This week we look at one of the more compelling stocks in the TAMIM Alpha Fund portfolio. Allot is a stock well positioned to capitalise on not only the current state of the Telco industry but also the future of the segment and the Internet of Things. Most of us are familiar with the ever-changing landscape of communications technology. Starting from the basic cellular phone in the late 20th century, the advent of the Information Age as we call it has seen us evolve into where we are today, this is the age of the hyper-connected consumer, demanding evermore convenience and consuming exponential levels of data.
Robert Swift highlights one of his favourite stocks at the moment, one that he thinks might just be better than Facebook. We prefer to pay less for future earnings and dividends. If we can find a stock whose future prospects are even only a little better than the market expects, we make good money. Human biases and desires to be in crowds often produce unloved stocks which are merely misunderstood and yet very likely to be re-rated.
This week we present a piece by Hamish Carlisle, from Merlon Capital Partners who power the TAMIM Australian Equity Income IMA, examining the shareholder value implications of CBA’s acquisition of Colonial in 2000 as a case study in poor capital allocation.
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TAMIM Asset Management provides general information to help you understand our investment approach. Any financial information we provide is not advice, has not considered your personal circumstances and may not be suitable for you.