Several equities have been disposed of over the last few weeks after we changed our assessment of their viability. Carnegie Clean Energy (ASX CCE) has sold its strongest asset, Energy Made Clean, into a merger with unprofitable ASX listed venture TAG Pacific (ASX: TAG) to form a new company MPower… read more →
The windup process is now underway with the first increased dividend paid in June. We have been slowly selling off listed equities if they show any weakness. We will get serious on those still held in the first half of 2019 – may as well make profit for shareholders while… read more →
The dividend due in June 2018 has been increased from $7.00 per share fully franked to $20.00 per share fully franked. This is the start of the capital return process outlined to shareholders earlier this month.
Several new investments have been made recently. We have reinvested into Energy Action (ASX: EAX). We divested because financials were deteriorating. This has reversed and the company represents value at current prices (Light green: value grade C3). Class Ltd (ASX: CL1) provides software services to self managed super funds in… read more →
MNF Group (ASX: MNF) have released their half year results. While most ratios are looking good (Profit, for example is up 25% on previous period) there has been a dramatic decline in Operation Cashflow. Some of this can be explained by a reversal of a dramatic increase in cashflow in… read more →
Our approach to ethical investment has delivered for the 2017 calendar year. The August Investments portfolio gave investors a return of 14.5% over the year*, compared to – say – the ASX All Ordinaries Index, which increased by 7.8%. The increase in our portfolio over December was 1.23%, bringing the… read more →
Lots of investment news and movements. Some of these are: Aconex Ltd (ASX: ACX) has received a takeover offer. This was at a price 44% greater than recent trades, almost double August Investments’ average entry price and the share price has moved close to the offer price of $7.80. We… read more →
Noel Ferguson has been appointed to the board of August Investments. Noel is an eco focused investor and the principal owner/manager of The Merchant of Welby, one of Australia’s leading antiques businesses. He first invested with August Investments in 2016 and has already provided valuable support to the company. His… read more →
Windlab Limited (ASX: WND) is an existing business recently listed on the ASX. It is a profitable renewable energy development company. Windlab participates in wind generation projects internationally from inception through development, financing, construction and the asset management of operating wind farms. It is a useful addition to the small… read more →
A dividend of $7.00 per share (2016: $6.00) has been declared to be paid on 1 December. Together with the dividend paid in June, 2017, this take the dividends for the year to $14.00 per share, an increase of $2.00 per share (or 16.6%) on 2016. All dividends are 100%… read more →