3. Best performers:
What have been your best performers in 2023 and why?
Do you still own them?
TOBIAS YAO, WILSON ASSET MANAGEMENT: Another strong performer is a company called MMA Offshore (MRM) which provides marine and subsea services to the offshore energy and wider maritime industries. On the back of prudent capital management and a favourable demand backdrop, the share price rose from just under $1 to over $1.60.
While we have reduced our position size, MRM continues to be a core part of our portfolio as we expect vessel demand to stay elevated for the next two years.
DYOR please.
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