The 7 zombie companies lurking on the ASX 300 - Ally Selby

4 days ago · The 7 zombie companies on the ASX. 1. NexGen Energy . Market cap: $5.55 billion (CAD) Revenues: $0 Zombie status: 5, 7 and 10 years; Number of Red Flags: 6; 12-month …

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The 7 Zombie Companies Lurking On The ASX 300 - Ally Selby

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4 days ago · The 7 zombie companies on the ASX. 1. NexGen Energy . Market cap: $5.55 billion (CAD) Revenues: $0 Zombie status: 5, 7 and 10 years; Number of Red Flags: 6; 12-month …

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Sharp Rise In 'zombie Companies' Over The Last Six Months, KPMG …

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Nov 1, 2023 · New data analysis conducted by KPMG has uncovered a 51% surge in the number of ‘zombie companies’ listed on the ASX in the past half-year. This increase has seen the …

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FAQs about The 7 zombie companies lurking on the ASX 300 - Ally Selby Coupon?

Are 'zombie' companies on the ASX rising?

KPMG’s head of Turnaround and Restructuring Gayle Dickerson discusses the rise in ‘zombie’ companies on the ASX. Zombie companies are those that have shown signs of financial stress for 3 consecutive quarters. “Zombie companies are up about 30 per cent as compared to the last six-month report that we’ve had,” Ms Dickerson said. ...

Do zombie companies underperform on the ASX?

One last thing is worth noting - all of these companies and their share prices may possibly have significant upside. But Plato's research shows that zombie names do tend to underperform on average. While everyone's attention is focused on Mineral Resources and WiseTech, there are other companies on the ASX that are flashing red. ...

Are 'zombie' companies on the brink of collapse?

Add articles to your saved list and come back to them any time. More than 100 companies listed on the Australian stock exchange are on the brink of collapse, a rise of 51 per cent over the past six months alone, with a restructuring expert predicting the rise of “zombie” companies will continue. ...

How many zombie companies are there?

The firm outlined that there were currently 122 zombie companies, which had increased from 94 since May. The total market capitalisation of the increased zombie companies was $3.1 billion, up 9 per cent from $2.9 billion in May this year. ...

Should investors take a note on the ASX 300?

Both were the result of investigations and intense scrutiny. Although there are red flags surrounding both these companies, Plato Investment Management's Dr David Allen suggests these are not the only companies in the ASX 300 that investors should be taking notes on. ...

What is the ASX 300 & ASX 200?

The ASX 300 is a broad based index that represents large-cap, mid-cap and small-cap listed companies on the ASX today. The ASX 300 today: several articles have been recently published covering the ASX 300 stocks, read these latest wires below. ASX 200 dips as energy soars; experts discuss copper, small-cap picks, and AI's impact. ...