@Tinwins. I too had CAM some years ago and sold at .96. I dont think they have ever been as high again. I sold because at that time, they just seemed to be an index hugger and none of their stock picks seemed to be “adventurous” or contrary. On that basis, I couldnt see them outperforming the pack. Since that time, I think they have followed the example of Cadence, where they have diversified into international stocks as well. I know that John Abernathy is fairly conservative and not a risk taker, so perhaps CAMs returns were somewhat restricted because of that. We are talking about perhaps 3 years ago. I just looked up their latest returns and they did almost 16% last year and have just announced a 1 for 40 bonus issue, so it might be a case of just being misunderstood ! Personally, am happy not to be with CAM, but thats only because I like the managers to have a bit of “zing” in their approach and not be afraid to take a contrary approach. Eg. CVF, GC1, LSF and to a lesser and more conservative degree, the Cadence pick with Macquarie Bank at something like $17 ?
- Forums
- ASX - By Stock
- WAM
- Investment help
Investment help, page-62
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WAM (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.61 |
Change
0.010(0.63%) |
Mkt cap ! $1.792B |
Open | High | Low | Value | Volume |
$1.61 | $1.62 | $1.61 | $947.4K | 587.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16213 | $1.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.62 | 34412 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 16213 | 1.610 |
8 | 158082 | 1.605 |
18 | 300042 | 1.600 |
10 | 91759 | 1.595 |
16 | 153658 | 1.590 |
Price($) | Vol. | No. |
---|---|---|
1.615 | 34412 | 5 |
1.620 | 539158 | 24 |
1.625 | 1044 | 2 |
1.630 | 54847 | 8 |
1.635 | 36902 | 3 |
Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
Featured News
WAM (ASX) Chart |