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Value.able: Intangible attraction
Roger Montgomery
May 18, 2011
The attachment of ‘value’ to physical assets is not unusual. Roger Montgomery says assets of the intangible variety – the economic goodwill (rather than the accounting variety) – are more valuable. Read Roger’s article at www.eurkeareport.com.au.
by Roger Montgomery Posted in Media Room, On the Internet.
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What new business has caught Roger Montgomery’s Value.able eye?
Roger Montgomery
May 17, 2011
Roger Montgomery and Ross Greenwood talk about the Federal budget and the legalities of the compulsory acquisition of shares in a takeover situation. Roger also shares his thoughts about the tidal wave of new floats. Has a new business caught Roger’s Value.able eye? Listen to podcast.
by Roger Montgomery Posted in Media Room, Radio, Value.able.
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Value.able: The big switch
Roger Montgomery
May 11, 2011
Owning a bank based on an island – that’s pretty attractive. Choosing one bank is no easy decision, but on balance, over the next few years, Roger Montgomery anticipates the ANZ to prove superior, provided costs can be controlled and expectations don’t put the price up beyond intrinsic value. But if you want to buy the best bank in terms of economic performance, it would be CommBank. Unfortunately, it is now expensive. Ranked by the Montgomery Quality Ratings only, the banks are all A-class companies, but which receives Roger’s coveted A1 Montgomery Quality Rating? Read Roger’s article at www.eurekareport.com.au.
by Roger Montgomery Posted in Media Room, On the Internet.
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How valuable is Value.able?
Roger Montgomery
May 10, 2011
In the words of leading finance journalist Alan Kohler, Roger Montgomery is “one of the nation’s smartest and most successful value investors”. Sam Birmingham reviews Roger Montgomery’s stock market guide book, Value.able. Read the review.
by Roger Montgomery Posted in In the Press, Media Room.
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WeBe.com.au interviews Roger Montgomery
Roger Montgomery
May 10, 2011
Back in September 2010, WeBe identified Roger Montgomery as one of their top five financial bloggers. Sam Birmingham interviewed Roger Montgomery on his unconventional Value.able stock market investing philosophy. Read the interview.
by Roger Montgomery Posted in In the Press, Media Room.
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Shares wizard Roger Montgomery
Roger Montgomery
May 6, 2011
In Peter’s daily email for Switzer.com.au he describes Roger Montgomery as Australia’s “Share wizard”. View the Email.
by Roger Montgomery Posted in In the Press, Media Room.
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Roger Montgomery asks: Are Aussie CEOs asleep at the wheel?
Roger Montgomery
May 5, 2011
Overpaying for assets is not a characteristic unique to ‘mum and dad’ investors. CEOs in Australia have a long and proud history of burning shareholders’ funds to fuel their bigger-is-better ambitions. In this interview with Peter Switzer, Roger Montgomery discusses PaperlinX, Fairfax, Foster’s, Zinifex and Oxiana. In Roger’s opinion, the CEOs of these businesses have consistently overpaid for assets, driven down their returns on equity and made the Value.able value of intangible goodwill carried on the balance sheet look absurd. Which Australian business does Roger Montgomery believe has consistently acquired other businesses at the right price? Watch the interview.
by Roger Montgomery Posted in Media Room, TV Appearances.
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It’s quality that counts
Roger Montgomery
May 4, 2011
When markets rise and your Value.able portfolio rises even more, its difficult not to want to enjoy some fruits. But Roger believes value investors must keep constant vigil and if it’s high-quality smaller companies that suit, there are a few with exposure to oil and gas that your advisor should look at. Read Roger’s article.
by Roger Montgomery Posted in Media Room, On the Internet.
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ValueLine: D-I-V-O-R-C-E
Roger Montgomery
May 4, 2011
Smart people are capable of not-so-smart things. Consider the marriage of Foster’s and Southcorp. On Friday 29 April 2011 Friday Foster’s shareholders voted in favour of a divorce; on 4 May 2011 the Supreme Court of Victoria granted a decree absolute. Companies considering merging should pay attention to Foster’s experience. The next time the board of a company you own makes a bid for one you don’t, do yourself a favour and send them a copy of Value.able! Read Roger’s comments at www.eurekareport.com.au.
by Roger Montgomery Posted in Media Room, On the Internet.
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Why is Roger Montgomery excited by a stock market downturn?
Roger Montgomery
May 3, 2011
With the stock market down at the moment, one of Australia’s largest stock brokers put a sell recommendation on commodities. Is Roger Montgomery concerned? No. Roger sees times of gloom as an opportunity to purchase shares in extraordinary A1 companies for less than they’re worth. isn’t concerned at all – he sees this as an opportunity. Presenting opportunity in the long term. Listen to podcast.
by Roger Montgomery Posted in Media Room, Radio.
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