News

Auscap Sydney University Finance Competition Results – Sem 2, 2013

Auscap Asset Management is pleased to announce that Tom Farmakis is the winner of the Auscap Sydney University - Mergers & Acquisitions Competition (FINC3013) for Semester 2, 2013. Students within the Mergers and Acquisitions Course were asked to ... Read more

An Alternative Notion of Margin of Safety

October Newsletter | Investing in stocks with a sufficient "margin of safety" between the price a security trades for in the market and what one might consider a conservative estimate of the intrinsic value of the entire company is a key principle ... Read more

Risk And Reward: The Case For Size & Liquidity

September Newsletter | At Auscap we prefer to invest in large and mid cap companies, favouring characteristics that include familiarity, a proven competitive advantage, a strong track record of return on equity, recurring cash flow and stock ... Read more

A Numbers Game

August Newsletter | In this edition we discuss the importance of relevant and timely data and how independent data analysis assists us in evaluating circumstances objectively. We demonstrate how data can be a predictor of both company performance and ... Read more

Expensive Defensives: Do They Deserve The Tag

July Newsletter | There has been considerable debate surrounding the so called "expensive defensives", companies with resilient earnings and a modest growth outlook, many of whom are trading at multiples that would, historically, be considered high. ... Read more

Auscap Sydney University Finance Competition Results – Sem 1, 2013

Auscap Asset Management is pleased to announce that Leah Zinonos is the winner of the Auscap Sydney University - Investments and Portfolio Management Competition. Students within the Investments and Portfolio Management Course were asked to ... Read more

Great Expectations: Making Cents Of Forecast Dollar Earnings

June Newsletter | A study of earnings expectations across the ASX200 highlights a few sectors that we think are unlikely to match the expectations set by analyst forecasts for the 2014 financial year. ... Read more