Focus on value, and don’t be afraid of cash
Last week, you might have caught an article published in the Australian Financial Review by contributing editor and friend of mine Christopher Joye. I was also interviewed for AFR TV, the resulting video of which has recently popped up on the Fin Review’s homepage. Read the full article 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.
James Quinlan
:
Hi Roger,
I note you often speak about how you value the entire market. Does that include loss making companies? After reading Value-able I would guess you would give them an automatic $0 valuation…would you bother analysing such a firm in any greater detail than that?
Cheers,
James
Roger Montgomery
:
Yes, if we believe the prospects for the business are vastly better than the past!
Jamie
:
With the Australia share market, where do you see the growth sector.
I’ve just read Harry s Dent book on The demographic cliff in which he focus on the health sector. What are your view on this?
Roger Montgomery
:
This is a good abject for a future bog post. Thanks for the idea!
Jim Hasn
:
Love the Freudian slips Roger