Economic Solutions

 

Peter Cobiac is the Managing Director

Qualifications:

Bachelor of Economics Degree - Adelaide University

Fellow of the Institute of Chartered Accountants in Australia

Associations

Fellow Member of the Australian Institute of Chartered Accountants

Biography

Peter commenced his career in 1981 with Deloitte Touche Tohmatsu for 4 years of which 3 were in the position of audit senior. He then spent 13 years as a principle in a smaller chartered accounting firm specialising in management consulting including a number of public companies.

He then commenced his own management consulting company, specialising in Share Valuations; Value Based Management Consulting (including turn-arounds), assessments and valuations; Value Based Training and Education; Conversion of Statutory Accounts to Value Based Accounts; Strategic, Financial Planning and Implementation; Shareholder Wealth Creation /Economic Value Adding; Cash Flow Budgeting and Analysis; Business Review and Analysis; Strategic assessments including sensitivity analysis; Funding applications .

During the last 15 years (2001-2008) Peter has concentrated his time in Value Based Management Consulting and in the development of “LinkVBM” a software program that converts Australian and USA (GAAP) Statutory Accounts to Value Based Management Accounts. It calculates Share Value and Capital Growth Premiums that exist in Share prices and enables targeting of share price (value), project data forward and also includes sensitivity and comparison modules. This development led to the development of an Equities selection model that has been used exclusively by an Equities Quant Fund in Sydney, investing into the best value companies in the Top 200 publicly listed companies. For this Retail Wholesale Australian Share Fund licensed under ASIC I have selected the shares to invest in. This selection is based on our valuation and analysis of the Top 200 S&P ASX listed companies. This Fund operated for the 2005 to 2007 financial years and with foresight was closed at the end of September 2007 (as the Responsible Entity retired) prior to the commencement of the market crash. It was a top performer in the Australian market with returns in the high 20’s.

Peter is also a senior analysts and project manager for a credit rating specialist firm in Sydney with which he has been associated with for a number of years in the area of valuations. He also undertakes valuation work for this firm that normally entails larger private and/or Public Companies.

 

As work flow fluctuates, the company has access to specialists that it employs as work flow requires.

44 Phillipps Street Somerton Park. S.A. 5044 T:+618 8295 1546 and 0438 826 685
Email:
es@ecosol.com © 2009 Economic Solutions (SA) Pty Ltd