Direct Shares

Over the years we have gained considerable expertise in providing advice on listed shares and offer a comprehensive share portfolio management service, focusing on managing investors share portfolios in a timely and cost effective manner.

Our investment philosophy is based on structuring share portfolios that enable clients to receive tax effective dividend income and sound prospects for long term capital growth.

Our recommendations are supported by independent research from Aegis Equities and favour companies which rate highly in the following areas:

1. Favourable industry structure - pricing power, global growth options, barriers to entry, high and/or improving return on equity.

2. Company has strong positioning within its industry (e.g. significant and growing market share).

3. Strong and improving profitability and efficiency measures and credible management strategies for ensuring continued improvement – earnings per share growth substantially above the market; EBIT margin and NPAT margin improvement, inventory management etc.

4. Favourable valuations, in terms of discount to DCF valuations, relative PE's together with identifiable share-price catalysts.

5. Strong balance sheet - capital management; cash flow and interest cover.

6. Quality management - evidence by successful track record of delivering shareholder value through organic growth as well as acquisitions, strong and stable shareholder base.

We also assist investors with the management of their share portfolios by:

· Providing advice on corporate actions.

· Reviewing and reporting on each company on a regular basis.

· Maintaining records to assist with the preparation of annual income tax returns.