Author: therawinformant

As I’ve mentioned here previously, I like to keep an eye on substantial shareholder notices.

This is because these notices give you an idea of which shares large investors, asset managers, and investment funds are buying or selling.

Two notices that have caught my eye today are summarised below. Here’s what these fund managers have been buying:

Corporate Travel Management Ltd (ASX: CTD)

A notice of initial substantial holder reveals that ECP Asset Management has been buying this corporate travel specialist’s shares. ECP is an active investment company which has beaten the market since 2010. It likes to invest with a long term approach in companies with durable competitive advantages and a sustainable business model.

According to the notice, ECP was buying shares last week. These latest purchases pushed its holding to a total of 5,611,329 shares. This represents a 5.15% stake in Corporate Travel Management. With the company’s shares down 42% from their 52-week high (even after a strong gain today), it appears as though this fund manager sees a lot of value in them.

Infomedia Limited (ASX: IFM)

A notice of change of interests of substantial holder shows that WAM Capital Limited (ASX: WAM) has been increasing its stake in this automotive software company. WAM is a leading fund manager founded by Geoff Wilson AO.

According to the notice, WAM has been on a buying spree since the start of May and has grown its position by 7.2 million shares since its last notice at the end of April. This means WAM now owns a total of 24,034,732 shares, which represents a 6.42% stake in Infomedia. When the fund manager first started to top up its holding, Infomedia’s shares were down 37% from their high. This appears to have been a level which WAM felt was undervalued. But given that it was still buying shares as recently as last week, it must still see value in them today.

More reading

• Flight Centre share price and other ASX 200 travel shares look set to continue rising
• Will the Qantas share price crash back to Earth?
• We’re in recession. What does that mean for investors?
• ASX 200 rises 0.8%, travel shares fly higher
• This ASX 200 stock is well placed to beat earnings expectations

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Infomedia. The Motley Fool Australia owns shares of and has recommended Corporate Travel Management Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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It’s a rare ASX share which can give investors both growth and income. But that’s exactly what we’re trying to find today. Normally, investors either stick with a ‘growth strategy’ or an ‘income strategy’ but with Magellan High Conviction Trust (ASX: MHH) and NIB Holdings Limited (ASX: NHF) shares, we’re looking for both. 

Why wouldn’t you want the benefits of a growing company and one that pays you income along the way? 

Magellan High Conviction Trust 

This Listed Investment Trust (LIT) from Magellan Financial Group Ltd (ASX: MFG) is geared for growth. It only invests in 8-12 companies that Magellan decides are the ‘best in the world’. Right now, this includes Alibaba, Alphabet, Microsoft and Visa.

I think this trust is a great long-term investment for both growth and income. It’s built to harness the potential of companies that compound earnings growth at market-beating levels. All of its holdings also operate in growth industries like e-commerce and cashless payments.

But there’s potential for income, too. MHH aims to pay a decent 3% distribution yield every year to its investors. You can either take this in cash or choose to reinvest it for a 5% discount – a nice perk. For its exposure to some of the best growth companies in the world as well as its shareholder-friendly dividend policy, I think MHH is a top buy today for both growth and income.

NIB Holdings 

NIB is the second-largest ASX-listed health insurance provider after Medibank Private Ltd (ASX: MPL). Even though NIB shares have recovered substantially since March, the NIB share price remains well below its 52-week high of $8.20 today. Thus, I think it could be a great time to pick up this company on current prices ($4.69 at the time of writing).

NIB has a long history of providing both growth and income for ASX investors. Its shares have almost quadrupled over the past decade and it has grown its dividend meaningfully over the same period. Right now, NIB is offering a trailing 4.81% dividend yield, fully franked.

The private health insurance industry is facing a few headwinds in the coming years, including expensive premiums and falling membership from young Australians. But the importance of this industry towards government expenditure on healthcare will give providers like NIB accommodative government policy which, in my view, will ensure its prosperity in the years ahead.

Thus, I think this ASX company is a good long-term buy today for both growth and potential income down the road.

More reading

• Top brokers name 3 ASX 200 shares to sell next week
• ASX 200 rises 0.8%, travel shares fly higher
• 5 things to watch on the ASX 200 on Thursday
• ASX 200 investor in your 40s? 3 shares to buy now
• Ready to invest your first $1,000? Try these 2 ASX shares

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Sebastian Bowen owns shares of Alphabet (A shares), Magellan High Conviction Trust, and Visa. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Alphabet (A shares) and Visa. The Motley Fool Australia has recommended Alphabet (A shares) and NIB Holdings Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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I think that 2020 has taught us some very interesting investing lessons so far.

The S&P/ASX 200 Index (ASX: XJO) has been on an incredible journey this year. Between the start of the year and the February 2020 peak the ASX 200 rose 7%. From that peak the ASX then dropped 36.5% to 23 March 2020. From that low it’s risen 35.2%. What a ride.

I believe there are a number investing lessons already this year:

Volatility can strike at any time

At the start of the year it seemed as though everything was lining up for a great year. Brexit uncertainty was passing. The trade war between the US and China seemed to be settling down. Australia’s property market seemed to be in a good position.

Who would have thought that the market would have dropped 35% by March 2020?

Sometimes there are uncertain events in investing that can suddenly pop up out of nowhere. That’s why I think it’s a good idea to always have a bit of cash on the side to take advantage of those opportunities.

Be greedy when others are fearful

This is certainly not a new lesson for some people, investing legend Warren Buffett has been telling us that for a long time.

But for many Australian investors, this is the first time that they’re seeing Australia in a recession. Plenty of people are fearful about what the economic effects of the coronavirus will be.

Share prices don’t magically drop on their own. There has to be genuine fear for a particular reason, such as a global pandemic. When you look at the share price graphs, it’s these selloffs that present the lowest share prices. So, you just have to be brave and greedy at times like this (or to be more precise, in March). You don’t know whether the market will drop 10%, 20%, 30% or more.

Investing is for the long-term

What’s happening in 2020 is some of the most challenging global circumstances in a century.

But it will pass. And governments and central banks have provided enormous support. 

The world moved on from the GFC. It recovered from the Spanish Flu. The earnings in FY20 and probably FY21 will be affected. But by FY22 things could be back to normal.

We need to be investing for the long-term with our hard-earned money. There will be future bumps along the way, we just need to be brave, stay invested and keep investing.

More reading

• Chief analyst expects Australian share market to continue rising, says ASX 200 could approach 6,600 in the weeks ahead
• Leading brokers name 3 ASX 200 shares to buy today
• Flight Centre share price and other ASX 200 travel shares look set to continue rising
• Will ASX 200 shares hit a record high in June?
• ASX 200 jumps 2.5%: Big four banks surge higher, CSL announces an acquisition

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The MyFiziq Ltd (ASX: MYQ) share price is zooming higher today after the company announced the launch of a new revenue stream.

About MyFiziq

MyFiziq is a technology company that uses pictures from a smartphone to create a representation of a person in the form of a 3D avatar.

The company leverages computer vision, machine learning and patented algorithms to process images and deliver 97% accurate body measurements, with a repeatability of 98%.

Using the gyroscope, front camera, camera burst mode, speaker, screen and light sensors in a smartphone, MyFiziq is able to generate a set of front and side pictures in a single user experience – without the need of another person.

Partners embed MyFiziq’s technology into their new or existing apps and then customise the experience to satisfy their branding requirements. These partners operate in several industries, including health and fitness, insurance, and medical.

What did MyFiziq announce?

This morning, MyFiziq announced that its integration within the Evolt Active application has been launched on the Apple app store.

MyFiziq’s partnership with Evolt360 Technologies was announced in April last year. The partnership sees the Evolt Active application offer in-app body scanning using the MyFiziq technology.

For some background, Evolt is a technology-driven health and wellness company focused on connected and digital health. The company has an FDA-approved intelligent body scanning device that is purchased and supported by leading names, including F45, Anytime Fitness, KPMG, and HCF. The device costs between $12,000 and $20,000 each and the scans it performs are made available to consumers for between $30 and $50.

The next step for Evolt is enabling its 500,000+ active user base to track changes in their body dimension more regularly and in the privacy of their own home. This has been made possible by MyFiziq’s technology, which has now been integrated into Evolt’s iOS application.

According to MyFiziq CEO Vlado Bosanac, Evolt has committed to targeting an initial 100,000 active users onto the joint offering in the first 12 months. In return for the integration of its technology, MyFiziq will receive $2.99 per month per user.

If the initial target user numbers are achieved, MyFiziq will meet an initial break-even position based on current monthly burn.

Commenting on today’s update, Mr Bosanac said:

“The application has been through rigorous testing in readiness for this launch. I am pleased to say the application is performing well on all fronts. The look and feel of the application is a credit to both teams. We are looking forward to supporting Evolt with its launch, users, downloads, and usage.”

After surging as much as 21.82% in early morning trade, the MyFiziq share price is currently sitting 5.46% higher for the day at 29 cents per share. This takes the company’s market capitalisation to around $32 million.

More reading

• NIB Holdings and 1 other ASX share which I would consider buying for growth and income
• What 2020 has taught us about investing
• 3 safe and strong ASX 50 shares to buy right now
• Can the Boral share price continue to rise?
• Chief analyst expects Australian share market to continue rising, says ASX 200 could approach 6,600 in the weeks ahead

Motley Fool contributor Cathryn Goh has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The S&P/ASX 50 index is home to 50 of the largest and most liquid shares listed on the ASX by float-adjusted market capitalisation.

While this doesn’t necessarily mean that they are the best shares to invest in, there are a number on this index that I believe would be safe and strong options for investors.

Three that tick a lot of boxes for me are listed below:

BHP Group Ltd (ASX: BHP)

The first ASX 50 share I would consider buying is BHP. I believe it is the highest quality option in the resources sector due to its diverse, low cost, and world class operations. In addition to this, with the prices of many of the key commodities it produces remaining favourable, I believe BHP is well-positioned to deliver strong results in both FY 2020 and FY 2021. In light of this, I think the risk/reward on offer with its shares at the current level is compelling.

Cochlear Limited (ASX: COH)

Another  ASX 50 share which I would consider buying is Cochlear. It is a hearing solutions company which specialises in cochlear implantable devices. Given that its products are among the best in their class, I believe Cochlear is well-positioned for growth over the long term due to an expected increase in demand as populations age. The WHO estimates that there will be 1.5 billion people over the aged of 65 by 2050. This will be almost triple the number of over 65s globally 2010.

Transurban Group (ASX: TCL)

A final ASX 50 share to consider is Transurban. It is a toll road operator with a number of key roads in Australia and North America. Its performance is likely to underwhelm in the immediate term due to a collapse in traffic during the pandemic. However, with things now normalising, I believe it could be a great time to consider a long term and patient investment.

More reading

• Are the Rio Tinto, Fortescue and BHP share prices a buy right now?
• ASX 200 Weekly Wrap: ASX bulls crash through 6,000 points
• 3 high quality ASX dividend shares you can buy today
• 5 things to watch on the ASX 200 on Tuesday
• 3 quality ASX 200 shares to buy and hold until at least 2030

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Cochlear Ltd. The Motley Fool Australia owns shares of Transurban Group. The Motley Fool Australia has recommended Cochlear Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Boral Limited (ASX: BLD) share price has risen by 46.7% since the turn of the market on 22 May. It remains down year to date but could be heading higher with sales likely to benefit from the government’s ‘HomeBuilder‘ stimulus package. Boral shares are selling at a current price to earnings ratio (P/E) of 25.59, 3 points higher than their 10-year average. 

The construction materials manufacturer has seen poor performance in recent times and the sudden jump in the Boral share price has caught many investors unaware.

What’s driving the Boral share price?

With more than a 45% leap in only a couple of weeks, the Boral share price is appreciating faster than many of its S&P/ASX 200 Index (INDEXASX: XJO) peers. There are a number of factors at play here. 

Firstly, the company won a legal battle against Wagners Holding Company Ltd (ASX: WGN) in Queensland last week. Boral is Wagners’ largest cement customer and was accused of trying to force down cement contract prices. As a result of the ruling, Boral will continue to purchase cement from Wagners until 2031 at lower rates, reflecting competition in the marketplace.

This followed a snap investment by Kerry Stokes’ company Seven Group Holdings Ltd (ASX: SVW), purchasing 10% of the company. Seven Group capitalised on a shake up in the MSCI index last week, buying the Boral shares as investors off loaded them prior to the company being moved out of the index. 

I believe Seven Group is likely to push for a seat on the Boral board. It may also increase its shareholding in a bid to bolster its influence. 

What are the issues for Boral?

Boral posted a reduction in interim profit of 39% in February amidst a weak outlook for Australian sales. The Boral share price has also had a generally lacklustre performance over the past couple of years. The company is, however, currently undertaking a strategic review with Macquarie Capital and Flagstaff Partners. It is also searching for a replacement for current CEO Mike Kane.

Furthermore, talk of asset sales are swirling around the company. Some industry analysts are suggesting the US-based stone business would be easiest to divest, with Boral’s light building products being substantially harder to move. In September 2019, however, investment banker John Wylie approached Boral’s chairman suggesting a company break-up. Boral chose to reject this recommendation.  

Foolish takeaway

I believe the Seven Group position in Boral, combined with a strategic review underway, bodes well for the Boral share price. With positive market sentiment likely to continue in the short term, and action afoot to correct lagging performance, I believe we will continue to see rises in the Boral share price.

More reading

• Fund managers have been buying these ASX shares
• This embattled ASX 200 company could be the next M&A target
• These ASX shares are set to get a big boost from the next big government stimulus
• These 5 ASX 200 shares were last week’s biggest winners
• ASX 200 Weekly Wrap: Surging bank shares push ASX toward 6,000

Motley Fool contributor Daryl Mather has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The S&P/ASX 200 Index (ASX: XJO) is going bananas today – there’s no other word for it (well, polite enough to publish that is).

At the time of writing, the ASX 200 is up another 2.51% to 6,149 points – smashing through the 6,000-point mark once again after last week’s dalliance.

ASX investors might now be wondering if this rally is getting a little overheated, especially if you consider the ASX 200 has added more than 12% in just the last month.

But one analyst is predicting this could just be the start of a new rally.

Dale Gillham, chief analyst of Wealth Within has just told the Australian Financial Review (AFR) that he expects the ASX 200 to continue to power ahead in the coming weeks.

The AFR quotes Mr Gillham as stating:

I expect the [Australian] market to continue to rise over the next few weeks into mid to late June, although there is a possibility it could continue to rise into July… There is some short-term resistance around 6200 points, however, I believe the market will most likely move through this to the next level of resistance at around 6600 points over the next two weeks.

This comes after markets around the world take off after their shellacking in March. The US Nasdaq index hit all-time highs overnight (yes, you read that right). Meanwhile, late last week the Dow Jones Industrial Average crashed through the 27,000 points mark for the first time since early March.

Back home on the ASX 200, we are now at levels we saw in early 2019 – and before that just prior to the global financial crisis back in 2007.

What’s next for ASX 200 shares?

If Mr Gillham is right, we look set to enjoy a fantastic few weeks on the ASX boards. An ASX 200 at 6,600 points would represent a further upside of another 7.3% for ASX shares.

Whilst this is obviously good news for investors, I am starting to get worried that the ASX 200 is becoming even further detached from reality. Yes, the threats from the coronavirus pandemic seem to be receding. But the damage the economy will sustain is still vast – and the true extent of this damage is not completely clear right now.

The ASX 200 is pricing in a rapid recovery. I think the heights of the ASX 200 might be questioned down the road if nothing short of a flawless return to a pre-coronavirus level of economic activity takes place.

But for now, let’s all enjoy the rampant bull market and keep our fingers crossed that I’m being too pessimistic!

More reading

• What 2020 has taught us about investing
• Leading brokers name 3 ASX 200 shares to buy today
• Flight Centre share price and other ASX 200 travel shares look set to continue rising
• Will ASX 200 shares hit a record high in June?
• ASX 200 jumps 2.5%: Big four banks surge higher, CSL announces an acquisition

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The “new normal” of remote working has brought about a change in the types of service businesses require. It is out with the old world of physical infrastructure and hardware and in with the new world of cloud computing and software-as-a-service (SaaS). For many businesses and corporations, this pandemic could have long-lasting implications for how their people work. But ASX growth companies, Dubber Corp Ltd (ASX: DUB), LiveTiles Ltd (ASX: LVT) and ELMO Software Ltd (ASX: ELO) are helping businesses adapt to these new working environments.

Dubber 

Cloud-based call recording software developer, Dubber has seen its share price surge in recent weeks. Despite plunging to a 52-week low of $0.38 in late March,  Dubber’s shares have rebounded over 200% to $1.215 at the time of writing. This is fuelled, in part, by recent news that it is acquiring Australian call recording company, CallN.

Dubber uses AI technology when helping corporate clients analyse voice data to deliver business insights and improve customer service. Being cloud-based, the company’s SaaS model doesn’t rely on physical hardware. This means it has quickly adapted to the paradigm shift in working conditions caused by the coronavirus pandemic.

In the March company update, Dubber reported quarter-on-quarter revenue growth of almost 9% to $2.61 million. Dubber is experiencing record demand for its services as more companies transition to remote working arrangements.

LiveTiles

Long-undervalued LiveTiles is another cloud-based software company primarily servicing corporate and government sectors. It specialises in the development of collaborative digital working environments such as company intranet portals and homepages.

The LiveTiles share price has also staged a strong recovery since hitting a 52-week low of $0.11 in mid-March. Its shares have surged 150% to $0.275 as at the time of writing. But, while that is a solid rebound, its shares are still trading well-short of the $0.60 52-week high struck in July 2019. This means there’s still room to offer significant value for new investors.

LiveTiles has developed a strong relationship with international technology and software behemoth, Microsoft Corporation (NASDAQ: MSFT). The company has developed a number of programs designed to work with Microsoft Teams; Microsoft’s online collaboration and communication platform. Microsoft Teams is the fastest-growing application in its history. This growth has been accelerated during the COVID-19 pandemic with many corporations using the software from home offices.

In LiveTiles latest quarter update, it reported 60% year-on-year growth in annualised recurring revenues to $55.2 million. Cash receipts were also up 109% to $10.9 million for the quarter.

ELMO Software

After surging from a 52-week low of $3.66 in late March to be back up at $8 by early May, ELMO shares have come off the boil recently. Over the last month, shares slide almost 15% and are currently trading at $6.48.

The company’s share price originally surged with the news of completing a $70 million capital raising. The company stated that the placement, which closed oversubscribed, would finance a pipeline of acquisitions and growth opportunities. ELMO reaffirmed its full-year guidance for total revenues of between $50 million and $52 million.

Elmo Software develops human resources and payroll solutions for business clients. Its suite of software helps manage the full employee lifecycle from recruitment and onboarding through to performance management, professional development, remuneration and succession planning. Its cloud-based SaaS business model is well-suited to supporting businesses adopting remote working arrangements.

More reading

• 3 small cap ASX tech shares that could be stars of the future
• 2 exciting small cap ASX shares that could have big futures
• 5 exciting small cap ASX shares to watch in June
• Are these exciting small cap ASX tech shares the next Afterpay?
• 3 under the radar ASX tech shares to watch

Rhys Brock owns shares of Dubber Ltd, Elmo Software, and LIVETILES FPO. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Elmo Software. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of LIVETILES FPO. The Motley Fool Australia has recommended Elmo Software and LIVETILES FPO. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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This week Air New Zealand Limited (ASX: AIZ) CEO Greg Foran released an announcement regarding the airline’s future. It seems as though this update has had a significant effect on the Air New Zealand share price. Foran outlined a plan for the next 800 days and detailed what is to take place for the airline to “survive, then revive and finally thrive”, as he put it. 

Why did the Air New Zealand share price jump today?

The main reason for today’s Air New Zealand share price increase comes from the cost-cutting outlined in the CEO’s announcement. The airline’s survival plan will run until August 2022 and will include additional staff cuts to the 4,000 who have already been laid off. The market has responded positively to news that the CEO aims to cut its wages bill by NZ$150 million.

In addition to staff cuts, the airline has deferred expenditure on new aircraft, hangars and parking. It has also sought savings on supply contracts, leases, executive roles, office space and company vehicles. Mr Foran added that Air New Zealand is “leaving no stone unturned” when it comes to cutting costs. 

The company’s revive phase, which is planned to begin from 1 September, will see a much smaller airline working to recover from the recent coronavirus crisis. Come the 800-day mark the business will enter its “Thrive stage” where digital operations will become a core focus.  The report states that during this phase of the plan, “We will be a digital company that monetises through aviation and tourism in a very sustainable manner.”

“This will be a time where our customers, stakeholders, shareholders and all Air New Zealanders benefit from the hard work and innovation of the survive and revive phases of our journey.”

The Air New Zealand share price is up 126.88% today from its 52-week low of $0.80. 

More reading

• ASX airline share braces for FY20 loss and significant charges
• Is it too early to buy Webjet shares?
• 5 things to watch on the ASX 200 on Tuesday
• Why Flight Centre and Webjet shares are zooming higher today
• Leading brokers name 3 ASX shares to sell today

Motley Fool contributor Chris Chitty has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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