Stocks to watch on the Australian stock exchange on Tuesday, September 25
NPX – NUPLEX INDUSTRIES LTD – down 22 cents, or 8.84 per cent, at $2.27
Resins maker Nuplex Industries will close four factories in New Zealand and Australia in the next two years as its trading outlook dims.
NWH – NRW HOLDING LTD – down nine cents, or 3.85 per cent, at $2.25
The good times appear to be over for mining services companies, with NRW Holdings losing about $80 million of work after BHP Billiton cut a port project to follow other projects being put on hold
NUF – NUFARM LTD – down eight cents, or 1.37 per cent, at $5.77
Agricultural chemicals maker Nufarm has returned to full year profitability despite one-off costs from legal action and restructuring.
PMP – PMP LTD – steady at 25 cents
Printer and publisher PMP says for the short-term at least it is unlikely to pay dividends to shareholders as it uses available cash for its restructuring plans and reduce debt.
SUN – SUNCORP GROUP LTD – down 10 cents, or 1.06 per cent, at $9.29
Suncorp boss Patrick Snowball received a 50 per cent pay rise in the 2011/12 financial year to $8.27 million.