26 May 2024

Membership Crackdown Could Hurt’s ‘North Star’

Thanks to the The Australian Financial Review for speaking with our Lead Portfolio Ray David on Retail, and regulatory views around merchants in the Australian Market.

The AFR explores KGN… “Investors are betting a crackdown on lucrative membership programs will hurt’s major profit driver, pushing the online retailer’s shares lower at a time when the company is performing significantly worse than expected.”

Click here to view

Fund Updates

22 May 2024

The Shorting Opportunity In Consumer Discretionary Stocks

Blackwattle Investment Partners’ CEO Jarred Rubin discusses Financial Markets and Short-Selling Opportunities in consumer stocks with ausbiz.

“… In the realm of small cap stocks, Jarred Rubin of Blackwattle Investment Partners explores the potential for both long and short opportunities, focusing on the burgeoning opportunities in the local consumer space.

Jarred notes a discernible valuation difference between small and large caps, emphasising how small caps are currently under-evaluated, yet provide attractive investment opportunities. Notably, he’s captivated by high-quality growth opportunities that could become top 100 companies.”

Click here to view video

Fund Updates

14 May 2024

Letter to the Board of Directors (RIO)

Blackwattle Portfolio Managers Ray David and Joe Koh recently engaged with Rio Tinto (RIO) regarding their views on its dual class shareholding structure. The team advocating for a shift towards a single-class structure in line with best corporate governance practices.

To read a full copy of the letter sent to the Board of Directors please click the link below:

Letter to Rio Board of Directors

More insights

Load More