• Up 52% from its low! Has the WiseTech share price finally bottomed out?

    Woman and man calculating a dividend yield.

    WiseTech Global Ltd (ASX: WTC) shares are pushing higher again on Monday.

    At the time of writing, the WiseTech share price is up 3.12% to $43.65.

    The rally has gathered plenty of pace over the past month, with the logistics software stock now up almost 40% during that period.

    It is also around 52% above its 23 June low of $28.76. That’s a very different picture from late June, when the shares were trading at their lowest level in 5 years.

    However, shareholders are still sitting on a sizeable loss in 2026, with WiseTech shares down 36% since the beginning of the year.

    So, has the share price finally left its lows behind?

    A big rebound from June

    WiseTech shares have spent much of the past year heading in the wrong direction.

    The stock has fallen from a 52-week high of $115.75 and remains more than 60% below where it was this time last year.

    A mix of governance concerns, regulatory issues, and weaker investor sentiment towards tech stocks has weighed heavily on the shares.

    But the mood has changed since late June.

    There have been some positive developments as well. Major customer DSV remains committed under its existing contract until September 2028. Bell Potter has also pointed to the appointment of an independent chair as a positive step towards addressing governance concerns.

    WiseTech has continued to invest in its business as well, including the acquisition of US-based FRDM.ai in July.

    All eyes on Wednesday’s result

    The next major test comes on 26 August, when WiseTech is due to release its FY26 results.

    Management has reaffirmed revenue guidance of US$1.39 billion to US$1.44 billion, representing growth of 79% to 85%.

    EBITDA is expected to come in between US$550 million and US$585 million, up 44% to 53% from FY25.

    The company has also reached its US$50 million annualised cost synergy target from the e2open acquisition ahead of schedule.

    With the share price already rebounding strongly, investors will likely want to see WiseTech deliver within those ranges and provide a solid outlook for FY27.

    Is the bottom behind WiseTech shares?

    The recovery from $28.76 is definitely encouraging, but one month of strong gains doesn’t erase the risks that pushed the stock lower.

    WiseTech still faces regulatory and governance questions, while the shares remain well below their previous highs.

    At the same time, the underlying business continues to grow quickly.

    Wednesday’s result could give investors a better idea of whether this rebound can keep going.

    The post Up 52% from its low! Has the WiseTech share price finally bottomed out? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in WiseTech Global right now?

    Before you buy WiseTech Global shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and WiseTech Global wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor Aaron Teboneras 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 WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • This ASX game developer could double in value: Broker

    A boy holds on tight as his gaming console nearly blows him away.

    Shares in Playside Studios Ltd (ASX: PLY) are down more than 40% over the past year, but if the team at Shaw and Partners are to be believed, they could more than double in the coming 12 months.

    Strong results posted on the back of new game

    Playside last week released its FY26 results, with revenue of $54.9 million coming in higher than guidance of $50-$53 million and 13% up on the previous year.

    The company’s EBITDA came in at $15.5 million and net profit was $5.4 million.

    A major development for the company during FY26 was the release of its game, Mouse: P.I. For Hire.

    Playside Chief Executive Officer Benn Skender said:

    There was clear demand for the title well before launch, and the team converted it with a polished, exceptionally well-reviewed game that has translated directly into strong sales and a franchise we can build on. That is a hard thing to get right in this industry, and it validates both the publishing model we have been building and the studios we choose to back. External Projects has been tougher this year and we have aligned our cost base accordingly. At the same time we have expanded our Business Development team and global presence because we view current conditions as cyclical rather than structural, and we intend to be well positioned as demand recovers. The award of several small projects in recent weeks has been a positive in this regard.

    In the current year the company will be releasing Games of Thrones: War for Westeros, and Dumb Ways to Build, the latter of which will be released in coming weeks.

    Playside said Mouse: P.I. For Hire was the most successful game launch in the company’s history and generated US$28 million in gross sales.

    The company also said it had carried out a restructure which had led to $12 million in annualised savings.

    Shares looking cheap, broker says

    Shaw and Partners said there was not much clarity on the outlook from the company, but with two new games in the pipeline there was the possibility of an earnings boost.

    That said they were predicting a fall in earnings.

    They said:

    FY27 financial guidance is limited, with management highlighting continued MOUSE monetisation, Dumb Ways to Build launching in September, Game of Thrones: War for Westeros in 2H27 and ~$5m of incremental annualised cost savings. We forecast FY27 revenue of $45m (-19% YoY), EBITDA of $11m and cash burn of ~$11m, leaving ~$6m cash at year-end. Our forecasts assume relatively modest contributions from new game launches and External Projects, providing upside should either outperform.

    Shaw and Partners has reduced their price target on Playside from 28 cents to 23 cents, still well above the current level of 11.5 cents.

    Playside is valued at $56.6 million.

    The post This ASX game developer could double in value: Broker appeared first on The Motley Fool Australia.

    Should you invest $1,000 in PlaySide Studios right now?

    Before you buy PlaySide Studios shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and PlaySide Studios wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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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.

  • Everything you need to know about the PLS Group dividend

    Man holding out $50 and $100 notes in his hands, symbolising ex dividend.

    Investors have learned today what the PLS Group Ltd (ASX: PLS) dividend will be following the release of the FY26 result.

    The dividends have been restarted after a weak period for the lithium price. A 121% jump of the realised (sold) price to US$1,488 per tonne helped revenue climb 152% to $1.9 billion and net profit after tax (NPAT) rose 369% to $528 million.

    There won’t be many ASX shares with a market capitalisation of more than $10 million that deliver that level of growth during this reporting season.

    During the year, and thanks to improving lithium prices and market confidence, the ASX lithium share changed from defensive positioning to growth-focused. This led the business to restart the Ngungaju processing plant and update the study timelines for the P2000 and Colina projects.

    The company also noted that the P2000 and Colina project feasibility studies have progressed and the P2000 pre-FID investment of approximately $175 million capital expenditure was approved in June.

    PLS dividend announced

    The PLS Group board of directors declared a fully franked final dividend of 5 cents per share. This represents a total payment of approximately $161 million to shareholders.

    PLS Group said the declared amount is in line with its capital management framework and dividend policy.

    The dividend represents a dividend payout ratio of 22% of FY26 adjusted free cash flow. The ASX lithium share noted that adjusted free cash flow is statutory operating cash flow minus tax paid and tax payable, minus sustaining capital (including capitalised waste mine development) and excludes customer prepayments.

    When will this be paid?

    Before we get to the payment date, we need to look at the ex-dividend date.

    The ex-dividend date is the cutoff for entitlement to the upcoming dividend. PLS Group announced that its ex-dividend date is Wednesday, 2 September 2026. Therefore, the last day that investors can invest and gain entitlement to the payout is 1 September 2026 – just over a week away.

    Following that, owners of PLS shares will receive the payment into their bank accounts on 24 September 2026.

    At the pre-open price, the FY26 dividend represents a dividend yield of 1% excluding franking credits and 1.4% including franking credits. That’s not exactly a huge dividend yield, but the company is deliberately holding onto its cash so it can invest in its growth projects like Colina and P2000.

    The company’s capital expenditure is expected to more than double to between $620 million to $685 million for FY27 as the business invests for growth.

    The post Everything you need to know about the PLS Group dividend appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Pls Group right now?

    Before you buy Pls Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Pls Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    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.