Coffee Microcaps July 2023 Newsletter

Microcap Fund Manager Performance

Hi Everyone

Welcome to this month’s edition of the Coffee Microcaps newsletter. With all June 30 factsheets released over July, I could collate the numbers into the quarterly Microcap Manager Performance Review. As noted in last month’s newsletter, is was tough going in FY23 for investors in the ASX microcap space, whether you were a professional, institutional investor or a retail investor. Once again, there is a wide dispersion of results across the managers, with some really standout performers and others hoping FY24 will bring a turn in fortunes. Thankfully, it looks like some green shoots are starting to appear in microcap land in the first month of the new year, and we might be in for a period of mean version versus large-cap stocks if nothing else. The full table is below for your perusal.

New Virtual Events Sponsor

I am delighted to announce that Sharesight has been onboarded as the new sponsor for all our virtual events here at Coffee Microcaps. If you are unfamiliar with the Sharesight business, they provide investors with powerful portfolio tracking software that lets you check your investments in one place with award-winning performance, dividend tracking and tax reporting. As a user of the software myself, I am happy to recommend it and have them aligned with the Coffee Microcaps brand.

Upcoming Coffee Microcaps Zoom Webinar Events

For anyone who doesn’t know, I regularly host presentations from ASX Microcap companies via Zoom Webinars. These events usually happen on Thursday mornings from 9 am - 10 am Sydney time, with two companies presenting.

I want to thank Sharesight for sponsoring all the Coffee Microcaps Virtual events.

The ASX Microcap companies that present generally have the following four criteria.

•Under AUD$300m in market capitalisation

•In revenue and approaching cashflow breakeven or already profitable

•Outside the resources and biotech sectors

•"Industrial Microcaps” In other words, microcap technology, financial services, consumer goods, industrial products or services business, healthcare stocks etc.

I have created a separate email list for invites to these Zoom events so that I am not spamming all my subscribers. If you want to be added to the events list, please email me at mark@coffeemicrocaps.com, and I will add you. I would love for you to join us for these events. These events are free to attend.

The next events will occur at the end of August and early September once the full-year results are released. Keep an eye on the Coffee Microcaps social media pages for details of the times, dates and presenting companies.

Coffee Microcaps YouTube Channel

All the Zoom events get recorded and uploaded to the Coffee Microcaps YouTube Channel. As well as the ASX microcap company presentations, I do interviews with leading ASX Microcap Fund Managers on some of their top picks. Occasionally, we also have presentations or interviews with some international microcap investors.

So if you can’t join the Zoom webinars due to work, kids, life, or whatever, you can subscribe to the Coffee Microcaps YouTube channel and just hit the bell for notifications when new content gets added.

Also, if you look in the description section of each video on YouTube, it has the relevant video chapters, so you can jump to the start of a specific company presentation if that’s what you are after in a particular video.

Coffee Microcaps Appendix 4c Results Wrap Monday, July 31st

Oleg Vornik, CEO of Droneshield Ltd (ASX: DRO) 9.00-9.30
Teri Thomas, CEO of Volpara Health Technologies Ltd (ASX: VHT) 9.30-10.00

You can watch the recording on the Coffee Microcaps Channel below.

Coffee Microcaps Appendix 4c Results Wrap, Tuesday, August 1st.

Subhash Challa, CEO & Executive Chairman of SenSen Networks Limited (ASX: SNS) Micahel Capocchi, CEO & Dean Sleigh, CFO of Beam Communications Holdings Limited (ASX: BCC) Mark Waller, CEO of One Click Group Limited (ASX: 1CG) Jennifer Warawa, President Quickfee North America & Simon Yeandle, CFO of Quickfee Limited (ASX: QFE)

You can watch the recording on the Coffee Microcaps Channel below.

Content Recommendation

As part of this newsletter, I also want to highlight some good content worth sharing with my subscribers. Hopefully, the content will be something subscribers will also enjoy and get some value from.

I wanted to share my Microcap Fund Manager Review performance table this month. Given the relative underperformance of ASX microcaps versus ASX large caps, this cycle will turn at some stage. Having a portion of capital allocated to this market sector as part of an overall allocation is something to consider discussing with your financial adviser. This list of managers and funds will hopefully prove helpful for you and your financial adviser as part of this discussion.

Thanks for reading. If you haven’t already subscribed, you can do so below.