Insightful Insights

Goodman Fielder produces many of the fast moving consumer goods you would recognise, with brands such as Helga’s bread, Paradise Biscuits, White Wings and Meadow Lea in its repertoire. But despite this enviable suite of brands, the company incurred considerable losses in both 2011 and 2012 and was burdened with debt during the GFC. continue…

by Ben MacNevin Posted in Companies, Insightful Insights.

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As we lurch towards another election with an inevitable outcome, we at Montgomery are surprised by the expectations, held by some, that something dramatic will change next week. continue…

by Roger Montgomery Posted in Insightful Insights.

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In this interview with Ticky Fullerton on ABC’s The Business, Roger talks about whether he’s enthusiastic about the property market in Australia – and whether value investors should be.

by Roger Montgomery Posted in Insightful Insights, Property.

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Back in June, June 13 to be precise, our very own Russell Muldoon wrote about the IPO of iSelect. It was being touted as the “hottest float of the year” by some but we weren’t interested. continue…

by Roger Montgomery Posted in Companies, Insightful Insights.

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Whilst we do not own the shares in the business and haven’t for some time, we previously commented on a number of headwinds we thought Blackmores was facing. Naturally we read their full year result with interest to see how things are progressing. continue…

by Russell Muldoon Posted in Health Care, Insightful Insights, Value.able.

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With nine days before the election, SportsBet has made the unprecedented move of declaring the Federal Election a one-horse race and has paid out all bets on the Coalition. continue…

by Ben MacNevin Posted in Insightful Insights.

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The peak week for reporting season has a been a good one for plenty of companies owned by Montgomery funds. continue…

by Roger Montgomery Posted in Companies, Insightful Insights, Investing Education.

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Imagine a scenario in which you buy a share knowing that you will not be able to sell it. Ever. Instead, the purchase must be justified solely on the basis of the dividends that the share will provide for as long as the company remains in business. When your time is up, you will pass the share on to your descendants. Let’s assume you are fond of your descendants and keen for them to do well.

In this sort of world, how would you think about choosing which shares to own ? continue…

by Tim Kelley Posted in Insightful Insights.

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Over in Singapore recently, as a guest of my very generous hosts at Singapore Press Holdings, I was delighted to meet the company’s Editor-in-Chief Mr Patrick Daniel and Chief Executive Officer Mr Christopher Lee (see photo). As you would expect in any chat between a value investor and the divisional heads of Singapore’s largest newspaper, I asked about the emerging threat of online classifieds. continue…

by Roger Montgomery Posted in Insightful Insights.

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Those of you who are boat owners would know all about the V-Sheet – distress signal. A ‘V’ is also one of the shapes a recovery can take. But while the ‘V sheet’ is an apt alphabetical metaphor for the state that mining services is now confirmed to be in, it isn’t the right shape anyone should be expecting recovery to take. continue…

by Roger Montgomery Posted in Energy / Resources, Insightful Insights.

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