Stocks We Like – McMillan Shakespeare
With reporting season underway, this is the time we get to revisit the assumptions behind many of our current portfolio holdings. Through large amounts of data crunching, we are also able to compare and contrast management teams and businesses we hold against others that we do not and potentially identify opportunities.
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.
INVEST WITH MONTGOMERY
Jean-Pierre
:
Hi Rogery,
Is MMS still a stock you like? The annual report looked good but the outlook not so bright with their largest client evaluating tender proposals to provide novated leasing services.
Roger Montgomery
:
Sold quite some time ago.
Warren
:
Perceptive, aren’t I Roger?
Warren Meacham
:
Any recent news on MMS, Russell? Given its reporting season again and the presence that MMS was building in the UK, has the “Brexit” had any immediate effects on this company’s bright prospects?
Roger Montgomery
:
Hi Warren,
Sadly Russell is no longer with us. For family reasons he’s had to relocate. We’ll miss him dearly and are in the process of recruiting his replacement.