Dr Jon Glass speaks to Peter White from The Inside Network for our IN60 series.
The Australian reporting season stepped up another gear this week, dividends and cost cutting were the most important topics on the agenda. The threat of inflation is also clearly increasing, with government bond yields in both the US and Australia hitting 12-month highs. Despite this investors remain resilient and unconcerned about the risk of an…
Lovisa delivers a great result and reinstates dividend Lovisa Holdings (ASX: LOV) – Shares in the jewellery retailer surged 19% following a bumper profit result. While revenue was down 9.8% and comparable-store sales down 4.5% for the period, the company continued its store rollout with 29 new stores built. Gross profit decreased 11.7% to $113m…
Dividend boom JB Hi-Fi (ASX: JBH) has done it again. A bumper result saw shares increase 2.5% at the time of writing, on the back of strong in-store and online growth in the Australian electronics market. The electronics retailer posted a first-half profit inline with market expectations, and pointed towards an optimistic second half. Total…
The most-quoted man in finance, Warren Buffett, recently released the quarterly update of portfolio holdings for the US$570 billion ($730 billion) Berkshire Hathaway conglomerate. There is little doubt that Berkshire (NYSE: BRK.A) was incredibly busy during the final quarter of 2020. Most interesting was the decision of management to request that the US Securities and…
Afterpay this, Afterpay that… what started five years ago as a small payments platform quickly became one of Australia’s most valuable and iconic companies. Afterpay listed at $1.00 only a few years ago (April 2016), and on today’s numbers is worth a staggering $41.7 billion at $150 a share. That is an astronomical gain of…
