Insightful Insights

When we first suggested back in May, on The ABC Program The Business (watch here), that Australia could experience a recession, we didn’t know how long it would take for the idea to catch on. Turns out it doesn’t take that long at all. continue…

by Roger Montgomery Posted in Insightful Insights.

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Yesterday, NRW Holdings Limited (ASX:NWH) joined a long list of resource and mining service companies materially downgrading their outlooks with the release of a “FY13 Guidance Update”. continue…

by David Buckland Posted in Companies, Insightful Insights.

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Author Rob Schultheis wrote: “…there’s a silent voice in the wilderness that we hear only when no one else is around. When you go far, far beyond, out across the netherlands of the Known, the din of human static slowly fades away, over and out.”

For over a year we have felt like the voice Schultheis wrote about, but knowing always that it is when the din of human static catches on that we will start to see some very dramatic adjustments. continue…

by Roger Montgomery Posted in Insightful Insights.

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According to one of our brokers, 127 companies have thus far announced downgrades for FY13. Throw Cochlear into the mix and that’s 128. continue…

by Roger Montgomery Posted in Companies, Insightful Insights.

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Back on April 14th, we wrote the following column. Once again, it proved prescient.

Having taken some profits in overstretched retail stocks and having avoided mining services and mining completely (other fund managers have not been so fortunate) The Montgomery [Private] Fund has 45% of its portfolio in cash ready to take advantage of opportunities as they arise. Investors are in the fortunate position of having almost half of the portfolio in the safety of cash.
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by Roger Montgomery Posted in Economics, Insightful Insights.

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The second wave of four Australian Liquefied Natural Gas projects, worth $100b, is at risk.

Well publicised cost overruns, at the US$52 billion Gorgon LNG venture for example, have scared the industry.
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by David Buckland Posted in Energy / Resources, Insightful Insights.

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Charlie Munger was once asked what made him such a great investor. His reply was: “my guesses are better than yours”.
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by Russell Muldoon Posted in Insightful Insights.

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In these highlights from ABC1’s The Business, Roger talks to Ticky Fullerton about serious issues surrounding the prospects for the Australian economy. Does Roger think that a recession is coming to Australia? Find out here. See our Videos Page for more of Roger and the Montgomery team sharing their insights in the media.

by Roger Montgomery Posted in Insightful Insights, Market Valuation.

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If a picture is worth a thousand words, we thought that after a recent meeting with Credit Corp Group Limited’s (CCP) management, a timetable would be helpful in showing how we currently anticipate the next few years playing out for the company. continue…

by Russell Muldoon Posted in Companies, Insightful Insights.

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Part two of a two part series on the demise of Australia

Last week, we began our ‘Australia on the Precipice’ series and argued that our nation’s future looked bleaker than many were currently anticipating. Since then the stock market has slumped as has the Australian dollar and the RBA capitulated to growing economic headwinds and lowered Australia’s benchmark rate to 2.75%—an all-time low. Keep in mind all of this can turn around in an instant, rendering us completely wrong!
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by Roger Montgomery Posted in Economics, Insightful Insights.

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