Insightful Insights

A commodity is a basic good or service produced to satisfy wants or needs. It is difficult to generate value when businesses deal in commodities, as there is limited ability to exert pricing pressure. continue…

by Ben MacNevin Posted in Insightful Insights.

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The National Broadband Network is a huge undertaking, with expected costs north of $40b.  While the vision is admirable, the reality is starting to look very untidy.

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by Tim Kelley Posted in Insightful Insights, Technology & Telecommunications.

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In September last year, when G8 Education shares were trading for three dollars, we asked: “Is $4.00 unreasonable for G8?”. Seven months later, and with a share price circa 45 per cent higher, we again ask a similar question but this time – is G8 worth more than five dollars? continue…

by Russell Muldoon Posted in Companies, Insightful Insights, Market Valuation.

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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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