December Eco Investor magazine has an article by our Managing Director examining Australian Ethical Investments Ltd (ASX: AEF) as a value investment, despite large increases in the share price. A complimentary read is available here.
Tasmanian salmon farmer Tassal Group Ltd (ASX: TGR) has been named as the world’s top seafood company in an international report that benchmarks the world’s top 100 companies for sustainability reporting and transparency. Tassal achieved a Corporate, Social and Environmental Responsibility rating of excellent – only one of four companies… read more →
Carbon Conscious (ASX: CCF) provide reforestation services for carbon-capture in Australia and New Zealand. They have been off our list for a few years, but their financials seems to be coming back into order. They are back in the portfolio at around 5.5 cents. A recent report from the CSIRO… read more →
Touchcorp (see below) has reached an optimal size in our portfolio, the most most recent purchases just completed at $1.90. Average entry $1.78
We initially purchased Blackmores (ASX: BKL) just a year ago at $32.00, with purchases since to average a $35.60 entry price. We invested because of the health and environmental benefits of moving away from dangerous chemical based drugs. Yesterday Blackmores shareprice reached $200, but it has since come back a… read more →
We are impressed with this resent listed business. Touchcorp Ltd (ASX: TCH) provides mobile phone based payment services, connecting customers and businesses directly, and related services. We consider it ethically neutral. The company has a strong balance sheet, strong prospects of profit growth and seems good value at our $1.72… read more →
Overall for the three months to September the value of our portfolio has drifter upwards by 3.6% while the ASX All Ords has drifted downwards by 7.3%. Part of our success has been due to significant increases in Blackmores and Capilano Honey. However, the rises in price for these companies… read more →
We have so far survived well the current market turmoil. There has been some defensive selling, but mainly our portfolio remains intact. Since our share price high point in July, our share valuation has declined by just 3%, taking us back towards June levels.
We are becoming concerned about Redflow (ASX: RFX). The flow battery venture should be achieving sales by now, but there is no such news. If they can’t achieve sales, they are in trouble. See our previous post. We have offloaded about 2/3 of our holding.
The increase in shareholder value based on the accounts for 2014/15 is 23.5%. (This does not include the positive effect of Franking Credits held. That would be another 1.6%.) The final dividend to be paid on 1 December is also up 25% to $5.00 per share.