23 October 2017

Remuneration Report Analysis and Commentary: PortfolioDirect scores annual remuneration reports from ASX listed companies against a consistent analytical framework designed to help assess which reports are most worthy of shareholder support. 
Contents

Where are we in the Cycle?
The International Monetary Fund has begun raising its growth forecasts - albeit only slightly - after several years of successive downgrades as it had underestimated many of the cyclical factors influencing growth outcomes.  higher metal prices have come despite slow growth in reported metal usage.    More...

Market Directions
Bond yields and exchange rates have remained important influences on metal price outcomes while markets await decisions about tax changes in the USA.  More...

Portfolio Performance and Positioning
The Phase III segment of the market showed relatively strength during the past week with a positive return while the other portfolio segments produce negative outcomes although the strongest outcomes came from a small selection of Phase I companies. A relatively large number of changes were made to suggested portfolio positions reflecting relative performance differences over the past two week.   More...

Stock Reviews and Rating Analysis 
PortfolioDirect rating reports analyse the quality and risk attributes of proposed mineral developments.  Rating criteria apply to mining and oil and gas stocks at any stage of development.  PortfolioDirect uses a five point rating scale to measure the risk adjusted quality of proposed mineral developments or companies.    
For company reports & ratings...

The 'Steak or Sizzle' blog provides summary judgements on the top performing ASX-listed resources stocks. More...

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Although the statements of fact in this report have been added from and are based upon sources the authors of the report believe to be reliable, their accuracy is not guaranteed and any such information may be incomplete or condensed.  To the extent permitted by law, the authors of the report are not liable for any loss or damage arising as a result of reliance placed on the contents of this report.  

All opinions and estimates in this communication constitute judgments by the authors at the report date and are subject to change without notice.  The report publisher is under no obligation to make public any change in view about any matter referred to in this document.    

No references to past investment performance should be taken to indicate anything about future performance.

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