Clime Model Portfolios
The following articles are from our new weekly column in Alan Kohler's Eureka Report. Published every Friday, Clime has introduced two model portfolios: Growth and Income.
Each fortnight, Clime will revisit both portfolios in alternating weeks.
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Five vital pointers for Australian investors - 30/04/13
Summary: A number of key global economic indicators point to a continued money flow into Australia, including higher-yielding assets such as equities. These include the ongoing growth in China and India, and the impact of quantitative easing programs on offshore bond … Continue reading
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Three companies on the growth radar screen - 19/04/13
Summary: Three stocks in three different sectors – building materials, mining services, and IT services – are contenders to fill a vacancy in the growth portfolio. Key take-out: Each of the stocks selected is either “in value” or “close to value” at … Continue reading
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Japan program a winner for yields - 12/04/13
Summary: Japan’s $1.4 trillion quantitative easing program is having a dramatic effect on bond, equity and foreign exchange markets. For Australian investors, the program should flow through to yield securities including bonds, property and equities. Key take-out: Winners from a … Continue reading
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Diversity pays off for growth portfolio - 05/04/13
Summary: The growth portfolio exceeded the 10% target return in the first nine months of the financial year, reflecting the diversity of the portfolio, good solid stock selection, and a strategy of minimal trading and the reinvestment of dividends. Key take-out: Patience … Continue reading
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NAB notes that need redemption - 26/03/13
Summary: NAB’s National Income Securities floating-rate notes were issued in 1999 to raise Tier 1 capital, but will progressively lose their capital weighting under new rules. Although the triggering of default events that could affect all NAB shareholders is unlikely, there … Continue reading
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Ardent ride runs a touch hot - 22/03/13
Summary: Ardent Leisure Group operates theme parks, health clubs, bowling alleys and family entertainment centres, and has delivered a total shareholder return exceeding 40% over the past 12 months. However, it appears as though the market is more than fully pricing … Continue reading
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Why the market is wrong on rates - 15/03/13
Summary: With equity markets running strongly, expectations of another rate cut have diminished. But the market’s run reflects the impact of economic stimulus packages and the mass manipulation of bond markets. Market trades are probably wrong in not expecting at least … Continue reading
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Blackmores a hard stock to swallow - 08/03/13
Summary: Nutritional products company Blackmores is a household name, but increased competition and other factors have resulted in flat performances over recent times. A deterioration in the quality of its balance sheet has severely stunted its growth outlook. Key take-out: Lower reported … Continue reading
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Short-term hype needs a long-term eye - 01/03/13
The following article written by John Abernethy appeared in Eureka Report. The original piece was a letter from John to our clients and members of Clime. Summary: Most investors and advisors are not investing with an eye to the future but … Continue reading
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The bottom line on Telstra’s cash flow - 22/02/13
Summary: Telecommunications giant Telstra recently reported a decline in cash flow in the December half. But the company used cash reserves for shareholder dividends, to reduce debt and to fund operations, and has forecast a lift in the second half. Key … Continue reading
