Page 17 - Total Tools News Today : Breaking News, Live Updates & Top Stories | Vimarsana

There are a number of ASX shares that many brokers like the look of. If multiple brokers all think that a business is an opportunity, then it could be worth thinking about if that business is an investment idea There’s also potential for all of the brokers to all be wrong at the same time. Here are two ASX shares that are highly rated by brokers: Metcash is currently rated as a buy by at least three brokers. One of the brokers that likes Metcash is Credit Suisse, which has a price target of $4.16. The broker is paying attention to how the non-food earnings of the business are growing, parti...

Top ASX shares to buy in July 2021 Top ASX shares to buy in July 2021 Thinking of adding to your portfolio in celebration of the new financial year? These are some of the ASX shares experts reckon are worth a look at in July. July 1, 7:00am AEST | Image source: Getty Images With the new financial year now upon us, we asked our Foolish contributors to compile a list of some of the ASX shares experts are saying to buy in July. Here is what the team have come up with… Tristan Harrison: Adairs Ltd (ASX: ADH)  Adairs is a homewares and furnishings ASX share.  

Source: Inside Retail Metcash has announced it is upping its stake in Total Tools, from 70% to 85%, at a cost of $59.4 million. The decision comes as the tools business saw impressive growth since Metcash took its initial stake last September, with Total Tools’ earnings before tax and interest (EBIT) for the eight months to 30 April 2021 hitting $24 million. And, in order to speed up and facilitate the business’ growth plans — which include an expansion of its store network — Metcash has increased its debt facility to Total Tools from $40 million to $65 million. Metcash still looks to...

Advertisement The COVID-19 building boom What Quadrant couldn’t have seen in March 2020, arguably the peak of the pandemic panic, was how COVID-19 would unleash a boom in building and renovations sparked by the combination of government incentives, stimulus payments and border restrictions, which saw spending on holidays channelled into home. The 24.7 per cent increased in hardware sales at Metcash, which includes sales at Mitre 10 and Home Timber & Hardware, speaks to the power of this boom. Even excluding Total Tools, sales rose 17.8 per cent. But Metcash and its great rival, the Wesfa...

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