18 Share Tips – 27 July 2015
Jon Fernie, Lincoln Indicators BUY RECOMMENDATIONS OzForex Group (OFX) Chart: Share price over the year versus ASX200 (XJO) Provides foreign exchange and online international payment services to consumer and business clients, with operations in Australia, New Zealand, Europe, North America and Asia. The company reported a solid full year result with growth across all divisions….
Housing (and home loan) affordability … again
By Wealth Foundations The “experts” claim housing is as affordable as it was in the 1980’s … We have discussed housing affordability, either directly or indirectly, in a number of previous articles e.g. “Are Australian house prices too high?” of August 2012. Our view of almost three years ago was that housing prices then were…
18 Share Tips – 13 July 2015
Jon Fernie, Lincoln Indicators BUY RECOMMENDATIONS REA Group (REA) Chart: Share price over the year versus ASX200 (XJO) While this online real estate classifieds business has retained a strong Australian market position, its expanded to the US and South East Asia. REA provided a solid third quarter trading update, with operating earnings up 30 per…
18 Share Tips – 6 July 2015
Simon Herrmann, wise-owl.com BUY RECOMMENDATIONS Crowd Mobile (CM8) Acquiring Netherlands-based technology company Track Concepts represents a transformational deal for Crowd Mobile by adding a strong earnings growth history and immediate scale. Crowd Mobile provides profitable exposure to the market for mobile software and services. We remain attracted to its established income profile and view the…
Measures of happiness tell us less than economics of unhappiness
John Quiggin, The University of Queensland This article is part of a series, On Happiness, examining what it means and how it might be achieved in the 21st century. All happy families are alike; each unhappy family is unhappy in its own way. – Tolstoy, Anna Karenina Money doesn’t buy you happiness, but it does…
18 Share Tips – 9 June 2015
Joshua Stega, JAS Wealth BUY RECOMMENDATIONS IOOF Holdings (IFL) This Australian financial services company recently agreed to sell boutique fund managers Perennial Fixed Interest and Perennial Growth Management to Henderson Group (HGG). We think this exit makes sense as it further focuses IFL on platforms and distribution, a business that is less cyclical than funds…
18 Share Tips – 1 June 2015
Gavin Wendt, MineLife BUY RECOMMENDATIONS Ironbark Zinc (IBG) An emerging world-class zinc play, coinciding with a zinc supply shortage that’s been looming for the best part of a decade. Decades of under investment in the zinc industry have provided a window of opportunity for Ironbark with its Citronen project in Greenland. Orinoco Gold (OGX) Set…
Looking for Value in “Mining Service” Takeover Targets
Shares of self-styled “professional infrastructure and environmental services company” Cardno Limited (CDD) closed the trading day of 19 May 2015 at $3.50 per share. On 20 May company management issued a profit warning. Cardno expects NPAT (net profit after tax) to drop from last year’s $78.1 million to between $48 and $51 million. The stock…
Life in a windowless box: the vertical slums of Melbourne
Ralph Horne, RMIT University and Megan Nethercote, RMIT University Australia’s apartment boom is in full swing. Nationally, 40% of new dwellings are now apartments or units, and building approvals outnumber those for houses. Melbourne and Brisbane are the most extreme cases, but these trends are national; and they are fundamentally reshaping the future of urban…
You are your life, and nothing else
Existentialist philosophers teach us that we alone are responsible for creating a meaningful life in an absurd and unfair world. Standing on a cliff, a sense of disorientation and confusion cloud you. Not only are you afraid of falling, you also fear succumbing to the impulse of throwing yourself off. Nothing is holding you back….
