Category Archives: Regular Updates

I made the first ever sales of some stock over the last week or so, I will go into the sale in a little more depth next week… This week, I attach the external Auditors mid-year asset confirmation. Regular readers probably expected me to update regarding this earlier (given the data confirms the position I’ve […]

Update No. 46 – 10/02/12 First off this week, a Warren Buffett link which outlines a cogent argument, the basis of which he’s made many times before about why stock investments are not only brighter prospects, but also safer than alternatives such as gold and bonds when a long term view is taken.  The simplicity […]

I thought I’d consider catalysts this week.  Most investors, private or institutional spend a lot of time thinking about the sort of catalysts that might trigger the market to move the underlying price of a share.  Catalysts are things like take-over bids, private equity offers and the like which are the catalyst for a significant […]

We clawed back some of the gap between EGP Fund No. 1 Pty Ltd and our benchmark, we still trail by 1.01% since January 1, though our all-time lead is back above 9%.  Some good results over reporting season should put us back on the right side of the scorecard in this period and extend […]

The start to the year has been better than anyone could have expected in respect of the performance of financial markets.  The S&PASX200TR index is up 4.52%, EGP Fund No. 1 Pty Ltd is only up 3.23%.  I have done a little more buying this week and I am hopeful that reporting season will bring […]

I have said before, the US is the worlds economic engine.  For those of us in Australia, we hear a lot more about China driving our prosperity, but the US is still where you should keep your eyes peeled as it will inevitably drag the world in whatever direction it is headed.  China on the […]

I will leave the calculation of assets until the closing value of $0.96254 per share is confirmed by our external auditors and the new shares are issued for those who subscribed for new shares.  Needless to say as it is still essentially a holiday and trade was thin, prices barely moved this week. I probably […]

Happy New Year to all readers; the 6 months ending 31 December 2011 ended up being a difficult one for our portfolio, we trailed the market by 1.49%.  This would be more tolerable in a market posting good gains, unfortunately it came in a market that was down 9.71% for the 6 month period.  Fellow […]

Merry Christmas, Feliz Navidad, Glædelig Jul, or whatever the ‘Seasons Greetings’are in your part of the world to readers.  I write from from Fiji, and will be home to Australia in 2 days, in the meantime, the current asset values are as follows. There were a couple of sharp moves against us this week, a week […]

I am in New York City this week, what an amazing place…  Update for weekending 16 December below.  – Tony Hansen 18/12/11.     April 1st 2011 July 1st 2011 Current Price Current Period Since Inception EGP Fund No. 1 1.00000 1.08396 1.01107 (-6.72%) 1.11% S&PASX200TR 35632.05 34200.68 31608.67 (-7.58%) (-11.29%)   EGP Fund No. […]

  I’m in Washington DC at the moment, it’s 11pm & I’ve just returned from watching the Washington Capitals defeat the Toronto Maple Leafs 4-2 in a fascinating game of NHL Ice-Hockey.  After a Capital player scored a hat-trick and all the fans around the stadium threw their hats (I suspect retail value of almost […]

The market jumped by 7.62% this week, and unsurprisingly, we failed to keep pace.  As I have been expecting for the last couple of months, the US recovery began to show very real signs of traction as the unemployment rate there fell by half a percentage point in a month.  As for the optimism out […]

For some reason, despite no particular announcements of note by our holdings, we widened the performance differential between EGP Fund No. 1 Pty Ltd and the benchmark by 5.07% this week (to 13.62% since inception 8 months ago).  I wish I could say this were because of our stellar price performance, unfortunately it has far […]

I talked last week about how globalisation, and in particular free-trade appear to be dragging more and more of our global citizens out of poverty.  The evidence empirically demonstrates that each passing year fewer people in both a proportionate and an absolute sense live in poverty. I have therefore a very strong attachment to the […]

A fall in our asset value this week can be attributed to a fall in the value of one of our thinly traded stocks on very thin volumes, which will most likely correct itself next week. Another quick note on the OWS (Occupy Wall Street) protests and one of my favourite subjects – perspective.  I […]