Torpedo Tuesday – Wesfarmers without Coles

Coles was successfully spun out of Wesfarmers and started trading on the ASX. Hugh Dive from Atlas Funds Management assess how viable Wesfarmers is as an investment now that Coles is no longer part of the asset mix.

Click here to launch the interview`

AFR Article: What to look for when buying property trusts

by Mark Draper

Property trusts have been touted as a potential beneficiary from the Labor proposal to deny refunds from franking credits due to  their relatively high level of unfranked income.

Professional property investors Hugh Dive, portfolio manager at Atlas Funds Management, and Adrian Harrington, head of funds management at Folkestone,  offer some tips about what to look for when buying property trusts – whether listed or unlisted. Underlying these, of course, is the need to buy at a reasonable price. For the full article click on the below link.

What to look for when buying property trusts

From recurring earnings to debt structure, the experts outline what should be on your checklist before you buy.

 

Torpedo Tuesday – Worley Parsons

Worley Parsons is up 48% for the year. How much of this gain is from the oil price and how much is derived from stronger growth prospects? Hugh Dive from Atlas Funds Management looks through the numbers to reveal interesting insights to the company’s fragility. Click here to launch the interview