Emerging Companies Portfolio

For those seeking higher growth investments

29.29% Returns pa since inception to 31-8-21

About The Portfolio

The newest Market Matters Portfolio that searches for small & mid capitalisation emerging stocks (ex-100) that show strong underlying growth characteristics. This is a higher risk portfolio and investors should expect greater volatility in returns.

**Portfolio Performance** UPDATED 31/08/2021 17:00
Portfolio	1M	3M	6M	1Y	3Y pa	ITD PA*
Emerging Companies	1.17%	6.40%	0.25%	-3.18%	-	29.29%
Target Return 12%	1.00%	3.00%	6.00%	12.00%	-	12.00%
Difference	+0.17%	+3.40%	-5.75%	-15.18%	-	+17.29%

* Inception date 31/01/2020

**Portfolio Holdings** UPDATED 14/09/2021 16:30 trade now
COMPANY CODE	STOCK NAME	WEIGHT (%)	RISK	TIME HORIZON	ENTRY DATE	ENTRY PRICE ($)	LAST PRICE ($)	DIVIDENDS ($)	GAIN / LOSS (%)
ABY	Adore Beauty Group Ltd	5	Moderate	Medium	23/10/2020	6.75	4.75		-29.63
ASB	Austal Ltd	7	Moderate	Medium	22/06/2020	3.3	1.72	0.1	-44.85
CAJ		5	Moderate	Medium	08/09/2021	0.4	0.41		2.5
CRN	Coronado Global Resources Inc	6	High	Medium	21/01/2021	1.09	1.23		12.39
CXL	Calix	5	High	Long	13/09/2021	4.22	3.83		-9.24
EML	EML Payments Ltd	4	High	Medium	03/03/2020	3.6	3.85		6.94
IGL	IVE Group Ltd	5	Moderate	Medium	31/01/2020	2.31	1.62	0.2	-21.21
KGN	Kogan.com Ltd	5	Moderate	Medium	27/03/2020	7.89	10.22	0.21	32.19
LYC	Lynas Rare Earths Ltd	6	Moderate	Medium	1/02/2021	5.51	7.61		38.11
NTO	Nitro Software Ltd	4	High	Medium	9/06/2021	3.14	3.4		8.28
PBH	PointsBet Holdings Ltd	6.67	High	Medium	29/04/2021	12.29	10.01		-18.55
PPS	Praemium Ltd	4	Moderate	Long	29/04/2021	0.785	1.15		45.86
RSG	Resolute Mining Ltd	4	High	Medium	17/03/2021	0.635	0.45		-29.13
SRG	SRG Global Ltd	5	Moderate	Long	16/07/2021	0.56	0.52	0.01	-5.36
STA	Strandline Resources Ltd	3	High	Medium	22/06/2020	0.25	0.2		-22
TYR	Tyro Payments Ltd	5	High	Medium	31/03/2020	1.87	4.01		114.44
WZR	Wisr Ltd	5	High	Long	31/03/2020	0.27	0.26		-5.56
Z1P	Zip Co Ltd	3	Moderate	Medium	31/03/2020	4.04	6.84		69.31

Portfolio cash position: 12.33%

**Recent Sales** UPDATED 13/09/2021 17:00 trade now
Company code	STOCK NAME	WEIGHT(%)	RISK	TIME HORIZON	ENTRY DATE	ENTRY PRICE ($)	CLOSE PRICE ($)	DIVIDENDS ($)	GAIN / LOSS (%)
MNY	Money3 Corp Ltd	4	Moderate	Medium	31/01/2020	2.46	3.5	0.26	52.85
PDN	Paladin Energy Ltd	6	High	Medium	26/05/2021	0.48	0.95		97.92
TPW	Temple & Webster Group Ltd	5	Moderate	Medium	1/02/2021	10.53	12.35		17.28
RHP	Rhipe Ltd	4	Moderate	Medium	07/05/2020	1.86	2.53	0.05	38.71
Z1P	Zip Co Ltd	3	Moderate	Medium	31/03/2020	4.04	7.13		76.49
OPY	Openpay Group Ltd	3	High	Medium	31/01/2020	1.21	1.55		28.1
MLD	MACA Ltd	4	Moderate	Medium	27/01/2021	1.37	0.945	0.04	-28.1
BAP	Bapcor Ltd	6	Moderate	Medium	31/03/2020	4.01	7.95	0.24	104.24
ORE	Orocobre Ltd	5	Moderate	Medium	10/03/2021	4.41	5.98		35.6
SMR	Stanmore Coal Ltd	4	High	Medium	10/03/2021	0.89	0.775	0.04	-8.43
MOE	Moelis Australia	5	Moderate	Medium	22/02/2021	3.09	4.95		60.19
PNI	Pinnacle Investments	6	Moderate	Long	22/02/2021	4.79	9.28	0.22	98.33
GPR	Geopacific Resources	3	High	Medium	22/02/2021	0.36	0.36		0
KGN	Kogan.com	2.5	Moderate	Medium	1/02/2021	5.5	17.28		243.54
ALU	Alitum	5	Moderate	Medium	12/01/2021	30.13	31.08		3.06
AD8	Audinate	5	Moderate	Medium	29/06/2020	8.00	5.5		-31.25

OPINION
ACTION

Opinions for stocks held in the Emerging Companies Portfolio

14/09/2021 17:14

Zip Co (Z1P) $6.84

Z1P -2.7%: the BNPL company held an investor day as they start to shape the conversation about other avenues of revenues. Zip are now looking to encourage customers to do more than just one off purchases through Zip with a digital wallet style offering including taking deposits, paying bills and even investing & paying with crypto the first hurdle.

14/09/2021 09:25

Paladin (PDN) 98c

This $2.6bn WA Uranium Miner soared over 14% yesterday as its explosive rally over recent weeks continued unabated, “hot money” and momentum traders flocked to the sector, BNPL have become almost passè in just a few months. The re-rating of PDN has been highly correlated to the rally in the underlying uranium price which overnight hit an 8-year high...

08/09/2021 11:45

Emerging Companies Portfolio – Amendments

MM are selling PDN, buying CAJ & increasing LYC

06/09/2021 17:11

Strandline (STA) 18.5c

STA unch: pressing on with the construction of their WA mineral sands project Coburn. The company updated the market today to say that the build is progressing as planned with 90% of the scope contracted. Mineral sands markets have been strong with demand outpacing supply in recent months. Strandline plan to be producing out of Coburn by...

06/09/2021 17:09

Uranium – Beam me up Sprotty!

A catchy title for a sector report released over the weekend from Michael Clark at Shaw, he’s called the sector very well and has again re-cut his numbers upgrading his universe as a result. Below looks at his calls in order of preference. We hold Paladin (PDN) in our Emerging Companies Portfolio & for those that want more insight here, I did a ‘Deep Dive’...

03/09/2021 15:55

Paladin (PDN) 77c

PDN +22%: Uranium stocks roared today, Paladin (PDN) up ~20% as the Uranium price starts to move higher. Spot uranium is at US$37/lb, its highest level since early 2016.

31/08/2021 16:10

PointsBet (PBH) $10.34

FY21 Result: largely pre-released given the wagering company raised money a month ago. Revenue jumped from $75m to over $194m, however losses came in at $187m which was inline with expectations. It has been a big year for the betting company, in Australia they have gone from 90,422 active client at the end of FY20 to 196,585 today. Over that same period in the US, they have...

31/08/2021 08:46

Reporting Today (HVN, IGO, MSB, PBH, RRL, SFR)

Companies reporting today include: Harvey Norman (HVN), Independence Group (IGO), Mesoblast (MSB), PointsBet (PBH), Regis Resources (RRL), Sandfire Resources (SRF) + Webjet (WEB) AGM

30/08/2021 10:53

Adore Beauty (ABY) $5.05

FY21 Result: Slight beat for the online beauty products retailer at their first full year result today. Adore had revenue of $179.3m, coming in just above the top end of guidance, around a 3% beat to market. EBITDA grew more than 50% to $7.6m, though slightly below market expectations despite big jumps in marketing and staffing costs. With gross...

30/08/2021 09:03

Reporting Today (ALU, BKG, CWN, FMG, HLS, IVC, NXL, TPW, WGX)

Companies reporting today include: Adore Beauty (ABY), Altium (ALU), Crown Resorts (CWN), Fortescue (FMG), Healius (HLS), Invocare (IVC), Nuix (NXL), Temple & Webster (TPW)