Archives: Questions And Answers
Hi MM Team,
Please can you provide your thoughts on the current Acrow (ACF) capital raise.
Recently you suggested that infrastructure was an area of the market worth considering for investment. Does ACF fit the mould as an infrastructure play?
Thanks, JanP
Hi Market Matters Team
Can I have your current view on APE – Eagers and EHL -Emeco.
Emeco announced a trading update yesterday and fell by 4.5%. Do you see a recovery in EHL?
regards
Debbie
Hi James and team,
I created my portfolio using ideas from your commentary and portfolio since I joined in 2020 and I must thank you that i have almost doubled my balance since that time.
Dear MM Team,
Once again, I need to ask for your explanations, because I just don’t understand the significance of the announcement SOL has made today.
I have become a SOL investor, when Brickworks was acquired. To me, the main attraction of BKW was, their vast land holding left over from clay mining for manufacturing bricks. Most of the land was bought cheaply, many decades ago, on the perimeters of large towns. They had (or have) a joint venture agreement with GMG, where BKW provided the land and GMG erected the building. It has created an income stream, without any additional investment!
Today announcement says SOL had agreed to sell certain Brickworks property to GMG for $1.89b!
Why?
Later the same announcement state that some of the JV properties have been retained.
Could you please give us your highly valued opinion, how is this beneficial to us, shareholders?
There is no reason to sell income producing, well managed properties, unless you can better reinvest the new funds. So, what will SOL do with the proceeds? How will we benefit?
Best regards,
John
Wondering how other investors are dealing with the chaotic Magellan Financial at the moment? They have merged with Barrenjoey and their website is a mess. Almost none of the links work. Of huge annoyance to me is that MGOC – a flagship fund no longer exists in that ticker, and has been almost secretly changed to V1AC, which I’m guessing refers to one of their new “partners” – Vinva Investment Management. Has anyone heard of them?
I have not experienced a mid-stream change for unknown reasons like this in 23 years of investing, and it will take me over 20 hours of reformatting 68 spreadsheets to fix it.
Has anyone else experienced difficulties with the decline in this previous giant of Australian investing?
