Australian Growth Stocks: The Big Short (Still)
Four months ago, Evidente published a post suggesting that Australian growth stocks were over-priced The Big Short: Australian Growth Stocks and...
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Aldi's Presence Makes a Return to Duopoly-Like Margins Unlikely
The Australian grocery industry continues to evolve and everyday dry groceries are likely to become even more commoditised. Aldi re-established the...
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Changing Channels, but China Demand Robust; Australian Growth Main Driver of FVE Cut for Blackmores
Blackmores reported first-quarter fiscal 2017 net profit after tax, or NPAT, of AUD 12.1 million on group sales of AUD 149 million, down 47% and...
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Financial Forensic - Part I
In this report, we identify financial forensics as an indispensable part of the short-seller's tool-kit. Specifically, we examine the role that a...
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Blackmores Infant Formula Not the Right Formula: Maintaining FVE
We retain our fair value estimate for narrow moat-rated Blackmores at AUD 154 per share, despite comments from Bega’s Executive Chairman, Barry...
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