What are we
paying for?
A price needs to be considered against the underlying economics. Understanding the drivers of value helps distinguish an investment case from expectations alone.
Value and assumptions
PRIVATE INVESTMENT · AUSTRALIA
Starring Capital is an Australian private investment company. We invest on our own account, with a considered approach to value, risk and ownership.
Discover Starring CapitalOUR COMPANY
Capital carries a responsibility. For Starring Capital, that begins with understanding what we own, why we own it and the risks that come with it.
Based in Southport, Queensland, Starring Capital Pty Ltd operates as a principal investment company. Our business is the investment of the company’s own capital.
We approach an investment as an ownership decision. Its commercial rationale, the capital it requires and the conditions that could change its value all deserve attention. The initial decision is only one part of that responsibility.
More about our company
Principal
investment
INVESTING ON OUR OWN ACCOUNT
Investing our own capital gives every commitment a direct connection to the company’s resources and priorities.
An investment should have a reason for being in the company’s portfolio. The opportunity needs to be understood in the context of the capital already committed and the flexibility that remains.
The starting point is the underlying investment: what supports its value, what the terms of ownership are, and what assumptions the decision depends on.
Ownership continues as circumstances change. The reasons to retain an investment need consideration alongside the original reasons to acquire it.
INVESTMENT CONSIDERATIONS
Potential return is one part of an investment. The resources it ties up, the uncertainty involved and its place within the company’s capital are part of the same decision.
A price needs to be considered against the underlying economics. Understanding the drivers of value helps distinguish an investment case from expectations alone.
Value and assumptionsA useful assessment looks beyond the expected outcome. It considers where loss could arise and how an unfavourable change might affect the capital committed.
Risk and uncertaintyThe timing of cash flows, access to capital and the likely period of ownership influence whether an opportunity fits the company’s circumstances.
Time and liquidityFROM CONSIDERATION TO OWNERSHIP
An investment case needs to stay connected to the facts. The questions below provide a useful frame before capital is committed and while an investment is held.
Identify what creates value, how ownership works and the information needed to form a considered view.
Consider what could go differently, where the uncertainties sit and which assumptions matter most.
Weigh the size, duration and liquidity of the investment against the company’s wider capital needs.
Assess whether the reasons for ownership still hold as new information and changing conditions emerge.
INVESTMENT PERSPECTIVES
Some of the ideas behind a considered investment decision, explained in plain terms.
Southport, Gold Coast.
Queensland, AustraliaCONTACT
Please contact us directly by email or telephone.