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Core Thesis: Canadian National Railway (CN) is a wide-moat, irreplicable infrastructure asset whose recent cyclical underperformance has created an attractive entry point. I believe the market is underappreciating a powerful, long-term secular tailwind: the reshoring and nearshoring of critical manufacturing and supply chains to North America.

Summary Ikeja Hotel Plc delivered a strong financial performance in the nine months ended September 2025, reflecting significant growth in revenue and profitability. Improved operating efficiency and robust finance income helped boost bottom-line earnings, positioning the Group for a solid FY2025 close.

1. Digital Ad Dominance That Prints Cash Alphabet is the undisputed heavyweight champion of digital advertising — responsible for nearly 30% of global ad spend.

MINISO Investment Thesis This analysis is based on the MINISO 2024 Q4 and 2025 Q1 earnings call presentations and the provided transcript. # Catalysts MINISO has several key growth drivers that could meaningfully impact sales and earnings: Global Store Network Expansion: The primary catalyst is the aggressive and ongoing expansion of its store network, both in China and, more significantly, in overseas markets.

--- Revival Gold: Valuation Potential Key Projects: 1. Beartrack-Arnett (Idaho): Resource: 4M oz (1 gpt), growing.

Executive Summary Stanbic IBTC Holdings Plc delivered a strong top-line and bottom-line performance in 9M 2025, driven by robust interest income, sustained fee-based earnings , and improved cost efficiency. The Group recorded record profit before tax (PBT) of ₦393.8 billion , up 77% year-on-year , and profit after tax (PAT) of ₦278.5 billion , up 52% year-on-year , supported by strong trading and non-interest income growth.

Ex-pack Corrugated Cartons PLC Introduction Ex-pack Corrugated Cartons PLC, a subsidiary of Aberdeen Group was established in 1997, It is a Manufacturer and marketer of high quality printed corrugated cartons to an infinite range of customized high quality packaging solutions for both sri lankan and export markets. Ex-pack corrugated cartons limited provides conception, design, prototyping and production of die cut, laminated, telescopic and value-added cartons to suite the bespoke packaging requirements of clients.

SIP – 2Q2025 Review: Solid Core Operations, Expanding Land Bank 2Q2025 Results: SIP reported revenue of VND 2,100 billion (+10% YoY) and NPAT-MI of VND 309 billion (+3% YoY). For 6M2025 , net profit reached VND 660 billion (+21% YoY).

3Q2025 Results: Revenue and net profit reached VND 312 billion (+17% YoY) and VND 204 billion (+10% YoY) , respectively. For 9M2025 , revenue totaled VND 870 billion (+17% YoY) and net profit VND 563 billion (+8% YoY).