Turnaround

Investing in turnaround plays is one way to cut through macro uncertainty. Downer EDI is one such stock that could ride out the macro storm.

Back in March 2020, there was a strong view that markets would be awash with buybacks and other capital management initiatives as Australian companies sought to shore...

Much has been written about the great value rotation in the past few weeks. To be fair, despite many predicting the premature death of value investing it was probably...

Lark Distilling Co. (LRK), founded in 1992 and formerly known as Australian Whiskey Holdings (AWY), is the owner of the Lark Distillery in Tasmania. Lark was the first...

In the latest iteration of the Firetrail Analyst Series we dive into an Australian company which we think offers compelling long-term value: Lendlease Group (ASX:LLC)....

Who doesn’t adore the so-called “Comeback Kings”? These are companies that were stuck in a miserable rut and written-off by the market… only to then soar back to...

It’s been a while since I bought a stock trading on a PE multiple of 3x. There was one in 2012. Another in 2015. Both were, with a bit of luck, multi-baggers. Maybe...

WPG Resources has embarked on a turnaround and re-investment strategy at its 100% owned Challenger Gold Mine in South Australia. The Company is targeting improved...

“The worse a situation becomes, the less it takes to turn it around, and the bigger the upside.”* WTW is one of our fund’s largest positions and has advanced over 50%...