Archive: May, 2021

May 31, 2021

3 off-piste investing ideas for your portfolio

By Roger Montgomery

It’s hard not to be intrigued by – and envious of – the stories of rapid and stupendous gains made by some people on unconventional investments, like NFTs and cryptocurrency.   The good news, particularly for those who missed out on this profit bonanza, is there are still some unconventional investments out there with very attractive prospects.
May 27, 2021

Accenture: the twenty-year illustration of patient investing

By David Buckland

The Polen Capital Global Growth Fund attempts to own 25-35 of the highest quality businesses which meet all of the manager’s five guardrails – a sustainable return on equity exceeding 20 per cent; exceptionally strong balance sheet; stable or growing profit margins; abundant free cashflow; and real organic revenue growth.
May 26, 2021

Why Webjet could be set to soar again

Travel businesses have really suffered due to the COVID-19 travel restrictions and border closures, but with many economies re-opening, unleashing a likely tsunami of pent-up travel demand, the future is looking brighter. And companies like Webjet (ASX:WEB), the Australasian online travel agent and global hotel room intermediary, should be major beneficiaries. Webjet has just released its FY21 results.
May 14, 2021

Pendal’s acquisition doubles the US footprint

By Dominic Rose

Global fund manager, Pendal Group (ASX:PDL), has just announced the strategic acquisition of US-based Thompson, Siegel & Walmsley (TSW). The acquisition delivers material scale to the existing US operations and is expected to be double-digit earnings accretive in the first 12 months.
May 12, 2021

Polen Capital – Beyond Returns

By Dean Curnow

Our recent launch of the Polen Capital Global Growth Fund marks the formal commencement of our partnership with Polen Capital. After due diligence of several established global managers with long term track records we are delighted to have found in Polen, a team with integrity, a desire to offer their expertise to Australians, and a deep attachment to a quality-based investment philosophy.

May 11, 2021

Have we reached peak economy?

By Roger Montgomery

As world economies start to bounce back after their COVID-19 lockdowns, inflation is back on the agenda. Federal Reserve Chairman, Jerome Powell, thinks the current spike is transitory. Time will tell if he’s right. But whether it’s transitory or persistent, inflation will impact stock market returns.
May 10, 2021

Where to next for Reliance Worldwide?

  In this week’s video insight Joseph comments on Reliance Worldwide’s recent trading update which revealed the company was a significant beneficiary of the recent freeze event in Texas. Looking forward, Joseph discusses the three key drivers to consider to forecast the company’s future earnings. The Montgomery Funds own shares in Reliance Worldwide.
May 5, 2021

Universal Store continues to grow sales

Universal Store (ASX: UNI) is a youth-focused retailer of trend-led and casual fashion, shoes, accessories, lifestyle and ‘gifting’. It only listed last November, but has managed to surprise market estimates to the upside three times since then with impressive and accelerating rates of organic growth.
May 4, 2021

For the Australian economy, it’s full steam ahead!

By Roger Montgomery

Compared to most other major economies, Australia is now in a sweet spot. After breezing through the COVID-19 pandemic, economic growth is above expectations, unemployment is low, and the outlook for business is incredibly positive.

May 3, 2021

More strong Quarterly results, particularly from Facebook and Amazon

By David Buckland

Facebook’s March 2021 Quarter revenue increased 48 per cent to $26. 2 billion from $17. 7 billion with strong demand for advertising from the social network’s 2. 85 billion monthly active users, across its Facebook, Instagram and WhatsApp platforms, up 10 per cent. Net income in the March quarter jumped 94 per cent from $4. 9 billion to $9.


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