Five ASX stocks to watch
Yen Kuan Gan writes an article about 5 well performing ASX stocks. She mentions Roger Montgomery and his view on Challenger and iSentia. Read here.
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.
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.
Clement
:
Dear Rogers,
I am a novice on assessing a company. I understand that you talk very highly of this company called challenger. I own this company. But I just want to ask you a question. Do you think the model of how the company make money is a bit similar to a ponzi scheme? Ie, getting the future retirees paying the current retirees? Have I got the business model wrong? Thank for your time.
Roger Montgomery
:
Yes, you have got the business model wrong.