ASX

Sifting Through Fallen Angels

Alex Shevelev
Alex Shevelev Forager Funds

Buying unloved stocks is part of the DNA at Forager. Most of the funds’ excess returns over almost eight years have come from buying stocks that other investors hated at the time we acquired them. Think Service Stream in 2013 or Cardno in mid-2016. Show More

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Webjet Limited (ASX: WEB)

Leyland Private Asset Management
Leyland Private Asset Management Trusted and Confidential Asset Management Advisors

Established in 1998, Webjet is the leading online travel agency (OTA) in Australia and New Zealand, leading the way in online travel tools and technology. Webjet says its focus has always been to offer the greatest convenience and choice by enabling customers to compare, combine and book the best domestic... Show More

australian equities ASX:WEB ASX

A Growing, Dividend Paying Microcap

Harley Grosser
Harley Grosser Capital H Management

A recent addition to the fund is Prime Financial (ASX:PFG), an integrated wealth management, accounting and capital advisory business. The company provides a broad range of services from financial planning, investment advice, life insurance, accounting & tax compliance, SMSF establishment and corporate advisory. Show More

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The key market risk right now

Etienne Alexiou
Etienne Alexiou Belay Capital

Let's first consider the broader global economic environment, in particular, the macro drivers of a “globally co-ordinated” gradual improvement in economies which are continuing to evolve. The primary driver of markets, at this point in time, is globally accommodative monetary policy, which underpins economic expansion and the rise in financial... Show More

Big Day for Nickel & Western Areas (WSA)

James Gerrish
James Gerrish Market Matters / Shaw and Partners

Around midday today the Philippines Congress will confirm, or otherwise, the appointment of Environment Minster Gina Lopez. The vote will likely dictate the near-term price trends in Nickel. In February this year the Minister shut down 21 Nickel mines for environmental reasons sending the price of Nickel rocketing. There has... Show More

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OnMarket 2017 First Quarter IPO Report

OnMarket

IPOs of materials companies set an impressive pace in the first quarter of 2017, with 10 companies listing on the ASX from a total 26 floats, up from two in the same period last year... See full report Show More

Don’t get hung up on property 'headwinds'

Nicholas Sproats
Nicholas Sproats Fortius Funds Management

We constantly hear about the headwinds facing retail property. The headwinds, the headwinds, oh the headwinds – it’s like Tim Bailey got caught on loop. Lets face it, there aren’t many businesses that aren’t operating in headwinds - it’s called competition, it’s called capitalism – and for all those pedalling... Show More

Technology And Retail: The Menulog Bump

Glennon Capital
Glennon Capital ASX:GC1, ASX:CMI

A couple of days ago the Australian Bureau of Statistics released the latest retail sales figures, touching on many of the retail segments services by the ASX listed retailers. Overall sales increased 3.1% for January and 3.4% for the year, and continued to reduce from the strong 6% growth rates... Show More

2016 IPO Report: Good Things Come In Small Packages

OnMarket

2016 was a strong year for Australian companies floating on ASX. The number of IPOs rose to 96 (from 85 in 2015), implying an average of eight per month or two a week – certainly enough to keep the most active investors busy... Though the absolute number of new floats... Show More

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Year in Re(ar)view: IPOs in 2016

OnMarket

So, how did 2016 go for new floats? Show More

On Trump, Black Swans, and Retail Investors

OnMarket

Every time I read about Black Swan events I smile and remember a visit a few years ago to Meetung in Victoria’s Gippsland, where almost every bird on the lakes was a Black Swan. Thousands upon noisy thousands of them... Show More

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Will gold fall with rising interest rates?

James Gerrish
James Gerrish Market Matters / Shaw and Partners

Global equity markets continued to surge recently with the S&P500 making the fresh all-time highs we have been forecasting all-year. Hopefully, the local ASX200 will regain some much needed "mojo" into Christmas, it currently sits 4.9% below this year's high, 12.1% below its 2015 high and a horrible 28% below... Show More

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Searching for Microcap & Nanocap Gems on the ASX

Mark Tobin
Mark Tobin Independent Investment Research

In this article I set out 5 ways to selectively filter down the 1,800 companies outside the top 300 into a cohort that's at least worthy of some further research. Show More

OnMarket October Monthly IPO Report

OnMarket

The Australian Initial Public Offerings (IPOs) performed well in October 2016, delivering an average return of 36.8 per cent on the first day of listing and 29.2 per cent over the month, with the IT sector dominating floats in 2016, the OnMarket October IPO Report 2016 reveals. Show More

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Locking the public out of IPOs

OnMarket

It’s a weird situation out there at the moment for individuals who invest in new sharemarket floats, with the floats themselves going very well but with the prospect of a change in ASX’s listing rules coming down the pipe that could make life harder for them. Show More

Hybrids are still cheap

Christopher Joye
Christopher Joye Smarter Money Investments/Coolabah Capital Investments

In The AFR I publish new research on the bottom-up valuation models we use to price ASX hybrid securities to determine whether they are cheap or expensive given high-profile hedge fund manager Michael Hintze's claim this week that the sector is attractive. While we employ a range of top-down regression-based... Show More

OnMarket Third Quarter IPO Report

OnMarket

Australian Initial Public Offerings (IPOs) significantly outperformed the broader share market in the third quarter of 2016, with the average gain on the 24 companies which listed on the Australian Securities Exchange (ASX) striking 28.2%, an impressive outperformance over the S&P/ASX 200, which returned 3.9%, the OnMarket Third Quarter IPO... Show More

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Managed Funds vs. Passive Funds in Microcaps

Microequities
Microequities Asset Management

In recent years, there has been an enormous shift towards passive investing and index funds, supported by academics, investment practitioners, financial advisors, and assorted pundits. While we don’t know if they’re right for you (speak to your financial advisor), are there any situations where managed funds may be a better... Show More

How to identify investment ideas?

Microequities
Microequities Asset Management

This is the question most prospective investors of our managed funds and anyone interested in small cap investing ask us. Identifying investment ideas, whether it is ASX listed companies or global companies can come about many ways. It could be we stumble upon them by trawling through all the companies... Show More

The average monthly return from the August IPOs compared to a 2.3% drop for the S&P/ASX 200

OnMarket

The Australian Initial Public Offerings (IPOs) market gained momentum in August, with the 10 companies which listed raising $1.2 billion and returning an average 34.1%, according to a new report, the OnMarket August IPO Report 2016. Show More

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