Monthly Archives: December 2014

For the past decade, the energy sector and Emerging Markets have been fuelled by a growing China. Now, as China slows and the oil price plummets, the feedback loop has turned decisively viscious. But after having it so good for so long, have today’s market participants fully understood the downside risk? Continue…

by Ben MacNevin Posted in Energy / Resources.

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Macau gaming revenues look set to go from bad to worse. According to reports in The South China Morning Post yesterday, Beijing is giving its Ministry of Public Security powers to crack down on illegal money laundering through Macau, in what is described as an unprecedented move.

Money laundering through Macau has, it is speculated, been a primary channel through which wealthy Chinese channel money out from the mainland. Continue…

by Roger Montgomery Posted in Foreign Currency, Insightful Insights.

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For those hoping that 2014 will see the end of the mining downturn, the fallout may have only just begun.

A bellwether of the Perth market has released profit guidance that paints a very grim picture of economic conditions in the west. Continue…

by Ben MacNevin Posted in Consumer discretionary, Insightful Insights.

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TPG Telecom Limited (ASX: TPM) has been sold off sharply over the past few days presumably post the Government’s response to the Vertigan Panel’s review of the National Broadband Network & telecommunications industry which you can find here.

The report contains a lot of material, an analysis of which could extend for several pages, so below we attempt a more concise review of some of the changes and their potential implications for TPG as we currently see them. Continue…

by Scott Shuttleworth Posted in Insightful Insights, Investing Education, Technology & Telecommunications.

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In this article, Roger wraps up 2014 and as we position ourselves on the blocks of 2015, it is worth considering how investors and consumers might behave. With Australia’s official cash rate already at 2.5% and having been there for 16 months, is another 25 basis point (0.25%) drop sometime next year going to get you off the couch? Read here.

by Roger Montgomery Posted in On the Internet.

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The Sydney Morning Herald today reported, what appears to be shocking behaviour, by Woolworths (ASX:WOW) and suggests the company is really feeling the pressure at the moment. If the allegations reported by Fairfax are correct, one must wonder how the methods are any different to the stand-over tactics employed by the gangsters of the 50’s and 60’s.  It certainly doesn’t seem to be the behaviour of responsible corporate citizens, rewarded with millions in salaries and bonuses. Continue…

by Roger Montgomery Posted in Consumer discretionary, Insightful Insights.

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by Roger Montgomery's Team Posted in Old Content.

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In this interview, Roger joins John Morrison for a look at the resurgent Qantas, posting a $350mn profit after a $650mn loss last year. They then look at airlines in general – and discussed the slow down in China and the effect on Australian business. Listen here.

by Roger Montgomery Posted in Radio.

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We have watched the share price fall in Sirtex Medical over the past week with some interest, and whilst we don’t take our cues from price action alone, we did a fair amount on enquiry as to what had spooked investors over such a short space of time. Continue…

by Russell Muldoon Posted in Health Care, Insightful Insights, Investing Education.

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by Roger Montgomery's Team Posted in Old Content.

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