Balanced Portfolio – Sell Silver (Take 18% Profit)
Balanced Portfolio – Sell Silver (Take 18% Profit)
Balanced Portfolio
Growth Watchlist – Earnings WiseTech Global WTC:ASX
Overall, WiseTech Global’s 1H25 results largely met or exceeded broker expectations, particularly in terms of profitability and margin expansion. However, the revenue outlook and product delays confirm some of the concerns raised by analysts. The lack of commentary on recent governance issues may leave some questions unanswered for investors.
Income/balanced Watchlist – Earnings Update Woolworths (WOW)
Woolworths (WOW) was founded in FY1924, the Company is one of Australia and NZ’s largest retailers. The Company is a Group of food and everyday needs retail businesses comprising a large and convenient store network, online shopping and complementary services and retail platforms.
Growth Watchlist – Earnings Update Steadfast Group (SDF)
Steadfast Group (ASX: SDF) has delivered a robust 1H25 performance, reinforcing its position as the largest general insurance broker network and underwriting agency group in Australasia.
Growth Watchlist – Earnings Update Johns LYNG Group Ltd (JLG)
Johns Lyng Group (JLG) reported its financial performance for the first half of the 2025 financial year (1H25), highlighting strong growth in its core business-as-usual (BaU) revenue but facing headwinds in catastrophic (CAT) revenue, leading to an overall decline in total revenue and profitability.
Income Watchlist Update – APA Group (APA)
APA Group reported an increase in underlying EBITDA of 9.1% to $1,015 million compared to 1H24. This improvement was driven by strong new asset performance, notably from the Pilbara Energy System, alongside inflation-linked tariff escalations and disciplined cost control.
Small Caps Watchlist -Earnings IPD Group (IPG)
IPD Group reported record half‐year results for the period ended 31 December 2024 (1H FY25). The Group, which recently expanded its capabilities through acquisitions (EX Engineering on 21 July 2023 and CMI Operations on 31 January 2024), posted significant revenue and earnings improvements despite some pressure on margins from complex orders and a challenging commercial construction environment.
Growth Watchlist Update – Wisetech WTC:ASX
Wisetech Global WTC:ASX
Guidance and Board Resignations
Growth Watchlist – Earnings Update Promedicus (PME)
Earnings Update – Promedicus (PME)
Growth Watchlist – Initiating coverage Steadfast SDF:ASX
Growth Watchlist – Initiating coverage Steadfast SDF:ASX