Two quality names playing catch up

Livewire Exclusive

Livewire Markets

Two quality names playing catch up. As you were. That is the take away message David Allingham from Eley Griffiths Group has taken away from meetings with the CEOs of Australian listed companies during corporate reporting. Whilst revenue growth remains elusive there was some good news. Thankfully we are finally seeing the delivery of significant cost-outs and that has been a corporate strategy for two years in Australia... The issue moving forward is that we will need that revenue growth to chime in. Everyone is aware of this and the costs can only go so far. The aspect companies can't control is the revenue environment, which remains subdued. As a result those companies with revenue growth have been materially re-rated. However, Allingham says there are a number of very high quality small caps that he believes have been left behind presenting an opportunity for investors. He shares two examples:

2 topics

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.