Stocks We Like

For a company with such high quality, REA Group (ASX:REA) has experienced an amazing share price range in the last twelve months. On 5 November 2021 REA hit a market capitalisation of $23.9bn when somebody paid $180.67 per share. Just seven months later, the share price hit $93.77 giving the company a market value of $12.4bn.  And 43 trading days later, with the share price up 45.8 per cent at $136.70, the market value of REA Group was $18.1bn. continue…

by Roger Montgomery Posted in Companies, Stocks We Like.

• save this article
• POSTED IN Companies, Stocks We Like

IPH Limited (ASX:IPH) is the leading intellectual property services group in the Asia Pacific region and its shares had fallen as much as 15 per cent from their 2020 highs, for no apparent reason, at which point Gary and Dominic from the Montgomery Small Companies Fund added it to the portfolio on the back of its defensive growth characteristics, strong balance sheet and monumental cash generation. The shares have subsequently rallied from $7.16 to $8.80 prior to today’s results announcement. continue…

by Roger Montgomery Posted in Companies, Stocks We Like.

• save this article
• POSTED IN Companies, Stocks We Like

Gary Rollo joined Chris Judd’s Talk Ya Book to discuss one of his favourite value picks at the moment, telecom software business Symbio Holdings (ASX:SYM). Symbio is profitable, growing, generates cash flows and is also on 9 times EBITDA which for an industrial stock is cheaper than the market.

continue…

by Gary Rollo Posted in Companies, Editor's Pick, Stocks We Like.

• 4 Comments
• save this article
• POSTED IN Companies, Editor's Pick, Stocks We Like

Megaport (ASX:MP1) was the ASX’s star performer yesterday jumping 23 per cent on the close following a trading update that clearly surprised many in the market. I joined Roger to discuss why it is a holding in the Montgomery Small Companies Fund and identify the two big messages in the release yesterday. continue…

by Gary Rollo Posted in Editor's Pick, Stocks We Like, Video Insights.

• watch video
• 2 Comments
• save this article
• POSTED IN Editor's Pick, Stocks We Like, Video Insights

If you’re looking for a solid investment with stable and predictable cashflows, you could do worse than explore listed infrastructure assets.  This conclusion was hammered home to me yet again by the news that Spark New Zealand (SPK:ASX) is selling 70 per cent of its passive tower infrastructure company for a pretty tidy sum. The deal follows other recent asset sales, and shows the continued appetite by investors for these assets. continue…

by Andreas Lundberg Posted in Companies, Stocks We Like.

• save this article
• POSTED IN Companies, Stocks We Like

Like in most market downturns, small cap growth stocks are being punished hardest by a market that now views growth as a dirty word. This is great news for investors, as it creates opportunities to invest in businesses whose share price decline is due to changing sentiment rather than deteriorating fundamentals. In this climate, one company we think deserves investor attention is Symbio Holdings (ASX:SYM). continue…

by Gary Rollo Posted in Companies, Editor's Pick, Stocks We Like.

• 19 Comments
• save this article
• POSTED IN Companies, Editor's Pick, Stocks We Like

With the 20.6 per cent decline in the US S&P 500 over the six months to June 2022, the largest June-half year decline since 1970, it is interesting to note this was a period of solid earnings growth being hit by enormous P/E compression. This counterbalance of rising earnings combined with a P/E de-rating often occurs at index peaks, where markets anticipate slowdowns ­­– often by around six months. continue…

by David Buckland Posted in Companies, Stocks We Like.

• save this article
• POSTED IN Companies, Stocks We Like

The share price of medical device company, ResMed (ASX:RMD), has struggled this calendar year due to supply chain issues and tumbling equity markets. While it can’t do anything about the markets, at the recent Macquarie conference its CFO, Brett Sandercock, explained how the company is making its supply chain more robust in order to capture longer-term market share. continue…

by Joseph Kim Posted in Companies, Stocks We Like.

• save this article
• POSTED IN Companies, Stocks We Like

The share price of Goodman Group (ASX: GMG) has plunged around 27 per cent since the start of the year as some investors began to price in headwinds for the commercial and industrial property business. Nick Vrondas, Group CFO, addressed these issues at the recent Macquarie Group investment conference, and explained why he is confident that growth remains on track. continue…

by Joseph Kim Posted in Companies, Property, Stocks We Like.

• save this article
• POSTED IN Companies, Property, Stocks We Like

We have been asked by clients whether the $234m acquisition by Aeris Resources (ASX:AIS) for Washington H Soul Pattinson’s (ASX:SOL) Round Oak Minerals is a good deal? continue…

by David Buckland Posted in Editor's Pick, Energy / Resources, Stocks We Like.

• 2 Comments
• save this article
• POSTED IN Editor's Pick, Energy / Resources, Stocks We Like