ASX:PNC

PIONEER CREDIT LIMITED

Romano Sala Tenna

In our piece titled ‘Is this the Next Credit Corp?’ in May 2017, we made the case for why we considered PNC to be the standout amongst emerging companies on our radar. At the time the share price was trading at $2.13, but it has since increased by around... 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

Chris Prunty

The remarkable track-record of Australia’s largest listed debt buyer makes Credit Corp worthy of attention. Following today's FY18 results announcement, we share our view on the stock, which we think deserves more credit from the market. Show More

Steve McCarthy

One of the key attributes we look for in a management team is clear evidence that they have “skin in the game”. All the evidence suggests that this is a powerful mechanism to ensure shareholders benefit from the best that management has to offer. In this wire, we discuss the... Show More

Steve McCarthy

Meeting with management from small cap companies is an important part of any professional investors process. Here we share our thoughts following recent meetings with the teams from 5 microcap companies on our radar, including Pioneer Credit, Gale Pacific, Joyce Corp, Blackwall and Zenitas Healthcare. Show More

Romano Sala Tenna

Oscar Wilde once wrote: ‘Experience is simply the name we give our mistakes'. Based on that definition, I am a very ‘experienced’ investor. Over the past 22 years advising clients and the past 12 years managing money professionally, I have made all the usual mistakes and a few unusual ones... Show More

Livewire Exclusive

It’s no secret that growth is hard to come by in the Australian market, but that doesn’t mean that every opportunity has been found already. Livewire interviewed Katana Asset Management’s Romano Sala Tenna, who outlined four stocks with good growth prospects that the market missed. Show More

Livewire Exclusive

This smallcap has seen EPS growth of 30% pa for four years, yet the price has barely moved and the stock still trades on a PE of 8. In this exclusive two-minute video, Romano Sala Tenna of Katana provides explains why EPS could jump another 45% this financial year. Show More

Buy Hold Sell

This week, Matthew Kidman of Centennial Asset Management runs 4 small cap diversified financials - Pioneer Credit, Steadfast, Clearview, and Freedom Insurance - past Mark Whittaker of Investors Mutual and Joe Magyer of Lakehouse Capital. Show More

Romano Sala Tenna

Credit Corp listed in September 2000 at 50c per share. Based on the closing price of $17.62, this represents capital growth of 3,424%. Additionally, the company has paid $3.33 (660%) in fully franked dividends. Here’s our case for the company we consider most likely to be the ‘next Credit Corp’.... Show More

Livewire Exclusive

A great deal of inefficiency exists at the small end of the market. And where there is inefficiency, there is opportunity. The trick is in knowing how to identify the genuine opportunities, while avoiding the risks. If you are able to do that, there is a great deal of alpha... Show More

Steve McCarthy

Expectations for the upcoming reporting season are at the highest they have been in 3 years. In our experience, heightened expectations often lead to disappointments. This is particularly the case for industrials with global operations which in the last 6 months have had to contend with the impact of Brexit... Show More

Livewire Exclusive

Romano Sala-Tenna, Portfolio Manager at Katana Asset Management, singles out Wesfarmers as a stock with high earnings quality, and particularly the Bunnings segment of the business. “Over the past ten years or so it’s been consistently growing revenue, margin, and profit.” Some other positive attributes he identifies were that performance... Show More

Buy Hold Sell

2015 is coming to an end so it’s time to pull out the crystal ball and have a look at what 2016 might hold for investors. Is the outlook for equities bullish or bearish? Big caps have had a tough year in 2015 with small caps the clear outperformers or... Show More