Narrowboat Capital

GLOBAL INVESTMENT ANALYSIS,

FOR 21ST CENTURY AUSTRALIA

Home: Welcome

Charles Miller

Feb 115 min read

$APM - Pushing beyond certain biases

Charles Miller

Jan 196 min read

$IEL - Compelling here to $18/share mark. Next M&A is key given their cash hoard. Canada IELTs losses partly baked in

Charles Miller

Nov 27, 20234 min read

$MCE - Warts & all. If you believe oil will stay elevated this is how you play it

Charles Miller

Nov 8, 20235 min read

Few mid-cap stocks that are under/over-earning

Charles Miller

Oct 5, 20234 min read

$TUA - Poor Risk/Reward at $1bn Mkt Cap. A top pick in a pullback (i.e. $1.65 mark)

Charles Miller

Aug 8, 20233 min read

$AQZ - Tactically ok. However, not the capital-light play you want in a downturn

Charles Miller

May 31, 20234 min read

$CHI.NZ - Stranded asset after a rally. Not a trap if long-term NZ jet fuel demand is strong

Charles Miller

May 1, 20234 min read

$SOC - Evolving beyond MSFT services for Fed Gov at a reasonable price

Charles Miller

Apr 16, 20235 min read

$AUB & $DDR – Sadly it's a 'no' for both but for very different reasons. Sharing regardless.

Charles Miller

Mar 27, 20234 min read

$LGI - Good debt headroom to build MW capacity & offset falling prices

Charles Miller

Mar 10, 20234 min read

$MAQ – Friendly illiquidity with a downgrade opportunity

Charles Miller

Feb 22, 20233 min read

$QAL – A premium valuation for dry powder & future PFs

Charles Miller

Feb 18, 20233 min read

3x Alternative viewpoints for some recent ASX results

Charles Miller

Jan 29, 20233 min read

$IAM – A small-cap retail fixed-income house. Too soon for me but definitely one to watch

Charles Miller

Jan 21, 20234 min read

$NEC - A parochial bond-like play which will get cheaper as Free-to-Air fall instils fear in price

Charles Miller

Jan 6, 20236 min read

$OBL - Mgmt fees & PF can offset huge overhead. US competition & strategy creep is the biggest risk

Charles Miller

Dec 30, 20223 min read

Kip McGrath - Blended tutoring with a global reach

Charles Miller

Dec 20, 20223 min read

$SFR - A trade with a used-by-date

Charles Miller

Dec 7, 20223 min read

Block trades - when to follow & when to avoid (1/2)

Charles Miller

Nov 20, 20224 min read

$BBN - Slowly amassing a stake

Home: Blog2

Contact

Home: Contact

Narrowboat Capital

$APM - Pushing beyond certain biases

$IEL - Compelling here to $18/share mark. Next M&A is key given their cash hoard. Canada IELTs losses partly baked in

$MCE - Warts & all. If you believe oil will stay elevated this is how you play it

Few mid-cap stocks that are under/over-earning

$TUA - Poor Risk/Reward at $1bn Mkt Cap. A top pick in a pullback (i.e. $1.65 mark)

$AQZ - Tactically ok. However, not the capital-light play you want in a downturn

$CHI.NZ - Stranded asset after a rally. Not a trap if long-term NZ jet fuel demand is strong

$SOC - Evolving beyond MSFT services for Fed Gov at a reasonable price

$AUB & $DDR – Sadly it's a 'no' for both but for very different reasons. Sharing regardless.

$LGI - Good debt headroom to build MW capacity & offset falling prices

$MAQ – Friendly illiquidity with a downgrade opportunity

$QAL – A premium valuation for dry powder & future PFs

3x Alternative viewpoints for some recent ASX results

$IAM – A small-cap retail fixed-income house. Too soon for me but definitely one to watch

$NEC - A parochial bond-like play which will get cheaper as Free-to-Air fall instils fear in price

$OBL - Mgmt fees & PF can offset huge overhead. US competition & strategy creep is the biggest risk

Kip McGrath - Blended tutoring with a global reach

$SFR - A trade with a used-by-date

Block trades - when to follow & when to avoid (1/2)

$BBN - Slowly amassing a stake

Contact

Subscribe Form