ASX:OML

Buy Hold Sell: 5 stocks that beat expectations

Buy Hold Sell
Buy Hold Sell Livewire

In this week’s episode of Buy Hold Sell, Ben Clark from TMS Capital and Alex Leyland from Leyland Private Asset Management share their view on three stocks that surprised to the upside this reporting season. Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170814

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market had a relief rally as the “War of Tweets” between US and North Korea started to settle down. The weaker than expected US inflation outlook pushed down USD and pushed up AUDUSD. China data showed that we may be closer to the top in the recent commodity run... Show More

Australian media must consolidate to survive

Clime Asset Management
Clime Asset Management Funds Management & Stock Research

The media market is rapidly evolving, as traditional media makes way for new digital formats. Unfortunately, industry regulation is slow to catch up, with outdated ownership laws that predate the advent of the internet. The ACCC's raised concerns of the proposed merger between APN Outdoor and oOh! Media sets a... Show More

media sector australian equity market ASX:APO APN Outdoor ASX:OML

Quality vs value in Australian small caps

UBS Asset Management
UBS Asset Management Fund Manager

Our small cap investment process involves building our own cash flow based valuation models and ranking stocks on a balance of growth, operating margin and capital required. We are very careful to account for the amount of cash required for fixed assets, working capital and intangibles. This process often keeps... Show More

ASX:APO ASX:OML

The merger of APN Outdoor and oOH Media...

UBS Asset Management
UBS Asset Management Fund Manager

This week two of our significant investments announced a merger of equals and both announced earnings upgrades. It was a nice Xmas present for UBS Small caps. To recap. We are long term believers in the outdoor media space for a variety of reasons. I outline the key reasons below.... Show More

outdoor advertising Longform ASX:APO ASX:OML

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Market moved up again on global positive sentiment ahead of the US Fed update to be only 40 points off the 2016 high…but on accumulation (i.e. dividends included) basis we are at all-time highs (i.e. created a new high today). The positive performers today were led by Discretionary retail and... Show More

3 sectors that have disappointed investors

Livewire Exclusive

Following reporting season, a number of previously well-loved sectors have fallen out of favour with the market. Outdoor advertising, aged care operators, and telecommunications companies have all seen falls of around 30%. Despite the well-established difficulties of operating in the aged care sector, investors got “over-excited” about this area and... Show More

Two hot thematics we’re avoiding

Livewire Exclusive

Chris Stott, Chief Investment Officer at Wilson Asset Management, thinks the Australian market is fairly priced at its current PE of around 15-16 times - slightly above the long-term average. With rate hikes due in the US opening the possibility of a short-term correction, plus the expectation of further rate... Show More

Outdoor advertising - A risk we’ve raised before

Leyland Private Asset Management
Leyland Private Asset Management Trusted and Confidential Asset Management Advisors

Today’s movements in the outdoor media sector highlights the importance of not overpaying for a company, no matter how good the business. Whilst APN Outdoor today delivered a highly credible result (and is a quality business), the shares have fallen 33% due to forecast revenue growth falling slightly below market... Show More

ASX:APO ASX:QMS ASX:OML

Traditional publishers face death by digitisation

Clime Asset Management
Clime Asset Management Funds Management & Stock Research

Where once our eyes were glued to incandescent TV screens, glossy magazine pages and crowded newspaper sheets, they now spend their gaze transfixed upon computers, mobiles and tablets. Where the eyes have gone, the advertising dollar has followed. Companies like Google and Facebook have built their empires on owning digital... Show More

An investing theme that’s run too far

Livewire Exclusive

Charles Leyland, Managing Director of Leyland Private Asset Management, says the outdoor advertising theme is no longer looking as attractive as it did. Companies such as APN Outdoor and oOh Media have been beneficiaries of a move away from newspaper and television advertising while at the same time leveraging this... Show More

outdoor advertising ASX:APO ASX:OML

On the ground at the Macquarie conference

Glennon Capital
Glennon Capital ASX:GC1, ASX:CMI

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

New media names looks fully priced

Eley Griffiths Group

Coming into the reporting season, we began to believe that the ‘new media’ space had become rather fully priced and, therefore, vulnerable to disappointment. This situation has moderated to varying degrees in recent weeks. Isentia, a media intelligence company who largely operate via SaaS, delivered an interim result in line... Show More

the buy side brief Longform ASX:ISD ASX:APO ASX:QMS ASX:OML