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Value Model Portfolio Rebalancing EXIT (ASX: RFF) and ENTRY (ASX: LOV)

Feb 20, 2026 | Team Kalkine
Value Model Portfolio Rebalancing EXIT (ASX: RFF) and ENTRY (ASX: LOV)
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  • RFF:ASX
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (AU$)
  • LOV:ASX
  • Investment Type
    Mid - Cap
  • Risk Level
  • Action
  • Rec. Price (AU$)

1. Exit Case: 

Overview Rural Funds Group (ASX: RFF) is an Australia-based real estate investment trust (REIT). The company owns a diversified portfolio of agricultural assets that are leased predominantly to corporate agricultural operators. It is primarily engaged in the development and leasing of agricultural properties and equipment.

RFF has been a part of the ‘Value Model Portolio’ since 20 July 2023, however, considering the recent rally, trading near the resistance in the stock, support & resistance levels, and ~2.01% upside from the entry price, an ‘Exit’ is recommended from the stock near the resistance of AUD 2.03, as on February 20, 2026. In addition, the company distributed dividends equivalent to AUD 0.29 per share since entry resulting in an overall gain of 16.3% since inclusion in the portfolio.

Rural Funds Group (ASX: RFF) part of Kalkine’s Value Model Portfolio has reached near its resistance level around which an exit case emerges.

 1.1 Rural Funds Group (ASX: RFF)

One Year Technical Price Chart (as of 20 February 2026). Source: REFINITIV, Analysis: Kalkine Group

2.New Entry Case: Lovisa Holdings Limited (ASX: LOV) 

Overview: Lovisa Holdings Limited (ASX: LOV) is an Australia-based specialist fast fashion jewellery retailer. The Company and its subsidiaries are primarily involved in the retail sale of fashion jewellery and accessories. The Company is also focused on designing, developing, sourcing, and merchandising all its branded products.

Technical Analysis: On the daily chart, LOV continues to trade above a key horizontal trendline support, preserving a stable upward price structure. The 14-period Relative Strength Index (RSI) at 36.06. However, the stock is trading below its 21-period Simple Moving Average (SMA), which is acting as dynamic resistance. 

Considering the above mentioned factors, technical analysis, support & resistance levels, key risks and outlook an ‘Entry’ is recommended in the ‘Value Model Portfolio’ at the closing market price of AUD 26.21, as on February 20, 2026.

 Source: REFINITIV as on 20 February 2026

Lovisa Holdings Limited (ASX: LOV) has been identified as the new entry to our Value Model Portfolio.

2.1 Support and Resistance Summary as on 20 February 2026

2.2 One Year Technical Price Chart (ASX: LOV)

One Year Technical Price Chart (as of 20 February 2026 ). Source: REFINITIV, Analysis: Kalkine Group

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of (20 February 2026).The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.


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Past performance is not a reliable indicator of future performance.

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