Hot Stocks: Domain Holdings Australia, Guzman y Gomez, Mayne Pharma, Rural Funds Group

[videojs_video url=’https://du7x25at22z7c.cloudfront.net/HS_21022025_V1/single_720p.mp4′ poster=’http://www.finnewsnetwork.com.au/newssystem/seqcmsfiles/2025/02/UuFL87NFZ7RO9YgL6Jkp_1920x1080_12224.jpg’]

Domain Holdings Australia (ASX:DHG) has received an unsolicited, non-binding proposal from CoStar Group to acquire 100% of its shares for $4.20 per share in cash. The offer price will be adjusted for any dividends paid before the transaction, except for a 2c dividend announced on 13 February 2025. CoStar has already acquired a 16.9% stake in Domain at the same price on 20 February 2025. Shares are trading 39.58% higher at $4.36.

Guzman y Gomez (ASX:GYG) has reported strong financial growth in its 2025 Half-Year Report. Revenue rose by 27% to $212.4 million, while EBITDA increased by 67% to $31.6 million. The company recorded a net profit after tax of $7.3 million, a sharp turnaround from the $3.96 million loss in the previous period. Its restaurant network expanded to 239 locations, with 19 new openings across Australia and Singapore. While sales growth remained strong in these markets, the company’s US operations experienced a decline. No dividend was declared. Shares are trading 9.49% lower at $40.72.

Mayne Pharma (ASX:MYX) has entered into a scheme implementation deed with Cosette Pharmaceuticals, which will acquire the company for A$7.40 per share in cash, valuing it at approximately A$672 million. The offer price represents a significant premium to Mayne’s recent trading prices. The Board has unanimously recommended the scheme, provided no superior offer emerges and an independent expert confirms it is in shareholders’ best interests. The transaction remains subject to regulatory and shareholder approvals, with implementation expected between late May and early June 2025. Shares are trading 33.09% higher at $7.20.

Rural Funds Group (ASX:RFF) reported a 17.3% rise in net property income to $45.5 million, driven by macadamia developments. AFFO and distributions per unit met forecasts at 5.73 and 5.87 cents, while NAV fell 1.2% to $3.10. Leasing covered $119 million in assets, including deals with TRG JV and Treasury Wine Estates (ASX:TWE). Development continues, supported by $155.9 million in debt, with asset sales planned to cut gearing. FY25 and FY26 forecasts remain unchanged. Shares are trading 0.89% lower at $1.67.