The $1.2 billion acquisition of convenience store operator OTR in 2024 coincided with the end of Viva’s post-covid share ...

A narrow or wide Moat Rating from Morningstar is a vote of confidence in the company’s ability to generate excess returns on ...

Benchmark: Underperformance is always relative, whether to your own portfolio, the sector or the entire market. It is ...

“Simplicity and “understandability” should be the hallmarks of a good superannuation system. It should be remembered that the ...

Rising oil prices and steady interest rates dictated markets this week, prompting a shift from growth to defensive assets in ...

The $3m super tax could be put down to the Government needing money and the wealthy being easy targets. It’s deeper than that ...

Wide-moat Deterra Royalties DRR is an exception. Our wide moat for Deterra Royalties reflects its royalty on BHP’s Mining ...

Virgin’s recently announced IPO has piqued the interest of many Australian investors. A weak IPO market means this is the ...

Little margin of safety in a world of rising risks.

China has fallen out of favor over the past several years. The market suffered double-digit losses in 2021, 2022, and 2023; ...

FIRB approval is an obstacle. Santos is Australia’s largest domestic gas supplier and a major LNG exporter, and there are ...

We think Virgin’s offer price reflects benign industry conditions that are unlikely to remain so good forever.