The upcoming share market listing of data centre company Firmus is shaping up to be the biggest float since Telstra Group Ltd (ASX: TLS) went public back in the 1990s, and the company’s valuation is living up to the hype.

Recent reports indicate that the Firmus initial public offer has been priced at $11 per share, valuing the company at $43.7 billion.

And while you can’t buy Firmus shares just yet, you can get exposure by buying into Maas Group Holdings Ltd (ASX: MGH).

Diversified services company leans into AI

Maas Group has been buying up Firmus shares in recent years and now owns 3.2% of the company.

Maas Group Chair Stephen Bizzell told the company’s recent annual general meeting that the company had made a considered investment in AI.

He said:

During the year and subsequent to financial year end, Maas took meaningful steps to increase its exposure to next-generation infrastructure. This included a strategic investment in Firmus Grid Limited, securing significant electrical infrastructure work supporting the development of AI and data infrastructure in Australia through JLE Group, and the acquisition of commercial property with power availability and grid proximity for future digital and energy infrastructure developments. These initiatives, together with the proposed Construction Materials divestment, represent a clear evolution in the Group’s strategic direction.

AI driving a higher valuation

Macquarie has released a new research report into Maas Group, with a conservative valuation for the company’s Firmus stake.

The broker said that the $43.7 billion valuation of Firmus implied a value of $4 per share for Maas Group’s holding, but it was currently only ascribing $1.42 per share in its valuation of the company.

Macquarie added:

MGH is in a period of transition after divesting the construction materials business and accelerating growth in its civil construction and hire and electrical businesses. Further contract awards and updates in this segment (including Firmus IPO), and strategic M&A, will be catalysts.

Macquarie increased its price target on Maas Group shares from $6.75 to $8.15, up from the current $6.76.

Maas Group also announced this week that the divestment of the construction materials business had formally been completed, and it had been paid $1.61 billion.

The company also remains entitled to receive contingency payments of up to $120 million, subject to the achievement of agreed commercial and operational milestones.

Macquarie said the deal gave Maas Group “substantial capital flexibility”, which was reflected in the company’s shareholders approving a buyback of up to 20% of its shares.

Maas Group is valued at $2.53 billion.

The post Buy this ASX share to get exposure to the Firmus IPO appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool Australia has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Bell Potter has released some new research reports this week, with two in particular piquing my interest.

The broker predicts that the companies in question could appreciate substantially in value over the next 12 months.

Let’s see who they like.

6K Additive Inc (ASX: 6KA)

This company’s shares have dropped 30% over the past 12 months, but the Bell Potter team seem to think a turnaround is on the cards.

Some recent news from the company was an announcement that it had executed a final loan agreement with the Export-Import Bank of the United States for a US$27.4 million secured financing facility.

The company said the loan would be used to support the ongoing expansion of its US manufacturing capacity “for critical materials used across aerospace, defense, space, energy and advanced manufacturing applications”.

6K Additive Chief Executive Officer Frank Roberts said:

Finalising this agreement with EXIM marks an important milestone for 6K Additive and reinforces the strategic importance of expanding domestic production of the critical materials essential to America’s defense and advanced manufacturing industries. This investment directly supports the Make More in America Initiative and provides 6K Additive with the funding required to execute our planned capacity expansion while preserving our existing capital to support continued growth.

Bell Potter said even prior to this announcement, the company expected to be funded to profitability.

The broker said 6K Additive had a technological competitive advantage.

They said further:

The company’s UniMelt systems are energy efficient, high yield and accept recycled metal feedstock. We expect Additive Manufacturing to be a beneficiary of the US Department of War’s Acquisition Transformation Strategy to support rebuilding the country’s Defense Industrial Base. Expanded capacity should support a step-change in revenues and earnings from 2027.

Bell Potter has a speculative buy recommendation on 6K Additive shares, with a price target of $1.50, compared with 70 cents currently.

If achieved, this would be a 114% increase.

Artrya Ltd (ASX: AYA)

Bell Potter said Artrya had recently secured its fourth customer for its Salix platform, which improves the detection and management of coronary artery disease.

The broker noted that the new customer was the largest of the four customers to date, with expected scan volumes roughly equal to the other three customers combined.

Bell Potter added:

The agreement has a five-year term with a base US$0.5m contracted fee covering the five-year term (US$100k pa), plus per scan fees for Coronary Plaque and Coronary Flow (once FDA approved).

Bell Potter has a buy recommendation on Artrya shares and a price target of $6, compared with the current price of $3.08.

If achieved, this would represent a 94.8% return. Artrya is valued at $531.1 million.

The post 2 ASX stocks Bell Potter says could rise 95% and 114% appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England 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.

The Regis Resources Ltd (ASX: RRL) share price is in focus after the company reported first quarter gold production of 83,000 ounces, meeting expectations, and boosted its cash and bullion position to $1.28 billion as at 30 September 2026.

What did Regis Resources report?

• Group gold production: 83,000 ounces for Q1 FY27
• Pre-tax cash and bullion generated: $146 million (including $51 million Vault break fee)
• Cash and bullion on hand at 30 September 2026: $1.28 billion
• Tax payments during quarter: $53 million
• Duketon production: 56,100 ounces; Tropicana (30% attributable): 27,000 ounces

What else do investors need to know?

Production for the September quarter was broadly in line with guidance, despite some activities being affected by significant rainfall late in the period. The company reminds investors that its full-year FY27 production guidance of 360,000 to 400,000 ounces is weighted towards the second half, while capital expenditure is skewed to the first half as new open pits are brought online.

Regis Resources will provide full operational and financial details, including All-In Sustaining Costs, with the complete September quarterly results due for release on 20 October 2026. Management will also host a conference call for investors on the same day.

What’s next for Regis Resources?

Investors can look forward to further updates as Regis ramps up production through the remainder of FY27. The focus for the coming quarters will be on delivering second-half weighted production while managing growth capital as additional open pits commence operations.

The upcoming quarterly results on 20 October will offer further insight into cost performance, operational efficiencies, and any adjustments to guidance, helping shareholders better understand the company’s path forward.

Regis Resources share price snapshot

Over the past 12 months, Regis Resources shares have risen 17%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

View Original Announcement

The post Regis Resources share price steady after Q1 production update appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.