Search Results for: thorn group
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Super Cheap defies the retail gloom
Roger Montgomery
July 30, 2019
Not all brick and mortar retailers are doing it tough. Take Super Retail Group (ASX:SUL), for example. The owner of Supercheap Auto, Rebel, Macpac and BCF is showing how to maintain margins, and fend off the digital disruptors. Continue…
by Roger Montgomery Posted in Companies, Consumer discretionary, Stocks We Like.
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How record low interest rates have changed investing
David Buckland
July 19, 2019
For 20 years before the GFC, the RBA cash rate averaged 6 per cent; now it’s 1 per cent. This ‘new normal’ is great for borrowers, but a disaster for savers. And it’s driving investors to take increasingly greater risks. Continue…
by David Buckland Posted in Market commentary.
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Cash in on ridiculous prices
Roger Montgomery
July 18, 2019
In this article for Money Magazine Roger discusses how the search for the highest returns in Australian equities has been concentrated in a small group of companies now known as WAAAX stocks. These companies are expected to earn just $162 million in the 2019 financial year from $1.9 billion in revenue but Afterpay and Xero don’t make any money at all. Here’s my thoughts on them. Read here.
by Roger Montgomery Posted in In the Press.
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The two big themes for Aussie investors
Roger Montgomery
July 8, 2019
What do A2 Milk and Nine Entertainment have in common? They represent two key themes that Australian investors should focus on to potentially enhance their long-term returns. Continue…
by Roger Montgomery Posted in Companies, Editor's Pick, Stocks We Like.
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From currency to computers
Roger Montgomery
July 2, 2019
In this article for Money Magazine Roger takes a look at companies that offer investors the chance to profit from strong business growth and a group of companies that are exposed to the booming demand for software and data. Read here.
by Roger Montgomery Posted in In the Press.
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Caltex under the pump
Joseph Kim
July 1, 2019
The 20 June announcement by Caltex clearly caught the market by surprise, let’s look at the evolving landscape in Australian petrol retailing, the competitive dynamics and how this has impacted Caltex’s profit and share price. Continue…
by Joseph Kim Posted in Companies, Consumer discretionary.
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Beware companies issuing multiple downgrades
Roger Montgomery
June 25, 2019
Over the last few months, eight times as many ASX-listed companies have downgraded as upgraded. That’s an alarming figure, and reveals a serious decline in business conditions. The mission for all investors is to try to avoid companies issuing further downgrades. Continue…
by Roger Montgomery Posted in Companies, Editor's Pick.
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Welcome Michael to the team
Scott Phillips
June 19, 2019
I am delighted to announce the senior appointment of Michael Gollagher to the national distribution team, as the Account Manager responsible for the Queensland market. In this newly created role, he will support the growth of the company’s existing adviser and dealer group relationships in Queensland. Continue…
by Scott Phillips Posted in Montgomery News and Updates.
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Is Costa Group’s share price decline cyclical or structural?
Joseph Kim
June 12, 2019
One of the more significant de-rating stories over the past 12 months has been that of fruit and vegetable grower Costa Group (ASX:CGC), which has had to issue two earnings downgrades over this period due to a variety of weaker pricing and agricultural-related issues. Continue…
by Joseph Kim Posted in Companies.
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Eclipx Group Limited comes clean
David Buckland
June 1, 2019
In releasing their half-yearly results for the six months to March 2019, the Eclipx Group (ASX: ECX) management has come clean. After spending a combined $246 million on the Right2Drive and GraysOnline acquisitions in May 2016 and August 2017, respectively, they have now been written down by $118 million. Continue…
by David Buckland Posted in Companies.
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Is margin pressure an ongoing issue for the health insurance industry?
Stuart Jackson
May 29, 2019
The market has viewed the private health insurers as one of the biggest winners from this month’s Federal Election. This is due to the market having factored in the likely impact of Labor’s stated policy of limiting average policy premium increases to 2 per cent on 1 April 2020 and 2021. With this risk having been removed from the outlook, the share prices of Medibank Private (ASX:MPL) and NIB (ASX:NHF) have increased around 14 per cent since the election. Continue…
by Stuart Jackson Posted in Companies, Health Care, Insurance.
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Financial planning in a state of flux
Dean Curnow
May 27, 2019
It’s no secret that the financial planning industry in Australia has come under a great deal of scrutiny which peaked during the Royal Commission and its findings back in February this year. But what has been some of the real-world consequences of the Royal Commission and how are they impacting advisers? Continue…
by Dean Curnow Posted in Financial Services.
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Rejecting the Reject Shop (or Not?)
David Buckland
May 24, 2019
In the three months since releasing its interim report for the six months to December 2018, The Reject Shop (ASX: TRS) has lost three of its seven Directors, including its Managing Director Ross Sudano. Continue…
by David Buckland Posted in Companies, Consumer discretionary.
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The biggest winners from the Federal Election
Stuart Jackson
May 23, 2019
The ASX All Ordinaries index jumped to an 11-year high immediately after the Coalition won the recent Federal Election. It was boosted in particular by share price spikes in the big banks and health insurers. Whether these gains are sustainable remains to be seen. Continue…
by Stuart Jackson Posted in Companies, Market commentary.
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Beware: Watch for falling WAAAX!
Roger Montgomery
May 21, 2019
Do Australia’s rocketing tech stocks – particularly the so-called WAAAX stocks Wisetech, Afterpay, Altium, Appen and Xero – deserve their lofty premiums? The market certainly thinks so. But I’m not so sure. Continue…
by Roger Montgomery Posted in Companies, Editor's Pick.
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Three key themes from the banks’ results
Stuart Jackson
May 17, 2019
Australia’s four major banks have now reported their interim results. Common to all of them were three key themes, which are presenting both challenges and opportunities. Continue…
by Stuart Jackson Posted in Companies, Financial Services.
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Why Smart Group keeps outperforming Eclipx
David Buckland
May 15, 2019
The contrasting fortunes of fleet management businesses, Smart Group and Eclipx, highlight yet again the importance of making good corporate acquisitions. Continue…
by David Buckland Posted in Companies.
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How a slowing listings environment impacts Domain and REA Group
Joseph Kim
May 13, 2019
The topic of the property market is a favourite obsession for many Australians given the significant percentage of household wealth the asset class represents for most Australians. There is plenty of media and other commentary discussing property market conditions on any given day – including from other contributors to the blog – so I won’t delve into where I think prices will go in the future. However, a slowing property market does have implications for listing volumes. Continue…
by Joseph Kim Posted in Companies, Editor's Pick, Property.
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It’s Official: Residential Construction is Crashing before our Eyes
Roger Montgomery
May 9, 2019
We’ve known for some time that the sharp decline in building approvals would lead to an equally sharp decline in construction activity. It has been our view that because building approvals have already fallen from 280,000 dwellings to 170,000 dwellings, a consequent decline in building activity would start to be seen about now. Continue…
by Roger Montgomery Posted in Editor's Pick, Property.
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Money News 01.05.2019
Roger Montgomery
May 1, 2019
In this interview on Money News, Roger discusses the companies which have recently released trading updates due to the housing downturn. Beacon Lighting has downgraded, Super Retail Group revealed strong sales growth however noting an impact on margins, and Domain’s update shows weaker revenue trends.
by Roger Montgomery Posted in Radio.
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