The Most Overlooked Commodity Opportunity? (Vas Piperoglou)

In today's episode, we're joined by value investor Vas Piperoglou.

Vas is the co-founder and chief investment officer of Collins St Asset Management.

He runs one of Australia’s most consistently high-performing value investment firms, with a knack for starting special situations funds in markets near and dear to our hearts.

Collins St has played 3 resource capital cycle thematics. All three worked out to a tee.

We explore with him what's next.

Vas runs us through:

• Why he has returned most the money from the gold fund

• What silver going parabolic told him

• The full backstory behind the Matrix takeover - and if he's buying back into offshore service

• Why Carnarvon remains a deeply frustrating but asymmetric

• How the Humm Group activist campaign is tracking

• A totally hidden monopoly trading at 6x earnings with a 10% dividend yield - Nasdaq listed

• Why the almond supply cycle is tantalising

Follow Vas on LinkedIn: https://www.linkedin.com/in/vasilios-piperoglou-3122a3225

If you found this useful, subscribe to Money of Mine for more conversations with the people who actually allocate capital in the resources sector.

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TIMESTAMPS  

(0:00) Gold Cycle Reality Check
(5:50) Capital Cycles and Fund Structure
(8:40) Matrix Deal and Oil Services M&A
(17:10) Oil Outlook, Carnarvon, and Activism
(28:20) Humm Activism Endgame
(30:50) Convertible Notes Overhang
(35:30) Global Value Picks: Kaspi
(50:10) Almonds Thesis and Wrap

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All information in this podcast is for education and entertainment purposes only and is of general nature only.

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