This is what the flucks. I'm Brett and it's fundated twenty fourth and Debruary, Doze Boy.
Diamonds might be forever, but diamond prices are not. The price of a single carrot diamond has fallen by thirty seven percent over the past six years as demand for lab grown diamonds.
Continues to skyrocke.
So the next person that tells you that diamonds are a good investment of the long.
Term, I'd recommend thinking again. Fox Am.
Did you know every single day the banks does not pass on the cash right cart they make an extra ten million dollars.
Wow.
We run through why they delayed, how long they normally delayed, and what they've done in the past. So if you're a homeown at or looking to buy home, this is the perfect place to understand the ins and out of how banks work.
Make sure to check it out in the Flux app.
Three Understandable stories today, Dozzy Boy, let's do it for our first domain, the Digital Property Marketplace, has seen its share price skyrocket thirty seven percent after it received a takeover bid by.
A US domain been lagging aria for yongksb Man. So this could be exactly what the doctor ordered, so tell me more.
Well, Domain is the real estate marketplace actually started in nineteen ninety six, and get this, it was a lift out part of Fairfax Newspapers. And in nineteen ninety nine, Domain's first website with digital property listings went live. But let's be real here, be Man.
Domain has always played second fiddle to real estate dot Com dota you in the real estate industry.
Yep, real estate dot com dot U has forty six percent more monthly unique visitors than Domain.
In fact, well, Aria Group's share price has more than doubled in the past five years, Domains has pretty much flatlined.
But jose wait, last Thursday, some mystery buyer brought up a twenty percent steak in Domain.
Aka the Fixer Rupper, And on.
Friday it came out that the mystery buyer was co Star, which is a company claiming to be the world's largest real estate information company.
Interesting, Beman, and they've announced plans to submit a takeover bid, valuing Domain at two point seven billion dollars.
Which by my calculations is more than forty two percent preme on its average share price from the past month.
And be Man, no surprise here, but Aria Group share price film more than ten percent on this.
News huge, So what is the key learning here?
Market leaders can never allow themselves to get comfortable, no matter how big they are.
When a casht up competitor enters the scene, it can really change everything.
Yeah, Coastar is a global behemoth, it's worth fifty billion US.
Dollars and interestingly juzzy boy.
Last month, Aria Group CEO shared his secret for smashing Domain.
Yeah.
He said they out invested Domain on everything from tech to product development to.
People, but he's heard at all changes.
Yeah, because with a potential new overlord, Domain could actually afford to drop prices, pump millions into marketing, and invest heavily into tech.
And this is a blueprint that Costar has tried and tested around the world already.
For example, it's spent one billion US dollars to take its homes dot com portal from number six in the US market to number.
Two, and it also did the same in the UK.
It acquired the second place property marketplace named on the Move, and five x it's marketing spend so b man it.
This still goes through Oria Group and its investors might still have the same competitor, but in brand you Ama.
For our second story.
Guzman Egomez, the biggest IPO listing of twenty twenty four.
Mind You, says it's expecting to beat.
Its prospectus forecast this financial year, but share price got whacked for one big reason.
It's a very spicy jalapeno to swallow for GAG investors, So tell me more well.
Guzmanigomez opened its first store in Sydney in two thousand and six as a Mexican fast food chain.
The idea was to make fast food that was actually good.
Quality, and since then it's grown to operate over two hundred and thirty stores in Australia, Japan, Singapore and the US.
And last year b Man Guzmigomes listed on the ASX at a market cap of two point two billion baccarinis.
But since then it's share price is more than doubled. Only people are willing to bet big on burritos. Be Man and now Gyg has said it's on track to beat its prospectus profit forecast this financial year.
That's thanks to more Brecky sales and more delivery orders as well. That's good news for these new burrito kings.
It is, but its share price actually more than ten percent on the news.
Why do you reckon it happened?
Juzi boy, Well, investors didn't really care about those Australian results because it's US stores weren't performing so well.
Oh so what is the key learning here?
A significant part of a company's valuation is often tied to its future growth prospect rather than its current earnings. For GYG, a substantial portion of its share price reflects investor expectations when it comes to a successful international expansion, particularly in the very lucrative US market. But the US franchise has flopped. Its US network sales dropped by twelve point seven percent.
And the losses they're getting bigger as well.
And investors a quick to react when growth markets fail to deliver juzzy boy like the US so Beman. For GYG, turning around its US operations is crucial, not just for revenue growth, but for maintaining.
Its high valuation.
For our third and final story, Apple has released its new iPhone sixteen E last week as it struggles to compete in the smartphone market against cheaper competitors.
Can you smell that, jazzy boy? I tell you what it smells like. Apple's desperation right now, So tell me what is going on here?
Okay?
So Apple is the most valuable brand in the whole wide world with its slick designs, it's slick stores, and it's fancy products.
From the iPhone to MacBooks, Apple watched air pods. It's got many customers wrap around its trillion dollar fingers.
Yeah, but b man, Apple's just done something very uncharacteristic. What's that juzzy boy?
Well, normally in its annual Nerdfest, which takes place in September, CEO Tim Cook releases its latest products. But late last week, which was in February, Apple announced the launch of a new cheaper iPhone, the iPhone sixteen E and be Man. This one's got most of the software features in the iPhone sixteen, but at a much cheaper price point and jazzyboy.
While Apple claims this has always been part of its plan, it might just be a bit of a hail mary after its iPhone sixteen didn't really drive upgrades during the holiday quarter.
So what is the key learning here?
In the battle for market share, sometimes even premium brands need a more accessible priced hack.
Get this, be Man.
Apple's iPhone sales declined in the December quarter by one percent compared to the previous year.
Compare that to the expectations of a jump of one point four percent.
And this new iPhone was meant to be the Bee's knees with all its sexy Apple Intelligence AI features.
But still not enough to convince customers to take the nineteen hundred dollars plunge.
You see, b Man Apples not only had a slow December quarter, but it's also losing market share to its cheap arrivals.
Apple last one point five percent market share, while cheaper Chinese brands like Shaomi and Vivo scooped up and be Man.
It's a bit of a delicate ballaced Apple.
If they stay two premium, they risk losing customers to cheaper competitors, and of course, if they go too cheap, they dilute the brand's exclusivity flex amp. Did you know only one third of banks and lenders have passed on the right cut already? We cover everything in the Flux app who's passed on the right cut, when they'll be passing it on, and how much money banks are making
right now in the interim period. If you want to check it out, make sure to download the Flux app and read all about the.
Cash rate cuts. Thanks for listening, and we'll see you on Wednesday.