I’m going to write two updates on a couple of Australian holdings that were the subject of earlier posts on the blog. Today’s post is about CMI (ASX:CMI)
Preview: Company 3 is an Australian microcap trading at a single digit multiple of free cash flow and normalized earnings. Business conditions have been somewhat subdued and this has led to a market valuation that I see as attractive currently. Insider ownership is substantial and capital allocation by management has been intelligent. Article type: Portfolio […]
Oceania Capital Partners (ASX:OCP) which was profiled here in July has just completed the disposal of its 50% stake in Cohort, a digital media and lead generation business.
Oceania Capital Partners: an Australian investment company trading at a large discount to book value. The company is controlled by a HCI, a South African holding company. John Copelyn, HCI’s CEO, is set to take control of OCP himself through a family investment trust.
Scantech is an Australian company that provides on-line real-time measurement technology for bulk materials. Their equipment is primarily used in the cement, coal and minerals industries. Scantech’s equipment can analyse the quality of the materials and can help companies with the blending, grading and sorting of those materials. Examples of their products can be found […]