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<WIRE> AMA Group (ASX:AMA) Finalizes Negotiations for New Pricing for Capital S.M.A.R.T.

Following negotiations, AMA Group (ASX:AMA) has finalized a new pricing model for Capital S.M.A.R.T.

under its Motor Repair Services Agreement (MRSA) with Suncorp.

The concluded negotiations have set the pathway for a range of operational initiatives by AMA Group through fiscal year 2024.

The new pricing arrangement, which is applicable for all repair bookings from July 1, re-establishes an annual pricing review process with a clear re-pricing mechanism.

AMA Group anticipates a contribution to its EBITDA in the range of A$32 - 36 million from Capital S.M.A.R.T.

on a post-AASB 16 basis in FY24.

Revised FY24 guidance is predicted to be between A$86 and A$96 million normalised, post-AASB 16 EBITDA.

The group’s long-term financial goals remain unchanged.

AMA Group is a leading provider of vehicle accident repair services, operating a number of brands across multiple divisions.



<WIRE> Latitude Group (ASX:LFS) Does Not Declare A Dividend For Six Months

Latitude Group (ASX:LFS) has decided not to declare a dividend for half a year.

As the company continues its efforts to simplify its operations, it anticipates further enhancement of its operating efficiencies.

Latitude Group (ASX:LFS) also reaffirmed its previous forecast of full year cash NPAT between A$15-25 million.

Furthermore, the company is still cooperating actively with regulators reviewing its information handling procedures.

Latitude Group (ASX:LFS) is a financial services company focusing on lending.


<WIRE> Centuria Capital (ASX:CNI) Forecasts FY24 Operating EPS Guidance Ranging from 11.5 to 12.0 AU CPS

Centuria Capital (ASX:CNI) has announced their FY24 operating earnings per share (EPS) guidance is set to fall between 11.5 and 12.0 AU cents per security.

Additionally, group assets under management (AUM) neared A$21 billion at the end of FY23.

Moving forward into FY24, Centuria Capital (ASX:CNI) anticipates a dividend per share (DPS) of 10.0 AU cents per security.

As uncertainties loom in the FY24 market backdrop, the company plans to uphold a disciplined approach towards navigation.

Centuria Capital is a financial services firm offering investment products across various assets.


<WIRE> Inghams (ASX:ING) at a Six-Month High Following Fair Value Improvement by Morningstar

Inghams, the Australia-based poultry company, surged by roughly 6.3% to reach A$3.39, which marks their highest point since February 8th.

This increase came about after fair value evaluation by Morningstar for the poultry producer was upgraded by 6% to reach A$3.70.

Inghams recently experienced a record increase in their shares after a substantial final dividend was declared, thanks to the surge of poultry prices.

The FY23 EBITDA for Inghams, according to Morningstar, was 2% higher than projected, coming in at A$434 million.

The brokerage maintains a positive outlook on the long-term dynamics of the industry, anticipating an upward trend in profitability for the 2024 fiscal year.

Continued margin recovery, a growing population, and a subtle per-capita increase in chicken consumption are all factors expected to benefit Inghams.

Before the close, the company’s stock had already risen 11.5% for this year.

Inghams (ASX:ING) is an Australian poultry producer delivering a diverse range of products.


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<WIRE> Enero Experiences Significant Jump Due to FY24 Predictions

The shares of Australian company, Enero Group (ASX:EGG), experienced a significant increase of as much as 9.3% to A$1.830.

This marks the company’s greatest intraday percentage gain since July 17 and the stock reached its highest point since August 9.

The marketing services provider has expressed confidence in their building momentum projected for FY24.

The company further expressed current expectations that their technology clients will return to a more normalized trading standard in CY24.

However, the stock has depreciated 40.6% this year, as of its last closing.

Enero Group is an Australian marketing services provider.


<WIRE> Jaxsta (ASX:JXT) Escalates 20% on US Streaming Services Contract Accord

Shares of the official music credit platform, Jaxsta (ASX:JXT), ascended by as much as 20% to A$0.064, marking their strongest day since July 25, contingent on the continuation of trends.

The pronounced leap has come on the heels of Jaxsta (ASX:JXT) securing a contract agreement with the Mechanical Licensing Collective for streaming services.

The agreement is designed to distribute comprehensive mechanical licenses for qualified streaming services in the United States.

As a result of the news, there was an uptick in shares exchanged, with 875,104 changing hands—an amount double that of the average volume over the past 30 days.

The stock reached its highest since July 27 and is up by 48.6% for this year, as recorded at last close.

Jaxsta (ASX:JXT) is an official music credit platform.



<WIRE> Noble Helium (ASX:NHL) Slumps on Discounted Share Placement

Noble Helium (ASX:NHL) is facing its worst day since June 5, assuming the losses hold.

The company, which explores for helium, announced it has received firm commitments to raise A$12.0 mln ($7.70 mln) through a share placement.

The issue price of A$0.20 per share signifies a 21.6% discount to the closing price on August 16.

The raised funds will be utilized for the drilling of the company’s second exploration and appraisal well at the North Rukwa Helium Project in Tanzania in the third quarter of 2023.

Meanwhile, Noble Helium (ASX:NHL) shares hit their lowest levels since July 6.

Despite today’s plunge, the stock remains up by approximately 64.5% this year, as recorded at last close.

Noble Helium (ASX:NHL) is a company that specializes in the exploration for helium.