this is a great contrarian signal when muppets start picking on individual stocks that a guy and a team at IML who has been rated one of the best fund managers in the top 100 in the world picks . IML always state their objective is to buy solid quality industrials for 3 to 5 years that have the ability to grow and that represent value. In a booming resource market they dont expect to outperform or even keep track of the index and in fact the types of companies they hold eg Pact etc get hurt by the boom because their input costs ie energy and resins are higher in a resource boom But their time will come. Anton has a near 100% track record in bear markets and that will occur again. so please keep selling me your holdings cum div i think ? at $1.01 with an nta of 1.13 and 17% of the portfolio in cash so even bigger discount . oh and go buy bhp and resource specs and dont be surprised when the cycle turns.
QVE Price at posting:
$1.02 Sentiment: Buy Disclosure: Held
