Latest news with #GregMiles
Yahoo
25-06-2025
- Business
- Yahoo
Here's Why SHAPE Australia (ASX:SHA) Has Caught The Eye Of Investors
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in SHAPE Australia (ASX:SHA). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. So it makes sense that experienced investors pay close attention to company EPS when undertaking investment research. SHAPE Australia managed to grow EPS by 14% per year, over three years. That's a good rate of growth, if it can be sustained. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. While we note SHAPE Australia achieved similar EBIT margins to last year, revenue grew by a solid 7.3% to AU$903m. That's encouraging news for the company! You can take a look at the company's revenue and earnings growth trend, in the chart below. To see the actual numbers, click on the chart. Check out our latest analysis for SHAPE Australia While we live in the present moment, there's little doubt that the future matters most in the investment decision process. So why not check this interactive chart depicting future EPS estimates, for SHAPE Australia? Insider interest in a company always sparks a bit of intrigue and many investors are on the lookout for companies where insiders are putting their money where their mouth is. Because often, the purchase of stock is a sign that the buyer views it as undervalued. However, insiders are sometimes wrong, and we don't know the exact thinking behind their acquisitions. We note that SHAPE Australia insiders spent AU$231k on stock, over the last year; in contrast, we didn't see any selling. That's nice to see, because it suggests insiders are optimistic. It is also worth noting that it was Chairman of the Board Greg Miles who made the biggest single purchase, worth AU$81k, paying AU$2.70 per share. And the insider buying isn't the only sign of alignment between shareholders and the board, since SHAPE Australia insiders own more than a third of the company. Owning 45% of the company, insiders have plenty riding on the performance of the the share price. Shareholders and speculators should be reassured by this kind of alignment, as it suggests the business will be run for the benefit of shareholders. With that sort of holding, insiders have about AU$155m riding on the stock, at current prices. That's nothing to sneeze at! One important encouraging feature of SHAPE Australia is that it is growing profits. Better yet, insiders are significant shareholders, and have been buying more shares. That should do plenty in prompting budding investors to undertake a bit more research - or even adding the company to their watchlists. It is worth noting though that we have found 1 warning sign for SHAPE Australia that you need to take into consideration. The good news is that SHAPE Australia is not the only stock with insider buying. Here's a list of small cap, undervalued companies in AU with insider buying in the last three months! Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
13-06-2025
- Business
- Yahoo
Uinta Basin Railway group looks to fund project with $2.4 billion in federal bonds
Anglers fish on the Colorado River near an idle Union Pacific freight train in western Grand County on June 12, 2023. (Chase Woodruff/Colorado Newsline) The group pushing for a rail line in eastern Utah that would allow the state to ramp up oil production is hoping to fund the project through $2.4 billion in U.S. Department of Transportation bonds. The Seven County Infrastructure Coalition for years has been lobbying for the 88-mile Uinta Basin Railway, which would connect the oil-rich region of northeastern Utah to national rail lines, facilitating the export of waxy crude oil to refineries on the Gulf Coast. To pay for the railway, the coalition — which consists of representatives from Dagget, Carbon, Duchesne, Emery, San Juan, Servier and Uintah counties — approved a resolution last month announcing its intent to seek $2.4 billion in private activity bonds from the U.S. Department of Transportation. That's a $500 million increase from 2023, when the coalition passed a similar resolution seeking $1.9 billion in federal bonds. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX The railway extension could allow for the transport of an estimated 350,000 barrels of oil each day, massively increasing the state's oil production. The refineries in Salt Lake City, for instance, currently have a market capacity of 85,000 barrels per day. But connecting the Uinta Basin to national rail lines means increased oil exports through Colorado, which has proved to be a major sticking point. In 2022, environmental groups and Colorado's Eagle County sued the coalition, arguing that the federal Surface Transportation Board — the agency tasked with the environmental review — fell short in its analysis, failing to consider the risks of the railroad expansion. The project cleared a major roadblock in May after the U.S. Supreme Court overturned a prior court ruling that found the environmental review was incomplete. The ruling returns the case to a lower court for consideration. 'This was not only a win for the Seven County Infrastructure Coalition and counties in the state of Utah, but a win for the United States in being able to move forward with a major infrastructure project,' said Greg Miles, a Duchesne County Commissioner who sits on the board of the coalition, during a public meeting Thursday. 'There's a lot of things that oil does for us in our lives.' And although it still faces regulatory and legal hurdles, the coalition has made several moves over the last month toward financing the railroad. On Thursday, it heard public comments related to the bonds. The Department of Transportation's Private Activity Bonds program is a tax-exempt financing option from the federal government aimed at supporting private-public partnerships. The program has financed bridge replacements, highways, rail lines and other transportation-related ventures. U.S. Supreme Court rules in favor of controversial Utah oil train That $2.4 billion is the total estimated cost for the project, according to the coalition, although it's unclear how much money will come from private investments. But funds for the bond program are running dry. According to the department's data, there's only $500 million left to allocate, the program having dished out $29.4 billion of its $30 billion cap. It's up to Congress to replenish the program. 'How is the coalition going to get this money? And when?' asked Deeda Seed with the Center for Biological Diversity during the meeting Thursday. Seed also raised concerns over the 'ballooning' cost of the railway, which has increased in the last few years. 'How does this project pencil out? We have no clue, the public has no clue, especially when President Trump hopes the price of oil will decline to $40 to $50 per barrel,' she said. Just about all of the roughly two-dozen commenters on Thursday spoke against the railway, and using bonds to fund it — they cited concerns over the project's rising cost, potential harm to wildlife and habitat, the negative impact on air quality, and how a derailment could harm the Colorado River and the people who rely on it for drinking water. 'I deplore subsidizing the increase of oil production in the Uinta Basin, which will increase the ozone and air pollution, at a time when all federal subsidies are being cut for renewable energy,' said Joan Entwistle, a Summit County resident. 'It's just another example of how we're putting the thumb on the scale for fossil fuels.' 'The tariffs are being imposed at a level of 50% for steel. Clearly, that is going to raise the prices. Railroads are notorious for cost overruns,' said David Bennett, also a Summit County resident. SUPPORT: YOU MAKE OUR WORK POSSIBLE
Business Wire
05-06-2025
- Business
- Business Wire
CentralSquare Technologies and C1 Enter Partnership to Expand Advanced 911 Call Handling Access
BUSINESS WIRE)-- CentralSquare Technologies, a leading provider of public sector software, announced today a partnership with C1, a global managed services provider that specializes in delivering tailored technology solutions to public sector organizations. "Partnering with CentralSquare significantly enhances the offerings we're able to provide our public sector customers,' said Greg Miles, Executive Vice President, Public Sector, at C1. Through this partnership, C1 will offer CentralSquare's Vertex NG911 Call Handling solution as part of its larger customer portfolio, improving the speed and accuracy of emergency call handling to Public Service Answering Points (PSAPs) across the U.S. Vertex NG911 improves traditional emergency communication systems by integrating advanced capabilities like caller location query, text-to-911, streaming video, automated foreign language translation, and more. These capabilities provide first responders with fast, dependable access to vital information – enabling quicker, more efficient emergency response. 'Partnering with CentralSquare significantly enhances the offerings we're able to provide our public sector customers,' said Greg Miles, Executive Vice President, Public Sector, at C1. 'This collaboration represents a shared commitment to empowering PSAPs with modern, innovative solutions, helping them to keep communities safer.' CentralSquare joins C1's roster of 300+ technology partners, all of which C1 collaborates with to create customized solutions for their clients. "Partnering with C1 strengthens our ability to deliver mission-critical NG911 solutions to the public sector,' said Rob Farmer, National Director of Sales for Vertex NG911 at CentralSquare Technologies. 'C1's deep relationships in the public safety space align with our mission of delivering best-in-class technologies to enhance emergency response and protect local communities.' About CentralSquare Technologies: CentralSquare Technologies is the leading provider of public sector software in North America. The best-run communities rely on CentralSquare to manage all aspects of their state and local governments – from public safety to public works. Our comprehensive software suite includes modern cloud-based solutions to support police, fire, finance, payments, permits, utility billing and much more. With more than 40 years of dedication to the public sector, today we proudly serve over 8,000 customers. Learn more at About C1: C1, a global technology solution provider, is transforming businesses with AI-powered solutions that elevate connected human experiences. Through advisory, professional, and managed services, C1 ensures seamless integration across communications, infrastructure, and security. C1 solutions are tailored to align with client goals to drive innovation and operational excellence. Through partnerships with leading technology providers and an engineering team holding over 7,000 certifications, C1 empowers enterprises to adapt and thrive in a fast-paced digital world. At C1, it's about turning complex challenges into meaningful solutions, enabling businesses to design, deploy, and manage technology that delivers impactful outcomes. Learn more at
Yahoo
12-04-2025
- Business
- Yahoo
Favourable Signals For SHAPE Australia: Numerous Insiders Acquired Stock
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in SHAPE Australia Corporation Limited's (ASX:SHA) instance, it's good news for shareholders. While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The Chairman of the Board Greg Miles made the biggest insider purchase in the last 12 months. That single transaction was for AU$81k worth of shares at a price of AU$2.70 each. That means that an insider was happy to buy shares at around the current price of AU$2.98. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the SHAPE Australia insiders decided to buy shares at close to current prices. While SHAPE Australia insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! See our latest analysis for SHAPE Australia SHAPE Australia is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. Over the last three months, we've seen a bit of insider buying at SHAPE Australia. Non-Executive Director Rhonda Lloyd purchased AU$59k worth of shares in that period. It's great to see that insiders are only buying, not selling. However, in this case the amount invested recently is quite small. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. It's great to see that SHAPE Australia insiders own 46% of the company, worth about AU$113m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders. The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about SHAPE Australia. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing SHAPE Australia. In terms of investment risks, we've identified 1 warning sign with SHAPE Australia and understanding it should be part of your investment process. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
