There is value for investors with a long-term horizon

Livewire Exclusive

Livewire Markets

Jeremy Bendeich from Avoca Investment Management shares his thoughts on the level of M&A activity currently taking place on the ASX. When asked if it suggests there is value on offer Bendeich says the perception of value can depend greatly on the time horizon of the investor. "If you have an approach which collides with the way corporates think, which is to think out over the journey of multi year capital investment and strategy for growing businesses. You'll see that some people do throw good companies out at the bottom of the cycle." Bendeich says this has been the case in some parts of the resources sector where companies like Sirius and PanAust have delivered good returns in an unloved sector. In this video he explains his view on the levels of M&A taking place and why it is likely to continue for the foreseeable future.


1 stock mentioned

Livewire Exclusive
Livewire Markets

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment