Boom Logistics
Boom Logistics (BOL) is a leading provider of lifting solutions in Australia. The Company provides services to the industrial maintenance, commercial construction and resources sectors. BOL listed on the Australian Stock Exchange on October 14, 2003. At present Boom is the largest crane services provider across Australia, and is among the top 200 listed companies on ASX. Boom accounts approximately 20% of the overall access market. The Company focuses its development through two divisions: lifting solutions and crane sales and services.
Read up on the dividend history for BOOM LOGISTICS LIMITED. Dividends are a payment declared by a company's board of directors and given to its shareholders from the company's current or retained earnings. Dividends are usually released as cash (cash dividend). Dividends provide an incentive to own shares in the company. Companies are not required to pay dividends. You are eligible to receive BOL dividends if you own the BOOM LOGISTICS LIMITED shares on the ex-dividend date.
Perilya (PEM) was the overall best performing stock taking in a 18.9 percent increase in its share price this week. It was a mixture of metal mining, engineering and logistics companies who were among the best performing stocks for the week 8 of 2008 on the Australian stockmarket: Downer EDI (DOW), Oxiana (OXR), CSL (CSL), Perilya (PEM), Boom Logistics (BOL) and Kagara (KZL). These best performing stocks for week 8 of 2008 managed gains above 12 percent by the end of the trading week.
Boom Logistics (BOL) was the overall worst performing stock taking in a 25.5 percent decrease in its share price this week. Among the worst performing stocks for the past trading week (week 7 for 2008) on the Australian sharemarket were a mixture of financial services, electronic, implant devices, constructing and logistics: Challenger FSG (CGF), Cochlear (COH), Leighton (LEI), Boom Logistics (BOL), JB Hi-Fi (JBH). These worst performing stocks for week 7 of 2008 were ranged from 12 percent to 25 percent in their losses.
Orica was the overall winning stock for the week taking in a 11.2 percent increase in its share price. It was a mixture of metal commercial explosives, mining, travel and media companies who were among the best performing stocks for the week 50 of 2007 on the Australian sharemarket: Orica (ORI), Fortescue (FMG), Consolidated Media (CMJ), Flight Centre (FLT). These best performing stocks for week 50 recorded gains above 10 percent by the end of the trading week.
Deutsche Bank has rated the Boom Logistics (BOL) stock as a Buy. In the broker's opinion the company had acquired James Group at a good price which reinforces the key tenet of the Boom Logistic's company business plan.
Boom Logistics Limited is listed on the Australian Stock Exchange (ASX) under stock code BOL. You can view their investor website here. The company was listed on 14 October, 2003 and is involved in the provision of mobile and tower crane hire. Check your charts!
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