ASX:WTP

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ASX:WTP

Construction struggles belie RBA uptick hopes

30 Aug 2013 - Australia’s building products manufacturers face struggles in the face of a slower than expected recovery in housing construction.

Watpac FY result improves

28 Aug 2013 - Watpac Limited (ASX:WTP) books a full year net loss of $4.7 million, a significant turnaround on last year’s $50.2 million loss.

Tatts inks property contract

13 Aug 2013 - Tatts Group Limited (ASX:TTS) inks an unconditional contract to buy a Brisbane site from construction, mining services and property development group Watpac Limited (…

Watpac cuts $30M in costs

16 Jul 2013 - Watpac Limited (ASX:WTP) slashes $30 million in costs from its balance sheet following an earnings downgrade in May.

Outlook: Aus shares look for direction

02 Jul 2013 - Aus shares look for direction. Watpac Limited (ASX:WTP) wins a $146 million Defence contract for construction work at 16 bases on Australia's east coast.

Market Wrap: ASX recovers on financials rally

17 June 2013 - ASX recovers on financials rally. Employment services firm Skilled Group Limited (ASX:SKE) acquires Darwin based marine contractor Broadsword for $75.5 million.

Watpac sells Brisbane development

17 Jun 2013 - Watpac Limited (ASX:WTP) has finalised the sale of its Addison Quays development site in Brisbane to the De Luca Corporation for about $6.4 million.

Market Wrap: Aus shares close 0.7% down

12 Jun 2013 - Aus shares close 0.7% down. Wesfarmers Limited (ASX:WES) supermarket chain Coles faces federal court action from the Australian Competition and Consumer Commission ov…

REIT’s: to trust or not to trust

29 May 2013 - Chief Executive of Cromwell Property Group, Paul Weightman, has this week cast doubts on the strength of the current property trust bubble.

Market Wrap: ASX bounces back

28 May 2013 - ASX bounces back. Bank of Queensland Limited (ASX:BOQ) appoints former Citigroup managing director Roger Davis as its chairman.

Watpac downgrades profit guidance

23 May 2013 - Watpac Limited (ASX:WTP) downgrades its profit guidance to between $3 million and $9 million, a fall on the $15.3 million posted last year.

HIA drives home housing realities

01 May 2013 - The Housing Industry Association is commencing its housing Australians campaign, identifying a series of distressing facts impacting new housing.

Market Wrap: ASX closes 1.3% higher

30 Apr 2013 - ASX closes 1.3% higher. Watpac Limited (ASX:WTP) finalises a $42 million design and construct contract to undertake a major expansion of Darwin International Airport.

Sydney auction scene soars

10 Apr 2013 - Against the backdrop of continued contraction in the construction sector and first home buyer hesitation it seems Sydney is enjoying a fruitful run in the auction pro…

Belgian giant to buy Watpac stake

09 Apr 2013 - Watpac Limited (ASX:WTP) says Besix Group will buy out company director Kevin Seymour’s stake in the company.

A tale of two cities

20 Mar 2013 - Melbourne has increased its total real estate sales in the first three months of this year, while Sydney is the target of bold plans for an explosion of development.

Market Wrap: ASX sinks 1.2% to session low

14 Mar 2013 - ASX sinks 1.2% to session low. Australia’s latest job figures have surprised and defused hopes for a rate cut next month.

Midday: Aus shares flatten on China data

11 Mar 2013 - Aus shares flatten on China data . Property developer Watpac Limited (ASX:WTP) has entered into a trading halt pending a material project announcement.

Market Wrap: Aus shares close at session lows

21 Nov 2012 - Aus shares close at session lows. Drillsearch Energy Limited ( ASX:DLS) revises its 2013 production forecast to between 1.3 and 1.6 million barrels of oil, as part of…

Watpac wins $40M NT contract

21 Nov 2012 - Property development group Watpac Limited (ASX:WTP) says its construction division has been awarded a $40 million contract.

Watpac working on Mayfair Hotel in SA

25 Oct 2012 - Watpac Limited (ASX:WTP) starts working on a 4.5 star boutique hotel in Adelaide called the Mayfair Hotel.

Outlook: Aus shares set for QE3 boost

14 Sep 2012 - Aus shares set for QE3 boost. Newcrest Mining Limited’s (ASX:NCM) operation at the Ridgeway underground mine has been temporarily suspended.

Watpac wins $55M Dandenong contract

02 Aug 2012 - Watpac Limited (ASX:WTP) has been selected as the preferred contractor to design and construct the new $55 million Municipal Building for the City of Greater Dandenon…

Outlook: Aus shares set to open flat

05 Jul 2012 - Aus shares set to open flat. Whitehaven Coal Limited (ASX:WHC) takes over more than 90 per cent of Coalworks Limited (ASX:CWK).

Watpac secures additional $35M with BC Iron

03 Jul 2012 - Watpac Limited (ASX:WTP) secures an additional $35 million to its mining services contract on the Nullagine iron ore project in the Pilbara region.