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.
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QR National shares opened 1 cent below their listing price, but have since hit highs of $2.68. Independent share analyst Roger Montgomery is less optimistic about the future prospects of the company. Read article.
More than a billion dollars’ worth of QR National shares changed hands in the first two hours of trade this morning as index funds rushed to gain an allocation, distorting the price. Read transcript.
The Queensland Government has raised $4.6 billion by selling 60 per cent of its rail freight business, QR National. Roger Montgomery says QR National’s value is actually well below what the Government has got for it. Read article.
The Queensland Government’s rail freight company, QR National, has performed much better than expected at its launch on the local share market. But Australia’s biggest float in more than a decade has been marked by controversy. Read transcript.
Walking into the stores of some of my ‘A1’ MQR companies lately, it is clear that Christmas is just around the corner. Here at Montgomery Inc, Value.able Second Edition has just arrived.
At under $50, Value.able is not only easy to wrap, it’s the gift that keeps on giving all year round (and you don’t have to brave the local shopping centre)!
Many First Edition Graduates have asked me the question “what’s new in the Second Edition?” Aside from an added Appendix, the Second Edition contains all the information of the First Edition that had such a positive impact on people like Graham, who wrote;
“I’m somewhat of a minimalist and love it when I get a book where it makes me feel like I can throw away all the other books I have on a subject – this is such a book!!”
Value.able Second Edition is $49.95. The price includes GST and postage to anywhere in Australia (allow 7 business days). You may be able to claim a tax deduction, although you’ll probably want to check.
Visit my website to purchase your copy. And after reading it, please share your thoughts about Value.able, at Leave a Comment here at the blog.
Posted by Roger Montgomery, 19 November 2010
There’s growing trepidation across the media sector as the government finalises changes to the ‘anti-siphoning list’ – the law dictating which national sports must be broadcast on free to air television stations and which are allowed to sell broadcasting rights to pay television. Roger Montgomery told 7.30 Report’s Gregy Hoy “Channel Ten has increased its profits over the last decade by about 4.5 per cent per year. That’s about the rate of inflation or about the rate of income and population growth in Australia. So the results aren’t spectacular and that’s why you’ve seen over time these assets are really the play things of the rich and famous”. Read the transcript.
Bad PR and reregulation at home and abroad combine to create serious headwinds for bank stocks. They really do need to fight the regulatory cloud hanging over them. And investors should only be buying at very big discounts to intrinsic value – which currently don’t exist. Read Roger’s article at www.eurekareport.com.au.
If you saw my post titled ‘Are you drowning in a sea of complexity‘, you will recognise the A1 businesses I shared with Peter’s viewers on Monday night. Whilst the list of A1s isn’t new, I did share some fresh insights into my Montgomery Quality Ratings, and my thoughts about Oroton CEO Sally Macdonald selling shares.
Part I: What is the secret of Roger Montgomery’s A1 Montgomery Quality Rating?
Part II: What are Roger Montgomery’s Top 20 A1 stocks?
Part III: What are Roger Montgomery’s cheapest A1 businesses?
Visit Roger Montgomery’s YouTube Channel to watch more of his TV appearances.
Posted by Roger Montgomery, 17 November 2010.
Some analysts believe BHP could me worth a lot more broken into its component parts that the conglomerate it has become. Roger Montgomery questions the loss of synergies and the risk of BHP’s smaller business units receding back to the status of being a “price taker” rather than BHP’s traditional power as a “price maker”. Read article.
The take up by retail investors, private investors, has been significantly less than was hoped and that means that the onus is now on the institutions to make up the difference. Read article.
