Central bank currency wars, political election cycles and corporate survival mode will continue to put downward pressure on growth rates and interest rates. New RBA governor, Philip Lowe is likely to inherit an economy at the early stages of the new rate cut cycle to fight deflation. The Federal Budget... Show More
The Australian equity market’s sustainable dividend yield will attract investors in an environment of low rates and low growth. The GARY approach allows the investor to get the exposure to recovering growth with the protection of the yield thematic. Show More
We remain bullish long term while expected short term January profit taking remains after late December rally. US Fed raising rates strengthened the USD and forced China to devaluate the Yuan with the slowing economy. The devaluation of the Yuan has started the rebalancing of manufacturing away from US, Germany... Show More
We remain bullish long term while expected short term January profit taking remains after late December rally. US Fed raising rates strengthened USD and forced China to devaluate Yuan with slowing economy. The devaluation of the Yuan has started the rebalancing of manufacturing away from US, Germany and Japan and... Show More
GARY (Growth At Reasonable Yield) screen allows us to pick stocks with good yield, good growth and cheap value multiples compared to the overall historical market trend. Resources and related Services carry higher risk due to global growth worries. Show More
We maintain a bullish long term view on the Australian equity market to reach 6500 in 2016. Falling growth outlook and the RBA move have made equities the preferred risk/return option for investors wanting better return in an environment where disposable income and standard of living is falling while unemployment... Show More
We maintain a bullish long term view on the Australian equity market to reach 6500 in 2016. Falling growth outlook and RBA move have made equities as the preferred risk/return option for investors wanting more than 3% return in an environment where disposable income and standard of living is falling... Show More
We maintain a bullish long term view on the Australian equity market to reach 6500 in 2016. The RBA’s move in February saw equities as the preferred risk/return option for investors wanting more than a 3% return in a rising cost environment. We see short term profit taking risk in... Show More
GARY - Growth At Reasonable Yield | Growth struggles while yield shines | We maintain our long term positive view while expecting short term volatility on domestic policy risk, commodity price risks and geo-political risks. Equities will continue to benefit from major global economies maintaining low rates of interest for... Show More
Change in substantial holdings for 29/8/2014. The images attached show the change in substantial holdings notices from the previous days trading. NAOS Asset Management have increased their position in take-over target Calliden (CIX). Ellerston Capital have initiated a substantial holding in RXP Services. BT Investment Management now have a substantial... Show More
Contango MicroCap Limited (CTN) continues to forecast a market return of around 12% in FY15. After a prolonged period of microcap sector underperformance to large caps it is pleasing to see a swing back occurring said Bill Laister, CTN portfolio manager. The portfolio is positioned for the next 2-3 years... Show More
Following a relatively strong reporting season (and relatively strong market performance), the challenge is to identify companies that will continue to outperform. We see opportunities in the small to mid-cap space, and our Research Team has identified eight ex-ASX200 companies we believe have the potential to exceed earnings growth expectations over... Show More