Search Results for: thorn group
-
Specialist platform flows surprising to the upside
Dominic Rose
October 22, 2021
The ASX-listed specialist wealth management platforms are showing no signs of slowing momentum, with all three players delivering record net inflows over the September quarter (1Q22), coming in materially ahead of market expectations. Continue…
by Dominic Rose Posted in Companies, Stocks We Like.
- save this article
- POSTED IN Companies, Stocks We Like.
-
Get set for a major public stoush over immigration
Andreas Lundberg
October 21, 2021
It’s probably no surprise that NSW Premier Dominic Perrottet – now expecting his seventh child, and with 11 siblings of his own – should be in favour of a ‘Big New South Wales.’ And urged on by leading bureaucrats, the new state Premier is backing a five-year doubling of the pre-pandemic migration rate, which he says will help boost the economy. But recent surveys show his views are in stark contrast to those of the general population. Continue…
by Andreas Lundberg Posted in Insightful Insights.
- 2 Comments
- save this article
- 2
- POSTED IN Insightful Insights.
-
Polen Capital Global Growth goes long ICON PLC
David Buckland
October 12, 2021
When David Polen established Polen Capital in 1979, I’m sure he could not have dreamed of an organisation that in 2021 is staff owned, with US$73 billion of funds under management, which comprises three strategies being run by three dedicated teams from three locations – Large Company Growth out of Boca Raton Florida, Small Company Growth out of Boston and Emerging Markets Growth out of London. Continue…
by David Buckland Posted in Companies, Polen Capital, Stocks We Like.
- save this article
- POSTED IN Companies, Polen Capital, Stocks We Like.
-
Just how small is a global small or mid-cap stock?
Dean Curnow
October 11, 2021
In the lead up to the launch of Polen Capital’s second strategy being offered to Australian and New Zealand investors, the Polen Capital Global Small and Mid Cap Fund, I wanted to explore what is a global small and mid cap stock (herein SMID) and how this compares to some of the larger companies listed locally here in Australia. Continue…
by Dean Curnow Posted in Polen Capital.
- save this article
- POSTED IN Polen Capital.
-
Why our small caps team recently bought Accent Group
Roger Montgomery
October 5, 2021
The addition of Accent Group to our Montgomery Small Companies Fund portfolio reflects the opportunity apparent from a domestic reopening right before Christmas. Our confidence surrounding a recovery has grown somewhat as we witness an impressive acceleration in both first dose and second dose vaccinations, particularly in the most populous states of New South Wales and Victoria. Continue…
by Roger Montgomery Posted in Companies, Stocks We Like.
- save this article
- POSTED IN Companies, Stocks We Like.
-
An update of markets and commodities to 30 September
David Buckland
October 1, 2021
Given the sell-off in bond yields so far this year, rising inflationary expectations, and the collapse of the Evergrande Group in China, it is unsurprising many global share market indices took a breather and recorded a lacklustre September 2021 quarter in terms of performance. Of the major markets, the Hong Kong Hang Seng Index was down 14.4 per cent whilst the Indian Sensex Index was up by 12.0 per cent. Continue…
by David Buckland Posted in Market commentary.
- save this article
- POSTED IN Market commentary.
-
How Macquarie’s Ric Deverell sees key macro trends playing out
Roger Montgomery
September 27, 2021
Ric Deverell is the highly respected Chief Economist and Global Head of Macro Strategy at Macquarie Group. So when he talks, it pays to listen. Last week, he presented his observations on macro issues like global economics and inflation, the pandemic, the Australian economy, China and the bond market. Here are the key take-outs from his presentation. Continue…
by Roger Montgomery Posted in Editor's Pick, Global markets, Market commentary.
- save this article
- POSTED IN Editor's Pick, Global markets, Market commentary.
-
Four reasons why rates will stay lower for longer
Roger Montgomery
September 22, 2021
A September research note by Macquarie Bank supports what we’ve been thinking for a while: that interest rates are set to stay low well into the future. And if we are correct, it means this market – toppy as it seems – has further to run. Continue…
by Roger Montgomery Posted in Market commentary.
- save this article
- POSTED IN Market commentary.
-
How Evergrande the parent hurt Evergrande New Energy
Joseph Kim
September 20, 2021
One thing that has recently caught my eye has been the unravelling of China Evergrande Group – a conglomerate with over 100,000 employees spanning primarily real estate development but also new energy, property services and health amongst other industries. Continue…
by Joseph Kim Posted in Companies.
- save this article
- POSTED IN Companies.
-
Weekend watchlist – Macquarie Telecom ASX:MAQ
Roger Montgomery
September 14, 2021
Roger joined Philip Muscatello on Shares for Beginners Weekend Watchlist to discuss Macquarie Telecom (ASX:MAQ) which is part of a global megatrend – data centres and the cloud. Global research and advisory firm Gartner estimates in 2022 there will be an estimated $1.3 trillion in IT spend that will be affected by the shift to the cloud and this figure is expected to grow in the low double digits for years to come. Continue…
by Roger Montgomery Posted in Companies, Editor's Pick, Podcast Channel, Stocks We Like.
- 3 Comments
- save this article
- 3
- POSTED IN Companies, Editor's Pick, Podcast Channel, Stocks We Like.
-
What we learned from reporting season
Joseph Kim
September 8, 2021
Another reporting season has come and gone. In all, 345 ASX listed businesses reported their FY21 results, which kept market analysts busy assessing the ‘beats’ and ‘misses’, earnings revisions, macro trends and warning signals. Here are the chief take-outs from the analysts at investment banks Macquarie and JP Morgan.
Continue…by Joseph Kim Posted in Companies, Stocks We Like.
- save this article
- POSTED IN Companies, Stocks We Like.
-
A small cap embedded in a multi-year growth opportunity
Roger Montgomery
September 7, 2021
Macquarie Telecom (ASX:MAQ) is a data centre owner/operator with facilities in Sydney’s CBD, Macquarie Park in Sydney’s north, and Canberra. MAQ’s cloud services generated 46 per cent of the company’s revenues in FY21, while telecom services, in which it competes with Telstra, Optus, TPG and Vocus, and includes data, voice, mobile and colocation generated 47 per cent of revenues. The remaining revenue (6- 7 per cent) comes from data centre services for wholesale customers.
by Roger Montgomery Posted in Companies, Stocks We Like.
- 2 Comments
- save this article
- 2
- POSTED IN Companies, Stocks We Like.
-
Lockdowns help steer auto businesses to a bumper year
Roger Montgomery
September 6, 2021
FY21 was a great year for companies in the automotive industry. With overseas travel ruled out, we took to the roads. And recent results announcements from Motorcycle Holdings and Apollo Tourism & Leisure indicate that the good times could continue into 2022, even though Peter Warren Automotive is less optimistic. Continue…
by Roger Montgomery Posted in Companies.
- save this article
- POSTED IN Companies.
-
Science that benefits people
David Buckland
September 3, 2021
Strong investor sentiment and positive macroeconomic conditions saw the volume of initial public offerings (IPOs) rise to 61 in the first half of 2021. One of those listings was small-cap Trajan Group, who raised $90 million in June at $1.70 per share. Continue…
by David Buckland Posted in Companies, Editor's Pick.
- save this article
- POSTED IN Companies, Editor's Pick.
-
Lovisa and Universal Store keep delivering for our funds
Roger Montgomery
August 26, 2021
Australian jewellery chain, Lovisa, and fashion retailer, Universal Store, have just reported their FY21 results. Both businesses lived up to our expectations, particularly given the rollercoaster year just gone. It was further endorsement of our decision to include these businesses in our funds. Continue…
by Roger Montgomery Posted in Companies, Consumer discretionary, Stocks We Like.
- save this article
- POSTED IN Companies, Consumer discretionary, Stocks We Like.
-
Why I think Scentre Group shares are still good value
Andreas Lundberg
August 26, 2021
In March 2020, during the COVID-19 sell-off, the share price of shopping mall company, Scentre Group (ASX:SCG), hit a low of $1.51. It’s been a bumpy ride since then, with more lockdowns, but the share price has recovered nicely. And the company’s FY21 results paint a picture of a business in reasonable shape and still trading at a steep discount to the value of its net tangible assets. Continue…
by Andreas Lundberg Posted in Companies, Stocks We Like.
- save this article
- POSTED IN Companies, Stocks We Like.
-
Six companies that have caught my eye in reporting season
Roger Montgomery
August 23, 2021
The COVID-19 pandemic, and associated lockdowns, have impacted some businesses very positively, but been less kind on others. These impacts are coming to light in the current FY21 reporting season. Here, I’d like to highlight the results of six companies I’ve been following for a while. Continue…
by Roger Montgomery Posted in Companies, Editor's Pick.
- 1 Comments
- save this article
- 1
- POSTED IN Companies, Editor's Pick.
-
Plenty to like in Spark NZ’s FY21 result
Andreas Lundberg
August 20, 2021
Funds in the Montgomery stable are long-time holders of Spark, New Zealand’s leading telco. Spark is a steady performer, and a consistent dividend payer. And its recently reported full year results paint a picture of a telco in good financial health with potential for value creation by capital recycling. Continue…
by Andreas Lundberg Posted in Companies, Stocks We Like.
- save this article
- POSTED IN Companies, Stocks We Like.
-
Are the halcyon days over for discretionary retailers?
Roger Montgomery
August 19, 2021
Last year’s JobKeeper payments provided a handy tailwind for many of our discretionary retailers, particularly those with a strong online presence. But was this as good as it gets? It looks like it, if the recent sell-off in some of our better known retail names is anything to go by. Continue…
by Roger Montgomery Posted in Consumer discretionary.
- save this article
- POSTED IN Consumer discretionary.
-
Why REA could be a better way to invest in property
Roger Montgomery
August 16, 2021
According to a recent rent report by Domain, gross rental yields have dived to around 4 per cent on the back of soaring property prices. This makes direct investment in property less appealing than it once was. But there are other ways to profit from Australia’s obsession with property. And one of those is via online real estate advertising company, REA Group (ASX:REA). Continue…
by Roger Montgomery Posted in Companies, Editor's Pick, Property, Stocks We Like.
- 2 Comments
- save this article
- 2
- POSTED IN Companies, Editor's Pick, Property, Stocks We Like.