Maas's Construction Materials Sale Surprises Bull -- Market Talk

Dow Jones

Feb 06

2109 GMT - Maas Group's decision to sell its construction materials division to Heidelberg for A$1.70 billion surprises Jefferies, who says it increases the company's risk profile. Still, a strategic pivot toward higher-growth infrastructure projects has merit. "The demand tailwinds for the electrification sector, with Maas's expertise and the material shortages for skilled electrical contractors/trades, position them well to capitalize," analyst John Campbell says. The deal with Heidelberg will leave Maas with around A$650 million of net cash. That could drive EPS higher over the long term. Jefferies retains a buy call and A$5.25/share price target on Maas. It hasn't updated forecasts as it waits for relevant approvals of the deal with Heidelberg. Maas ended Thursday at A$4.11. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

February 05, 2026 16:09 ET (21:09 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2609584634"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2609584634\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2609584634?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-06 05:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2609584634","market":"sg","top_or_hot":-1,"title":"Maas's Construction Materials Sale Surprises Bull -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2109 GMT - Maas Group's decision to sell its construction materials division to Heidelberg for A$1.70 billion surprises Jefferies, who says it increases the company's risk profile. Still, a strategic pivot toward higher-growth infrastructure projects has merit. \"The demand tailwinds for the electrification sector, with Maas's expertise and the material shortages for skilled electrical contractors/trades, position them well to capitalize,\" analyst John Campbell says. The deal with Heidelberg will leave Maas with around A$650 million of net cash. That could drive EPS higher over the long term. Jefferies retains a buy call and A$5.25/share price target on Maas. It hasn't updated forecasts as it waits for relevant approvals of the deal with Heidelberg. Maas ended Thursday at A$4.11. (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  February 05, 2026 16:09 ET (21:09 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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>Maas's Construction Materials Sale Surprises Bull -- 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\">\nMaas's Construction Materials Sale Surprises Bull -- 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\">2026-02-06 05:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2109 GMT - Maas Group's decision to sell its construction materials division to Heidelberg for A$1.70 billion surprises Jefferies, who says it increases the company's risk profile. Still, a strategic pivot toward higher-growth infrastructure projects has merit. \"The demand tailwinds for the electrification sector, with Maas's expertise and the material shortages for skilled electrical contractors/trades, position them well to capitalize,\" analyst John Campbell says. The deal with Heidelberg will leave Maas with around A$650 million of net cash. That could drive EPS higher over the long term. Jefferies retains a buy call and A$5.25/share price target on Maas. It hasn't updated forecasts as it waits for relevant approvals of the deal with Heidelberg. Maas ended Thursday at A$4.11. (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  February 05, 2026 16:09 ET (21:09 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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":"BK7055","symbol_name":"建筑与工程","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2609584634","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609584634","pubTimestamp":1770325740,"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":"2109 GMT - Maas Group's decision to sell its construction materials division to Heidelberg for A$1.70 billion surprises Jefferies, who says it increases the company's risk profile. Still, a strategic pivot toward higher-growth infrastructure projects has merit. \"The demand tailwinds for the electrification sector, with Maas's expertise and the material shortages for skilled electrical contractors/trades, position them well to capitalize,\" analyst John Campbell says. The deal with Heidelberg will leave Maas with around A$650 million of net cash. That could drive EPS higher over the long term. Jefferies retains a buy call and A$5.25/share price target on Maas. It hasn't updated forecasts as it waits for relevant approvals of the deal with Heidelberg. Maas ended Thursday at A$4.11. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7055":"建筑与工程","MGH.AU":"MAAS GROUP HOLDINGS LTD"},"translate_title":"马斯的建筑材料销售出人意料地牛市——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MGH.AU":0.9},"content_text":"2109 GMT - Maas Group's decision to sell its construction materials division to Heidelberg for A$1.70 billion surprises Jefferies, who says it increases the company's risk profile. Still, a strategic pivot toward higher-growth infrastructure projects has merit. \"The demand tailwinds for the electrification sector, with Maas's expertise and the material shortages for skilled electrical contractors/trades, position them well to capitalize,\" analyst John Campbell says. The deal with Heidelberg will leave Maas with around A$650 million of net cash. That could drive EPS higher over the long term. Jefferies retains a buy call and A$5.25/share price target on Maas. It hasn't updated forecasts as it waits for relevant approvals of the deal with Heidelberg. Maas ended Thursday at A$4.11. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 05, 2026 16:09 ET (21:09 GMT)\n\n\n  Copyright (c) 2026 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":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}