By Topic

WiseTech Global (ASX: WTC) – Testing the $2bn Strategic Gamble

Feb 27, 2026

Proactive Equities Team

WiseTech Global’s A$2bn acquisition of E2open has significantly boosted revenue but diluted margins and increased leverage, shifting the investment case from premium organic growth to execution-driven integration. While the long-term strategic rationale remains sound, near-term earnings pressure and higher balance sheet risk make valuation more demanding and leave little room for integration missteps.

Has PolyNovo's (ASX: PNV) share price hit the bottom yet?

Feb 27, 2026

Proactive Equities Team

PolyNovo Limited (ASX: PNV) remains a fundamentally strong, high-growth medtech, but its share price is currently testing key support around A$0.88–0.92 within a broader sideways range. While selling pressure has eased and momentum is stabilising, a confirmed bottom would require a sustained break above A$1.08; otherwise, a fall below A$0.86–0.90 could signal further downside.

Westpac Banking Corporation (ASX: WBC) – Capital Strength and Dividend Appeal in a Low-Growth Environment

Feb 26, 2026

Proactive Equities Team

Westpac Banking Corporation is a systemically important bank with a strong mortgage franchise, solid capital buffers and a fully franked dividend. With modest 3–4% earnings growth expected, current valuations look full, making it more suited to income investors than deep-value buyers.

Silver’s On the Move Again: Is Investigator Silver (IVR) Worth Another Look?

Feb 26, 2026

Proactive Equities Team

Silver has rebounded sharply after a brutal 30–40% pullback, driven by geopolitical tensions and renewed macro uncertainty. Against this backdrop, Investigator Resources Ltd (ASX: IVR) — whose share price has more than tripled over the past year — has pulled back from recent highs as traders de-risk. The key question now is whether silver’s renewed surge signals another leg higher, offering leveraged upside for IVR, or just more short-term volatility.

Ansell Limited (ASX: ANN) – Margin Recovery and Attractive Long-Term Support Zone

Feb 25, 2026

Proactive Equities Team

We argue that despite cyclical and integration risks, Ansell’s improving margins and disciplined capital execution support a stable medium-term outlook. Technically and fundamentally, the A$28–30 range appears to represent a key support zone and a potentially attractive long-term entry level, provided earnings stability is maintained.

BlueScope Steel (ASX: BSL): An Australian Industrial with U.S. Earnings Power

Feb 24, 2026

Proactive Equities Team

BlueScope is an integrated flat steel producer combining upstream steelmaking with higher‑margin, branded building products, giving it resilience across cycles. Around half of earnings are leveraged to the U.S. through North Star, where profitability depends on steel‑to‑scrap spreads rather than iron ore, providing structural margin support. In 1H FY2026, BlueScope delivered strong earnings growth despite weak HRC prices, driven by disciplined cost control and solid North American performance, underscoring its leverage to U.S. construction activity rather than pure commodity steel cycles.

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