UPDATE: Two ASX 300 shares are now being highlighted as prime candidates for long-term investment, with potential for significant growth over the next decade. Investment experts are urging investors to consider these stocks immediately, given their compelling performance metrics and robust market positions.
Tuas Ltd (ASX: TUA), a Singapore-based telecommunications provider, has demonstrated remarkable growth, boasting 1.25 million subscribers by the end of the second half of FY25, reflecting a 19% year-over-year increase. This surge in subscribers has fueled a substantial rise in revenue, which climbed to $151.3 million, a 24% increase from the previous year. Even more impressive, operating profit (EBITDA) spiked by 38%, reaching $68.4 million, enhancing profit margins to 45%.
The company’s strategic expansion plans include a recent capital raising to fund its acquisition of M1, another key player in Singapore’s telco market. This move is expected to bolster Tuas’s profitability and market share. Experts are optimistic about Tuas’s potential to penetrate other Asian markets, further expanding its customer base and revenue streams.
Meanwhile, Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), a diversified investment conglomerate with over 120 years of operation, is also being spotlighted for its stability and growth potential. With investments spanning multiple sectors, including telecommunications, resources, and agriculture, Soul Patts is poised for continued success. The company has consistently increased its annual ordinary dividend every year since 1998, providing a reliable income stream for investors.
Investors are particularly encouraged by Soul Patts’s recent international ventures, which could unlock further growth opportunities. Over the past five years, Soul Patts shares have returned an average of 15.2% per year, outperforming the S&P/ASX 200 Index by 2.2% annually.
Analysts assert that both companies are positioned for long-term success, making them appealing options for buy-and-hold investors. As interest in these stocks rises, market watchers recommend acting swiftly to capitalize on their growth trajectories.
In a climate where strategic investments can yield significant returns, both Tuas and Washington H. Soul Pattinson present compelling cases for immediate consideration. Investors are advised to stay alert for further developments from these promising ASX 300 shares.
For those looking to enhance their portfolios, this is an urgent call to action. Don’t miss out on these opportunities—investors should evaluate their positions in Tuas and Soul Pattinson today.
