Australasian Equities

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Australasian Equities

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Speculative

high

Filling Spare Capacity on the Cheap Evolution Mining (ASX: EVN) has agreed to buy a smaller miner, Carnaby, using its own shares rather than cash. The plan is to feed Carnaby’s high-quality ore into an existing processing plant that already has spare capacity, adding extra copper output at a low cost. However, first production is still years away, with more study, approvals and a shareholder vote needed before the deal is even finalised in November. Evolution’s own share price barely moved

Santos

Speculative

high

Turning the Corner on a Rocky Start Santos’ (ASX: STO) two newest projects are finally moving past their teething problems. One gas project off northern Australia is now running at 97% of its target output, while a new oil project in Alaska is ramping up towards full capacity. This should lift total output by 20 to 30% in the second half of the year. Prices for the gas Santos sells have also picked up, with a delay in how contracts are

Paladin Energy

Speculative

high

Full Steam Ahead in Namibia Paladin Energy’s (ASX: PDN) Namibian mine has now moved past the startup phase into full production. The mine finished the year producing near the top of its target range while keeping costs low, and shares jumped on the news. Next year’s output is expected to grow further, with pricing tied to contracts that could rise well above current market rates. The company holds a healthy cash buffer, and a separate project in Canada is progressing through

Generation Development Group

Core

medium

Three Businesses, One Winning Streak Generation Development Group (ASX: GDG) reported a strong FY26 across its three main businesses, with total client money under management jumping 36% to $46.4 billion. The group’s life insurance-style savings product brought in a record $442 million in new money over the quarter, up 39%, while the portfolio management arm grew 37% to $40.5 billion. Meanwhile, a new partnership widens distribution of their savings product, and the research arm continues to grow its list of rated investment

Stockland Corporation

Core

medium

Sharing the Load, Keeping the Reins Australian REIT Stockland (ASX: SGP) despite bringing in outside investors to help fund warehouse and shopping centre projects, freeing up capital while keeping control of day-to-day management. The recently announced deal will add $438 million worth of warehouse sites to a partnership with UK-based investor M&G, taking that joint venture to $900 million. A majority stake in three supermarket-anchored shopping centres was sold to Morgan Stanley. Stockland keeps a minority share in both portfolios, and will

Amcor

Core

medium

All Eggs in the Growth Basket Amcor (ASX: AMC) is expanding a factory in China, adding new leadership to their North American arm, and working with Mondelez to use more recycled plastic in packaging for products like Cadbury Mini Eggs. These are sensible long-term moves but will take time, with the China factory not finishing until 2027 and the North American plans still bedding in new sites and equipment. Returns from both projects will depend on demand and execution over the next year or two. With

JPMorgan Emerging Markets Research Enhanced Index Equity Active ETF

Speculative

high

Waiting for the Right Time The JPMorgan Emerging Markets Research Enhanced Index Equity Active ETF (ASX: JEME) invests in emerging market companies, with a heavy focus on the businesses making chips that power artificial intelligence. One of the ETF’s biggest holdings, chipmaker TSMC, recently posted a huge jump in profit and raised the outlook for the rest of the year. Combined with similar bets on Samsung and SK Hynix, this focus has helped the ETF fund outperform the broader emerging markets index over

HUB24

Core

medium

Advisers Keep Coming Back for More HUB24 (ASX: HUB) notched up a record year with $18.9 billion, with a 20% surge in new money added on the platform taking FUM to $164.3 billion. This growth came from everyday financial advisers gradually moving more new clients onto the platform, rather than large one-time transfers, as happened in prior periods. HUB24 ranked first for new money attracted for the tenth quarter running and earned the highest satisfaction score from advisers in a major industry survey. New retirement

About these archived stock reports

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