My fellow guest on Your Money Your Call, Christopher Joye, shot an email around that I thought you might be interested in…
While his article discusses the impact of a 5% devaluation of FX and gold reserves, history shows that a 5% positive revaluation is also a possibility that cannot be ruled out.
In discussion with Ross Greenwood on Radio 2GB, Roger highlights the rising prices of Australian Banks and Retail stocks – but that they still aren’t particularly appealing picks to value investors. Listen here.
This program was broadcast on 5 March 2013.
• Revenue growth 12.5%
• NPAT normalised for $2.1m after tax litigation gain, $14.6m, +12%
• NPAT reported, $16.7m, +28%
- Growth has normalised to more sustainable levels from impressive business
performance over the past 3 years
In his December 2012 Money Magazine column, Roger explains why falling in love with even a historically high performing stock is a risky affair. Read here.
The Federal Court’s decision against ratings agency Standard & Poors has significant implications for both the Australian and global markets – Roger provides insight into why this is so in discussion with Ticky Fullerton on ABC1′s The Business broadcast 6 November 2012, together with his insights into the latest RBA rates announcement. Watch here.