Wow when you think about it who would want those fund managers looking after your money, selling out when it was obvious to many the SP was undervalued.
Wow when you think about it who would want those fund managers looking after your money, selling out when it was obvious to many the SP was undervalued.
They are arb funds - their mandate is to play at the margins in takeover situations.
https://www.nzherald.co.nz/business/...ectid=12326010 "Based on recent scenario analysis, Metlifecare's current consolidated underlying profit projection for FY20 is $83m to $90m", the company said. That compares with a $90.5m underlying profit reported in the 2019 financial year. The company has not previously offered guidance for the current financial year.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
https://www.nzherald.co.nz/business/...ectid=12326010 "Based on recent scenario analysis, Metlifecare's current consolidated underlying profit projection for FY20 is $83m to $90m", the company said. That compares with a $90.5m underlying profit reported in the 2019 financial year. The company has not previously offered guidance for the current financial year.
Where’s the growth then
Suppose the past is now history ...and we reset the future
Last edited by winner69; 20-04-2020 at 12:44 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by winner69
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