Insightful Insights

One business we follow here at Montgomery is ResMed (ASX:RMD), a leading global supplier of sleep apnoea products, including flow generators and associated masks. Some of the attractions of RMD include: continue…

by Tim Kelley Posted in Companies, Health Care, Insightful Insights.

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Flight Centre (ASX: FLT) released its December 2013 half-year results on the morning of Wednesday 26 February 2014. In the hours after the release, the company’s share price declined by 3.5 per cent. From this level, the price then rallied 7 per cent to finish the day at $51.39. What happened? continue…

by Ben MacNevin Posted in Companies, Insightful Insights.

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In January, we wrote about the need for Mermaid Marine (ASX: MRM) to expand internationally due to their limited domestic opportunities. It has since announced a major overseas acquisition. Have the rough seas subsided? continue…

by Ben MacNevin Posted in Insightful Insights.

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Over the past three weeks, our investment team has analysed each and every single report announced to the Australian stock market. We’ve prioritised those businesses we own to gather new information that’ll help us determine if our view (for better or worse) on their future outlooks has changed, and whether their removal from, or addition to, our portfolio is warranted. continue…

by Russell Muldoon Posted in Companies, Insightful Insights.

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I was interested to read recently about the things Google looks for in new hires. continue…

by Tim Kelley Posted in Insightful Insights.

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InvoCare (ASX: IVC) owns and operates funeral homes, cemeteries and crematoria in Australia, New Zealand and Singapore. Over the past decade, the company has grown their net profit after tax by 16 per cent each year. However, in the year to December 2013, InvoCare recorded a flat net profit after tax at $42.5m.

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by Ben MacNevin Posted in Companies, Health Care, Insightful Insights.

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Continuing on from our recent blog post on Australia’s best listed-list providers, specifically Carsales.com.au (CRZ), Domino’s Pizza Limited (DMP) and REA Group Ltd (REA) – or realestate.com.au – in what is arguably the standout result in this reporting season, Seek.com.au (SEK) has produced an outstanding update with impressive growth numbers reported across the board.

Naturally, given SEK holds the second largest position in both The Montgomery Fund and The Montgomery [Private] Fund, this is something we are very pleased to see. Below you will find some of our preliminary notes after skimming through their half-year report. continue…

by Russell Muldoon Posted in Companies, Insightful Insights.

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Greencross Limited (ASX:GXL) is rolling out a chain of co-located retail stores and veterinary clinics. Since a business’s success is dependent on its staff, how is Greencross going to manage people with such different qualifications and needs?

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by Ben MacNevin Posted in Insightful Insights.

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The US Federal Reserve target rate is one of the most influential interest rates in the US economy, and is applicable to the most credit-worthy institutions when they borrow and lend overnight funds to each other. continue…

by David Buckland Posted in Economics, Foreign Currency, Insightful Insights.

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Let’s suppose you employed someone to flip coins for you because you believed they were a “lucky” flipper. Would you keep employing them, if after 34 years you found that they flipped winners only half the time? Anyone with a penchant for maths or an interest in Martingale may of course be quite satisfied, but the rest of the population would feel the lucky flipper was of little use at all. continue…

by Roger Montgomery Posted in Economics, Insightful Insights.

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