Value Investing in my Circle of Competence, Hurdle Rate

Hurdle Rate

Value Investing in my Circle of Competence

The name “Hurdle rate” was inspired by none other than Mark Leonard of Constellation Software, and their prolific use of a fixed hurdle (discount) rate for their investments. Had you invested into Constellation Software at the time of their IPO as an Australian Investor you would of seen your investment multiply by >100x or (>35% CAGR), an enviable record (Updated March 2023).

Equity Bottom-Up

<ul><li>Centrepoint Alliance (ASX:CAF) is an Australian financial services business providing licensing in both financial and credit advice along with a managed portfolios business and support services such as assistance with Xplan implementation (Financial Planning software.</li><li>Centrepoint is a business I have been following for many years, having owned it myself in the past when it was a net-net.</li><li>Back then it was paying significant amounts of cash to legacy clients claiming remediation for fee-for-no-service complaints. </li></ul>

Centrepoint Alliance (ASX:CAF) is an Australian financial services business providing licensing in both financial and credit advice along with a managed portfolios business and support services such as assistance with Xplan implementation (Financial Planning software.Centrepoint is a business I have been following for many years, having owned it myself in the past when it was a net-net.Back then it was paying significant amounts of cash to legacy clients claiming remediation for fee-for-no-service complaints. 

Australia

Prospa Group Limited provides consumer financing services. The Company offers business loans for the sectors such as retail, hospitality, health care, trading, franchise, and professional services. Prospa Group serves customers in Australia.

FSA Group Limited administers debt agreements and debt consolidations which are entered due to bankruptcy conditions.  The Group provides debt relief to people and entities in financial distress .

Solvar Limited provides consumer lending services. The Company specializes in automotive finance for new and used vehicles and personal loans for a variety of needs. Solvar serves customers in Australia and New Zealand.

EML Payments Limited is a financial services company that specializes in pre-paid financial cards.

FleetPartners Group Limited provides vehicle fleet leasing, fleet management, and diversified financial services. The Company offers consumers and businesses access to funding solutions including fleet leasing, vehicle sales, commercial equipment finance, and consumer motor vehicle finance. FleetPartners Group serves customers in Australia and New Zealand.

Credit Corp Group Limited provides collection and credit management services in Australia.  The Company purchases charged-off and delinquent debts and also provides document serving and field call services, debtor location services and legal services.

Pengana Capital Group Limited operates as a funds management company. The Company focuses on investments in listed equities and fixed income securities. Pengana Capital Group also offers portfolio management and consulting services. Pengana Capital Group serves clients worldwide.

Auctus Investment Group Limited operates as an investment manager. The Company invests into companies and platforms operating in growth sectors with strong tailwinds and significant potential to scale. Auctus Investment Group serves customers in Australia.

Earlypay Ltd provides commercial financing services. The Company offers credit solutions and accounts receivable financing services. Earlypay serves customers in Australia.

BlackWall Property Funds Ltd. manages property funds.  The Company offers fund and investment management, property management and administration, and development management services.  The portfolio of properties includes commercial, retail, industrial, self-storage and hospitality buildings.

Zuoli Kechuang Micro-Finance Company Limited focuses on providing credit-based financing solutions to Deqing's fast-growing SME and microenterprise sector.

Amanah Leasing PCL provides financing services for the purchase of new and used automobiles.

Phatra Leasing Public Company Limited provides leasing services to corporate entities. The Company primarily focuses on operating leases by providing assets to lessees who have the right to utilize them, while the Company still retains ownership of the assets.

Mida Assets Public Company Limited sells electrical home appliances, home furniture, and motorcycles through its retail stores throughout Thailand. The Company also provides hire purchase financing to its customers.

Capital Trade Links Ltd offers a wide spectrum of financial services for trade and industry.

Group Lease Public Company Limited provides motorcycle hire purchase in Bangkok, asset financing and personal loan.  The company also provides related services such as registration and insurance services.

PT Batavia Prosperindo Finance Tbk offers vehicle purchase financing services.

Sakthi Finance Ltd. is active in hire purchase financing and leasing.

PT Radana Bhaskara Finance Tbk provides financing for motorcycles and cars. The Company has been operating since 2005 and is based in Java and Sumatra, Indonesia.

Weizmann Forex Ltd. offers money changing services.  The Company operates a chain of shops that offer foreign exchange services; demand drafts; telegraphic transfers; prepaid travel cards; traveller's checks; travel, life and general insurance; mutual funds; branded gold coins; and inbound money transfers.

Centrepoint Alliance Limited provides a range of financial services in Australia, New Zealand and Hong Kong.  The Company offers insurance premium funding products for the commercial insurance market, credit risk management services, equipment leasing, commercial financing broking, commercial and residential mortgages and short term loans.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Centrepoint Alliance (CAF AU)

Centrepoint Alliance (ASX:CAF)

Centrepoint Alliance (ASX:CAF) is an Australian financial services business providing licensing in both financial and credit advice along with a...

Hurdle Rate

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)