Reckon and the power of equity incentive

Martin Pretty

Software group Reckon​ ​(RKN)​ demonstrated with the recent $180 million agreement to sell its Accounting Practice Management (APM) business how managers and directors who own significant equity are more likely to relentlessly pursue shareholder value. RKN is a stock the Equitable Investors Dragonfly Fund continues to own as we don't... Show More


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Wilson Asset Management weekly: Reckon and Incitec Piviot

Chris Stott

The S&P/ASX All Ordinaries Accumulation Index closed down 0.7% for the week. On Wednesday, the Westpac-Melbourne Institute index of consumer sentiment fell 1.7% in November. On Thursday, data from the Australian Bureau of Statistics (ABS) reported Australia’s unemployment rate fell to a near five-year low. Show More


Executive Series: MYOB Group (MYO) CEO, Tim Reed


In this short video we discuss; MYO’s recently reported results which included revenues for the six month period increasing to $204 million, up 14 per cent on prior year, and underlying earnings before interest, tax, depreciation and amortisation (EBITDA) which rose to $90 million, up 9 per cent on prior... Show More


First Impressions from Reporting: STO, SCG, S32, OZL, MYO, FLT

Bell Potter

In this daily reporting season update, we provide first impressions on key takeouts from companies reporting today, including Santos (STO), Scentre Group (SCG), South32 (S32), OZ Minerals (OZL), MYOB Group (MYO) and Flight Centre (FLT) with links through to more detailed reports. Show More


Executive Series - MYOB Group (MYO) CEO, Tim Reed


Tom Piotrowski speaks with MYOB Group (MYO) CEO, Tim Reed about its acquisition of Paycorp and its outlook for 2017: Show More

tom piotrowski myob Executive Series ASX:MYO Tim Reed

Buy Hold Sell: Five small-cap payments stocks

Buy Hold Sell

Macquarie Bank and ING are the latest Australian banks to offer Apple Pay in the accelerating global movement toward a cashless society. This multi-trillion dollar landgrab is turning incumbents on their head in many diverse industries such as retail, betting, transport and accounting. So in this week’s Buy Hold Sell,... Show More


Sunset Strip > Australian Market Trading Day Wrap 20170224 from Blue Ocean Equities

Mathan Somasundaram

Local market ran into profit taking as US fiscal stimulus expected to take longer. Local market ran into profit taking in all sectors except gold with downgrade stocks experiencing further slide in share price performance. RBA comments support rates on hold through 2017 due to household debt, weak wages, underemployment... Show More

MYOB Group, Iluka Resources, Crown Resorts and Flight Centre - First Impressions from Reporting

Bell Potter

MYOB Group (MYO): Recurring revenue represented 95.6% as compared to 95.1% pcp | Paying SME subscribers up 7% to 585k and online subscribers up 47% to 249k | 93% cash conversion in 2H16 as compared to 95% in 1H16, Net debt lowered by $4m to representing gearing 2.2x Net... Show More

ASX:CWN ASX:FLT ASX:ILU Longform ASX:MYO February 2017 Reporting Season

Adapt or perish: Dealing with disruption

Livewire Exclusive

Self-driving cars, electric cars, artificial intelligence, virtual and augmented reality, streaming video on demand… The list of technologies threatening to improve our lives and/or take our jobs is ever-growing. Stories of failed incumbents such as Kodak, MySpace, and Yahoo are popular among investors, but in reality, incumbents are frequently successful... Show More

First Impression: MYOB (MYO) Interim result

Bell Potter

Recurring revenue represented 96% of total 1H16 revenue as compared to 97.3% prospectus forecast | SME segment: SME online users UP 37% to 195,000 and average revenue per paying user up 7% to $396. Number of paying users 570K- slightly below prospectus forecast of 571K | MYOB continues to invest... Show More


On the ground at the Macquarie conference

Glennon Capital

WeWe attended Macquarie’s annual conference this week and saw many companies present. One of the key themes that came out of the event was the growing importance of data. Data is becoming a key currency in the digital world, and data conscious companies are seeing greater opportunities in their business,... Show More

2 small-caps with strong competitive moats

Livewire Equities

“The top 100 companies have struggled to grow earnings, but there are many other companies with sustainable long-term earnings growth. The key is to look for good-quality companies with a sustainable competitive advantage where it is difficult for clients to discontinue using the product or service. A good example is... Show More


April 2016: The Month Ahead in Meetings

Avatar fallback

The first of two months in the mini AGM season, key AGMs this month include Rio Tinto plc, Woodside Petroleum, CIMIC Group and Henderson Group. Other meetings of interest are Recall's scheme meeting on 19 April, Investa Office Fund unitholder meeting on 15 April and STW Group's meeting on 4... Show More