August 11, 2022

Talk Ya Book: A growth stock for your list

By Gary Rollo

Gary Rollo joined Chris Judd’s Talk Ya Book to discuss one of his favourite value picks at the moment, telecom software business Symbio Holdings (ASX:SYM). Symbio is profitable, growing, generates cash flows and is also on 9 times EBITDA which for an industrial stock is cheaper than the market. The Montgomery Small Companies Fund owns shares in Symbio.
August 10, 2022

2Q2022 Polen Capital Global Growth Commentary

By Polen Capital

The conditions during the second quarter of the year have largely been a continuation of what we experienced during the first quarter, with a long list of exogenous factors continuing to weigh on the market, including persistent inflation, tightening monetary policy, and ongoing supply chain issues.
August 8, 2022

Aura High Yield SME Fund: Letter to Investors 05 August 2022

By Brett Craig

The RBA raised rates for the fourth consecutive meeting with a view to combat the soaring rate of inflation. They are not shying away from introducing additional rate rises moving forward. As noted last week, the headline inflation for the July quarter came in at 6. 1 per cent, well above the 2–3 per cent target range.
August 3, 2022

Growth stocks could rebound if inflation turns out to be “transitory” after all

By Roger Montgomery

Since bravely declaring that inflation would be “transitory” the Chair of the U. S. Federal Reserve, Jerome Powell, has been ridiculed for being so wrong.   After all, we’ve since seen inflation exceed initial estimates and be more persistent than anticipated. But now it seems inflation could be transitory after all. And that augers well for quality growth stocks.
July 21, 2022

Why did Megaport’s share price jump 23%?

By Gary Rollo

  Megaport (ASX:MP1) was the ASX’s star performer yesterday jumping 23 per cent on the close following a trading update that clearly surprised many in the market. I joined Roger to discuss why it is a holding in the Montgomery Small Companies Fund and identify the two big messages in the release yesterday.
July 21, 2022

Investing in the age of transformation

By Polen Capital

Over the past two years, the evolution of the pandemic has been the leading force dictating the path of the global recovery. Despite the many challenges still present, Polen Capital believe that several secular trends that were already in motion before COVID-19 will continue to shape the world around us and play an important role in defining tomorrow’s leading businesses. In this whitepaper, Polen Capital look at what they view as some of the most important secular growth themes that may reshape the world over the next decade.

July 20, 2022

Could a credit crunch be more important than a recession?

By Roger Montgomery

I have just penned my next column for The Australian Wealth section this weekend. In the article I explain how different definitions of recession are common and yet largely irrelevant for today’s equity investor. Some say its two quarters of negative growth. If that’s the case, then the Atlanta Fed’s GDPNow tool is predicting the U. S.
July 18, 2022

Spark deals shows infrastructure is still in high demand

If you’re looking for a solid investment with stable and predictable cashflows, you could do worse than explore listed infrastructure assets.   This conclusion was hammered home to me yet again by the news that Spark New Zealand (SPK:ASX) is selling 70 per cent of its passive tower infrastructure company for a pretty tidy sum.
July 13, 2022

Dirty little thing called growth and why I think Symbio is good value

By Gary Rollo

Like in most market downturns, small cap growth stocks are being punished hardest by a market that now views growth as a dirty word. This is great news for investors, as it creates opportunities to invest in businesses whose share price decline is due to changing sentiment rather than deteriorating fundamentals.

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