Source: The Sun Herald By: Mary Ward and Amber Schultz Hundreds of key medicines are in short supply in Australia as experts warn the problem is putting lives and livelihoods at risk. The Therapeutic Goods Administration (TGA) lists more than 420 medicines as being in......
Source: The Sun Herald Opinion A generation of women shied away from using treatments to ease the symptoms of menopause after a 2002 study linked hormone replacement therapy (HRT) with an increased risk of medical conditions such as stroke and breast cancer. The hesitance to......
Source: The Australian By: Tansy Harcourt Delivered like a guillotine to the neck. The board of Lendlease and Karoon Energy found out the hard way this week that they had ignored activist investors at their peril. Autobarn owner Bapcor might be just about to learn......
Source: The Financial Review By: Sarah Thompson, Kanika Sood and Emma Rapaport Activist shareholders have inflicted a hit on Karoon Energy’s board as investors voted down the oil and gas producer’s remuneration report at the company’s annual general meeting in Melbourne on Thursday. Street Talk......
Source: The Australian By: Tansy Harcourt Karoon Energy has suffered a first strike at its annual general meeting – with more than 26 per cent of shareholders voting against its remuneration report, amid growing anger that the company has put growth through acquisitions ahead of......
Source: The Australian By: Tansy Harcourt Karoon Energy founder Bob Hosking said it’s time for the under-fire oil and gas company to start paying shareholders a dividend. After two decades on the ASX but under the radar of most investors, Karoon has shifted from explorer......
Source: The Australian By: Tansy Harcourt Karoon Energy chief executive Julian Fowles says the company is targeting 50,000 barrels of oil per day over the next three years, and he is “completely aligned” with chairman Peter Botten as the embattled oil and gas company tries......
Source: Financial Review By: Sarah Thompson, Kanika Sood and Emma Rapaport Karoon Energy chief executive Julian Fowles is a busy man. Fresh off Karoon’s United States roadshow, Fowles made a surprise appearance at the Macquarie Australia Conference on Thursday before jumping on a sell-side analyst call on Friday......
Source: The Australian By: Tansy Harcourt Oil and gas company Karoon Energy has sought to ease shareholder concerns about poor capital management, announcing it was “not even close” to buying another asset before admitting a purchase could come by year’s end. “We are not on......
Karoon has been listed on the ASX for 20 years. Over that time period, it has never paid a dividend. Sandon Capital believes that now is the time for investors to be rewarded with dividends and/or buybacks given Karoon’s status as a fully fledged oil and gas producer. We consider this will help to narrow the large valuation gap Karoon trades at relative to its peers.
Sandon Capital considers Magellan to be deeply undervalued and misunderstood by the market. Magellan shares trade at a significant discount to their intrinsic value as well as a substantial discount to its peers.
At the time of investment, A2B’s share price was underpinned by its valuable property holdings. Sandon Capital believes significant value can be unlocked through operational improvement, improved capital allocation and strategic changes.
Contrary to board and broker consensus, Sandon Capital believed a lucrative royalty was being significantly undervalued by the market.
Fleetwood was perceived as a mining services company with a number of stranded assets that had failed to deliver consistent profits.
Sandon Capital saw the potential for a turnaround in CYG’s performance with a change in governance and a strategic shift in operations and capital management.
Sandon Capital believed that changes in the operational and capital management strateges would lead to improved performance and a share market rerating.
Any company will ultimately bend to the will of the majority of shareholders, says the market-beating fund manager.
Activist fund managers have the potential to create even more value from downtrodden companies as a result of the coronavirus turmoil, according to Independent Investment Research, because the timing is extremely favourable for a turn of fortunes.
The forces behind the uptick in shareholder activism have been building for a decade. In this article Gabriel Radzyminski and other experts share their views.
In this Firstlinks article Gabriel Radzyminski, Sandon Capital Founder, Managing Director and Portfolio Manager, describes how activist investing plays an important role in building the efficiency of Australian capital markets and in protecting and enhancing common shareholder wealth.
Watch the Money of Mine Interview with Gabriel Radzyminski.
Watch the Investment Markets Interview with Gabriel Radzyminski.
Watch the Australian Financial Review panel discussion, including panel member Gabriel Radzyminski.
Watch the SALT Talks interview with Rachel Pether.
Source: The Sun Herald By: Mary Ward and Amber Schultz Hundreds of key medicines are in short supply in Australia as experts warn the problem is putting lives and livelihoods at risk. The Therapeutic Goods Administration (TGA) lists more than 420 medicines as being in......
Source: The Sun Herald Opinion A generation of women shied away from using treatments to ease the symptoms of menopause after a 2002 study linked hormone replacement therapy (HRT) with an increased risk of medical conditions such as stroke and breast cancer. The hesitance to......
Source: The Australian By: Tansy Harcourt Delivered like a guillotine to the neck. The board of Lendlease and Karoon Energy found out the hard way this week that they had ignored activist investors at their peril. Autobarn owner Bapcor might be just about to learn......
Source: Financial Review By: Gabriel Radzyminski The upper echelons of corporate Australia are drawing their battle lines against the notion that shareholders might nominate directors. Esteemed National Australia Bank chairman Phil Chronican has weighed in, citing conflicts of interest should super funds nominate directors to the boards of......
Source: Livewire By: Chris Conway Activist Investing: Changing the corporate status quo for investors’ benefit Activism isn’t new in Australia but it is gaining prominence – and the performance returns will make investors sit up and take notice. Activist investing has gained traction in Australia......
Source: Sandon Capital By: Sandon Capital Sandon Capital’s 2023 AGM Season Recap The end of November marks the end of AGM season for companies with a 30 June balance date. For the Sandon Capital portfolio, AGM season has been positive. AGMs are often eschewed by......
Source: Financial Review By: Gabriel Radzyminski Whether we realise it or not, most Australians have an interest in the ability of shareholders to hold the directors of the companies we own to account. For most of us, this is through our superannuation or pension products.......
Download our response to draft legislation on Australian Government Treasury Department’s proposed reforms to allow virtual AGMs....
Source: The Australian Financial Review. By: Michael Roddan. Treasury’s proxy adviser reforms will “further entrench underperforming listed company directors”, reduce management accountability and weaken shareholder rights, Sandon Capital founder Gabriel Radzyminski says. Treasurer Josh Frydenberg’s proposed overhaul of the proxy advice sector would shield directors and management who oversee......
Download our submission to the Australian Government Treasury Department’s Consultation Paper on greater transparency of proxy advice, April 2021....