Fundie puts underperforming growth stocks on notice

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Ophir’s Andrew Mitchell is on the lookout for earnings landmines. He explains why Praemium is a takeover target, and the opportunity in Omni Bidgeway.

What’s your outlook for ASX small/mid-cap growth equities over the next year?

Ophir’s Andrew Mitchell says management would be brave to list any company in this market, expecting very little primary raisings over the next 12 months.From our perspective there have been four key things to watch: Third is economic momentum. We need to see the drops in economic momentum we are seeing now as measured through things like the purchasing managers index and the institute for supply management in the US start to slow so the bottom comes into sight.

 

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Belgique Dernières Nouvelles, Belgique Actualités