Listed Managed Investments: Monthly review

Peter Rae

In our latest monthly Listed Managed Investments update, we look at the outperformance of small cap LMI’s, the headwinds large cap LMI’s are facing from the banks, and the tailwinds the international LMI’s are enjoying from strong global markets. Show More

Mining services stocks ride the cycle

Karl Siegling

Every discussion on the mining services sector should start with the concept that commodity prices go up and down based on demand and supply, and resource company profits go up or down. So, too, do those of mining services companies. Show More


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Time to switch back into retail?

Buy Hold Sell

Two years ago, retail stocks were performing well, while mining services companies were just about on life support. At the time, switching from one to the other looked like madness. However, investors that did were well rewarded. For example, JB Hi-Fi is off by 27% since its mid-2016 high, while... Show More

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Livewire Live 2017: Picking the winners and avoiding the bombs

Livewire Exclusive

Protecting against the downside is every bit as important as finding the big winners, after all, it takes a 100% gain to offset a 50% loss. This exclusive panel from Livewire Live hears insights on portfolio protection, diversification, and the management of emotions from three leading fund managers. Show More

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15 wires that captured your attention

Alex Cowie

Livewire strives to give readers unparalleled access to expert investment ideas so that they can be more informed and achieve better investment outcomes. Here is a distillation of 15 such wires that really captured your attention this quarter. Show More

Is Macmahon on the cusp of finally delivering?

Alex Shevelev

If you were buying Macmahon on the basis of its latest result, you wouldn’t pay a cent for it. Revenue was $360 million, 15% higher than last year. But the business lost $2 million at the earnings before interest and tax (EBIT) line and, in total, $23 million of shareholders’... Show More


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Three stand-out results this August

Livewire Exclusive

In the final edition of our results coverage, we hear from three contributors about their stand-out results for the period. Responses come from Simon Shields, Monash Investors; Alex Shevelev, Forager Funds; and Romano Sala-Tenna, Katana Asset Management. Show More

ASX:EHL ASX:MAH ASX:AHG August 2017 Reporting Season

Market Masters outperforming again: Livewire Live 2017

Livewire Exclusive

A panel of Australia's Market Masters have shared their top stock ideas at Livewire Live each year since inception. On average, the stocks have beaten the market by at least 25% each time. Just over a month since Livewire Live 2017, and this year’s stocks are already ahead by 3.1%.... Show More

Macmahon's Indonesian Adventure

Steve Johnson

Mining services company Macmahon has been in the wars for most of the past decade. As the largest holding in Forager's Australian Shares Fund, we are anticipating the next decade being better. In this video we discuss our recent trip to Indonesia, new contract wins and the importance of Macmahon's... Show More

mining services value investing forager ASX:MAH

Buy Hold Sell Live: 6 stocks making headlines

Buy Hold Sell

At the inaugural Buy Hold Sell Live event, we dialled up the ‘intellectual horsepower’ and heard from three leading Australian fund managers; Geoff Wilson from Wilson Asset Management, Steve Johnson from Forager Funds, and John Murray from Perennial Value Management. Find out which stocks have been making headlines for the... Show More

Final Week in CIMIC vs Macmahon

Steve Johnson

Construction giant CIMIC (CIM) has fired its final bazooka in its attempt to gain control over mining contractor Macmahon (MAH). Yesterday it declared that it won’t be extending the bid beyond 9 March and it won’t be raising the price above $0.145. Show More


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Daily AGM Note, Wednesday 30 November 2016

Avatar fallback

Today's note has the strikes I've spotted in amongst all of the results notices today, plus the outcomes at Bank of Queensland and Northern Star Resources. You'll find today's note at this link and it was written after markets closed today so will be updated on Thursday for any WA... Show More

Buy Hold Sell: Resources on a run

Buy Hold Sell

This time last year the outlook for resources companies was dire. Tepid demand for commodities and a stumbling Chinese economy were just a few of the factors placing the sector under immense pressure. Management teams were forced to find operating efficiencies and as the outlook gradually improved a leaner set... Show More


Burson Group: clear growth strategy

Robert Frost

Burson Group (ASX:BAP) reiterated its credentials as one of the better managed growth stories in the Australian small companies universe by posting an interim result ahead of consensus expectations. The company purchased MAH (formerly Metcash Automotive) in July 2015, which included Autobarn, ABS and Midas store networks. Pleasingly, both the... Show More

First strike against the Remuneration Report at Downer EDI Limited and at Macmahon Holdings

Avatar fallback

Shareholders delivered a first strike against the Remuneration Report at Downer EDI's AGM and at Macmahon Holdings AGM. Macmahon faced down a second strike at its 2013 AGM, so is no stranger to the two strikes regime. Worth noting are the differences in voting for the NED elections between Downer... Show More