ASX:CDD

Sifting Through Fallen Angels

Alex Shevelev

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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4 company results that surprised

Livewire Equities

With the busiest week in reporting season now over, we reached out again to a group of experts for their view of the most notable results, both good or bad. Read on for highlights picked by David Sokulsky, Crestone Wealth Management; Ian Carmichael, Watermark Funds Management; Simon Shields, Monash Investors;... Show More

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Sunset Strip > Trading Day Wrap From Blue Ocean 20170821

Mathan Somasundaram

Local market fell on global sentiment despite bounce in Iron Ore and Oil. US market heads the negative catalyst list. US market risk remains key for local market…(1) VIX looks to break above post election high (2) Russell 2000 (i.e. US domestic facing) has pulled back below 200 day MA... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170531

Mathan Somasundaram

Local market ran up on China data before fading to a slight positive day for the end of month. Tax loss selling in May/June will add to the seasonal weakness while geopolitical risks and US fiscal delays are overshadowing global growth story. We had strong manufacturing and non-manufacturing PMI data... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170403

Mathan Somasundaram

Local market managed to squeeze out a slightly positive day despite weaker US, currency and commodity lead. Gold and Property were the best while Financials turned the market positive with miners weighing it down. Retail sales and housing approvals shows weaker economy ahead as we come off housing bubble…bit like... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170228

Mathan Somasundaram

Local market ran into more profit taking ahead of the State of Union address by the US president and the US GDP update on the last day of the month as well as the last substantial reporting season date. Miners and ET related selling in Gold equities drove the market... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170227

Mathan Somasundaram

Local market ran into more profit taking on US fiscal uncertainties, upcoming US Fed / Chinese NPC meetings, Euro elections and Brexit worries on stretched global market valuations. Consumer Discretionary, IT and Health Care tried to keep the market higher while Resources and Financials weighed it down today. Energy sector... Show More

Daily AGM Note, Thursday 27 October 2016

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First of the big AGM days today - second strike but no Board spill at Boom Logistics, and changing the profile of the shareholders register explains the difference in the remuneration report vote at Cardno today. Some other key AGMs also attracting dissent. Today I've attached the daily AGM note... Show More

First strike against the remuneration report at Cardno

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Cardno received a first strike against its remuneration report at today's AGM, with 40.69% of the poll votes against the adoption of the remuneration report. Of course we were all made aware of this likely outcome when the substantial shareholder in question, Crescent Capital Investments sent a letter to the... Show More

ASX:CDD 2015 AGM remuneration report first strike

AGM resolutions - insert or renew the proportional takeover provisions in the company's constitution

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If you've been following events at Cardno this week, you've probably developed a new sense of appreciation for the importance of proportional takeover provisions in a company's constitution. The resolution to adopt or renew the proportional takeover provisions in the constitution features routinely on AGM meeting agenda. Yes, it includes... Show More

corporate governance ASX:CDD 2015 AGM constitution