Looking into the future - 15/03/12

“… to our mind it is more sensible to focus on that which is more predictable – the likely changes to the economic environment over the next 3 to 5 years. From this we can focus on what is important … Continue reading →

Dividend Detective – Woolworths Limited - 24/02/12

The following article by Adrian Ezquerro featured in The Australian, 22 February 2012. WOOLWORTHS LIMITED ASX Code: WOW Share price: $24.70 Industry: Food & Staples Retailing FY2011 Dividend: $1.19 (fully franked) Forecast 2012 Dividend: $1.25 (fully franked) Woolworths (ASX Code:WOW) … Continue reading →

Quality’s vital in a ‘grinding’ market - 18/02/12

The following article featuring John Abernethy appeared in The Australian, February 18, 2012. CLIME Asset Management founder John Abernethy calls it a “grinding” year ahead in the stockmarket. The founder of a firm with more than $260 million under management, … Continue reading →

Value investing & the consideration of changing business conditions - 02/01/12

The recent collapse in the share price of JB Hi-Fi Limited (ASX:JBH) has stung many investors whilst highlighting the pressure on retailers in Australia. If you have followed our value investing blogs and reports for a while, it’s likely you’re … Continue reading →

Notes for the New Year, with a focus on housing markets - 21/12/11

Looking ahead at prospects for the share market in 2012 provides both reasons for optimism and notes of caution. Quite clearly, the inherent economic weaknesses of most western economies are still with us, and some weaknesses from the growth stories … Continue reading →

Volatility is here to stay - 02/11/10

“It is folly to be unconscious to the observable developments in world markets. It is even more dangerous to ignore the likely rapid changes in fiscal policies around the world. These policies will increase taxes across a whole range of … Continue reading →

How Australian Investors Can Profit Through World Deflation - 12/08/10

Six of the best stocks - 10/08/10

While market price earnings ratios are falling, some companies are seeing a lift in valuation. These are the ones that are generating high returns on equity, and have low debt. Such companies will shine if economic growth slows markedly or … Continue reading →

Will deflation become an issue in Australia? - 29/07/10

Yesterday’s CPI reading for the June Quarter of 0.6% should not surprise anyone. Just this week, we have had pronouncements from Australia’s largest retailers – Woolworths, Coles and Harvey Norman – which focussed on the deflation in food and appliances. … Continue reading →

Share market offers reasonable value - 14/07/10

“The Australian economy looks set to continue with reasonable economic growth. In our view, the Australian equity market continues to offer patches of reasonable value. Further, on any sensible analysis it is hard to justify why some highly indebted European … Continue reading →