The Ozgrowth portfolio increased 5.0% in August. The portfolio is now up 15.7% over the first two months of this financial year. In this short video, Phil Rees comments on the payment of the FY20 final dividend and highlights the franking credit and profit reserve balances reported in the Company’s recently released FY20 financial report. […]
Read More »The Westoz portfolio continued its positive start to the financial year rising a further 3.2% in August. In this video, Phil Rees comments on the payment of the FY20 dividend and highlights the franking credit and profit reserve balances reported in the Company’s recently released FY20 financial report. Dermot Woods then talks to the portfolio’s […]
Read More »The Westoz portfolio made a solid start to the new financial year rising 3.0% in July. The ASX All Ordinaries Accumulation Index rose 0.9% over the month. In this video, Phil Rees talks through the Company’s dividend timetable while Dermot Woods discusses the drivers of performance and the current contracting environment. Dermot also comments on […]
Read More »The Ozgrowth portfolio made a great start to the new financial year rising 10.2% in July. The All Ords. Acc. Index rose 0.9% over the month. In this short video, Phil Rees talks to the Company’s dividend schedule while Jaime Underdown comments on the drivers of the portfolio performance including Kingsgate Consolidated (KCN.ASX), Emerald Resources […]
Read More »The Ozgrowth portfolio increased 1.9% in June and finished the financial year up 7.0%. The ASX All Ordinaries Accumulation Index rose 2.3% in June and fell 7.2% over the financial year. In this video, Phil Rees comments on the Company’s dividends and dividend reinvestment plan while Jaime Underdown discusses the portfolio performance, stock specific highlights […]
Read More »The Westoz portfolio rose 2.2% in June and finished the financial year at -1.7%. The ASX All Ordinaries Accumulation Index rose 2.3% in June and fell 7.2% over the financial year. In this video, Phil Rees comments on the Company’s dividends and dividend reinvestment plan while Dermot Woods discusses the market, portfolio performance and stock […]
Read More »Market volatility due to COVID-19 escalated in March with the All Ordinaries Accumulation Index falling 21%. The Westoz portfolio also fell heavily however the NTAs have recovered over 21% in the first two weeks of April. In this short video, Phil Rees comments on the market volatility, our consistent investment approach and the recovery in […]
Read More »Volatility escalated in March due to COVID-19 with the market falling 21%. The Ozgrowth portfolio was also caught up in the sell-off however the NTA’s have recovered more than 17% in the first two weeks of April. In this short video, Phil Rees comments on the market volatility, past experiences during crisis times and maintaining […]
Read More »Ozgrowth Limited’s FY20 Half Year Financial Report has been released to the market. Highlights include: Gross portfolio return: +10.8% (vs All Ords Acc Index +3.6%) Net profit after tax: +155% to $4.7m Profit reserve: +17% to $25.9m (7.3 cents per share) Interim dividend: +20% to 0.3 cents per share fully franked. Click to view the […]
Read More »Westoz Investment Company’s FY20 Half Year Financial Report has been released to the market. Highlights include: Gross portfolio return: +15.5% (vs All Ords Acc Index +3.6%) Net profit after tax: +208% to $15.4m Profit reserve: +9% to $47.5m (35.4 cents per share) Interim dividend: 3.0 cents per share fully franked Click to view the half […]
Read More »