syl
SYL: Infrastructure Contractor - Victorian Peak Meets Utility Pivot
Updated 24 Oct 2025
Fair value $2.65 with 18.6% ROIC premium to sector. Victorian concentration risk offset by utility acquisitions and renewables positioning.
View note
Ryan Lim
asx
ASX: Exchange Operator - Monopoly Under Scrutiny, Margin Recovery Ahead
Updated 24 Oct 2025
ASX trades at $58.42 vs fair value $70.15 (+20% upside). Dominant market position with 61% EBITDA margins, 13.8% ROIC. Near-term regulatory and execution risks offset by structural moat and superannuation tailwinds.
View noteKAR
KAR Analysis: Karoon Energy Extends Share Buyback Amid Operational Updates
Updated 24 Oct 2025
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
View noteMAF
MAF Analysis: MA Financial Group 3Q25 Operating Update
Updated 24 Oct 2025
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
View noteREG
REG Analysis: Regis Healthcare Acquires Two Victorian Aged Care Homes
Updated 24 Oct 2025
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
View noteNST
NST Analysis: Northern Star Resources September Quarter 2025 Results
Updated 24 Oct 2025
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)
View noteVGL
VGL Analysis: Q3 2025 Trading Update
Updated 24 Oct 2025
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
View noteWDS
WDS Analysis: Woodside Announces Louisiana LNG Partnership with Williams
Updated 24 Oct 2025
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%
View noteKAR
KAR: Offshore Oil Producer - Operational Hiccups Hide Hidden Treasure
Updated 24 Oct 2025
Karoon Energy: Fair value A$6.00 vs current A$1.47 (+308% upside). Mid-tier offshore producer with 63.4% EBITDA margins, 54MMboe 2P reserves, facing near-term operational challenges creating valuation dislocation.
View noteMAF
MAF: Financial Services Transformer - Money's Made, Market's Missed It
Updated 24 Oct 2025
MA Financial trades at $9.19 versus $11.41 fair value (24% upside). Strong execution with MA Money profitability inflection, 74% recurring revenue, 34% AUM growth. ROIC 19.0% vs WACC 9.2%. Quality score 7.8/10.
View noteREG
REG: Aged Care Consolidator - Betting the House on Integration
Updated 24 Oct 2025
Regis Healthcare acquiring aggressively at 7.5x EBITDA with $99m cash, 74 homes, $90m Q1 RAD inflows signal recovery, but valuation incomplete—integration execution critical.
View noteNST
NST: Gold Mining Giant - Priced for Perfection, Positioned for Pain
Updated 24 Oct 2025
Northern Star Resources: Australia's #2 gold producer trading at 102% premium to A$12.60 fair value. Operational excellence meets valuation excess with 51% downside risk.
View note