SRG Global's TAMS Deal Ticks Strategic Boxes -- Market Talk

Dow Jones

Oct 15

2210 GMT - SRG Global's A$85 million acquisition of marine infrastructure services business Total AMS ticks many boxes strategically, says Euroz Hartleys. The deal should give an immediate boost to SRG's earnings, add exposure to strong growth markets in marine-orientated infrastructure and comes with a strong work-in-hand position of A$600 million, it says. Euroz Hartleys lifts its price target by 33%, to A$3.40/share, on what it considers to be conservative forecasting. Analyst Gavin Allen says a "further re-rate beyond this is certainly possible, perhaps even likely, consistent with the quality of earnings, track record, opportunity in infrastructure, structural tails winds broadly and in comparison to peers." SRG ended Tuesday at A$2.65. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

October 14, 2025 18:10 ET (22:10 GMT)

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The deal should give an immediate boost to SRG's earnings, add exposure to strong growth markets in marine-orientated infrastructure and comes with a strong work-in-hand position of A$600 million, it says. Euroz Hartleys lifts its price target by 33%, to A$3.40/share, on what it considers to be conservative forecasting. Analyst Gavin Allen says a \"further re-rate beyond this is certainly possible, perhaps even likely, consistent with the quality of earnings, track record, opportunity in infrastructure, structural tails winds broadly and in comparison to peers.\" SRG ended Tuesday at A$2.65. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 14, 2025 18:10 ET (22:10 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SRG Global's TAMS Deal Ticks Strategic Boxes -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSRG Global's TAMS Deal Ticks Strategic Boxes -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-15 06:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  2210 GMT - SRG Global's A$85 million acquisition of marine infrastructure services business Total AMS ticks many boxes strategically, says <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys. The deal should give an immediate boost to SRG's earnings, add exposure to strong growth markets in marine-orientated infrastructure and comes with a strong work-in-hand position of A$600 million, it says. Euroz Hartleys lifts its price target by 33%, to A$3.40/share, on what it considers to be conservative forecasting. Analyst Gavin Allen says a \"further re-rate beyond this is certainly possible, perhaps even likely, consistent with the quality of earnings, track record, opportunity in infrastructure, structural tails winds broadly and in comparison to peers.\" SRG ended Tuesday at A$2.65. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 14, 2025 18:10 ET (22:10 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4080","symbol_name":"零售业房地产投资信托","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2575122360","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2575122360","pubTimestamp":1760479800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2210 GMT - SRG Global's A$85 million acquisition of marine infrastructure services business Total AMS ticks many boxes strategically, says Euroz Hartleys. The deal should give an immediate boost to SRG's earnings, add exposure to strong growth markets in marine-orientated infrastructure and comes with a strong work-in-hand position of A$600 million, it says. Euroz Hartleys lifts its price target by 33%, to A$3.40/share, on what it considers to be conservative forecasting. Analyst Gavin Allen says a \"further re-rate beyond this is certainly possible, perhaps even likely, consistent with the quality of earnings, track record, opportunity in infrastructure, structural tails winds broadly and in comparison to peers.\" SRG ended Tuesday at A$2.65. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4080":"零售业房地产投资信托","SRG":"Seritage Growth Properties","BK7055":"建筑与工程","BK4233":"房地产运营公司","BK4205":"房地产经营公司","SRG.AU":"SRG GLOBAL LTD"},"translate_title":"SRG Global的TAMS交易符合战略条件——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SRG":1.5,"SRG.AU":0.9},"content_text":"2210 GMT - SRG Global's A$85 million acquisition of marine infrastructure services business Total AMS ticks many boxes strategically, says Euroz Hartleys. The deal should give an immediate boost to SRG's earnings, add exposure to strong growth markets in marine-orientated infrastructure and comes with a strong work-in-hand position of A$600 million, it says. Euroz Hartleys lifts its price target by 33%, to A$3.40/share, on what it considers to be conservative forecasting. Analyst Gavin Allen says a \"further re-rate beyond this is certainly possible, perhaps even likely, consistent with the quality of earnings, track record, opportunity in infrastructure, structural tails winds broadly and in comparison to peers.\" SRG ended Tuesday at A$2.65. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 14, 2025 18:10 ET (22:10 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}