Newsletter

Industrials

Symal Group (ASX:SYL) Rises 8% as Shamrock Deal Adds Scale and Defence Exposure

KEY POINTS Symal (ASX:SYL) shares rose around 8% to A$2.92 after announcing the Shamrock Civil acquisition. Shamrock earns over A$220 million a year, and more than 70% of its pipeline is tied to defence work. Symal is paying A$51 million upfront, and the deal is expected to lift earnings per share in…

ByUjjwal MaheshwariJune 17, 2026

Southern Cross Electrical (ASX:SXE) raises A$150m, lifts FY27 EBITDA to A$100m

Southern Cross Electrical (ASX:SXE) raises A$150m, upgrades FY26 EBITDA to A$75m and initiates FY27 guidance at A$100m on data centre awards.

ByCharlie YouldenJune 15, 2026

Atlas Arteria (ASX:ALX) toll road as IFM takeover bid nears its June 11 deadline

Atlas Arteria (ASX:ALX): Should You Accept or Reject IFM’s $4.75 Bid Before June 11?

Atlas Arteria Fights IFM Takeover Bid Atlas Arteria (ASX:ALX) shares edged up to A$5.06 on Tuesday, and that small move matters more than it looks. The toll-road operator is at the centre of a hostile takeover fight with its largest shareholder, IFM Investors. With the offer due to close on 11 June, securityholders are being…

ByUjjwal MaheshwariJune 2, 2026

Tasmea (ASX:TEA) buys electrical contractor Maxim for A$254m at just 5.4x EBIT

Tasmea (ASX:TEA) is acquiring Maxim Group for up to A$254 million at 5.4x EBIT, delivering 31% EPS accretion and a data centre platform.

ByCharlie YouldenJune 2, 2026

SRG Global (ASX:SRG) books A$1.85b of contracts and lifts FY27 above consensus

SRG Global (ASX:SRG) has secured A$1.85b of new contracts, upgraded FY26 EBITDA and initiated FY27 guidance above market consensus.

ByCharlie YouldenJune 2, 2026

Is the Goodman Group (ASX:GMG) Share Price a Buy After Its Q3 Data-Centre Update?

Goodman Group (ASX:GMG) gave investors a fresh look at its business on Tuesday, and the numbers were solid. The company is racing to build data centres for the AI boom, and its update showed that the pipeline is getting bigger. Yet the shares barely moved, falling as much as 4% during the day before recovering…

ByUjjwal MaheshwariMay 27, 2026

Qantas’ Project Sunrise Is Delayed Again! But Shares Rose 5% Today And Here’s Why

Today Qantas investors heard of yet another delay to Project Sunrise, but they didn't seem to care - in fact shares rose 5% today. Maybe they missed it. After all, it did not come from Qantas at all, It came from Airbus. So perhaps investors missed that the manufacturer confirmed that the first A350‑1000ULR delivery would…

ByNick SundichMay 25, 2026

Service Stream (ASX:SSM) buys RIE Group in A$6.5m energy transition bolt-on

Service Stream (ASX:SSM) will acquire Queensland-based RIE Group for up to A$8m, adding high-voltage industrial services capability tied to the energy transition.

ByMarc KennisMay 25, 2026

Monadelphous (ASX:MND) Wins A$120m in Contracts and Is Up 72%: Is It Still a Buy?

Monadelphous Wins A$120m in New Contracts Monadelphous Group (ASX: MND) has quietly become one of the ASX's standout industrial performers, with the stock up around 72% over the past 12 months while the broader market rose just 3%. The latest lift came this week, when the engineering services group announced roughly A$120 million in new…

ByUjjwal MaheshwariMay 23, 2026