Stock Market Movers

In this weeks podcast I talk about some of the smaller companies trading on the NZX.

To get spoken about on this podcast you have to have a small  capitalisation and you have to have reported a recent update during the week.  The good thing is that these are companies that you may not have yet heard of but trade on the NZX.

I talk about Finzsoft (FIN), Wellington Drive Technologies (WDT), Orion Healthcare (OHE) and Truscreen (TRU).   I also find some time to provide some tips and advice for people that want to learn more about how to approach and how to invest in smaller companies.  

The small cap space are where some of our bigger stock market winners such as Xero and a2 Milk have emerged from but also where some of our biggest failures such as Wynyard have come from.  You also get some of the most interesting market stories from the small cap space.  

Listen in by searching Stock Market Movers on Spotify, Apple or wherever you get your podcasts.  If you are looking to get in touch or would like more information go to www.stockmarketmovers.co.nz       

A step away from the normal on Stock Market Movers this week.  There were plenty of market update's from NZX companies but this week the focus is on Warren Buffett's annual letter to Berkshire Hathaway shareholders.  This is an 'event' that I look forward to with great anticipation every year and is probably second only to the Berkshire Hathaway annual meeting which will be coming in early May.   

Points of discussion include scaling up, focusing on what is important, capital allocation, share repurchases, risk and what makes a good business.

The book discussed in the episode is titled: The Essay's of Warren Buffett.    Here Lawrence Cunningham has ordered all of Buffett's letters to shareholders by topic.  It is a must read and read again for all investors.  You can click on the link below to have a look on Fishpond:

The Essays of Warren Buffett: Lessons for Investors and Managers

 Listen in by searching Stock Market Movers on Spotify, Apple or wherever you get your podcasts.  If you are looking to get in touch or would like more information go to www.stockmarketmovers.co.nz      

As New Zealand's largest listed company by market capitalisation and perhaps the best performing stock in the history of the NZX it is always big news when a2 Milk reports its earnings.  This week the company reported its interim results for the half year ended December 2018.  Revenue grew over 40% and the company reported a net profit of over $150 million.  In this episode, I do a deep dive on a2's results and discuss their strengths, potential risks and the valuation.  

The other big news during the week was the results of the tax working group.  I cut through the media hype and discuss what this could mean specifically related to the taxation of capital gains on shares. 

Listen in by searching Stock Market Movers on Spotify, Apple or wherever you get your podcasts.  If you are looking to get in touch or would like more information go to www.stockmarketmovers.co.nz     

NZX companies are starting to provide their trading updates to the market in earnest.  The great thing about this is that the podcast is swimming in plenty of content and we talk about plenty of companies such as Briscoes, Contact Energy, South Port, Allied Farmers, Sky City, Promisia, Hallensteins, Millenium & Copthorne, CDL Investments and NZ Oil & Gas.  This is more companies than I have ever spoken about and I still find time at the end to have a bit of a discussion about the macro environment.

Listen in by searching Stock Market Movers on Spotify, Apple or wherever you get your podcasts.  If you are looking to get in touch or would like more information go to www.stockmarketmovers.co.nz    

It was a relatively quiet week on the NZX due to the holiday on Wednesday.  This didn't stop Pushpay who delivered a strong quarterly update.  We also had news during the week from an impending IPO from what could be New Zealand's marijuana play, Cannasouth Cannabis.  The final company news is a quick shout out to Orion Healthcare who look set to de-list from the NZX.  From an education perspective I will spend some time explaining the difference between limit and market orders along with their pros and cons.  And finally I will review the book When Genius Failed by Roger Lowenstein, which is an excellent book that is full of lessons that can be taken away by investors.  If you want to find out more about the book follow the link below:

When Genius Failed: The Rise and Fall of Long Term Capital Management

 Listen in by searching Stock Market Movers on Spotify, Apple or wherever you get your podcasts.  If you are looking to get in touch or would like more information go to www.stockmarketmovers.co.nz   

Normal service resumes this week on the podcast as I review the major stock market related news on the NZX.  The big news on the NZX was the downgrade of Air New Zealand profits which caused the stock to drop 12% on the day which no doubt caused at least some of the nearly 26 thousand shareholders some stress.  We also talk about the update from casino operator Sky City who had what I would call a normalisation of their profit expectations.  I also discuss the Oceania Healthcare interim report which will no doubt be interesting for any holders or retirement stock.  Finally I finish off with a quick book review from an excellent short book I read earlier in the year called Zero to One by Peter Thiel.

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Listen in by searching Stock Market Movers on Spotify, Apple or wherever you get your podcasts.  If you are looking to get in touch or would like more information go to www.stockmarketmovers.co.nz  

A different type of episode this week.  I do a deep dive into MOA Group Limited, I sample some product, talk about the competitive landscape, discuss growth, do some numbers around valuation and talk about the company's prospects.  While I am there I find time to talk about some of the companies in the alcohols industry as well as some numbers on beer consumption in New Zealand

This is the first episode where we have done a really detailed analysis on a stock.  Remember that the information given is based around my opinions on what I have read and learnt about the company.  It is therefore subjective and should be taken with a grain of salt.  I have done my best to keep everything as accurate as possible but no doubt made a mistake somewhere along the line. 

 Listen in by searching Stock Market Movers on Spotify, Apple or wherever you get your podcasts.  If you are looking to get in touch or would like more information go to www.stockmarketmovers.co.nz 

With virtually no companies reporting interesting updates it is a quiet time of year for company news on the NZX.  Because of this I thought we would do something a little bit different to normal on the podcast this week.  This week therefore is more of an educational episode.  The first thing we talk about is details of a trade that I have opened and closed recently, we go through how I identified the opportunity, my research process, the mistakes I made and how it ended.  The second thing we talk about is a bit of a refresh on the right way to think about stock prices - what matters and what doesn't.  And finally we do an update from one of our earlier episodes on the investing landscape in the marijuana industry and what to look out for.  

Listen in by searching Stock Market Movers on Spotify, Apple or wherever you get your podcasts.  If you are looking to get in touch or would like more information go to www.stockmarketmovers.co.nz

Episode 22: in the first episode of 2019 I discuss Pushpay and the announcement that they have reached their goal of being cash flow break even by December 2018.  The big news being that they processed US$5 billion in transactions throughout the year.  We discuss Kathmandu and their Christmas sales which missed their targets and disappointed the market.

Then I do a forward wrap of 2019 and discuss where the NZX is heading in terms of IPOs, I give some ideas for companies on annual reports and then end the show with some advice for 2019.

Listen in by searching Stock Market Movers on Spotify, Apple or wherever you get your podcasts. If you are looking to get in touch or would like more information go to www.stockmarketmovers.co.nz