asx:gxl

5 top wires last month

Alex Cowie

In case reporting season kept you busy, we've summarised five top wires in February for you. Peter Quinton’s top ten picks for 2017, our fund manager earnings results review, and Buy Hold Sell with ‘Quality stocks on sale’ all deliver useful stock ideas. On big picture thinking, we bring you... Show More

5 stocks that impressed ... and 1 that bombed

Livewire Exclusive

A group of Australia’s leading Fund Managers have each picked one stock they believe delivered a notable result this week. Sectors covered were diverse, including energy, tourism, materials, media, services, and consumer discretionary. The common thread among the outperformers is they have all ridden industry dynamics - and executed well... Show More

Greencross: A clear path to growth

Leyland Private Asset Management

Greencross Limited (GXL) is Australia’s largest provider of veterinary services and pet care retailing. In 2014, GXL acquired Mammoth; the owner of Petbarn and Animates. ABS stats indicate that c. 63% of people now own pets, with c. 60% of those considering their pet a member of the family. This... Show More

Daily AGM Note, Tuesday 25 October 2016

Avatar fallback

A couple of first strikes already today at Lantern Hotel Group and at Chalmers Ltd, a second strike but no Board Spill at Australian Ethical Investment, plus some evidence of dissent on director elections and LTI grants across several other companies, including Tabcorp Holdings. You'll find today's note at this... Show More

Greencross (ASX:GXL)

Leyland Private Asset Management

Greencross is Australasia’s leading specialist retailer of pet food, pet products and operates Australia’s largest veterinary services business. Greencross’ strategy is to continue to consolidate the fragmented pet industry aiming for 20% market share.. Industry estimates state that Australia currently spends $8.7 billion on their pets ($2.5 billion on vet... Show More

Growth vs Value – Are fortunes changing?

Bennelong Funds Management

‘Growth equities’ (or long duration stocks) has been a strongly performing strategy for the past five years, easily outperforming the other dominant fundamental style of ‘value’. Much of this outperformance has been driven by the fact that a declining risk-free rate favours long duration assets over short duration assets. With... Show More

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Greencross (GXL) Having a Dog of a Day

Livewire Equities

GXL has been under pressure, with the stock down ~30% for the qtr so far. GXL operates the largest network of veterinary service clinics and specialist pet retail stores in Australia. The market is concerned by the company's pace of growth, given the risky combination of rapid growth/ high gearing... Show More