News Articles for DJ Carmichael

There may be plenty of cash about, but the IPO market is struggling as investor confidence remains low.

THE Australian Securities Dealers Association has criticised new Commonwealth regulations that prevent 450 financial service businesses from paying standard brokerage fees to their advisers.

Western Australia-based resources firms Crescent Gold, Latin Resources, and Hot Chili have each announced strong interest and oversubscriptions to capital raisings collectively worth around $16 million.

STOCKBROKING is widely perceived to be a lucrative trade, and that is certainly true for the smarter operators, but what is even more interesting is the highly varied performance of major broking firms in Perth.

PERTH'S stockbroking scene has undergone some major changes over the past year as the sector repositions itself to take advantage of growing market confidence.

DJ Carmichael & Co says it has no intention at this stage to replace managing director Rod Beeton, who has parted ways with the Perth-based stockbroking firm after seven years.

Stockbroking firms DJ Carmichael & Co and Montagu Stockbrokers have revealed they are in merger discussions, according to a report.

The buoyant stock market conditions that prevailed for most of 2007 have helped broking firm DJ Carmichael & Co achieve a big increase in profit.

POSITIONING the firm for an elevated profile, the board of local stockbroking and corporate services group DJ Carmichael & Co has voted in a new managing director, its second in a year.