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Showing posts with the label sector

'Australia's food sector is desperate, grossly underestimated'

“Prices at the farm level are rising, so farmers are doing their best,” he said. “The dairy losers, but as the sun sets in the west, times change, circles occur. When assets are at their worst, that’s when we are at their happiest.” The Micro Cap Activist Fund (MCAF), run by Mr Iafrate’s Melbourne-based company Armytage Private, was set up after commissioning a financial services empire to target small-medium-priced finance. The fund is one of the top return equity funds of the past three years according to Morningstar data thanks to the busy M & Activities among small financial services companies and have received 10 takeovers since 2019. The list includes Hub24’s bid for rival Xplore Wealth, Apex Group’s acquisition of Mainstream Group, 360 Capital’s deal with Evans Dixon, and Iress games for OneVue. Iafrate said he owed a fall in royal commissions, benefiting from mispricing in the market as big banks rushed out of the advice business. “These funds are focused on finance with

2 ASX stocks in the sector poised for a massive comeback

Even before interest rates rose by 125 basis points over the past few months, afraid rising interest rates have infected many sectors. Perhaps one of the sectors most directly affected is real estate. An increase in interest rates increases mortgage payments, which reduces property demand and prices. Now one of the hottest real estate markets in the world, Sydney, will see house prices drop by 20%. Not only that, the COVID-19 pandemic has also hit commercial real estate as many workers continue to use their homes as offices. All of this means that ASX’s stake in real estate investment trusts (REITs) has taken a brutal hit in 2022. In fact, S&P/ASX 200 A-REIT (ASX:XPJ) has fallen nearly 23% since the start of the year. REITs set for a stunning comeback Inflation is still rampant and the US Federal Reserve is set to deliver a super big interest rate hike in the coming months. The Reserve Bank of Australia will surely follow suit, to fix Australia’s own inflation and not devalue the