Insightful Insights

An insight emerged from some research work we did recently on broker recommendations. What we did was gather historical data on investment returns for a selection of ASX300 companies, together with the “average” broker recommendation for each company over time. continue…

by Tim Kelley Posted in Insightful Insights.

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Much as we used to let our fingers do the walking through the Yellow Pages, today’s customers and students now ‘Google’ it. There are many things that don’t work perfectly, but that hasn’t inhibited Google’s growth. The following picture from Statista provides a useful snapshot of Google’s footprint. continue…

by Roger Montgomery Posted in Companies, Insightful Insights.

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When the Republicans in The House of Representatives and the Democrats in the Senate couldn’t agree on the terms of refinancing legislation, and particularly whether Obamacare measures should be included (Republicans insisted on delaying Obamacare while Democrats held firm), the US government shut down. It has been 17 years since the last shutdown, in which all non-essential governmental operations cease receiving payments. continue…

by Roger Montgomery Posted in Economics, Insightful Insights.

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Here is an excerpt from George Soros’ (arguably the world’s most successful hedge fund manager) speech delivered last week at the Global Economic Symposium, in Kiel, Germany:

“My conceptual framework consists of universally valid generalizations; therefore its usefulness in explaining or predicting the political economy is strictly limited. But as a hedge fund manager I have used it to develop specific theories about specific situations and my performance record testifies to their usefulness. continue…

by Roger Montgomery Posted in Insightful Insights.

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RogerMontgomery.com subscribers can read our in-depth analysis of OzForex in this month’s exclusive white paper later this week.

Despite the buoyancy in the stock market over the past 12 months, we have been surprised to see so few new businesses apply for listing on the Australian Securities Exchange.

Rising markets, maturing term deposits and low cash rates are a good recipe for companies with IPO plans. Investors, who are likely to be more open about putting their hard-earned savings to work rather than reinvesting them in low yielding term deposits, may be keen to take on a little more by investing in companies that are angling to take the IPO plunge. continue…

by Roger Montgomery Posted in Companies, Insightful Insights.

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Boart Longyear (ASX: BLY) owns the world’s largest fleet of drilling equipment, and in doing so has amassed considerable debt. The downturn in the mining sector brought the company perilously close to breaching its debt covenants, and while management was able to refinance the debt earlier this week, we are unconvinced that this has given the company a lot of breathing space. continue…

by Ben MacNevin Posted in Companies, Insightful Insights.

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News headlines are today fixated on the US Congress leaving itself just one day to end a budget stalemate surrounding another possible breach of the debt ceiling on Oct. 17. continue…

by Russell Muldoon Posted in Insightful Insights.

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Ansell (ASX: ANN) is a company that has grown its earnings by 7 per cent a year for the past 6 years. But rather than doing it organically, it has primarily done this by purchasing other companies. continue…

by Ben MacNevin Posted in Companies, Insightful Insights.

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Despite the intention of the authorities, Chinese consumption is not growing as fast as GDP. The release of the August 2013 global crude steel output by Worldsteel demonstrates China’s commitment to Fixed Asset Investment. The obsession with expenditure on low yielding fixed assets continues at pace and is one of the reasons the Shanghai Composite Index is currently 64 per cent below its October 2007 record high. continue…

by David Buckland Posted in Economics, Insightful Insights.

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In this article in Cuffelinks newsletter, Roger analyses Ben Graham’s ‘voting’ and ‘weighing’ machines. Read here.

by Roger Montgomery Posted in Insightful Insights, On the Internet.

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