Companies

In November 2011 Telecom New Zealand became the first incumbent telco in the world to voluntarily split, creating Chorus Limited (ASX: CNU) – the owner of New Zealand’s existing copper telecommunications network, and Spark Limited (SPK) – the mobile network, and retail business operator. continue…

by Roger Montgomery Posted in Companies, Stocks We Like.

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

As you may already be aware the employment job board provider Seek (ASX: SEK) is held in both The Montgomery Fund and Montgomery [Private] Fund.

Recently our friend at Morgans, Ivor Ries, published a terrific note on the Seek Premium Talent Search (PTS) product. While this is one of a number of the new initiatives the company will launch over the next few years – to effectively move into the recruitment market, it is perhaps the most significant in terms of identifiable opportunity for revenue growth. continue…

by Roger Montgomery Posted in Companies, Insightful Insights, Technology & Telecommunications.

• 1 Comments
• save this article
• POSTED IN Companies, Insightful Insights, Technology & Telecommunications

In a recent blog post we outlined our investment thesis for Resmed (ASX: RMD), the medical device manufacturer. In a follow up to this piece we are pleased to share an internal review of Resmed’s first quarter results for 2016. We hope this provides an insight into our ongoing dialogue with investments.
continue…

by Ben MacNevin Posted in Companies.

• 2 Comments
• save this article
• POSTED IN Companies

Yesterday we attended Citi Group’s ‘Fireside discussion’ with Tracey Fellows, CEO of REA Group Limited (ASX: REA).

Below we share a few noteworthy points from the conversation. continue…

by Scott Shuttleworth Posted in Companies, Property.

• save this article
• POSTED IN Companies, Property

In the second part of my series on the investment case for Treasury Wine Estates (TWE) given its leverage to a falling Australian dollar (AUD), we look at what is already factored into the share price. continue…

by Stuart Jackson Posted in Companies, Insightful Insights.

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

In this series of blogs, we will take you through an initial assessment of the investment case for a stock that potentially benefits from a particular investment theme. If the initial assessment warrants further investigation, we would then prepare a full investment case and valuation. continue…

by Stuart Jackson Posted in Companies, Insightful Insights.

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

One of the themes that has driven some stocks in the last 6 to 12 months has been food quality and safety in China. Stocks such as Bellamy’s (ASX: BAL) and Blackmores (ASX: BKL) have experienced extremely strong share price appreciations recently on this theme as demand from Chinese consumers for premium international brands with perceived food safety has driven significant sales growth. continue…

by Stuart Jackson Posted in Companies, Consumer discretionary.

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

Myer (ASX: MYR) recently surprised the market by pre-announcing its financial year 2015 (FY15) results and launching a deeply discounted 2 for 5 entitlement issue. While the FY15 results were roughly in line with market expectations, the greatest focus was on the company’s new strategy announcement. continue…

by Stuart Jackson Posted in Companies, Consumer discretionary, Insightful Insights.

• 2 Comments
• save this article
• POSTED IN Companies, Consumer discretionary, Insightful Insights

With reporting season out of the way, we now can continue our series in small cap stocks.

One clear outperformer has been Bellamy’s Australia Limited (ASX: BAL). For those unaware, Bellamy’s is a Tasmanian firm producing organic baby milk powder and formula. continue…

by Scott Shuttleworth Posted in Companies, Insightful Insights.

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

SEEK reported its 2015 financial year results on 19 August. While the result itself was in line with the reduced market forecasts following the trading update in late June, the outlook statement caused a significant reduction in forward estimates. continue…

by Stuart Jackson Posted in Companies, Insightful Insights.

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