Increased Interest in K&S

The Australian Stock Exchange have received another notification of a substantial change in interest from Linfox. The latest notice shows the percentage of shares in the K&S Corporation owned by Linfox is now closing in on ten per cent.     This follows a previous announcement, published just before Christmas last year, in which Linfox revealed it had bought enough shares in the company to have over eight per cent of the...

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K&S Profits Down

The single entity, which now comprises the various parts of the Scott’s group of enterprises has released its half year results. The after tax loss of $88.4 million for K&S, in the six month period up to December 31, is 56 per cent worse than the same result last year, but better than the predicted 75 per cent, as announced in guidance to the stock market in November last year.     K&S have taken a hit due to the...

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