Archive: April, 2019

April 30, 2019

Will Uber’s IPO lead to uber losses for investors?

By Roger Montgomery

Uber’s upcoming IPO promises to be monumental. The big question for would-be buyers is: will this loss-making juggernaut be a good investment?  Or, like its rival, Lyft, will its shares plummet after the float? Exclusive Content This is exclusive content to subscribers on rogermontgomery. com. View the full article via your subscription or sign up for access.
April 23, 2019

Where can investors find companies with a tailwind of growth?

By Roger Montgomery

With Australian retail, housing and car sales in the doldrums, an election likely to cause business nervousness and lack of new investment, (which in turn keeps wage growth low), where can investors find opportunities? Exclusive Content This is exclusive content to subscribers on rogermontgomery. com. View the full article via your subscription or sign up for access.
April 15, 2019

How do we determine the cash weighting for The Montgomery Fund? 

By Tim Kelley

We are often asked to explain how we manage the cash weighting, and the most recent market pullback at the end of 2018 provides a useful example to illustrate our approach to managing cash. Most readers will be familiar with the investment philosophy that drives The Montgomery Fund.
April 2, 2019

What is a long/short to do?

By Christopher Demasi

Over the past few weeks we have had the pleasure of meeting with clients and friends of the firm around Australia and New Zealand. The turbulent and challenging final quarter of last year was of great interest to many, despite, or perhaps because, of the quick rebound in stock markets in the first couple months of this year.
April 1, 2019

Farewell TradeMe

By Stuart Jackson

On Wednesday, New Zealand online goods trading and classifieds platform TradeMe will hold an extraordinary general meeting so that shareholders can vote on the proposed acquisition of the company by one of the private equity funds of Apax Partners for NZ$6. 45 per share.
April 1, 2019

Do we see an upside for the Aussie dollar?

By Andrew Macken

We have recently been asked about the Australian currency from several of our investors, and while it’s impossible to predict the future, do we foresee continued pressure on the Aussie dollar against the US dollar over the next 6 – 12 months? Obviously in the near term, week-to-week, month-to-month it’s impossible to predict currencies, but over any medium-term period – you…

Funds

View all funds