chasingvalue

To my fellow shareholders, I wish everyone a happy and prosperous new year. Overall, 2021 has been a year of many economic challenges; China sanctions on Australia’s exports, lockdowns in Sydney and Melbourne during the Delta variant outbreak, significant fall in iron ore prices and continued border closure which significantly impacted tourism, hospitality and education… Continue reading CV Capital – 31 Dec 20 Year End update

To my fellow shareholders, In our March 21 update, I spoke about the bubble in the US stock market. Since then the stock markets in US and Australia has strengthened. The ASX 200 hit a high in mid-August before closing Q3 at similar levels to Q2. This is despite numerous economic events which could have… Continue reading CV Capital September 21 quarterly update

Our accountant has finalised our 30 June 2021 accounts and we will be sending out our FY21 financial statement to all shareholders shortly. We are announcing an inaugural FY21 fully franked dividend of 19.4 cents per share (made up of 5.8 cents in franking credits and 13.6 cents in cash) which will be reinvested (or… Continue reading CV Capital – announcement of FY21 dividend

To my fellow shareholders, The ASX 200 has closed the chapter on the pandemic. At the end of June, the index closed at 7,313 points which is higher than its pre-pandemic level.  As I write this, Sydney, Brisbane and Perth are all in some form of lockdown due to outbreaks of Covid’s Delta variant. The… Continue reading CV Capital June 2021 quarterly update

To my fellow shareholders, I know I sound like a broken record when I say that I’m concerned about the strength of the stock market, but in the first quarter of 2021, the market climb has picked up pace. In fact, it’s not only the stock market which has been going up, bond prices are… Continue reading CV Capital March 2021 quarterly update

To my fellow shareholders, A very happy new year to all of you. Personally, I’m relieved 2020 is over and will be happy to forget last year. It has been a devastating year for me personally as I lost someone dear to me in my family. So I do hope 2021 brings better health, happiness… Continue reading CV Capital – 2020 calender year

To my fellow shareholders, It appears that the economy is recovering from Covid-19. As I write this, the long talked about Australia-New Zealand travel bubble is finally happening and some state borders are also reopening. NSW has not had a single locally transmitted case in the past 7 days and even Victoria has gotten its… Continue reading CV Capital Sept 20 quarterly update

To my fellow shareholders, Since my last report, the market has staged a remarkable rebound from the March lows. At the end of June the ASX 200 is up close to 30% from the low set on 23 March 2020. It is fascinating to watch optimism return so quickly in spite of: RBA projecting GDP… Continue reading CV Capital June 2020 – quarterly update

To my fellow shareholders, The world has been turned upside down from a microscopic parasite since my last update so there is plenty to discuss and I will break down this report into the following sections; coronavirus epidemic, market reaction, portfolio performance, fund activity and near term strategy.

To my fellow shareholders, Following on my 31 Dec 19 quarter report, I would like to provide a quick update on the FY2019 results (our 2nd year milestone was passed on 14 Jan 20). Last year has been a fantastic year for stocks. Most major stock markets in the world experienced eye-watering gains and the… Continue reading CV Capital – FY2019