What Mattered Today; BHP's quarterly production numbers - just okay

James Gerrish

The resource stocks were very strong today after big moves in underlying commodity prices overnight put the fire in the belly of buyers, particularly targeting Nickel stocks Western Areas (WSA) and Independence Group (IGO) which both added more than 7%, while the large caps in BHP and RIO roared around... Show More


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Fresh ideas and new opportunities

Livewire Exclusive

Reporting season has just concluded and we've lined up two of the best-read managers in Australia to get their take on the health of Australian corporates. Chris Prunty from QVG Capital argues that we've just witnessed 'the best reporting season in years' and with that comes a raft of new... Show More

See what The CEO's thought of Tourism, Vitamins and Commercial Property this week

NAOS Asset Management

“Currently less than 10% of Chinese nationals actually hold a passport, and that's a population of 1.3 billion. The opportunity for tourism in New South Wales and Australia is massive” Geoff Culbert, CEO, Sydney Airport Show More

Takeover fever – Why is it happening and will it continue?

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


Can Fairfax survive without Domain?

Foster Stockbroking

We provide a trading opinion for the Fairfax (FXJ) and Domain (DHG) demerger, taking place on Thursday 16th November 2017. It is likely to be a ‘wild’ day, with many variables impacting investor’s views on perceived ‘value’. The only certainty is a level of uncertainty. We have made a first... Show More


Domain IPO: 5 key questions

Livewire Exclusive

With Domain listing next month, Jeremy Hook from TMS Capital asks Roger Montgomery from The Montgomery Fund and Neil Carter from IFM Investors for their take on the listing, posing 5 key questions using REA as a comparison. Show More


First Impressions from Reporting

Bell Potter

In this daily reporting season update, we provide our first impression on key takeouts from Fairfax Media. Show More

ASX:FXJ August 2017 Reporting Season

Fairfax Media Full Year Result: FXJ plans to spin-off Domain; trading to start in November


Media group, Fairfax (FXJ) has returned to profitability, posting an improved $83.9m full year profit for the 12 months to June 30 and provided details on its planned Domain IPO. While underlying earnings (not including significant items) went backwards over the year, EBITDA came in ahead of market expectations. The... Show More

ASX:FXJ Fairfax media Steven Daghlian August 2017 Reporting Season

Fairfax: What the insto's are thinking

Livewire Equities

Today's Fairfax result will have a fair amount of scrutiny given the recent bidding history. Will we get some insight into what it was that private equity didn’t like when they took a look under the bonnet? Here are the recent Livewire contributor insights into Fairfax ahead of this morning's... Show More


A Small Cap That Pays You To Wait

Ron Shamgar

One of our largest holdings in the TBF Small Cap Value Growth Fund is a company with a market cap of $170M that reported a profit of $27M in CY2016 and paid a dividend of $18M. The business does not have a lot of debt on the balance sheet and... Show More

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Stocks to benefit from proposed media reforms

Chris Stott

While many investors shun media companies as an investment proposition, potentially imminent legislative reforms could spark a consolidation of the media sector and create a raft of investment opportunities. Show More


Opportunities in oversold Fairfax

Matthew Haupt

On Monday, takeover target Fairfax Media Limited (ASX: FXJ) announced that private equity firms TPG and Hellman & Friedman withdrew their bids for the company. We took advantage of the share price weakness to increase our holding in FXJ this week. Show More


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Closing the door on Fairfax

Luke Cummings

Livewire readers may recall two previous articles that I wrote a few weeks back covering the details of the (then current) takeover approaches made to Fairfax Media by two private equity firms that were interested intaking Fairfax private. If not, you can find them here and here. Show More

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Sunset Strip > Trading Day Wrap From Blue Ocean 20170703

Mathan Somasundaram

Local market ran into a brick wall after lunch despite solid China data. China Caxin Manufacturing data was better than expected and in expansion territory…good for commodities who had another good night. Bond yield proxies and currency proxies were under pressure from the start while banks joined the slide after... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170630

Mathan Somasundaram

Market Summary Show More

Livewire readers' Top 20 stock calls

Alex Cowie

It’s time to observe the halfway-mark for Livewire readers’ 2017 stock picks, nominated in December as part of our Outlook series. Read on to see the current top twenty, some recent contributor commentary on them, and the spreadsheet for the full list of 261 stocks with key metrics. Show More

Fairfax's Amazonian Potential is More Important than Domain

Christopher Joye

In The Australian Financial Review I argue that the private equity buyers circling Fairfax should consider the embedded optionality inherent in the development of what I call the "Financial Amazon" business model that could be worth multiples Domain and transform the way banks compete to provide their products to customers... Show More

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Four major lessons from two decades managing small caps

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


Japan is back!

Alex Moffatt

Good morning, the price action in stock markets around the globe yesterday should remind us just how jittery investors are and how quickly the herd will run for the exit which is inevitably small and so magnifies the problem. It looks like Mr Trump is going to continue to use... Show More


Our thoughts re the latest Fairfax offer (spoiler alert: we still don’t think it’s a buy)

Luke Cummings

A couple of days ago I outlined our views on the recently revised bid from the TPG Consortium to acquire all shares in Fairfax Media (FXJ). Against many analyst’s expectations (many who thought a counterbid was unlikely) FXJ today received another non-binding proposal, this time on behalf of Funds affiliated... Show More

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