PTM 0.49% $1.02 platinum asset management limited

Ann: Funds Under Management - April 2024, page-10

  1. 1,720 Posts.
    lightbulb Created with Sketch. 2043
    The net outflow for the month outside previously announced, was shocking.As @lordolean said, the sheep are frightened.

    Whilst PTM is still deep in the muck, cost out measures are in play for FY 2025 and the significant recovery in seed investments since December that flow through the P & L, should limit the reported earnings decline for H2.

    As is my approach, l will seek to buy today at all time lows and if l am fortunate, offload at a 15% gain somewhere over the next month or 2 or year or 2.

    NTA remains over 55cps in Liquids

    Lights out is just a dumb uninformed comment when discussing a business that generates profit. Declining profits do not mean lights out and never have.

    I guess it is a forum and IQ is not a pre requisite for posting.

    GLTASH the boat is currently unstable and the water is rough.
    Last edited by Jack1960: 08/05/24
 
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