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5 Shares That Skyrocketed Last Financial Year (And What You Can Learn From Them) · She's On The Money

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  Speaker 1: My name is Tatasha Bamblet. I'm a proud First Nations
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  Speaker 1: woman and I'm here to acknowledge country t Glenn Young
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  Speaker 1: Ganya nianar Kaka yah Ya bin Ahaka nian Our gay
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  Speaker 1: In Nimbina, yakarum Jar, Dominyamka Domaga Ithawakaman damon Imlan Bomber
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  Speaker 1: bang Gadabomba in and now in wakah Ghana on yak
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  Speaker 1: rum Jar Waternata. Hello, beautiful friends, we gather on the
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  Speaker 1: lands of the Aboriginal people. We thank acknowledge and respect
• 0:27
  Speaker 1: the Abiginal people's land that we're gathering on today. Take
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  Speaker 1: pleasure in all the land and respect all that you see.
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  Speaker 1: She's on the Money podcast acknowledges culture, country, community and connections,
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  Speaker 1: bringing you the tools, knowledge and resources for you to thrive.
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  Speaker 2: She's on the Money. She's on the Money. Hello and
• 1:08
  Speaker 2: welcome to She's on the Money, the podcast that turns
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  Speaker 2: share market chaos into something your sleep deprived brain can
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  Speaker 2: actually understand. I'm excited your co host here to ask
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  Speaker 2: all the investing questions you've definitely thought but maybe you've
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  Speaker 2: never said out loud. And luckily I'm joined by the
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  Speaker 2: investing expert who actually knows what she's talking about. Tory Divine, Hello,
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  Speaker 2: Beck Sage excited mainly because I always love an opportunity
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  Speaker 2: to talk about the share market, and you've given me
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  Speaker 2: a whole episode. I was going to say, this is
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  Speaker 2: very exciting just for you, Thank you, thank you. I
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  Speaker 2: do need some more things in my shares these account,
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  Speaker 2: so I'm kind of excited too. What's your sharesas account
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  Speaker 2: at now?
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  Speaker 3: I think it's at seven hundred stop fifty eight dollars
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  Speaker 3: or something like that.
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  Speaker 2: That's growing. That's crazy weekly. Who are you?
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  Speaker 3: I know I wouldn't be able to do that in savings.
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  Speaker 2: I love it, haven't I love it? And I feel
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  Speaker 2: like now is a very good time to talk about
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  Speaker 2: the share market because it's been the end financial year,
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  Speaker 2: which is also my birthday, because if anything, I am
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  Speaker 2: a finance baby at heart, and I think given the
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  Speaker 2: financial year has now wrapped up, which means I have
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  Speaker 2: to wait another like three hundred and sixty five plus
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  Speaker 2: days for my birthday to come again. So, buddy, I
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  Speaker 2: thought it would be a very good time for you
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  Speaker 2: and I to sit down and I guess take a
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  Speaker 2: little bit of a step back and go well, what
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  Speaker 2: happened with the ASX this year? What did it look like?
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  Speaker 2: What did it feel like? Because we do these episodes
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  Speaker 2: and you guys love them, and I adore that you
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  Speaker 2: love them, because it's any time to yap about shares
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  Speaker 2: for me is a good time. But we often look
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  Speaker 2: to the share market to make decisions, and we say
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  Speaker 2: time and time again, past performance is not a reliable
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  Speaker 2: predictor of future performance, and we can look at what
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  Speaker 2: has happened, but that doesn't mean that it's going to
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  Speaker 2: happen into the future. So anything that we talk about today,
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  Speaker 2: like if I go, oh, this etf like was incredible,
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  Speaker 2: that doesn't mean it's going to continue to be incredible.
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  Speaker 2: But it's just so interesting and I think so pervy
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  Speaker 2: to be like what performed what didn't I when we're hah. So,
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  Speaker 2: whether you're investing yourself or you just want to learn
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  Speaker 2: a little bit more about what actually drives the share market,
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  Speaker 2: this episode, from my perspective, is going to give you
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  Speaker 2: a really good sneak peek at what I think are
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  Speaker 2: the biggest trends. And keep in mind, this is a
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  Speaker 2: market research. These are my opinions, these are my I
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  Speaker 2: don't know I talked to lots of market experts. I
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  Speaker 2: talked to lots of share traders. I talked to lots
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  Speaker 2: of financial advices. It's like a culmination of all of that.
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  Speaker 2: So it's not like well Combank said totally. It's kind
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  Speaker 2: of Lin Buffett, who I know, I had a little
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  Speaker 2: bit of saying you shouldn't have a crush on a
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  Speaker 2: ninety year old ay, But it's kind of like, I
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  Speaker 2: want to show you a little bit of a sneak
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  Speaker 2: peek at what I think the biggest trends were. I
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  Speaker 2: want to show you what I think the standout performers were,
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  Speaker 2: and maybe a few unexpected winners. Because I remember doing
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  Speaker 2: the scripture this episode and being like, hold on, what
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  Speaker 2: the hell right? I think you'll enjoyed as well? Back
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  Speaker 2: so strapping, I hope you're ready to talk about shares,
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  Speaker 2: But I guess again, I just really want to double
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  Speaker 2: down because maybe I'm just a little conservative baby at heart.
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  Speaker 2: But this episode, Becket's not to tell you what to buy, right.
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  Speaker 2: Don't go running to your shares E's app and be like,
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  Speaker 2: oh my god, we talked about X y Z and
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  Speaker 2: that that means I'm just going to buy it. Because
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  Speaker 2: she said it did well, Like, I'm not here to
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  Speaker 2: tell you what to purchase, because that's actually wildly irresponsible.
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  Speaker 2: It's actually here to help you start recognizing I guess
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  Speaker 2: what drives a company's growth, what impacts share price, and
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  Speaker 2: how to spot what I think is a very strong
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  Speaker 2: business versus what's kind of like a bit of a
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  Speaker 2: hyped up headline. Because we've all seen the hype online.
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  Speaker 2: We see what's going on, like, oh, we see how
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  Speaker 2: dramatic people can be. So beck, let's strap in, no
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  Speaker 2: more disclaimers, no more anything. Today we're going to dive
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  Speaker 2: into some of the biggest share rises on the ASX
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  Speaker 2: two hundred, the companies that have seen the strongest percentage
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  Speaker 2: growth over the past year. Are you ready?
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  Speaker 3: Oh my god, I'm so excited.
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  Speaker 2: And I know you say, this is not advice, This
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  Speaker 2: is not something you should be running for your phone
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  Speaker 2: and buy. But I you can run to your phone
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  Speaker 2: and have like a look like you have a look
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  Speaker 2: as you know, beg. The chares is like search function
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  Speaker 2: And this isn't sponsored by Chase's Like, I haven't paid
• 5:08
  Speaker 2: me to do this, I just I know that you
• 5:10
  Speaker 2: use chasys. And also like if you listen to money diaries,
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  Speaker 2: You'll know that, like ninety nine percent of our community.
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  Speaker 2: When I'm like, so, tell me, like do you invest,
• 5:19
  Speaker 2: They're like, yeah, clearly on chaz EA's. So I feel
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  Speaker 2: like it's the best example to use because so many
• 5:25
  Speaker 2: of you are familiar with it totally worth kind of
• 5:27
  Speaker 2: like using Google. You can run to Google and type
• 5:29
  Speaker 2: it in anyway. So I guess I wonder and I
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  Speaker 2: know this is a very broad question because I don't
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  Speaker 2: really understand shares whatever. That's my job. That's my job.
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  Speaker 2: And I tell you how that's true, thank you.
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  Speaker 3: And so I guess my question is where do we
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  Speaker 3: start at the beginning? Okay, got to you? Gotcha? Okay,
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  Speaker 3: where is that?
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  Speaker 2: So I actually want to start this conversation talking about
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  Speaker 2: a topic that I feel like our community has had
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  Speaker 2: a lot of conversation around. I've actually gotten a lot
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  Speaker 2: of d ms semi recently over the last maybe three months,
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  Speaker 2: I'd say, and that is about gold. I feel like
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  Speaker 2: even you asked me about gold recently and you're like,
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  Speaker 2: hold on, so people buy physical gold and I was like, yes, babe,
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  Speaker 2: they buy gold and then they pay people to store
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  Speaker 2: it for that.
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  Speaker 3: I find very shocking, right, So let's.
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  Speaker 2: Start there, because I feel like gold is having a
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  Speaker 2: very serious moment at the moment, okay, and lots of
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  Speaker 2: people are talking about it, and I mean, yes, we've
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  Speaker 2: spoken about it recently, but gold at the moment, or
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  Speaker 2: gold is popular, I would say in times of economic uncertainty,
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  Speaker 2: like people turn to gold. You could say, like when
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  Speaker 2: the share market's going up and down, like it's related,
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  Speaker 2: I would say to fear and kind of like buckling
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  Speaker 2: down and getting quite serious and being like ooh, like
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  Speaker 2: you know, the world's a bit tumultuous, and I mean,
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  Speaker 2: you can see why a lot of Americans maybe are
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  Speaker 2: turning to gold and going, ah, I don't know about
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  Speaker 2: the share prices like Trump seems, I would say, to
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  Speaker 2: be having a meltdown online. I've literally never seen a
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  Speaker 2: politician swear until the other day, and he's like saying
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  Speaker 2: the f work. I just don't get it.
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  Speaker 3: I don't know.
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  Speaker 2: The man thinks he can tweet and people are reading
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  Speaker 2: his tweets being like, oh, yeah, you're right. I'll have
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  Speaker 2: a ceasefire because Donald Trump did I know, I can't
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  Speaker 2: get me stud and we shouldn't go on and on
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  Speaker 2: about it. Because apparently if I do go on and
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  Speaker 2: on about it, I could be banned from the US.
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  Speaker 2: Who cares? At the moment, I don't have a lot
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  Speaker 2: of want to go there, but I do miss the
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  Speaker 2: food in New York.
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  Speaker 3: That's so fair. I actually would like to do some.
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  Speaker 2: Selfishly. I don't want to get banned from the US,
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  Speaker 2: but like, I don't have any want to go there
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  Speaker 2: at the moment.
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  Speaker 3: It just doesn't feel good.
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  Speaker 2: But anyway, gold is seen as a little bit of
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  Speaker 2: a safe haven at times where things are a little
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  Speaker 2: bit tumultuous, and currently a global demand for gold is rising.
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  Speaker 2: It's getting very very popular. And it's not just you
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  Speaker 2: know every day mum and dad investors or you know
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  Speaker 2: even more on Buffett being like, oh, gold is a
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  Speaker 2: good option right now. It's actually we're seeing central banks
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  Speaker 2: pick up a lot of it. Like I would say
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  Speaker 2: that the Central Bank is actually stockpiling it. So they're
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  Speaker 2: trying to do this to diversify away from the US dollar.
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  Speaker 2: And even countries like China are buying more gold than ever.
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  Speaker 2: So when that starts to happen, people like you and
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  Speaker 2: I go, is gold good? Should we be looking at gold?
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  Speaker 2: Other people are looking at gold, and obviously when there's
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  Speaker 2: demand for gold, the price for gold increases. So we're
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  Speaker 2: seeing that going. Oh, it's a little bit of a
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  Speaker 2: popularity contest, and we're seeing this reflected in the share
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  Speaker 2: market as well. So if you look at the top
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  Speaker 2: performers on the AX, which for those of you playing
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  Speaker 2: along at home, is the Australian Stock Exchange, at least
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  Speaker 2: five of them are gold producers. Oh, which is kind
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  Speaker 2: of cool and not that common during I guess non
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  Speaker 2: economically tumultuous times to have five gold producers be sitting
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  Speaker 2: at the top performers on the ASEX.
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  Speaker 3: Confusing to me for some reason.
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  Speaker 2: But what do you mean?
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  Speaker 3: I get it.
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  Speaker 2: So it's like a mining company, a mining company that
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  Speaker 2: goes and digs up all the day. I understand, I
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  Speaker 2: understand and stand. So okay, so like going and producing
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  Speaker 2: it and like digging it up because obviously gold is
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  Speaker 2: I would say, it's not an unlimited resource, but it's
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  Speaker 2: relatively limited, and we need companies to be able to,
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  Speaker 2: you know, go gold panning, basically, to go find more
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  Speaker 2: to sell to us if there's still gold out there.
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  Speaker 2: It's crazy, right, did you ever do the balleratte thing
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  Speaker 2: where the gold. Yeah, that was very fun. And I
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  Speaker 2: have my little somewhere in probably Yeah, I have that
• 9:36
  Speaker 2: little jar of water with the like gold specs. You know,
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  Speaker 2: how do you and I like? Because we couldn't I'm
• 9:41
  Speaker 2: assuming the blue box. I think, couldn't find anywhere to
• 9:43
  Speaker 2: go buy some from the thing. I can't even remember
• 9:46
  Speaker 2: how I acquired it, honestly, all I remember from going
• 9:49
  Speaker 2: to Ballarat with those raspberry drops.
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  Speaker 3: Yeahs yep ye.
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  Speaker 2: Anyway back to proper gold, not panning for gold in
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  Speaker 2: grade three. The one at the top that we are
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  Speaker 2: going to take a bit of a closer look at
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  Speaker 2: beck is called Regious Resources, and their share price over
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  Speaker 2: the last twelve months has gone up more than one
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  Speaker 2: hundred and fifty percent. Who isn't that insane?
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  Speaker 3: I feel an urgency to buy, but I'm going to
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  Speaker 3: settle down.
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  Speaker 2: No settling, I mean, yes, settling down, but like one
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  Speaker 2: hundred and fifty percent increase.
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  Speaker 3: Yeah, that's pretty good.
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  Speaker 2: What makes people interested? Yeah?
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  Speaker 3: So what what are they who are resource?
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  Speaker 2: So their little gold penners, right, they're gold market, so
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  Speaker 2: they're probably not out there with their pans. They've got
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  Speaker 2: very big machinery, but they are a gold mining company
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  Speaker 2: that is based in Western Australia and they explore for gold.
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  Speaker 2: They develop the sites, so they like go out scout
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  Speaker 2: sites and be like this could be a good place
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  Speaker 2: to dig, and then they operate the mines to pull
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  Speaker 2: all of the gold out of the ground and then
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  Speaker 2: they sell it. One of their biggest assets is a
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  Speaker 2: thirty percent stake in the Tropicana gold Mine, which is
• 10:54
  Speaker 2: going to be not that much to you, but like
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  Speaker 2: owning thirty percent of another business is a big deal.
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  Speaker 2: Which is actually one of the major gold sites here
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  Speaker 2: in Australia, and it's a joint venture with another company,
• 11:07
  Speaker 2: because I said before, they're only owned thirty percent of
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  Speaker 2: it called Anglo Gold. A shanty beautiful name, I know,
• 11:12
  Speaker 2: a shanty like that's kind of cool, Shri Lankan and
• 11:16
  Speaker 2: like Indian names have like a magic about them. Yeah, totally,
• 11:20
  Speaker 2: just I'm like, majesty pretty, and then I got to
• 11:22
  Speaker 2: the Victoria, you know, like that just feels rude, mum. Anyway,
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  Speaker 2: they are known for being a low cost but very
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  Speaker 2: high output operation, so it's a very solid cash generator.
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  Speaker 2: So if we're looking at it and we zoom out
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  Speaker 2: a little bit, we go, well, you know, Regis Resources
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  Speaker 2: good company, they're doing some good stuff, but they also
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  Speaker 2: own thirty percent of another company that's doing really well. Yeah,
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  Speaker 2: so if I told you that, you go. They seem
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  Speaker 2: pretty smart, they seem pretty switched on. So they're onto
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  Speaker 2: a really good combination at the moment of rising gold prices,
• 11:55
  Speaker 2: which helps any minor to be honest, So any company
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  Speaker 2: that mines for gold is going to be pretty happy
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  Speaker 2: with the fact that gold's more expensive at the moment.
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  Speaker 2: And when you break it down, it's actually a really
• 12:06
  Speaker 2: solid operation. Like their business is running relatively leanly. They
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  Speaker 2: are doing you know, good business internally, like they're doing
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  Speaker 2: what they said they were going to do. So the
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  Speaker 2: production of gold for them is relatively stable, and their
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  Speaker 2: costs are i would say, under control, and they've been
• 12:23
  Speaker 2: investing some of their money, so a lot of their
• 12:25
  Speaker 2: profit is going into expanding their mind life so that
• 12:29
  Speaker 2: they're not just living for them now. They're like kind
• 12:31
  Speaker 2: of planning for the future, Like they clearly want to
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  Speaker 2: see this increase be sustainable. Yeah, like they want to
• 12:37
  Speaker 2: just keep on keeping on. But I think Beck it's
• 12:40
  Speaker 2: also really worth remembering that mining shares can be really volatile.
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  Speaker 2: They actually hold up a lot of the Australian share
• 12:46
  Speaker 2: market because as you know, or maybe do or don't.
• 12:49
  Speaker 2: I don't know how much research you've ever done into
• 12:51
  Speaker 2: it mining, but mining's massive in Australia, right, So like
• 12:54
  Speaker 2: you would have heard about fly and fly out people right,
• 12:58
  Speaker 2: Like you know, I feel like if you're in your
• 13:01
  Speaker 2: twenties or thirties, you've had a friend at some point
• 13:03
  Speaker 2: being like maybe I'll go to the mines for a
• 13:05
  Speaker 2: few years, or like maybe I'll xize it. I've all
• 13:08
  Speaker 2: talked about it. And the reason that we've talked about
• 13:10
  Speaker 2: this and we know, like you and I know that
• 13:12
  Speaker 2: if you go work in the minds, you make big money. Yeah, right,
• 13:15
  Speaker 2: And that exists because we have such a strong mining
• 13:19
  Speaker 2: export in Australia, Like there are lots of options, and
• 13:22
  Speaker 2: I think all of us know that most of it
• 13:24
  Speaker 2: happens in Western Australia because that's where all of the
• 13:26
  Speaker 2: like essentially gold is and all of the other things.
• 13:29
  Speaker 2: But we also export things like iron ore. So mining
• 13:32
  Speaker 2: in Australia is a very big business. In fact, it's
• 13:36
  Speaker 2: I think it's our number one like export. So the
• 13:38
  Speaker 2: thing that other countries buy from us has been mined. Oh,
• 13:42
  Speaker 2: which is kind of cool. But also I went, so funny,
• 13:45
  Speaker 2: maybe the word isn't funny here, but it's interesting as
• 13:49
  Speaker 2: well because so many of us are turning to be
• 13:51
  Speaker 2: ethical investors. Yeah, so therefore we're against mining. I was
• 13:54
  Speaker 2: thinking that.
• 13:55
  Speaker 3: I was like, is this bad for the environment.
• 13:57
  Speaker 2: But it can be, It can be, and I mean
• 13:59
  Speaker 2: completely so conversation, there are a lot of mining sites
• 14:02
  Speaker 2: that are putting a lot of money into becoming sustainable
• 14:06
  Speaker 2: and working on that and how to put back into
• 14:08
  Speaker 2: the environment because at the end of the day, like
• 14:11
  Speaker 2: even electric cars rely on petrol when it comes down
• 14:15
  Speaker 2: to it, right, Like, and I'm not saying we put
• 14:17
  Speaker 2: petrol into those cars, but like to power the grids,
• 14:21
  Speaker 2: we're probably using some type of coal to burn. I
• 14:25
  Speaker 2: think the only state that really relies on hydro is Tasmania.
• 14:28
  Speaker 2: And so there are Yeah, there's a lot for us
• 14:31
  Speaker 2: to do before we can completely be clean and green.
• 14:35
  Speaker 2: What we want it all from my perspective side note,
• 14:37
  Speaker 2: what we want to see as companies really investing in
• 14:40
  Speaker 2: sustainability and investing in becoming more green and investing in
• 14:43
  Speaker 2: our future.
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  Speaker 3: Yes, completely, not.
• 14:45
  Speaker 2: Burying their heads in the sand and being like whatever,
• 14:47
  Speaker 2: we're just going to keep getting this iron or bye.
• 14:50
  Speaker 2: But in saying that, mining can be relatively volatile, so
• 14:54
  Speaker 2: it goes up and down over time, and as you
• 14:57
  Speaker 2: would know, right now, people are kind of looking at
• 14:59
  Speaker 2: gold like, oh, that's pretty sexy, that's pretty interesting. I'm
• 15:03
  Speaker 2: interested in it. But like, if that momentum shifts or
• 15:06
  Speaker 2: costs creep up, the shine can wear off pre tea
• 15:09
  Speaker 2: quickly and you get over it and you're like, I'm
• 15:11
  Speaker 2: onto the next thing. And with a share price that's
• 15:14
  Speaker 2: already up more than one hundred and fifty percent back,
• 15:18
  Speaker 2: I would say some of that future optimism might already
• 15:20
  Speaker 2: be priced in.
• 15:21
  Speaker 3: I see.
• 15:23
  Speaker 2: Okay, so we're excited and we're just buying it, but like,
• 15:27
  Speaker 2: is it really worth one hundred and more right now? Yeah? Okay,
• 15:30
  Speaker 2: that's good to know, because I guess it does depend
• 15:32
  Speaker 2: on the seat of the economy or absolutely it does.
• 15:35
  Speaker 2: I see, I see, I see. Okay, So this next
• 15:37
  Speaker 2: one I see here hostal a U s t A
• 15:41
  Speaker 2: l Ostill.
• 15:43
  Speaker 3: I've obviously never heard of this.
• 15:45
  Speaker 2: What do they do? You're like, what's that? You've put
• 15:48
  Speaker 2: it on the list. I think that's very fair. And
• 15:51
  Speaker 2: I would actually say that most of our audience I
• 15:52
  Speaker 2: have never heard of Ostel. In fact, guessing gay, I
• 15:56
  Speaker 2: feel like you could assume they're Australian, they would think,
• 16:00
  Speaker 2: unless your special interest is ships and shifts.
• 16:04
  Speaker 3: And we will understand that context soon, I am aid.
• 16:08
  Speaker 2: Yeah, but they are a Western Australian company, see, and
• 16:11
  Speaker 2: they were started in nineteen eighty eight and they build
• 16:15
  Speaker 2: high end, high speed fairies, high speed fairy high speed fairies.
• 16:22
  Speaker 2: Get imagine album that coming. You're like Ostial obviously fairies
• 16:28
  Speaker 2: obviously obviously fairies speed anyway, Sorry, but over the past
• 16:32
  Speaker 2: few decades, I mean, I haven't had my eye on
• 16:34
  Speaker 2: the fairy trade, but I did do a little bit
• 16:37
  Speaker 2: of research for you. Don't worry, thank you. They're really
• 16:39
  Speaker 2: up to their game when it comes to fairies faster. Yeah.
• 16:42
  Speaker 2: Bet you didn't see that need I did not. Yeah.
• 16:45
  Speaker 2: So the fairy trade, it's been increasing and they've leveled
• 16:48
  Speaker 2: up and they've gone from being just like producing the
• 16:52
  Speaker 2: spirit of Tasmania to being a global player in defense.
• 16:57
  Speaker 2: Oh when you say defense, you go all big dog ships.
• 17:01
  Speaker 2: Yeah right, So they've got a shipyard in Western Australia
• 17:05
  Speaker 2: and the US and the Philippines and Vietnam, and they're
• 17:10
  Speaker 2: one of the only Australian companies that regularly build ships
• 17:14
  Speaker 2: for the US Navy. I would say that's a pretty
• 17:18
  Speaker 2: big deal. Yes, I would see, like you you go fairies,
• 17:22
  Speaker 2: that's cute, and yeah, you go hold on US Navy ships. Yeah,
• 17:26
  Speaker 2: I see. They've really they actually might be big dogs.
• 17:30
  Speaker 3: It's like in my head, very clear, like angel and
• 17:33
  Speaker 3: devil situation.
• 17:34
  Speaker 2: Yea, fairies. So they've been working away in the background. Yeah, okay,
• 17:37
  Speaker 2: track in a way, and they've been building their fairies. Sure,
• 17:40
  Speaker 2: and that is why their share price has increased by
• 17:43
  Speaker 2: more than one hundred and fifty percent in the past
• 17:45
  Speaker 2: twelve months. Chans why a lot of people are going
• 17:48
  Speaker 2: hard on hold on, Have I changed my special interest
• 17:51
  Speaker 2: from trains to fairies? Interesting? And a lot of that
• 17:55
  Speaker 2: growth actually came after they won a contract to build
• 18:00
  Speaker 2: up to twelve new what they call a landing ship
• 18:03
  Speaker 2: for the US Navy, and that deal alone for them
• 18:06
  Speaker 2: could be worth more than three hundred and eighty million
• 18:11
  Speaker 2: usd Oh my god.
• 18:12
  Speaker 3: So it hasn't happened yet.
• 18:13
  Speaker 2: I mean they've won the contract. Oh, I see it,
• 18:15
  Speaker 2: and they're starting to do it, but it's up to
• 18:17
  Speaker 2: twelve ships. It might not be the full twelve ships.
• 18:20
  Speaker 2: They might get to ten in the US Navy. You'll
• 18:21
  Speaker 2: be like that's enough for now, and they've won the contract.
• 18:24
  Speaker 2: So what happens when we say one a contract is
• 18:27
  Speaker 2: often when governments like the US government Australian government does this,
• 18:31
  Speaker 2: they go out to what's called tender. So essentially, let's
• 18:35
  Speaker 2: say let's say the Australian government wanted a new cleaning
• 18:40
  Speaker 2: company for Parliament House and all of the government locations
• 18:43
  Speaker 2: around Australia. They can't just go hey, Becky, if you've
• 18:46
  Speaker 2: got a friend, because that would not be kosher. What
• 18:49
  Speaker 2: they do is they put out a tender and they
• 18:52
  Speaker 2: say hey, we've got this job. And it's basically like
• 18:55
  Speaker 2: putting a job out on seek, but like for big dogs.
• 18:58
  Speaker 2: And they put their job out up and say I
• 19:00
  Speaker 2: want a cleaning company that can do ABC DNA, and
• 19:04
  Speaker 2: then all of the big cleaning companies would quote respond
• 19:07
  Speaker 2: and they would put together a pitch and be like,
• 19:09
  Speaker 2: well I could do it for three hundred million across
• 19:12
  Speaker 2: all of your locations. And then another company might come
• 19:14
  Speaker 2: back and be like, well I can do it for
• 19:15
  Speaker 2: two hundred and fifty million, and they kind of like
• 19:18
  Speaker 2: essentially bid bid. They put in their bid, sure, and
• 19:23
  Speaker 2: then the Australian government will weigh up those bids and
• 19:25
  Speaker 2: make a selection based on that. So that's what clearly happened.
• 19:28
  Speaker 2: In the US, ostil has won the contract for the
• 19:32
  Speaker 2: US Navy ships, which is kind of cool when you
• 19:34
  Speaker 2: think about it, that is really cool. So they like
• 19:37
  Speaker 2: landed or they won this contract, and then the share
• 19:40
  Speaker 2: price took off after that point. Yes, I see like
• 19:43
  Speaker 2: it had been taking off. They'd been going to the
• 19:45
  Speaker 2: next level. They've been doing really well. But I would
• 19:47
  Speaker 2: say that's the thing that really pushed them because that's
• 19:51
  Speaker 2: a massive contract. And I mean it's where three hundred
• 19:53
  Speaker 2: and eighty million US or up to I'm gonna have
• 19:57
  Speaker 2: to have a little Google even though I don't know
• 19:58
  Speaker 2: if I like this one, like investing wise, like is
• 20:02
  Speaker 2: it ethical anyway? They got questions about that, and I
• 20:05
  Speaker 2: mean we can have another conversation on another podcast episode
• 20:08
  Speaker 2: about ethics and how to manage them and negotiate what
• 20:10
  Speaker 2: that means with yourself. But I think this is just
• 20:14
  Speaker 2: interesting pieces around how are they making money? What does
• 20:17
  Speaker 2: that look like? But also Beck if this company's already
• 20:20
  Speaker 2: up one hundred and fifty percent, does that make them
• 20:22
  Speaker 2: a goodbye?
• 20:24
  Speaker 1: Right?
• 20:24
  Speaker 2: Are they going to keep going up? Are they like
• 20:27
  Speaker 2: at the peak? Or is that like you know, have
• 20:29
  Speaker 2: there been heaps of people who are really into ships
• 20:31
  Speaker 2: watching this and just buying incause they're excited when actually
• 20:34
  Speaker 2: the share price is not worth it.
• 20:36
  Speaker 3: There's a lot of questions, Yeah, I see, I see.
• 20:39
  Speaker 2: Okay, so they landed a big contract, their share price
• 20:42
  Speaker 2: takes off, and then what happens happens? So defense contracts,
• 20:48
  Speaker 2: I would say a massive whether that's in Australia, I
• 20:50
  Speaker 2: mean defense contracts in the US obviously are significantly larger.
• 20:55
  Speaker 2: And when you win one, the market is very reactive.
• 20:58
  Speaker 2: They're like, oh damn, because the defense I wouldn't say,
• 21:02
  Speaker 2: they've never knocked so I can't prove it. But like,
• 21:05
  Speaker 2: if the defense says they're going to pay you, they're
• 21:07
  Speaker 2: gonna pay you. It's not like, oh, they promise to
• 21:10
  Speaker 2: do this and then they don't. Like if the defense
• 21:12
  Speaker 2: is engaging you to build twelve ships, like they've already
• 21:15
  Speaker 2: worked out that they need the twelve ships, it's like
• 21:17
  Speaker 2: kind of almost guaranteed that that money is going to
• 21:20
  Speaker 2: go into their pocket, right, they're not going, oh, actually
• 21:24
  Speaker 2: six months, that person's redundant, Like they're not making decisions
• 21:27
  Speaker 2: and theyre being like, all work it out later, Like
• 21:29
  Speaker 2: this is pretty set in stone. But Ostel's not just
• 21:32
  Speaker 2: doing one off builds, which is kind of good. They
• 21:35
  Speaker 2: also do and this is where a lot of their
• 21:38
  Speaker 2: consistency in share price comes from. They do maintenance and
• 21:42
  Speaker 2: upgrades on ships as well, so like they're not just
• 21:45
  Speaker 2: building it and hoping consistently they get new people to
• 21:48
  Speaker 2: buy new ships. They do building and maintenance upgrades on
• 21:51
  Speaker 2: ships that are already out there, which then creates reoccurring
• 21:54
  Speaker 2: revenue because like, your ship needs servicing, babes absolutely every
• 21:59
  Speaker 2: I don't know, one hundred thousand knots or something, Yeah
• 22:01
  Speaker 2: that I mean like that, Like I don't know, do
• 22:04
  Speaker 2: you think that they're like just driving down the freeway
• 22:06
  Speaker 2: one day and then it pings like service.
• 22:07
  Speaker 3: Too soon, like my heart, yeah, like you swam seven hundreds.
• 22:12
  Speaker 2: But that obviously creates really really consistent, reoccurring revenue between
• 22:17
  Speaker 2: They're really big jobs, which people like because I mean,
• 22:20
  Speaker 2: if I'm going to buy into a company, I want
• 22:21
  Speaker 2: to know that they've got cash coming in consistently, yes,
• 22:24
  Speaker 2: and that stability really helps their numbers. Look, I would
• 22:28
  Speaker 2: say a lot healthier. And I guess defense is also
• 22:32
  Speaker 2: what we call a little bit like to be a
• 22:34
  Speaker 2: bit more negative a boom and bust industry. So if
• 22:38
  Speaker 2: you win the right contracts, sexy great ten out of ten.
• 22:42
  Speaker 2: But if not, or like let's say Ostel won this
• 22:46
  Speaker 2: because remember how they put their bid in. They said,
• 22:49
  Speaker 2: we can build these ships for this amount of cost
• 22:52
  Speaker 2: to the government. What if the cost of the iron
• 22:56
  Speaker 2: to build the ships increases significantly, the government's not going
• 22:59
  Speaker 2: to pay more because that's not what their contract is worth.
• 23:02
  Speaker 2: So that could cost Ostil a lot of money. And
• 23:05
  Speaker 2: if things blow out, the tables can turn very or
• 23:09
  Speaker 2: the waters can turn very quickly. Right, And Ostel's actually
• 23:13
  Speaker 2: had a number of different bumps over the years where
• 23:15
  Speaker 2: this has happened, including what you'd call margin pressure. So essentially,
• 23:20
  Speaker 2: are they actually making a lot of good profit or
• 23:22
  Speaker 2: are they actually like spending what they are making on
• 23:26
  Speaker 2: building these ships and just like calling it even But
• 23:29
  Speaker 2: right now they're on a hot streak. So right now
• 23:32
  Speaker 2: they're doing well, okay, but they don't have an incredible
• 23:35
  Speaker 2: track record for they're doing really well and generating really
• 23:39
  Speaker 2: big profits, like they get the job done, but they
• 23:42
  Speaker 2: might like spend what they made on building the ship
• 23:46
  Speaker 2: and be like, oh, thank god that's over and it
• 23:48
  Speaker 2: didn't cost us any more money, you know.
• 23:49
  Speaker 3: Oh okay, yeah, Gosha risky risky risky.
• 23:53
  Speaker 2: Okay.
• 23:54
  Speaker 3: This next one I have heard of, but in a
• 23:58
  Speaker 3: different context.
• 24:00
  Speaker 2: Sigma Healthcare Healthcare. Sigma feels frat boy, doesn't it. Sigma
• 24:06
  Speaker 2: Big Beta Yeah, yeah, right, yep, Sigma Healthcare. Why have
• 24:12
  Speaker 2: you heard of your healthcare?
• 24:14
  Speaker 3: Just because of that frat boy thing? But also I
• 24:16
  Speaker 3: did google it because I was like, what's.
• 24:18
  Speaker 2: Going on here? So it's they've just merged with Chemists Warehouse,
• 24:22
  Speaker 2: I believe. So, yes, Sigma, I've been googling and like
• 24:26
  Speaker 2: complete side note. Did you see the house in Byron
• 24:29
  Speaker 2: that the owner of Chemist Warehouse bought?
• 24:33
  Speaker 1: Oh?
• 24:34
  Speaker 2: I didn't see it. I didn't. It went well for you?
• 24:37
  Speaker 3: Can you can? Oh?
• 24:37
  Speaker 2: I was link it to you after. It's big it
• 24:40
  Speaker 2: was worth I can't even remember, like twenty three, twenty
• 24:42
  Speaker 2: four million dollars ridiculous Anyway, Yes, you're right, they did
• 24:46
  Speaker 2: just merge with Chemist Warehouse, which was really big, and
• 24:48
  Speaker 2: that's actually exactly why their share prices through the roof.
• 24:51
  Speaker 2: In fact, it's up more than one hundred and forty
• 24:54
  Speaker 2: percent this year.
• 24:55
  Speaker 3: Oh that's good.
• 24:56
  Speaker 2: So clearly the people love the facts that Hemists Warehouse
• 25:00
  Speaker 2: is now part of it. And I guess here's what's happened.
• 25:04
  Speaker 2: Sigma Healthcare and Chemist Warehouse merged, so they didn't just
• 25:08
  Speaker 2: buy like Sigma didn't buy Chemist Warehouse. They've like become
• 25:12
  Speaker 2: one company, if that makes sense, which is a little
• 25:14
  Speaker 2: bit different in early twenty twenty five, making them what
• 25:18
  Speaker 2: I would call, I don't know, a pharmaceutical powerhouse. Ohsuse
• 25:24
  Speaker 2: it is. But like, how much do you love Chemists Warehouse?
• 25:26
  Speaker 2: I actually really love it. I love Kemy's ware House.
• 25:29
  Speaker 2: It's like girl Bunnings. Yes, Like you know how boys
• 25:32
  Speaker 2: go to Bunnings and they just like walk.
• 25:33
  Speaker 3: Around look at stuff. The guys on the gays, Yeah, the.
• 25:36
  Speaker 2: Guys, the girls, yep, the girls in the gays, We're
• 25:39
  Speaker 2: all going to Chemists Warehouse. Like we walk around. If
• 25:41
  Speaker 2: I've got a script, I'm like, they're like, do you
• 25:43
  Speaker 2: want to wait in store? Yes, babe, I want to
• 25:45
  Speaker 2: wait in store. I've got to go look at the stuff.
• 25:48
  Speaker 3: Thank you, Like, can you take us as long as
• 25:50
  Speaker 3: you can?
• 25:50
  Speaker 2: Yeah? I'm always like how long will this take? And
• 25:52
  Speaker 2: it's not because I'm impatient, It's because I want to
• 25:54
  Speaker 2: know what time limit I have to walk around Chemists
• 25:56
  Speaker 2: Warehouse totally baby silly, give me my script, but like
• 25:59
  Speaker 2: at least ten minutes as well police. So now they
• 26:02
  Speaker 2: really own a very large part of the pharmaceutical retail network.
• 26:06
  Speaker 2: And I think that if anyone said name a chemist,
• 26:08
  Speaker 2: immediately you don't go am coow. I feel like in
• 26:11
  Speaker 2: the nineties you said am Cow. Yeah. Sure they are
• 26:14
  Speaker 2: an Amcal as well, but they also own Chemist ware House.
• 26:17
  Speaker 2: I think all of us go there anyway, love a
• 26:19
  Speaker 2: cheap script. But we're talking. They now have more than
• 26:22
  Speaker 2: one thousand pharmacy stores, including Chemists Warehouse. I told you before.
• 26:26
  Speaker 2: They also own Amcow and discount drug stores and Guardian Pharmacies.
• 26:31
  Speaker 3: They sound American, The discount drug store sounds Americans.
• 26:35
  Speaker 2: I think there's one in Rosebud. Have you seen it?
• 26:37
  Speaker 2: Really it's painted the same color as Chemist Warehouse. And
• 26:40
  Speaker 2: I'm always confused here and I'm not gonna lie. I'm
• 26:43
  Speaker 2: always disappointed because it's not Chemist Warehouse.
• 26:45
  Speaker 3: They always get you like that they're painted that same color.
• 26:47
  Speaker 2: And they also have sixteen very large distribution centers around
• 26:53
  Speaker 2: Australia which manage logistics and like delivery of medications and
• 26:57
  Speaker 2: health products. And the merger is actually ex so they've
• 27:00
  Speaker 2: obviously done their maths. Is actually expected to generate around
• 27:04
  Speaker 2: sixty million dollars in cost savings a year just from
• 27:07
  Speaker 2: streamlining everything. Great. So by these companies coming together, both
• 27:11
  Speaker 2: businesses are saving money because they both have facilities and
• 27:15
  Speaker 2: resources that they can use together. That's like, you know,
• 27:18
  Speaker 2: if you and I, I know you are very into pottery.
• 27:21
  Speaker 2: Beck by the way, guys has just launched her online
• 27:24
  Speaker 2: you have. You're so sweet, you just can't Is it
• 27:27
  Speaker 2: handmade by Beck? It's designed by designed by Everything is
• 27:32
  Speaker 2: handmade free hand everything. Yeah, anyway, you can go check
• 27:35
  Speaker 2: that out. Thank you Beck. It's like if I owned
• 27:38
  Speaker 2: a kiln and you and I k went into business together,
• 27:41
  Speaker 2: it just becomes cheaper for everybody. It's like a long
• 27:43
  Speaker 2: distance relationship, Like you're spending so much money going together,
• 27:46
  Speaker 2: so we have to pay one rent, one rent, one rent,
• 27:49
  Speaker 2: duel income, no more flights back and forth. We're gonna
• 27:52
  Speaker 2: become Dinks. Yes, so exactly. So when you actually own
• 27:57
  Speaker 2: the supply chain and then you also own the shop,
• 28:00
  Speaker 2: you can actually squeeze through more margin, move faster, and
• 28:04
  Speaker 2: create a better customer experience, which is great, but you
• 28:06
  Speaker 2: also become big dogs and you have a lot of money. Plus.
• 28:09
  Speaker 2: Chemist Warehouse I would say, you and I both love it,
• 28:11
  Speaker 2: but so does everybody, right, I would say it is
• 28:14
  Speaker 2: one of the most recognized retail brands in the country,
• 28:17
  Speaker 2: and they move a massive amount of product because have
• 28:20
  Speaker 2: you ever gone in and just bought what you meant
• 28:22
  Speaker 2: to buy? Never? But also the other thing too, did
• 28:24
  Speaker 2: you know that Chemists ware House sell literally everything they're
• 28:28
  Speaker 2: from birth to homo. That's fantastic. I coup believe. I
• 28:32
  Speaker 2: found some like Dexter scales, you know, those like ones
• 28:34
  Speaker 2: that I was like, there's no way Chemist ware House
• 28:37
  Speaker 2: is gonna have this.
• 28:37
  Speaker 3: They they do, they do.
• 28:39
  Speaker 2: They also sell a really good Aprincot delights in their
• 28:42
  Speaker 2: like health food, sect crazy crazy makeup, got you foot yet,
• 28:46
  Speaker 2: Got You and everything. The other cool thing about Chemist
• 28:49
  Speaker 2: Warehouse is that it's one of those companies that it
• 28:53
  Speaker 2: doesn't matter what's happening in the economy. Beck Yeah, people
• 28:56
  Speaker 2: are going to still shop there, so true, like it's
• 28:58
  Speaker 2: not it's it's not a luxury to go to the chemist.
• 29:02
  Speaker 2: And yes, you might stop picking up as many things,
• 29:04
  Speaker 2: but that company is always going to have people coming
• 29:07
  Speaker 2: in their doors because it's an essential service. Yeah, and
• 29:10
  Speaker 2: that's I think for us at the moment, really important
• 29:13
  Speaker 2: to consider when making investment decisions, like is this a luxury?
• 29:17
  Speaker 2: Is it a la boo boo? Yeah, because like what's
• 29:19
  Speaker 2: happening with the pop mart share market at the moment,
• 29:22
  Speaker 2: Like anyway, I've just got lots of questions about that.
• 29:25
  Speaker 3: Yeah, fair enough.
• 29:26
  Speaker 2: And also I don't know if other people are thinking
• 29:29
  Speaker 2: this way, because I feel like we see chemist Warehouses everywhere,
• 29:32
  Speaker 2: but they're not everywhere yet, Like they feel like they're everywhere,
• 29:36
  Speaker 2: but Chemists Warehouse still has so many growth opportunities in Australia,
• 29:40
  Speaker 2: and they're also moving into international markets, so they're moving
• 29:44
  Speaker 2: into like New Zealand, Ireland, China and get this do
• 29:48
  Speaker 2: you buy oh hor random? I think I'm most surprised
• 29:51
  Speaker 2: about China. Yeah yeah, ah, yeah, true, I'm just like
• 29:54
  Speaker 2: oh okay. Yeah. Also, they're just so like there's no
• 29:59
  Speaker 2: consistency here, so funny they're like New Zealand. Oh, actually
• 30:02
  Speaker 2: Ireland too and Dubai. Yeah, because there's no consistency. Okay, Queens,
• 30:08
  Speaker 2: I'm sure you have a good plan, but also not
• 30:11
  Speaker 2: to bring the mood down. There are a few things
• 30:13
  Speaker 2: that I would watch out for with this. The merger
• 30:16
  Speaker 2: still needs to be integrated properly, and that stuff is
• 30:19
  Speaker 2: always a bit messy, like when you're bringing companies together
• 30:22
  Speaker 2: and then all of a sudden there's two HR teams.
• 30:26
  Speaker 2: It's Battle of the HR teams, and then one team
• 30:28
  Speaker 2: ultimately gets made redundant, you know, like it's not yet
• 30:31
  Speaker 2: fun and there's just a lot of mess There's a
• 30:33
  Speaker 2: lot of programs. They might be using one software in
• 30:36
  Speaker 2: one company and another and another, and it just that
• 30:39
  Speaker 2: just feels messy. But that happens in any merger. Yeah.
• 30:44
  Speaker 2: And then the competition watchdog, the A Triple C, did
• 30:47
  Speaker 2: raise concerns that they're watching closely to make sure that
• 30:50
  Speaker 2: the merged business doesn't push out smaller players or cut
• 30:54
  Speaker 2: off rivals.
• 30:55
  Speaker 3: That's the cutest thing I've ever heard, what the.
• 30:57
  Speaker 2: AH Triple C is like, don't be mean to the Lakota. Well,
• 31:01
  Speaker 2: it does happen, and the Atriple seat is in charge
• 31:04
  Speaker 2: of making sure stuff like that doesn't happen, because if
• 31:06
  Speaker 2: you if you create such a big organization that it
• 31:09
  Speaker 2: swallows everything else, is that fair competition?
• 31:12
  Speaker 1: No?
• 31:13
  Speaker 2: Also, I don't know if you know this, but a
• 31:15
  Speaker 2: lot of the chemist warehouses are franchises, so like people
• 31:19
  Speaker 2: will go to chemist warehouse and be like, Yo, I'm
• 31:20
  Speaker 2: a pharmacist. I would love to pay you so that
• 31:23
  Speaker 2: I can open my own chemist warehouse, get access to
• 31:25
  Speaker 2: you distribution centers and all your products. I'll sell it.
• 31:28
  Speaker 2: I'll be the one. You know when you walk into
• 31:30
  Speaker 2: the chemist and there's like the pharmacist's name on the door. Oh,
• 31:33
  Speaker 2: they're the owner of the pharmacy.
• 31:35
  Speaker 3: Understood.
• 31:36
  Speaker 2: And we don't actually know how happy the franchisees are
• 31:39
  Speaker 2: going to stay and how that will work over the
• 31:43
  Speaker 2: long term, Like is that going to be really smooth
• 31:45
  Speaker 2: for them? Are they going to be really happy being
• 31:47
  Speaker 2: like a franchisee of such a big organization?
• 31:50
  Speaker 3: Like did they?
• 31:51
  Speaker 2: There's just lots of questions, you know, like you've got
• 31:55
  Speaker 2: franchisees to look after as well. Okay, okay, So but
• 31:59
  Speaker 2: also like if it were, it's going to be pretty big. Yeah, seriously,
• 32:02
  Speaker 2: which is why there are up one hundred and forty
• 32:04
  Speaker 2: percent because I think most of us are looking at
• 32:05
  Speaker 2: it being like, yeah, there's a few red flags, like
• 32:07
  Speaker 2: there are a few watch outs, but overall, I think
• 32:10
  Speaker 2: it's going to work. Well, oh my god, this sounds.
• 32:12
  Speaker 3: Like I mean obviously not giving advice, but ethically I
• 32:17
  Speaker 3: feel okay about this one.
• 32:18
  Speaker 2: I'm going to I'm probably gonna everybody wants their medications
• 32:21
  Speaker 2: to be cheaper. Totally, It's nice, exactly.
• 32:24
  Speaker 3: Okay, so we've covered some big names already. I don't
• 32:27
  Speaker 3: know you've got more of asleep.
• 32:28
  Speaker 2: It's not a feeling. That's because you've seen my notes
• 32:30
  Speaker 2: and they're all outlighted. I really do. And after the
• 32:33
  Speaker 2: break week and I have a look at two more
• 32:35
  Speaker 2: top performers on the AX this year. One is cashing
• 32:37
  Speaker 2: in on your online shopping habits smart, and the other
• 32:41
  Speaker 2: is quietly becoming a must have for fossie families. So guys,
• 32:44
  Speaker 2: stick around.
• 32:50
  Speaker 3: Welcome back. Everyone has always v D left us on
• 32:53
  Speaker 3: a cliffhanger.
• 32:54
  Speaker 2: I don't know if it was a cliff I need
• 32:55
  Speaker 2: to be better at the hook. I need to be creating,
• 32:58
  Speaker 2: like you, guys need to stick around. It's going to
• 33:00
  Speaker 2: change your life. No, because they would be when a
• 33:03
  Speaker 2: million dollars would be a would be really ridiculously rich,
• 33:08
  Speaker 2: would have American accents, would be guys, we wearing baseball caps.
• 33:11
  Speaker 3: We need that kind of like.
• 33:12
  Speaker 2: But we're just chill.
• 33:13
  Speaker 3: We're just like, hey, this is actually what's coming up.
• 33:14
  Speaker 2: We're trying. And I mean, before the break, you and
• 33:17
  Speaker 2: I had a bit of a deep dive into the
• 33:19
  Speaker 2: top three performers based on share price increase, so one
• 33:22
  Speaker 2: of two of them were one hundred and fifty percent
• 33:24
  Speaker 2: increase and one of them was one hundred and forty
• 33:26
  Speaker 2: percent increase. But now I've picked up a couple further
• 33:29
  Speaker 2: down the list, so they don't look as dramatic, but
• 33:32
  Speaker 2: I think they are absolutely worth having a deep dive
• 33:35
  Speaker 2: into the Yeah, okay, I did have just a quick glance,
• 33:37
  Speaker 2: and I'm shocked to my very core that Temple and
• 33:41
  Speaker 2: Webster it's made.
• 33:43
  Speaker 3: My list because I just thought they were a scam company.
• 33:46
  Speaker 2: Sorry you been a scam company.
• 33:47
  Speaker 3: I just ever bought from that.
• 33:48
  Speaker 2: I thought like I thought they were because they were
• 33:50
  Speaker 2: just so affordable. Yeah, yeah, and like that's why we're
• 33:53
  Speaker 2: liking it. Oh, Cozy Lives. I think we all want
• 33:57
  Speaker 2: cheaper furniture. Yeah, like the stories checking out. Yes, I've
• 34:00
  Speaker 2: actually ordered from them before. Then my girlfriend actually got
• 34:04
  Speaker 2: bar stools the other day and I was like, oh,
• 34:06
  Speaker 2: where are these from? They look so like I thought
• 34:07
  Speaker 2: they were like Coca Republic or something expensive, and she's
• 34:10
  Speaker 2: like a one hundred and fifty bucks or something each
• 34:13
  Speaker 2: on Temple and Webster. Temple and Webster, temp Webster anyway,
• 34:17
  Speaker 2: So Temple and Webster is actually not a scam. It
• 34:20
  Speaker 2: is actually Australia's biggest online based homewares brand that is
• 34:23
  Speaker 2: so good to know and for those of you who
• 34:26
  Speaker 2: maybe haven't seen it. They sell barstools to my friend.
• 34:29
  Speaker 2: They've also sold artwork to me. I've bought artwork from
• 34:32
  Speaker 2: my house before. But they also sell things like couches
• 34:34
  Speaker 2: and rugs and even baby cots and furniture like you
• 34:37
  Speaker 2: name it. If it's a piece of furniture in your house,
• 34:39
  Speaker 2: you can probably buy it on Temple and Webster and
• 34:40
  Speaker 2: the most gorgeous cool covers. I always just avoid it,
• 34:43
  Speaker 2: but I'm like, the only things I like are on
• 34:45
  Speaker 2: this legit and it's made my list because over the
• 34:48
  Speaker 2: last twelve months they've seen their share price increase by
• 34:51
  Speaker 2: more than one hundred percent. And get this, if we
• 34:55
  Speaker 2: like zoom Out a little bit more, because like, as
• 34:57
  Speaker 2: we all know, I love zoom Out. Over the last
• 34:59
  Speaker 2: five years, they've increased by more than two hundred and
• 35:01
  Speaker 2: forty percent.
• 35:02
  Speaker 3: Ooh okay, I'm jumping on that one.
• 35:04
  Speaker 2: So they're doing well and contrary to popular beck belief
• 35:08
  Speaker 2: like they're legit, they're really And I guess what's been
• 35:11
  Speaker 2: working for them so far is they've been riding this
• 35:14
  Speaker 2: wave of like online shopping growth smart So like I
• 35:18
  Speaker 2: feel like more and more of us. Yes, online shopping
• 35:21
  Speaker 2: has been around forever, not forever, but you know what
• 35:22
  Speaker 2: I mean, more than long enough. But I feel like,
• 35:26
  Speaker 2: especially with cost of living pressures, we're all kind of
• 35:29
  Speaker 2: turning to like checking the price twice, making a list,
• 35:33
  Speaker 2: going online, like cross checking things, seeing if we can
• 35:36
  Speaker 2: get a dupe, seeing if we can get something cheaper somewhere,
• 35:39
  Speaker 2: Like we're all being a little bit savvier. And I actually,
• 35:42
  Speaker 2: and this is not me talking about Amazon, but I
• 35:44
  Speaker 2: did some work with Amazon in what early June, and
• 35:49
  Speaker 2: they had a whole heap of research that said sixty
• 35:51
  Speaker 2: percent of people are now going and like putting things
• 35:55
  Speaker 2: on their list, but also spending more than four weeks
• 35:59
  Speaker 2: researching that eye and before purchasing sixty percent of people
• 36:02
  Speaker 2: like historically we're less impulsive. Yeah, so this is working
• 36:07
  Speaker 2: for Temple and Webster.
• 36:08
  Speaker 3: We that's you.
• 36:09
  Speaker 2: You caught us like I'm crazy, though, I'm crazy, and
• 36:12
  Speaker 2: they're like, I love a bit of research. And their
• 36:14
  Speaker 2: market share is up to two point nine percent, and
• 36:16
  Speaker 2: they've called this a quote once in a generation shift
• 36:20
  Speaker 2: from offline to online furniture purchasing, because I don't think
• 36:24
  Speaker 2: like even ten years ago, would you have purchased a
• 36:26
  Speaker 2: couch on the internet. Maybe nah, Yeah, but now that's
• 36:30
  Speaker 2: exactly where we're turning. And they have some serious ambition
• 36:33
  Speaker 2: as well, so they've publicly said that they want to
• 36:35
  Speaker 2: be the biggest furniture on homewares retailer in Australia, not
• 36:38
  Speaker 2: just online, just in general. They're like, no, we're going
• 36:41
  Speaker 2: to be the biggest of big dogs. And their business model,
• 36:44
  Speaker 2: when you dive into it, it's actually really lean as well,
• 36:48
  Speaker 2: like most of what they sell is actually drop shipped
• 36:50
  Speaker 2: straight from suppliers kind of genius, which means they don't
• 36:55
  Speaker 2: hold stock or even pay warehouses. Like there's no big
• 36:58
  Speaker 2: Temple and Webster ware house. They just take the order,
• 37:01
  Speaker 2: they process it, they collect their cut, and then they
• 37:04
  Speaker 2: tell the producer of that item to send it to
• 37:06
  Speaker 2: Beck where they which is kind of cool. That being
• 37:09
  Speaker 2: really cool. Less overheads, more flexibility, and fewer inventory risks,
• 37:13
  Speaker 2: so like they don't have big warehouses that they have
• 37:16
  Speaker 2: to ensure, they don't have factories full of fork clifts,
• 37:19
  Speaker 2: they don't have to have all of the people. They
• 37:22
  Speaker 2: get the other people to do it. Yeah. Clever, and
• 37:24
  Speaker 2: they're also smart. They have their own label as well,
• 37:28
  Speaker 2: so they make their own products, so they're kind of
• 37:30
  Speaker 2: designed and branded in house. And now they are making
• 37:34
  Speaker 2: up a very growing chunk of their revenue. And that's
• 37:36
  Speaker 2: important because when you have your own brand, it means
• 37:40
  Speaker 2: that you make more money. Better margins means better profit.
• 37:44
  Speaker 2: Oh my god, that's so good. I feel really bad now.
• 37:47
  Speaker 2: Sorry Template, I didn't I haven't bought from them ever.
• 37:49
  Speaker 2: It's like, if it's all y I have, you can
• 37:50
  Speaker 2: call them later and apologize. I think I will. And
• 37:52
  Speaker 2: Beck also it's twenty twenty five. Yeah, they've gone all
• 37:55
  Speaker 2: in on AI, which lots of people have, but it's
• 37:58
  Speaker 2: working for them, which it's already seen save heaps of
• 38:01
  Speaker 2: money and also improve their margins. Get this, more than
• 38:04
  Speaker 2: sixty percent of their customer service is now handed by technology. Okay, okay,
• 38:10
  Speaker 2: customer care costs set down by more than fifty percent,
• 38:13
  Speaker 2: shipping price accuracy is up, and revenue per site visit
• 38:17
  Speaker 2: has increased, so more people visiting their website are spending
• 38:20
  Speaker 2: more money with them. That's good money win for them. Plus,
• 38:23
  Speaker 2: they've just launched a new category called like built, which
• 38:26
  Speaker 2: sells DIY gear. They now sell like tiles and tap wear,
• 38:30
  Speaker 2: so they're not just furniture anymore. They're just taking over
• 38:33
  Speaker 2: and I reckon they're trying to just like take on
• 38:35
  Speaker 2: the whole reno journey and be like we'll sell anything
• 38:37
  Speaker 2: to you. Hey, why not turn out of ten? Why
• 38:40
  Speaker 2: stop it furniture when exactly, especially if it's drop shipping.
• 38:44
  Speaker 2: I'm like, that's you know, you don't have to worry
• 38:46
  Speaker 2: about like having so many things in your warehouse, Like, oh,
• 38:48
  Speaker 2: we don't, we don't know. They don't even do it.
• 38:50
  Speaker 2: They're just like, oh, we'll call back up when we
• 38:52
  Speaker 2: sell one of her things and she can send it
• 38:53
  Speaker 2: to them. That is so cooler, very interesting. Hey, so
• 38:58
  Speaker 2: is TEMpl and Webster like the funny. I mean, it
• 39:02
  Speaker 2: could be not quite, but they are trying. They're really
• 39:06
  Speaker 2: trying to get a slice of the same pie, especially
• 39:08
  Speaker 2: with I guess people moving more of their online spending online.
• 39:13
  Speaker 2: A little bit of a caveat though, the stock has
• 39:15
  Speaker 2: more than doubled, but it's not cheap oka. It's trading
• 39:18
  Speaker 2: at a high price to earnings ratio, which means investors
• 39:21
  Speaker 2: are pricing it as though it's going to have a
• 39:23
  Speaker 2: lot of future growth. So when you look at it,
• 39:26
  Speaker 2: you go, okay, cool, Like, tell me about this share price.
• 39:30
  Speaker 2: They haven't got the revenue to prove it, but I
• 39:32
  Speaker 2: think a lot of people are like, oh, Temple and
• 39:34
  Speaker 2: Webster is going to take off, and they really believe
• 39:36
  Speaker 2: in it, so that's why they're purchasing it. So if
• 39:38
  Speaker 2: that growth even slows slightly and they don't have the
• 39:42
  Speaker 2: sales to be consistently backing themselves in the way that
• 39:44
  Speaker 2: they have, this share price could actually drop and take
• 39:47
  Speaker 2: a hit. And if you're buying now, I would say, sorry,
• 39:51
  Speaker 2: Temple and Webster, but people are probably paying a premium
• 39:55
  Speaker 2: for your share price. Like I don't know if I
• 39:58
  Speaker 2: can say this but I personally wouldn't be purchasing it
• 40:01
  Speaker 2: at this price. I think it's a little bit overpriced,
• 40:05
  Speaker 2: and I think you're paying a premium for the share
• 40:07
  Speaker 2: and it might take off and you might be absolutely
• 40:09
  Speaker 2: rewarded for that, But for me right now, that's probably
• 40:12
  Speaker 2: you know, when you do a price to earnings ratio,
• 40:14
  Speaker 2: I'm like, that's not making that much sense. That's so smart. VDS.
• 40:18
  Speaker 2: Something I know about you is that you don't act
• 40:20
  Speaker 2: out of urgency. Sometimes I do when I really need
• 40:22
  Speaker 2: a hash brown.
• 40:23
  Speaker 3: That's so fair.
• 40:24
  Speaker 2: Yeah, Like, I'm just a girl at the end of day, exactly.
• 40:27
  Speaker 2: But when it comes to the share market, girl, I
• 40:30
  Speaker 2: am judging, you know how. Like on TikTok they say
• 40:33
  Speaker 2: we listen and we don't judge. No, I listen, I judge,
• 40:36
  Speaker 2: And that's what happens in the share market. I'm going
• 40:40
  Speaker 2: to yap about it and tell all my friends. Yeah,
• 40:41
  Speaker 2: well someone's got to absolutely you're doing God's work. Okay,
• 40:44
  Speaker 2: So this last one, I'm I actually have heard of
• 40:46
  Speaker 2: this Life three sixty. Yeah, I feel like I feel
• 40:50
  Speaker 2: like lots of us have heard of Life three sixty.
• 40:52
  Speaker 2: A lot of Americans use it, which makes sense because
• 40:55
  Speaker 2: it's based in San Francisco. It's a company that is
• 40:58
  Speaker 2: based over in the US, but it is listed on
• 41:01
  Speaker 2: the Australian Stock Exchange. So for anyone who is not
• 41:05
  Speaker 2: familiar with it, it's giving find my friends from iPhone, Yes,
• 41:09
  Speaker 2: but better so Life three sixty makes a very popular
• 41:13
  Speaker 2: what would you call it, like a family safety app? Yeah,
• 41:16
  Speaker 2: and it let's use this share like real time locations.
• 41:20
  Speaker 2: It gives you driving alerts like it can be like
• 41:22
  Speaker 2: Beck speeding crazy right, oh my god. And it tracks
• 41:25
  Speaker 2: loved ones or pets or your valuables. And it's really
• 41:28
  Speaker 2: big with parents and caregivers. I said, it's giving find
• 41:32
  Speaker 2: my friends on iPhone. But like Beck, you don't have
• 41:35
  Speaker 2: an iPhone, so we couldn't use that. But you and
• 41:37
  Speaker 2: I across different devices could use Life three sixty. It
• 41:39
  Speaker 2: also tells you when your friend's battery is low, so
• 41:42
  Speaker 2: you can do this little prompt that says charge your phone.
• 41:45
  Speaker 2: It's really good. I guess if like, your friend's going
• 41:47
  Speaker 2: on a date, you can see that they don't have
• 41:48
  Speaker 2: much battery left, you're kind of worried.
• 41:50
  Speaker 3: You just notice stick around a little bit.
• 41:52
  Speaker 2: Yeah, yeah, so good. They've also expanded into an area
• 41:55
  Speaker 2: called connected devices as well. So do you remember Tile,
• 41:59
  Speaker 2: the company they're like the tracking device Tile familiar? So
• 42:03
  Speaker 2: they own Tile Okay, So they own Tile which helps
• 42:05
  Speaker 2: you find your keys and stuff like you can put
• 42:07
  Speaker 2: it on a dog on your keys. And they also
• 42:10
  Speaker 2: own geobit, which actually tracks pets and kids using GPS,
• 42:15
  Speaker 2: which do you know what? I'm sorry? Before I was
• 42:17
  Speaker 2: a parent, I was like, why would you track your kids?
• 42:20
  Speaker 2: Invasion of privacy? And now I'm like, so where can
• 42:23
  Speaker 2: I put a tracker? Where can I put the tracker?
• 42:25
  Speaker 2: How do I do? I put it in his shoe?
• 42:26
  Speaker 2: Do I put it in his pocket? Like what happens
• 42:28
  Speaker 2: if he goes it out and puts it in the bin?
• 42:30
  Speaker 2: Just do I hide it in his backpack?
• 42:32
  Speaker 1: Like?
• 42:32
  Speaker 2: Go, I'm going to be crazy? Like this life three
• 42:34
  Speaker 2: sixty things makes sense to me. And over the last
• 42:37
  Speaker 2: twelve months, they've seen their share price rise by more
• 42:39
  Speaker 2: than one hundred percent and in the past five years
• 42:42
  Speaker 2: back get their sit down, it's risen more than one
• 42:45
  Speaker 2: thousand percent and toolate. The reason for this, like if
• 42:49
  Speaker 2: we dive a little bit deeper, is they're growing fast
• 42:52
  Speaker 2: and they've hit profitability for the very first time. Oh cool,
• 42:55
  Speaker 2: it's crazy. So so how do they haven't been making profit?
• 42:58
  Speaker 2: But they have been growing. And just because a company
• 43:01
  Speaker 2: doesn't have heaps of profit doesn't mean they're a bad company.
• 43:05
  Speaker 2: They could be reinvesting all of it back into technology
• 43:08
  Speaker 2: or staff for advancements. You actually have to look into it.
• 43:11
  Speaker 2: Just because they're not drawing profit and giving it to
• 43:14
  Speaker 2: shareholders doesn't mean it's a bad company. Right. They've actually
• 43:17
  Speaker 2: got now more than eighty three million monthly active users. Okay,
• 43:24
  Speaker 2: that's a lot of people using it, and there are
• 43:26
  Speaker 2: more than or in and around I'd say two point
• 43:29
  Speaker 2: four million paying subscribers. Two point four million people subscribing
• 43:35
  Speaker 2: to their platform, which I don't know if you know
• 43:37
  Speaker 2: anything about subscriptions, but like business savvy me, that's strong,
• 43:43
  Speaker 2: reoccurring revenue. Yeah, every single month, two point four million
• 43:47
  Speaker 2: people are paying you.
• 43:48
  Speaker 3: I am stuck on.
• 43:51
  Speaker 2: They haven't made profit until now, and so I'm like,
• 43:53
  Speaker 2: how do they survive? Like how they're paying their rent? Well,
• 43:56
  Speaker 2: they could have been paying their rent, right, they could
• 43:58
  Speaker 2: have been making like let's say they make ten dollars
• 44:00
  Speaker 2: and then operation costs to ten dollars. They're not making profit.
• 44:03
  Speaker 2: There's nothing to bring out of the business, but maybe
• 44:05
  Speaker 2: every single dollar that they earned they were finding a
• 44:08
  Speaker 2: way to spend back in. Okay, sobly sometimes if you
• 44:11
  Speaker 2: have a company where every single dollar earned is being spent,
• 44:14
  Speaker 2: that doesn't mean it's a good spend. Yeah, but now
• 44:17
  Speaker 2: they've kind of got the numbers to prove it. Because
• 44:18
  Speaker 2: if you've got eighty three million people using your platform
• 44:23
  Speaker 2: or you know, active users, and then you've got two
• 44:26
  Speaker 2: point four million people paying you monthly, they've clearly been
• 44:30
  Speaker 2: reinvesting into getting more people and drawing that in and
• 44:33
  Speaker 2: now they might go all right, time to sit back,
• 44:35
  Speaker 2: time to stop reinvesting and start making profit because at
• 44:38
  Speaker 2: some point we all just want to make money. They've
• 44:41
  Speaker 2: started making money on their core product now, which obviously
• 44:46
  Speaker 2: as an investor, we love that. And they're growing revenue
• 44:50
  Speaker 2: by over thirty percent year on you. So that's pretty good. Like,
• 44:53
  Speaker 2: that's good growth even while other tech companies are slowing down. Yeah,
• 44:58
  Speaker 2: their business model is known what's I don't know, have
• 45:00
  Speaker 2: you heard a freemium No, but I can imagine. Yeah,
• 45:04
  Speaker 2: So their business model is known as like a freemium model,
• 45:07
  Speaker 2: which means that the basic app is free. We love this.
• 45:11
  Speaker 2: It means that there is a lot of people, as
• 45:14
  Speaker 2: you can tell because they have eighty three million active
• 45:16
  Speaker 2: users but only two point four million pay them. Yeah,
• 45:19
  Speaker 2: so it means that there's a lot of opportunity to
• 45:22
  Speaker 2: upsell to premium features like maybe crash detection on their platform,
• 45:26
  Speaker 2: or like driving reports or emergency assistance or whatnot. So
• 45:29
  Speaker 2: you don't have to pay to use their platform, which
• 45:31
  Speaker 2: I think is nice. You obviously have to pay to
• 45:33
  Speaker 2: get their product, but you don't have to pay to
• 45:35
  Speaker 2: use their subscription. And their device ecosystem, I would say,
• 45:39
  Speaker 2: is very clever. Like it's pretty smart anyway, if you
• 45:42
  Speaker 2: buy a tile or you buy a geobit that locks
• 45:45
  Speaker 2: you in even more. It's not just an app anymore.
• 45:48
  Speaker 2: It's like a whole platform for family safety. Sure, it's
• 45:53
  Speaker 2: kind of cool.
• 45:53
  Speaker 3: That is cool, and I haven't paid for a subscription,
• 45:56
  Speaker 3: but I feel like I'm getting more than a bug
• 45:58
  Speaker 3: and for it.
• 45:59
  Speaker 2: Like I have an or right and I'm obsessed with
• 46:01
  Speaker 2: my Aura ring. But the thing that annoys me the
• 46:03
  Speaker 2: most is like I can't use my or ring unless
• 46:05
  Speaker 2: I pay the monthly subscription. Oh that is so dumb.
• 46:09
  Speaker 2: I know.
• 46:10
  Speaker 3: I don't like it.
• 46:10
  Speaker 2: And like I love my Aora ring to bits, but
• 46:13
  Speaker 2: I also kind of go, maybe all change. There's like
• 46:15
  Speaker 2: one called a Superhuman ring that has a free app,
• 46:18
  Speaker 2: and I'm kind of like, oh, I'll move off that.
• 46:20
  Speaker 2: So like, I think other consumers feel this way as well,
• 46:23
  Speaker 2: Like we all want a free option and then maybe
• 46:27
  Speaker 2: pay for upgrades. Totally. I get that. Like a bit
• 46:31
  Speaker 2: and that is a Mozza that ring, so it's like
• 46:34
  Speaker 2: you've paid surely well and truly anyway, enough about that,
• 46:38
  Speaker 2: I'm getting angry now, so you're mad about it?
• 46:41
  Speaker 3: So what kind of things should we be watching out for?
• 46:44
  Speaker 2: Right?
• 46:44
  Speaker 3: Yeah?
• 46:44
  Speaker 2: So first of all, it's a US company competing with
• 46:48
  Speaker 2: I would say the US giants. So it's competing with Apple,
• 46:51
  Speaker 2: it's competing with Google, and I mean the first thing
• 46:54
  Speaker 2: I did when trying to explain Life three sixty to
• 46:56
  Speaker 2: you was like, find my friends on Apple. So clearly
• 47:00
  Speaker 2: there's competition. But these platforms like Apple and Google, they
• 47:04
  Speaker 2: actually already have these systems built into their devices, so
• 47:09
  Speaker 2: like find my Friends is free for me on my iPhone,
• 47:12
  Speaker 2: So like, why would I go and get Live three
• 47:15
  Speaker 2: sixty if there's already a free version on my phone? Yeah? Right,
• 47:19
  Speaker 2: and I think that having that pre built in location
• 47:23
  Speaker 2: sharing tool might be I don't know, something that is
• 47:27
  Speaker 2: a risk for them. So they have to stay ahead
• 47:30
  Speaker 2: by offering better features, like they're going to need to
• 47:33
  Speaker 2: be more accurate, they're going to need to build more loyalty,
• 47:36
  Speaker 2: like they're going to have to be quite strategic about that.
• 47:39
  Speaker 2: And while their subscriber base is growing, I would say
• 47:43
  Speaker 2: the valuation is a little bit rich, Like when you
• 47:47
  Speaker 2: break it down, their share price is already reflecting I
• 47:51
  Speaker 2: would say, very high expectations for performance, like, yes, it
• 47:55
  Speaker 2: is so cool that they have increased, Yes, it is
• 47:57
  Speaker 2: so cool that like it's one hundred percent, like and yes,
• 48:01
  Speaker 2: over five years they've increased one thousand percent, like big dogs,
• 48:04
  Speaker 2: let's go. But I would say that's set high expectations.
• 48:09
  Speaker 2: But like we went back to the point that you
• 48:11
  Speaker 2: got a little bit stuck on before You're like, what
• 48:12
  Speaker 2: do you mean they haven't made profit? Yeah, exactly, Beck, exactly.
• 48:17
  Speaker 2: So any slip and performance or any like slowed down
• 48:20
  Speaker 2: in their growth could actually spook the market and people
• 48:23
  Speaker 2: might start selling and being like I was excited about
• 48:26
  Speaker 2: Life three sixty, Now I'm not so. I guess Life
• 48:29
  Speaker 2: three sixty. They have a really sticky product, Like once
• 48:33
  Speaker 2: you're in the ecre it's like people who are already
• 48:35
  Speaker 2: in the Apple ecosystem. Yeah, so hard to leave, so
• 48:39
  Speaker 2: hard to leave. I get that. But having a sticky
• 48:43
  Speaker 2: product means they have lots of ways to scale, but
• 48:45
  Speaker 2: you have to be comfortable with the fact that it's
• 48:48
  Speaker 2: still in what I would call growth mode and it's
• 48:51
  Speaker 2: being priced that way. Yeah, okay, okay, so that was
• 48:56
  Speaker 2: I mean, my biggest takeaway here is that I not
• 49:00
  Speaker 2: to give advice. There are a few things on here
• 49:02
  Speaker 2: that I just kind of want to keep my eye on.
• 49:04
  Speaker 2: So we've made it through this big list of five.
• 49:07
  Speaker 2: What's the big takeaway you want to leave us with?
• 49:09
  Speaker 2: I guess before we wrap, I want to do another
• 49:11
  Speaker 2: disclaimer because I'm always so anxious talking about share prices
• 49:15
  Speaker 2: and stuff. But everything you and I have been chatting
• 49:18
  Speaker 2: about today, it's just a little bit of a snapshot
• 49:21
  Speaker 2: in time, right, It's just a snapshot in time. Past
• 49:25
  Speaker 2: performance is not a reliable predictor of future performance. Trec
• 49:28
  Speaker 2: and I want to drum that into absolutely everyone, And
• 49:30
  Speaker 2: it's just based on where markets were when we hit
• 49:34
  Speaker 2: record on this episode today, Like things could change, Like
• 49:37
  Speaker 2: you could be listening to this episode literally two days
• 49:40
  Speaker 2: after I record it, and Life three sixty could be
• 49:42
  Speaker 2: through the floor.
• 49:43
  Speaker 3: That's not true.
• 49:44
  Speaker 2: Who knows, So, you know, take everything with a grain
• 49:47
  Speaker 2: of salt. Yes, share prices, they move, and they move fast,
• 49:50
  Speaker 2: and even in the last week, some of the numbers
• 49:52
  Speaker 2: will have shifted, right, And that's okay because we're just
• 49:55
  Speaker 2: having a chat about it, and we all have a
• 49:57
  Speaker 2: head screwed on You New York going to go make
• 49:59
  Speaker 2: an investment to see based on this conversation, are you, Beck? No,
• 50:02
  Speaker 2: absolutely not. And while a company doubling in value might
• 50:06
  Speaker 2: sound really sexy and it might sound really impressive, that
• 50:09
  Speaker 2: doesn't actually automatically make it a good investment right now,
• 50:12
  Speaker 2: right you might go, they've doubled fantastic, I want to
• 50:14
  Speaker 2: get on that train. Sorry, sit down. Just because you
• 50:18
  Speaker 2: saw the shiny train doesn't mean we need to get
• 50:20
  Speaker 2: on the shiny train. You don't even know where it's.
• 50:22
  Speaker 3: Going, totally. Maybe it's peak.
• 50:23
  Speaker 2: It could be overly expensive, yeah, sorry, Are we overpaying
• 50:27
  Speaker 2: for things in twenty twenty five? No, absolutely not. And yes,
• 50:30
  Speaker 2: in some ways it could be priced for what people
• 50:33
  Speaker 2: will hope will happen, which is a lot of what
• 50:36
  Speaker 2: we've seen in this episode, and it's not what I
• 50:38
  Speaker 2: actually guaranteed. So I mean, I'm still a blue chip
• 50:42
  Speaker 2: stock kind of girly. And no matter how shiny something
• 50:45
  Speaker 2: looks back, whether it's gold or tech or furniture or pharmacy,
• 50:48
  Speaker 2: you literally never want to put all of your investing
• 50:51
  Speaker 2: eggs in one investing basket. Like I'm not going to
• 50:53
  Speaker 2: go buy just pharmaceuticals. I'm not going to go buy
• 50:57
  Speaker 2: just gold because, as we said before, gold perform when
• 51:00
  Speaker 2: the market's in turmoil. Yes, and we want to spread
• 51:04
  Speaker 2: across everything. He really good diversification. Did you just say,
• 51:08
  Speaker 2: hedge it, get it clean, get it clean, Thank you.
• 51:12
  Speaker 2: But diversification is the name of the game, right We
• 51:15
  Speaker 2: want that, and the goal is to build a portfolio
• 51:17
  Speaker 2: that weathers all of the different conditions and ultimately helps
• 51:22
  Speaker 2: us create wealth, not just looks shiny and is a
• 51:25
  Speaker 2: bit click baity and oh my god, I saw this
• 51:27
  Speaker 2: online and I'm going to buy it right now. That's
• 51:28
  Speaker 2: not how we We don't chase what's going on in
• 51:31
  Speaker 2: the moment. We get to look at it, we get
• 51:33
  Speaker 2: to be pervy, we get to watch all the tiktoks,
• 51:35
  Speaker 2: we get to have a yap about it, we get
• 51:36
  Speaker 2: to listen to podcasts about it. Doesn't mean we're buying it, right, Yeah, totally.
• 51:41
  Speaker 2: And of course, if picking individual stocks is not your thing,
• 51:44
  Speaker 2: which it doesn't have to be. I think I've told
• 51:47
  Speaker 2: you guys before, pretty publicly, I'm an ETF girlie. She's
• 51:49
  Speaker 2: an ETF girly, I'm an ETF girlie. Or if you
• 51:52
  Speaker 2: just don't have time, there are so many other ways
• 51:55
  Speaker 2: you too could be an ETF girlie. You don't have
• 51:57
  Speaker 2: to keep up with every market move. Or you could
• 52:00
  Speaker 2: do what I do, keep up with every single market
• 52:03
  Speaker 2: move because you're really interested in it, but in the background,
• 52:05
  Speaker 2: you're actually investing portfolio. Really Vanilla, really base sick. She's
• 52:10
  Speaker 2: a little bit boring, But like, girl, you best believe
• 52:13
  Speaker 2: when I retire, I'm going to be pretty well. I
• 52:16
  Speaker 2: know you're gonna be oh my god, I'm gonna be okay.
• 52:19
  Speaker 3: You know, yeah, you're gonna be okay.
• 52:21
  Speaker 2: Like I've put myself in a position where I can
• 52:24
  Speaker 2: comfortably say that the coffees will be on me. Yeah okay,
• 52:27
  Speaker 2: And that's the position I think most of us want
• 52:29
  Speaker 2: to be in. I will remember that for sixty years.
• 52:32
  Speaker 2: I mean you probably remember it now. I don't think
• 52:34
  Speaker 2: we've ever gone out and let you pay for a coffee.
• 52:37
  Speaker 3: Actually, that's very true. Sit down so great tips is
• 52:40
  Speaker 3: always v D. Thank you so much.
• 52:41
  Speaker 2: I do try it, but I do love having a
• 52:43
  Speaker 2: yap about the share market. God, I know you have
• 52:45
  Speaker 2: good feedback. Let us know, because then my producer will
• 52:47
  Speaker 2: let me do more episodes like this. Yes, please say
• 52:51
  Speaker 2: it's in the comments on Spotify. Be like, please, Emma,
• 52:53
  Speaker 2: please let Victoria have more share, Please more share talk.
• 52:57
  Speaker 2: If you found this episode.
• 52:58
  Speaker 3: Helpful, make sure you follow the show.
• 53:00
  Speaker 2: We've got plenty more deep dies like this coming your way,
• 53:03
  Speaker 2: and we'd love to have you along for the ride.
• 53:05
  Speaker 3: He'd follow, leave us a review, or share this with
• 53:07
  Speaker 3: a friend who's trying to make sense of the market too.
• 53:09
  Speaker 3: I love this. This is so cute.
• 53:11
  Speaker 2: It just reminds me that I want to stay in
• 53:13
  Speaker 2: ear tea earlier, Like I love the drama. I want
• 53:16
  Speaker 2: to talk about it, but it's like I'm that type
• 53:18
  Speaker 2: of person who I love to hear about the drama
• 53:20
  Speaker 2: but like to be involved. I want to hear what
• 53:23
  Speaker 2: your friend did at the hairdresser. I don't want to
• 53:25
  Speaker 2: go to the hairdresser. You know, if goss has dropped,
• 53:28
  Speaker 2: if tears spilled in the forest and no one's around
• 53:31
  Speaker 2: to hear it, did it ever spill? Exactly?
• 53:34
  Speaker 3: Is what I'm trying to say.
• 53:35
  Speaker 2: And you know what you mean. Let's go and actually
• 53:37
  Speaker 2: get a coffee so that that can come out straight
• 53:39
  Speaker 2: for the next six see later, guys, Hi, guys, did
• 53:48
  Speaker 2: buy shared? Or She's on the Money is general in
• 53:51
  Speaker 2: nature and does not consider your individual circumstances. She's on
• 53:55
  Speaker 2: the Money exists only for educational purposes and should not
• 53:58
  Speaker 2: be relied upon to make it in smith or financial decision.
• 54:01
  Speaker 2: If you do choose to buy a financial product, read
• 54:04
  Speaker 2: the PDS TMD and obtain appropriate financial advice tailored towards
• 54:08
  Speaker 2: your needs. Victoria Divine and Sheese on the Money are
• 54:11
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  Speaker 2: A b N three two one six four nine two
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