Australia

As discussed in Cromwell Prop (CMW AU): ESR Exit Post-Privatization?, after ESR (1821 HK) acquired ARA Asset Management in 2021, it said Cromwell Property (CMW AU) was a non-core holding.
After ESR announced a privatisation by Warburg/Starwood on the 4th December 2024, I mused whether this would accelerate the sale as part of a wider strategic review.
Two months ago, ESR initiated a block trade for part of its 31% stake in Cromwell. Now Brookfield is seeking ESR’s remaining 19.9% stake @A$0.38/share. Subject to FIRB approval.

Insignia Financial (IFL AU) Accepts CC Capital’s Reduced Terms

Insignia Financial (IFL AU), a wealth manager and previously known as IOOF, has entered into a Scheme with CC Capital at $A$4.80/share.
That’s 56.9% premium to undisturbed (11th December 2024), 20% above Bain’s initial indicative tilt last year, but 4% below CC Capital (% Bain’s) A$5.00/share indictive Offer on the 7th March.
Apart from the Scheme vote, CC Capital’s Offer requires a raft a regulatory approvals. The SID indicates 1H26 completion.

BHP Group: Initiation of Coverage- Inside the $4.4 Billion Profit Engine Fueling the Next Commodity Supercycle!

BHP Group Limited’s performance in the first half of the 2025 financial year illustrates a mix of strategic advancements and operational challenges in its diverse portfolio.
The first half results showcase several strengths and areas for further focus as the company navigates a complex global mining landscape.
A key positive from BHP’s recent performance is the record output in its Western Australian iron ore operations, which achieved the lowest production costs globally.

Fortescue Metals Group: Initiation of Coverage- Hydrogen Ambitions

Fortescue Metals Group Limited’s latest earnings report reveals a mix of strategic growth initiatives, operational achievements, and emerging challenges.
The company has reported its highest-ever first-half shipments of 97.1 million tonnes, underpinning a strong operational performance.
A significant improvement in safety metrics, namely a 44% improvement in Total Recordable Injury Frequency Rate (TRIFR), further emphasizes Fortescue’s commitment to maintaining high safety standards on-site.

29Metals Ltd – Australian Broker Call Extra Edition – Jul 22, 2025

Extra Edition of the Broker Call Report

CSL Limited: Initiation of Coverage- Powering Global Growth with Solid Immunoglobulin & Albumin Wins!

CSL Limited, an Australian multinational specialty biotechnology company, reported its financial performance for the first half of fiscal year 2025, presenting a nuanced picture of its current business landscape.
From an investor’s standpoint, analyzing both the positive aspects and the challenges noted in the earnings call gives a clearer sense of CSL Limited’s operational and strategic trajectory.
Starting with the positives, the company reported solid financial results, with group revenues reaching $8.5 billion, reflecting a 5% increase at constant currency.

Evolution Mining: Initiation of Coverage- Production Breakthroughs & Smart Spending Signal Strong Upside!

Evolution Mining reported strong performance for the June 2025 quarter, marking a positive end to the fiscal year.
The company produced 182,000 ounces of gold and 19,000 tonnes of copper for the quarter, reaching a total of 751,000 ounces of gold and 76,000 tonnes of copper for the full year.
However, the increase in all-in sustaining costs (AISC) to $1,572 per ounce for FY’25 was significantly affected by higher royalty costs due to elevated gold prices.

Insignia Financial Ltd – The Overnight Report: S&P500 Records New High

A global perspective on what happened overnight

Iron Ore to 110 USD/Ton: Positive TSF Data and Mill Spread Momentum Builds

By Sameer Taneja

We reiterate positive momentum on iron ore pricing as mill spreads pass 100 RMB/ton and positive lending data from China increases optimism. Iron ore prices are now 103 USD/ton.
Read: Iron Ore: Small Bounce From 96 to 100 USD/Ton As China Mill Margins Turn Positive and Iron Ore: Mill Spreads Continue to Improve, Bullish Ore To 110 USD/Ton.
We like Fenix Resources (FEX AU), which is about to commission the Beebyn-W11 mine and triple its production to 4.1 million tons (vs 1.4 million tons two quarters ago).

JB Hi-Fi Limited: Initiation of Coverage- Why Its Recent Growth In Tech & Appliance Sales Is Just the Beginning!

By Special Situation Investments

JB Hi-Fi Limited has presented a mixed financial performance for the first half of the 2025 fiscal year, showcasing its resilience in a competitive and challenging retail environment.
The company reported a solid increase in total sales across its key divisions, namely JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys.
Total sales in JB Hi-Fi Australia grew by 7.2%, reaching AUD 3.88 billion, while JB Hi-Fi New Zealand exceeded expectations with a 20% rise in sales to NZD 202.5 million.

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Jul 21

Daily Brief Australia: Reece Ltd, Hub24 Ltd, Next Science Ltd, Waypoint REIT, Provaris Energy , Netwealth Group , Regis Resources and more

By Smartkarma Daily Briefs | Australia, Daily Briefs

In today’s briefing:

Reece (REH AU): Positioning Increases as Global Index Deletion Nears
Relative Value Opportunities in Asia-Pac, Pair Trade Roundup.
Asset Sales, Mergers, and Regulatory Developments: Key Updates from SSI Weekly Newsletter
Waypoint REIT (WPR AU) Vs. Region Group (RGN AU): Aussie REIT Spread Trade Looks Ripe
Provaris Energy (ASX:PV1) RaaS Interview Transcript 21 July 2025
Netwealth (NWL AU) Vs. Hub24 (HUB AU): Can Netwealth Catch Up to Hub24’s Momentum?
Regis Resources Ltd – The Monday Report – 21 July 2025

Reece (REH AU): Positioning Increases as Global Index Deletion Nears

By Brian Freitas

Reece Ltd (REH AU)‘s stock price has dropped a lot over the last year, and the significantly lower market cap could result in global index deletion in August.
Short interest started to pick up early this year and has accelerated over the last couple of months. There are indications of positioning in the stock.
Reece Ltd (REH AU) has underperformed its peers but still trades at a higher EV/EBITDA and forward PE compared to most of its peer group.

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup.

By Gaudenz Schneider

Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.
Highlight: Three Aussie pair trade opportunities across three sectors persist.
Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.

Asset Sales, Mergers, and Regulatory Developments: Key Updates from SSI Weekly Newsletter

Next Science (NXS:AX) plans a large capital return after selling assets to Demetra Holdings, with a 13% spread to expected distribution.
Cantor Equity Partners I (CEPO) merges with BSTR, becoming a major Bitcoin treasury, exiting with a 17% gain.
Banxa’s (BNXA:V) spread widens to 30% amid shareholder sales and pending acquisition by OSL Group, with Genius Act tailwinds.

Waypoint REIT (WPR AU) Vs. Region Group (RGN AU): Aussie REIT Spread Trade Looks Ripe

By Gaudenz Schneider

Context: The Region (RGN AU) vs. Waypoint REIT (WPR AU) Price-Ratio has deviated more than two standard deviations from its one-year average, presenting a potential relative value opportunity.
Highlights: The pair shows strong alignment in both statistical terms and fundamental metrics and factors.
Why Read: Essential for quantitative traders seeking mean-reversion opportunities, with detailed execution framework, risk management protocols, and historical simulation showing the statistical basis for this relative value play.

Provaris Energy (ASX:PV1) RaaS Interview Transcript 21 July 2025

RaaS Research’s Finola Burke and Andrew Williams interview Provaris Energy Managing Director/CEO Martin Carolan on the company’s strategy, its partnerships with Yinson and K Line and path to a FID.

Netwealth (NWL AU) Vs. Hub24 (HUB AU): Can Netwealth Catch Up to Hub24’s Momentum?

By Gaudenz Schneider

Context: The Netwealth (NWL AU) vs. Hub24 (HUB AU) Price-Ratio has deviated more than two standard deviations from its one-year average, presenting a potential relative value opportunity.
Highlights: The two companies share very similar business models and target markets. While they are closely correlated, their current price momentum is a factor when considering relative value trades.
Why Read: Essential for quantitative traders seeking mean-reversion opportunities, with detailed execution framework, risk management protocols, and historical simulation showing the statistical basis for this relative value play.

Regis Resources Ltd – The Monday Report – 21 July 2025

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead

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Jul 20

Daily Brief Australia: BHP Group Ltd and more

By Smartkarma Daily Briefs | Australia, Daily Briefs

In today’s briefing:

BHP: Operations Strong in Q4/25 But Looking Fully Valued

BHP: Operations Strong in Q4/25 But Looking Fully Valued

By Graeme Cunningham

BHP reported strong operations overall for fiscal Q4/25, with iron ore, copper and coal production up yoy and a qoq recovery after rough Q3/25 Australian weather
The company released 2026E guidance, with the low-end indicating production declines for the three major divisions, although this was expected by the market
We remain concerned of potential iron ore and copper price reversals, while the shares trade near our DCF value and at a moderate premium to big cap iron ore

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Jul 19

Daily Brief Australia: Cochlear Ltd, Next Science Ltd, Northern Star Resources, Mesoblast Ltd, Pro Medicus Ltd, Santos Ltd and more

By Smartkarma Daily Briefs | Australia, Daily Briefs

In today’s briefing:

Cochlear Limited: Initiation of Coverage- Can Cutting-Edge Innovation & R&D Fuel the Next Growth Surge?
Next Science Asset Sale to Demetra Holdings: Potential 13% Upside with Capital Return and Strategic Acquisition
Northern Star Resources: Initiation of Coverage- Why Mining Stabilization at Super Pit Could Be a Game-Changer!
Mesoblast (MSB AU): Ryoncil Starts on a High Note- A Step Toward Profitable Growth
Pro Medicus: Initiation of Coverage- Breaking Barriers in U.S. Imaging with Next-Gen Expansion Strategy!
Santos Limited: Initiation of Coverage- Power Moves in Contracts, Decommissioning, & Growth!

Cochlear Limited: Initiation of Coverage- Can Cutting-Edge Innovation & R&D Fuel the Next Growth Surge?

By Special Situation Investments

Cochlear Limited recently announced its half-year results for fiscal year 2025.
In its earnings call, the company disclosed a mixed performance across its business segments.
On the positive side, the company reported a strong 13% growth in Cochlear implant revenue and an even stronger 22% growth in Acoustics revenue, leading to an overall net sales increase of 6% in constant currency.

Next Science Asset Sale to Demetra Holdings: Potential 13% Upside with Capital Return and Strategic Acquisition

Next Science plans to distribute net proceeds of US$30m from asset sale to shareholders, equating to A$0.158/share.
The asset sale requires shareholder approval, with major stakeholders like the Walker family likely supporting the transaction.
Uncertainties include FDA compliance issues, tax treatment of distribution, and potential changes in net proceeds estimate.

Northern Star Resources: Initiation of Coverage- Why Mining Stabilization at Super Pit Could Be a Game-Changer!

Northern Star Resources Ltd’s March 2025 quarterly results showcased a strong financial and operational performance, despite facing some operational challenges.
The company generated robust net mine cash flow of $295 million, with positive contributions from all production centers.
The gold price, exceeding AUD 5,000 per ounce, aided this financial strength, alongside the company’s low-risk mining jurisdictions in Western Australia and Alaska.

Mesoblast (MSB AU): Ryoncil Starts on a High Note- A Step Toward Profitable Growth

By Tina Banerjee

Mesoblast Ltd (MSB AU) reported $13.2M revenue from Ryoncil since its launch on March 28 through June 30. With full treatment cost of $1.55M, Ryoncil pricing has been reasonably set.
With mandatory CMS coverage becoming effective on July 1 in all U.S. states and Mesoblast completing onboarding of the remaining major U.S. transplant centers, Ryoncil revenue is expected to accelerate.
As of June 30, 2025, Mesoblast had cash balance of $162M. Considering cash burn of $16.6M for the latest quarter, the company has an estimated funding available for ~10 quarters.

Pro Medicus: Initiation of Coverage- Breaking Barriers in U.S. Imaging with Next-Gen Expansion Strategy!

Pro Medicus Limited, a healthcare IT company specializing in enterprise imaging, reported a record first half of the fiscal year in both financial performance and strategic milestones.
The company’s revenue increased by 31.1%, with profit after tax soaring by 42.7%, reflecting robust financial health.
The earnings before interest and taxes (EBIT) margin grew to 71.9%, underscoring the company’s profitability.

Santos Limited: Initiation of Coverage- Power Moves in Contracts, Decommissioning, & Growth!

Santos Limited reported its 2024 full-year financial and operational results, presenting a detailed picture of the company’s current status, achievements, and challenges.
The company highlighted a strong financial performance supported by disciplined cost controls, robust revenues, and significant strategic projects either completed or progressing as scheduled.
On the positive side, Santos reported sales revenue of $5.4 billion, which translated into $3.7 billion in EBITDAX and $1.2 billion in profit after tax.

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Jul 18

Daily Brief Australia: PointsBet Holdings , Computershare Ltd, Insignia Financial, Nextdc Ltd, Warriedar Resources and more

By Smartkarma Daily Briefs | Australia, Daily Briefs

In today’s briefing:

PointsBet (PBH AU): Betr Firms “Superior Offer”. Expect The Board To Reject. Again
Computershare Limited: Initiation of Coverage- How Smart Hedging & Rate Moves Are Driving a $1.8 Billion Windfall!
Insignia Financial Ltd – The Overnight Report: New ASX Record Beckons
NEXTDC Ltd – Rudi’s View: Aussie Broadband, oOh!media, Paladin Energy, Seek, Xero & More
Warriedar Resources Ltd – Quarterly Round Up

PointsBet (PBH AU): Betr Firms “Superior Offer”. Expect The Board To Reject. Again

Back on the 20th June, betr (BBT AU) tabled an all-scrip off-market Offer for PointsBet (PBH AU), with no minimum acceptance condition, which they considered superior to MIXI (2121 JP)‘s.
Which was a bold statement, as 3.81 new betr shares, at the time, was equivalent to A$1.143/share versus MIXI’s A$1.20/share all-cash Offer. It’s now worth A$1.03/share.
Last night, betr released its Bidder’s Statement. Terms are unchanged. Offer opens ~31st July. PointsBet was quick to point out, again, the current (low) value of the scrip terms.

Computershare Limited: Initiation of Coverage- How Smart Hedging & Rate Moves Are Driving a $1.8 Billion Windfall!

Computershare presented a robust performance in its first-half FY ’25 results.
The company reported Management Earnings Per Share (EPS) of $0.653, an 18.7% increase over the previous period, driven by strong business momentum despite challenging macroeconomic conditions, including interest rate changes.
The company’s management aims to build a simplified, high-quality, and capital-light business model, as evidenced by their recent divestment of the U.S. Mortgage Services business.

Insignia Financial Ltd – The Overnight Report: New ASX Record Beckons

A global perspective on what happened overnight

NEXTDC Ltd – Rudi’s View: Aussie Broadband, oOh!media, Paladin Energy, Seek, Xero & More

Update on changes to and revisions of analysts’ Best Ideas and Conviction Calls, as well as Model Portfolio compositions

Warriedar Resources Ltd – Quarterly Round Up

Warriedar Resources Limited (ASX:WA8) is an emerging gold and antimony developer whose flagship Golden Range project hosts ~2.3moz in AuEq resources in the prolific gold-producing Murchison region of Western Australia.
Since the acquisition of the project in CY23, WA8 has expanded the gold resource and delineated a globally significant antimony resource which is also contained in the core Ricciardo deposit.
Whilst the gold resource alone could support a commercial development, the overlapping antimony resource not only increases the economic value, it adds a strategic value to the project given the supply shortages and trade restrictions affecting this commodity.

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Jul 17

Daily Brief Australia: PointsBet Holdings , Kinatico , Rio Tinto Ltd, Endeavour Group /Australia, Coles Group and more

By Smartkarma Daily Briefs | Australia, Daily Briefs

In today’s briefing:

PointsBet (PBH AU): The Battle of Takeover Offers Commences
Legacy Business Fuels Kinatico’s SaaS Ambition
Rio Tinto: Status Quo New CEO and Q2/25 Operations
Rio Tinto Q2 2025 Production Update: Copper Leads, Iron Ore Rebounds
Endeavour Group Ltd/Australia – The Overnight Report: Powell Tango Continues
Legacy Business Fuels Kinatico’s SaaS Ambition
Coles Group Ltd – ESG Focus: The Little Big Things – 14-07-2025

PointsBet (PBH AU): The Battle of Takeover Offers Commences

By Arun George

BETR Entertainment (BBT AU) has despatched the bidder’s statement for PointsBet Holdings (PBH AU) takeover offer. The offer is scheduled to run from July 31 to September 8.
BBT continues to clutch at straws by claiming its offer is superior to Mixi’s A$1.20 all-cash offer. The Mixi scheme results suggest that BBT has limited support from PBH shareholders.
BBT will struggle to gain material acceptance, but hints at possible revised terms. Mixi Inc (2121 JP) will also need to reconsider its offer terms to see off BBT.

Legacy Business Fuels Kinatico’s SaaS Ambition

As Kinatico transitions to a new compliance SaaS solution, the legacy business provides funding for the new service development and a pool of potential customers

Rio Tinto: Status Quo New CEO and Q2/25 Operations

By Graeme Cunningham

The company reported Q2/25 production, with decent growth for iron ore, copper, aluminum and precious metals as expected, and guidance maintained for all divisions
A new CEO announced yesterday, Mr. Simon Trott, is head of Rio’s iron ore segment with 20 years at the company, not indicating any major shake-up of the corporate culture
We remain cautious given potential for a reversal of recent jumps in iron ore and copper, and a weak medium-term outlook for the former, while Rio’s valuation remains moderate

Rio Tinto Q2 2025 Production Update: Copper Leads, Iron Ore Rebounds

By Rahul Jain

Copper strength continues, driven by the Oyu Tolgoi ramp-up and Arcadium integration, with volumes trending toward the higher end of guidance.
Rio Tinto is gradually shifting its portfolio toward copper and lithium to reduce reliance on iron ore and align with energy transition demand.
FY25 guidance remains intact across key commodities, with improved operating momentum and diversified growth positioning the company for a resilient second half.

Endeavour Group Ltd/Australia – The Overnight Report: Powell Tango Continues

A global perspective on what happened overnight

Legacy Business Fuels Kinatico’s SaaS Ambition

As Kinatico transitions to a new compliance SaaS solution, the legacy business provides funding for the new service development and a pool of potential customers

Coles Group Ltd – ESG Focus: The Little Big Things – 14-07-2025

The sustainability industry and ESG protocols took some major steps forward in Europe while the US unravels decarbonisation efforts at home

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Jul 16

Daily Brief Australia: New World Resources, Adriatic Metals PLC, CSL Ltd, oOh!Media Ltd and more

By Smartkarma Daily Briefs | Australia, Daily Briefs

In today’s briefing:

New World Resources (NWC AU): Expect CAML To Match Kinterra’s Terms
Adriatic Metals (ADT AU): 13th August Vote On Dundee Metals (DPM CN)’s Offer
Treasure Chest: CSL Not A One-Trick Pony
oOh!Media Ltd – The Overnight Report: Long-End Yields Rising

New World Resources (NWC AU): Expect CAML To Match Kinterra’s Terms

Writing reports on copper-play New World Resources (NWC AU) is tricky as they have a half-life of days, sometimes hours, as Kinterra and Central Asia Metals (CAML LN) compete head-to-head.
Last week, Kinterra bumped its off-market Offer to A$0.063/share; which increases to A$0.064/share if it gets to 30%. CAML, currently at A$0.062/share, has matching rights up until the 17th July.
The Takeovers Panel has now, not altogether unsurprisingly, opted not to declare unacceptable circumstances regarding Kinterra’s two applications.

Adriatic Metals (ADT AU): 13th August Vote On Dundee Metals (DPM CN)’s Offer

Back on the 13th June, dual-listed silver play Adriatic Metals PLC (ADT AU) announced a cash/scrip Offer from Dundee Precious Metals (DPM CN),with an implied Offer price of A$5.56/share, a
Dundee is offering 0.1590 new Dundee shares per ADT share, plus 93 pence in cash. Roughly a 35:65 cash/scrip split for the Aussie-listed line. And a 47.8% premium to undisturbed.
As Adriatic is incorporated in the UK, the Offer is being done by a UK Scheme. The Scheme Doc is now out, with a shareholder vote on the 13th August.

Treasure Chest: CSL Not A One-Trick Pony

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts.
Today’s idea is on CSL

oOh!Media Ltd – The Overnight Report: Long-End Yields Rising

A global perspective on what happened overnight

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Jul 15

Daily Brief Australia: Abacus Storage King, CSL Ltd, Macquarie Telecom and more

By Smartkarma Daily Briefs | Australia, Daily Briefs

In today’s briefing:

Abacus Storage King (ASK AU): Ki Corp/Public Storage’s Revised NBIO Faces a Daunting Challenge
Treasure Chest: CSL Not A One-Trick Pony
Macquarie Telecom Group Ltd – The Overnight Report: US-EU Talks Calm Nerves

Abacus Storage King (ASK AU): Ki Corp/Public Storage’s Revised NBIO Faces a Daunting Challenge

By Arun George

Abacus Storage King (ASK AU) disclosed a non-binding proposal from Ki Corporation and Public Storage (PSA US) at A$1.65 per unit, a 14.7% premium to its previously rejected offer.
The Board will grant six weeks of due diligence. While below NTA (implies P/NTA of 0.95x), the offer is reasonable compared to peer multiples and historical trading ranges.
The consortium will likely need to switch to a takeover offer as National Storage REIT (NSR AU), which holds effectively a blocking stake, is unlikely to vote in favour.

Treasure Chest: CSL Not A One-Trick Pony

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts.
Today’s idea is on CSL

Macquarie Telecom Group Ltd – The Overnight Report: US-EU Talks Calm Nerves

A global perspective on what happened overnight

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Jul 14

Daily Brief Australia: Perenti Global, Abacus Storage King, Iron Ore, National Storage REIT, Provaris Energy , Kinatico and more

By Smartkarma Daily Briefs | Australia, Daily Briefs

In today’s briefing:

ASX200 Index AdHoc Rebalance Preview: Potential Replacement for Spartan Resources (SPR AU)
Abacus Storage (ASK AU): Kirsh/Public Storage Bump And Afforded Due Diligence
Iron Ore: Mill Spreads Continue to Improve, Bullish Ore To 110 USD/Ton
National Storage REIT – The Monday Report – 14 July 2025
Provaris Energy Ltd – On the cusp of commerciality
Kinatico RaaS Interview Transcript 14 July 2025
Kinatico Ltd – Q4 SaaS revenue surpasses 50%, RaaS forecasts beat

ASX200 Index AdHoc Rebalance Preview: Potential Replacement for Spartan Resources (SPR AU)

By Brian Freitas

There will be an ad hoc inclusion for the S&P/ASX 200 (AS51 INDEX) at the close on 22 July following Spartan Resources (SPR AU)‘s acquisition by Ramelius Resources (RMS AU).
There are a couple of stocks that are trading neck and neck on average free float market cap and one of them is likely to be added to the index.
Both stocks have seen a big increase in cumulative excess volume over the last few weeks, indicative of positioning in the stock.

Abacus Storage (ASK AU): Kirsh/Public Storage Bump And Afforded Due Diligence

Two months ago, Abacus Storage King (ASK AU) announced, and subsequently rejected, a A$1.47/share NBIO, by way of a Scheme, from Nathan Kirsh’s Ki Corporation and Public Storage (PSA US)
The Kirsh-led consortium has now bumped non-binding terms 14.7% to A$1.65/share, and has been granted six weeks of due diligence.
Nathan Kirsh directly/indirectly holds a 59.47% stake in ASK. Abacus has never closed above A$1.60/share.

Iron Ore: Mill Spreads Continue to Improve, Bullish Ore To 110 USD/Ton

By Sameer Taneja

We had called iron ore Iron Ore: Small Bounce From 96 to 100 USD/Ton As China Mill Margins Turn Positive, and we are now at 99 USD/ton.
We continue to see mill margins benefit and the restock in the chain, including coking coal, which has started to move up, and forecast a gradual uptick to 110 USD/ton.
We express our bullishness through owning Fenix Resources (FEX AU), a small-cap iron ore miner (read: Fenix Resources (FEX AU): Q3 FY25 Concall Update + CZR News )

National Storage REIT – The Monday Report – 14 July 2025

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead

Provaris Energy Ltd – On the cusp of commerciality

Provaris Energy Ltd (ASX:PV1) represents a unique investment opportunity as a leveraged play on the growing shift to alternative energy and carbon reduction, particularly in Europe, but applicable on a global basis.
The keystone to production and growth is the company’s proprietary ‘storage tank’ IP, enabling greater volumes of compressed gases to transport at lower cost (‘more for less’).
The company holds a material early-mover advantage with a number of strategic partnerships and two hydrogen supply, offtake and shipping agreements expected to become unconditional over the next 12 months.

Kinatico RaaS Interview Transcript 14 July 2025

Kinatico (ASX:KYP) CEO Michael Ivanchenko discusses the company’s Q4 trading update with RaaS director Finola Burke.

Kinatico Ltd – Q4 SaaS revenue surpasses 50%, RaaS forecasts beat

Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and services.
The company has announced that total revenue in Q4 increased 15% to $8.5m, with higher-margin SaaS (Software-as-a-Service) revenue making up 52% of the total, compared with 38% of total Q4 revenue in FY24.
SaaS revenue grew 57% in the quarter on the previous corresponding period (pcp) to $4.4m and is tracking at $17.5m on an annualised basis.

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Jul 13

Daily Brief Australia: Johns Lyng and more

By Smartkarma Daily Briefs | Australia, Daily Briefs

In today’s briefing:

(Mostly) Asia-Pac M&A: Johns Lyng, New World Resources, Oneconnect, Great Eastern, VIOL

(Mostly) Asia-Pac M&A: Johns Lyng, New World Resources, Oneconnect, Great Eastern, VIOL