Paladin, which managed to win $420m of govt security contracts despite registering an address on Kangaroo Island that doesn’t have a post box, has reshuffled its ownership structure. Meanwhile Dutton distances himself
Johnny Shapiro
4,294 posts
Johnny Shapiro
@johnnyshap
@FinancialReview journalist covering finance, markets and investing. Arsenal fan and dad. [email protected]
- This is the crazy story of Johnny Coin… Last week, inspired by President Donald Trump, we had a crazy idea: to create our own meme coin and write about it in the weekend @FinancialReview . What could go wrong? A lot but we figured it was worth a shot.
- This is what I hope is the definitive piece on our investigation into Big Un which was only possible with a lot of help from a lot of people who had no motivation other than for the full story to be told afr.com/business/insid…
- Latest disturbing development in the #paladinaffair Dept Home Affairs officials either didn't know or neglected to tell senators on Monday that in September they had demanded the head of Paladin, and main shareholder resign from the project
- My interview with @CliffordAsness on a touchy subject for funds managers - the decade long value investing funk
- My take on short reports. The best protection against short seller attacks is good governance, conservative accounting and an aversion towards stock promotion.
- I had to apologise to friends and family around the world before writing this column and spent most of last night in several concurrent text message debates... but here is the outcome.
- More intrigue in the #paladinaffair Home Affairs lawyers sought to strike out FOI clause and removed Commonwealth Procurement Rule requirements from Paladin contract afr.com/news/policy/fo…
- One broker is arguing that since Wisetech trades at 20x sales and it’s average acquisition is at 5.6x, the $250m of equity it is raising will create $900m of ‘value’. Capital markets at their finest folks
- Exciting news. We’ve just got our hands on our first hard copy of ‘Buy now, pay later - the extraordinary story of Afterpay’ authored by myself and @eyersj published by @AllenAndUnwin.. in bookstores 3 August
- DB analysts uncover what appears to be a major flaw in the APRA mortgage data which may be understating the average home loan balance of $276k by up to 40%
- The soldier of fortune, feature with @AngusGrigg @lmurray75 on the unfolding #PaladinAffair that we have been covering intensely all week afr.com/news/policy/fo…
- Based on the 2018 returns I’ve seen I think these guys are selling themselves short
