ASX soars 10 per cent over the last financial year

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News.com.au
2 hours ago
- News.com.au
Stock Tips: One expert makes a Sigma call, Aussie Broadband connects with another
It's no easy gig analysing share prices and company performance but somebody's got to do it. Every week two experts from our Share Tips columnist pool give us their recommendations. Toby Grimm – Baker Young Limited BUY Sigma Healthcare (ASX:SIG) Sigma's merger with Chemist Warehouse created Australia's dominant vertically integrated pharmacy group with a high growth outlook given our ageing population and wellness trends. Pinnacle Investment (ASX:PNI) Pinnacle should benefit significantly from the market's rally back to all-time highs with base and performance fees likely to exceed recently downgraded expectations. HOLD South32 (ASX:S32) The company's quarterly production update showed encouraging operational performance, and we note the Hermosa project in the US could be a tier one asset given supportive US critical mineral security policy. Woodside Energy Group (ASX:WDS) Alongside a relatively impressive quarterly output report, Woodside has confirmed key development projects are on track reducing risk and improving free cash flow available for distributions. SELL AMP (ASX:AMP) Recent share price appreciation underestimates continued competitive challenges and continuing investment needs. Combined with sub-optimal bank operations we see risks of setbacks and would be exiting. Helia Group (ASX:HLI) The loss of Commonwealth Bank and potentially ING mortgage insurance contracts (combined worth more than half the business' premiums in 2024) underscores a lack of competitive advantage and growth. Tony Paterno – Ord Minnett BUY Aussie Broadband (ASX:ABB) Remains well placed to grow market share as consumers trend to higher speed tiers and the NBN's fibre upgrade program rolls out. ARB Corporation (ASX:ARB) Australian new vehicles sales increased by 2.4% in Jun-25. ARB's key vehicle sales increased 15.0% in June, with the SUV and LCV market both lifting. HOLD Bapcor (ASX:BAP) After the recent strategy day, the company's key messages are on business simplification, continuing cost initiatives and improving retail operations. It expects operational improvements following headcount reductions and warehouse consolidation. Brickworks (ASX:BKW) Demand for BKW's Industrial property developments remain solid, with further growth in rental income expected. In Australia, recent rate cuts are expected to translate into improved housing activity late in 2025. SELL Evolution Mining (ASX:EVN) EVN delivered a slightly softer quarter result (higher capex), whilst the outlook showed higher costs. Trading expensive at these levels. Lynas (ASX:LYC) We believe the optimistic LYC share price rise since the MP Materials & DoD deal is misplaced. We don't believe they will benefit and the US has gone all-in on its domestic producer.

Sky News AU
9 hours ago
- Sky News AU
‘Australians should be worried': Labor's economic reform roundtable is ‘bonkers'
LNP Senator James McGrath discusses how Australians should be worried about Labor's economic reform roundtable, saying it is 'bonkers' and will only produce 'hair-brained ideas'. 'Australians should be worried,' Mr McGrath told Sky News host Steve Price. 'Those who own their own homes, are of pensionable age, should be worried about organisations, so-called think-tanks, like the Grattan Institute coming up with quite frankly hair-brained ideas like this. 'This is bonkers.'

Sky News AU
a day ago
- Sky News AU
Donald Trump arrives in Scotland amid anti-Trump protestors in Edinburgh
Sky News contributor Sophie Elsworth discusses US President Donald Trump arriving in Scotland to talk trade and tour his golf properties. 'He spoke briefly on the tarmac at Prestwick Airport and basically said that Britain and Europe has to stop this horrible invasion with the legal migrants,' Ms Elsworth told Sky News Australia. 'He's got four days ahead of him with several meetings here in Scotland. 'There's also protests scheduled by anti-Trump protestors here across Scotland.'