Mockingbird Investment – Better returns through sharing ideas

June 5, 2025

Quiet Contrarian. Ep66: Trades for May 2025

Sells Nick Scali Ltd – NCK.ASX – Sold out of my last holdings of NCK, this was one of my favourite long term holdings. A high quality furniture business that was amazingly run, with high RoE, and constantly underestimated. More recently the market seems to have improved their sentiment around them (new growth story with the UK expansion). I’m not quite...

Ideas

May 14, 2025

Quiet Contrarian. Ep65: Trades for Apr 2025

Buys Cuscal Ltd – CCL.ASX – These guys are a fascinating business, the “glue” that links the payment systems together. B2B, so their customers are tier 2 and 3 banks and the payment providers (Square etc). They get paid by numbers of transactions, and the world is becoming much more “monthly”. Just listed, mainly to provide an exit for early supporters,...

Ideas

April 3, 2025

Quiet Contrarian. Ep64: Trades for Jan-Mar 2025

Just a big catch up post for the last few months. 2025 has been exciting, and painful. I haven’t seen many things that I have found particularly compelling, but that seems to be shifting a bit recently. Maybe more on that in coming months… Buys Civmec Ltd – CVL.ASX – Their Revenue was up, but profit down. The description they gave...

Ideas

January 6, 2025

Quiet Contrarian. Ep 63: Half Year Portfolio Update 2025

Portfolio Performance Well, it was bound to happen. Not a great year so far. On the upside, I haven’t lost any money, and like the gains through Sept and Oct show, it’s possible to close the gap quickily. I’m not worried yet. But will definitely do some housekeeping to round out the EOFY. Underperformed all my benchmarks this year. Haven’t...

Stories

December 3, 2024

Quiet Contrarian. Ep62: Trades for November 2024

Lots of movement, but none of it was very interesting to me… nothing to report.

Ideas

November 4, 2024

Quiet Contrarian. Ep61: Trades for October 2024

Not really much going on this month. Just topping up on existing holdings. Buys Close the Loop Group – CLG.ASX – Just topped up holding. See previous for rationale. Cogstate Ltd – CGS.ASX – Just topped up holding. See previous for rationale. Clinuvel Pharmaceuticals Ltd – CUV.ASX – Just topped up holding. See previous for rationale.

Ideas

October 2, 2024

Quiet Contrarian. Ep60: Trades for September 2024

Buys Laserbond Ltd – LBL.ASX – The market has been a bit disenchanted with LBL lately as their profit dropped significantly despite growing revenue. However, some of this was due to a change in the accounting regulations and the statutory profit reported, and so I personally don’t believe it was as bad as it sounds. They are still a high quality...

Ideas

September 5, 2024

Quiet Contrarian. Ep59: Trades for August 2024

Buys Acrow Ltd – ACF.ASX – Well run services company, and have been spruiked by Under the Radar, and the FNArena brokers for some time now. The market didn’t like the latest announcement, management has still guided for 20% revenue growth. They seem to have consistent earnings, and it feels like all the infrastructure spend will continue for a while longer....

Ideas