This week we return to our Top Twenty series. Six months since our last review, we look to provide an update on the companies. This week, Commonwealth Bank and Westpac. Read on! Again, a disclaimer before reading further, this is the just first part of my notes on...
Ron Shamgar
Not All Acquisitions Are Created Equal
In general, the market and investors like companies that make acquisitions. Acquisitions that add scale and capabilities and are done at attractive valuations can be very accretive to a company. There are some companies that are definitely more acquisitive than...
3 Microcaps We Like Under a $50m Market Cap
Some of the best opportunities on the ASX in recent times have been microcaps. Companies where the business models are scalable, management have a track record of execution, and, more importantly, companies that are well funded. Altium and EML, as best-case examples,...
3 Reporting Season Highlights
Ron Shamgar takes stock after yet another busy reporting season, looks at his portfolio and gives us three brief highlights from the recent results. Reporting season wrapped up on Friday and for us it was mostly a positive set of results. It was worth noting that a...
Australia All Cap | February Monthly Report Excerpt & Portfolio Highlights
This week we thought it would be valuable to highlight Ron Shamgar's recent monthly report. Ron has delivered a stellar return for our investors over the last couple of years, managing the portfolio through the covid crisis with aplomb. During the month of February...
Australian Equity Portfolio Update | 6 Stocks
Ron Shamgar provides an update on a number of the companies held in TAMIM's Australian equities portfolios. This is an excerpt from the January 2021 TAMIM Fund: Australia All Cap monthly report, you can access the full report here. Note: Some of these stocks may have...
Top 3 Defensive (yet growing) Stocks for 2021
This week we take a look at three stocks that are both defensive in nature but still in their high growth emerging phase of their business evolution. All stocks are high conviction holdings in the TAMIM Fund: Australia All Cap portfolio. Unity group (UWL.ASX) is our...
3 Telco Stocks to Become 1?
The telco sector is currently the largest thematic exposure we have across our portfolios. It’s a sector we like because it’s defensive and has been a key beneficiary from the Covid remote working environment. Every 5-10 years we also see a period where the industry...
9 Stocks to Watch | Australian Equity Portfolio Update
Ron Shamgar provides an update on a number of the companies held in TAMIM's Australian equities portfolios. EML Payments (EML.ASX) provided a trading update for Q1 with revenues of $40m and EBITDA of $10m. EML’s transaction volumes have recovered strongly...
An Amaysim Opportunity
Last month we launched a unique TAMIM special purpose vehicle (SPV). This Fund has invested in what we saw as a special opportunity to invest in a company that had reached a seminal moment in its history. A milestone that would be the catalyst for crystallising...
Talking Top Twenty | Part 6: Brambles, Amcor & IAG
nce again, we continue down the ASX. This week we examine Brambles Ltd. (BXB.ASX), Amcor Plc (AMC.ASX) and Insurance Australia Group Ltd (IAG.ASX). Below are the previous articles in this series: Talking Top Ten | Part 1: The Banks Talking Top Ten | Part 2: CSL, BHP...
Stock Review: A Capital-light Compounder
This week we look at one of the most overlooked but stellar results of the 2020 reporting season. This company has grown earnings at a compound rate of 44% p.a. for the last four years and requires little capital to grow. The business is benefitting from structural...