A bargain?? based upon what pray? This company has staggered on for years now achieving nowt. The SP has slumped 7% in one week and a big chunk FUM are under water. "Management" seems incapable of anything apart from issuing warnings about "difficult trading conditions" ( a euphenism for not achieving any progress year on year) and all in all the company is going nowhere fast but, no doubt, salaries and bonuses are galloping along nicely. A pathetic company.
...and down another 4% today (as against the 250's 1.9 %). No doubt we will hear the usual "Mannytra" about "difficult trading conditions" again next month in a feeble attempt to justify the continuing pathetic performance of this company. Whatever they're paying Him and His Merry Men it's far too much.
Strange animal is AHL. It had a fiendishly good year in the bull market of 2014 but then tailed off rapidly by April of 2015 along with the rest of the market and culminated in a dismal year end. Now, with a horrendous bear market start to 2016 it is shining again-a most unpredictable frustrating share!!
AHL with strong showing in weaker markets. That's what customers pay for - performance without depending on market too much. Hope the gains are kept and it'll be reflected in the FUM. Long only funds down significantly as expected. Stock price disappoints at 150, possibly dragged down with overall market, but we've seen good rebounds from this level before. I see this as a good buying opportunity.
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