We cut our fair value by 26% but the market has overreacted.

Our view after the shares stand after a 20% drop.

Latest earnings show continued strength.

Shares plunged over 17% after reporting disappointing results.

Our view on CanadaOne acquisition.

Shares are currently fairly valued with a Wide Moat rating.

We raise our earnings forecast 11% for next year.

Cost reductions lower our profit estimates but should lead to improved long-term outcomes.

Qantas’ budget brand performing well, with segment earnings up 55%.

a2Milk announced an acquisition and a divestiture as it aims to take a bigger slice of China’s baby formula market.