Menninger Capital in Townsville, Queensland | Consultation agency

Menninger Capital

Locality: Townsville, Queensland

Phone: +61 7 4728 8000

Address: 1/222 Flinders st 4810 Townsville, QLD, Australia

Website: http://www.menningercapital.com

Likes: 72

Add/Update information

Reviews

Tags

• Consultation agency
• Investment management company

25.01.2022 Marathon’s investment return this year is 13.45%, this increase in Marathon’s Net Asset Value (NAV) to $176.07 has been driven by the performance of our Private Equity investments this year. It’s a privilege (and a whole lot of fun) to be a part of these businesses during their ‘growth phase’ in their respective billion dollar industries. To share the journey of your businesses with you, an update will be included with the NAV each month to provide a deeper insight for Inves...tment Partners. A number of highly attractive opportunities remain in our investment funds and the new cash raised will be quickly deployed to capture these opportunities. These opportunities present compelling investment cases that we believe will contribute to the long-term investment performance of Marathon. In order to fully capture these opportunities, we will raise $8.4m. We’d love for Marathon to become a part of your investment portfolio. Please contact us if you’d like to become an Investment Partner. http://ow.ly/p7Pn50yw7O7 #investment #valueinvesting #investing #PrivateEquity #investmentmanagement

24.01.2022 Marathon Consolidated Ltd December 2019 NAV update has been published. Read it and our other news at: http://ow.ly/TvhG50xOKyn #investment #valueinvesting #investing #PrivateEquity #investmentmanagement

24.01.2022 We’ve been asked what do we mean by the term Investment Partner and who are we talking about? It's you, you're our Investment Partner. Although our Investment Funds are public companies, our attitude is partnership. The investment team and I think of our shareholders as owner partners, and of ourselves as managing partners. We do not view our Investment Funds themselves as the ultimate owner of our businesses and investments but instead view the Investment Funds as a conduit ...through which our Investment Partners own these businesses and investments. This is the reason we use and promote the term Investment Partner, if you’d like to be welcomed aboard, please get in touch to find out more about Our Partnership Approach to investing. http://www.menningercapital.com/our-investment-approach We encourage you to think of investing as a long-term pursuit. #valueinvesting #investmentmanagement #privateequity #investing #wealthmanagement

24.01.2022 MBL Food Services had a successful Annual General Meeting, held at Crown Towers in Perth Tuesday. Thank you to all who attended, the product display arranged by the team for shareholders to view was fantastic! It's a pleasure to be a part of the team and we're looking forward to a strong 2020!... #valueinvesting #foodservicedistribution #privateequity #investmentmanagement #foodservices

23.01.2022 "If you must forecast - forecast often!" - Lloyd Hirst CFA MBA

22.01.2022 Foundation delivers a 5.7% p.a. fully franked dividend yield with a stable share price in February during Bear Market Foundation Income Fund is our Global Income Fund, which has paid quarterly dividends to Investment Partners since 2018. Foundation’s NAV is stable at $100.03 and declared to pay a $1.00 p/s dividend. All Investment Partners on record as at 1 April 2020 (Ex-Dividend Date) will be entitled to receive this current dividend payable on 30 April 2020.... You have until 1 April to become a Foundation Investment Partner and receive the March 2020 Quarterly Dividend. 5.7% p.a. fully franked dividend yield Quarterly dividends Stable share price of $100 aligns with the NAV Diversified portfolio of income producing investments Stable income producing investment for Individuals, Family Trusts, Self-Managed Super Funds, For Purpose Organisations and Income-Tax Exempt Investors Menninger Capital’s internal systems are fully operational to ensure that we’re able to conduct business remotely without disruption, with some team members are already working remotely. http://ow.ly/mpke50yPzTd

20.01.2022 Thanks to Simply Italian for hosting the Menninger Capital Xmas party. Great way to celebrate a successful 2019, something a little different. Great food and wine, great hosts and great company. Even though it did mean cooking our own dinner

19.01.2022 Our Investment Team eats their own cooking - literally. As Investment Managers, we #invest into our own funds (who wouldn't) alongside our #Investment Partners. This sets us apart from a lot of other Managers. As fans of our great #Investee Companies, we love using the products they produce. Look at this #Lamb Roast, perfect in this chilly weather, made extra special with some 'Lamb Mint Sprinkle' which MBL Food Services produces in-house.... If you'd like to invest into the great businesses that we choose to invest in please contact us. #valueinvesting #investmentmanagement #privateequity #investing #wealthmanagement

18.01.2022 Marathon delivers a positive return in February during Bear Market We appreciate those Investment Partners that were in a position to be able to top up their investment in Marathon at $160 per share, thank you. Marathon’s Net Asset Value (NAV) is $178.58 and lifted due to the portfolio hedging that Lloyd Hirst, Chief Investment Officer, put into place in February ahead of the market decline.... We have had Business Continuity meetings with all of our private investments and are prepared for varying scenarios of how the COVID-19 (Coronavirus) may play out Our listed portfolio remains fully hedged with those hedges performing to our expectations MBL Food Services made its maiden acquisition in late 2019 of Vital Packaging, an industrial packaging supplier, this acquisition is in line with Our Acquisition Strategy and will add over 10% profitable revenue growth to MBL Food Services Property Vine paid its maiden dividend to Marathon in January 2020, which equates to a 8.5% p.a. fully franked yield I have been told that Marathon’s investment returns during this Bear Market reminds them of how Bankers Trust performed during Black Monday and 1987 Stock Market Crash we’re working diligently to ensure our investment performance remains positive whilst the stock markets are negative. I’d like to extend a thank you to the entire team at Menninger Capital for their efforts during this trying time, calmness & leadership sum up the mood amongst the team. Please note that Menninger Capital’s internal systems are fully operational and have been tested to ensure that we’re able to conduct business remotely without disruption, with some team members already working remotely. Please contact us if you have any queries or you’d like to discuss becoming an Investment Partner. http://ow.ly/9pkR50yOEAC

18.01.2022 Menninger Capital is excited about our partnership with Property Vine to add Management and Letting Rights of iconic #Townsville complexes Direct Hotels - Kensington at Central Direct Hotels - Holborn at Central Direct Hotels - Islington at Central Direct Hotels - Dalgety Apartments and Direct Hotels Riverway Point to the portfolio of over 900 properties across #Queensland. Did you see the article in Saturday's Townsville Bulletin?

17.01.2022 Marathon Consolidated Ltd November 2019 NAV update has been published. Read it and our other news at: http://ow.ly/c19550xra0w #investment #valueinvesting#investing #PrivateEquity #investmentmanagement

16.01.2022 Marathon investment return lifts to 16.8% year-to-date. Marathon’s Net Asset Value (NAV) is $181.40 with a current share price of $190 per share. Net Asset Value (NAV) continues edging towards $190 share price as investment performance continues... Progressing negotiations to acquire well-run private businesses Share registry services have moved to Computershare With travel restrictions easing, please ensure that when you book your next holiday or business trip that you consider booking with Direct Hotels to get the best rates and save some of your hard earned money. To book direct and save visit http://directhotels.com.au/ or contact our Reservations Team on 1800 258 388 or [email protected]. Direct Hotels is managed by Property Vine, one of Marathon’s Private Equity Investments. I couldn’t be more pleased to report what a tremendous effort Adam Thomas (CEO & Founder of Property Vine) and his team have put in and how they have carried themselves through the uncertainty of the last few months. Adam has proven to be a true leader and the Property Vine results haven’t skipped a beat and are a testament to Adam and his team. Please pass this along to anyone that may like to discuss becoming a Marathon Investment Partner.

14.01.2022 #Investment Partners, and a limited number new Investment Partners are invited to apply for #shares in Marathon at $160 per share before the share price rises to over $180. Application forms and funds must be received by the closing time. The increased price reflects the continuing strong performance of the investment portfolio. As at 31 January 2020, the Net Asset Value (NAV) of Marathon was $176.07 per share (unaudited). Marathon’s progressively rising share price, based o...n our investment performance, is consistent with our objective of aligning the share price with the NAV. This rewards Investment Partners with capital growth from their investment in Marathon. Investment Partners who are considering further investing in Marathon may wish to complete their subscriptions at $160 per share, while the current Information Memorandum remains open. Preference will be given to existing Investment Partners. New investment partners should make application immediately, as allocations may be limited. Applications close at 1:00pm on Friday 13 March 2020. http://ow.ly/8ZME50yB9uj #investment #valueinvesting #investing #PrivateEquity #investmentmanagement

14.01.2022 We’d love to help you build your passive income. If you would like to become an Foundation Investment Partner and receive the current 5.71% p.a. fully franked dividend, please let us know prior to 30 June 2020. Foundation Income Fund is our Global Income Fund, which has paid quarterly dividends to Investment Partners since 2018 and has a stable Net Asset Value (NAV) of $100.74 per share.... You have until 30 June to become a Foundation Investment Partner to receive the June 2020 Quarterly Dividend. 5.71% p.a. fully franked dividend yield Quarterly dividends Diversified portfolio of income producing investments Stable share price of $100 aligns with the NAV Stable income producing investment for Individuals, Family Trusts, Self-Managed Super Funds, Charitable Organisations and Income-Tax Exempt Investors #valueinvesting #investmentmanagement #privateequity #investing #wealthmanagement

06.01.2022 Marathon maintains a positive returns during Coronavirus Pandemic Marathon’s NAV is $179.79, steadily growing despite the volatility of the markets. Listed portfolio remains fully hedged with hedges performing to expectations... MBL Food Services has experienced steady growth given its diversified strategy across several food service sectors Property Vine’s growth from its central Queensland assets have assisted the broader portfolio of assets to remain positive Marathon is pursuing acquisition opportunities and we look forward to discussing them with Investment Partners Lloyd and I worked together during the GFC and I’ve learned through that bear market is that nobody is born knowing how to navigate an economic crisis, it’s a learned skill and unfortunately you learn it on the job. What our Investment Partners receive is the benefit of Lloyd’s experience having been an investor his whole life, and being ‘a little’ older than myself, he has invested through the major market crashes. As Value Investors, we make critical decisions with a level of uncertainty. We seek to understand how investments will perform from many points of view. http://ow.ly/hZHS50zfDzP

04.01.2022 Menninger Capital Inoculates Investment Portfolio Against #Coronavirus #COVID-19 Menninger Capital’s #Investment Team moved ahead of the financial market panic to protect our Investment Partners. Market losses have been avoided through the use of financial derivatives. Matthew Smith, CEO of Menninger Capital observed, Acting decisively to reduce risk and maximise opportunities for our Investment Partners is critical. Our unique investment strategy makes this possible. The ...strategy is working, our listed market portfolio is up in a falling market. #investment #valueinvesting #investing #PrivateEquity #investmentmanagement

04.01.2022 Marathon delivers a positive 16.9% return for 2020 Marathon’s Net Asset Value (NAV) is $181.42 with a current share price of $190 per share. Listed investments (incl. hedging) has generated over 113% return year-on-year... Private Equity investments have produced outstanding consolidated headline numbers as at 30 June 2020: o Total Revenues of over $39.5m (up 53%) o Total Operating Profit of over $2.8m (up 540%) o Total Assets of over $42.4m (up 79%) o Total Equity of over $25.5m (up 56%) o Total Team Members of over 150 (down 2%) I would like to welcome the new Investment Partners who have joined Marathon recently and I look forward to meeting you (some for the very first time) in person at our Annual Investment Partners Meeting in November. I am very proud of the team’s achievements in 2020 and am excited to share our plans for the future. I have expanded upon these points and others in my Annual Letter to Investment Partners which will accompany Marathon’s 2020 Annual Report in the coming months. Thank you again for spending the time to understand Marathon and its prospects.

03.01.2022 Our offices will close from COB Friday 20th December and will reopen Monday 6th January 2020. We may be contactable via email during this time, though please understand our reply may be delayed. We wish you all a safe & happy holiday season and look forward to 2020.

02.01.2022 Let's work on your corp strategy: Qld Gov Adaption Grant to help eligible businesses with professional advice, strategic planning and business coaching aligned to business development. As one of Australia’s leading independent corporate advisors, the team at Menninger Capital are ready to assist. If your business is eligible and needs to adapt through this COVID-19, this is a great opportunity. Let's work together on your Corporate Strategy, but act now, as spaces are limit...ed. Qld Gov Adaption Grant http://ow.ly/Aj1h50zL4I2 We can help: https://www.menningercapital.com/our-corporate-capabilities

02.01.2022 Marathon’s share price increases to $190 Marathon’s NAV is $180.22 and the share price increase reflects the investment performance. -Share price increases to remain above the Net Asset Value -Marathon has made offers to acquire well-run businesses -Share registry services are moving to Computershare... The increased share price of $190 ensures that as new Investment Partners join Marathon the existing Investment Partners are protected from dilution the original share price of $100 feels like a lifetime ago. The Investment Team has presented offers to several well-run privately owned businesses. Taking a positive view of the completion of these acquisitions, all the boxes would be met for Marathon to achieve an ASX listing a shared long-term goal of mine and the Board. Marathon may not be the largest company on the ASX (yet) but it would have the second highest share price of all ASX companies. The objective of a high share price is for traders and punters to remain out of Marathon’s share register and reduce the volatility of the share price similar to being unlisted where the share price steadily increases above the NAV, which is based on investment performance. The decision to move onto the ASX is one that will rest in the hands of Investment Partners at an Annual General Meeting. Benefits would include liquidity for Investment Partners and better access to capital markets for future transactions which would need to be offset by the costs involved in becoming an ASX listed company. During the COVID-19 pandemic we’ve have taken time to reflect on all aspects of our businesses including governance matters. Computershare provide best-in-class share registry services and have been chosen given our increasing share registry requirements. Thanks to Chris Rockemer, our COO, for holding the line, ensuring that our operations were tried & tested and have remained unaffected during the crisis. http://ow.ly/9sJA50zNfke