Hi Adel,
Two stocks that recently came across our radar, with more work to do on both.
Kelsian Group (KLS) $6.00 – This tourism and transport business has struggled under the same combined issue of labour shortages and rising wages that has plagued many, at this stage we would rate it as Neutral with the stock having made no meaningful progress all year.
Ventia Services Group (VNT) $2.69 – This infrastructure services company’s stock hasn’t really moved after its initial ~25% rally post listing in late 2021. This $2.3bn business initially screens well trading on a conservative 12.3x valuation while it yields over 6% of which 80% is fully franked. The stock delivered revenue in excess of $5bn in 2022 and we can see this sleeping giant catching investors attention in the months/quarters ahead i.e. MM is neutral to bullish on VNT.
We will likely write about both in the future.