Pushpay offers a mobile payments and engagement product, specifically targeting the US faith sector. Pushpay has become a leading solution provider within this sector and has grown from nothing to processing an annualised equivalent run-rate of US$3b of giving to US churches, in ~5 years. Show More
We have previously discussed A$ gold as a hedge to global market volatility, and highlighted our particular interest in Australian gold producers that boast high-margin, low capital-intensity assets with solid mine life and/or exploration upside. Dacian Gold, discussed below, was acquired in a period of volatility, providing an attractive price... Show More
We initiated a short position in Telstra in February 2017, premised on rising mobile & broadband competition, which was likely to impact on Telstra’s growth outlook. Rising 10-yr bond rates make it a double-whammy for Telstra, which we also view as a bond-proxy. Show More
Nine months ago Paragon Funds Management wrote about their oil bear market view on Livewire “OPEC initiates a price war; implications”(click the https://www.livewiremarkets.com/wires/25260 ). They discussed that the US shale revolution and OPEC inaction (reluctance to cut supply) had led to oil markets being oversupplied by ~1.5m bbl/day and with... Show More
In the latest "Buy Side Brief" Livewire asked four of our contributors "What do you believe to be the most crowded trade at the moment? Why is this a place you would not want to be positioned?" Check the link for answers by John Abernethy at Clime, Tim Hannon at... Show More