December 2020
At Contact Asset Management our investment process is centred around five key elements including Principal Activity, Income, Financial Strength, Management and Valuation. A large part of our research involves meeting management teams and various stakeholders as it allows us to build our investment thesis, observe the current operating environment and assess the long-term growth prospects of the companies we invest in.
During November we visited three ARB Corporation (ARB) stores across Sydney including a private flagship in Brookvale, a corporate flagship in St Peters and a classic corporate in Moorebank. ARB has been an investment held by Contact-managed portfolios since 2010 and has been a key holding in the Contact Australian Ex-50 Fund since inception.