Paul Johnston28 Nov 2017 15:09
I see he KEEPS adding more. What does he know the rest of the market doesnt? Either way, you don't buy almost 10% of a company on a whim.
zumore, your not all wrong about bell, but RGM has plenty of ripening assets now, and a major invester who knows how to do PROPER deals. PJ and Bell go back a long way. I'd start liquidating some of the assets at the right phase in the cycle. I think this is what PJ can see happening, as with HH.
So, could be cheap at �4mill in an improved market for its core business.
The charts starting to say buy too, and should move multiples with the right news, media coverage and further cash rotation in to RGM imo.
One things for sure, thers 10% fewer shares out there now (and few more undeclosed)