BUY HOLD SELL – Wisetech (ASX: WTC)

Wisetech (WTC) offers a cloud-based solution to the global logistics industry. Enabling and empowering the world’s supply chains the glossy tagline on the first page of its annual report. Half-year results are on February 23. Full-year guidance of $600-635m requires 18-25% revenue growth which was reaffirmed back in November. Peak margin growth was one concern…

The Misleading Chart Theory

One of our vigilant Members (Richard) picked me up on this chart of Flight Centre (ASX: FLT) in the newsletter on Tuesday. As we frenzy about borders opening the temptation is to buy travel stocks like Flight Centre for a return to their pre-pandemic glory and the chart ‘suggests’ that if Flight Centre got back…

Feb 2022 - Henry on the Banks

Henry on the Banks

THE MACHINE Henry on the Banks. Hands up who remembers the Hayne Royal Commission into the Banking Industry? You must remember it? Surely it was game-changing. All those banking chiefs heading to Canberra and court wearing hair shirts, saying sorry and falling on their swords? Remember that? Remember ‘thingamabob’ from CBA resigning and ‘whatshis’ name…

Retirement Stories

Retirement Stories

If you Google the title “How much do you need to retire” you will see hundreds of articles on the subject, most of which have been written by financial planners, fund managers and accountants. The Marcus Today ‘community’ has many financially sophisticated (and unsophisticated) retirees in its ranks many of whom have already experienced decades…