The Australian Stock Exchange half year reporting season just ended has seen good results for the companies we have invested in. This, together with the asset allocation method we have developed over the last two years, has seen the August Investments share valuation up by 5% in just over two… read more →
The half year reporting season has started well. Results out for two companies, Tassal (ASX: TGR) with a profit per share increase on the previous half year of 41.5% and MyNetFone (ASX: MNF) with profit up 44.5% ps. Both have increased cashflow and increased dividends.
An interesting speculative investment opportunity has emerged in Vmoto (ASX: VMT). Vmoto design and manufacture motor scooters, but now concentrate on electric scooters. They have a small presence in Europe, but during 2013 they opened a factory in China and sales there have outstripped all expectations. They supply electric scooters… read more →
The second half of 2013 continued to be financially successful: the value of each August Investment share (including dividend) was up by 12.2%. The Total Shareholder Return for the full 2013 year was 20.8%. Shares were valued at $218.82 per share, with new shares being issued at $220 per share.