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    BUB   AU000000BUB7

BUBS AUSTRALIA LIMITED

(BUB)
  Report
Delayed Australian Stock Exchange  -  12:10 2022-12-09 am EST
0.3100 AUD   +3.33%
11/27Transcript : Bubs Australia Limited - Shareholder/Analyst Call
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10/02Bubs Australia Files Letter of Intent for Permanent Supply of Dairy Products in US Market
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10/02Australian shares reverse early gains on recession fears
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Australian shares reverse early gains on recession fears

10/02/2022 | 09:52pm EST

Oct 3 (Reuters) - Australian shares reversed early gains on Monday, as investors fretted that aggressive interest rate hikes to bring down red-hot inflation would tip the global economy into recession.

The S&P/ASX 200 index fell 0.87% to 6,417.6 by 0056 GMT, after opening 0.5% higher on strong commodity prices. The benchmark closed 1.2% lower on Friday, wrapping up its worst month since June.

Interest rate-sensitive technology stocks fell 2.2%, with software firm Novonix tumbling 4.8% and Megaport skidding 4.6%.

Financials dropped nearly 1%, with three of the "Big Four" banks shedding more than 1% each.

Energy was the only sector trading in positive territory with a 0.2% gain, as oil prices jumped on OPEC+ considering cutting output of up to 1 million barrels per day at a meeting this week to support the market.

Sector heavyweights Woodside Energy and Santos climbed 2.6% and 3%, respectively.

Global miner Rio Tinto was down 0.1% after calling for the resignation of Peter Mansell, the chairman of Energy Resources Of Australia, to address the material cost and schedule overruns of the critical Ranger uranium mine.

ASX-listed shares of Janus Henderson declined 3.8% after the London-based asset manager announced changes to its board, including the retirement of chairman Richard Gillingwater.

Meanwhile, baby formula maker Bubs Australia rose nearly 3% on seeking permanent access to the U.S. market after the Food and Drug Administration (FDA) spelled out how companies that have been filling a temporary shortage can become long-term suppliers.

Across the Tasman Sea, New Zealand's benchmark S&P/NZX 50 index fell 0.95% to 10,960.5. (Reporting by Riya Sharma in Bengaluru; Editing by Subhranshu Sahu)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BRENT OIL 0.24% 76.63 Delayed Quote.-1.85%
BUBS AUSTRALIA LIMITED 3.33% 0.31 Delayed Quote.-34.74%
ENERGY RESOURCES OF AUSTRALIA LTD 0.00% 0.225 Delayed Quote.-33.82%
JANUS HENDERSON GROUP PLC -1.38% 24.96 Delayed Quote.-39.65%
MEGAPORT LIMITED 4.03% 6.46 Delayed Quote.-66.54%
NOVONIX LIMITED -4.53% 1.79 Delayed Quote.-79.60%
RIO TINTO PLC 0.95% 5835 Delayed Quote.19.28%
S&P/ASX 200 0.53% 7213.2 Real-time Quote.-3.61%
SANTOS LIMITED -0.42% 7.06 Delayed Quote.12.36%
WOODSIDE ENERGY GROUP LTD -0.78% 34.18 Delayed Quote.57.09%
WTI -0.79% 71.473 Delayed Quote.-3.72%
All news about BUBS AUSTRALIA LIMITED
11/27Transcript : Bubs Australia Limited - Shareholder/Analyst Call
CI
10/02Bubs Australia Files Letter of Intent for Permanent Supply of Dairy Products in US Mark..
MT
10/02Australian shares reverse early gains on recession fears
RE
10/02Bubs Australia Lodges Letter of Intent with FDA for Permanent Market Access in USA to O..
CI
08/29Energy stocks lift Australia shares on oil strength; Woodside Energy jumps
RE
08/29Transcript : Bubs Australia Limited, 2022 Earnings Call, Aug 30, 2022
CI
08/29Bubs Australia Limited Reports Earnings Results for the Full Year Ended June 30, 2022
CI
08/09A2 Milk's hopes to sell baby food in U.S. curdled, shares plunge
RE
08/03Alpha Pro, Bubs Australia Form JV to Sell Infant Nutrition Products in Greater China
MT
08/02A2 Milk jumps before halt on FDA nod news, denies report
RE
More news
Financials
Sales 2023 111 M 75,4 M 75,4 M
Net income 2023 -3,02 M -2,06 M -2,06 M
Net cash 2023 3,50 M 2,38 M 2,38 M
P/E ratio 2023 -177x
Yield 2023 -
Capitalization 230 M 157 M 157 M
EV / Sales 2023 2,05x
EV / Sales 2024 1,71x
Nbr of Employees -
Free-Float 96,8%
Chart BUBS AUSTRALIA LIMITED
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Bubs Australia Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BUBS AUSTRALIA LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Last Close Price 0,31 AUD
Average target price 0,41 AUD
Spread / Average Target 33,4%
EPS Revisions
Managers and Directors
Kristy-Lee Newland Carr Chief Executive Officer & Executive Director
Iris Ren Chief Financial Officer
Dennis Lin Executive Chairman
Richard Paine Chief Operating Officer
Katrina Rathie Independent Non-Executive Director