Monthly Archives: December 2013

  • Will it float or sink?

    Roger Montgomery
    December 11, 2013

    My kids all played this game at the Montgomery residence when they were very young. We’d line up all manner of items next to a bowl of water and the kids had to think about whether the item would float or sink. Heavy pieces of wood were always fun because despite their weight, they floated.

    That surprised look must also be on the faces of those who purchased shares in some of the recent wave of floats. Continue…

    by Roger Montgomery Posted in Companies, Market commentary.

  • TPG – Totally, Pretty Good

    Roger Montgomery
    December 10, 2013

    In what we believe is a company transforming event, TPG Telecom (TPM) has announced the acquisition of Telecom New Zealand Australia Pty Ltd and its subsidiaries, which include the AAPT and PowerTel businesses. Continue…

    by Roger Montgomery Posted in Companies.

  • Chart this! (10/12/2013)

    Roger Montgomery
    December 10, 2013

    by Roger Montgomery Posted in Video Insights.

  • What a year!

    Roger Montgomery
    December 9, 2013

    In this interview with Ross Greenwood on 2GB radio’s Money News, Roger looks back at what has happened in the Australian stock market in 2013. What might 2014 bring? Listen here.

    by Roger Montgomery Posted in Radio.

  • Forecasts for 2014

    Roger Montgomery
    December 9, 2013

    Well, it’s that time of year again. The time I traditionally throw a cat amongst the pigeons to get everyone to think carefully about what they are doing and to question whether they should continue with it next year. This year, I have deliberately fired up the ether with a claim that a particular stream of charting or technical analysis is rubbish… Let’s see whether anyone can conjure up evidence that ‘support’ and ‘resistance’ stands up to the scrutiny of mathematical and statistical evaluation. Continue…

    by Roger Montgomery Posted in Insightful Insights.

  • Looking for investment opportunities?

    Roger Montgomery
    December 6, 2013

    In these highlights from Your Money Your Call, broadcast on Sky Business, Roger discusses the state of the Australian share market and self managed super funds. Watch here.

    by Roger Montgomery Posted in TV Appearances.

  • One man’s trash is another man’s treasure

    Tim Kelley
    December 6, 2013

    One of the things that keeps the equity markets interesting is the way different investment attributes fall in and out of fashion. For example, in recent times we have seen a marked preference for large, dividend paying stocks, which we expect is a reflection of record low interest rates, and a quest for better income returns with low perceived risk.

    A slightly less obvious development has been a move by the market away from high quality companies and into lower quality issues. Continue…

    by Tim Kelley Posted in Insightful Insights.

  • Alert: Which Floats Will Sink or Swim?

    Roger Montgomery
    December 5, 2013

    Veda opens near our intrinsic value estimate of $1.77.

    As you know we have been speaking about the only game in town being the current rash of IPOs for some time. Continue…

    by Roger Montgomery Posted in Consumer discretionary, Technology & Telecommunications.

  • A minefield for mining services investors

    Russell Muldoon
    December 5, 2013

    Things are looking tough for the Mining Services sector. Intense competition, falling revenue and lower margins were laid bare in the latest round of Annual General Meeting (AGM) presentations. Continue…

    by Russell Muldoon Posted in Energy / Resources.

  • The pros and cons of the Lifehealthcare IPO

    Russell Muldoon
    December 4, 2013

    In this article, published in the Australian Financial Review, Russell Muldoon gives Montgomery’s view on the Lifehealthcare IPO. Read here.

    by Russell Muldoon Posted in In the Press.