We recently reviewed Genworth Mortgage Insurance Australia (ASX:GMA) after the Company reported its results for the six months to 30 June 2019 (1H19). While the financial performance has been mixed in recent periods, we assessed the GMA’s credentials as a yield play. By way of background, the Company is the leading provider of Lenders Mortgage Insurance (LMI) in the Australian residential mortgage lending market. It has an estimated market share of approximately 31% of the Australian high loan-to-value ratio mortgage …

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Emeco Holdings (ASX:EHL) shed half its value at the end of 2018. However, things are now looking better for the Company. About Emeco Holdings Emeco Holdings provides rental of original equipment manufacturer (OEM) machines for customers in the mining industry. Key macro drivers for the business include: i) High mining production volumes, supported by high A$ commodity prices, ii) Incentive for miners to retain production flexibility, ii) Normalisation in Australian mine maintenance capital expenditure following several years of underinvestment, iv) …

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This post formed the basis of an article which then appeared in The Sydney Morning Herald / The Age on 7 August 2019. Michael Gable is a regular expert contributor to the SMH/The Age and appears every Sunday in “The Shares Race”. You can access the online version HERE. The Australian share market heads into reporting season where many ASX-listed companies announce their full year results. It can be a minefield for investors because of the chance that one of …

Read MoreThree stocks to thrive this reporting season