What's on at Eureka Report and model portfolio updates

Samson, Dumaresq and Treadgold join forces to guide you through what we might expect from our favourite stocks.

By James Kirby · 1 Feb 2016

By James Kirby ·
1 Feb 2016

Our webcast events get more popular every month and I expect there is a strong chance we may well break a record for attendance this Thursday (February 4) at 12.30pm, when we have our reporting season preview of ER stocks. This will be your chance to hear the market's expectations of our favourite stocks as they get ready to report annual results through the month of February and March.

Joining me in the studio for an extended 45 minutes event will be our analysts James Samson and Simon Dumaresq, along with our resources correspondent Tim Treadgold.

As James Samson reports in our lead feature today, we expect an exceptional results season where there will be money to be made on the stocks that please the market...and the market may well turn against those which fail to live up to expectations.

You might also note that we have just confirmed a CEO interview next week with David Kirk, the head of the Bailador Listed Investment Company: Kirk is a former chief executive of Fairfax (a former captain of the All Blacks rugby team). Bailador is also one of the LICs in Alan Kohler's personal portfolio (click here) – we'll be publishing this video interview next Wednesday February 10...don't miss it.

Income First model portfolio

The income first model has continued to perform well. In fact, performance from GEM, ARF and VRT has been quite positive of late.

For now we are awaiting financial results from the February reporting season before making further investment decisions in the portfolio.

Growth First model mortfolio

Over the past week, EPD and CAJ have continued to underperform. We have reviewed EPD and maintain our current position with a buy call on the stock.

Moving into reporting season, the portfolio still holds a strong cash balance, so we will be looking to invest further as opportunities become available.

- James Samson

LIC model portfolio

There are no changes to the LIC model portfolio this week, but there are changes to some calls I have on individual LICs in the share recommendations page. Click here to read the article and you will find I am changing my call on WAM Research (WAX) and Cadence Capital (CDM) to a hold and my call on Magellan Flagship from a hold to a buy.

Another change: A subscriber wrote to me (just this afternoon) asking if there was a table with the model holdings and the LICs' NTA and share price. There wasn't, but there is now. Each week I will publish the simple table below. It is straightforward with the date column showing the last reported NTA. PIC updates its NTA daily, MFF and PAF weekly and the rest are updated monthly.

-Mitchell Sneddon