I would have to say your "LIC friends" are a long way from even the most bearish brokers out there. not sure why a fund would be disclosing such information? (i would love to see their numbers / assumptions behind that).
As I'm sure they will not be disclosing that and you have no way of backing up such claims it becomes a case of "who can pull out random numbers without ever disclosing the logic behind them" :-)
I'm not really interested in such talk - rather looking for insight into assumptions - views on market growth, competition, etc etc. Anyone else running a DCF model on ACR - happy to exchange views on this.
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