At the Contango MicroCap Limited (ASX: CTN) AGM Chairman Mark Kerr said we remain confident of a grinding improvement in the world economy, and positive on the...

Contango Asset Management

At the Contango MicroCap Limited (ASX: CTN) AGM Chairman Mark Kerr said we remain confident of a grinding improvement in the world economy, and positive on the outlook and valuation for microcap companies. Chairman's address and PPT presentation at (VIEW LINK) . Overall we are relatively positive on the economic outlook as we expect this 'grinding-higher' growth environment will continue over the next 12 months. We expect rates will remain at these record low levels into next year. With low rates and a lower AUD, the domestic economy should start to recover and transition more growth to the non-mining economy. The CTN investment portfolio's P/E, Yield, EPSg, ROE and ND/E details can be found on slide 15. Stocks covered in depth were GBST Holdings (GBT) Affinity Education (AFJ), Villa World, VLW) and Elanor Investors Group (ENN) slides 19-22 of presentation. Read the latest quarterly microcap newsletter at (VIEW LINK)


Contango Asset Management
Contango Asset Management
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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...

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