Search Results for: property
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Who will win when Facebook takes on TradeMe?
Stuart Jackson
October 12, 2016
One of the stocks we hold in the domestic portfolios is TradeMe (TME:ASX). The company is an online marketplace for goods – effectively the eBay of New Zealand – and enjoys a dominant market position. But that could soon change. It is about to go head-to-head with Facebook, which has announced the launch of its own marketplace function. We will be watching TradeMe’s tussle with Facebook very closely. Continue…
by Stuart Jackson Posted in Companies.
TaggedFacebook, TradeMe (TME)- 1 Comments
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POSTED IN Companies.TaggedFacebook, TradeMe (TME)
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It’s time to consider short-selling as a mainstream investment strategy
Roger Montgomery
October 4, 2016
In an environment where low returns are the corollary of high asset prices – and the best-case scenario for most investors – any strategy that can add alpha from short-selling needs to move from the ‘alternative’ space into the mainstream. Yes, it’s time to consider short-selling as part of your investment strategy.
Continue…by Roger Montgomery Posted in Market commentary.
Taggedalternatives, short-selling- 2 Comments
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POSTED IN Market commentary.Taggedalternatives, short-selling
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Investors: watch out if long bond rates kick up
Roger Montgomery
September 28, 2016
Arguably the greatest risk to investors today is an under appreciation of how significant a change in bond interest rates will be. And these rates can change even if central banks don’t raise their own short-term offerings. So discussions about what the US Federal Reserve bank does with the fed funds rate, or the Reserve Bank of Australia through its own open market operations, aren’t particularly helpful. Continue…
by Roger Montgomery Posted in Global markets.
Taggedbonds, GFC- 5 Comments
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POSTED IN Global markets.Taggedbonds, GFC
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Reasons to invest in a market neutral fund
Roger Montgomery
September 21, 2016
Buy low. Sell high. That’s all there is to it, right? Well, not quite. You see there are alternative strategies that not enough investors are taking advantage of. You could sell first and buy later at a lower price. As long as the selling is at a higher price than the buying, it doesn’t matter which comes first, you’ll still make a profit. Continue…
by Roger Montgomery Posted in Market commentary.
Taggedalternatives, interest rates, market neutral- 3 Comments
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POSTED IN Market commentary.Taggedalternatives, interest rates, market neutral
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ASX outage, China and the property market
Roger Montgomery
September 20, 2016
In this interview with Ross Greenwood, Roger discusses Monday’s ASX outage and future share prices of the banks.
by Roger Montgomery Posted in Radio.
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Apartments to collapse in six weeks. Really?
Roger Montgomery
September 13, 2016
We don’t believe anyone can be so precise about the market prices for any asset class. Continue…
by Roger Montgomery Posted in Property.
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Market Correction? What to do next.
Roger Montgomery
September 12, 2016
We all know that major corrections in the stock market occur more frequently than academic models suggest and more frequently than we would like. The question of course is not ‘if’ the market will correct but ‘when’? Continue…
by Roger Montgomery Posted in Editor's Pick, Market commentary.
Taggedalternatives, market neutral- 13 Comments
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POSTED IN Editor's Pick, Market commentary.Taggedalternatives, market neutral
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Don’t ask the barber if you need a haircut
Roger Montgomery
September 5, 2016
Some analysts say you shouldn’t ask your broker whether or not to buy stocks, as they have a conflict of interest – they will always tell you to buy. So, who should you ask? Perhaps J. Kyle Bass, the man who profited handsomely from predicting the subprime mortgage meltdown. Bass is convinced China will need to devalue the renminbi, which would be bad for equities. We think it may pay to read what he says. Continue…
by Roger Montgomery Posted in Editor's Pick, Market commentary.
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After a big price drop, is IPH now a buy?
Ben MacNevin
September 2, 2016
IPH (ASX: IPH) was one of 2014’s hottest floats. It listed at $2.10 and peaked at $9.34 in February 2016. But with its share price now below $5.50, does IPH present an investment opportunity? Continue…
by Ben MacNevin Posted in Companies.
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Through my telescope, I see a property bubble forming
Roger Montgomery
September 1, 2016
Another week, another set of entertaining quotes from the auction rooms as a fresh wave of investors bids over the reserve for a piece of Sydney real estate. Oh, yes, you gotta love asset bubbles. They produce quotes that, when told on the other side of the crash, seem so ridiculous they’re unbelievable. Continue…
by Roger Montgomery Posted in Editor's Pick, Property.
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Why we prefer to hold, and not TradeMe
Stuart Jackson
August 31, 2016
TradeMe is New Zealand’s leading online marketplace. It’s like eBay, REA, CAR and SEK all rolled into one. Having upgraded its trading platform, the company is set to return to strong earnings growth from FY17. TradeMe fits a number of our preferred investment characteristics, and we continue to hold it in our funds. Continue…
by Stuart Jackson Posted in Companies.
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Are the retailers cashing in or out?
Roger Montgomery
August 18, 2016
From the corner bakery and coffee shop to big box retailers, there are almost 140,000 retail businesses in Australia. Collectively, they account for more than 4 per cent of GDP and just over 10 per cent of employment.
by Roger Montgomery Posted in Consumer discretionary.
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JB Hi-Fi and the property boom
Roger Montgomery
August 16, 2016
In this interview with Ross Greenwood, Roger discusses JB Hi-Fi’s share price and property prices.
by Roger Montgomery Posted in Radio.
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Don’t bet on rates staying lower for longer
Roger Montgomery
August 10, 2016
Australians are getting used to super-low interest rates, and eye-watering loan amounts, particularly for property purchases. Along the way, the household debt burden as a percentage of disposable income has ballooned out from 170% to 185% since 2008. This is nosebleed territory. Is it time to be concerned? We think so. Continue…
by Roger Montgomery Posted in Economics, Editor's Pick, Property.
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How to assess Henderson post-Brexit
Scott Shuttleworth
August 9, 2016
Before Brexit, Henderson Group PLC (ASX: HGG) was a core holding for many Australian investors seeking international exposure. Since then, its share price has plunged about 20 per cent. HGG has just reported its 1H16 result, and we still like the business, but there are some provisos. Continue…
by Scott Shuttleworth Posted in Financial Services, Stocks We Like.
TaggedBrexit, Henderson Group (HGG)- 2 Comments
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POSTED IN Financial Services, Stocks We Like.TaggedBrexit, Henderson Group (HGG)
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Investors beware and don’t get used to these low interest rates
Roger Montgomery
August 6, 2016
In this column published in The Australian, Roger comments that investors in shares, property and other high priced assets can, at best, expect only low returns. At worst, violent volatility will accompany those low returns. Low interest rates aren’t normal and they aren’t permanent so don’t get used to them. Read here.
by Roger Montgomery Posted in In the Press.
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Stand by for a big correction in apartment prices
Roger Montgomery
August 4, 2016
Are you worried about housing affordability? Anxious that your kids can’t even get onto the property ladder, never mind climb it? Well, an oversupply of apartments, plus an increasing number of failed settlements, means all that is about to change. Cheaper apartments are on the way. Continue…
by Roger Montgomery Posted in Editor's Pick, Property.
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Under pressure
Stuart Jackson
August 3, 2016
After the RBA’s latest cut to official rates, many investors will be tempted to take some of their money out of cash in pursuit of the high dividend yields offered by our banks. But are these yields sustainable as the banks feel the squeeze from margin pressure and increased liquidity requirements? Continue…
by Stuart Jackson Posted in Economics, Financial Services.
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Look who else is worried about house prices
David Buckland
July 19, 2016
The RBA is not alone in voicing concerns about soaring house prices. Across the ditch, the Reserve Bank of New Zealand (RBNZ) has warned that a severe fall in house prices could cause major and long-lasting damage to households and the broader economy. Continue…
by David Buckland Posted in Property.
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We better get used to ‘lower for longer’
Roger Montgomery
July 14, 2016
Around the world five-year government bonds are paying paltry returns to their investors. Indeed, in some countries, rates are negative. Continue…
by Roger Montgomery Posted in Global markets.
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