Regional Express – 1HY18 results

Click here to see my original post on Rex. It was a solid half year result for Rex. No surprises and my views are pretty much the same as my last post. A few points to highlight: The passenger and load factor increases were the main driver of the 60% increase in profit before tax.Read More

CV Capital – 28 Feb 18 update

To my fellow shareholders, The second half of February was good for CV Capital. Not only did some of our stocks post good results during the reporting season which saw their share price rise, I also managed to make our first investment. I actually made two new investments for CV Capital. The first company isRead More

Capral FY2017 results

See my original post on Capral here. The floor didn’t cave in and the stock price went higher. When I wrote my original post, my opinion was that the market at that time was pricing in a bad result for FY2017. Turns out, the FY2017 result was actually pretty decent. FY2017 results were pretty similarRead More

Schaffer – cracker 1HY18 result

See my original post on SFC here. Howe Leather Howe Leather hit the ball out of the park with it’s 1HY18 result. The biggest surprise to me was the improvement in earnings margin. To illustrate how big an improvement this was, the table below compares my estimate of the 1HY18 EBIT margin to historical EBITRead More

CV Capital – 16 Feb 18 update

To my fellow shareholders, Our one month milestone has passed. Although the market (ASX 200 index) fell by 3.5% from 6,121 (close at Friday, 2 Feb 2018) to 5,904 (close at Tuesday, 6 Feb 2018), individual stocks which I have been monitoring did not fall to levels which I felt gave us a big enoughRead More

Another cuppa, moms and dads?

I was inspired to write this post after reading a recent article in the SMH by Noel Whittaker. Cappuccino or latte (cafe latte) is about $3.50 in Sydney. Can you build a nest egg just by forgoing one cuppa a day? You bet. As a parent with a young toddler, I believe starting an earlyRead More

CV Capital – 30 Jan 18 update

To my fellow shareholders, As one of my first post on CV Capital (CVC), I would like to talk about my investing philosophy. I think it is important that you have a good understanding of my investing strategy as I believe it will: Help you understand how I hope to achieve the investment returns AlignRead More

Day 1

Today (15 Jan 2018) is the start of CV Capital (CVC). Our starting capital is made up of cash (circa 35%) and listed securities (65%). The securities were part of my capital contribution and I took today’s closing prices as the value of my capital contribution. I intend to transfer most if not all ofRead More

CV Capital

Ground Rules I’ve recently set up a private investment company, CV Capital.  The main purpose of setting up this investment company is for long term wealth creation and to get an audited track record of investment performance. Most of my net worth (outside the family home) will be invested into the company. I thought IRead More