Companies

Wesfarmers (ASX: WES) committed themselves to the Health, Wellbeing and Beauty Sector when, after nine weeks consideration, they increased the price they were prepared to pay for API Pharmaceuticals (ASX: API) by 12.3 per cent (or $83 million of value) from $1.38 to $1.55 per share. continue…

by David Buckland Posted in Companies, Editor's Pick, Stocks We Like.

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One thing that has recently caught my eye has been the unravelling of China Evergrande Group – a conglomerate with over 100,000 employees spanning primarily real estate development but also new energy, property services and health amongst other industries. continue…

by Joseph Kim Posted in Companies.

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It took the CEO, Rob “they’re not browsing” Scott, a little over nine weeks to arrive at the conclusion that if Wesfarmers (ASX:WES) are serious about using Australian Pharmaceutical Industries (ASX:API) as a springboard to enter the growing health, wellbeing and beauty sector, then its logical to increase the acquisition price. continue…

by David Buckland Posted in Companies, Stocks We Like.

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One theme we continue to follow is the impact of the ongoing flood of liquidity being provided to financial markets and the impact it is having on the value and demand for income generating assets. continue…

by Stuart Jackson Posted in Companies.

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Roger joined Philip Muscatello on Shares for Beginners Weekend Watchlist to discuss Macquarie Telecom (ASX:MAQ) which is part of a global megatrend – data centres and the cloud. Global research and advisory firm Gartner estimates in 2022 there will be an estimated $1.3 trillion in IT spend that will be affected by the shift to the cloud and this figure is expected to grow in the low double digits for years to come. continue…

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

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Another reporting season has come and gone.  In all, 345 ASX listed businesses reported their FY21 results, which kept market analysts busy assessing the ‘beats’ and ‘misses’, earnings revisions, macro trends and warning signals.  Here are the chief take-outs from the analysts at investment banks Macquarie and JP Morgan.
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by Joseph Kim Posted in Companies, Stocks We Like.

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Macquarie Telecom (ASX:MAQ) is a data centre owner/operator with facilities in Sydney’s CBD, Macquarie Park in Sydney’s north, and Canberra. MAQ’s cloud services generated 46 per cent of the company’s revenues in FY21, while telecom services, in which it competes with Telstra, Optus, TPG and Vocus, and includes data, voice, mobile and colocation generated 47 per cent of revenues. The remaining revenue (6- 7 per cent) comes from data centre services for wholesale customers.

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by Roger Montgomery Posted in Companies, Stocks We Like.

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In this week’s video insight David interviews portfolio manager of the Montgomery Small Companies Fund Dominic Rose to discuss two high growth Australian retailers with significant global expansion strategies. City Chic (ASX: CCX) and Lovisa (ASX:LOV) make up around 5 per cent of the Montgomery Small Companies Fund portfolio and Dominic identifies why their key prospects are looking better as key markets including the US and UK open back up post COVID-19 lockdowns. continue…

by David Buckland Posted in Companies, Consumer discretionary, Editor's Pick, Stocks We Like, Video Insights.

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FY21 was a great year for companies in the automotive industry. With overseas travel ruled out, we took to the roads. And recent results announcements from Motorcycle Holdings and Apollo Tourism & Leisure indicate that the good times could continue into 2022, even though Peter Warren Automotive is less optimistic. continue…

by Roger Montgomery Posted in Companies.

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Strong investor sentiment and positive macroeconomic conditions saw the volume of initial public offerings (IPOs) rise to 61 in the first half of 2021. One of those listings was small-cap Trajan Group, who raised $90 million in June at $1.70 per share. continue…

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

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