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Core

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No More Taco Collins Foods (ASX: CKF) will hand back all 27 Australian Taco Bell restaurants to Yum Brands, and is nearing the exit of a venture that failed to generate acceptable returns in Australia. The business is now entirely focused on KFC in Australia and in Europe. Germany remains a key focus growth market, where the network has grown to around 25 restaurants with a target of up to 90. Consumer spending patterns are working in Collins’ favour, as more households trade down to

Newmont

Speculative

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A Machine Running at Full Throttle Newmont delivered the most profitable quarter in its 105-year history in Q1. The stock has corrected almost 20% from the peak seen in January, as gold prices have retreated from that surge seen earlier in the year. At the time of writing, gold prices were trading at about $4,620/z, which is 5.7% lower than the average realised price of $4,900/oz enjoyed in Q1. We see scope for a period of consolidation in the gold

Capstone Copper

Speculative

high

Six Consecutive Quarters of Record Profit Capstone Copper (TSX: CS; ASX: CSC) delivered its strongest quarter on record, with EBITDA surging 83% year-on-year to US$329 million. That was achieved despite a 35-day worker strike at their Chilean mine, cutting roughly 5,000 tonnes of output. Copper sold at above the market average price of US$5.92 per pound. Full-year production guidance was unchanged, meaning the remaining three quarters should deliver materially higher volumes as the Chilean operation returns to normal. A second Chilean

Stockland Corporation

Core

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Strong Sales Setting Up 2H26 Stockland’s (ASX: SGP) March quarter delivered strong residential sales across the board. New housing lot sales rose 43% year-on-year to 2,164, with 6,721 contracts in hand. Their retirement and land lease communities recorded a quarterly sales record of 317 homes, up 162% year-on-year. Industrial and warehouse property re-leasing spreads came in at 31.1% with 96.1% occupancy. Full-year earnings guidance of 36.0-37.0 cents per share was reaffirmed, with settlements heavily weighted toward the 2H26. A 350MW data centre development in Victoria adds

Amcor

Core

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Incremental Progress Packaging giant Amcor (ASX: AMC) is making some tweaks, spending on a healthcare packaging facility in Malaysia, adding printing capacity in the Netherlands, and selling a smaller operation in Morocco to simplify the business. The 2025 acquisition of Berry Global catapulted the company into the position of the world’s largest consumer packaging group. Management has guided for solid FY earnings growth and cash flows, underpinned by synergies from the Berry integration – tracking ahead of schedule. In our last tech

Suncorp

Core

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Building a Bigger Buffer Before the Storm Suncorp (ASX: SUN) has put in place a new five-year protection plan that will shield the group from large weather-related losses, covering up to $800 million a year and $2.4 billion in total from FY27. Management says this should cap damage costs in about 90% of scenarios, free up around $100 million in capital and make profits less volatile, without changing their profit outlook, which remains at the upper end of the target range.

Woodside Energy

Core

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Solid Quarter, but the Heavy Lifting Is Still Ahead Woodside’s (ASX: WDS) March quarter ‘held the line’ as revenue rose 7% to US$3.26 billion on the back of higher oil and gas prices, which offset an 8% drop in production caused by bad weather. Full-year guidance was unchanged. Meanwhile, three major growth projects remain on schedule and on budget, with Scarborough 96% complete and targeting first exports in late 2026. The challenge is that all three projects are still absorbing heavy

Santos

Speculative

high

Full-Year Guidance Held as the Growth Engines Start Up Santos (ASX: STO) is on the verge of a significant production step-up, with two major projects moving from construction into full operation at the same time. Its Alaskan oil project is mechanically complete with first oil sales expected within weeks, targeting full output by early in the third quarter. Its offshore gas project has begun delivering its first cargoes. Full-year production guidance was unchanged, and the business generated US$383 million in free

About these archived stock reports

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