Balfour Capital Group

Directions Website Contact the business

Balfour Capital Group The Difference Is "Global Access". We offer trusted wealth management services to successful entrepreneurs, High Net Worth Individuals, and Institutions.

13/10/2026

Balfour Capital Group Global Research Director Hersh Oberoi was quoted by Reuters on Maas Group, after Nvidia-backed Firmus withdrew its US$5 billion IPO plan.

"The real risk is correlation. If Firmus's funding falters, both MGH's investment and JLE's order book could come under pressure," Hersh told Reuters. He also said the repricing looked broadly reasonable, because investors were losing an expected valuation uplift rather than facing an immediate cash hit, and that the stake should be judged against Firmus's last private funding round, adjusted for illiquidity.

Reuters quotes no other commentator. Firmus said market volatility and conditions would not fairly reflect its business strength and long-term growth prospects. Maas said it had received A$373 million in payments on the JLE work and expected it to be completed by the end of 2027.

The story: Maas shares closed more than 6% lower on Friday, having fallen as much as 10.7% to a five-month low. Maas owns 3.2% of Firmus, and its JLE electrical unit holds about A$1.1 billion in Firmus work orders across fiscal 2026 and 2027.

Read the article via our news page: link in bio.

For information, not advice.
Published by Balfour Capital Group for informational purposes only; not investment advice or an offer to buy or sell any security. All investing carries risk, including loss of capital.
Commentary was made on 9 October 2026 and is not a current view. Balfour Capital Group is not affiliated with, and this is not endorsed by, Reuters, Firmus or Maas Group.

05/10/2026

Three new buy recommendations, effective October 2nd 2026.

Northrop Grumman (NYSE: NOC) at $482.00, as of 1 October. Headquartered in Falls Church, Virginia, and led by chair, chief executive and president Kathy Warden since 2019, it is the prime contractor on the B-21 Raider stealth bomber and the LGM-35 Sentinel intercontinental ballistic missile, alongside space, mission and defense systems for the US and allied governments.

L3Harris Technologies (NYSE: LHX) at $238.50, as of 2 October. Based in Melbourne, Florida, and formed by the 2019 combination of L3 Technologies and Harris Corporation, it makes defense communications, sensors and space systems, and, since acquiring Aerojet Rocketdyne in 2023, solid rocket motors for missiles and launch vehicles. Sam Mehta became president and chief executive in August 2026.

Nike (NYSE: NKE) at $32.30, as of 2 October. Based in Beaverton, Oregon, and founded in 1964 as Blue Ribbon Sports, it designs and sells athletic footwear, apparel and equipment under the Nike, Jordan and Converse brands. Chief executive Elliott Hill, in the role since October 2024, is leading a turnaround; fiscal 2026 revenue was $46.4 billion.

The Difference Is Global Access.

For information, not advice.
Published by Balfour Capital Group for informational purposes only; not investment advice or an offer to buy or sell any security. Entry price is indicative as of the date shown. All investing carries risk, including loss of capital.

14/09/2026

Balfour Capital Group Global Research Director Hersh Oberoi was quoted by Reuters on the class action against BHP over public holiday work.

Hersh Oberoi, Global Research Director at Balfour Capital Group, was quoted by Reuters on what the case signals. He said the particular case is not what matters; the pattern is, and that a series of labor-related disputes is increasing pressure on BHP’s employment model while strengthening the bargaining position of the unions. On the compliance question he was direct: the remedy itself is administrative rather than costly, and the greater challenge is the cumulative effect of repeated labor disputes on BHP’s relationship with its unions.

Also quoted is Grahame Kelly, General President of the Mining and Energy Union, who said the union may pursue further class actions on behalf of other groups of mineworkers who were unlawfully required to work on public holidays. The union said in a statement that the suit could deliver millions in compensation if successful. Reuters reported that BHP did not immediately respond to a request for comment.

Reuters reported that the Mining and Energy Union is funding a class action against BHP that could cover up to 7,000 workers, seeking compensation for mineworkers unlawfully required to work the Christmas and Boxing Day holidays at the Daunia mine in 2019. A federal court had earlier found BHP’s Operations Services breached the National Employment Standards in its rostering, and the hearing is set for 9 November 2026. It is the latest labor dispute for the world’s biggest listed miner, which is separately in unresolved wage talks at Port Hedland.

To read the article, visit our news page: https://balfourcapitalgroup.com/news



10/09/2026

Balfour Capital Group Global Research Director Hersh Oberoi was quoted by Reuters on the Australian market close.

Hersh Oberoi, Global Research Director at Balfour Capital Group, was quoted by Reuters on the character of the rally. He cautioned that the day’s move looked more like a relief rally than a meaningful shift in risk appetite, with the pressures that had been driving the market lower having simply stopped intensifying rather than reversed. On the rebound in materials, comfortably the worst-performing sector the session before, and so the most obvious candidate for a bounce, he read the move as positioning rather than conviction.

Also in the article, Reserve Bank of New Zealand Governor Anna Breman signaled further policy tightening in the coming months, to return inflation to within the bank’s target range.

Reuters reported that Australian shares rebounded from a one-month low on Thursday, with the S&P/ASX 200 closing 0.5% higher at 9,020.10 points as easing oil prices and bond yields lifted global risk sentiment. Banks reached their highest close in two weeks and gold stocks posted their strongest session in two weeks, while energy lagged as oil eased. Upbeat June-quarter GDP data bolstered expectations of another Reserve Bank of Australia rate hike, and across the Tasman the NZX 50 fell 0.6%.

To read the article, visit our news page: https://balfourcapitalgroup.com/news

08/09/2026

Three new buy recommendations, effective 8 September 2026.

Permian Resources (NYSE: PR) at $23.36. Founded in 2014 and based in Midland, Texas, it produces oil, gas and NGLs exclusively in the Delaware Basin. Co-chief executives Will Hickey and James Walter run a deliberately narrow strategy: be the lowest-cost operator in one basin, extend laterals to cut drilling cost per foot, and buy adjacent acreage continuously in small deals rather than occasionally in large ones. Average lateral length is now 11,000 feet, and it drilled its first four-mile laterals in the second quarter.

Antero Resources (NYSE: AR) at $38.38. A Denver-based producer of natural gas, NGLs and oil in the Appalachian Basin, led by chief executive Michael N. Kennedy. It began in the Barnett Shale in 2002, moved to Appalachia in 2005 and listed in 2013. During 2026 it sold its Ohio Utica assets and put the proceeds into Marcellus acreage from HG Energy, concentrating the base in West Virginia. Just over half of production is natural gas, the balance mostly NGLs, where it holds a leading domestic position.

Royal Gold (NASDAQ: RGLD) at $263.10. Denver-based and led by chief executive William Heissenbuttel since January 2020, it acquires and manages precious-metal streams and royalties. A royalty pays it a share of revenue or production from a mine it does not operate; a stream is the right to buy a defined share of metal at a pre-agreed price for an upfront deposit. Thirty-nine employees against a portfolio spanning the Americas, Europe, the Middle East, Africa and Asia Pacific, and after the 2025 acquisitions no single asset is more than 13% of revenue.

The Difference Is Global Access.

For information, not advice.
Published by Balfour Capital Group for informational purposes only; not investment advice or an offer to buy or sell any security. Entry price is indicative as of the date shown. All investing carries risk, including loss of capital.

07/09/2026

Australia’s largest telecoms operator has published the findings of an external review into its July mobile network outage.

Reuters reported that investigators at U.S.-based Technology Audit Partners traced the disruption to a technical event in Telstra’s network timing system, after incorrect date information spread through parts of the network following planned maintenance. CEO Vicki Brady accepted the findings, described the outage as avoidable, and acknowledged gaps in ownership, visibility and operational support that slowed identification of the fault. Telstra will implement a company-wide remediation oversight program and said the measures are not expected to affect its FY2027 outlook.

Our Global Research Director Hersh Oberoi was the only outside voice quoted in the report. His point to Reuters was that the incident matters less than the cost structure it leaves behind: a remediation program of that scope suggests comparable gaps may sit elsewhere in the organization, and closing them is a recurring operating expense in the areas that are hardest to fund rather than a one-off charge.

To read the article, visit our news page: https://balfourcapitalgroup.com/news

25/08/2026

BUY — Nebius Group N.V. (NASDAQ: NBIS)

Coverage initiated on August 24th, 2026 · Entry price $202.80

Nebius is the leading independent full-stack AI cloud: it builds and operates large-scale Nvidia GPU clusters for some of the world's biggest buyers of AI compute, run from Amsterdam by founder and CEO Arkady Volozh.

The core AI cloud drives roughly 98% of group revenue. Around it sits a portfolio of optionality: Avride in autonomous driving (partnered with Uber), TripleTen in technology reskilling, and minority stakes in Toloka, the AI-data business backed by Bezos Expeditions, and ClickHouse, valued at roughly $15 billion in its January 2026 round.

The Difference Is Global Access.

For information, not advice.
Published by Balfour Capital Group for informational purposes only; not investment advice or an offer to buy or sell any security. Entry price is indicative as of the date shown. All investing carries risk, including loss of capital.

20/08/2026

India is preparing its most significant market-structure overhaul in decades.

Reuters reported today that SEBI plans to cut collateral requirements by 15–20% for liquid cash equities, lower collateral on longer-dated derivatives, nearly double stock-lending eligibility, and introduce a closing auction session, a direct response to more than $50 billion of foreign equity outflows since October 2024 and a foreign-ownership base at a 17 -year low.

Our CIO Steve Alain Lawrence shared his view with Reuters, alongside commentary from MSCI, State Street Investment Management and the Investment Company Institute:

“That suggests SEBI has listened to the institutional investment community and focused on the practical issues investors face.”
Steve Alain Lawrence, CIO, Balfour Capital Group

What we’re watching: MSCI has confirmed it will assess these measures in future accessibility reviews. India’s EM index weighting has fallen from 21 % to below 12%. In our view, credible implementation is the first step toward reversing that, though the nine-month rollout will be the test.

Full Reuters article: balfourcapitalgroup.com/news

hashtag hashtag hashtag hashtag
hashtag

19/08/2026

Two new buy recommendations from Balfour Capital Group.

BUY: Vistra Corp. (NYSE: VST), entered on August 17th 2026 at $145.70.

A Fortune 500 integrated power business running roughly 44,000MW of generation across gas, nuclear, coal, solar and storage, and serving about 5 million retail customers from California to Maine. It operates the second-largest competitive nuclear fleet in the United States, and Meta holds 20-year power purchase agreements across three of those plants.

BUY: CoStar Group, Inc. (NASDAQ: CSGP), entered on August 18th 2026 at $31.45.

The leading provider of commercial real estate information, analytics and online marketplaces, founded in 1986. Brands include CoStar Suite, Apartments.com, LoopNet and Homes.com. FY2025 revenue was $3.25 billion, up 18.7%, and Q2 2026 was its 61st consecutive quarter of double-digit revenue growth.

The Difference Is Global Access.

Informational purposes only. Not personalised investment advice. Entry prices are indicative levels for the dates shown.

18/08/2026

“We don’t have a huge labor pool, we don’t have a lot of space.” The best explanation of technology adoption I’ve heard from an operator — because it starts with a constraint, not a trend.

On Leaders at the Bell, Tim Ong made the case for technology in catering without once reaching for the word transformation. His framing is structural: Singapore has roughly five million people and very little land, so efficiency is not a competitive advantage — it is the precondition for operating at all.

Why this framing matters for investors:

• Constraint-driven adoption is durable — it survives budget cycles in a way trend-driven adoption does not

• The problems named are operational, not strategic — routing, payments, timing; each has a measurable payback

• Small domestic market, exportable playbook — solving for scarcity at home produces a model that travels across the region

• The market rewards it — the two fastest-growing formats in Singapore foodservice are both technology-mediated

The strategic read: a business forced to solve for labour scarcity and land scarcity in its home market builds a playbook that exports well into markets that have not yet hit those constraints.

Address

60 Merrion Square South, Dublin 2
Dublin
D02HE24

Website

Alerts

Be the first to know and let us send you an email when Balfour Capital Group posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Balfour Capital Group:

Shortcuts

Share

Category