Feeling good, looking fine: we’ve shrugged off the financial fear factor, and it shows
A protracted financial downturn is a lot like banging your head against a brick wall: it feels fantastic when it’s over. Simon Hoyle asked Roger Montgomery how his A1 and A2 companies fared through reporting season. Read article.
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
He is also author of best-selling investment guide-book for the stock market, Value.able – how to value the best stocks and buy them for less than they are worth.
Roger appears regularly on television and radio, and in the press, including ABC radio and TV, The Australian and Ausbiz. View upcoming media appearances.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
Hi Roger,
In the article you were quoted as saying: “So it’s no surprise that Oroton, Woolworths and JB Hi-Fi reported such encouraging numbers.”
ORL hasn’t published their full year report yet? I am looking forward to it being released later this month and expecting “good numbers”. We can’t be 100% sure though.
Cheers,
Luke
Hi Luke,
Yes thats correct. Guidance looks pretty solid. I wouldn’t expect any negative surprises. Should have been quoted as saying “…so its no surprise that ORL are likely to report such encouraging numbers and Woolies and JBH already have.”