Viewing posts by Claude Walker

List of Ethical Investment Funds

A List Of Ethical Investment Funds In Australia

One of the pleasing developments I've noticed over the last few years is the continually expanding selection of ethical funds available to Australian investors. But unfortunately, some funds could be considered to have much stronger ethical policies than others. For example, AMP Limited (ASX:AMP) has a fund called "The AMP Capital Ethical Leaders Fund".

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That Time I Got Lucky, Anatomy Of My Pro Medicus (ASX:PME) Investment

An Ethical Equities Supporter has requested I do more case studies of investments I've made in the past, which I think is good for learning, so here is the first one.

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It's Time To Die, Livehire (ASX:LVH)

Time To Die, Livehire (ASX:LVH)

Livehire (ASX:LVH) is a “talent management technology company” with a market capitalisation of $84 million at the current share price of $0.285. The company has around $35 million in cash which we believe should be returned to shareholders since we believe the business is destined to fail and the business itself is worth nothing, at best. 

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How To Calculate Free Cash Flow And 2 Rules To Avoid The Hype Trap

I recently shared "2 Rules To Avoid The Hype Trap" with Ethical Equities Supporters. Following those rules requires that investors can establish revenue growth, free cash flow and profit from the primary documents. It is always important to take these numbers from the accounts themselves, because companies will often highlight misleading adjusted numbers in their presentations, not the statutory numbers.

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Dicker Data (ASX:DDR) HY 2019 Half Year Results Analysis

Dicker Data (ASX:DDR) HY 2019 Results Analysis

On Friday last week, IT distributor Dicker Data (ASX:DDR) reported its results for the first half of 2019, demonstrating that it remains a great source of funding for its co-founder’s private race track and superfast racing cars. 

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Vista Group (ASX:VGL) HY 2019 Results: Valuation Downgrade

Vista Group HY 2019 Results and Valuation Downgrade

This morning Vista Group (ASX:VGL) reported its results for the first half of 2019 and they were very disappointing, sending the shares down by about 30% to $3.60 (AUD), at the time of writing. Please note, all currency below is NZD unless stated otherwise.

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Pro Medicus (ASX:PME) FY 2019 Results Analysis: Record Profit Yet Again

Pro Medicus (ASX:PME) Posts Record Results In FY 2019

Yesterday radiology imaging company Pro Medicus (ASX:PME) reported revenue of $50.1 million for the full year, along with profit of $19.1 million, an increase of over 91% on last year. When I reported on the half year results, I noted that it would be hard for the company to grow half on half, since last half was such a strong half. I also expressed my hesitancy about the share price. It turns out I was too conservative, as the stock has gained well over 100% in the intervening period, to close above $30.50 on the day of the results.

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Is Ooh! Media (ASX:OML) Good Value After Its Share Price Crash?

Back in December 2018, I explained on this podcast with Matt Joass and Andrew Page that I was short a stock called oOh!media (ASX:OML) as a hedge, since it is a poor business that is highly leveraged to the Australian economy. 

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Cleaning Up The Portfolio

Generally speaking, I try to let my winners run, even if I do take some profits.

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