PTB 0.00% $1.60 ptb group limited

rarely posted on, page-52

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    The morningstar value for small caps appear to be computer-generated via algorithms. Their human research analysts generally only cover mid to large stocks. So I wouldn't place any value on what the morningstar value is for this. It is misleading to call it a value.

    PS their human research analysts often get it wrong too - their competitive advantage and roots really came from evaluation of funds, rather than being stock pickers - but at least they are independent in that they don't get paid a commission for flogging the stock to you.


 
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