Despite property listings in Australia in decline since 2011, business is booming for REA Group and its real estate website.
As air travel increases, so too does the demand for planes, which puts Airbus in a strong position. So why is the stock still cheap?
Some commentators say Bitcoin is a speculative bubble that will end badly, others say it is the global currency of the future. Neither side has a good case.
We like to invest in businesses where demand is strong and predictable. There are few things as predictable as people in the developed world getting heavier.
With an ageing population looking for a secure income stream in retirement, Challenger’s market position is very strong.
The education of international students is now Australia’s third largest export.
Online business have diverted print media’s rivers of gold, but local companies now have to contend with the arrival of Amazon.
In a softening property market you would expect that any company exposed to property will suffer. But we don’t think this is true for REA Group.
These days it’s hard to go far without being distracted by outdoor advertising, and the industry appears poised to enjoy continued revenue growth.
This company doesn’t grab many headlines but it’s worth watching, as demand for data grows and pushes up its share price.