Nobody refutes their excellent past record but we shouldn't invest or drive a car using the rear view mirror. TPG and NHC are 2 of their largest assets. TPG / Vodafone does not appeal as an investment in the way TPG did 10 years ago as a rapidly growing company up until 2017. NHC....coal companies have a bright future do they ? All I keep hearing is about slashing emissions and closing down coal powered power plants. Sure there may always be some need somewhere in the world for some coal but I seriously doubt that a coal company is a worthy sound equity growth asset in this day and age, and plenty of Sovereign funds and Super funds now exclude all equities in coal companies for ethical reasons as well. SOL should utilise its skills and investment expertise to divest out of at least some of their shares in these and pursue better growth ( and growing income ) assets. To me, holding onto TPG and NHC is like burying the head in the sand, like people who bought Telstra or AMP many years ago. Capital gains tax ? So what. Better than losses...
SOL Price at posting:
$31.89 Sentiment: None Disclosure: Not Held
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