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05/04/17
13:49
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Originally posted by marketmaker
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I would agree with your conclusion Phillip. It hasn't looked good ever since Joshi left at the end of last year. I called them the other day to speak with someone about their share price woes and the phone was answered by someone new. I asked for Shannon since she had directed me to the right person in the past but instead I was told that she had left the firm. For those of you who don't remember, Shannon was the lovely lady who used to always greet us with a friendly face at all their presentations and help me if I ever called. I then asked to speak to Joshua Ross who I had gotten to know over the years but was told he was also gone! Not sure what is happening but all the oldest staff which I had seen at their presentations seem to be rushing for the exits. Staff suddenly leaving and performance struggling - doesn't look like a coincidence to me. When does Justin plan to tell us shareholders what has gone wrong???
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Marketmaker a good post. A while ago I got out of ALF and am in WAM & WAX. I believe in buying LIC for the managers and not the company. Joshi went to Regal Funds Management, a good pick up for them... But! (at Regals discretion for less) 100k to get in...