ASX:LOV

LOVISA HOLDINGS LIMITED

Oscar Oberg

Investors’ desire for growth outside of the suffering Australian economy was a major theme to emerge in the February 2019 Reporting Season, particularly in the small-to-mid-cap segment of the market. Show More

Equities
Marcus Tuck

Around this time of year, for the past two years, we have published on Livewire the results of our quant screening of Australian stocks, in search of companies that meet our particular metrics around valuation, expected EPS growth and balance sheet safety. One thing they all have in common is... Show More

Andrew Mitchell

While the domestic economy continues to face a myriad of growth hurdles near term, Australian businesses with established channels into higher growth offshore markets (particularly the US and Asia) have been amply rewarded for their investment in overseas expansion. Show More

Equities
Shane Fitzgerald

Lovisa's (LOV) result has been very well received by the market, due to a number of factors. Firstly, leading into the result there were concerns due to the tough retailing environment in Australia that like for like sales would deteriorate – the actual result shows a deterioration of just 1.8%... Show More

Equities
Rudi Filapek-Vandyck

The public debate as to whether the US, and by extension the global economy, is heading for a recession has quickly fallen flat in early 2019. Very little works as reassuringly as rising share prices, and as the dire and gloomy final quarter of calendar 2018 has been followed up... Show More

Schroders Australia

Progress in data analysis and artificial intelligence has done little to alleviate the propensity of people to gravitate towards euphoria and panic together. October saw a fair amount of euphoria give way. Commentators will invariably insert the requisite ‘catalysts’ to explain recent markets falls, aided a little by hindsight. We... Show More

Andrew Tang

We have spoken about market abnormalities and the risk of fresh volatility for some time. Overall we think current weakness will prove to be another 'reality check' for a market that had run a little ahead of itself, rather than a precursor to something more serious. The increased volatility in... Show More

Livewire Exclusive

If reporting season has kept you busy, you may have missed the regular commentary on notable results from Livewire's contributing managers, so we’ve pulled them all together for you here. For the fundies' view on results from Afterpay, Netwealth, Telstra, JB Hifi, REA Group, and 25 other key stocks, click... Show More

Buy Hold Sell
Buy Hold Sell

Growth stock such as Wisetech, Altium, and Afterpay have seen sensational gains this week, underscoring the power of backing the right growth names. However this strategy has been working for a few years now, and it is harder for investors to come across new ideas today. While tech and healthcare... Show More

Shane Fitzgerald

Lovisa (LOV) produced a strong set of numbers with its 2018 result and a nice dividend surprise. EBIT was up 26% on the back of continued strong store growth, 6.8% like for like sales growth and expanding gross margins. The only negative in the result was that for the first... Show More

Shane Fitzgerald

Around 12 months ago, we highlighted Lovisa as a key position in our portfolios. At that time it was trading on 13x earnings and the share price was around $3.50. You can read our thesis at the time in this wire from back then. Twelve months later consensus earnings forecasts... Show More

Marcus Tuck

This time last year we published an article on Livewire called ‘Screening for low-risk equity investments’. Of the seven stocks we discussed, most did well, with an average gain of 90% across them. Livewire got in touch and asked us to reflect on the original research, and reapply the strategy... Show More

Equities
Simon Shields

Performance is as much about avoiding the blow-ups, as it is about picking the winners. So for Livewire’s ‘Easter Eggs’, we outline three sectors to avoid completely, before then spotlighting two stocks we think stock-hunters should take a look at this Easter. Three sectors to avoid First, avoid the banks: Royal Commissions... Show More

Livewire Exclusive

Reporting season has just concluded and we've lined up two of the best-read managers in Australia to get their take on the health of Australian corporates. Chris Prunty from QVG Capital argues that we've just witnessed 'the best reporting season in years' and with that comes a raft of new... Show More

Richard Coppleson

Last reporting season, stocks that “beat” were up +3.10% on the day, and then added an extra +13% to be up +15.7% 4 mths after reporting. The ASX 200 rallied +6.2% over this same time. These stocks had a “lower short interest” at 2.1%, versus 3.1% for the misses. The... Show More