The market’s best companies
Recently, I contributed an article to the April 2014 edition of the ASX Investor Update email newsletter, which was then published on the ASX website. In what was essentially a checklist in helping spot great companies, I nominated 15 that fit the criteria. Read the full article here, and to register with the MyASX newsletter, click here.
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
Sam Fimis
:
Hi Roger, really enjoyed the article. What are your thoughts on ARP at the moment? The share price has drifted for the past couple of years. It has rewarded shareholders for a long time now, but management is a risk in my opinion. The Brown brothers have been exceptional, but will the market re-rate it if they were to retire?
Roger Montgomery
:
a derating would be predictable but also an opportunity.
Peter Briggs
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Obviously some newish headwinds. But still a very good company. Are your funds still invested in it?
Peter Briggs
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I note TPM is not on your list. You seem to be giving some negative vibes, or at least not as positive as your most recent blog analysis on TPM, or am I misreading you..
Roger Montgomery
:
I think we have mentioned in the media the conflict between TPG and the economics of the NBN – being in conflict with a national interest.