Winners from the 2021 Diggers and Dealers Mining Forum
Since 1992, the unofficial gold mining capital of Australia – Kalgoorlie – has hosted an annual get together for the movers and shakers in the sector that moves the Australian economy – mining. The conference – the Diggers and Dealers Mining Forum – attracts a host of successful and promising “diggers” along with the “dealers”…
In Search of the Next Afterpay
Back in 2015 a new fintech (financial technology) startup launched a payment platform that would disrupt existing forms of consumer payments. The company was Afterpay and the platform allowing consumers to “buy now and pay later” led to the now ubiquitous acronym BNPL. Following its success in the Australian market the company launched in the…
WAAAX Stocks –Buy, Hold, or Stay Away
About four years ago someone in the investment community decided what Australian investors really needed was our own acronym consisting of heavy-hitting tech stocks, and so WAAAX came onto the scene. The earlier US counterpart – the FANG stocks – consisted of Facebook, Apple, Netflix, and Alphabet (Google). Our own WAAAX acronym includes Wisetech Global,…
The Competitive Landscape in the BNPL Sector
A 14 May article appearing on businessinsider.com.au seems visionary in light of this week’s relevant news on the BNPL Sector. The title was: “Buy now, pay later platforms face a day of reckoning, says Humm CEO Rebecca James” The article quotes the Humm CEO as saying “We are going to start to see – especially…
Electric vehicles are the next revolution in automobiles
But problems need to be overcome to hasten the switch and cement the climate benefits. For Formula E motorsport, the 2020-21 racing season was transformational. Seven years after electric single-seaters first raced, Formula E gained the elevated ‘championship’ status enjoyed by Formula 1, World Endurance, World Rally and World Rallycross. Then came the embarrassment, the…
ESG investing – Fad or future?
From time to time, investors become irrationally enthusiastic. The important thing to note about these manic moments is that the investment theme underpinning them makes perfect sense. The narratives are rational; it is the market excess surrounding them that is not. In the early 1970s investors became transfixed by a group of seemingly bullet-proof stocks,…
Gold investors ignoring the Fed
Gold was just hammered lower after the latest FOMC decision. Heavy gold-futures selling erupted after a third of top Fed officials implied they saw a couple potential rate hikes way out into year-end 2023. While leveraged gold-futures speculators panicked, gold investors ignored these faint tidings of slight tightening way off in the distant future. Their…
ETFs solving net tangible asset discount
There are several managed investment structures accessible via the Australian Securities Exchange (ASX) and Chi-X trading platforms, including Listed Investment Companies (LICs), Listed Investment Trusts (LITs), mFunds, exchange traded managed funds (ETMFs) and exchange traded funds (ETFs). These structures offer various features and benefits that have evolved in response to different market conditions Traditionally LICs…
Diversified Mining Service Providers for the Risk Averse
On 2 June, the Minerals Council of Australia released its Commodity Demand Outlook 2030 report, stating that Australia is in a strong position for future success by meeting growing global demand for commodities to power growth, energy generation and decarbonisation. The report predicts moderate to steady growth in the demand for iron ore, metallurgical and…
The Lure of the IPO
Investing in shares of publicly traded companies has seen an influx of new retail investors over the last few years, with trading levels accelerating during the pandemic and stock trading apps springing up. Many of these investors are new and lacking in knowledge of markets. Of the many oddities encountered in their search to learn,…
