Investors Mutual

The month of December has seen a number of takeover bids – such as for Tox Free Solutions by Cleanaway, Capitol Health’s intended bid for Integral Diagnostics and the huge Westfield Corporation bid by Unibail-Rodamco. These takeovers have presented something of a Christmas gift to our investors given these stocks... Show More

Investors Mutual

Telstra has a strong position, with 50 per cent share of both fixed line and mobile markets. Importantly, it also has an even more dominant position in the very profitable corporate, government and enterprise service areas. The profits from these businesses, together with its strong balance sheet, position the company... Show More

Investors Mutual

Over the past 12 months, a common headline in the financial pages has pointed to record low levels of volatility, as measured by the frequently quoted VIX volatility index. Yet for Australian equity investors, increasingly volatile share price movements in many stocks belies what the VIX is actually indicating -... Show More

Investors Mutual

The continued success and profitability of Australian banks over the last few decades, as well as recent large capital raisings, means that Australia’s big 4 banks are now valued at over $400 billion by market capitalisation and they account for over 26% of the S&P/ASX 300 index. As a result,... Show More

Investors Mutual

Our mantra at IML is to focus on companies that have: a competitive advantage, with recurring earnings, run by capable management, that can grow and that are trading at a reasonable price. Strictly adhering to this mantra has enabled IML’s portfolios to avoid being caught up in many unsustainable booms... Show More

Investors Mutual

There’s a misperception that equity income investing is as easy as ranking the market’s highest-yielding stocks and building a portfolio from that basis. While on the surface stocks that yield in excess of 7% might look attractive, it may be a complete illusion if one looks closely at the market’s... Show More

Investors Mutual

In the medium term, AGL Energy (ASX:AGL) is best positioned to deliver reasonable growth, yield, and value. Strength in wholesale electricity prices will drive the company's growth in the next few years. Its dividend is highly sustainable and is poised to rise given that its dividend payout ratio is around... Show More

Investors Mutual

The recent Brexit vote has sparked significant weakness in financial markets around the world, and while it is undoubtedly an important economic and political event for the UK, in reality, the underlying fundamentals of the vast majority of Australian companies are unchanged. Most ASX-listed companies are not directly exposed to... Show More

Investors Mutual

Anton Tagliaferro, Investment Director at Investors Mutual, said in a recent investment update that they’re starting to take profits on some names in the healthcare sector. “The healthcare sector rallied partly because the Australian Dollar fell when the RBA cut rates. Many companies, like CSL, Sonic Healthcare, and Resmed, their... Show More

Investors Mutual

Simon Conn, Portfolio Manager at Investors Mutual, says companies that are exposed to the local hospitality and inbound tourist theme should perform reasonably well in the current environment. Events Holding (formerly Amalgamated Holdings) is one company that he singles out as offering two different angles on this theme. The company... Show More

Investors Mutual

Anton Tagliaferro, Investment Director at Investors Mutual, says overall industrial stocks did reasonably well this reporting season. In particular he points out sectors such as gaming, healthcare, packaging and utilities as areas of relative strength. He says that volatility and growth concerns globally have confirmed in his mind that interest... Show More

Investors Mutual

IML have been cautious about economic growth for many years for a variety of reasons, and in general terms, nothing has happened to make us more optimistic. Hugh Giddy, IML’s Head of Research and Senior Portfolio Manager, reflects on the current state of global growth & indebtedness in the years... Show More

Investors Mutual

Simon Conn, Portfolio Manager at QV Equities (ASX:QVE), provides a sober assessment of recent trading conditions in investment markets and says he expects the environment to remain challenging. “From the small number of companies that have reported to date the feedback is that the economy is a grind. Costs in... Show More

Investors Mutual

Anton Tagliaferro, Investment Director at Investors Mutual, thinks that it will be tough for companies to grow earnings in 2016. “It’s still going to be a stock picking market. We’re still very cautious. We’re looking for companies that we think can grow their earnings through their own steam.” He thinks... Show More

Investors Mutual

When I reflect on the Australian equities industry over a number of cycles, I believe that the small cap sector is still fundamentally misunderstood in terms of investor outcomes. Small caps are normally seen as either an opportunity for phenomenal growth outcomes – a way to add ‘spice’ to more... Show More

Investors Mutual

When I reflect on the Australian equities industry over a number of cycles, I believe that the small cap sector is still fundamentally misunderstood in terms of investor outcomes. Small caps are normally seen as either an opportunity for phenomenal growth outcomes – a way to add ‘spice’ to more... Show More

Investors Mutual

August has been a very tough month for Australian and global investors. At the time of writing the Australian sharemarket is down over 10% for the month. It is extremely difficult to forecast where the market will go on a day to day basis as it is influenced by many... Show More

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