ASX

ENDEAVOUR REPORTS PUBS UP

Posted on April 22nd, 2022 by Clyde Mooney
ASX-listed Endeavour Group has released its latest trading figures, reflecting a certain COVID bounce amid natural disaster challenges. The release covers group sales for the period from 3 January to 3 April, 2022. The Hotels division, aka ALH, exhibited trading

AVC AND HPI’S BIG EOY SHAKE-UP

Posted on December 17th, 2021 by Clyde Mooney
Australian Venue Co and listed partner HPI have announced an end of year portfolio shake-up, cashing in at Acadia Ridge and snapping up the entire ‘Booze Bros’ Saturno portfolio. Hotel Property Investments (ASX:HPI) has agreed to pay $66.1 million in

WHY REDCAPE IS DELISTING: DAN BRADY

Posted on September 13th, 2021 by Clyde Mooney
Ending a turbulent, pandemic-tainted stint on the Australian Stock Exchange, listed pub group Redcape will soon return to private ownership following an overwhelming shareholder vote. Having taken several forms and been in the hands of multiple movers and shakers, Redcape

ENDEAVOUR RELEASES FIRST FINANCIALS

Posted on August 27th, 2021 by Clyde Mooney
Australia’s largest drinks and hospitality business, the recently listed Endeavour Group (ASX:EDV), has announced its first end of financial year results, finding a less than positive reaction. After splitting from parent company Woolworths (ASX:WOW) in June, Endeavour hit the open

REDCAPE FULL YEAR RESULTS AND EXIT FROM ASX

Posted on August 18th, 2021 by Clyde Mooney
Redcape has announced its full-year financial results, along with proposal it delists its dissatisfying shares from the ASX. Today Redcape Hotel Group Management, as the responsible entity of the Redcape Hotel Group (ASX:RDC), announced financial results for year ending 30

ALH CUT LOOSE AS ALE BACKS OFF

Posted on June 21st, 2021 by Clyde Mooney
Australia’s largest publican is set to go it alone, as shareholders approve the demerger of Endeavour and ALE quietly divests more of the coveted ALH freeholds. On Friday 360k Woolworths shareholders overwhelmingly approved the spin-off of Endeavour Group from the

HPI TAKE SIX MORE WITH AVC

Posted on May 26th, 2021 by Clyde Mooney
The acquisitive Hotel Property Investments has secured six more freeholds leased to Australian Venue Co in continued positivity for the market. The ASX-listed Hotel Property Investments (ASX:HPI) revealed it paid $32.7 million for the six hotel properties, all located in

AVC HALTS IPO AND ALH KICKS OFF

Posted on May 10th, 2021 by Clyde Mooney
AVC has announced it has postponed its IPO, as Sydney flares and the Woolworths-backed ALH takes another step on its run to the ASX. Australian Venue Co, majority owned by New York investment bankers KKR, formally announced a halt to