June 2020 – Mockingbird Investment

June 30, 2020

BHS: Vista Group International – VGL:ASX

They provide a suite of software for cinemas and studios, mainly focussed on the latter end of the chain. From distribution to the moviegoer. From their site: Additional to Cinema Management software provided by Vista Cinema, the offers of the Vista Group of companies cover moviegoer data analytics, business intelligence solutions, box office reporting software, creative and marketing services to...

Ideas

June 29, 2020

Mocker Monday. 29 June.

Mocker Roundup The Mockers had a meeting with alot of discussion about some key points for Australia and the world. We should note that these are our opinions, and they may not be correct, but nevertheless they represent how we see the world at the moment. These are our big forecasts for the near future: The Coronavirus won’t have as...

Ideas

June 25, 2020

The Amateur Investor Ep.10: No Crystal Balls Here

In June of 2018, as part of some misguided attempt to see how far I could push myself, and inspired by Jimmy Chin and Conrad Anker’s first ascent of Meru Peak, I signed myself up to an alpine mountaineering course. Hosted in New Zealand’s South Island, on Mt Cook, the course featured 5 days of avalanche training, snow craft, and...

Ideas

June 25, 2020

Quiet Contrarian. Ep 5: Lessons from Winners

This was a harder blog post to write, turns out, when you’re right you don’t really learn much. It doesn’t matter if your decision making was good or bad, the win covers all that up and your confirmation bias gets stronger. With respect to that I will try to reflect on some of my wins, and fully describe what I...

Stories

June 22, 2020

Mocker Monday. 22 June.

Travel industry Good interview with the head of Flight Centre discussing how a company in one of the hardest hit sectors battened down the hatches. This also had some good insight into the expected recovery of the travel sector. ‘Survival was on the line’: Flight Centre’s near-death experience (Sydney Morning Herald) Coronavirus, the market, and the economy New fears of...

Ideas

June 18, 2020

Quiet Contrarian. Ep4: Lessons from Losses

Continuing on my review of past performance, I wanted to revisit a few of my winners and losers, and the key lessons I learned from them. This week I’ll start with my losses. Sunbridge Group Limited (SBB:ASX) – Sunbridge was a clothing retailer from China. By the books they were incredibly undervalued (from memory, I had their valuation at about...

Stories

June 17, 2020

The Amateur Investor Ep. 9: Doing the Maths – PE ratios

Apologies for the late publish! This one was a bear to do the research on. Enjoy!

Ideas

June 15, 2020

Mocker Monday. 15 June.

2 more weeks to the AU EOFY. Hope everyone has an idea of what their gains and losses are this year. Not much shared by the Mockers this week. Nucleus wealth has released another video about the disconnect between the market and the underlying economy. Some interesting insights into the latest rally, how we seem to have seen a full...

Ideas

Monthly Archive: June, 2020

BHS: Vista Group International – VGL:ASX

Mocker Monday. 29 June.

The Amateur Investor Ep.10: No Crystal Balls Here

Quiet Contrarian. Ep 5: Lessons from Winners

Mocker Monday. 22 June.

Quiet Contrarian. Ep4: Lessons from Losses

The Amateur Investor Ep. 9: Doing the Maths – PE ratios

Mocker Monday. 15 June.