiff competition to buy into quality local companies such as WiseTech and Xero as tight capital markets keep the lid on fresh listings.
- Jessica Sier
November 2022
Why Sohn’s top stock pickers want investors to play it safe
AMP, Transurban and Champion Iron unseated Coinbase, Delivery Hero and Megaport as the Sohn Hearts & Minds stock pickers kept it deliberately simple.
- Updated
- Jonathan Shapiro, Jemima Whyte, Alex Gluyas, Emma Rapaport and James Thomson
October 2022
How to bullet-proof your portfolio
A reader asks John Wasiliev whether the shares he owns will survive market volatility.
- John Wasiliev
Japanese banks take Carsales debt for a spin
Japanese lenders Mizuho and SMBC have joined Carsales.com’s now 10-strong bank syndicate.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
September 2022
Pricing power helps these stocks beat inflation
With prices of goods and services skyrocketing, investors are seeking companies that can quickly pass on higher costs to customers.
- Stewart Oldfield
