Tamim Asset Management

21/08/2026

BHP delivered a strong FY26 result, with underlying profit rising 30%, net debt falling and copper overtaking iron ore as its largest earnings contributor.

But there is another side to the story. Copper prices provided a significant tailwind, FY27 volumes are expected to decline, annual capex is running around US$11 billion and Jansen has recorded a US$2.3 billion impairment.

With BHP shares close to record highs, what is the market already pricing in?

👉 Read the full analysis: https://tamim.com.au/stock-insight/bhp-fy26-results-copper-asx-bhp/?utm_source=facebook&utm_medium=post

Disc: ASX: BHP is held in TAMIM portfolios as at the date of article publication. Holdings can change substantially at any time.

BHP FY26 results: underlying profit up 30 per cent, a US$1.72 dividend and copper now 54 per cent of EBITDA. Plus the US$2.3 billion Jansen impairment investors should read carefully.

13/08/2026

CBA's profit was impressive. But for investors trying to understand the Australian economy, the mortgage data may be considerably more important.

Home loan applications were down 17% year on year, investor applications fell 28%, and household offset and redraw buffers declined by roughly $7 billion in six months. At the same time, business lending continues to grow strongly.

Sid Ruttala examines what CBA's FY26 result tells us about Australian households, monetary policy and the changing engine of the bank's earnings.

👉 Read the full analysis: https://tamim.com.au/stock-insight/cba-fy26-results-mortgage-slowdown/?utm_source=facebook&utm_medium=post

Disc: ASX: CBA is held in TAMIM portfolios as at the date of article publication. Holdings can change substantially at any time.

CBA FY26 results delivered $11bn profit, but home loan applications fell 17 per cent. What the mortgage slowdown says about the Australian economy.

24/07/2026

Many investors assume a supermarket anchor guarantees a successful retail property investment.

The reality is far more nuanced.

This week we explain why location, demographics, tenant mix and barriers to competition matter far more than the logo on the front of the building.

👉 Read the full article:
https://tamim.com.au/market-insight/neighbourhood-retail-centre-investing/

Supermarket anchored retail is leading Australian property, but not because nothing gets built. What actually protects the income, and the risks to weigh.

23/07/2026

Gold prices have enjoyed one of the strongest rallies in history, yet Northern Star Resources has significantly underperformed.

Why?

This week we examine operational execution, leadership changes and whether the market has become too pessimistic about one of Australia's largest gold producers.

👉 Read the full article:
https://tamim.com.au/stock-insight/northern-star-asx-nst-gold-valuation/?utm_source=facebook&utm_medium=post

Northern Star shares sit well below their March high despite a strong gold market. What is priced into, the execution risks, and what to watch.

18/06/2026

Markets have become increasingly focused on a handful of AI-related companies.

This week we step outside that narrative and examine three global businesses generating strong cash flows, benefiting from structural growth, and trading on sensible valuations.

Read the full article 👉
https://tamim.com.au/stock-insight/three-global-stocks-not-ai-sats-encompass-aena/?utm_source=facebook&utm_medium=post

Disc: SGX: S58, NYSE: EHC and ABME: AENA are held in TAMIM portfolios as at the date of article publication. Holdings can change substantially at any time.

12/06/2026

By the time everyone agrees a rate cycle has turned, markets have usually moved on.

This week we explore why the Australian cash rate may already have peaked and what that means for equities, property and portfolio positioning.

Read more 👉
https://tamim.com.au/market-insight/rba-rate-cycle-peak-2026-portfolio-positioning/?utm_source=facebook&utm_medium=post