"Our portfolio positioning reflects this bias, with our median portfolio long position now trading on only 9.7x FY23 P/E"
There is a good reason why some stocks have a low P/E - the market thinks that they are underperforming. So it isn't really a big surprise that every few days one or other of the stocks in LSF's published portfolio takes a nosedive. Two days ago it was SBM, today it was SFR.
Just have to hope that some of LSF's invisible shorts are doing the same thing.
Meanwhile, the NTA-SP discount is at 10% again.
Ann: 2022 Annual Report, page-5
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Last
$3.19 |
Change
0.050(1.59%) |
Mkt cap ! $1.985B | |||
| Open | High | Low | Value | Volume |
| $3.14 | $3.19 | $3.14 | $1.066M | 336.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24400 | $3.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.19 | 10857 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LSF (ASX) Chart |