Often used to describe a particular type of investment style, e.g. the High-Conviction Equities Fund, conviction is all the rage in equity markets today. This type of strategy usually has between 20-30 stocks (or any other asset, for that matter) which are considered high-quality blue-chip investments that have a strong competitive position and high market…
Forget cramped kennels or pleading with reluctant relatives for help, the Mad Paws platform connects you with your nearest pet-sitter. A simple online reservation is all it takes, so you can sit back while the perfect person looks after your favourite animal. Your pet -itter can look after your animal at your home or take…
Almost overnight when COVID-19 hit, Australian businesses switched to a cashless world to conduct business transactions and accept payments that would otherwise have been completed using physical cash. The switch to cashless – or rather, the rapid acceleration of what had been a slow trend – occurred out of necessity rather than choice. As the pandemic swept through, health…
Last week kicked off a chain of events in the US that has had wide-ranging global implications. The number of COVID-19 deaths inside US nursing homes has finally reached a turning point. Since the arrival and distribution of vaccines in nursing homes, the number of deaths has dropped dramatically. According to a new report from…
The February earnings season produced some of the best results in nearly a decade. The tough operating environment brought on by the pandemic is largely over and we are now at the beginning of an earnings recovery. The number of coronavirus cases reported from US nursing homes has fallen by more than 80%. The turnaround…
Cleanaway (ASX:CWY) is Australia’s largest garbage disposal company, providing waste, recycling, industrial and liquids services with a network of state-of-the-art facilities, transfer stations, engineered landfills, liquid treatment plants and refineries. Given what it does, it’s no surprise that Cleanaway is one of the rare companies that came out of the pandemic relatively unscathed. Pre-COVID, CWY…
And that’s a wrap. Reporting season is over. And to describe it in one word, the February 2021 reporting season was ‘pleasant.’ There weren’t too many surprises on the downside, winners exceeded losers, and the themes were as expected. However, prices moved well in advance of results. This meant that despite a significant number of…
You’ve probably heard of a company resorting to a ‘backdoor listing’ or a ‘reverse takeover’ or for US investors a Special Purpose Acquisition Company (SPAC) instead of using the traditional IPO (front door) method to list on the ASX or other markets. Contrary to popular belief, the process is completely legitimate and a viable pathway…
Upcoming floats for February The IPO market is still running hot, with a handful of initial public offering (IPO) hopefuls hitting the boards this month – and some recording stellar price increases. Following-on from the strong IPO momentum from late last year, 2021 is shaping-up to be another cracking year, assuming volatility remains muted. From 1 December 2020…
The COVID-19 share market collapse of 2020, referred to as the Coronavirus Crash, was a sudden global stock market crash that began on 21 February 2020 and ended on 20 March 2020. It was one of the largest stock market crashes in history. In the space of just four days, the Dow Jones Industrial Average…