"We no longer doubt that the US administration’s proposals signal the direction of trade policy. An escalatory cycle of protectionist actions, not just rhetoric, has begun and will continue. It’s another reason why pressure should continue in risk markets, which now must eat their US policy vegetables after feasting on... Show More
Silex Systems (SLX: ASX) a long time listed uranium play is cutting a forlorn figure these days on the ASX boards. SLX recently announced that it had failed to resolve all the due diligence issues with regards to its purchase of 76% of is GLE joint venture from its JV... Show More
Many investment managers use quantitative screens to focus their attention on the investment opportunities that are most likely to reward close study, and we are certainly among them. Over the years we have built software tools that make it easy for us to analyse the historic performance of a wide... Show More
Before delving into some of the specifics, we believe it is worthwhile recapping where NGI has come from, to better appreciate some of the successes now becoming increasingly observable. It’s been quite a journey for the US-based Navigator Global Investments (NGI). Formerly known as HFA Holdings (HFA), NGI is the... Show More
With reporting season now behind us we have gained a more complete picture of how all of our portfolio holdings have performed for the first half of 2018. While some have disappointed relative to expectations, there were two standout small-caps within the technology space that comfortably exceeded forecasts. Here we... Show More
Volatility is the value investor’s best friend and weeks like last week are welcome opportunities, not reasons to panic. For so long quality companies with growth traded above the prices we wanted to pay but last week’s indiscriminate selling knocked their prices down to levels sufficiently below valuations for us... Show More
One of the businesses we believe is well-positioned for a strong 2018 is traffic enforcement technology provider, Redflex Holdings (ASX:RDF). Show More
Picking up where David left off on large-cap investing, this week I’m going to discuss some strategies we use to find investment opportunities for the Clime Smaller Companies Fund (CSCF). Show More
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
Local market jumped on global relief rally on less than expected hurricane damage and no missile test by NK. Local market had already priced in part of this relief rally upside yesterday as we moved on positive US futures…so we had the catch up session today. Given the China/Russia watered... Show More
Local market delivered the first solid positive day in over a week on the optimism that US Hurricane damage was better than expected. Growth worries drove commodities lower over the weekend. Local market bounced on the open on the back of the banks as global investors increased exposure to cover... Show More
Local market jumped on the open with global bounce and then slid down to flat as overall negative sentiment took hold. Trump administration has kicked the can down the road by a short term debt ceiling deal for 3 months while the US Fed meeting in 2 weeks will be... Show More
North Korean leader, Kim Jong-Un, has confirmed that the Democratic People's Republic now has thermonuclear capabilities after testing it's newly developed hydrogen bomb at the country's nuclear test site. Aside from obvious political, military and environmental implications, this could have considerable economic ramifications, especially for Australia should it get caught... Show More
The market is littered with the corpses of over-geared, would-be consolidators that grew too fast and didn’t fully integrate acquisitions along the way. You needn’t even stray outside of the telco sector to find a recent and very public example in Vocus Group (ASX:VOC). You would therefore be forgiven for... Show More
Local market fell on the open with NK risk and then recovered part of the loses on the back of the positive commodity outlook. The data out of US remains patchy on the consumer outlook with another weaker than expected non-farm payroll while manufacturing PMI’s were solid. ECB hinted that... Show More
Local market bounced on positive global sentiment before running into profit taking ahead of the long weekend in the US. The global market sentiment improved with solid economic data from China, US and Canada while Japan data supports accommodative BOJ stance for the medium term. The non-farm payroll data will... Show More
Local market bounced back on positive US and China economic data. The local business capex outlook data was positive but the weak consumer sentiment shows that one has not translated to the other since GFC. The GDP growth rate hit 3% and maintains the recovery pace we have seen in... Show More
Local market flip flopped to finish flat after opening positive on US market intraday recovery. North Korea and US seem to have taken a few steps back from recent bravado talk. USD continues the slide against most currencies while the Euro leading the charge. The US Fed outlook will get... Show More
Local market fell on the open and then made a slight recovery as North Korean missile test launch through Japanese airspace killed off the weak overnight global market sentiment. North Korean launched another test missile through Japanese airspace according to South Korea…more ammunition for risk off trade to remain in... Show More
Local market fell on the open and then traded sideways with weak global sentiment. The commodities remain strong on the back of China optimism…Shanghai index delivered another new high since 2015. Iron Ore continues to baffle analyst by moving higher while the Texas natural disaster playing into Oil optimism. Jackson... Show More
