ASX:WOW

Earnings Chicanery - Part Two on how companies "dress up" their results

Hugh Dive
Hugh Dive Atlas Funds Management

Last week in part one of Atlas’ surprisingly popular series on financial statement trickery - Earnings Chicanery, we looked at the three financial statements and some measures a company can take to “dress up” their financial results. In part two we are going to build on this and take a... Show More

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See what The CEO's thought of the US Economy, Tourism & Travel and Commodities this week

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

“There are 4.8 million Airbnb users in Australia and 122,500 active listings, an increase of 40 per cent over last year” Joe Gebbia, Co-founder, Airbnb Show More

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Wilson Asset Management weekly: Woolworths and PSC Insurance Group

Chris Stott
Chris Stott Wilson Asset Management

The S&P/ASX All Ordinaries Accumulation Index closed up 1.0% for the week. On Wednesday, investors celebrated 10 years from the peak of the Australian equity market with a solid day's trade that sent the All Ordinaries Index past the 6,000 point mark for the first time since the Global Financial... Show More

ASX:WOW ASX:WAM ASX:WAX ASX:WLE ASX:WAA ASX:PSI ASX:CYA ASX:WMI

Where to find opportunities in large companies

Clime Asset Management
Clime Asset Management Funds Management & Stock Research

There is so much confusion about the stocks in the ASX’s large-caps index, the ASX 50. Some investors see them as ‘blue-chips’ by virtue of their size and longevity, and thus see them as long-term portfolio holds. Others think the ASX 50 is largely useless: a motley, concentrated index of... Show More

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Skamvougeras: 6 market insights for Livewire readers

Perpetual Limited
Perpetual Limited Fund Manager

Is Amazon a threat to Woolworths? Can active managers deliver value in large-cap shares? And where are the most defensive earnings on the ASX? Following our quarterly investor update, Perpetual's Head of Equities, Paul Skamvougeras, answered a range of questions from Livewire's editors on current market issues. Show More

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The Supermarket War: Woolies vs Wesfarmers

Buy Hold Sell
Buy Hold Sell Livewire

The fight for supremacy in Australia's supermarkets is a battle that's raged for many years and market cycles, since long before Coles was part of Wesfarmers. Matt Haupt from Wilson Asset Management and Vince Pezzullo from Perpetual share their view on these two ASX giants. Show More

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15 wires that captured your attention

Alex Cowie
Alex Cowie Livewire Markets

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

Unsung heroes of the income investor

Livewire Exclusive

Woolworths, BHP, and Telstra have cut dividends in recent years, and the long-term sustainability of dividends from other leading stocks is under scrutiny. So Livewire asked three experts to share an example of a company that offers diversification away from ‘traditional’ income stocks - and provides a sustainable yield. Read... Show More

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Buy Hold Sell: Big stocks with big yields

Buy Hold Sell
Buy Hold Sell Livewire

With both government bonds and bank accounts still returning less than 3%, investors continue to turn to the stock market for yield. In this week’s Buy Hold Sell, Catherine Allfrey from Wavestone and Chad Slater from Morphic share their view on five big-cap stocks with big yields. Show More

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Insights from recent management meetings

Martin Conlon
Martin Conlon Schroders

Amongst the raft of post result management meetings there is always much food for thought. In some cases, management teams convey thoughtful and coherent interpretations of the challenges and opportunities facing the business and their plans to deal with them. In others, the challenge of negotiating a shallow stream between... Show More

Time to think differently

Livewire Exclusive

Experiences that have been enjoyable in the past are always sought after into the future. This behaviour is often referred to as 'anchoring'. Andrew Fleming, Deputy Head of Australian Equities at Schroders, says risks are building in situations where historical conditions have lead to ‘wonderful’ experiences for investors. Show More

ASX:ANZ ASX:BHP ASX:CBA ASX:NAB ASX:WBC ASX:WOW

Are the supermarkets a better bet than their landlords?

James Gerrish
James Gerrish Market Matters / Shaw and Partners

Both areas of the market offer reasonable yields, the Supermarkets are fully franked, the landlords aren’t however the main question should be around earnings and importantly, the outlook for those earnings over the foreseeable future. Show More

Here's what we learned from leading CEOs this week

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

As part of the NAOS investment process, we pay particular attention to the comments made by company CEO’s and business leaders in order to gain a greater understanding of the current investment environment and key trends that may be emerging. Below are quotes from the week which in our view... Show More

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Is Woolworths regaining its mojo?

Daniel Mueller
Daniel Mueller Vertium Asset Management

Woolworths “is a wonderful organisation, with enormous upside.” This was the first thing former CEO Grant O’Brien said about Woolworths in his inaugural address to the market in November 2011, shortly following his appointment. Show More

Woolworths Full Year Result: WOW rebound in Australian Food offset by losses at Big W

CommSec
CommSec Online Stockbroker

Woolworths (WOW) returned to profitability in FY17, posting a $1.5bn profit for the 12 months ended 25 June 2017, thanks to strong sales momentum at its core supermarket chain late in the year. While the headline result is a huge improvement on the $1.2bn lost last year, due to billions... Show More

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Here's what we learned from leading CEOs this week

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

As part of the NAOS investment process, we pay particular attention to the comments made by company CEO’s and business leaders in order to gain a greater understanding of the current investment environment and key trends that may be emerging. Below are quotes from the week which in our view... Show More

ASX:GMG ASX:ILU ASX:SGP ASX:WOW ASX:NAC ASX:TPW ASX:NCC

Uber: The network effect, in reverse

Alex Pollak
Alex Pollak Loftus Peak

Do not expect Uber to right itself now that CEO Travis Kalanick has “resigned.” The company’s problems run far deeper, and the story has far from played out. Show More

Why value investing isn’t what it used to be

Alex Pollak
Alex Pollak Loftus Peak

Now is the time to be extremely wary of value investments. The unprecedented change we are living through means that the risks of value investing have never been higher. Show More

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Making Money in FY18

Livewire Exclusive

Do you have a few losers sitting in your portfolio? Tax time tends to put a spotlight on those painful positions you wish you’d avoided. With FY18 upon us we’ve sourced some views on what will influence markets, stocks and sectors to avoid, plus a few ideas on current opportunities. Show More

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Amazon swallows Whole Foods

Peters MacGregor Capital Management

Head of Research Nathan Bell explains what Amazon's recent bid for US grocer Whole Foods means for grocery retailers at home and abroad such as Coles and Woolworths, while highlighting an undervalued cable TV and broadband provider that the market's forgotten. Show More