EVT: QT Auckland Deal, Bigger Growth Plan
EVT (ASX: EVT) shares slipped 2% last week despite announcing the acquisition of QT Auckland for NZ$87.5 million (~A$76 million). The 150-room premium lifestyle hotel in Auckland's Viaduct precinct has won multiple industry awards since opening in 2020. For investors watching Australia's tourism recovery, the question is whether…
Consumer
This article outlines 5 ASX Predictions for 2026 that Stocks Down Under puts its neck on the line to assert will happen. It has become an annual tradition of ours, and some of these calls we get right, others we don't. Arguably our boldest call in suggesting ANZ would be the best performing big 4…
Bapcor (ASX: BAP) jumped 14 per cent to A$2.02 on Thursday after announcing CEO Angus McKay has resigned, just 16 months into the job. The market's reaction tells you everything about how investors felt. When a stock rallies by double digits because the boss is leaving, it means shareholders wanted a change. The question now…
Investors are probably pondering the Stocks to Buy if the RBA raises rates. Because while a rate hike is not a given, it is certainly more likely than a cut right now. The warning calls have included inflationary data rising again and a couple of the banks now forecasting rate hikes, as early as February.
It…
Peter Warren Automotive (ASX:PWR) has not had the best tenure on the ASX with its market cap of <$300m - a far cry from its all time peak of >$500m. But after bottoming out in March 2025, shares have been on the upwards ever since. And while its performance has lagged its peers, we think…
Relief Rally at Myer
Myer (ASX:MYR) has had a tough year, falling 62%, but investor sentiment showed early signs of recovery today with shares up 10% following the company’s board presentation. The trading update offered a glimmer of momentum heading into FY26, with total sales for the first 19 weeks of 1H26 up 3 percent,…
Medibank Private shares took a big hit nearly 3 years ago due to the infamous cyber breach. Investors who chose to buy the dip and have held ever since have done quite well - shares rallied 80% in the following 3 years.
But shares have fallen over 12% since August, when it released its FY25 results.…
Costco (NDQ:CST) is a unique supermarket provider. It is arguably most famous for its quarter-pound all-beef hot dog and 20oz soda combo for US$1.50 at its food courts, a combo that was sold over 245m times in FY25 at a price unchanged since 1985. Now, CostCo is unique in the eyes of investors because it…
On Monday December 22, the ASX quarterly rebalance will be effective. Stocks will be promoted into new indices, while others will be demoted. It is important to note from the outset the June and December rebalances only involve the ASX 50, ASX 100 and ASX 200 indices whilst the March and September rebalances also involve…
Step One Falls Flat
Step One (ASX: STP) experienced a heavy re-rating today, falling 35% in a single session. That is a substantial hit for any investor owning shares. The catalyst was the release of its H126 trading update, and the numbers came in well below expectations. Revenue is now forecast to land between A$30…
