Ryan Lim

SQ: Fintech Platform Pioneer - Priced for Perfection in an Imperfect World

HOLD rating with fair value $88.96 vs current $119.60. Business quality 7.25/10. Revenue CAGR 6.8% with EBITDA margins expanding to 19.9%.

The $17 Puzzle: When Markets and Mathematics Diverge

Unibail-Rodamco-Westfield (URW) - Premium retail REIT completing strategic transformation

Fair Value: $8.14 | Current: $7.49 | Outlook: POSITIVE

Reckon Limited (RKN) - Cloud transformation with dual-market positioning

Fair Value: $2.32 | Current: $0.51 | Outlook: POSITIVE

Beach Energy Limited (BPT) - Domestic gas producer undergoing strategic transformation

Fair Value: $1.81 | Current: $1.14 | Outlook: POSITIVE

OFX Group Limited (OFX) - Platform transformation with early success metrics

Fair Value: $1.85 | Current: $0.81 | Outlook: POSITIVE

The calm before the Aug reporting season

The Lottery Corporation Limited (TLC) - Regulated monopoly with digital transformation

Fair Value: $4.04 | Current: $5.37 | Outlook: NEUTRAL

Step One Clothing Limited (STP) - Sustainable underwear D2C leader with international expansion

Fair Value: $1.17 | Current: $0.70 | Outlook: POSITIVE

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