Companies

Following a recent trading update, Flight Centre (ASX:FLT) shares are trading at around their lowest levels for some years.   In its announcement to the market FLT attributed the weak trading to a wide assortment of issues including: the Federal election; Brexit; airfare price wars; investment in key improvement strategies and the Zika virus. continue…

by Tim Kelley Posted in Companies, Consumer discretionary.

• 4 Comments
• save this article
• POSTED IN Companies, Consumer discretionary

It was almost a year ago that we picked the Hong Kong-listed global luxury retailer Prada as the world’s leading short candidate. So after a significant decline in share price is there still an opportunity to short Prada?

Click on the image to read the full Herald Sun article.

You can read all of the team’s press articles through browsing our media library, view more articles here.

by Roger Montgomery Posted in Companies, Consumer discretionary.

• save this article
• POSTED IN Companies, Consumer discretionary

Markets will typically pay a premium for a company depending on growth expectations, and then management is burdened with meeting these expectations, however rosy they may be. It’s rare then to find a company, which has attractive growth prospects, which are not being valued by the market. IMF Bentham (IMF) is one such company, which has laid the foundation for long-term growth, but the market seems focused on its short-term underperformance.

by Ben MacNevin Posted in Companies, Insightful Insights, Stocks We Like.

• 9 Comments
• save this article
• POSTED IN Companies, Insightful Insights, Stocks We Like

by Roger Montgomery Posted in Companies, Insightful Insights.

• 8 Comments
• save this article
• POSTED IN Companies, Insightful Insights

Fifteen months ago we wrote a piece on a not so favourite stock, Arrium Limited (ASX: ARI), and tried to explain why it was in such poor financial health. continue…

by David Buckland Posted in Companies, Insightful Insights.

• 5 Comments
• save this article
• POSTED IN Companies, Insightful Insights

One very high quality business listed on the ASX is Invocare Limited (ASX:IVC). IVC is the clear market leader in funeral homes, cemeteries and crematoria in Australia, and has a strong market position in New Zealand and Singapore.  The idea of a business whose revenue is tied to the death rate may not be everyone’s cup of tea, but from an economic standpoint, it is one you have to admire. continue…

by Tim Kelley Posted in Companies, Insightful Insights.

• 3 Comments
• save this article
• POSTED IN Companies, Insightful Insights

by Stuart Jackson Posted in Companies, Stocks We Like.

• 2 Comments
• save this article
• POSTED IN Companies, Stocks We Like

Several weeks ago we blogged on the prospects of Henderson Group PLC (ASX: HGG). Since that time, the firm reported its 2015 result and it seems timely to review the result and check its prospects. continue…

by Scott Shuttleworth Posted in Companies, Financial Services.

• 7 Comments
• save this article
• POSTED IN Companies, Financial Services

Medibank Private (MPL) is not a company whose activities need to be described here. Most readers are privately insured and the largest provider is MPL, so you know who the company is and what it does. The investment thesis that saw Montgomery purchase shares in the float, and its investors subsequently profit from, was relatively simple (although the analysis and valuation work was not). continue…

by Roger Montgomery Posted in Companies, Stocks We Like.

• 3 Comments
• save this article
• POSTED IN Companies, Stocks We Like

With reporting season underway, this is the time we get to revisit the assumptions behind many of our current portfolio holdings. Through large amounts of data crunching, we are also able to compare and contrast management teams and businesses we hold against others that we do not and potentially identify opportunities. continue…

by Russell Muldoon Posted in Companies, Stocks We Like.

• 5 Comments
• save this article
• POSTED IN Companies, Stocks We Like