Media

Reporting Season Insights

Steve Johnson talks JB HIFI, Turkey and some of the insights coming out of ‘report season’.

Reporting Season

Steve Johnson talks ‘reporting season’ focusing on the banks, profitability and the effects of the Royal Commission.

Telstra’s Strategy and Heathscope Takeover

Steve Johnson gives his take on Telstra and whether they should return to ‘simplicity’ in the strategic decisions they make. Steve also covers the Healthscope takover.

Emerging Markets Providing Great Opportunities

Steve Johnson talks bull runs, emerging markets and tech stock momentum.

Trade and “Crazy” Valuations

Steve Johnson tries to make sense of the ‘Trump effect’ and the impacts on the market as well as individual businesses like Pfizer.

Investing in the UK Markets

Steve Johnson talks about investing in the UK markets – the balance of uncertainty and reward.

Fund Performance

Steve Johnson talks performance, volatility and what that means for investors.

Trade War Tensions

Steve Johnson talks ‘trade war tensions’ and the pickup in volatility around the world and how this relates to the Forager strategy.

Health Care and Overseas Investments

Steve Johnson gives his perspective on Ramsay Health Care, the health space in general and then the importance of overseas investments as part of your portfolios.

South32 and Other Mining Transactions

Steve talks South32 and their acquisition of Arizona Mining and other recent mining transactions.

Interest Rate Hikes

Steve Johnson gives his take on interest rate hikes and what happens next.

Global Stock Update

Steve Johnsons talks tech, value stocks and the latest Goldman Sachs report before giving his take on the Wesfarmers ‘Strategy Day’ outtakes.

Market Reaction to CBA

Steve Johnson talks about the market reaction to fines imposed on CBA.

Possible Policy Reforms and Forager History of Investing in Italy

Steve Johnson gives his take on possible policy reforms in Italy and the Forager history of investing in Italian stocks.

Australian M&A Activity

Steve Johnson appears on Sky Business discussing recent M&A activity – particularly Santos rejecting a bid from Harbour Energy.

The Royal Commission on Banking and AMP

A look into the Royal Commission on banking and AMP’s losses following some of the rulings – featuring Forager’s Steve Johnson.

AGL & Other Key Offers

Steve Johnson joins Ticky to discuss AGL’s rejection of Alinta’s bid for Liddell and other key offers being made this week.

US Interest Rates

Steve Johnson appears on Sky Business discussing interest rates in the US and what that means for picking stocks. Also discussed is what is happening with tech stocks globally and A2 Milk and Treasury Wine locally.

Oil Markets and AMP

Steve Johnson appears on Sky Business discussing the oil markets, AMP following the Royal Commission and recent downgrades of certain stock.

AMP, Blue Sky and Berkshire Hathaway AGM

Steve Johnson appears on Sky Business with James Daggar-Nickson, discussing the issues at AMP following the Royal Commission. Also covered is Blue Sky investments and the potential outcomes from here, and the recent Berkshire Hathaway AGM.

Guest Host: Part 3

Steve Johnson guest hosts on Sky Business. This section dives into the result from Macquarie Group. Also discussed are the US markets, with comments live from San Francisco.

Guest Host: Part 2

Steve Johnson guest hosts on Sky Business. This section covers interest rates in Australia and the potential impacts of rising rates.

Guest Host: Part 1

Steve Johnson guest hosts on Sky Business, talking about the US markets with Greg McKenna from AxiTrader.

Insights from Macquarie’s Conference, a Further Note on AMP

On Sky Business, Steve Johnson talks about downgrades at JB HiFi and Invocare, companies featured in the Macquarie Conference this week. Also discussed is the resignation of Catherine Brenner as the Chair at AMP.

Rising Bond Yields and Recent Tech Results

Steve Johnson appears on Sky Business discussing US 10 year bond yields, that have risen above 3% and the potential impact of this on the economy and asset prices. Also covered are the recent Facebook and Alphabet results and the differing strategies at these two giants.

Executives Under Fire

Steve Johnson discusses the Myer CEO appointment and potential future plans for the company. Also covered is AMP and what might constitute a sustainable business in the future following the Royal Commission.

Rising Oil Prices and the AMP Scandal

Steve Johnson appears on Sky Business, talking about oil prices and the outlook for the coming months. The current ongoing Royal Commission investigation into the banks and AMP is also discussed.

Geo-Political Tensions

Steve Johnson appears on Sky Business alongside Tony Davison from Henderson Maxwell, discussing current Geo-political tensions and how this might affect the markets in Australia.

Heading for a Global Trade War?

Steve Johnson comments on the recent wave of trade protectionism and the likely impact on the US and the Australian market. Also, up for discussion is the Facebook data scandal and the questions it raises about the culture adopted by these young tech giants.

Tech Trouble

Steve Johnson addresses the recent turbulence in US tech stocks and the increased regulation that may follow. Also, a quick discussion about the promotional hype surrounding Australia’s own tech industry.

Executive Appointments: AMP and CBA

Steve Johnson appears on Ticky Fullerton’s show, discussing changes to the top positions at AMP and CBA. Also a quick section on whether there will be any leverage Channel 9 / 10 can gain following the cricket scandal.

Tariffs in the US, Opportunities in the UK

Steve Johnson appears on Sky Business discussing the potential impact of proposed steel and aluminium trade tariffs in US that are due to be signed off soon. Also discussed are opportunities Forager is currently seeing in the UK, plus a few questions about Big Un.

Opportunity in Europe and Australian Tech Stocks

Steve Johnson joins Ticky Fullerton, discussing thoughts on investments in Europe following elections in Italy. Xero is discussed in some detail, plus the small cap tech stocks that have turned sour – GetSwift and Big Un.

Inflation Forecasts and Australian Reporting Season

Steve Johnson discusses the release of US inflation figures overnight, which were slightly higher than expected, and what this means for the US market. Also discussing reporting season kicking off here with Telstra, ASX and Myer.

Eventful Moments in Australia’s Share Market

Steve Johnson discusses JB HI-FI’s 8% drop and how recent price movements have been affected by Amazon’s entry into the Australian market. Also discussed is the latest result coming out of Bendigo and Adelaide Bank.

Global Equity Markets and US Tax Reform

Steve Johnson discusses global markets and current sentiment, plus the potential economic impact of the recent tax changes in the US. And a few more comments on GetSwift.

US Tax Reforms and Opportunities in the UK

Steve Johnson discusses the $30 billion boost to the US economy Apple claims they’ll be able to deliver after recent US tax reforms; and how something similar might affect Australia. Also touched on is the subject of opportunities currently being found in the UK.

Inflation Risk and Speculative Markets

Steve Johnson highlights inflation as being a big risk in the current low interest environment and how Forager are positioning the portfolio with this in mind. Plus discussion around the speculative buying in cryptocurrencies and other narratives in the market at the moment.

Overview of the US Share Market and Recent Speculative Frenzy

Steve Johnson appears on Sky Business discussing the US share market recent highs. Also discussing current speculative buying of some stocks at the smaller end of the market.

Fund Performance Against the Index

Steve Johnson appears on Ticky Fullerton’s show talking about the recent performance in the Forager International Shares Fund compared to the Index.

Retail Food Group’s Volatility

Steve Johnson appears on Ticky Fullerton’s show discussing Retail Food Group (RFG) and the recent volatility.

Who Will Reap the Benefits of the US Tax Reforms?

Steve Johnson appears on Sky Business this morning discussing US tax reforms and the highlights and lowlights from the Forager Australian Shares Fund in 2017.

Takeover Bid for Westfield: Part 2

Steve Johnson discusses the current takeover offer for Westfield, plus whether there is expectation that there will be more M&A action and consolidation in 2018.

Takeover Bid for Westfield: Part 1

Ticky Fullerton’s show – Steve Johnson discusses the takeover offer for Westfield by French retail giant Unibail-Rodamco, plus Steve and Ticky talk about Bitcoin.

Transparency in the Banking Industry

Steve Johnson features on Sky Business, talking about the banking industry and the need for transparency as well as the likely effect this will have on the market.

 Joe Lonsdale Interview

Outside the Opera House for the Sohn Hearts and Minds conference. Steve Johnson guest hosts with James Daggar-Nickson of Sky News and Jack Lowenstein of Morphic Asset Management. This clip features an interview with Joe Lonsdale of 8VC.

Bobby Yazdani Interview

Outside the Opera House for the Sohn Hearts and Minds conference. Steve Johnson guest hosts with James Daggar-Nickson of Sky News and Jack Lowenstein of Morphic Asset Management. This clip features an interview with Bobby Yazdani of Cota Capital.

Prof. Sally Dunwoodie Interview

Outside the Opera House for the Sohn Hearts and Minds conference. Steve Johnson guest hosts with James Daggar-Nickson of Sky News and Jack Lowenstein of Morphic Asset Management. This clip features a short interview with Professor Sally Dunwoodie of the Victor Chang Cardiac.

Tim Carleton Interview

Outside the Opera House for the Sohn Hearts and Minds conference. Steve Johnson guest hosts with James Daggar-Nickson of Sky News and Jack Lowenstein of Morphic Asset Management. This clip features an interview with Tim Carlton from Auscap Asset Management.

Peter Cooper Interview

Outside the Opera House for the Sohn Hearts and Minds conference. Steve Johnson guest hosts with James Daggar-Nickson of Sky News and Jack Lowenstein of Morphic Asset Management. This clip features an interview with Peter Cooper of Cooper Investors.

Santos Takeover?

Steve Johnson appears on Ticky Fullerton’s show discussing the potential takeover of Santos by Harbour Energy. They also talk about the recent fall in Baby Bunting, and how Amazon is affecting the retail market, plus whether Buffett might look to buy GE – touching on Gareth Brown’s recent blog post on the subject.

Webinar – Fact and Fluff: The Pros and Cons of Investing in Themes

If you missed out on joining the team for the live discussion on theme based investing, you can see the slides and listen to the webinar here.

What Would a Rate Rise in the US Mean?

Steve Johnson features on ABC News, talking about the potential impact of interest rate rises in the US.

What Would Independence in Catalonia Mean for European Markets?

Steve Johnson discusses the potential Catalonia independence and what has been happening in the European markets due to this. Also discussed, on Ticky’s show is the new Magellan $1.5Bn Listed Investment Trust.

Quarterly US Results

Steve Johnson appears on Sky Business discussing the quarterly results from the US, plus the announcement yesterday that the CFO at Macmahon has resigned.

US Banks and Aussie Telcos

Steve Johnson talks US Banks on Sky Business this morning. Also touching on the telco and mining services companies in Australia.

Independence in Catalonia? On Ticky Fullerton’s Show

Steve Johnson on Ticky Fullerton’s show, talking about the potential secession of Catalan and what that might mean for the investment world. Worley Parsons is also discussed.

The Lost Decade of the ASX

Steve Johnson talks about the ASX’s “lost decade” on Sky Business. And also touches on a conference recently attended in Norway.

QBE and the Reinsurance Industry

Steve Johnson appears on Ticky Fullerton’s show last night, discussing QBE increasing their claim allowance and the affect that has had on the stock and the overall re-insurance industry.

Livewire Exclusive – CIO Profile on Steve Johnson

An interview with Forager’s Chief Investment Officer, Steve Johnson. The original Livewire wire, including the transcript can be found here.

Interest Rates in Australia

Steve Johnson discusses the current low interest rates in Australia in conjunction with current mortgage borrowing levels.

Forager Funds Roadshow Webinar

As part of the 2017 roadshow, we recorded a webinar – listen here if you weren’t able to make the roadshow in person.

Ticky Fullerton Show on Sky Business

Steve Johnson appears on Ticky Fullerton’s show on Sky Business – discussions include the buyout of Ten Network and also the APRA investigation into CBA.

An in-depth look at reporting season

Commentary on Flight Centre, Telstra and Southern Cross Media from Steve Johnson on Sky Business News.

Ticky Fullerton on Sky Business

Steve comments on Telstra and Fortescue Metals on Ticky Fullerton’s show.

Reporting Season so far

Steve Johnson comments on Wesfarmers, Telstra and Service Stream on Sky Business.

Steve Johnson on Sky Business this morning discussing interest rates and the Macmahon AMNT deal.

Steve Johnson on Sky Business today discussing the outlook of advertising spending online, Xero’s latest results, the Italian banking sector, and the pressures facing Australia’s big 4 banks.

Interest Rates, Ten and Korean Stocks

Steve Johnson on Sky Business this morning discussing interest rates, Ten and Korean stocks.

Retail stocks and Tatts Group Merger

Steve Johnson appears on Sky Business this morning, discussing retail stocks and the Tatts Group merger.

An introduction to successful value investing in small to mid-cap stocks

This is a recording of our June 2017 webinar on: An introduction to successful value investing in small to mid-cap stocks. Steve Johnson presents and then answers audience questions.

Sky News with James Daggar-Nickson

Steve Johnson talks about the recent performance of the Australian market and how to invest if there is a recession looming.

What do we think about US Financials?

Steve Johnson discusses the US banks and how the risks they face differ to Australian Banks.

The Ticky Fullerton Show on Sky Business

Steve Johnson chats with Ticky about executive pay in Australia, and also comments on his recent blog about Uber.

Vita Group in the Headlines

Steve Johnson discusses current volatility in the markets, the recent developments at Vita Group and whether he is taking a look at CSG.

Tech Stocks, European Banks and Accounting Software Companies

Steve Johnson discusses technology stocks, accounting software companies and European banks on Sky News Business

The Ticky Fullerton Show on Sky Business

Steve speaks with Ticky about NZME, other media companies and the French election result.

Australian Banks, Investing in Europe and Passive vs. Active

Steve Johnson discusses Australian banks, investing in Europe and the active vs. passive fund manager debate on Sky Business News.

TPG deepens Telstra’s looming earnings hole

What will be the impact to Telstra with TPG’s announcement that they will begin to provide mobile services?

Bank Regulators Warning on Capital

Steve Johnson appears on ABC The Business, discussing the bank regulators warning on capital.

Has this new breed of bull run its course?

Steve Johnson from Forager Funds comments on the current bull market in Australia at a Livewire event, alongside Geoff Wilson from Wilson Asset Management and John Murray from Perennial Value Management

US Monetary Policy and Magellan Financial Group

Steve Johnson talks about the US monetary policy and Magellan Financial Group on Sky Business News.

The Ticky Fullerton Show on Sky Business

Steve Johnson and James Daggar-Nickson discuss a couple of topics that came up during the value investing conference Steve attended last week in Madrid, on the Ticky Fullerton show Sky Business.

The Ticky Fullerton Show on Sky Business

Steve Johnson discusses investing in Europe in a live cross from Madrid on Ticky Fullerton’s show, Sky Business.

Want Investment Value? Europe’s the last Bastion

In his monthly column for the AFR, Steve Johnson discusses where Forager is finding value internationally and some interesting companies in Europe.

Successful Value Investing in Small and Mid-cap Stocks

Steve Johnson presented a webinar via Netwealth on some tips for successful value investing. Listen to the webinar here.

The Ticky Fullerton Show on Sky Business

Steve Johnson and James Daggar-Nickson discuss the impact of interest rates rising globally and how this affects economic growth on Ticky’s show, Sky Business.

Oil Markets, Volatility and the Australian Economy

Steve Johnson discusses the oil markets, volatility in the markets (or lack of it) and the Australian economy on Sky Business News.

The Ticky Fullerton Show on Sky Business

Steve Johnson and James Daggar-Nickson discuss regulatory risk in the education, health and banking sectors on Ticky’s show, Sky Business.

US Economy, Macmahon and European Banks

Steve Johnson discusses news on the US economy, Macmahon’s new contract in Indonesia and European banks on Sky News Business.

The Ticky Fullerton Show on Sky Business

Steve Johnson discusses QBE, Macmahon and Europe on the Ticky Fullerton Show on Sky Business.

Earnings Season in Australia – continued

Steve Johnson discusses some of the results in this morning, including Crown Resorts, Estia Health and Isentia Group on Sky Business News.

The Ticky Fullerton Show on Sky Business

Steve Johnson appears alongside James Daggar-Nickson on the Ticky Fullerton show discussing Brambles, Telco companies and the withdrawal of the Kraft takeover offer for Unilever.

Earnings Season in Australia

Steve Johnson discusses some of the recent results announced during the current reporting season, including South32, Tatts, Origin and Service Stream on Sky Business News.

AMP, Oil and Australia’s Housing Market

Steve Johnson discusses AMP’s results, shale oil and the housing market in Australia.

GBST share price and takeover offer for Macmahon

Steve Johnson discusses the movement in GBST’s share price and CIMIC’s takeover bid for Macmahon on Sky Business News.

Investors, like tennis players, need to be patient

Steve Johnson writes for the AFR on why investors must be patient in the current market, but be ready to act when opportunities for bargains arise.

Market Forecasts, Bellamy’s and Italian Banks

Steve Johnson discusses not making market forecasts, the fate of Bellamy’s this year and banks in Italy on Sky Business News

ASX Listing Media Release

The official media release from Forager about listing the Australian fund on ASX

Oil and Executive Pay

Steve Johnson discusses the news that Opec will cut oil output and its effect on the market. The topic of executive pay is also covered in this Sky Business interview.

Buy Hold Sell: Resources on a run

Steve Johnson and Peter Hall from Hunter Hall give their views on a number of mining services stocks that have been star performers during 2016.

Russell Index and US Markets

Steve Johnson discusses what has been happening with the Russel index, US markets since the presidential election and the oil and gas markets.

Interviews with Investment Leaders outside the Sohn Conference

Steve Johnson guests hosts Sky Business Live at the Sydney Opera house, interviewing Howard Marks, Kerr Neilson and Shane Finemore outside the Sohn Hearts and Minds Investment Conference.

The US Election and the Impact on Markets

Steve Johnson discusses the election of Trump and the overnight impact on the markets, as well as future implications.

Expert Insights: Investing in the Trump era

Steve Johnson from Forager Funds and Peter Hall from Hunter Hall discuss investing in the Trump era and how this political event could impact the outlook for interest rates and US stock valuations.

Adairs and US Interest Rates

Steve Johnson discusses Adairs and interest rates in the US on Sky Business News

NAB and the Current AGM Season

Steve Johnson discusses National Australia Bank and the current AGM season on Sky Business News

The Big Banks and US Reporting Season

Steve Johnson discusses the big banks in Australia and US reporting season on Sky Business News

International Investing Masterclass

Steve Johnson of Forager Funds talks about investing in international companies with Paul Ricard of Switzer in the Switzer “International Masterclass”.

Apple, Brexit and the Forager Australian Shares Fund

Steve Johnson speaks with Nadine Blayney on Sky News discussing the latest developments at Apple, the aftermath of Brexit, and the intention to close the Forager Australian Shares Fund and list it on the ASX.

The Future of the Forager Australian Shares Fund

Steve Johnson of Forager Funds discusses with Ticky Fullerton of the ABC the intended closure of the Forager Australian Shares Fund to new investments and the plans to then list on the ASX.

BHP Billiton $8bn Loss

Steve Johnson discusses the BHP Billiton result on the ABC and talks about the risks of investing in small to mid-cap stocks verses blue chip companies.

Buy Hold Sell: Where’s the Value?

Steve Johnson from Forager Funds and Stuart Jackson from Montgomery Investments talk with Matthew Kidman about whether certain stocks offer growth, but at a reasonable price.

Investors Get Little Reward from Complexity

Steve writes for the AFR explaining why the best investment ideas are often the most simple and why there is often little reward for complexity.

US Employment and Reporting Season

Steve Johnson from Forager Funds comments on the US Employment figures and the current reporting season in Australia

Reporting Season – Risks Ahead

Steve Johnson comments on the upcoming reporting season on the ABC and outlines some of the risks ahead for the economy.

Woolworths Jobs on the Radio

Daniel Mueller comments on the announced Woolworths’ profit forecasts and job losses on ABC radio.

The Implications of Brexit

Steve Johnson of Forager Funds discusses the implications of Brexit on Europe and the global economy with Ros Childs of the ABC.

New breed of smaller fund manager eyes offshore value

Glenda Korporaal from The Australian speaks to Steve Johnson about how he goes about finding different types of opportunities internationally, including some interesting stock stories.

How to spot a turnaround (and avoid a turkey) when investing

Steve’s article in the AFR talks about four key things to look for in a company that may turnaround its fortunes. And also four turnaround picks for the coming year.

The case for investing in accounting software

Steve Johnson writes for the AFR on the rise of Xero, MYOB and Reckon – accounting software for small to medium sized businesses.

Expert Insights: Protecting your portfolio from poor thinking

Matthew Kidman is joined by Steve Johnson of Forager Funds and Romano Sala-Tenna from Katana Asset Management, discussing the psychology of dangerous investor biases and how these might be overcome.

Why investors should not support Telstra’s global expansion

Steve Johnson writes for the AFR about Telstra’s proposed investment in the Philippines and the shareholders reaction to these plans.

Forager looks for value in global juggernauts, Google, eBay, Lloyds Bank

Sally Patten from the AFR met with the International Fund team from Forager to discuss where they search for value globally, and some of the stocks that have come to be in the portfolio.

That Sinking Feeling for Dick Smith Investors

Steve Johnson discusses the private equity “heist” of the Dick Smith float on the share market.

Buy Hold Sell: Fallen Angels

James Marlay of Livewire presents with guests Steve Johnson from Forager Funds and Roger Montgomery of Montgomery Investments about their current views on some big companies who’s share prices have fallen recently.

Forager’s Steve Johnson was identified as one of Australia’s top young fund managers by Smart Investor in July 2014. Read about his development as a value investor and lessons learned growing up on a farm.

Buy Hold Sell: Reporting Season

James Marlay is joined by Steve Johnson from Forager Funds and Roger Montgomery of Montgomery Investments, reviewing some stocks post reporting season.

Think twice before changing CGT

Steve Johnson writes for the AFR

Housing Construction Stocks

Steve Johnson of Forager Funds discusses with Matthew Kidman and Ben McGarry housing construction stocks. Are we past the peak in Australia?

The Outlook for IPOs

Matthew Kidman hosts Steve Johnson of Forager, along with Ben McGarry in the regular market insights discussion. The topic of the day is the current flurry of IPOs, despite the markets having dropped recently.

Why it’s too late to sell mining stocks but not too early to buy

Steve Johnson writes for the AFR

In the studio with Steve Johnson

The All Ordinaries index closed 23 points up at 5893. Big miners BHP Billiton and Rio finished the session up but smaller miners have been hit hard by the iron ore crash. Steve Johnson from Forager Funds speaks to Ticky Fullerton.

Iron Ore and Oil: Just how low can they go?

Matthew Kidman hosts Steve Johnson from Forager Funds and Tim Carleton from Auscap Asset Management in our regular thematic discussion. Iron Ore continues to defy expectations and move lower. BHP, RIO, Vale and FMG have all opened the production floodgates and combined with the slow down in China the back drop looks challenging. The story in energy markets has also been well documented. Record inventories and continued supply growth has seen oil prices on a slippery slope south. We ask our panellists for their take on a highly topical investment theme.

In the studio with Steve Johnson

Steve Johnson from Forager Funds speaks to Ticky.