Veteran fund manager Dr Manny Pohl AM is sticking with one of his best bets in the market, Seek, calling the short seller attack against the online jobs classifieds operator a cheap shot.
Pohl was an early backer of Seek, with the company’s shares sitting in his portfolio since they listed at $2.10 in 2005. It’s a punt that has paid off in spades, with Seek’s shares trading over $22 and the company delivering a steady flow of dividends.
During the month we read with interest the NTA Report* which is produced by Bell Potter’s LIC/ LIT researcher Hayden Nicholson. Flagship Investments Limited (Flagship) is identified as a strong performer as per Table 1 noting LICs that invest in Large and Medium Australian companies, with Flagship’s comparative NTA and Share Price performance well above […]
Flagship Investments is proud to announce it has been awarded Top Performer in the Best Smaller Fund category by Investors Choice Awards 2020 in the APAC (Asia-Pacific) region. We are pleased to have been recognised for our consistent work and philosophy. Read the Press Release here. Click here to read more.
In the last six months, the phrase “new normal” has been used to describe the overhaul of every element of daily life. Since the world’s introduction to COVID-19 every activity that was part of our day to day life has been disrupted, cancelled or reimagined in the name of public health and safety. And as […]
As stage one restrictions are lifted in Australia and we feel there is light at the end of the tunnel it is interesting to observe the reactions and actions taken by the investment community over the last 3 months. Trend data suggested that retail investors had become substantially more active across the securities market. This […]
While we sit in the middle of government mandated self-isolation I have had many people e-reach out and ask how do I buy shares? This question has come from friends and family, from all levels of income, from all occupations. And at its heart it is relatively simple to answer – the more important question […]
News about the coronavirus (COVID-19) has been as prevalent as the virus itself, the overwhelm of information (and in some cases misinformation) has had an impact throughout the country and particularly in financial markets across the globe. At Flagship Investments Limited (FSI) we are not qualified to assess the humanitarian impact of the virus, nor […]
Before we begin to wind down for the year, I thought I would take the opportunity to provide some thoughts on the politics at play in the world, the continued development of our business, the performance of our portfolio, its attribution and insights into two of our recent investments. Looking back, a new world order […]
November marked our 22nd Annual General Meeting which was held in Brisbane on the 8th of November. The formalities of the meeting were dealt with quickly and gave our Shareholders an opportunity to discuss the performance of the Company in the financial year to 30 June 2019 and to preview what’s next in 2020. As […]