Last week marked the busiest week of the current reporting season. With most of the smaller companies reporting there was no shortage of stocks to profile. We take a look at three of these businesses, how they have fared during the reporting period and what this means for the businesses... Show More
At Monash Investors we look for recurring situations and patterns of behaviour to help inform our investment decisions. One situation is the drive by Boards and Management to exploit high returning opportunities in their core business. In the world of retailing new store roll outs can be a powerful driver... Show More
At our recent End of Year investor briefings held around Australia (December '15), we highlighted many issues that investors needed to consider for 2016. In particular, we forecast that many import-based retailers would be adversely affected by the devaluing Australian dollar. Last week, Lovisa Holdings announced a downgrade that specifically... Show More
We are becoming more comfortable that Lovisa could become a five-year growth story, based on the disciplined and strategic manner in which offshore growth opportunities are being evaluated. With the Lovisa product culturally attuned to UK tastes, expansion into the UK market may present a logical short to medium term... Show More
Aren't IPO and Discretionary Retail meant to be dirty words on The ASX? Apparently not for investors in yesterday's float of jewellery retailer Lovisa which delivered investors with a healthy 7% stag. Perhaps established retailers can learn a trick or two from this nimble operator. 1) Lovisa moves quickly on... Show More