Prior to the March sell off this year, our flagship fund held almost 30 per cent in cash and our small companies fund held more than 40 per cent in cash. In December/January the ASX200 Industrials Index was trading at a record 26 times 12-month forward earnings. At the same time, one-year-forward earnings estimates had…
Banks poised to extend assistance Prolonged relief measures likely A customer is screened for Covid-19 at an SCB branch. Corporate demand for bank loans remains strong as they want to lock in cheap costs. Banks are set to extend the deadline for their relief measures to virus-affected customers after the three-month blanket debt holiday lapses…
COVID Fallout: Provincial government moves to mediate debt-relief for Phuket businesses PHUKET: The Phuket Provincial Government is calling for financial institutions to discuss terms for repayment of outstanding debts among local businesses as many are suffering heavily from the fallout of the COVID-19 lockdown provisions. Financial institutions, including banks and non-banks, were invited to discuss…
Less than two years after its high-profile listing, shares in Aston Martin have shed over 95% of their value. Has the brand lost its mojo, or will its corporate restructuring efforts mark the beginning of something special for the luxury car manufacturer? A pedigree dating back more than 100 years Formed in 1913, the British…