(2/2) Back to the sharemarket, of the hundreds of people I spoke to most were confident in market valuations
Contango Asset Management
(2/2) Back to the sharemarket, of the hundreds of people I spoke to most were confident in market valuations. They'd made good money from (the same 14) stocks but were looking to de-weight their bank exposure in particular. All held small/micros and most knew a few of CTNs top 20 surprisingly well, with Graphite and Lithium stocks currently popular. Most shrugged off their small resources losses with that's the market, the other side of that bet were my large positions/ banks which paid off. No one appeared shy to invest. While large caps were considered fully priced, the general mood was of good P/E's, EPSg and ROEs in small/ micros. Investors were buying quality stocks and holding cash. The coming earnings season is key- if it meets expectations they're buying more. Overall, it was a positive atmosphere and they are looking for good ideas from anyone including their brokers.
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Contango uses a combination of top down and bottom up analysis to identify the most attractive investment opportunities in the Australian share market. Contango's Business Cycle approach enables us to shift between growth and value depending on market conditions. We undertake detailed analysis of economic and industry trends to assist us in identifying sector themes, such as the China induced demand for commodities. Our in depth company research enables us to identify those companies that have the strategies, management capabilities and business environment to deliver superior returns.
Contango Asset Management
Fund Manager
Contango uses a combination of top down and bottom up analysis to identify the most attractive investment opportunities in the Australian share market. Contango's Business Cycle approach enables us to shift between growth and value depending on...
Expertise
No areas of expertise
Contango Asset Management
Fund Manager
Contango uses a combination of top down and bottom up analysis to identify the most attractive investment opportunities in the Australian share market. Contango's Business Cycle approach enables us to shift between growth and value depending on...
Expertise
No areas of expertise
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