Companies

Deterra Royalties (ASX:DRR) was established through a strategic demerger from Iluka Resources Ltd (ASX:ILU) in 2020. At the core of Deterra Royalties portfolio lies long-life, Mining Area C (MAC), a premier iron ore mining operation in the Pilbara region of Western Australia, operationally managed by BHP. This key asset is underpinned by a royalty agreement that ensures Deterra Royalties receives quarterly payments equivalent to 1.232 per cent of the revenue generated, alongside substantial one-off payments of A$1 million for each dry metric tonne increase in annual production capacity.  continue…

by Roger Montgomery Posted in Companies, Stocks We Like.

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The domestic economic backdrop, characterised by 13 interest rate hikes, and consumer malaise brought on by the persistent inflation-induced cost of living pressures, had set the stage for modest, if not dour, expectations for reporting season. continue…

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Investors in the Montgomery Small Companies Fund, take note; ARB Corporation Limited (ASX:ARB) has just released its half-yearly financial results for the period ending 31 December 2023, and there’s plenty of good news to unpack. As long-term fans and as shareholders in ARB, we’re keen to understand how the company is performing and what strategies it’s implementing for future growth. continue…

by Roger Montgomery Posted in Companies, Stocks We Like.

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Global premium appliance brand owner Breville Group’s (ASX:BRG) recent half-yearly results released on 13 February have stirred mixed reactions among analysts and investors. There was a slight disappointment in sales, although this was overshadowed by improved gross margins and efficient cost control measures. continue…

by Roger Montgomery Posted in Companies, Stocks We Like.

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Despite the 13 increases over the 18 months to November 2023 in the Reserve Bank of Australia’s official cash rate to 4.35 per cent, analysis of the Commonwealth Bank of Australia’s (ASX:CBA) half-yearly result for the 6 months to December 2023 shows an organisation that is doing a good job managing through an economic environment where “financial conditions continue to tighten”. continue…

by David Buckland Posted in Companies, Stocks We Like.

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In this week’s video insight, I explore the recent performance of the retail sector. Companies like Cettire, Temple & Webster, Nick Scali, and JBHi-Fi have surprised analysts with their robust performance, leading to a reassessment of sales projections. I discuss the unexpected resilience of retailers in the face of January’s challenges and discuss the implications of these developments for the future. continue…

by Roger Montgomery Posted in Companies, Stocks We Like, Video Insights.

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Reporting season is the gift that keeps on giving. Following on from our reporting of the great results from online retailers Cettire (ASX:CTT) and Temple & Webster (ASX:TPW), results from several other holdings are also encouraging. Seven Group (ASX:SVW), IDP Education (ASX:IEL), and Audinate (ASX:AD8) have all reported, and the initial response from the market has been positive. continue…

by Roger Montgomery Posted in Companies, Market commentary, Stocks We Like.

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Temple & Webster (ASX:TPW) have already added to the positive retail momentum by Nick Scali (ASX:NCK), JB Hi-Fi (ASX:JBH), and Cettire (ASX:CTT).

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by Roger Montgomery Posted in Companies, Market commentary.

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Transurban (ASX:TCL) reported its first half of FY24 results on the 8^th of February, sharing its financial results and operational insights. The report revealed significant growth in earnings and an estimated FY24 distribution of 62 cents per share which represents approximately 7 per cent growth on FY23. continue…

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

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Generally speaking, and while it is early days, this earnings season has been a good one both broadly and for the Montgomery Small Companies Fund, overseen by portfolio managers, Gary Rollo and Dominic Rose. continue…

by Roger Montgomery Posted in Companies, Market commentary.

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