1 00:00:05,160 --> 00:00:07,840 Speaker 1: This is what the Flux I'm brand, I'm justin and 2 00:00:07,880 --> 00:00:09,360 Speaker 1: it's Wednesday, the eighth of October. 3 00:00:09,400 --> 00:00:12,520 Speaker 2: Well, juzzy boy, Happy October to you and the family. 4 00:00:12,640 --> 00:00:15,720 Speaker 2: That's what all the bitcoiners have been saying after bitcoin 5 00:00:15,760 --> 00:00:17,680 Speaker 2: hit a fresh record of one hundred and twenty five 6 00:00:17,760 --> 00:00:20,279 Speaker 2: thousand US dollars per coin over the weekend. And it 7 00:00:20,320 --> 00:00:22,960 Speaker 2: seems like October is always an uppish month for bitcoin, 8 00:00:23,120 --> 00:00:25,520 Speaker 2: rising in nine of the last ten Octobers. 9 00:00:25,560 --> 00:00:27,639 Speaker 1: If you don't wind flux amm there have been five 10 00:00:27,720 --> 00:00:30,680 Speaker 1: consecutive months of gains on the ASX two hundred, but 11 00:00:30,760 --> 00:00:33,520 Speaker 1: September was a little bit different to climb by nearly 12 00:00:33,600 --> 00:00:35,320 Speaker 1: one percent. And in the Flex app, we take a 13 00:00:35,320 --> 00:00:38,519 Speaker 1: look at the four highest performing ASX two hundred stocks 14 00:00:38,600 --> 00:00:41,920 Speaker 1: in September twenty twenty five. Some very very interesting names 15 00:00:41,920 --> 00:00:43,280 Speaker 1: in there. So if you want to learn more about 16 00:00:43,280 --> 00:00:45,600 Speaker 1: the best performing stocks in September, make sure to download 17 00:00:45,600 --> 00:00:46,960 Speaker 1: the Flux app and check it out. 18 00:00:47,080 --> 00:00:49,800 Speaker 2: Three delicious stories today, Juzzy boy, let's do it for 19 00:00:49,960 --> 00:00:54,000 Speaker 2: our first eggers. Automotive, the ASX listed car retailer, has 20 00:00:54,040 --> 00:00:57,400 Speaker 2: invested one billion dollars into a Canadian car dealer as 21 00:00:57,400 --> 00:01:00,240 Speaker 2: it plans for global and domestic expand. 22 00:01:00,320 --> 00:01:03,120 Speaker 1: Revving their engines aggressively for growth. B Man so tell 23 00:01:03,200 --> 00:01:03,680 Speaker 1: us more so. 24 00:01:03,800 --> 00:01:07,280 Speaker 2: Eagers Automotive is the largest automotive retail company in Australia. 25 00:01:07,360 --> 00:01:09,560 Speaker 2: Found it all the way back in nineteen thirteen. 26 00:01:09,840 --> 00:01:12,120 Speaker 1: They handle all things car related. We'd be talking the 27 00:01:12,160 --> 00:01:13,679 Speaker 1: sale of newer news vehicles. 28 00:01:13,720 --> 00:01:15,560 Speaker 2: They provide servicing and parts. 29 00:01:15,560 --> 00:01:18,480 Speaker 1: They also handle financing and car insurance as well. Recently 30 00:01:18,520 --> 00:01:21,240 Speaker 1: it's business Easy Auto one two three achieved a record 31 00:01:21,280 --> 00:01:24,560 Speaker 1: half year performance from selling pre owned cars in Australia 32 00:01:24,600 --> 00:01:24,959 Speaker 1: and now. 33 00:01:24,959 --> 00:01:28,560 Speaker 2: Juzzy boy, Eagers has struck up its first major international deal. 34 00:01:28,640 --> 00:01:31,240 Speaker 1: Yep, we'd be talking a one billion dollar investment into 35 00:01:31,280 --> 00:01:33,600 Speaker 1: Canada One, which has grown into one of the largest 36 00:01:33,640 --> 00:01:36,680 Speaker 1: car dealership groups in Northern America. And with this new investment, 37 00:01:36,760 --> 00:01:39,720 Speaker 1: Eagers will have a sixty five percent majority steak in 38 00:01:39,800 --> 00:01:42,280 Speaker 1: Canada One and b Man. This positions the Eager crew 39 00:01:42,280 --> 00:01:45,199 Speaker 1: as a market leader in the car industry, both domestically 40 00:01:45,319 --> 00:01:46,400 Speaker 1: and abroad as well. 41 00:01:46,440 --> 00:01:48,840 Speaker 2: Yep, they're basically taking their easy Auto one to three 42 00:01:48,840 --> 00:01:52,120 Speaker 2: blueprint and slapping on some snow tires and exporting it 43 00:01:52,160 --> 00:01:53,919 Speaker 2: straight to the Great White North. 44 00:01:54,000 --> 00:01:55,760 Speaker 1: Yeah, so what is the key learning here. 45 00:01:55,880 --> 00:01:59,800 Speaker 2: Not every Aussie success story survives the long haul trip overseas. 46 00:02:00,120 --> 00:02:03,080 Speaker 1: Many ozzie companies try to bottle local success and sell 47 00:02:03,120 --> 00:02:03,800 Speaker 1: it globally. 48 00:02:03,880 --> 00:02:06,400 Speaker 2: Now Eggers is doing just that. They're taking the success 49 00:02:06,440 --> 00:02:08,720 Speaker 2: of easy Auto one two three that model, and they're 50 00:02:08,720 --> 00:02:09,760 Speaker 2: taking it abroad. 51 00:02:09,480 --> 00:02:11,720 Speaker 1: And be man. Easy one two three is dominated in 52 00:02:11,760 --> 00:02:13,000 Speaker 1: Australia's use cast set. 53 00:02:13,080 --> 00:02:14,920 Speaker 2: In the first half of this year, Easy Auto one 54 00:02:14,919 --> 00:02:16,799 Speaker 2: two three lifted profits by thirty three. 55 00:02:16,680 --> 00:02:19,720 Speaker 1: Percent and it's dominating with its yellow branding and its 56 00:02:19,760 --> 00:02:21,040 Speaker 1: best price guarantee. 57 00:02:21,040 --> 00:02:24,320 Speaker 2: But history shows that local magic doesn't always translate overseats. 58 00:02:24,360 --> 00:02:27,040 Speaker 1: I remember when Bunnings took its snags and its diy 59 00:02:27,120 --> 00:02:27,959 Speaker 1: empire to the UK. 60 00:02:28,160 --> 00:02:29,440 Speaker 2: I do and it just did not stick. 61 00:02:29,520 --> 00:02:31,720 Speaker 1: Nope, it did not stick. It caused a one billion 62 00:02:31,720 --> 00:02:33,480 Speaker 1: dollar right down for West Farmers, its owner. 63 00:02:33,560 --> 00:02:36,040 Speaker 2: Now for Eggers, the challenge will be proving its warehouse 64 00:02:36,160 --> 00:02:39,400 Speaker 2: style fixed price model can actually work in another country, and. 65 00:02:39,360 --> 00:02:41,320 Speaker 1: If it does, it's time to put pedal to the 66 00:02:41,320 --> 00:02:42,840 Speaker 1: metal on global expansion. 67 00:02:42,960 --> 00:02:46,320 Speaker 2: For our second story, the ASX is finally facing some 68 00:02:46,440 --> 00:02:50,440 Speaker 2: real competition as CBO Australia gets the green light to 69 00:02:50,520 --> 00:02:51,520 Speaker 2: list company. 70 00:02:51,240 --> 00:02:53,720 Speaker 1: Oh, the asx's monopoly might be cracking. 71 00:02:53,720 --> 00:02:55,560 Speaker 2: Be Man, so tell me what all right, Josep, Wait 72 00:02:55,600 --> 00:02:57,519 Speaker 2: to take you back to twenty eleven when you were 73 00:02:57,600 --> 00:03:00,520 Speaker 2: obsessed with LMFAO. You wouldn't stop talking about it omfo 74 00:03:00,680 --> 00:03:01,119 Speaker 2: all year? 75 00:03:01,280 --> 00:03:03,800 Speaker 1: Did love party rock at them ever? Got a selfie 76 00:03:03,840 --> 00:03:05,480 Speaker 1: with red Food. It was the same year that chai 77 00:03:05,680 --> 00:03:08,400 Speaker 1: X launched as a rival trading platform to the ASEX. 78 00:03:08,400 --> 00:03:10,440 Speaker 2: In twenty twenty one, chai X was acquired by Cibo 79 00:03:10,520 --> 00:03:13,160 Speaker 2: Global Markets and became CEBO Australia. 80 00:03:13,200 --> 00:03:16,160 Speaker 1: But be Man. Until now, Cebo Australia could only host 81 00:03:16,240 --> 00:03:18,080 Speaker 1: exchange traded funds or ETFs. 82 00:03:18,120 --> 00:03:21,360 Speaker 2: But now ASEK has just approved Cibo to start listing 83 00:03:21,400 --> 00:03:22,000 Speaker 2: companies too. 84 00:03:22,120 --> 00:03:25,000 Speaker 1: That means businesses will have another option when going public 85 00:03:25,040 --> 00:03:26,000 Speaker 1: in Australia. 86 00:03:25,600 --> 00:03:27,239 Speaker 2: And does it boy, Well, this is good news for 87 00:03:27,320 --> 00:03:29,800 Speaker 2: CEBO and companies looking to list. It's bad news for 88 00:03:29,840 --> 00:03:31,000 Speaker 2: the ASX. 89 00:03:30,520 --> 00:03:33,360 Speaker 1: Which is both a market operator but also a public 90 00:03:33,360 --> 00:03:38,400 Speaker 1: company listed on You guested the ASX very metah next minute, 91 00:03:38,440 --> 00:03:41,080 Speaker 1: the asx's share price fell over two percent. 92 00:03:40,840 --> 00:03:42,840 Speaker 2: Because the ASEX has been through the ringer over the 93 00:03:42,880 --> 00:03:45,840 Speaker 2: past few years and its new rival wants to pounce, 94 00:03:45,880 --> 00:03:48,000 Speaker 2: So true, So what is the key learning year? Even 95 00:03:48,000 --> 00:03:50,840 Speaker 2: the strongest monopolies can lose dominance when they don't have 96 00:03:50,960 --> 00:03:54,280 Speaker 2: competition to drive them forward. For decades, the AX has 97 00:03:54,320 --> 00:03:56,880 Speaker 2: been the only stage in town for ozzie companies looking 98 00:03:56,880 --> 00:03:59,960 Speaker 2: to list and trade, clear and settle. But it's dominant 99 00:04:00,240 --> 00:04:03,040 Speaker 2: and a few high profile tech disasters have left the 100 00:04:03,120 --> 00:04:05,080 Speaker 2: door wide open for a challenger. 101 00:04:05,160 --> 00:04:08,280 Speaker 1: Of course, b Man. There was their failed blockchain chess upgrade, 102 00:04:08,280 --> 00:04:10,760 Speaker 1: which is now estimated to cost two hundred million dollars 103 00:04:10,840 --> 00:04:12,560 Speaker 1: more for the ASEX than initially planned. 104 00:04:12,680 --> 00:04:15,520 Speaker 2: There was a major outage in late twenty twenty four, and. 105 00:04:15,520 --> 00:04:18,279 Speaker 1: In August Assex sued the ASEX for misleading statements. 106 00:04:18,360 --> 00:04:21,560 Speaker 2: And also in August, the Assex mistook TPG Private Equity 107 00:04:21,600 --> 00:04:25,440 Speaker 2: for TBG Telecom in a company announcement and that really 108 00:04:25,440 --> 00:04:26,160 Speaker 2: through investors. 109 00:04:26,200 --> 00:04:29,120 Speaker 1: Yeah so now, b Man Cibo's entry could cause a 110 00:04:29,200 --> 00:04:32,200 Speaker 1: wave of change to the public markets in Australia. 111 00:04:31,800 --> 00:04:34,040 Speaker 2: And ASSE is hoping that this approval would create a 112 00:04:34,040 --> 00:04:37,360 Speaker 2: healthy rivalry that keeps the AX accountable. 113 00:04:36,839 --> 00:04:38,760 Speaker 1: And pushes the whole market forward. 114 00:04:38,839 --> 00:04:42,640 Speaker 2: For our third and final story, Paramount Skydance has made 115 00:04:42,640 --> 00:04:46,120 Speaker 2: its first major acquisition since its own merger, acquiring The 116 00:04:46,160 --> 00:04:48,920 Speaker 2: Free Press for one hundred and fifty million US dollars. 117 00:04:49,000 --> 00:04:51,560 Speaker 1: Paramount skuidants making moves under its new boss. So what 118 00:04:51,720 --> 00:04:52,479 Speaker 1: is going on here? So? 119 00:04:52,600 --> 00:04:54,520 Speaker 2: The founder of the Free Press, Barry Weese, is a 120 00:04:54,600 --> 00:04:57,200 Speaker 2: US journalist who rose to fame the New York Times. 121 00:04:57,200 --> 00:04:59,240 Speaker 1: Then she quit in twenty twenty because she didn't like 122 00:04:59,279 --> 00:05:00,520 Speaker 1: where the New York Times as headed. 123 00:05:00,640 --> 00:05:02,719 Speaker 2: She launched the Free Press from her living room in 124 00:05:02,760 --> 00:05:05,000 Speaker 2: twenty twenty one, and it has grown rapidly. 125 00:05:05,120 --> 00:05:07,760 Speaker 1: We'd be talking one and a half million subscribers on 126 00:05:07,839 --> 00:05:11,159 Speaker 1: substack and now Paramount Skydance, the new merged company, has 127 00:05:11,200 --> 00:05:13,360 Speaker 1: announced plans to buy The Free Press for one hundred 128 00:05:13,360 --> 00:05:15,360 Speaker 1: and fifty million US dollar dues and be man at. 129 00:05:15,400 --> 00:05:18,200 Speaker 1: The Free Press will sit under CBS, which is Paramount 130 00:05:18,200 --> 00:05:22,040 Speaker 1: Skydancer's mass media company founded way back in nineteen twenty. 131 00:05:21,839 --> 00:05:23,640 Speaker 2: Seven and Juzzy Boy. While the Free Press is at 132 00:05:23,640 --> 00:05:26,640 Speaker 2: one point five million subscribers is not huge, it has 133 00:05:26,720 --> 00:05:30,680 Speaker 2: one hundred and seventy five thousand paying subscribers and twenty million. 134 00:05:30,520 --> 00:05:33,040 Speaker 1: US dollars in annual revenue, and that is pretty pretty 135 00:05:33,080 --> 00:05:35,839 Speaker 1: good for a newsletter that has been delivered on Substack 136 00:05:35,960 --> 00:05:38,320 Speaker 1: and an Instagram page. Very true, So what is the 137 00:05:38,360 --> 00:05:39,039 Speaker 1: key learning here? 138 00:05:39,120 --> 00:05:43,040 Speaker 2: These days a handful of creators can rival broadcast newsrooms 139 00:05:43,080 --> 00:05:44,640 Speaker 2: that really took a century to build. 140 00:05:44,880 --> 00:05:48,160 Speaker 1: Platforms like Substack and Patreon and YouTube have lipped the 141 00:05:48,200 --> 00:05:49,840 Speaker 1: traditional media playbook. Yep. 142 00:05:49,839 --> 00:05:53,560 Speaker 2: They've allowed small and focused teams to build personal connections 143 00:05:53,600 --> 00:05:54,640 Speaker 2: with their audience and. 144 00:05:54,640 --> 00:05:56,880 Speaker 1: Generate subscription revenue. As opposed to. 145 00:05:56,800 --> 00:05:59,560 Speaker 2: Add juzzyboy, The Free Press has been able to successfully 146 00:05:59,560 --> 00:06:01,480 Speaker 2: convert a huge chunk of its audience. 147 00:06:01,520 --> 00:06:04,280 Speaker 1: According to Special All Media, the typical conversion rate of 148 00:06:04,320 --> 00:06:07,520 Speaker 1: a media publisher from free subscriber to paid subscriber sits 149 00:06:07,560 --> 00:06:09,839 Speaker 1: between zero point five percent and two percent. 150 00:06:09,920 --> 00:06:12,960 Speaker 2: In comparison, the Free Press is converting over eleven percent 151 00:06:13,040 --> 00:06:14,800 Speaker 2: of their audience into plants subscribers. 152 00:06:14,800 --> 00:06:17,400 Speaker 1: And that's why big players are now buying into creator 153 00:06:17,520 --> 00:06:18,080 Speaker 1: lead brands. 154 00:06:18,240 --> 00:06:20,760 Speaker 2: It's not for their infrastructure, of which there is. 155 00:06:20,680 --> 00:06:23,800 Speaker 1: In March, It's for their influence and connection to their community. 156 00:06:23,839 --> 00:06:26,800 Speaker 2: The big challenge is scaling the business under corporate ownership. 157 00:06:26,480 --> 00:06:28,560 Speaker 1: Yep, and only time will tell whether this still works 158 00:06:28,560 --> 00:06:31,320 Speaker 1: for both The Free Press and paramount skuidars b Man, 159 00:06:31,360 --> 00:06:33,760 Speaker 1: Did you know that there is an Australian listed company 160 00:06:33,800 --> 00:06:36,080 Speaker 1: that had a forty one percent jump in a share 161 00:06:36,120 --> 00:06:39,320 Speaker 1: price on the AX last month. Wow yep. It's an 162 00:06:39,320 --> 00:06:43,159 Speaker 1: Australian defense company and it has absolutely boomed after during 163 00:06:43,200 --> 00:06:45,080 Speaker 1: some major contracts a flux Dan. If you want to 164 00:06:45,080 --> 00:06:47,320 Speaker 1: see the massive jumps in the ASX two hundred, they 165 00:06:47,320 --> 00:06:49,400 Speaker 1: shure to download the Flux out and check out our 166 00:06:49,480 --> 00:06:51,760 Speaker 1: article on the best performing companies in September. 167 00:06:51,800 --> 00:06:54,280 Speaker 2: Thanks for listening and we'll see you on for write Ay.