CER 0.00% 32.0¢ centro retail group

orbis' reputation (from cnp thread), page-3

  1. 3,760 Posts.
    From CNP thread

    Firstly we don't know that Orbis are not still buying. Secondly they are a value manager, so even on the way down, this should not change their behaviour or their opinion on a particular stock i.e. CER.

    They will rationalise to their investors that their holding period has not even been one year and that they are investing long-term for value, and that they are fully conversant with the risks of the investment.

    In other words, nothing has changed for Orbis.

    additional comments:
    From their perspective CER is an undervalued investment.
 
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