Coffee Microcaps September 2023 Newsletter

Live Events Happening Soon

Hi Everyone

Welcome to this month’s edition of the newsletter. Well, even though I said things felt reasonably better after the August reporting season compared to the February half-year session, it wasn’t enough to jolt the microcap market out of its current malaise, as evidenced by the S&P/ASX Emerging Companies Total Return Index results below. If it’s any consolation, the small-cap index is doing worse. The bear market rolls on.

Coffee Microcaps Live Conferences

After our two conferences earlier in the year, it is hard to believe 6 months have passed, and it is time for another set of live events. It was great to meet many new microcap investors at the last set of events and reconnect with many microcap investors I hadn’t seen since our previous live events before COVID-19 stopped all things live and in person. Our next set of conferences is detailed below, and tickets as are always available via Humanitix by clicking the respective links.

Coffee Microcaps Sydney October 31st 2023

This is a full-day event with 12 ASX Microcap Companies presenting. Followed by networking drinks afterwards. Keep an eye on the Coffee Microcaps social pages for the presenting companies, as we are still locking in the last few presenters.

Coffee Microcaps Melbourne November 2nd 2023

This is a half-day event with 8 ASX microcap companies presenting. Keep an eye on the Coffee Microcaps social pages for the presenting companies, as we are still locking in the last few presenters.

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 a.m. - 10 a.m. 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” Includes 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 in September. 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.

Microcap Fund Manager Interview, September 19th 2023

With reporting season out of the way, I thought getting the views and picks of a few microcap fund managers would be a good idea. So watch out for a few more videos coming through next month.

The first PM up is Luke Winchester for Merewether Capital. Luke should be no stranger to ASX microcap investors, and it was great to have some deeper insights into two of his current portfolio holdings.

Luke picked out Vysarn Ltd (ASX: VYS) and Prophecy International Holdings Ltd (ASX: PRO)

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.

As anyone following this newsletter for a while will know, I have previously shared content from Connor Haley at Alta Fox Capital and Brian Bares at Bares Capital Management. They are both smart operators in the microcap space and investing in general. Connor and Brian recently sat down at the MicroCap Leadership Summit with Ian Cassel from Microcap Club, and I really enjoyed this interview. Some topics covered in the interview included scaling a research process, stock selection process, stock turnover, being a value added to the company, activism and much more.

You can watch the interview with Ian on the Microcap YouTube Channel below.

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