October 2023
- Opinion
- SMSFs
Super to maintain mantle as ‘preferred’ investment vehicle: KPMG
Plans to impose extra tax on super balances over $3 million may not prompt the wholesale revamp of investments that some have suggested, writes Julie Dolan.
- Julie Dolan
September 2017
SMS shareholders vote for ASG takeover
SMS Management and Technology shareholders have almost unanimously voted in favour of the proposed $124 million acquisition by ASG Group.
- Updated
- Yolanda Redrup
June 2017
DWS backs out of race to buy SMS Management and Technology, leaving path clear for ASG
IT services provider DWS has dropped out of the race to buy competitor SMS Management and Technology.
- Updated
- Yolanda Redrup
May 2017
Bidding war emerges for SMS Management and Technology
ASG Group is likely to make a rival bid to acquire IT services provider SMS Management and Technology.
- Updated
- Yolanda Redrup
KPMG approves DWS bid for SMS Management
Two small cap IT services providers are one step closer to creating a $300 million industry player, after independent expert KPMG Corporate Finance came out in favour of the merger.
- Updated
- Sarah Thompson, Anthony Macdonald and Joyce Moullakis
March 2017
Likely new ABC chairman Justin Milne is a Turnbull guy
Justin Milne, an ally of the Prime Minister's, pushed through Telstra's conservative culture to build the biggest internet service in the country.
- Updated
- Aaron Patrick and Max Mason
February 2016
SMS Management and Technology's profit slides 18 per cent
SMS says its profit slide is nothing to worry about following organisation restructure.
- Updated
- Yolanda Redrup
August 2015
SMS Management & Technology reaps cost-cutting benefits with 34pc profit rise
IT services company SMS Management and Technology says it will focus on long-term contracts after booking a 34 per cent profit rise.
- Updated
- Yolanda Redrup
September 2014
Things may be picking up for SMS Management
Despite an earnings-day share price plunge, some analysts believe the tough times are nearly behind SMS Management and it could be a stock to target on the rebound.
- Updated
- Trevor Hoey
August 2014
Results Wrap | Reporting season blog
Live blog | Welcome to the Financial Review reporting season blog. Companies that reported today include: ■ Wesfarmers ■ Brambles ■ Coca-Cola Amatil ■ Woodside Petroleum.
- Updated
Urbanise courts property managers home and away
After spending the past week in Australia courting potential customers and drumming up support for its coming initial public offer, the team from Urbanise kicked off its Asian roadshow in Hong Kong on Monday.
- Updated
- Sally Rose
March 2014
The stocks most likely to miss expected earnings
Credit Suisse has identified eight stocks its analysts now expect to miss consensus expectations for full-year earnings, and one that is likely to pleasantly surprise.
- Updated
- Sally Rose
How to pick small cap gems
Investors in small stocks face a daunting challenge. They can swim downstream with a tiny group of companies enjoying rapid growth or switch to struggling stocks that will benefit as the profit tide turns.
- Updated
- Tony Featherstone
February 2014
SMS uptick not expected until June: analysts
The dearth of major technology projects in the corporate and government sectors is continuing to bite listed IT services companies.
- Updated
- James Hutchinson
Growth left in IT services as spending cuts hurt
Technology analysts are bracing for a subdued reporting season in Australia as corporate and government spending cuts continue to hit IT services firms’ bottom line.
- Updated
- Marianna Papadakis
January 2014
Postponed IT projects affect Data#3 outlook
Technology services provider Data#3 is headed for a third straight year of weak market conditions affecting revenue and earnings as old and new clients hold off on IT projects. Despite last year’s promise shares could return to 2011 highs, Data#3’s price dropped 17 per cent to 85¢ in December.
- Updated
- James Hutchinson
December 2013
SMS Management & Technology (SMX)
CIMB has maintained its “neutral” recommendation on SMS Management and Technology while lowering its target price to $4.18 from $4.80.
- Sineva Toevai
November 2013
- Opinion
- Opinion
Retail sector sees increased short-covering: CBA
The most notable changes in short positions for the week beginning November 4 were in the retail sector, CBA says.
- Updated
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
October 2013
SMS opens coffers for revenue earners
SMS Management and Technology expects its newly acquired Birchman business to generate approximately $32 million in revenues, and its representation across government, enterprise and resources sectors provides highly valued diversified earnings. The Indicium acquisition is important for its recurring revenues.
- Updated
- Trevor Hoey
January 2013
SMS Management and Technology (SMX)
Morningstar has retained its “accumulate” and fair value estimate of $6 per share on SMS Management and Technology despite reducing its forecasts.
- Tim Binsted
