RE: ASHM - decent Q3, but still in longer run correction15 Oct 2024 10:35
@martmcm What's your point? Of course ashm's performance was driven by em, they specialise in emerging markets. It's widely acknowledged that the last 2 or 3 years have been tough for ashm, due to geo-political events and the macro policies of the world's major economies. Macro policies are starting to turn in favour of emerging markets. It's the outlook for the medium term that most investors are interested in, not the last 3 years. Current sp represents good value, in my opinion, with plenty of upside to the sp, and the decent dividend, which is skewed to the December payout.