Daily Market Reports | Aug 19 2025
An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities.
In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Australian Broker Call *Extra* Edition, featuring additional sources of research and insights on ASX-listed stocks, also enlarging the number of stocks that make up the FNArena universe.
One key difference is the *Extra* Edition will not be updated daily, but merely "regularly" depending on availability of suitable quality content. As such, the *Extra* Edition tries to build a bridge between daily updates via the Australian Broker Call Report and ad hoc news stories, that are not always timely for investors hungry for the next information update.
Investors using the *Extra* Edition as a source of input for their own share market research should thus take into account that information after publication may not be up to date, or yet awaiting another update by FNArena's team of journalists.
Similar to The Australian Broker Call Report, this *Extra* Edition includes concise but limited reviews of research recently published by Stockbrokers and other experts, which should be considered as information concerning likely market behaviour rather than advice on the securities mentioned. Do not act on the contents of this Report without first reading the important information included at the end of this Report.
The Australian Broker Call *Extra* Edition is a summary that has been prepared independently of the sources identified. Readers will check the full text of the recommendations and consult a Licenced Advisor before making any investment decision.
The copyright of this Report is owned by the publisher. Readers will not copy, forward or disseminate this Report to any other person. For more vital information about the sources included, see the bottom of this Report.
COMPANIES DISCUSSED IN THIS ISSUE
Click on a symbol for fast access.
The number next to the symbol represents the number of brokers covering it for this report -(if more than 1)
ANZ ASX COF (2) COH (2) HDN IGO INR MGR NAB NUZ RXL SKT STK WEB WIA
SKT SKY NETWORK TELEVISION LIMITED
Print, Radio & TV - Overnight Price: $2.60
Jarden rates ((SKT)) as Overweight (2) -
Ahead of SKY Network Television's FY25 result on August 22, Jarden notes the company has delivered on dividends thanks to lower capital intentity as earnings growth has been in decline.
The company's FY25 revenue guidance at midpoint is flat vs FY23 and compared with the original 3-4% growth ambition. The broker is forecasting a -1.5% decline vs FY23 for TV subscriber revenue.
The outlook for FY26 hinges on cost controls, especially rugby rights, synergies from Discovery integration and stabilisation of subscriber growth and average revenue per user.
Overweight. Target price NZ$3.15.
This report was published on August 15, 2025.
Current Price is $2.60. Target price not assessed.
The company's fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 19.18 cents and EPS of 28.22 cents.
At the last closing share price the estimated dividend yield is 7.38%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 9.21.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 27.40 cents and EPS of 35.08 cents.
At the last closing share price the estimated dividend yield is 10.54%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 7.41.
This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
STK STRICKLAND METALS LIMITED
Mining - Overnight Price: $0.14
Canaccord Genuity rates ((STK)) as Speculative Buy (1) -
Canaccord Genuity notes Strickland Metals is rapidly de-risking Rogozna with strong exploration success and positive metallurgy.
The project has attracted further attention from Zijin, who increased the stake to 3.3% from 2.4% via a subsidiary.
With a maiden Gradina resource due in late 2025 and assays pending, the broker believes the company offers a leveraged exposure to one of Europe’s gold-copper growth stories.
Speculative Buy. Target rises to 43c from 42c on positive impact on valuation after Yandal gold project divestment.
This report was published on August 15, 2025.
Target price is $0.43 Current Price is $0.14 Difference: $0.29
If STK meets the Canaccord Genuity target it will return approximately 207% (excluding dividends, fees and charges).
The company's fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 0.00 cents.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.00 cents.
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
WEB WEB TRAVEL GROUP LIMITED
Travel, Leisure & Tourism - Overnight Price: $4.42
Canaccord Genuity rates ((WEB)) as Buy (1) -
Canaccord Genuity has a cautious view on Web Travel in the short term but reiterates its longer term view of market share gain and growth materially faster than the industry.
The broker believes 24% y/y increase in total transaction value (TTV) year-to-date is likely but growth for FY26 requires a moderation to reflect weaker activity in Europe. Accordingly, it cut FY26-28 TTV forecast by -1.7%.
FY26 revenue and margin forecasts were also trimmed, along with a cut to FY27 revenue. FY26 EPS forecast was trimmed by -9.4% and FY27 by -17%.
Buy. Target cut to $5.45 from $6.70.
This report was published on August 15, 2025.
Target price is $5.45 Current Price is $4.42 Difference: $1.03
If WEB meets the Canaccord Genuity target it will return approximately 23% (excluding dividends, fees and charges).
Current consensus price target is $6.28, suggesting upside of 42.0%(ex-dividends)
The company's fiscal year ends in March.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 25.10 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 17.61.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 27.0, implying annual growth of -48.2%.
Current consensus DPS estimate is 1.6, implying a prospective dividend yield of 0.4%.
Current consensus EPS estimate suggests the PER is 16.4.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 10.40 cents and EPS of 30.80 cents.
At the last closing share price the estimated dividend yield is 2.35%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 14.35.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 35.1, implying annual growth of 30.0%.
Current consensus DPS estimate is 2.3, implying a prospective dividend yield of 0.5%.
Current consensus EPS estimate suggests the PER is 12.6.
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
WIA WIA GOLD LIMITED
Gold & Silver - Overnight Price: $0.32
Petra Capital rates ((WIA)) as Buy (1) -
Petra Capital brought forward its forecast for first gold production at WIA Gold's Kokoseb project by one year to 1H29. This followed an upgrade in resource to 2.93Moz in July.
The broker notes a scoping study is due in September and the company plans to move immediately to definitive feasibility study with completed aimed by mid-2026.
Buy. Target rises to 41c from 34c (was 32c in June).
This report was published on August 18, 2025.
Target price is $0.41 Current Price is $0.32 Difference: $0.09
If WIA meets the Petra Capital target it will return approximately 28% (excluding dividends, fees and charges).
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Disclaimer:
The content of this information does in no way reflect the opinions of FNArena, or of its journalists. In fact we don't have any opinion about the stock market, its value, future direction or individual shares. FNArena solely reports about what the main experts in the market note, believe and comment on. By doing so we believe we provide experienced, intelligent investors with a valuable tool that helps them in making up their own minds, reading market trends and getting a feel for what is happening beneath the surface.
This document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation to buy any security or other financial instrument. FNArena employs very experienced journalists who base their work on information believed to be reliable and accurate, though no guarantee is given that the daily report is accurate or complete. Investors should contact their personal adviser before making any investment decision.