P&D...watch it fall next few dayz when peeps head for the exits...

P&D...watch it fall next few dayz when peeps head for the exits (yet again), surprised any smart $$ is left (or simply stuck)....

of course, BB is the cushion for this already illiquid stock (it can account for a large % of the daily trade, hence artificially propping the SP)....has been since the start, only "smart" thing mngt have done to stem the shorts from having an even larger feast on the carcass every month...

havent seen 1 shred of evidence to suggest the tide is turning. let it sink in, -$2.2bn lost in 1 month via client flow (-0.8bn) + pathetic performance (-1.4bn).

-5% in 1 month.....scary. would you invest with these muppets with those kinda returns? THEY COULD LITERALLY PARK THE MONEY IN GOVT BONDS OR LIQUID CASH AND GET MINIMUM POSITIVE 5%.....WHATS THE RISK FREE RATE NOW??!!! INSTEAD THEY LOSE 5%.... toddlers could perform better!

FX can turn nasty ANYTIME (likely will next month) - theyll be NO hiding fund performance then! Mngt must be fighting hard to stem the nose bleed to >$40bn FUM by year end. Tough fight ahead, esp if May/June experience the usual mkt purge!

mfg has become the dodgy used car dealership of the asset mngt sector...significant mark up on cars when under the hood the engine is blown or non existent