Boart Longyear

Utah based, Australian listed drilling services company, Boart Longyear (ASX:BLY) have released its full year profit results to sharemarket investors and traders.

• Boart Longyear Net Profit US$68.2 million, down 58 percent.
• Flat revenues of US$2.01 billion, down 0.4 percent.

Gunns (GNS), a fully integrated hardwood forest products company which concentrates on milling, timber processing and merchandising, building and hardware supplies merchandising and building contractors was the worst performer in the ASX200 list for the week. The company had a market capitalisation of $282.4 million and lost 27.8 percent to its stock price and was closed for the week at 35 cents. Its stocks were traded at 49 cents during the last week.

Lihir Gold Limited (LGL), an Australia based company with concentration on gold mining, exploration and processing in the Australasian region was the best performer for this week in ASX100 with a gain of 33.7 percent or $1.02 to its stock price closing the week at $4.04.

ING Office Fund (IOF), a real estate investor with investments in office buildings in Australia, United States and Europe was the worst performer in the ASX100 index for the week losing 19.6 percent or 11 cents in its stock price and was closed for the week at 45 cents. IOF has a market capitalisation of $1228.1 million.

Aquarius Platinum (AQP), a company that is engaged in exploration, development and acquisition of platinum group metals was the best performing stocks in ASX100 index for the 32nd week that saw a rise of 15.4 percent or 77 cents in its stock price closing the week at $5.74.

Cochlear (COH), an Australia based company that is engaged in the production and supply business of implantable hearing solution was the worst performer in the ASX100 index for the week losing 6.6 percent or $3.67 in its stock price and was closed for the week at $51.28.

Goodman Group (GMG) which was previously Macquarie Goodman Group that operates in the business of, ownership, development and management of business and industrial spaces was the best performer in ASX100 adding 48 percent or 12 cents at its stock price. The list of best performing stocks for the week 23 of year 2009 was a mixture of Mining, Exploration and Real Estate companies: Goodman Group (GMG), Boart Longyear (BLY), Mirvac Group (MGR), Minara Resources (MRE).

Elders (ELD), a rural and regional company of Australia that provides financial services and farm inputs for the farmers of Australia and New Zealand was the worst performer for the ASX100 index in the 21st week of 2009 with a loss of 29.1 percent or 12 cents in its stock price closing the week at 28 cents. It was a mixture of Real Estate, Mining and Utility companies in the ASX100 and ASX200 list of worst performers: Elders (ELD), Goodman Group (GMG), Boart Longyear (BLY), Babcock & Brown Infrastructure Group (BBI).