In a nutshell, value investing is buying ‘quality’ companies at prices well below intrinsic value. Quality defined using four characteristics: Quality business that sells quality products, usually market leaders. Low debt – Tend to handle downturns better. Sound management Recurring earnings – Start-ups are not preferred. Warren Buffett’s famous saying “Finding an outstanding company at…
Aussie Broadband co-founder and MD, Phil Britt, gave us a few minutes of his time to talk about his highly successful Internet Service Provider that has been kicking goals and winning customers from the big Telcos at an exponential rate. The company has been dubbed the “best internet service provider” and has won multiple awards,…
Shares in Orocobre (ORE) and Galaxy Resources (ASX: GXY) were up 6.0% and 6.1% respectively following a friendly $4 billion merger deal at a time when lithium has become among the most-hyped sectors in the market. The deal will create “a new force in the global lithium sector,” according to the announcements made to the…
A close friend of mine purchased an electric scooter. Amazing little thing it is. Hardly makes a sound yet it can whizz you up to speeds of around 20-30km/hr for up to 65km before needing to recharge. I wanted one. Funny thing, I began noticing e-scooters all over the place. UberEats and Deliveroo zipping around…
China is at it again, this time announcing grand plans to become the world’s first country to launch its own digital currency. But the thing is, China is not the first. To date, Ecuador, Senegal, Singapore and Tunisia have already issued their own cryptocurrencies. Estonia, Japan, Palestine, Russia and Sweden are next on the launchpad,…
This year continues to deliver bumper IPOs one after the other, as companies tap both the local and US markets to raise capital at an opportune time. In total, the Australian Securities Exchange (ASX) recorded 113 new listings last year, totalling roughly $5.2 billion. On a global scale, markets raised almost $300 billion through floats…
Wesfarmers (ASX: WES) – Dubbed one of the big sectoral “COVID winners,” consumer staples stocks had an easy path through the pandemic and its forced lockdowns. While businesses across the country were forced to shut up shop, grocery chains, supermarkets and a few essential retailers were given the all-clear to remain open, but with conditions….
From a sudden coronavirus collapse, the Aussie housing market is back. Headline figures are showing a surprising recovery that puts the housing market back in “bubble” territory. According to property research firm CoreLogic, Australian home values posted their fastest monthly growth in 32 years, increasing 2.8 per cent in March, reigniting bubble concerns. The coronavirus-recovery…
Cleanaway Waste Management (ASX: CWY) has made a formal bid for French Suez Groupe’s (EPA: SEV) Australian recycling assets. The bid for these assets is worth $2.5 billion and was initially cheered by the market, with Cleanaway shares closing up 11% on the day of the announcement. However, there are a few hurdles the company…
MadPaws (ASX: MPA) – Last week the pet-sitting company successfully listed on the ASX, following a $12 million raising, and it surged onto the screens, recording a spectacular rise of 54%, and a market capitalisation of $42.9 million. The MadPaws platform connects you with your nearest pet-sitter. It’s a brilliant idea that is simple and…
