NGE Capital

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Comments38

Companies11

Positions opened3

Positions exited3

Last published31 Aug 2026

Companies discussed, last 12 months

9 companies, monthly, latest action on the right

NovJanMarMayJulSepLatest

HUMHummIncreased EGHEureka GroupIncreased AQZAlliance Aviation ServicesIncreased CCVCash Converters InternationalExit MLXMetals XExit

4 more companiesEvery company NGE Capital has discussed in the past year.

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Commentary

DateManagerCompanyActionSummary

31 Aug 2026NGE Capital HUMIncreasedNGE Capital increased its position in Humm Group (ASX: HUM) during August, lifting its holding to approximately 5.50 million shares at month end and continuing to build its exposure to the non-bank lender.

Monthly Report, price recorded $0.43

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31 Aug 2026NGE Capital EGHIncreasedNGE Capital increased its position in Eureka Group Holdings (ASX: EGH) because it took up its rights in the company's $80.2 million rights issue at 61.5 cents, bringing its holding to about 2.61 million shares. The equity, together with $53.6 million of debt, funds the $123.8 million acquisition of six lifestyle and mixed-use communities in New South Wales from Ingenia Communities Group at an in-going yield of 8.1%. NGE notes Managing Director and CEO Simon Owen previously led Ingenia for 14 years, so he is likely very familiar with the assets and how to extract maximum value from them.

Monthly Report, price recorded $0.61

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36 more commentsEvery comment this manager has published, with sources.

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About NGE Capital

Value Focused, All-Cap

NGE Capital is an ASX-listed, internally managed investment company based in Melbourne, offering shareholders exposure to a concentrated, high-conviction portfolio of listed Australian and international securities. Originally established in 2005 as New Guinea Energy (an oil and gas explorer), the company transformed into a diversified investment vehicle, applying fundamental analysis to identify compelling opportunities across sectors while holding cash when few are available. Led by Executive Chairman and CIO David Lamm and portfolio manager Adam Saunders, NGE follows disciplined investment principles including a margin-of-safety requirement and a willingness to run a concentrated book rather than diversify broadly. The company aims to generate strong risk-adjusted returns for shareholders over the medium to long term, with recent portfolio activity including stakes in K92 Mining and Cash Converters International.

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11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.

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