Monthly Archives: August 2021

  • Are the halcyon days over for discretionary retailers?

    Roger Montgomery
    August 19, 2021

    Last year’s JobKeeper payments provided a handy tailwind for many of our discretionary retailers, particularly those with a strong online presence. But was this as good as it gets?  It looks like it, if the recent sell-off in some of our better known retail names is anything to go by. Continue…

    by Roger Montgomery Posted in Consumer discretionary.

  • A disappointing exit price for BHP’s oil and gas assets

    David Buckland
    August 18, 2021

    BHP is accelerating its retreat from fossil fuels with a deal to sell its global oil and gas assets to Australian energy giant Woodside Petroleum. The companies announced an all-stock merger of BHP’s entire petroleum division spanning Australia, the Americas and North Africa with Perth-based Woodside. Continue…

    by David Buckland Posted in Companies, Editor's Pick, Energy / Resources.

  • Why we see further upside for ResMed

    Roger Montgomery
    August 18, 2021

    In June this year, Philips was forced to recall 14 sleep and respiratory care devices due to safety concerns. While this has been a setback for the Dutch company, it’s been a major plus for Australia’s ResMed, which is poised to significantly boost its market share. Continue…

    by Roger Montgomery Posted in Companies, Stocks We Like.

  • Why investors are enjoying this reporting season

    Roger Montgomery
    August 17, 2021

    So far, reporting season has delivered for many investors. Conducive trading conditions for banks, miners, technology companies and many retailers have resulted in increased dividends and share buybacks, while the overall market has leapt to fresh highs. Of the businesses to report, several have stood out. Continue…

    by Roger Montgomery Posted in Companies, Stocks We Like.

  • Why REA could be a better way to invest in property

    Roger Montgomery
    August 16, 2021

    According to a recent rent report by Domain, gross rental yields have dived to around 4 per cent on the back of soaring property prices. This makes direct investment in property less appealing than it once was. But there are other ways to profit from Australia’s obsession with property. And one of those is via online real estate advertising company, REA Group (ASX:REA). Continue…

    by Roger Montgomery Posted in Companies, Editor's Pick, Property, Stocks We Like.

  • Have you joined the de-carbonisation train?

    David Buckland
    August 13, 2021

    In my recent interview with Gary Rollo, Portfolio Manager of the Montgomery Small Companies Fund Gary focused on the bull market associated with the decarbonisation thematic, the long-term fundamentals for Lithium and Copper and two stocks, Pilbara Minerals (ASX:PLS) and Aeris Resources (ASX:AIS). Continue…

    by David Buckland Posted in Companies, Stocks We Like.

  • Siemens Healthineers Lifts Outlook

    Roger Montgomery
    August 12, 2021

    Polen Capital recently increased its holding in Siemens Healthineers as the company raised its guidance for the third time this year after sales of its rapid coronavirus testing kits reached a peak in the third quarter. Continue…

    by Roger Montgomery Posted in Companies, Stocks We Like.

  • How to cut small cap risk when inflation is on the rise

    Roger Montgomery
    August 11, 2021

    Given the increasing threat of inflation, many investors are asking me what impact it will have on small companies. The quandary is that small caps are more volatile than large caps, but they can provide greater potential for long-term growth. For me, the answer lies in high quality stock selection. Continue…

    by Roger Montgomery Posted in Companies, Market commentary.

  • Regulatory crackdown on the education sector and China related stocks

    Roger Montgomery
    August 10, 2021

    As you know I am a big fan of the team at Polen having invested at the Australian inception of the Polen Capital Global Growth Fund. When the Chinese government articulated its love-hate relationship with the computer gaming industry and announced a crackdown on kids gaming it came as some relief to hear the Polen Capital team had made portfolio changes. Polen’s update follows, and it provides a valuable insight into the team’s processes and philosophy. Continue…

    by Roger Montgomery Posted in Companies, Global markets.

  • Nick Scali’s online sales are still surging

    Roger Montgomery
    August 10, 2021

    Another lockdown and this time 16 million people are tied to their computers at home with very little to do but work and shop online. There’s some merit in the idea that online shopping boomed during the first lock down because a) it was novel, b) the government was handing out money and c) the boss wasn’t looking over workers’ shoulders. This time around, while the boss remains absent the government isn’t being as generous. Continue…

    by Roger Montgomery Posted in Companies, Consumer discretionary.