In this interview with Ross Greenwood, David Buckland talks about the Trump inauguration and the impact on the American economy; what is the impact for the Australian market.

by David Buckland Posted in Radio.

• LISTEN
• save this article
• POSTED IN Radio.

Since hitting a high of around $15 in mid-2016, McMillan Shakespeare (ASX: MMS) has fallen to around $11. At this price, and with a demonstrated ability to consistently earn high returns on equity, it seemed like a good candidate for inclusion in our portfolios. So we conducted some due diligence. The outcome is a must-read for all would-be investors. Continue…

by Scott Shuttleworth Posted in Companies, Editor's Pick.

• 12 Comments
• save this article
• 12
• POSTED IN Companies, Editor's Pick.

Carsales (ASX: CAR) has an indirect investment in carconnect, a site that’s trying to disrupt the way new cars are sold in Australia. Many people dislike haggling with dealers, so carconnect has flipped the model to make dealers tender for your business online. Sounds great for buyers right? But what’s the potential upside for Carsales? Continue…

by Ben MacNevin Posted in Companies.

• save this article
• POSTED IN Companies.

by Roger Montgomery's Team Posted in Old Content.

• Enter your password to view comments.
• save this article
• Enter your password to view comments.
• POSTED IN Old Content.

Since early November 2016, owners of Australian bank shares have been heartened to see stock prices rise sharply.  But this could be as good as it gets – at least for a while – and it may be time for shareholders to take some profits and seek out opportunities in over-sold small and midcap companies. Continue…

by Roger Montgomery Posted in Companies, Editor's Pick, Financial Services.

• 4 Comments
• save this article
• 4
• POSTED IN Companies, Editor's Pick, Financial Services.

As part of netwealth’s portfolio construction webinar series, I gave an hour long presentation to an audience last year on the “value investing” approach and what our investing framework looks like. To watch the webinar please click on following link, a copy of the slides used in the presentation are also freely available.

by Roger Montgomery Posted in Montgomery News and Updates.

• save this article
• POSTED IN Montgomery News and Updates.

by Roger Montgomery's Team Posted in Old Content.

• Enter your password to view comments.
• save this article
• Enter your password to view comments.
• POSTED IN Old Content.

The outlook for Australia’s banks in 2017 is now tougher given the rerating of the stocks the last quarter of 2016. The expectations built into share prices have clearly lifted in 2017.  The big change we expect is a slowing of loan book growth. If interest rates have bottomed, affordability of debt will suffer. Market expectations imply a continuation of the growth rates we’ve seen over the past decade or two, but if the cost of debt stops falling this could act as a drag on loan book growth and the broader economy. Funding costs continue to rise, pressuring net interest margins. Slowing loan book growth is also likely to increase competitive pressure as banks look to gain market share as an offset.

Continue…

by Stuart Jackson Posted in Editor's Pick, Financial Services.

• save this article
• POSTED IN Editor's Pick, Financial Services.