FINANCIAL NEWS

ikeGPS Positioned For Multi-Decade Tailwinds
Sales of ikeGPS Group’s suite of products are benefitting from structural trends. New research explains these tools remain critical for a range of large customers, with the current focus on North America
12:33 PM
Weekly Update On LICs & LITs – 08-Jul-2025
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
11:00 AM
Pinnacle’s Ready For New Highs
Pinnacle Investment Management is back on the radar of Fairmont Equities’ Michael Gable with current consolidation seen setting the share price up for a move higher
10:30 AM
Uranium Week: U3O8 Spot Price Poised To Fall
After all of the good news in June, uranium equities might be heading for consolidation as the U308 spot price slips on Sprott completing its buying
10:00 AM
The Overnight Report: Tariff Truce’s Soft Extension
A global perspective on what happened overnight
8:42 AM
Bell Potter rates AL3 as Speculative Buy

Bell Potter considers the receipt of a Letter of Intent (LOI) from the US Navy as a strategically important development for AML3D. The Navy plans to collaborate with the company on several key additive manufacturing initiatives.
AML3D’s Arcemy technology has been identified as pivotal to meeting the US Navy’s forecast of 100 system installations, highlight the analysts. Arcemy is a line of large-format, industrial metal 3D printers based on Wire-arc Additive Manufacturing.
The company is expected to contribute to the supply of around 400 components in 2026, rising to 1,600 by 2030, notes the broker. Management will be regularly briefed on demand forecasts to support an expansion of US production capacity.
Bell Potter also notes the recent opening of AML3D’s new advanced manufacturing facility in Ohio on June 20.
There are no changes to financial forecasts, as the broker had already factored in increased system sales to the US maritime sector. However, the LOI has prompted a reduction in the applied WACC to 10.1% and an increase in the EV/Revenue multiple to 7.5 times.
Bell Potter retains a Speculative Buy rating and raises the target to 35c from 30c.
Morgans rates AQZ as Buy

Alliance Aviation Services' sale of 12 surplus E190 engines to Beautech for around $60m has happened quicker than anticipated. Morgans' expected the entire transaction to take place in FY26, but 10 of the 12 engines will be delivered in FY25, reducing net debt and generating free cash flow.
The broker now expects FY25 net debt at $390m vs $428.5 previously and left the FY26 forecast unchanged.
With further debt reduction plans for FY26 and capex requirement for 10 additional E190 aircrafts, the analyst now thinks the company will have to monetise some of the incoming aircraft, leading to lower net profit.
Buy. Target cut to $3.80 from $3.90 after FY26-27 net profit before tax forecasts cut by -3.3% and -0.9%, respectively.
Citi rates BRG as Neutral

Citi regards Breville Group's official launch in China via a digital-only strategy for the coffee category as positive, but doesn't believe it will turn into a meaningful opportunity. This is because the coffee category in China is only a small proportion (2% in volume terms) of the overall small kitchen appliance market.
The broker sees more opportunity in the cooking and food preparation categories, though a headwind would be a higher concentration of competitor brands vs the US market.
Neutral. Target unchanged at $38.20.
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ANALYSIS & DATA
FNARENA'S MARKET CONSENSUS FORECASTS
To display the stock analysis for a company please enter the company code:
ANZ | ANZ GROUP HOLDINGS LIMITED
Abbreviated format - see the full version here
LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
---|---|---|---|
$30.13 07 Jul |
OPEN $30.25 |
HIGH $30.42 | 3,493,438 LOW $29.90 |
TARGET | |||
$26.668-11.5% downside | |||
Franking for last dividend paid out: 100% |
Title | FY23 Actual | FY24 Actual | FY25 Forecast | FY26 Forecast |
---|---|---|---|---|
EPS (cps) | xxx | 218.0 | 227.8 | xxx |
DPS (cps) | xxx | 166.0 | 155.8 | xxx |
EPS Growth | xxx | - 8.0% | 4.5% | xxx |
DPS Growth | xxx | - 5.1% | - 6.1% | xxx |
PE Ratio | xxx | N/A | 13.3 | xxx |
Dividend Yield | xxx | N/A | 5.1% | xxx |
Div Pay Ratio(%) | xxx | 76.2% | 68.4% | xxx |
DAILY FINANCIAL NEWS
ikeGPS Positioned For Multi-Decade Tailwinds
Sales of ikeGPS Group’s suite of products are benefitting from structural trends. New research explains these tools remain critical for a range of large customers, with the current focus on North America
12:33 PM - Small Caps
Pinnacle Investment Management is back on the radar of Fairmont Equities’ Michael Gable with current consolidation seen setting the share price up for a move higher
10:30 AM - Technicals
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Jul 07 2025 - International
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Jul 07 2025 - Small Caps
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Jul 05 2025 - Australia
Freshly ASX-listed Greatland Resources is seen as a standout among junior resource companies. Now it’s up to management to deliver on the upside potential
Jul 04 2025 - Commodities
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RUDI'S VIEWS
Rudi’s View: Charter Hall, Droneshield, Pinnacle, WiseTech & More
Update on changes to and revisions of analysts’ Best Ideas and Conviction Calls, as well as Model Portfolio compositions
Jul 03 2025
DAILY MARKET REPORTS
The Overnight Report: Tariff Truce’s Soft Extension
A global perspective on what happened overnight
8:42 AM
ASX Winners And Losers Of Today – 07-07-25
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Jul 07 2025
Australian Broker Call *Extra* Edition – Jul 07, 2025
Extra Edition of the Broker Call Report
Jul 07 2025
The Monday Report – 07 July 2025
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead
Jul 07 2025
ASX Winners And Losers Of Today – 04-07-25
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Jul 04 2025
WEEKLY REPORTS
Weekly Update On LICs & LITs – 08-Jul-2025
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
11:00 AM
Uranium Week: U3O8 Spot Price Poised To Fall
After all of the good news in June, uranium equities might be heading for consolidation as the U308 spot price slips on Sprott completing its buying
10:00 AM
Australian Listed Real Estate Tables – 07-07-2025
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
Jul 07 2025
Weekly Ratings, Targets, Forecast Changes – 04-07-25
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Jul 07 2025
Next Week At A Glance -7-11 Jul 2025
A brief look at important company events and economic data releases next week
Jul 04 2025
Weekly Top Ten News Stories – 4 July 2025
Our top ten news stories from 26 June 2025 to 03 July 2025
Jul 04 2025
In Case You Missed It – BC Extra Upgrades & Downgrades – 04-07-25
A summary of the highlights from Broker Call Extra updates throughout the week past
Jul 04 2025
In Brief: Austal, Superloop, Motorcycle Holdings & Nanosonics
Structural growth and challenges are in focus this week for In Brief’s stock snacks with those companies benefitting from longer term trends or impeded by uncertainty
Jul 04 2025
The Short Report – 03 Jul 2025
FNArena’s weekly update on short positions in the Australian share market
Jul 03 2025
THE MARKETS
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FNARENA WINDOWS
Window on IT & SUPPORT
ikeGPS Positioned For Multi-Decade Tailwinds
Sales of ikeGPS Group’s suite of products are benefitting from structural trends. New research explains these tools remain critical for a range of large customers, with the current focus on North America
12:33 PM
Window on WEALTH MANAGEMENT & INVESTMENTS
Weekly Update On LICs & LITs – 08-Jul-2025
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
11:00 AM
Window on WEALTH MANAGEMENT & INVESTMENTS
Pinnacle’s Ready For New Highs
Pinnacle Investment Management is back on the radar of Fairmont Equities’ Michael Gable with current consolidation seen setting the share price up for a move higher
10:30 AM
GEN AI
Investing In AI & Growth; A Personal Experience
A personal experience about picking winners in today’s emerging megatrends
Jul 07 2025