Education
More than 50% of LICs on the ASX are currently trading at a discount, including more than 30% trading at a discount of 10% or more. Geoff Wilson AO, Chairman and Chief Investment Officer of Wilson Asset Management, says that buying LICs at a discount is like “a real-life Boxing... Show More
Investment Theme
Labor’s proposal to scrap franking credit cash rebates has been one of the most divisive and important topics of debate for Livewire readers. Earlier this week Geoff Wilson AO, Chairman of Wilson Asset Management, made his case for preserving the existing system. Here are the key points delivered in his... Show More
Over the last decade shareholders have been asking us to establish a listed investment company (LIC) that provides exposure to undervalued international growth companies selected under the Wilson Asset Management investment strategy. Show More
When the market hit the 5000 mark for the first time since the global financial crisis in early 2013, it spurred me to plan the launch of the first listed investment company to provide investment and social returns. Show More
Buy Hold Sell
Financials are at a crossroads. On the one hand, banks and insurance companies are set to benefit from recovering global growth and higher interest rates. However, many financials face increasing competition from fintech disruptors, often backed by the world’s largest technology companies such as Alipay, Apple Pay, and Ant Financial. Australia... Show More
Buy Hold Sell
There was a time when Telstra was a staple of almost every Australian investor’s portfolio. Stable earnings and a big fully-franked yield meant that it never had problems attracting buyers. Things are different now. After cutting its dividend in August, Telstra is now down >30% year to date. In the latest... Show More
Buy Hold Sell
In this episode of Buy Hold Sell Matthew Kidman from Centennial Asset Management asks Geoff Wilson AO from Wilson Asset Management and Charlie Aitken from Aitken Investment Management for their views on some of the big names in Mining & Energy. Resources have performed well as recovery and reflation increasingly becomes... Show More
It was Monday, 19 October 1987, and I thought the world of finance was ending. I remember the feeling like it was yesterday. I was a 29-year old stockbroker, living and working in New York, witnessing the biggest market meltdown since the crash of 1929. Show More
Buy Hold Sell
What do Brexit, the NBN, and Star Wars all have in common? They’ve all caused significant falls in the prices of certain ASX stocks. Brexit has weighed on the share price of multinational fund manager, Henderson Group; the NBN and competition in the telcos sector have harmed the stock price... Show More
Buy Hold Sell
At the inaugural Buy Hold Sell Live event, we dialled up the ‘intellectual horsepower’ and heard from three leading Australian fund managers; Geoff Wilson AO from Wilson Asset Management, Steve Johnson from Forager Funds, and John Murray from Perennial Value Management. Find out which stocks have been making headlines for... Show More
Buy Hold Sell
Livewire recently hosted an intimate investor evening where a handful of investors had the opportunity to hear how three local fund managers are investing today. The session covers the big picture view, investing strategy and also touches on a handful of stocks that look attractive (and a few that don’t). ... Show More
We believe news media company APN News & Media Limited (ASX: APN) represents compelling value post demerger of its NZ assets. APN recently moved to spin off New Zealand Media and Entertainment (NZME) and raise $180 million through an entitlement offer to shareholders. Following the demerger of NZME, APN also... Show More
As the share prices of listed investment companies (LICs) have traded closer to their true underlying values or net tangible assets (NTA), a flood of money has poured into the sector. The Australian Securities Exchange (ASX) reports the total number of LICs has jumped from 51 to 87 over the... Show More
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