Contango MicroCap Limited (CTN) continues to forecast a market return of around 12% in FY15
Contango Asset Management
Contango MicroCap Limited (CTN) continues to forecast a market return of around 12% in FY15. After a prolonged period of microcap sector underperformance to large caps it is pleasing to see a swing back occurring said Bill Laister, CTN portfolio manager. The portfolio is positioned for the next 2-3 years so any weakness provides an opportunity to increase positions in our favoured sectors, which include growth defensive companies, residential builders and companies that will benefit from a lower dollar exposure. Some examples include Villa World (VRL), Cedar Woods (CWP), Slater & Gordon (SGH), Tiger Resources (TGS), G8 Education (GEM), Affinity (AFJ) and SG Fleet (SGF). The forward values of the stocks within the CTN investment portfolio reflect our view that the sector overall is well poised to perform well into FY15. Corporate activity starting to lift should also auger well for IPO activity. (VIEW LINK) for more and CTNs FY15 fundamentals.
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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.
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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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