Companies
-
Oracle is flying through clouds
Christopher Demasi
July 10, 2017
Founded in California in 1977, Oracle Corporation is the dominant provider of critical database software and a leader in mission critical applications for enterprises all over the world. Oracle is also the 2nd largest holding in the Montgomery Global Fund as at the end of the financial year. The latest annual financial results published by the company at the end of June give an insight into why we think the stock is so attractive. continue…
by Christopher Demasi Posted in Companies
- 2 Comments
- save this article
- POSTED IN Companies
-
The power of scale in our new digital world
Andrew Macken
July 6, 2017
If you are an Australian CEO, you are probably wondering if Amazon will one day disrupt your business. The threat of Amazon to Australian business is the topic du jour all of a sudden, so it is worth understanding exactly why Amazon is so scary. continue…
by Andrew Macken Posted in Companies, Market commentary
- 2 Comments
- save this article
- POSTED IN Companies, Market commentary
-
Dissatisfied customers will be key to Amazon’s grocery success
Daniel Wu
June 30, 2017
Amazon has been busy upending the retail sector lately. The company recently announced the acquisition of Whole Foods Market for US$13.7 billion. It also announced the launch of Prime Wardrobe, a service that allows Prime members to try on clothes before they buy. Finally, news emerged that Amazon and Nike would strike a deal for the latter to sell its iconic shoes directly on the Amazon website. These developments together have crushed the share prices of grocers, department stores, and apparel and footwear retailers. They also raise some questions – why has Amazon come full circle on brick and mortar retail, and what is Amazon’s plan? continue…
by Daniel Wu Posted in Companies
- 2 Comments
- save this article
- POSTED IN Companies
-
Is Link’s acquisition of Capita Asset Services as good as it seems?
Stuart Jackson
June 29, 2017
On 26 June, Link Group announced the £888m acquisition of UK-based Capita Asset Services. This was heralded as a transformational acquisition. After all, it will increase Link’s enterprise value by a whopping 50%. But is the deal a plus for shareholders? continue…
by Stuart Jackson Posted in Companies
- save this article
- POSTED IN Companies
-
What we can learn from the CPA Australia fiasco
Andreas Lundberg
June 29, 2017
The promo for Alex Malley’s book, The Naked CEO, says the author has ‘led a life rich in successes and mistakes’. Well, those successes and mistakes have been on show of late, thanks to the spectacular meltdown of the organisation he led, CPA Australia, where we’ve witnessed the very worst of corporate excess – but at a not-for-profit industry body. continue…
by Andreas Lundberg Posted in Companies, Editor's Pick
- 1 Comments
- save this article
- POSTED IN Companies, Editor's Pick
-
A Valuable Treatment
Ben MacNevin
June 23, 2017
Resmed was the first company under my coverage when I joined Montgomery and I’ve thoroughly enjoyed following the company for five years. Over this time, I’ve always been fascinated by the treatment of sleep apnea, and it’s helped shape my understanding of an important investing principle: To generate value, you don’t need to solve a problem, you just need to provide a solution that’s materially better than your competitors. continue…
by Ben MacNevin Posted in Companies
- 2 Comments
- save this article
- POSTED IN Companies
-
What Amazon’s Whole Foods buy means for Aussie retailers
Stuart Jackson
June 23, 2017
Probably the biggest story of late was Amazon’s announcement that it would acquire the high-end grocery chain, Whole Foods, for US$13.7bn. The purchase is a significant step-up in Amazon’s assault on traditional grocery retailers. With the U.S. behemoth about to set foot on our shores, should Coles and Woolworths be even more alarmed? continue…
by Stuart Jackson Posted in Companies
- 1 Comments
- save this article
- POSTED IN Companies
-
The grocery duopoly has its challenges, but is it in the share price?
Scott Shuttleworth
June 22, 2017
On 7 June, Wesfarmers held its strategy day. Two weeks on, we are hearing echoes from what was formally a very rational duopoly.
continue…by Scott Shuttleworth Posted in Companies
- 6 Comments
- save this article
- POSTED IN Companies
-
Ten Times Trouble
Roger Montgomery
June 14, 2017
According to today’s Australian Financial Review, the board of Network Ten (ASX: TEN) is considering putting the station into administration after the company announced a material loss in April for the first half of the financial year and after the board failed to garner further financial support from its billionaire shareholders. continue…
by Roger Montgomery Posted in Companies
- 5 Comments
- save this article
- POSTED IN Companies
-
Amazon, tell me more…
Daniel Wu
June 13, 2017
Recently Daniel Wu recorded a video insight that was so popular our readers have asked for a transcript. Amazon does not just compete on price, and he shares two important insights into how Amazon might look to operate in Australia. continue…
by Daniel Wu Posted in Companies
- 1 Comments
- save this article
- POSTED IN Companies
