See what The CEO's thought of Green Energy, Credit Growth and Urbanisation this week

NAOS Asset Management
NAOS Asset Management Listed Investment Companies (LICs) ASX: NCC, ASX: NAC, ASX: NSC

“I don't think there is anything to worry about, even if we do see further falls. I'm not in the business of being able to predict day-by-day or week-by-week movement of industries. But I'm not worried about what we're seeing” Andrew Formica, Co-CEO, Janus Henderson Show More

FNArena Reporting Season Monitor: Week 1 - February 2018

Rudi Filapek-Vandyck

Welcome to the FNArena Reporting Season Monitor for the February result season 2018. The Monitor reports ratings and consensus price target changes, along with brief summaries of the collective responses, from FNArena database brokers for each of the 300+ stocks. Week 1 is now available with coverage of 30 stocks. Show More

What Mattered Today; RIO spewing lots of cash...

James Gerrish
James Gerrish Market Matters / Shaw and Partners

The overnight lead from the US market was an optimistic one this morning – we were initially (sharply) higher on open, the ASX 200 hitting a 5938 as the match unwound only to see more selling tick in throughout the day – closing near the session lows at 5876 –... Show More


What Mattered Today; Signs of a short term top

James Gerrish
James Gerrish Market Matters / Shaw and Partners

Another day that saw the best of things early on with the market trading up in the morning session before some tepid – subdued profit taking unfolded later on. Some good economic data out today with November Building Approvals shooting the lights out printing +11.7% v forecasts of -1.3% while... Show More


The long and short of retail stocks

Livewire Exclusive

Tuesday’s underwhelming launch of the Amazon retail platform triggered big jumps in retail stocks led by JB HiFi, which gained 6.7%. Was the previous sell-down overdone? The picture is still far from clear… We recently asked Livewire contributors for their number one pick in the sector; they delivered as many... Show More


Why founders make the best investments

Livewire Exclusive

In this week’s Rules of Investing, I sit down with Craig McDonald, co-founder and CEO of Global Founders Funds Management. After successful careers at Goldman Sachs, Craig and his co-founder were inspired to GFFM when they came across research suggesting that founder-run businesses outperformed the broader market. This seems intuitive,... Show More

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Small Caps Flying

Marcus Padley
Marcus Padley Marcus Today

Last week we saw BWX, BKL, A2M, WTC, NCK, NAN and BIN all up 7% or more. BAL is up 85% in three months, A2M is up 83%, WTC is up 55%, BWX is up 28%, BLA is up 46%. The mid-cap sector is having a dream rally. A lot... Show More

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CEO Insights from Ian Narev, John Borghetti and Nick Scali

NAOS Asset Management
NAOS Asset Management Listed Investment Companies (LICs) ASX: NCC, ASX: NAC, ASX: NSC

“It’s in their [The Telco’s] interest to just flick people to the low speed plans as the lower access charge makes a higher margin for them” Nicholas Demos, CEO, MyRepublic. Below are quotes from the week which in our view detail some of the most important and prominent industry trends... Show More

Downer unfairly sold down

Wilson Asset Management

Over the past six to nine months, small-cap companies have underperformed relative to their large-cap peers by 11%. Although a number of large-cap companies have seen their PE multiples expand over this period, we believe a significant component of this underperformance is due to an estimated $4-5 billion being stripped... Show More


The 4 triggers of small cap outperformance

Livewire Exclusive

Following yesterday’s brief which pointined to small caps being at the start of a period of outperformance, we now ask our panel: What needs to happen next for the nascent outperformance to continue? 4 triggers cited include: an improving risk appetite, renewed M&A, a positive reporting season, and a rotation... Show More


SHIELD (Sustainable High Yield) > April 2017 Update

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Market continues to chase sustainable yield in a market with growth risks. SHIELD continues to outperform the market despite a rising bond yield outlook by picking premium quality sustainable yield ideas at reasonable value. Show More

Three ultimate value-compounding machines

Clime Asset Management
Clime Asset Management Funds Management & Stock Research

In April 2007, coincidentally around the same time that I joined Clime, markets were rollicking and the pricing of risk seemed a forgotten investment principle. What a time to raise capital. In a sign of the times, one of the largest public offers of shares that Australia had ever seen... Show More

Microcaps – Long term capital growth

UBS Asset Management
UBS Asset Management Fund Manager

Most investors have some exposure to Australia's largest listed companies in their portfolio. The dividend yield on offer combined with exposure to well-known franchises provides a level of comfort and stability to the core component of a portfolio. However, our domestic stock market is concentrated around key industry segments –... Show More

Amazon: The big shark comes in...

Buy Hold Sell
Buy Hold Sell Livewire

Amazon’s entry to Australia is getting closer and the market is getting nervous. Who will see their margins slashed the most? Simon Shields from Monash Investors and Dean Fergie from Cyan Investment Management share their thoughts on the risks and opportunities as the big shark comes in. Show More

amazon buy hold sell ASX:JBH ASX:MYR ASX:NCK

Small-Caps staying the course and delivering

Clime Asset Management
Clime Asset Management Funds Management & Stock Research

It is said that a journey of a thousand miles begins with a single step. Unless such a journey is across the Nullarbor, the likelihood is such that a journey naturally encompasses its fair share of twists and turns. This was certainly the case through the February reporting season, a... Show More


More in store for Nick Scali

Chris Stott
Chris Stott Wilson Asset Management

Also on Tuesday, furniture retailer Nick Scali Limited (ASX: NCK) announced its half year results, reporting a net profit after tax (NPAT) of $20.5 million, a 45% increase on the prior corresponding period. This is well ahead of the upgraded guidance of 30-35% growth provided in November. The Company said... Show More


Strong results from contributor favourites

Patrick Poke
Patrick Poke Livewire Markets

In last week’s Buy Hold Sell Thematic discussion, Ben Rundle from NAOS and Chris Stott from WAM identified MNF Group and Nick Scali, respectively, as stocks they liked coming into reporting season. Ben Rundle called his “favourite stock,” and it’s not hard to see why with NPAT up 21% from... Show More

ASX:NCK ASX:MNF February 2017 Reporting Season

Screening for low-risk equity investments

Marcus Tuck
Marcus Tuck Mason Stevens

When looking for relatively low-risk equity investments, companies with strong balance sheets are a good place to start the search. If they happen to be effectively debt-free with a net cash position, then even better. With no financial pressure on companies to service loans during business downturns, the risk of... Show More

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Making money in 2017

Buy Hold Sell
Buy Hold Sell Livewire

Globally, the backdrop in 2017 is being dominated by politics as the world focuses on an erratic and inexperienced new US President. Closer to home, attention has turned to reporting season, where results are already beginning to flow through. Expectations for earnings growth are high among resources stocks following a... Show More

SHIELD - Sustainable High Yield | Yield trade keeps outperforming

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Global markets continue their positive momentum into 2017 on-the-back of the recovery in the US and stability in China, however stretched valuations around the markets are expected to weigh on sentiment over the next few weeks. An improving outlook for interest rates and strong commodity prices has driven a better... Show More