Portfolio update November 2022
Monster results from MAP Aktif plus tailwinds from a weaker US Dollar. Estimated reading time: 25 minutes
Latest
Codan (CDA AU)
Australian metal detector producer selling ”picks and shovels in a gold rush”
Dairy Farm late-2022 update (DFI SP)
Health & beauty benefitting from a HK-China border reopening but weaker post-COVID grocery profits. Estimated reading time: 14 minutes
Tabcorp (TAH AU)
Australian wagering monopoly recovering from COVID-19, helped by new regulation
Inflation-protection provisions are inadequate
Thoughts on inflation inspired by Mark Mobius's new book. Estimated reading time: 18 minutes
Shipbuilding 101 ⚓️
The shipyard industry is cyclical and competitive. But supply has shrunk significantly while demand is picking up. Estimated reading time: 24 minutes
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Portfolio update October 2022
A further decline in October. Cheap stocks everywhere. Estimated reading time: 16 minutes
