Consumer discretionary
-
Super Cheap defies the retail gloom
Roger Montgomery
July 30, 2019
Not all brick and mortar retailers are doing it tough. Take Super Retail Group (ASX:SUL), for example. The owner of Supercheap Auto, Rebel, Macpac and BCF is showing how to maintain margins, and fend off the digital disruptors. continue…
by Roger Montgomery Posted in Companies, Consumer discretionary, Stocks We Like.
-
Why it feels like our cost of living is rising
Andreas Lundberg
July 24, 2019
The Consumer Price Index (CPI) recorded no movement in the March quarter, and rose just rose 1.3 per cent in the 12 months to the March quarter 2019. So why do so many Australians feel like life is getting dearer? Research by my former colleagues at Fidelity Investments might give the answer. continue…
by Andreas Lundberg Posted in Consumer discretionary, Health Care, Insurance.
-
Is there more weakness ahead for discretionary retailers?
Roger Montgomery
July 2, 2019
Since we alerted investors some two years ago that an oversupply of property would ultimately result in a collapse of activity in residential construction, additional nails have been hammered into the fortunes for companies exposed to housing and retailing. continue…
by Roger Montgomery Posted in Consumer discretionary, Property.
- save this article
- POSTED IN Consumer discretionary, Property
-
Caltex under the pump
Joseph Kim
July 1, 2019
The 20 June announcement by Caltex clearly caught the market by surprise, let’s look at the evolving landscape in Australian petrol retailing, the competitive dynamics and how this has impacted Caltex’s profit and share price. continue…
by Joseph Kim Posted in Companies, Consumer discretionary.
- save this article
- POSTED IN Companies, Consumer discretionary
-
Car sales headaches may have unexpected benefit for The Montgomery Fund
Roger Montgomery
June 26, 2019
In the lead up to the RBA’s first interest rate cut in several years, governor Philip Lowe noted the negative ‘wealth effect’ from falling house prices would be felt most acutely by those retailing motor vehicles and household furnishings. continue…
by Roger Montgomery Posted in Consumer discretionary.
-
Rejecting the Reject Shop (or Not?)
David Buckland
May 24, 2019
In the three months since releasing its interim report for the six months to December 2018, The Reject Shop (ASX: TRS) has lost three of its seven Directors, including its Managing Director Ross Sudano. continue…
by David Buckland Posted in Companies, Consumer discretionary.
- save this article
- POSTED IN Companies, Consumer discretionary
-
Get ready for bargains in Aussie retailers
Roger Montgomery
April 18, 2019
With consumer spending on the slide, I think it’s only a matter of time before we see the earnings and valuations of many retailers take a hit. And that could throw up some compelling share price bargains for patient investors. continue…
by Roger Montgomery Posted in Consumer discretionary, Editor's Pick.
- save this article
- POSTED IN Consumer discretionary, Editor's Pick
-
HOW MUCH PERSONAL CREDIT IS OUT THERE?
Andreas Lundberg
February 25, 2019
Recent data shows a continuing decline in new and outstanding personal credit. This is a concern for our retailers, as it means Australians are taking on less debt for spending on discretionary items. continue…
by Andreas Lundberg Posted in Consumer discretionary.
-
Christmas fails to bring cheer to traditional retailers
Andreas Lundberg
January 30, 2019
Yet another gloomy set of figures has just been released highlighting the woes that beset bricks-and-mortar retailers. It confirms our view that investors need to be cautious about retail stocks and, by extension, their landlords. continue…
by Andreas Lundberg Posted in Consumer discretionary.
- save this article
- POSTED IN Consumer discretionary
-
Which stores will e-commerce hit the hardest?
Roger Montgomery
January 24, 2019
Research by UBS shows that online purchases in the US will grow to around 20 per cent of all purchases by 2022. This upward trend should also occur in Australia. But the pain won’t be equally felt by all brick & mortar stores. Some might be hit particularly hard. continue…
by Roger Montgomery Posted in Consumer discretionary.