PAC 3.35% $10.40 pacific current group limited

fum

  1. 310 Posts.
    Is 2006, TRG's FUM was around $10B and it's share price was around $15.

    Today, TRG's FUM is around $18B and it's share price is around $8.

    Granted, it may have been overvalued in 2006. But not by 3 times (FUM / SP).

    With interest rates much lower and TRG's yield safe to grow, there's still significant room for TRG to rally (notwithstanding the recent rally).
 
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