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Tom Richardson

Tom Richardson

Tom is a holder of the CFA Society of the UK administered Investment Management Certificate (IMC) and has more than a decade's professional experience in the investment management industry in Australia and the UK. Tom now works as a writer and editor for TMF Australia and has two easy to remember rules of investing he likes to follow. Avoid overpaying for growth stocks and avoid paying at all for stocks that are cheap for a reason. Tom prefers growth investing over value investing and says it's not rocket science, just avoid overpaying for the best returns.

Recent Articles

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Share Market News

Why your Bank of Queensland shares are tumbling today

| Tom Richardson

The bank issued 32.1m new shares at $7.78 per share to institutional investors in a result it reported at the…

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Share Market News

Goldman Sachs on the fence over Sonic shares

| Tom Richardson

Sonic Healthcare Limited (ASX: SHL) shares have been among the best on the S&P/ ASX200 (ASX: XJO) over the past…

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Share Market News

Top broker downgrades Pro Medicus's profit forecasts

| Tom Richardson

At $26.49 Pro Medicus trades on 85x estimates for EPS of 31 cents over fiscal 2021. It's not going to…

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Share Market News

Goldman Sachs tips Fisher & Paykel shares as a sell

| Tom Richardson

Goldman's reports the direction of gross margins is a 'critical factor' supporting Fisher & Paykel shares. It has a sell…

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Share Market News

SEEK shares slip on warning profit guidance at risk

| Tom Richardson

SEEK has lowered its dividend payout ratio as it looks to save cash for reinvestment. It continues to divide the…

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Share Market News

Are Australian banks facing a new great crisis?

| Tom Richardson

The first three crisis to hit banks were labelled as deregulation in mid 1980s, the early 90s recession, and the GFC.

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Share Market News

Goldman Sachs tips Ramsay shares as a sell

| Tom Richardson

Goldman's is forecasting three-year compound sales and earnings per share growth of 6% and 3% respectively.

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Goldman Sachs tips ResMed share price as a buy

| Tom Richardson

The analysts' $24 price target is reached largely by using a multiple of 24.3x EBITDA to enterprise value over the…

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Share Market News

Goldman Sachs tips CSL share price to hit $300

| Tom Richardson

On the back of the strong immunoglobulin sales Goldman's is forecasting EPS of US$5.53 in FY 2021 to place it…

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Share Market News

Here's more evidence the AML/CTF Act is confusing Afterpay, lawyers, and corporate Australia

| Tom Richardson

We've now seen Afterpay, Westpac and CBA fall foul of AML/CTF rules in part due to confusion over reporting obligations.…

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Share Market News

Why Mayne Pharma shares tanked on its AGM

| Tom Richardson

The shares are now down more than 75% since August 2016 just after the group made a giant $887 million…

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Goldmans Sachs thinks Medibank shares are a sell

| Tom Richardson

If Goldman's analysis is on the money Medibank shares cloud slide around 14% in less than 12 months. 

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Share Market News

Goldman Sachs tips Suncorp shares as a buy

| Tom Richardson

Suncorp's on 14.9x Goldman's estimate of earnings with a 5.5% yield if Goldman's estimates for 72 cents per share in…

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Share Market News

Goldman Sachs tips Rio Tinto shares as a buy

| Tom Richardson

Goldman's is forecasting iron ore price to average US$86 a tonne over 2020.

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Share Market News

Goldman Sachs tips BHP shares as a buy

| Tom Richardson

Goldman's expects iron ore to make up around 65% of group EBITDA in 2019 it also suggested BHP could increase…

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Share Market News

Warning: These are the 10 worst mid-cap shares of 2019

| Tom Richardson

Given tomorrow's events are a known unknown even popular shares can go backwards. While other companies' valuations will fall simply…

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Share Market News

Will iSignthis's ESG certificate impress the ASX?

| Tom Richardson

Unfortunately, iSignthis's ESG certificate is unlikely to impress the compliance team at the ASX.

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Share Market News

These are the 10 worst blue-chip shares in 2019

| Tom Richardson

Being blue-chip or large cap does not mean a company and its valuation cannot hit tough times.

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Share Market News

Electro Optic Systems raising $68m, upgrades EBIT guidance

| Tom Richardson

Over the six months to June 30 2019 it reported a net profit of $7.5 million on sales of $57.4…

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Share Market News

Why Webjet shares are soaring today

| Tom Richardson

The digital travel business told investors to expect underlying EBITDA between $157 million to $167 million over FY2020.

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Share Market News

Kogan shares are up 157% over the past year

| Tom Richardson

Kogan.com Ltd (ASX: KGN) shares have swung wildly over the past year but the trend has generally been higher.

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Share Market News

Why WiseTech shares are tanking today

| Tom Richardson

Wisetech Global Ltd (ASX: WTC) shares are down 10 per cent today despite the SaaS player confirming it's on track…

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Share Market News

Here's why the a2 share price is soaring today

| Tom Richardson

It forecast H1 FY 2020 revenue should land between $780 million to $800 million. Over the half it expects direct…

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Share Market News

Is Sonic Healthcare the best dividend share on the ASX?

| Tom Richardson

Sonic shares are up more than 10x since 1999 and you cannot beat the combination of rising dividends and share…

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Share Market News

Woodside Petroleum reveals plan to "triple reserves"

| Tom Richardson

Woodside's two core assets for now are its Pluto and North West Shelf LNG projects on offshore WA.

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Share Market News

Here's why the Coca-Cola share price surged today

| Tom Richardson

Over FY 2019 Coca-Cola paid 31 cents per share in dividends to place it on a trailing yield of 4.3%.…

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Share Market News

Why the Prospa share price tanked today

| Tom Richardson

Prospa Group Ltd (ASX: PGL) shares cratered 28% this morning after the small business lender warned that its expected calendar…

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Share Market News

Why the Appen share price is soaring today

| Tom Richardson

Appen Ltd (ASX: APX) shares are 14 per cent higher to $26.70 today after the machine learning business upgraded its…

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Share Market News

Monash IVF share price slips on profit warning

| Tom Richardson

The Monash IVF Group Ltd (ASX:MVF) share price is 2 per cent lower at $1.06 this morning after the IVF…

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Share Market News

iSignthis shares suspended 'until further notice'

| Tom Richardson

The regulator has requested bank statements, receivables balances, invoices, and remittance advices related to the six-month period ending June 30…

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Share Market News

3 white hot small-cap shares to watch

| Tom Richardson

In the share market risk and return are positively correlated as the more risk you take, the higher the potential…

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Share Market News

Dicker Data shares fly on new client win

| Tom Richardson

Dicker Data is also due to announce and pay a quarterly dividend over the next month, with investors likely to…

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Share Market News

Why Afterpay shares gained 14% this week

| Tom Richardson

At $33 it trades on 46x Goldman's estimates for 71 cents in earnings per share for the year ending June…

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Share Market News

The G8 share price is tumbling again today

| Tom Richardson

As a result of its problems G8 now expects EBIT between $131 million to $134 million over calendar 2019.

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Share Market News

The CSL share price is now up 35,000%

| Tom Richardson

The CSL Limited (ASX: CSL) share price is at a record high of $273 today and is now up around…

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Share Market News

These are the 10 best mid-cap shares of 2019

| Tom Richardson

In the share market past performance is no guide to future returns as the disclaimer goes. However, it can often…

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Share Market News

Bellamy's Chinese takeover approved

| Tom Richardson

Bellamy's Australia Ltd (ASX: BAL) shareholders got an early Christmas present today after the FIRB approved its takeover of the…

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Share Market News

Here's why the G8 Education share price cratered today

| Tom Richardson

The G8 Education Ltd (ASX: GEM) share price got smashed after it downgraded its calendar 2019 EBIT guidance today.

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Share Market News

The Breville share price is now up 50% over the past year

| Tom Richardson

Breville shares are rising as the group continues to develop and sell market-leading kitchen appliances.

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Why the Nanonsonics share price just hit a record high

| Tom Richardson

Nanosoncis Ltd is a market-leading medical device company that is growing sales and profits strongly. It's also forecasting a strong…

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