There are plenty of interesting investment opportunities available on the ASX share market right now.
The experts in charge of WAM Capital Ltd (ASX: WAM) have outlined some compelling opportunities in its portfolio that have pleasing outlooks.
WAM Capital is a listed investment company (LIC) â a company that invests in other shares to generate profits for shareholders. Which ASX shares? The LIC wants to find the “most compelling undervalued growth opportunities in the Australian market”.
Let’s dive into the two stocks that Wilson Asset Management highlighted as ideas in its August 2026 update.
EVT Ltd (ASX: EVT)
The first ASX share that WAM discussed was EVT, an Australian leisure and property company that operates cinemas, hotels and commercial properties. Its cinema chains are reportedly the largest in Australia and New Zealand.
The fund manager noted that the EVT share price rose in August following the release of its FY26 annual result. It shot up 18% during last month.
Wilson Asset Management highlighted that the ASX share’s reported net profit after tax (NPAT) rose 51.9% year-over-year to $50.7 million. The company’s board of directors declared a fully franked final dividend of 23 cents per share, representing a year-over-year rise of 4.5%.
WAM said that the FY26 result was ahead of the consensus of analysts’ expectations, driven by the cinema segment.
The fund manager also noted the business plans to divest approximately $800 million of non-core property assets, as well as an independent strategic review of the group structure.
WAM said the proposed asset divestments are expected to support hotel growth and potential special dividends, while the strategic review is a potential catalyst to unlock further shareholder value.
FDC Consolidated Holdings Ltd (ASX: FDC)
The other ASX share that Wilson Asset Management wanted to highlight was FDC, an integrated construction and building services company that delivers major construction, fit-out and refurbishment solutions across Australia.
The FDC share price also increased by 19% in August 2026. This positive performance was in response to the company’s first annual result as an ASX-listed company.
FDC reported that revenue grew by 13% year-over-year, which reflected the strength of its diversified business model and national footprint, according to WAM. There was double-digit growth across its construction, fit-out and refurbishment segments.
WAM then pointed out that FDC also reaffirmed its FY27 prospectus forecasts and highlighted a diversified project pipeline, which supported confidence in the ASX share’s future earnings growth.
The post Why a fund manager loves these ASX shares right now appeared first on The Motley Fool Australia.
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More reading
- 40 ASX shares with ex-dividend dates next week
- Ouch: WAM Capital shares crash 15% as dividend cut in half
- WAM Capital trims FY27 dividend after portfolio setback in FY26
- Here are the top 10 ASX 200 shares today
- EVT Ltd posts profit jump and pivots focus to hotel growth in FY26 results
Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.