Value.able
-
Performance to 31 March 2013
Roger Montgomery
April 3, 2013
Dear Value Investors,
Please find below our updated returns to the end of March. With many of the companies we have purchased at lower prices now reaching our intrinsic value estimates, and in some cases exceeding them, there is not a lot of activity at Montgomery. Indeed it seems investors would be well served to always be prepared.
continue…by Roger Montgomery Posted in Value.able.
- 17 Comments
- save this article
- POSTED IN Value.able
-
MEDIA
Searching for value investments with Tim Kelley
Roger Montgomery
March 19, 2013
In these highlights from the March 19 edition of Sky Business’ Your Money Your Call programme, Tim Kelley discusses whether there is still value left to be had after the recent market surge, as well as M2 Telecommunications Ltd (MTU), Codan Ltd (CDA), Woolworths Ltd (WOW), Leighton Holdings Ltd (LEI) and Silver Chef Ltd (SIV). Do they achieve the coveted A1 grade? Watch now to find out.
by Roger Montgomery Posted in TV Appearances, Value.able.
- 1 Comments
- save this article
- POSTED IN TV Appearances, Value.able
-
Performance to 28 February 2013
Roger Montgomery
March 8, 2013
MONTGOMERY INVESTMENT MANAGEMENT
PERFORMANCE to 28 FEBRUARY 2013
by Roger Montgomery Posted in Value.able.
- 2 Comments
- save this article
- POSTED IN Value.able
-
Wylie E. Coyote or Road Runner?
Roger Montgomery
March 7, 2013
You will have to forgive the rather startling image we have chosen for this blog post. Its really been selected for dramatic effect only.
You may not realise this but all the way back in August 2010 we were BHP bulls, writing; “If you take on blind faith a A$22b profit, BHP’s shares are worth AUD $45-$50 each.”
But then in February 2011 we became a little more circumspect. You can read about the change here.
continue…by Roger Montgomery Posted in Companies, Energy / Resources, Investing Education, Value.able.
-
Commodities into the Stratosphere!
Roger Montgomery
March 6, 2013
Despite the use of the Chinese and Indian middle class we reckon the usual commodity cycle will prevail. At no time in the last 200 years has such a steep rise in prices not been followed by a slump.
Canada’s central Bank governor Mark Carney disagrees with us and thinks this boom is a super cycle and will last a while yet. BHP’s Marius Kloppers however, in a farewell interview on the ABC, said lower Iron Ore prices would be BHP’s next big challenge and Mr Carney’s own Deputy, John Murray warned just last year not to expect prices to keep rising..
continue…by Roger Montgomery Posted in Value.able.
- 2 Comments
- save this article
- POSTED IN Value.able
-
WHITEPAPER
WHY I'M DOUBLING DOWN ON THE CALL TO INVEST IN PRIVATE CREDIT AND DIGITAL INCOME
Discover how private credit and market-neutral digital income strategies may enhance portfolio diversification in an environment where the traditional 60/40 approach is proving less effective.
READ HERE -
MEDIA
Reporting Season Wrap
Roger Montgomery
February 27, 2013
In these highlights from the 27 February edition of ABC1’s ‘Inside Business’, Roger discusses with Alan Kohler the results of companies including BHP, Origin Energy and Qantas. Watch here.
by Roger Montgomery Posted in Energy / Resources, Insightful Insights, Tourism, TV Appearances, Value.able.
-
MEDIA
To delegate or not? Research is the key
Roger Montgomery
February 22, 2013
In this Australian Financial Review column published 22 February 2013, Christopher Joye recommends The Montgomery Fund for investors seeking a fund manager who actively manages their Australian share portfolio. Read here.
by Roger Montgomery Posted in In the Press, Value.able.
- save this article
- POSTED IN In the Press, Value.able
-
Marius Kloppers’ scorecard
Roger Montgomery
February 22, 2013
Earlier this week I was interviewed on ABC Radio’s PM program about the announcement of Marius Kloppers’ departure from BHP.
Read the transcript below or listen to the interview here.
by Roger Montgomery Posted in Energy / Resources, Value.able.
- 4 Comments
- save this article
- POSTED IN Energy / Resources, Value.able
-
Where To Dig (19/2/2013)
Roger Montgomery
February 19, 2013
by Roger Montgomery Posted in Value.able, Video Insights.
-
Cisco: Mobile data traffic to grow at 66% p.a. over the next five years
David Buckland
February 18, 2013
The Cisco White Paper, released recently, makes some extraordinary predictions over the next five years and and is well worth reading.
To summarise:
1. In 2012, global mobile traffic grew 70 per cent to 885 petabytes per month. By 2017, this will grow 13 times and surpass 11 exabytes per month, a compound annual growth rate of 66%;
by David Buckland Posted in Insightful Insights, Technology & Telecommunications, Value.able.
