Blackmore Capital has fine-tuned its Australian equities income portfolio after the mammoth bull run in CBA’s share price triggered a response from the team. Co-founder and CIO of Blackmore Capital, Marcus Bogdan, said, “on a 12-month basis CBA has delivered a total return of about 58%, outperforming the S&P/ASX200 by about 35% and its major…
As the world gets ready to emerge from its Covid hibernation, low inventory levels, supply chain disruptions and booming demand for semiconductor chips have brought about an economic dislocation which is receiving considerable attention. Portfolio Manager Denny Fish and analyst Shaon Baqui at Janus Henderson Investors have released a research note for investors, outlining the…
Startup fraud-prevention and identity verification platform, FrankieOne, has closed its Series A $20m capital raising, attracting an all-star investor cast ranging from Robinhood CEO to DJ duo The Chainsmokers. It was originally backed by AirTree Ventures, Greycroft, 20VC, Tidal Ventures, MantisVC, APEX Capital Partners and ReInventure. So what is FrankieOne? Launched in 2017, Co-founders Simon…
Italian football club, S.S. Lazio, of the Italian league (Series A), has found itself with a new sponsor after signing a partnership agreement with cryptocurrency exchange, Binance. An unusual partnership it may be, nonetheless the deal was done and as stated on the club website, “SS Lazio SpA is pleased to announce a partnership agreement…
The IPO market is absolutely booming. To put it mildly. Never have we seen this much enthusiasm from cashed up investors, ready to splash their cash as they hunt for the next ten bagger. This year 135 new companies listed on the sharemarket, which is almost on par with the highest number of listings ever…
Financial advisers are generally bound by the terms and conditions contained in a prospectus or product disclosure document (PDS) issued to a retail investor when buying securities or a financial product. But under the Corporations Act 2001, a ‘sophisticated investor’ or a ‘wholesale client’ receives special treatment and is exempt from receiving regulated disclosure documents,…
Helloworld Travel (ASX:HLO) After 106 days of lockdown, Sydney is back open, with fully vaccinated residents able to go back to their favourite shopping centre, gym or café. Melbourne should follow suit over the next few weeks provided it hits its vaccine targets. The “recovery trade” we have spoken about is alive and well. Many…
Well known stockbroker Morgans have released their review on Australia’s retail sales sector which continues to be hit hard with Victoria’s ongoing lockdown and Covid-19 restrictions throughout the country. August retail sales came in at -0.7 per cent year on year and -1.7 per cent to $29.3bn, which comes as of no surprise. Covid-19 lockdowns…
There’s a lot of buzz around hydrogen and its use as a renewable energy source. Most hydrogen produced today is grey hydrogen, delivered by using natural gas in steam methane reforming. Looking out into the future, green hydrogen manufacturing, using electrolysis, is under consideration to replace the fossil fuel based gas production. Following Joe Biden’s…
Morningstar have released their Australia and New Zealand equity market outlook for the fourth quarter which envisages an imminent economic recovery that is already baked into valuations, however there are opportunities, they suggest. The authors agree that the Australian equity market is overvalued but notes the market stalled during the third quarter. The Morningstar Australia…
