Frazis Capital Podcast

Episode 23: Time to sell? Mike and Claude go through EML, Shopify, Wisetech and other cult stocks in the market right now. If you'd like to know more about us see: www.fraziscapitalpartners.com 1:08 - Michael and Claude discuss EML Payments (ASX:EML) 1:44 - The ethical dilemma of EML’s gambling exposure 2:40 - Problems relating to the sale high growth stocks 3:16 - EML’s acquisition of Prepaid Financial Services 3:44 - Accusations from Ownership Matters concerning EML 6:50 - The issue with ‘EBITDA’ as a financial metric 9:05 - Michael and Peter Stevens’ thoughts on EML 10:03 - The long-term threat for EML 10:50 - The macroeconomic impact of the coronavirus  12:10 - Does coronavirus’ growing risk as a pandemic change Frazis Capital’s view of market conditions? 13:45 - Chinese stimulus countering the impacts of the coronavirus 15:35 - Luxury brands negatively impacted by the coronavirus as shopping numbers fall  16:58 - Many Australian technology businesses are still trading at high multiples of sales