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Speaker 1: This is what the flucks. I'm Brett and it's fundated

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Speaker 1: twenty fourth and Debruary, Doze Boy.

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Speaker 2: Diamonds might be forever, but diamond prices are not. The

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Speaker 2: price of a single carrot diamond has fallen by thirty

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Speaker 2: seven percent over the past six years as demand for

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Speaker 2: lab grown diamonds.

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Speaker 1: Continues to skyrocke.

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Speaker 2: So the next person that tells you that diamonds are

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Speaker 2: a good investment of the long.

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Speaker 1: Term, I'd recommend thinking again. Fox Am.

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Speaker 3: Did you know every single day the banks does not

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Speaker 3: pass on the cash right cart they make an extra

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Speaker 3: ten million dollars.

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Speaker 1: Wow.

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Speaker 3: We run through why they delayed, how long they normally delayed,

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Speaker 3: and what they've done in the past. So if you're

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Speaker 3: a homeown at or looking to buy home, this is

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Speaker 3: the perfect place to understand the ins and out of

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Speaker 3: how banks work.

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Speaker 1: Make sure to check it out in the Flux app.

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Speaker 2: Three Understandable stories today, Dozzy Boy, let's do it for

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Speaker 2: our first domain, the Digital Property Marketplace, has seen its

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Speaker 2: share price skyrocket thirty seven percent after it received a

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Speaker 2: takeover bid by.

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Speaker 3: A US domain been lagging aria for yongksb Man. So

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Speaker 3: this could be exactly what the doctor ordered, so tell

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Speaker 3: me more.

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Speaker 2: Well, Domain is the real estate marketplace actually started in

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Speaker 2: nineteen ninety six, and get this, it was a lift

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Speaker 2: out part of Fairfax Newspapers. And in nineteen ninety nine,

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Speaker 2: Domain's first website with digital property listings went live. But

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Speaker 2: let's be real here, be Man.

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Speaker 3: Domain has always played second fiddle to real estate dot

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Speaker 3: Com dota you in the real estate industry.

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Speaker 2: Yep, real estate dot com dot U has forty six

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Speaker 2: percent more monthly unique visitors than Domain.

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Speaker 3: In fact, well, Aria Group's share price has more than

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Speaker 3: doubled in the past five years, Domains has pretty much flatlined.

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Speaker 2: But jose wait, last Thursday, some mystery buyer brought up

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Speaker 2: a twenty percent steak in Domain.

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Speaker 1: Aka the Fixer Rupper, And on.

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Speaker 2: Friday it came out that the mystery buyer was co Star,

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Speaker 2: which is a company claiming to be the world's largest

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Speaker 2: real estate information company.

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Speaker 3: Interesting, Beman, and they've announced plans to submit a takeover bid,

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Speaker 3: valuing Domain at two point seven billion dollars.

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Speaker 2: Which by my calculations is more than forty two percent

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Speaker 2: preme on its average share price from the past month.

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Speaker 3: And be Man, no surprise here, but Aria Group share

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Speaker 3: price film more than ten percent on this.

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Speaker 1: News huge, So what is the key learning here?

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Speaker 3: Market leaders can never allow themselves to get comfortable, no

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Speaker 3: matter how big they are.

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Speaker 1: When a casht up competitor enters the scene, it can

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Speaker 1: really change everything.

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Speaker 3: Yeah, Coastar is a global behemoth, it's worth fifty billion US.

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Speaker 1: Dollars and interestingly juzzy boy.

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Speaker 2: Last month, Aria Group CEO shared his secret for smashing Domain.

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Speaker 1: Yeah.

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Speaker 3: He said they out invested Domain on everything from tech

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Speaker 3: to product development to.

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Speaker 1: People, but he's heard at all changes.

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Speaker 3: Yeah, because with a potential new overlord, Domain could actually

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Speaker 3: afford to drop prices, pump millions into marketing, and invest

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Speaker 3: heavily into tech.

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Speaker 2: And this is a blueprint that Costar has tried and

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Speaker 2: tested around the world already.

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Speaker 3: For example, it's spent one billion US dollars to take

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Speaker 3: its homes dot com portal from number six in the

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Speaker 3: US market to number.

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Speaker 1: Two, and it also did the same in the UK.

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Speaker 2: It acquired the second place property marketplace named on the Move,

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Speaker 2: and five x it's marketing spend so b man it.

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Speaker 3: This still goes through Oria Group and its investors might

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Speaker 3: still have the same competitor, but in brand you Ama.

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Speaker 1: For our second story.

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Speaker 2: Guzman Egomez, the biggest IPO listing of twenty twenty four.

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Speaker 1: Mind You, says it's expecting to beat.

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Speaker 2: Its prospectus forecast this financial year, but share price got

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Speaker 2: whacked for one big reason.

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Speaker 3: It's a very spicy jalapeno to swallow for GAG investors,

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Speaker 3: So tell me more well.

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Speaker 2: Guzmanigomez opened its first store in Sydney in two thousand

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Speaker 2: and six as a Mexican fast food chain.

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Speaker 1: The idea was to make fast food that was actually good.

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Speaker 2: Quality, and since then it's grown to operate over two

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Speaker 2: hundred and thirty stores in Australia, Japan, Singapore and the US.

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Speaker 3: And last year b Man Guzmigomes listed on the ASX

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Speaker 3: at a market cap of two point two billion baccarinis.

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Speaker 2: But since then it's share price is more than doubled.

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Speaker 2: Only people are willing to bet big on burritos. Be

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Speaker 2: Man and now Gyg has said it's on track to

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Speaker 2: beat its prospectus profit forecast this financial year.

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Speaker 1: That's thanks to more Brecky sales and more delivery orders

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Speaker 1: as well. That's good news for these new burrito kings.

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Speaker 3: It is, but its share price actually more than ten

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Speaker 3: percent on the news.

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Speaker 1: Why do you reckon it happened?

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Speaker 3: Juzi boy, Well, investors didn't really care about those Australian

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Speaker 3: results because it's US stores weren't performing so well.

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Speaker 1: Oh so what is the key learning here?

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Speaker 2: A significant part of a company's valuation is often tied

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Speaker 2: to its future growth prospect rather than its current earnings.

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Speaker 2: For GYG, a substantial portion of its share price reflects

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Speaker 2: investor expectations when it comes to a successful international expansion,

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Speaker 2: particularly in the very lucrative US market. But the US

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Speaker 2: franchise has flopped. Its US network sales dropped by twelve

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Speaker 2: point seven percent.

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Speaker 1: And the losses they're getting bigger as well.

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Speaker 2: And investors a quick to react when growth markets fail

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Speaker 2: to deliver juzzy boy like the US so Beman. For GYG,

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Speaker 2: turning around its US operations is crucial, not just for

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Speaker 2: revenue growth, but for maintaining.

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Speaker 1: Its high valuation.

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Speaker 3: For our third and final story, Apple has released its

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Speaker 3: new iPhone sixteen E last week as it struggles to

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Speaker 3: compete in the smartphone market against cheaper competitors.

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Speaker 1: Can you smell that, jazzy boy? I tell you what

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Speaker 1: it smells like. Apple's desperation right now, So tell me

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Speaker 1: what is going on here?

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Speaker 2: Okay?

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Speaker 3: So Apple is the most valuable brand in the whole

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Speaker 3: wide world with its slick designs, it's slick stores, and

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Speaker 3: it's fancy products.

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Speaker 2: From the iPhone to MacBooks, Apple watched air pods. It's

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Speaker 2: got many customers wrap around its trillion dollar fingers.

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Speaker 1: Yeah, but b man, Apple's just done something very uncharacteristic.

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Speaker 1: What's that juzzy boy?

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Speaker 2: Well, normally in its annual Nerdfest, which takes place in September,

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Speaker 2: CEO Tim Cook releases its latest products. But late last week,

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Speaker 2: which was in February, Apple announced the launch of a

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Speaker 2: new cheaper iPhone, the iPhone sixteen E and be Man.

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Speaker 2: This one's got most of the software features in the

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Speaker 2: iPhone sixteen, but at a much cheaper price point and jazzyboy.

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Speaker 2: While Apple claims this has always been part of its plan,

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Speaker 2: it might just be a bit of a hail mary

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Speaker 2: after its iPhone sixteen didn't really drive upgrades during the

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Speaker 2: holiday quarter.

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Speaker 1: So what is the key learning here?

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Speaker 2: In the battle for market share, sometimes even premium brands

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Speaker 2: need a more accessible priced hack.

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Speaker 1: Get this, be Man.

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Speaker 3: Apple's iPhone sales declined in the December quarter by one

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Speaker 3: percent compared to the previous year.

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Speaker 2: Compare that to the expectations of a jump of one

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Speaker 2: point four percent.

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Speaker 3: And this new iPhone was meant to be the Bee's

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Speaker 3: knees with all its sexy Apple Intelligence AI features.

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Speaker 2: But still not enough to convince customers to take the

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Speaker 2: nineteen hundred dollars plunge.

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Speaker 3: You see, b Man Apples not only had a slow

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Speaker 3: December quarter, but it's also losing market share to its

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Speaker 3: cheap arrivals.

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Speaker 2: Apple last one point five percent market share, while cheaper

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Speaker 2: Chinese brands like Shaomi and Vivo scooped up and be Man.

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Speaker 1: It's a bit of a delicate ballaced Apple.

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Speaker 3: If they stay two premium, they risk losing customers to

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Speaker 3: cheaper competitors, and of course, if they go too cheap,

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Speaker 3: they dilute the brand's exclusivity flex amp. Did you know

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Speaker 3: only one third of banks and lenders have passed on

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Speaker 3: the right cut already? We cover everything in the Flux

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Speaker 3: app who's passed on the right cut, when they'll be

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Speaker 3: passing it on, and how much money banks are making

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Speaker 3: right now in the interim period. If you want to

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Speaker 3: check it out, make sure to download the Flux app

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Speaker 3: and read all about the.

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Speaker 1: Cash rate cuts. Thanks for listening, and we'll see you

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Speaker 1: on Wednesday.