Category: 3. Business

  • Santana Minerals (ASX:SMI) Is Up 10.0% After Securing 25-Year Permit for Bendigo-Ophir Gold Project

    Santana Minerals (ASX:SMI) Is Up 10.0% After Securing 25-Year Permit for Bendigo-Ophir Gold Project

    • In recent days, Santana Minerals Limited was granted a 25-year mining permit for its Bendigo-Ophir Gold Project in Central Otago, New Zealand, giving it full legal rights to extract and process gold from the Rise & Shine and adjacent deposits.

    • This development represents a major milestone for the company, with construction poised to begin upon receiving environmental and development approvals, paving the way for potential first gold production.

    • We’ll explore how securing these long-term extraction rights could influence Santana Minerals’ overall investment narrative and future growth prospects.

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    The recent 25-year mining permit is a defining moment for Santana Minerals, as it provides the legal foundation to progress from explorer to gold producer at its Bendigo-Ophir Gold Project. Before this announcement, the main risks were regulatory hurdles and timing of approvals, which limited near-term visibility even as drilling results pointed to strong resource potential. Now, with the core extraction rights secured, the short-term focus shifts to securing environmental and development consents, a process likely to be closely watched, given its influence on the potential start of construction and future cash flows. This milestone could also accelerate strategic decision-making and shape perceptions on project de-risking, altering both risk and catalyst profiles as the company transitions toward development and, potentially, first gold production. Recent share price moves do seem to reflect the increased optimism around this step.

    Yet, despite the permit news, the pace and success of environmental approvals remains a critical piece investors should be aware of.

    Santana Minerals’ shares have been on the rise but are still potentially undervalued. Find out how large the opportunity might be.

    ASX:SMI Community Fair Values as at Nov 2025

    The Simply Wall St Community’s 7 fair value estimates for Santana Minerals range widely from A$0.20 to A$2.02 per share. While many anticipate upside, your view may hinge on how quickly construction and permitting risks resolve in light of the new mining approval. Use these diverse outlooks to see how different market participants weigh the project’s evolving risk and reward profile.

    Explore 7 other fair value estimates on Santana Minerals – why the stock might be worth over 2x more than the current price!

    Disagree with this assessment? Create your own narrative in under 3 minutes – extraordinary investment returns rarely come from following the herd.

    Our daily scans reveal stocks with breakout potential. Don’t miss this chance:

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include SMI.AX.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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  • What are Europe’s sovereign cloud/AI ambitions

    What are Europe’s sovereign cloud/AI ambitions

    Investing.com — Europe’s push for data sovereignty and artificial intelligence (AI) self-reliance is accelerating as governments and corporations seek to reduce dependence on U.S. cloud providers.

    According to a recent UBS Global Research, the European Union (EU) and its member states are promoting locally controlled digital infrastructure amid rising concerns over data privacy, geopolitical risk and access to computing power.

    The brokerage said Amazon, Microsoft and Google together account for more than 80% of Europe’s infrastructure-as-a-service (IaaS) market.

    In contrast, sovereign cloud, defined by Gartner as cloud services that ensure data, operational and technological control within European jurisdictions, represented roughly 10% of the market in 2024.

    Gartner expects this share to surge to 47% by 2028, expanding at an 86% compound annual growth rate compared with 12% for non-sovereign European IaaS.

    UBS noted that while “isolated/managed clouds are 10-20% more expensive to run than “public” cloud,” their adoption may be driven by regulation such as the GDPR, EU Data Act and European Data Governance Act.

    The EU’s proposed Cloud and AI Development Act marks a central plank in this strategy. It seeks to triple the bloc’s data centre capacity within five to seven years and mobilize €200 billion in AI investment.

    This includes a €20 billion fund to build five AI “gigafactories,” each with more than 100,000 advanced processors, and a €10 billion fund to develop over 13 smaller factories with about a quarter of that capacity.

    UBS estimated that “taking the first phase of Stargate’s Abilene project as a template would imply a capital cost of c$6-8bn per gigafactory” based on Nvidia’s H100 GPU architecture, with up to 35% of the capital expenditure potentially subsidized by the EU and member states.

    Interest among industry participants has been robust. The European Commission received 76 expressions of interest across 16 member states to host AI gigafactories, with decisions expected by the end of 2025.

    German web-hosting firm IONOS confirmed it had applied with construction group HOCHTIEF, stating its proposal aimed to “support large scale AI workloads with a fully sovereign and sustainable ecosystem.”

    Deutsche Telekom, Europe’s largest telecom operator, said it plans to partner with SAP, Nvidia and power companies such as RWE, noting, “we are trying to partner with RWE… former coal sites or nuclear power plant sites where we have water and power supply.”

    It has already announced a sovereign industrial AI cloud in Munich deploying 10,000 GPUs, an increase of 50% in Germany’s GPU capacity.

    Enterprise software group SAP remains cautious on direct investment, saying it was “not seeking a role as an operator or investor in connection with AI gigafactories,” though it will “contribute our strengths as a technology and software provider.”

    Still, its Delos sovereign cloud now offers 4,000 GPUs for AI workloads. French software firm Dassault Systèmes’ Outscale unit, which secured the SecNumCloud 3.2 certification, joined the NumSpot project alongside Bouygues Telecom and Banque des Territoires to serve the public sector.

    While Europe’s sovereign cloud market remains small, about $4 billion of the $37 billion regional IaaS market in 2024, UBS said growth is being accelerated by AI’s infrastructure demands and new funding frameworks.

    “AI advances have raised awareness of the strategic value of data,” the brokerage said, adding that digital sovereignty is no longer just a regulatory issue but an industrial priority.

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  • US Taxpayers May See ‘Record Refund Season’ In 2026 Over Trump’s ‘Big Beautiful Bill’, Says Report

    US Taxpayers May See ‘Record Refund Season’ In 2026 Over Trump’s ‘Big Beautiful Bill’, Says Report

    Citing a separate note from investment bank Piper Sandler CNBC wrote, “a record tax refund season in 2026,” with middle and upper-income households likely to benefit the most. An estimated $91 billion of tax relief could arrive between February and April 2026, with $59 billion paid via refunds and $32 billion from lower taxes owed, according to the note.

    Another report from J.P. Morgan Asset Management in August also predicted higher tax refunds for some filers based on IRS tax withholding tables staying the same, as per CNBC.

    On July 1, the US Senate passed US President Donald Trump’s tax and spending bill. The package, informally known as the “One Big Beautiful Bill”, consists of $4.5 trillion in tax cuts and $1.2 trillion in spending cuts. It also in entirety includes president’s legislative agenda in a single package, reported Bloomberg.

    The tax cut bill would avoid large tax increase for individuals at the beginning of next year when the 2,817 Trump tax cuts expire. It would also permanently extend some partly expired business tax breaks this according to the president would contribute to economic growth.

    Additionally, the bill, at President Trump’s request, adds new tax breaks from tips, car loans and overtime work. It also expands the tax breaks for parents and seniors.

    The One Big Beautiful Bill Act, or the Big Beautiful Bill, is a statute passed by the 119th United States Congress containing tax and spending policies that form the core of US President Donald Trump’s second-term agenda.

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  • FirstRand’s (JSE:FSR) investors will be pleased with their impressive 131% return over the last five years

    FirstRand’s (JSE:FSR) investors will be pleased with their impressive 131% return over the last five years

    If you want to compound wealth in the stock market, you can do so by buying an index fund. But the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, the FirstRand Limited (JSE:FSR) share price is 71% higher than it was five years ago, which is more than the market average. Over the last year the stock price is up, albeit only a modest 2.0%.

    With that in mind, it’s worth seeing if the company’s underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

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    There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.

    Over half a decade, FirstRand managed to grow its earnings per share at 20% a year. The EPS growth is more impressive than the yearly share price gain of 11% over the same period. So it seems the market isn’t so enthusiastic about the stock these days. The reasonably low P/E ratio of 10.72 also suggests market apprehension.

    The company’s earnings per share (over time) is depicted in the image below (click to see the exact numbers).

    JSE:FSR Earnings Per Share Growth November 9th 2025

    Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.

    It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of FirstRand, it has a TSR of 131% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!

    FirstRand shareholders are up 8.4% for the year (even including dividends). Unfortunately this falls short of the market return. It’s probably a good sign that the company has an even better long term track record, having provided shareholders with an annual TSR of 18% over five years. It’s quite possible the business continues to execute with prowess, even as the share price gains are slowing. It’s always interesting to track share price performance over the longer term. But to understand FirstRand better, we need to consider many other factors. For example, we’ve discovered 1 warning sign for FirstRand that you should be aware of before investing here.

    But note: FirstRand may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).

    Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on South African exchanges.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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  • J Sainsbury plc (LON:SBRY) Looks Interesting, And It’s About To Pay A Dividend

    J Sainsbury plc (LON:SBRY) Looks Interesting, And It’s About To Pay A Dividend

    It looks like J Sainsbury plc (LON:SBRY) is about to go ex-dividend in the next 3 days. The ex-dividend date is two business days before a company’s record date in most cases, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade can take two business days or more to settle. Therefore, if you purchase J Sainsbury’s shares on or after the 13th of November, you won’t be eligible to receive the dividend, when it is paid on the 19th of December.

    The company’s next dividend payment will be UK£0.151 per share, on the back of last year when the company paid a total of UK£0.14 to shareholders. Last year’s total dividend payments show that J Sainsbury has a trailing yield of 3.9% on the current share price of UK£3.492. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. We need to see whether the dividend is covered by earnings and if it’s growing.

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    If a company pays out more in dividends than it earned, then the dividend might become unsustainable – hardly an ideal situation. Its dividend payout ratio is 75% of profit, which means the company is paying out a majority of its earnings. The relatively limited profit reinvestment could slow the rate of future earnings growth. We’d be worried about the risk of a drop in earnings. Yet cash flow is typically more important than profit for assessing dividend sustainability, so we should always check if the company generated enough cash to afford its dividend. Fortunately, it paid out only 28% of its free cash flow in the past year.

    It’s positive to see that J Sainsbury’s dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut.

    View our latest analysis for J Sainsbury

    Click here to see the company’s payout ratio, plus analyst estimates of its future dividends.

    LSE:SBRY Historic Dividend November 9th 2025

    Companies with consistently growing earnings per share generally make the best dividend stocks, as they usually find it easier to grow dividends per share. If earnings fall far enough, the company could be forced to cut its dividend. That’s why it’s comforting to see J Sainsbury’s earnings have been skyrocketing, up 26% per annum for the past five years. Earnings per share are growing at a rapid rate, yet the company is paying out more than three-quarters of its earnings.

    The main way most investors will assess a company’s dividend prospects is by checking the historical rate of dividend growth. J Sainsbury’s dividend payments are broadly unchanged compared to where they were 10 years ago.

    Has J Sainsbury got what it takes to maintain its dividend payments? J Sainsbury’s growing earnings per share and conservative payout ratios make for a decent combination. We also like that it paid out a lower percentage of its cash flow. There’s a lot to like about J Sainsbury, and we would prioritise taking a closer look at it.

    On that note, you’ll want to research what risks J Sainsbury is facing. Every company has risks, and we’ve spotted 1 warning sign for J Sainsbury you should know about.

    If you’re in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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  • With 79% ownership of the shares, Distribution Finance Capital Holdings plc (LON:DFCH) is heavily dominated by institutional owners

    With 79% ownership of the shares, Distribution Finance Capital Holdings plc (LON:DFCH) is heavily dominated by institutional owners

    • Given the large stake in the stock by institutions, Distribution Finance Capital Holdings’ stock price might be vulnerable to their trading decisions

    • 52% of the business is held by the top 5 shareholders

    • Past performance of a company along with ownership data serve to give a strong idea about prospects for a business

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    If you want to know who really controls Distribution Finance Capital Holdings plc (LON:DFCH), then you’ll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 79% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).

    Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait.

    Let’s delve deeper into each type of owner of Distribution Finance Capital Holdings, beginning with the chart below.

    Check out our latest analysis for Distribution Finance Capital Holdings

    AIM:DFCH Ownership Breakdown November 9th 2025

    Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

    Distribution Finance Capital Holdings already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can’t rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It’s therefore worth looking at Distribution Finance Capital Holdings’ earnings history below. Of course, the future is what really matters.

    earnings-and-revenue-growth
    AIM:DFCH Earnings and Revenue Growth November 9th 2025

    Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. We note that hedge funds don’t have a meaningful investment in Distribution Finance Capital Holdings. Looking at our data, we can see that the largest shareholder is Watrium AS with 19% of shares outstanding. With 11% and 9.1% of the shares outstanding respectively, Janus Henderson Group plc and River Global Investors LLP are the second and third largest shareholders.

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  • Here’s What Analysts Are Forecasting For This Year

    Here’s What Analysts Are Forecasting For This Year

    BT Group plc (LON:BT.A) shareholders are probably feeling a little disappointed, since its shares fell 3.4% to UK£1.79 in the week after its latest half-year results. It was an okay result overall, with revenues coming in at UK£9.8b, roughly what the analysts had been expecting. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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    LSE:BT.A Earnings and Revenue Growth November 9th 2025

    Taking into account the latest results, BT Group’s 15 analysts currently expect revenues in 2026 to be UK£19.9b, approximately in line with the last 12 months. Statutory earnings per share are predicted to surge 53% to UK£0.15. Before this earnings report, the analysts had been forecasting revenues of UK£19.9b and earnings per share (EPS) of UK£0.14 in 2026. So the consensus seems to have become somewhat more optimistic on BT Group’s earnings potential following these results.

    Check out our latest analysis for BT Group

    There’s been no major changes to the consensus price target of UK£2.06, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock’s valuation. The consensus price target is just an average of individual analyst targets, so – it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on BT Group, with the most bullish analyst valuing it at UK£3.12 and the most bearish at UK£1.35 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

    Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would also point out that the forecast 1.1% annualised revenue decline to the end of 2026 is roughly in line with the historical trend, which saw revenues shrink 1.3% annually over the past five years By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 1.9% per year. So while a broad number of companies are forecast to grow, unfortunately BT Group is expected to see its revenue affected worse than other companies in the industry.

    The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around BT Group’s earnings potential next year. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it’s tracking in line with expectations. Although our data does suggest that BT Group’s revenue is expected to perform worse than the wider industry. The consensus price target held steady at UK£2.06, with the latest estimates not enough to have an impact on their price targets.

    Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates – from multiple BT Group analysts – going out to 2028, and you can see them free on our platform here.

    Don’t forget that there may still be risks. For instance, we’ve identified 3 warning signs for BT Group that you should be aware of.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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  • Chinese-built wind power project empowers locals, improves lives in South Africa-Xinhua

    Chinese-built wind power project empowers locals, improves lives in South Africa-Xinhua

    This photo taken on Oct. 22, 2025 shows wind turbines of De Aar Wind Power Project in De Aar, Northern Cape, South Africa.(Xinhua/Han Xu)

    by Xinhua writer Wang Lei

    CAPE TOWN, Nov. 9 (Xinhua) — On a breezy afternoon across the arid plains of South Africa’s Northern Cape Province, 31-year-old Xolani Taute stood beneath a towering white wind turbine, its blades slicing through the blue sky above the small town of De Aar.

    Once an unemployed electrician with little prospect of further study or steady work, he is now a trainee wind turbine technician — a testament to how renewable energy is transforming local lives.

    “Longyuan has changed my life in many ways,” Taute told Xinhua, his eyes lit up with excitement. “I am very proud of what Longyuan has done here in De Aar.”

    Four years ago, Taute was struggling to find work until he learned that Longyuan South Africa Renewables Ltd. (Longyuan SA), a wholly owned subsidiary of China Energy Investment Group’s (CHN Energy) Longyuan Power Group Corporation Ltd., was recruiting for its De Aar Wind Power Project. He applied and, to his surprise, was offered not just a job but a future.

    Longyuan SA sponsored his training at a technical college in Cape Town. He later received hands-on training at the De Aar wind farm before joining the company in 2023 as a wind turbine technician trainee.

    “They paid for my college and my accommodation, transport fee, food fee, everything,” Taute recalled.

    For him, the greatest benefit to local youth like him was not simply employment but the opportunity to learn and master new technology. “By teaching people, you are giving them that skill for renewable energy,” he said. “It is like an advantage for them so that in the future they can get jobs.”

    Completed in 2017, the De Aar Wind Power Project stands as a flagship example of China-South Africa cooperation under the Belt and Road Initiative.

    With an investment of about 2.5 billion RMB (about 352 million U.S. dollars) and a total installed capacity of 244.5 megawatts, it is the first wind project in Africa developed, built and operated by a Chinese power company, emerging as the largest operational wind farm in South Africa. Its 163 turbines generate roughly 770 million kilowatt-hours of clean electricity each year, powering some 300,000 South African homes and easing the country’s power shortages.

    Beyond delivering green energy, Longyuan SA has focused on “teaching people to fish” — nurturing local talent, improving livelihoods and stimulating regional growth.

    So far, the project has trained over 110 young technicians, with more than 80 percent of its workforce now composed of local employees, many of whom hold key operational and management positions. “Now I am able to support my family, and my sisters and my brothers,” said Taute. “They changed my life.”

    Thabiso Moleko, a deployment counselor with the De Aar Department of Employment and Labor, said that the wind power project has fostered skills development among local people.

    “People now are having these skills,” Moleko said. “They are not only going to use them within their company but also with other companies. That means more job creation in the future, and poverty is decreasing, leading to greater economic growth in South Africa, not only in the Northern Cape but across the country as well.”

    Longyuan SA also runs a scholarship program worth about 4.5 million rand (about 263,200 U.S. dollars) annually to help students from humble backgrounds pursue their education. So far, 390 students have benefited, including 30-year-old Daswin Basson, now a senior maintenance technician at the De Aar Project.

    “It gave me the opportunity to build my career and make something of my life when I had no financial means to do so,” Basson said. “I hope that I can continue with that work and can continue to give young people the opportunity to grow and succeed.”

    During their lunch break, Taute and Basson came to a nearby sports field — once a barren patch of dirt, now a vibrant community hub restored with funding from Longyuan SA.

    “We say that ‘a child in sport is a child out of court,’ and thus it is contributing to that. Our crime has dropped, and most of our youth are enjoying this facility,” said Ronald Faul, De Aar sports facilities supervisor.

    In a town with limited medical facilities, residents often spot a white mobile clinic bus making its rounds, which is another initiative by Longyuan SA.

    Equipped with dental and eye-care units, the bus provides free medical services to around 9,000 residents each year and has served more than 50,000 people since its launch in 2020. Nkulukelo Mazibuko, a 29-year-old optometrist on board, said the clinic is a lifeline for many.

    “Some people, especially the old people, cannot walk to the clinic. They don’t have money to go to the hospital either. When we come here, we provide service near them and it is free,” he said.

    The company’s social responsibility programs also include sponsoring local old-age homes to ensure food and care for impoverished elders, building and operating early childhood centers to provide free education for hundreds of children from low-income and special-needs families, and investing millions of rand to repair the town’s water infrastructure, replacing aging pipes and cleaning reservoirs to secure safe drinking water for more than 2,000 residents.

    “De Aar has really, really, really benefited so much,” said Moleko. “In the future, as a resident of the Northern Cape myself, we are really hoping to work hand in hand with the company, and we really want to see a big collaboration, want to see people working, want to see a better De Aar, want to see a better South Africa.”

    An aerial drone photo taken on Oct. 22, 2025 shows a substation of De Aar Wind Power Project in De Aar, Northern Cape, South Africa. (Xinhua/Han Xu)

    Thabiso Moleko, a deployment counselor with the De Aar Department of Employment and Labor, speaks during an interview with Xinhua in De Aar, Northern Cape, South Africa, Oct. 23, 2025. (Xinhua/Han Xu)

    Daswin Basson poses for a photo at a substation of De Aar Wind Power Project in De Aar, Northern Cape, South Africa, Oct. 22, 2025.(Xinhua/Han Xu)

    A teacher interacts with children at an early childhood education center operated by Longyuan South Africa Renewables Ltd. in De Aar, Northern Cape, South Africa, Oct. 22, 2025.(Xinhua/Han Xu)

    This photo taken on Oct. 22, 2025 shows a mobile clinic bus purchased by Longyuan South Africa Renewables Ltd. in De Aar, Northern Cape, South Africa.(Xinhua/Han Xu)

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  • Assessing Valuation After Today’s 2% Share Price Uptick

    Assessing Valuation After Today’s 2% Share Price Uptick

    PagerDuty (PD) shares edged up around 2% today, catching some attention among software investors. While there was no major news announcement, the stock’s modest bump stands out, especially given its recent underperformance this year.

    See our latest analysis for PagerDuty.

    PagerDuty’s 2% share price lift today brings a small but welcome uptick, considering its 2024 performance has been disappointing, with a year-to-date share price decline of nearly 14% and a 12-month total shareholder return loss of over 22%. While that hints at momentum still struggling to recover, the latest move may reflect shifting sentiment or a growing sense that the risk/reward balance is starting to look more attractive in light of recent results and sector dynamics.

    If PagerDuty’s momentum has you rethinking your strategy, it could be the right moment to broaden your perspective and uncover fast growing stocks with high insider ownership

    But with shares trading at a notable discount to analyst targets and recent earnings growth outpacing revenue, is PagerDuty now undervalued or is the market already factoring in any turnaround? Could this be an overlooked buying opportunity?

    The most popular narrative sees PagerDuty’s fair value at just above $19, compared to a last close of $15.49. This suggests the consensus believes the market is still missing some upside. With the current price notably below projected value, investors are left to weigh whether improving earnings prospects will be realized.

    The rapid growth in usage and complexity of digital infrastructure, especially within AI-native and large enterprise customers, along with record platform utilization (over 25% year-over-year growth), points to rising demand for PagerDuty’s core incident management and automation offerings. These trends can drive strong future recurring revenue as digital transformation accelerates globally.

    Read the complete narrative.

    Want to see why analysts are backing this higher valuation? The secret is a bold earnings turnaround, surging adoption, and a powerful margin shift that underpin the entire narrative. What are the underlying assumptions shaping this outlook? Dig into the details to uncover the full story driving this ambitious price target.

    Result: Fair Value of $19.14 (UNDERVALUED)

    Have a read of the narrative in full and understand what’s behind the forecasts.

    However, unexpected customer downgrades or rising competition could quickly weaken the case for a sustained rebound in PagerDuty’s share price.

    Find out about the key risks to this PagerDuty narrative.

    If you see things differently or want to dig deeper on your own terms, you can craft a personalized take on PagerDuty’s outlook in just minutes. Do it your way

    A good starting point is our analysis highlighting 5 key rewards investors are optimistic about regarding PagerDuty.

    If you are eager for other opportunities or want to expand your portfolio, don’t let fresh ideas pass you by. The smartest investors keep looking forward.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include PD.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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  • Assessing Brookfield Business Partners (NYSE:BBU) Valuation After Recent Share Price Volatility

    Assessing Brookfield Business Partners (NYSE:BBU) Valuation After Recent Share Price Volatility

    Brookfield Business Partners (NYSE:BBU) stock’s movement over the past month has caught the attention of investors, with shares gaining roughly 26% in the past 3 months despite some recent volatility. Many are weighing the company’s long-term prospects in comparison with shorter-term trends.

    See our latest analysis for Brookfield Business Partners.

    Brookfield Business Partners has delivered a strong 31% year-to-date share price return. However, recent bouts of volatility brought a sharp pullback this past week. Even with these short-term swings, the company’s one-year total shareholder return of 25% shows momentum is still on its side and suggests confidence in its long-term strategy is building.

    If recent market action has sparked your curiosity, now is a great time to broaden your scope and discover fast growing stocks with high insider ownership

    With shares trading around $31, about 22% below the average analyst price target, investors must now decide whether Brookfield Business Partners represents an undervalued opportunity or if the market has already priced in future growth expectations.

    Brookfield Business Partners is trading at a price-to-sales ratio of only 0.2x, significantly lower than both its closest peers and broader industry benchmarks. With the share price at $31.04, investors are paying less per dollar of revenue than is typical for this sector.

    The price-to-sales (P/S) ratio indicates how much investors are willing to pay for each dollar of a company’s sales. For capital goods and industrial businesses, this metric is valuable because it sidesteps profitability issues and focuses on the company’s core revenues, a fundamental driver in industries with fluctuating earnings or in turnarounds.

    This deeply discounted multiple suggests that the market is skeptical about Brookfield Business Partners’ ability to convert sales into sustainable profitability, especially since the company is currently unprofitable. However, it also hints at a potential opportunity if the business can execute a turnaround or improve margin performance.

    Compared to the global Industrials average of 0.8x and peer group average of 1.2x, Brookfield Business Partners’ P/S ratio stands out as particularly low. This level marks a material discount, which could narrow if the company demonstrates more consistent results or sector sentiment shifts.

    See what the numbers say about this price — find out in our valuation breakdown.

    Result: Price-to-Sales of 0.2x (UNDERVALUED)

    However, persistent unprofitability and ongoing market skepticism could continue to weigh on the stock. This may limit its upside even if revenues remain strong.

    Find out about the key risks to this Brookfield Business Partners narrative.

    Looking at Brookfield Business Partners through the lens of our DCF model offers a strikingly different perspective. This method estimates the company is worth significantly more and values the stock at $135.18 compared to its current price of $31.04, suggesting it may be deeply undervalued right now. If both approaches produce such varied results, which story should investors trust?

    Look into how the SWS DCF model arrives at its fair value.

    BBU Discounted Cash Flow as at Nov 2025

    Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Brookfield Business Partners for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 874 undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match – so you never miss a potential opportunity.

    If you want to dig deeper, question these conclusions, or bring your own insights to the table, you can craft a personalized narrative in just a few minutes. Do it your way

    A great starting point for your Brookfield Business Partners research is our analysis highlighting 1 key reward and 1 important warning sign that could impact your investment decision.

    Step ahead of the crowd by finding emerging opportunities and smart alternatives on Simply Wall Street’s powerful Screener. Your next winning idea could be just one click away.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include BBU.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

    Continue Reading