Company Interview / Gold, media & REIT moves

Rudi Filapek-Vandyck from FN Arena shares insights on the market's current dynamics. On the gold front, he notes that Evolution Mining (ASX:EVN) faces downgrades from UBS and Jefferies, citing the need for increased CapEx which suggests inflated share prices.

In the media sector, Rudi highlights UBS’s optimism on oOh!media (ASX:OML) due to stabilising market share and possible Reserve Bank rate cuts boosting advertising. This provides a hopeful outlook for a sector recently pressured by declining revenues.

Discussing REITs, Rudi mentions his investment in HomeCo Daily Needs REIT (ASX:HDN), benefiting from stable clients like Coles (ASX:COL) and Woolworths (ASX:WOW). Post-COVID stability and potential RBA rate cuts may drive dividend growth, with Ord Minnett increasing its price target to $1.46.