Daily Stock Market Report (Tue 9th December 2025) - MOON, OMG, XPF, BEG, BATS, APN

Good morning!

Wrapping it up there, thanks everyone! Spreadsheet accompanying this report: link (last updated to: 10th November).

Companies Reporting
Name (Mkt Cap)RNSSummaryOur View (Author)BHP (LON:BHP) (£113bn | SR94)S$2bn agreement with GIP on WAIO powerAgreement with Global Infrastructure Partners, a part of BlackRock, in relation to BHP's share of Western Australia Iron Ore's inland power network. GIP will provide $2 billion in funding for 49% stake. BHP retains full operational control.British American Tobacco (LON:BATS) (£94.2bn | SR72)2025 H2 Pre-Close Trading UpdateFull-year delivery remains on track. Now expects c.2% revenue and adjusted profit from operations growth for FY25. On track to reduce leverage to within 2.0-2.5x by end 2026. Buyback for 2026 increased to £1.3bn.AMBER/GREEN = (Graham holds)This has been a comfortable hold for me for many years, paying large and consistent dividends even if capital gains have been harder to come by. The company's balance sheet has gradually improved and this has been reflected in a higher share price and earnings multiple (12x), and buybacks are becoming more aggressive and meaningful (more than 1% of the company's market cap being bought back annually). This helps to boost modest adjusted profit...