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Telstra Revisited

Hamish Carlisle
Hamish Carlisle Merlon Capital Partners

When Merlon was established in 2010 and we first formally reviewed Telstra, the stock was trading at $2.64. The top down (and perhaps consensus) view at that time was that the company faced enormous structural challenges stemming from the ongoing decline in fixed line voice services, intense competition in mobile... Show More

a2 Milk: what the market has missed

Livewire Exclusive

a2 Milk entirely side-stepped the carnage faced by other market darlings over the last 12 months to gain more than 282% in this timeframe, and a remarkable 1,115% since listing in 2015. In this exclusive interview, Jonathan Koh from Greencape Capital outlines the additional tailwinds the market has missed with... Show More

A few tips for you - though not for the Melbourne Cup

Schroders Australia
Schroders Australia Fund Manager

In honour of the forthcoming Melbourne Cup, let’s start with a quick trivia question: In how many calendar years has the favourite finished first in each leg of Australian racing’s ‘Grand Slam’? For the record, this four-legged achievement (in more ways than one) takes in the Golden Slipper, the Caulfield... Show More

Managing a bubble

Marcus Padley
Marcus Padley Marcus Today

You may have seen an article recently about the head of the Dutch central bank, Klaas Knot, who is also a governor on the ECB, saying that “the picture resembles that of the period before the financial crisis”, that we are “about to witness a brutal collapse in asset prices”.... Show More

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Bearing in mind of course its central bankers and Nobel prize winners that got us into this mess? By the way why is a PE of 23 an over valuation when money on deposit is the equivalent o [...]

The yield trap of 2017

Daniel Mueller
Daniel Mueller Vertium Asset Management

Want to know the biggest yield trap of 2017? Each year there are dividend plays that turn out to be yield traps. In 2012, it was QBE. During 2012 to 2014, we saw several consumer stocks turn out to be yield traps including Seven West Media, David Jones and Myer.... Show More

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A little too much "tea leaf" reading in this analysis. The technology landscape in 2022 is impossible to guess but one thing is for sure is that it will be a massive revenue pot. Five ye [...]

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richard dobosz

excellent thank you

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Andrew Button

Nice simplified projection. But surely the TLS board and management will develop new business niches and revenue streams over the next 5 years. If they dont show good progress in this [...]

Optimistic about A2 Milk

Robert Frost
Robert Frost OC Funds Management

The A2 Milk Company continues to re-rate on the back of a very strong trading performance driven by ongoing gross margin expansion and continued rapid growth in sales of its A2 Platinum infant formula, especially in the large Chinese market. Show More

Former market darling offers compelling value

Livewire Exclusive

Markets tend to overreact on both the upside and the downside. Two years ago, Sirtex was trading at $40 per share and expectations were running high. Following several disappointing announcements, it’s now trading around $15. In this video, Matthew Booker from Spheria explains why they think it offers great value. Show More

Upcoming bank results should cheer investors

Stuart Jackson
Stuart Jackson Montgomery Investment Management

Three of Australia’s biggest banks – Westpac (ASX: WBC), ANZ (ASX: ANZ) and NAB (ASX: NAB)– are about to report, and we think there’s plenty of reasons to be optimistic. A turnaround in the trajectory of net interest margins, and good news on bad and doubtful debts, should leave investors... Show More