John Murray

John
Murray

Managing Director
Perennial Value Management

John Murray established Perennial Value in January 2000 and has 30 years industry experience. He is one of Australia’s most respected value investors and has built a stable team of investment professionals delivering consistently strong returns.

Expertise

Where else can you get the possibility of a 7% yield these days?

John Murray

Once upon a time, investors seeking a reliable 7% yield from their investment could simply park their cash in a term deposit. These days, yields on those products are a shadow of their former selves, barely even keeping ahead of inflation. Show More

Great first result from Janus Henderson post-merger

John Murray

The first result of Janus Henderson Group following the recent merger was a great result with almost all key indicators moving in the right direction. Show More

ASX:JHG August 2017 Reporting Season Janus Henderson Group

The company creating magical spaces worldwide

John Murray

I have taken a few short strolls from Wynard Station to Barangaroo since it was transformed from a complex construction site to a bustling new part of Sydney’s CBD. Recalling how pessimistic some people were about this massive project undertaken by Lendlease I note that the offices are full and... Show More

ASX:LLC February 2017 Reporting Season

Woodside – Best In Class

John Murray

In delivering a full year profit of US$868 million, Woodside Petroleum reaffirmed Perennial Value’s view that it is best in class in the Australian oil and gas sector. Underpinning this was the delivery of its second highest annual production to date, highlighted by record LNG production and reduced unit costs.... Show More

Result of the week: Boral

John Murray

Boral is a key holding for Perennial Value, having bought it recently when it was out-of-favour at around $5.20. Boral delivered a sound 9% increase in underlying December half year earnings of $149 million. The interim dividend was also up a very healthy 9% to 12 cents per share, fully... Show More

boral ASX:BLD February 2017 Reporting Season

A rejuvenated Rio Tinto emerges

John Murray

Rio Tinto reported a strong underlying 2016 net profit of US$5.1 billion (versus US$4.6 billion in 2015). Significant cost reductions totaling $1.6 billion were a feature. RIO has cut $7.8 billion in costs since 2012 and aims to deliver US$5bn of free cash flow in productivity improvements over the next... Show More

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