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This Month
The US governance model taking over Australian boardrooms
The new breed of company directors in Australia are acting CEOs or senior executives from other companies. Is that a problem?
February
What we learnt: Why market darlings JB Hi-Fi and Carsales got hammered
A couple of ASX darlings and a comeback story have grabbed our attention as earnings season ramps up. Profits are good but what does it mean for the RBA meeting?
September 2024
Car buyers going greener turn to hybrids not full EVs
The No.1 selling vehicle in Australia in August was the Toyota RAV4 hybrid.
August 2024
Chanticleer’s hits and misses from day one of earnings season
Retailer JB Hi-Fi was the standout result on day one of earnings season. Here are the key things our Chanticleer columnists noticed today.
EV sales splutter, but not this group’s offshore expansion strategy
CAR Group’s big move in the US came at a time of rising rates and softening consumer demand. It still worked.
February 2024
From jousting sticks to selling boats online, eyeballs still rule
Carsales.com.au’s owner made a big bet in the United States. Now it has a new executive whose job it is to make it work.
Quicker new car sales help dealers fight back against private sellers
Carsales.com’s result had the sort of unexpected nugget of information that made an otherwise very steady result more interesting for investors.
November 2023
Market Herald ditches plans to become major publisher, doubles down on classifieds
In his first interview, the company’s chief executive, Tommy Logtenberg, says the business is ‘in a much better state’ after the ousting of former management.
August 2023
Why Yarra exited Qantas despite ‘unprecedented’ profits
Portfolio manager Edward Waller thinks the market is being too conservative on Carsales and tells us why he likes FleetPartners.
Carsales climbs on profit bounce, no sign of trading down
Rising interest rates haven’t dampened Carsales’ financial performance, with its shares up 28 per cent so far this year.
July 2023
These small caps are hugely attractive (if you’re brave)
There will opportunities for bargain hunters as the economy slows in the next 12 months with many beaten-up small caps trading at 52-week lows.
These numbers show why it’s so hard to find second-hand EVs
Carsales.com says it will be another couple of years before used battery EVs hit the second-hand market in meaningful numbers.
June 2023
Why the Carsales CEO doesn’t drive sports cars
The company started by Greg Roebuck in Melbourne’s Oakleigh in 1997 has grown to an $8.7 billion ASX 100 giant as the pandemic has supercharged car sales.
May 2023
Two ‘hated’ stocks these top fundies are buying
David Paradice, Geoff Wilson and Matt Haupt are taking a contrarian view of skittish markets with bets on stocks investors love to hate, including AMP and Dexus.
April 2023
Tech companies embrace new ways of working after pandemic fatigue
The end of lockdowns ushered in big changes to workplace such as OMC International and Carsales, both of which are finalists in the 2023 AFR BOSS Best Place to Work in the technology sector.
March 2023
The imaginary nepotism that drives Carsales global growth
The long-term approach of Carsales and its CEO Cameron McIntyre has delivered big gains for investors. He reveals his secret to staying strategic.
Goldman, UBS run Carsales.com shortfall
Brokers Goldman Sachs and UBS are seeking buyers for nearly 1 million shares left over from the first leg of Carsales.com’s rights issue.
Carsales.com eyes Brazil’s 80m cars in $353m buyout
CEO Cameron McIntyre says rising rates don’t put the handbrakes on used car buyers, but they may trade down to lower price brackets.
Carsales launches $500m rights issue to up Webmotors stake
Carsales had Goldman Sachs and UBS coraling its register for $500 million via a rights issue to increase its stake in Brazil’s Web Motors.
February 2023
Carsales mulls another trip down minorities mop-up lane
Carsales.com Ltd’s understood to be mulling the buyout of another of its offshore associates.