Update from the CIO

Today we posted a post current tax NTA of $3.44, up from $3.36 last week. Our share price is weaker today with coronavirus fears gripping global equity markets. In times of fear, investors will always sell equities and go to the safety of cash. HM1 will not be immune to such investor action.

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February 24th, 2020
 

Update from the CIO

Today we lodged a post current tax NTA of $3.36 and the share price is sitting at $3.50. Hopefully by now you have seen our monthly report for January, where we showed an investment gain of 5.6% for the month.

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February 17th, 2020
 

Stock of the month: Tesla Inc

Tesla, the stock, polarises investors. It has long been one of the most heavily shorted stocks, but in the past month, the stock has doubled and it seems more people are coming around to the idea that maybe Elon might just deliver on his promises.

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February 12th, 2020
 

2019 Sohn Hearts & Minds Conference

The fourth annual Sohn Hearts & Minds Investment Leaders Conference was held last Friday down at the iconic Sydney Opera House.

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November 26th, 2019
 

Update from the CIO

As you should be aware, the next Sohn Hearts and Minds Investment Leaders conference is this Friday, down at the beautiful Sydney Opera House. For HM1, this means we will finally get the new set of stocks for the conference portion of our portfolio.

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November 18th, 2019
 

Update from the CIO

With the US reporting season in full swing, the last week saw quite a few of our companies release numbers. Whilst most were pleasing, a couple failed to meet investor expectations, and the share prices reacted accordingly.

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November 4th, 2019
 

Update from the CIO

JB Hi-Fi was up 10% on the back of positive commentary during their AGM, and including dividends paid has now provided us with a return of 64% in 11 months! Remember that this was one of the most heavily shorted stocks in 2018.

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October 28th, 2019
 

Update from the CIO

Nothing new to report this week. The US reporting season starts up again later this week though, and will go for about 3 weeks, so we expect some news on how some of our stocks are performing financially.

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October 15th, 2019
 

Update from the CIO

Yesterday we reported an NTA of $3.01, up from $3.00 last week. The share price is trading just below $3.00 this morning. A pretty quiet week for our portfolio.

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October 8th, 2019
 

Update from the CIO

Last week’s star stock, DocuSign Inc, kicked on again during the week, and logged further gains of just over 11%. On the other hand...

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September 16th, 2019
 

Update from the CIO

The big mover last week was DocuSign, Inc. which reports slightly out of time with other US stocks. Pleasingly, it surprised on the upside against analyst expectations...

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September 9th, 2019
 

Manager in focus: Cooper Investors

This month's Conference Manager in Focus is Cooper Investor's Founder and Chief Investment Officer, Peter Cooper. He's backing the largest audio entertainment company in the US, Liberty SiriusXM. 

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September 6th, 2019
 

Update from the CIO

With reporting season both here and in the US now complete, investors now have more information about the financial health of their companies, and prices are reacting accordingly.

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September 2nd, 2019
 

Update from the CIO

Of our locally listed conference stocks, JB Hi Fi have reported, surprising everyone rallying 10% on the day, PagSeguro reached an all-time high and Bandai Namco has continued its great run post Nikkei inclusion...

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August 26th, 2019
 

Update from the CIO

Earnings season in the US, as usual, caused large moves in company share prices, both up and down. Indeed, with the domestic reporting season also underway, we can expect more surprises.

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August 13th, 2019
 

Manager in focus: Tekne Capital Management

This month's Conference Manager in Focus is Tekne Capital Management's Managing Partner, Beeneet Kothari. He's backing a Brazilian digital payment solution company. Read his investment case here.

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August 6th, 2019
 

Update from the CIO

Weaker global markets (S&P down 3.1%; Nasdaq down 3.9%), and Trump tweets and tariffs all weighed heavily on investors minds this week...

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August 6th, 2019
 

Update from the CIO

Welcome to the first edition of our CIO blog. A regular update of what's happening in the portfolio.

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July 29th, 2019
 

Livewire: Amazon's billion dollar bet on toasters

Jeff Bezos is proving the sky’s no longer the limit for Amazon. Learn more about Project Kuiper and what it means for the future of Amazon in this Livewire article.

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July 22nd, 2019
 

Ray Dalio: Paradigm Shifts

Legendary investor Ray Dalio says gold may be key amid monetary policy shift.

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July 18th, 2019