ASX:MYO

MYOB GROUP LIMITED

Andrew Mitchell

Not unlike the regenerative quality of an Australian summer bushfire, equity market corrections are a necessary evil of healthy and well-functioning markets. More often than not, they allow share markets to recalibrate and consolidate over the shorter-term, whilst also acting as an agent to transfer capital from weaker, short-term hands... Show More

Luke Cummings

With a headline value of just under $2.2b, investors awoke to news on Monday morning that accounting software provider MYOB Group Limited (MYO.ASX) had yet again attracted the interests of a private equity group; KKR & Co had submitted an initial non-binding proposal at $3.70 per share having lightened Bain... Show More

Livewire Exclusive

It seems like just weeks ago that February reporting season was wrapping up, but believe it or not, reporting season is upon us again. The Australian market has performed solidly in the period since, having gained 4.4% since the end of February. But this number hides the dichotomy that has... Show More

Martin Pretty

Software group Reckon​ ​(RKN)​ demonstrated with the recent $180 million agreement to sell its Accounting Practice Management (APM) business how managers and directors who own significant equity are more likely to relentlessly pursue shareholder value. RKN is a stock the Equitable Investors Dragonfly Fund continues to own as we don't... Show More

Chris Stott

The S&P/ASX All Ordinaries Accumulation Index closed down 0.7% for the week. On Wednesday, the Westpac-Melbourne Institute index of consumer sentiment fell 1.7% in November. On Thursday, data from the Australian Bureau of Statistics (ABS) reported Australia’s unemployment rate fell to a near five-year low. Show More

CommSec

In this short video we discuss; MYO’s recently reported results which included revenues for the six month period increasing to $204 million, up 14 per cent on prior year, and underlying earnings before interest, tax, depreciation and amortisation (EBITDA) which rose to $90 million, up 9 per cent on prior... Show More

Buy Hold Sell

Macquarie Bank and ING are the latest Australian banks to offer Apple Pay in the accelerating global movement toward a cashless society. This multi-trillion dollar landgrab is turning incumbents on their head in many diverse industries such as retail, betting, transport and accounting. So in this week’s Buy Hold Sell,... Show More

Livewire Exclusive

Self-driving cars, electric cars, artificial intelligence, virtual and augmented reality, streaming video on demand… The list of technologies threatening to improve our lives and/or take our jobs is ever-growing. Stories of failed incumbents such as Kodak, MySpace, and Yahoo are popular among investors, but in reality, incumbents are frequently successful... Show More

Glennon Capital

WeWe attended Macquarie’s annual conference this week and saw many companies present. One of the key themes that came out of the event was the growing importance of data. Data is becoming a key currency in the digital world, and data conscious companies are seeing greater opportunities in their business,... Show More

Livewire Equities

“The top 100 companies have struggled to grow earnings, but there are many other companies with sustainable long-term earnings growth. The key is to look for good-quality companies with a sustainable competitive advantage where it is difficult for clients to discontinue using the product or service. A good example is... Show More

The first of two months in the mini AGM season, key AGMs this month include Rio Tinto plc, Woodside Petroleum, CIMIC Group and Henderson Group. Other meetings of interest are Recall's scheme meeting on 19 April, Investa Office Fund unitholder meeting on 15 April and STW Group's meeting on 4... Show More