Analyst Corner

Sell-off has commenced.

WBC Analysis: Westpac FY2025 Full Year Results

SORRY - WBC/RMD had a bit of a mess-up today, as I integrated the comparison analysis (period on period). As you can see more clearly from this version. It's not just a "everything's the same, no changes made". And I forgot to untick

RMD Analysis: ResMed Q1 FY26 Earnings Release

NOTE: Should be over-valued vs our $155 valuation. We have used the incorrect share price (referencing CDI instead of NYSE) which i will attend to shortly. Event: ResMed Q1 FY26 Earnings Release | Date: 2025-10-30 | Source: ResMed Investor Relations Q1 Revenue Climbs 9% with Gross Margin Expansion ResMed released its Q1

CGF Analysis: APRA Releases Response on Longevity Product Capital Reforms

Website updates will occur through tonight. In the meantime, please refer to this email for CGF's updates. Paid members, you can also go through directly to company page "https://www.alphainsights.com.au/research/cgf/". A culling of non-paying membership will happen across the weekend. With

Alpha Insights - Portfolio Strategy (Part 2)

This is a continuation from my previous email - Alpha Insights: Portfolio Strategy. I have laid out my thought process, how/why I make my decisions, and when am I doing what. This would be relevant for use, only now I would say, so please don't take this

Alpha Insights: Portfolio Strategy - 30/10/2025

The global financial system is approaching a critical juncture, and preparation is key.

ANN Analysis: Ansell 2025 AGM and Trading Update

Event: Ansell 2025 AGM and Trading Update | Date: 2025-10-29 | Source: Ansell ASX Announcements Shares Surge 6% on AGM Trading Update and Guidance Lift Ansell Limited held its 2025 Annual General Meeting on 29 October 2025, where it provided a positive trading update for the first quarter of FY26, highlighting stronger

AHC Analysis: Q1 FY26 Trading Update

Event: Q1 FY26 Trading Update | Date: 2025-10-28 | Source: Austco Healthcare Investor Relations Q1 Revenue Jumps 51% on Robust Demand and Backlog Austco Healthcare released its Q1 FY26 trading update on 23 July 2025, reporting revenue of $23.2 million, a 51% increase year-on-year, driven by strong order conversion and integration

Short Update - 29/10/2025

CSL Analysis: CSL Shares Plunge on US Vaccination Decline and Cost-Cutting Plan

Event: CSL Shares Plunge on US Vaccination Decline and Cost-Cutting Plan | Date: 2025-10-28 | Source: CSL Investor Relations CSL Shares Drop 8% as US Flu Vaccination Slump Prompts $500M Cost Overhaul CSL Limited announced a significant restructuring initiative in response to declining US influenza vaccination rates, which have fallen 25% post-pandemic

Heading into the weekend

KAR Analysis: Karoon Energy Extends Share Buyback Amid Operational Updates

Event: Karoon Energy Extends Share Buyback Amid Operational Updates | Date: 2025-10-10 | Source: Karoon Energy Investors Buyback Program Expanded with Strong Progress Reported Karoon Energy released its latest quarterly activities report and share buyback update on 10 October 2025, highlighting ongoing operational challenges and capital allocation progress. Key operational metrics included

MAF Analysis: MA Financial Group 3Q25 Operating Update

Event: MA Financial Group 3Q25 Operating Update | Date: 2025-10-23 | Source: MA Financial Group Investor Centre 3Q25 Update Reveals Accelerated Momentum Across All Divisions MA Financial Group released its 3Q25 operating update on 23 October 2025, highlighting strong performance in the first nine months of FY25. Key metrics included assets under

REG Analysis: Regis Healthcare Acquires Two Victorian Aged Care Homes

Event: Regis Healthcare Acquires Two Victorian Aged Care Homes | Date: 2025-10-23 | Source: ASX Announcement REG Bolsters Victorian Presence with $45m Acquisition of 230-Bed Facilities Regis Healthcare Limited (REG) announced on 23 October 2025 the acquisition of two residential aged care homes in Victoria: Ocean Mist Aged Care in Torquay (120

NST Analysis: Northern Star Resources September Quarter 2025 Results

Event: Northern Star Resources September Quarter 2025 Results | Date: 2025-10-23 | Source: Northern Star Resources Investor Relations September Quarter Production Falls Short with Operational Disruptions Northern Star Resources released its September 2025 quarterly results on 23 October 2025, reporting gold sales of 381,000 ounces at an all-in sustaining cost (AISC)

VGL Analysis: Q3 2025 Trading Update

Event: Q3 2025 Trading Update | Date: 2025-10-23 | Source: Vista Group Investor Centre Guidance Maintained Despite Box Office Softness Vista Group International released its Q3 2025 trading update on 23 October 2025, reaffirming FY2025 EBITDA margin guidance of 16-18% despite noting some softness in box office performance. The company reported continued

WDS Analysis: Woodside Announces Louisiana LNG Partnership with Williams

Event: Woodside Announces Louisiana LNG Partnership with Williams | Date: 2025-10-23 | Source: Woodside Energy Investor Centre Woodside Seals Louisiana LNG Deal with Williams, Slashing Capex by $1.9bn Woodside Energy Group announced a strategic partnership with The Williams Companies for its Louisiana LNG project on 23 October 2025, selling a 10%

IFL Analysis: Insignia Financial Q1 FY26 Update |

Event: Insignia Financial Q1 FY26 Update | Date: 2025-10-23 | Source: Insignia Financial ASX Announcements FUMA Hits Record $340.5 Billion with Positive Net Inflows Insignia Financial released its Q1 FY26 quarterly update on 23 October 2025, reporting funds under management and administration (FUMA) of $340.5 billion as of 30 September

GNE Analysis: Genesis Energy FY26 Q1 Trading Update |

Event: Genesis Energy FY26 Q1 Trading Update | Date: 2025-10-23 | Source: Genesis Energy Investor Announcements Hydro Surge Delivers Strong Q1 Momentum Genesis Energy released its FY26 Q1 trading update on 23 October 2025, highlighting robust performance driven by exceptional hydro generation and effective portfolio management. Key metrics included electricity generation of

COH Analysis: Cochlear 2025 AGM Results |

Event: Cochlear 2025 AGM Results | Date: 2025-10-23 | Source: Cochlear Investor Relations Strong Shareholder Support at Hybrid 2025 AGM Cochlear Limited held its 2025 Annual General Meeting on 23 October 2025 in a hybrid format, with all resolutions passed by significant majorities, including the re-election of directors and approval of the

BXB Analysis: Brambles 2025 AGM and FY25 Results Update |

Event: Brambles 2025 AGM and FY25 Results Update | Date: 2025-10-23 | Source: Brambles Investor Relations Brambles Reaffirms FY26 Guidance Amid Solid FY25 Performance at AGM Brambles Limited (ASX: BXB) held its 2025 Annual General Meeting on 23 October 2025, releasing FY25 financial results and reiterating FY26 guidance. Key highlights include constant-currency

HLO Analysis: 2024 Annual General Meeting Presentation

Event: 2024 Annual General Meeting Presentation | Date: 2024-10-25 | Source: ASX Company Announcements FY26 EBITDA Guidance Signals Rebound with Acquisition Momentum Helloworld Travel Limited released its 2024 AGM presentation on 25 October 2024, recapping FY25 performance and providing FY26 outlook. Key FY25 metrics included total transaction value (TTV) of $3.8

JDO Analysis: 1Q FY26 Update and FY25 AGM Addresses

Event: 1Q FY26 Update and FY25 AGM Addresses | Date: 2025-10-15 | Source: ASX Announcement Robust 1Q FY26 Momentum with 16% Annualised GLA Growth Judo Capital Holdings released its 1Q FY26 business update during the FY25 AGM on 15 October 2025, highlighting sustained lending momentum amid a challenging economic environment. Gross loans

PPS Analysis: Praemium Limited September Quarter Update FY2026

Event: Praemium Limited September Quarter Update FY2026 | Date: 2025-10-21 | Source: Praemium Investor Updates Platform FUA Grows 10% YoY with Spectrum Surging 38% in Q1 FY2026 Praemium Limited released its September Quarter Update for FY2026 on 21 October 2025, highlighting robust funds under administration (FUA) growth and strong inflows despite some

CWY Analysis: Trading Update

Event: Trading Update | Date: 2025-10-21 | Source: Cleanaway ASX Announcements Guidance Reaffirmed Amid Subdued Q1 Trading Cleanaway Waste Management (ASX: CWY) released a trading update on 21 October 2025, reconfirming its FY26 underlying EBIT guidance of $470-500 million despite challenging conditions in the September quarter. The update highlighted subdued trading, particularly

CXL Analysis: October 2025 Investor Presentation

Event: October 2025 Investor Presentation | Date: 2025-10-01 | Source: Calix Investor Centre October Presentation Confirms FY25 Financials with Project Timeline Refinements Calix Limited released its October 2025 investor presentation, providing an update on financial performance and project developments without introducing new FY25 metrics. The presentation reaffirmed FY25 total revenue and other

RZI Analysis: Raiz Invest Reaches Record $2 Billion FUM in Q1 FY26

Event: Raiz Invest Reaches Record $2 Billion FUM in Q1 FY26 | Date: 2025-10-20 | Source: ASX Announcements Record FUM Milestone and EBITDA Guidance Reaffirmed in Q1 FY26 Update Raiz Invest Limited released its Q1 FY26 activities report on 20 October 2025, highlighting record funds under management (FUM) of $2.0 billion

AMI Analysis: Aurelia Metals Q1 FY26 Quarterly Activities Report

Event: Aurelia Metals Q1 FY26 Quarterly Activities Report | Date: 2025-10-21 | Source: Aurelia Metals Investor Reporting Federation Ramp-Up Exceeds Expectations in Q1 FY26 Aurelia Metals released its Q1 FY26 quarterly activities report on 21 October 2025, highlighting strong operational performance across its Cobar Basin assets. Key production figures included 10.4koz

Upgrade Completed (22/10/25)

HUB Analysis: HUB24 Q1 FY26 Trading Update

Event: HUB24 Q1 FY26 Trading Update | Date: 2025-10-21 | Source: HUB24 Investor Centre Record Net Inflows Drive Accelerated Q1 FUA Growth HUB24 released its Q1 FY26 trading update on 21 October 2025, highlighting robust performance with Platform funds under administration (FUA) reaching $122.0 billion, up 33% year-on-year and 8.3%

S32 Analysis: September 2025 Quarterly Report

Event: September 2025 Quarterly Report | Date: 2025-10-21 | Source: South32 News and Media Strong Volumes and Guidance Reaffirmation Despite Mozal Uncertainty South32 released its September 2025 quarterly report on 21 October 2025, highlighting strong operating performance with a 12% increase in payable copper equivalent production at Sierra Gorda and a 33%

Fenix Resources (FEX) - Q1 FY26 Operational Update

Alpha Insights Equity Research | 17 October 2025 Current Price: A$0.52 | Updated Fair Value: A$1.65 (previously A$1.24) What Happened Fenix delivered transformational Q1 FY26 results demonstrating operational excellence whilst advancing strategic partnership with Baowu, the world's largest steel producer. Record quarterly iron ore

Challenger Limited (CGF) - Q1 FY26 Operational Update

Alpha Insights Equity Research | 17 October 2025 Current Price: $9.16 | Updated Fair Value: $10.77 (previously $12.23) What Happened Challenger delivered Q1 FY26 operational results demonstrating execution excellence across strategic priorities. Management reaffirmed FY26 guidance for 8-10% Life book growth despite challenging macro conditions, whilst strategic initiatives progressed

Santos Limited (STO) - Q3 2025 Operational Update

Alpha Insights Equity Research | 17 October 2025 Current Price: A$6.38 | Updated Fair Value: A$7.96 (previously A$10.45) Working through the backlog of companies that have provided an update this week. Full automation of the updater process is nearly completed - just a few more loose

BANK OF QUEENSLAND (BOQ)

Alpha Insights update - TWE earnings downgrade (13th Oct).

Alpha Insights - James Hardie Q2 FY26 Update

I'm back! So - quick walk-through. Below is still an automation-in-progress for Alpha Insights. It is now my biggest priority since polishing up the website. There are still a few things that I need to make a decision on, and also figure out the placement/delivery of these

Platform Update - 8th October 2025

Alpha Insights - 30.09.25 Update

Weekly Update (25/09) – Current Economic view

Global economy The US economy is screeching the brakes. Hard. Trump’s re-entry to the white house, was initially welcomed by strong business confidence & attraction of capital investment back into the US (via on-shoring, or foreign investment). Nevertheless, Trump’s tariffs continue to make headlines – and I get the

Starting Alpha Insights - Week 4

Market update 15/09

Introducing. A.I. Chat. Alpha Insights very own chatbot.

Since the end of the August reporting seaon, efforts at Alpha Insights has not wavered. We continue to keep the momentum up, by improving, our search function on the website. This search function is still in its proto-type phase, but as a working feature, helps showcases the difference between Alpha

The Steepening Yield Curve: A Critical Assessment of Market Dynamics and Banking Sector Implications

This is the piece I was referring to in my previous email, on steepening yield curves. Hopefully, it sorta makes sense to many of you reading, i know the technicalities can be difficult to grasp, but there is no other way to really frame it properly (at least not without

CBA - A well-capitalised, fortress of a bank. Or so we thought.

Minor update

Last Day - Bye the 8th, onto the 9th.

Wrapping up August - Reporting season, Membership closure, First customer review.

Closing off Foundations

Week 1: So much to do, with so little time

Interesting Charts - 20/08

The AI Capital Trap: Market Concentration and Structural Shifts Ahead

Weekend Wrap - Alpha Insights Gone Live

Official News: Alpha Insights is now Live (and why I built it for you)

As I sit in the darkness of my home office, typing this email up for tomorrow morning (currently 3.28am), an odd mix of emotions starts to well up from within me. Excitement? Of course! I can't wait to show everyone the beauty of Alpha Insights, the benefits

The $17 Puzzle: When Markets and Mathematics Diverge

Let's start from the top, once more.

Alpha Insights Platform Launch - Your Investment Research, Reimagined

Hi everyone! It's been nearly two months since I last reached out – regardless, my view on the market has remained broadly unchanged. A comprehensive market update will be published next week as we head into the August reporting season. The more exciting thing I would like to share