Given Woolworths Group (WOW) is a well owned stock, many clients may be asking what to do with the Endeavour Group (EDV) shares. We provide some initial thoughts below. Thoughts upfront – we would suggest investors hold their EDV shares as we conduct further due diligence on EDV. We suspect any re-rating in EDV shares will come more from margin expansion
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In keeping with the pre June 30 EOFY vibe, this week your columnist opines on a few well known underperformers that arguably are worthy of being sacrificed on the altar of the fiscal fiend. In other words: they’re unlikely to recover in a hurry and their best use is as a tax loss. Investors who
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Almost every small-cap investor knows the pain of investing in the next big thing, only to find their stock remains resolutely that: a small cap. Or even worse the company ceases to be altogether, providing fodder for the ever-booming insolvency industry. Even more annoying is the regret of investors losing patience with a serial plodder,
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Mourners grabbing a bunch of roses at the supermarket en route to great aunt Dora’s funeral – or virtual send-off in the case of Victoria – would be oblivious to the complex logistics that enable a bunch of fresh blooms to be available beside the wonky trolleys every day. We guess the same applies to
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Even before the pandemic spurred the panic puppy purchasing phenomenon, Australian pet ownership was on the rise because of the powerful demographic trend to single occupant households. With pooches and moggies and other random beasts displacing children on the family hierarchy, pet care expenditure has risen even more sharply. According to an Animal Medicines Australia
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Forensic data company Nuix debuted on the ASX on the 4th of December, with an IPO price of $5.31. Macquarie, the largest shareholder, used the IPO as an opportunity to sell-down its 66 percent stake to 30 percent; a windfall for Macquarie of over $600 million. Nuix jumped out of the gate, with the share price
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