Update No. 79 – 28/09/12

Update No. 79 – 28/09/12

The weeks moves in underlying market prices for our holdings saw about a 1/3 of 1% rise in EGP, which was better than the nearly ½ of 1% drop experienced by our benchmark.  As I touched on last week, a full 18 months of operation has passed for EGP Fund No. 1 Pty Ltd, and […]

Update No. 78 – 21/09/12

The value of our holdings spiked up this week, and then faded slowly to end up about 1.1% for the week.  At the end of next week EGP fund No. 1 Pty Ltd will have operated for 18 months. If EGP & index levels are flat next week, we will be able to lay claim […]

Update No. 77 – 14/09/12

Reporting season is basically done & dusted.There were not too many massive surprises for me – the companies I follow closely (there are about 50 I maintain an intimate familiarity with) were as a group probably reporting a slightly better result than I expected, but not meaningfully better.  As usual, the best of the companies […]

Update No. 76 – 07/09/12

Our holdings moved approximately in line with the markets movements this week, (up a little), it was a pretty volatile week for many stocks, including a couple of ours.  The most interesting movements have been in iron ore producers as the market struggles (seemingly in vain) to decide what the medium term market for both […]

Update No. 75 – 31/08/12

We had about half of our holdings report this week.  Unusually, given we are mostly working in the thinly traded end of the market, there was minimal reaction to the reports.  This is despite some very good results contained within, perhaps recognition will come over the next few weeks, although we will not be upset […]