Group 1 - Zanaga Iron Ore Co Ltd has signed a binding term sheet with Red Arc Minerals worth up to $25 million to fund engineering work at the Zanaga project in the Republic of Congo, potentially leading to a final investment decision without diluting shareholders [1] - Sunda Energy PLC has secured up to £1.5 million in unsecured funding from its chief executive while pursuing a potential acquisition and working to advance its Timor-Leste gas project [1] - AFC Energy PLC has entered a joint development deal with Komatsu valued at around $2 million to test ammonia as a cleaner alternative to diesel for powering heavy industrial engines [1] Group 2 - accesso Technology Group PLC has expanded its partnership with Adyen, enabling embedded payments across its global platform, which will handle over $5 billion annually in transactions [1] - Gaming Realms PLC anticipates a 10% increase in full-year revenue to £31.4 million, driven by growth in the US market, with strong trading starting in early 2026 [1] - S&U PLC is expecting strong full-year results following rapid lending growth and has raised its interim dividend to 35p due to improved collections and margins [1]

Core Insights - Caterpillar Inc. (CAT) achieved record revenues in Q4 2025, driven by higher volumes across all segments, marking a return to positive earnings growth after five consecutive quarters of declines [1][5][9] Financial Performance - Q4 2025 revenues reached approximately $19.1 billion, an 18% increase year-over-year, with a backlog of $51.2 billion, up $11.3 billion sequentially [8][10] - Adjusted operating profit decreased by 9% to $2.66 billion, with adjusted operating margin narrowing to 15.6% from 18.3% in Q4 2024 due to rising costs from tariffs [9][11] - Earnings per share for Q4 stood at $5.16, a slight increase of 0.4% from the previous year [9] Market Performance - Over the past year, CAT stock has increased by 86%, outperforming the industry growth of 84.1% and the S&P 500's rise of 15.6% [2] - CAT has outperformed peers such as Komatsu and Terex, which saw stock gains of 52.5% and 36.9%, respectively [3] 2026 Outlook - For 2026, CAT anticipates revenue growth near the upper end of its long-term target of 5-7% CAGR, while adjusted operating margins are expected to remain at the lower end due to ongoing tariff pressures [11][12] - The company projects adjusted operating margins of 15-19% at revenue levels around $60 billion, with potential for higher margins at increased revenue levels [12] Earnings Estimates - Earnings estimates for CAT have been revised upward for both 2026 and 2027, indicating a projected year-over-year earnings growth of 18.5% for 2026 and 21.8% for 2027 [15][17] Long-Term Growth Targets - Caterpillar aims for a revenue growth CAGR of 5-7% through 2030, with free cash flow projected between $6 billion and $15 billion [23] - The company plans to return most of its free cash flow to shareholders and grow its dividend at a high-single-digit rate following a 7% increase in 2025 [25] Strategic Initiatives - Operational targets include increasing sales in Construction Industries, expanding the use of autonomous trucks, and enhancing Power Generation sales [26] - The long-term outlook is supported by rising U.S. infrastructure spending, demand for mining equipment, and growth in the high-margin aftermarket business [27]

Komatsu North America has reached an agreement to procure assets from SRC of Lexington, a company based in Lexington, Kentucky, US. The transaction, subject to standard closing conditions, is expected to be completed by the end of February 2026. SRC of Lexington provides rebuilt components and parts used in construction and mining machinery. The deal, if materialised, will expand Komatsu's remanufacturing operations in North America. It will also increase its capacity to serve customers as demand for r ...

Core Insights - The article emphasizes the focus on value investing in Asia, particularly in Hong Kong, targeting stocks with significant discrepancies between market price and intrinsic value [1] - It highlights two main categories of investment opportunities: deep value balance sheet bargains and wide moat stocks, which are characterized by their strong competitive advantages [1] Group 1: Investment Strategy - The investment strategy involves seeking deep value balance sheet bargains, such as net cash stocks and low price-to-book (P/B) ratio stocks [1] - The strategy also includes identifying wide moat stocks, which are high-quality businesses with sustainable competitive advantages [1] Group 2: Research Service - The research service, Asia Value & Moat Stocks, provides value investors with ideas and watch lists that are updated monthly [1] - The service is led by an analyst with over a decade of experience in Asian equity markets, focusing on both buy and sell sides [1]

Key Takeaways CAT posted Q4 EPS of $5.16, topping estimates, as record $19.1B revenues drove a return to earnings growth.Caterpillar saw volume-driven sales gains across all segments, but higher tariffs and costs cut margins.CAT's backlog rose $11.3B sequentially to a record $51.2B as revenues grew in all regions except Asia Pacific.Caterpillar Inc. (CAT) reported adjusted earnings per share of $5.16 for the fourth quarter of 2025, which beat the Zacks Consensus Estimate of $4.67 by a margin of 10%. The bot ...

Company Overview - Caterpillar Inc. is a leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives, operating globally in industries such as construction, mining, and energy [1] Stock Performance - On January 27, 2026, Jefferies set a new price target for Caterpillar at $750, indicating a potential increase of about 16.68% from the trading price of approximately $642.77 at that time [2] - The current stock price of CAT is $643.64, reflecting a slight increase of $7.72 or 1.21% [2] - Caterpillar's stock has shown resilience, trading between a low of $628 and a high of $644.09 in a single day, with a yearly high of $655.78 and a low of $267.3, indicating significant volatility [4][6] - The company's market capitalization is approximately $301.53 billion, highlighting its substantial presence in the industrial sector [4] Institutional Investment - Chilton Capital Management LLC significantly increased its investment in Caterpillar by 345.9% during the third quarter, now holding 13,889 shares valued at approximately $6.6 million, indicating strong institutional confidence [3] - Other investors, such as Marquette Asset Management LLC, also increased their stakes, reflecting a broader trend of institutional interest in Caterpillar [3] - The trading volume for CAT on the NYSE is 244,070 shares, indicating active investor interest and positioning Caterpillar's stock as a focal point for market participants [5]

Key Takeaways CAT is projected to report a year-over-year earnings decline in Q425 despite revenue growth of 10.4%.Higher volumes and $37.5B backlog support sales, but tariffs and rising costs pressure profits.CAT's segments are expected to see volume gains, while operating margin is projected to fall to 13.2%.Caterpillar Inc. (CAT) is anticipated to witness a year-over-year decline in its bottom line despite higher revenues when it reports fourth-quarter 2025 results on Jan. 29, before the opening bell. Th ...

Core Insights - SMS Equipment has entered the European market by acquiring Suomen Rakennuskone, marking its first operation on the continent [1][2] - The acquisition aims to leverage SMS Equipment's expertise in global mining and construction to enhance operations in Finland [2][4] Company Overview - SMS Equipment is a Canadian dealer of heavy machinery with existing operations in Alaska and Mongolia [1] - Suomen Rakennuskone, established in 1992, is a Finnish distributor of construction and mining equipment, providing sales, maintenance, spare parts, training, and technical support throughout Finland [2][3] Strategic Importance - The acquisition is seen as a significant milestone for SMS Equipment's international growth, allowing the company to combine its global experience with Suomen Rakennuskone's local knowledge and customer relationships [2][5] - Suomen Rakennuskone holds exclusive rights to distribute Komatsu mining and construction machinery in Finland and serves both the construction and mining sectors, which include nickel and gold extraction [3]

Group 1 - Cathie Wood remains a prominent figure among growth fund managers, particularly due to her ETFs' significant outperformance during the 2021 bull market [1][2] - The performance of Wood's flagship funds, including ARK Innovation ETF (ARKK) and ARK Space Exploration & Innovation ETF (ARKX), has declined since the peak, influenced by her daily rebalancing strategy [2] - Wood has maintained long-term positions in key stocks like Tesla (TSLA), demonstrating her commitment to her investment theses [2] Group 2 - Recently, Wood has increased investments in air mobility and autonomous transport, notably adding positions in Joby Aviation (JOBY) and Archer Aviation (ACHR) within her ARKX fund [4] - Komatsu (KMTUY), a Japan-based company specializing in construction and mining equipment, has also been added to Wood's portfolio, focusing on automation and smart infrastructure [4] - The development of air mobility and autonomous driving will require substantial infrastructure, with Asian markets like Japan emerging as leaders in testing and supporting these technologies [5][6]

Group 1 - Lindian Resources has mobilized a Komatsu owner-operator mining fleet at the Kangankunde rare earths project in Malawi, which includes various heavy machinery [1] - The fleet rollout is expected to enhance readiness for first production and improve control over safety, costs, and operational performance [2] - The processing plant development is progressing well, with 95% completion of the stockpile area and ongoing topsoil stripping, ahead of schedule [3] Group 2 - The executive director of Lindian highlighted solid progress across multiple work fronts, including civil preparation and key support infrastructure [4] - Critical enablers such as workshops and fuel infrastructure are being advanced to strengthen operational readiness and reduce execution risk [5] - Camp construction is progressing to provide accommodation for execution teams, facilitating increased site activities [6]