Wry & Dry #7-25 Indoor Nuremberg rally. Dutton’s one-trick. A worse state?

Sleepy Joe did his best to stupefy an unstupefiable crowd. It was as though he was giving the eulogy at his own funeral. All the achievements, success and stories. After three hours, people looked at their watches and only 30 minutes had passed. It was another 20 minutes before a relieved crowd were able to wave him into retirement. Rather like a family watching the hearse driving off from the funeral service.

Reporting season continues – BlueScope, Judo Bank, Reliance Worldwide, Cleanaway

Image from khunkorn Via Canva

The BlueScope results clearly distinguished between short-term operating conditions and medium-term value creation. Like the Seek result discussed last week, we have been pleased to build a position in this company at a reasonable price when short-term conditions are challenging while the company invests in long-term improvements. 

Read this week’s Investment Matters as Craig explains reporting season results from Bluescope, Judo Bank, Reliance Worldwide and Cleanaway.