Australia's largest stock trading and investment forum Australia's #1 stock forum

CGA

Click for more information

0.00%

$1.00 contango asset management limited

Mea Culpa To clarify the first para it should NOT have referred...

First 4 Last

Share
Profile

Follow
Dumas

175 Posts.

22/10/17

13:12

Post #: 28095102
Share

Originally posted by Dumas ↑

AFU
And to put further fuel on the fire of idiocy, the MD and CIO of CGA twittered on or since Friday the benefit of his undoubted skills and experience on Funds Management as follows

" Investing is simple but ever easy"

If only investing was "simple". We would all be wealthy and living in paradise! What insights?

Certainly " never easy" the last 15 months for Micros for CGA - but remarkably not so much for the 23 or so other Micro managers inAustralia!

12 months to June 30 ( Livewire )
Top mgr over 25 per cent, top quartile 17, median 12 , bottom quartile zero. CGA unlisted and CTN even lower - both Minus 6 plus. XSO 7 per cent So two thirds beat the index, and almost all saw it a lot "easier" than CGA

What about CGA's other Micro clients? Just been publicly told that CGA ( and presumably Micro Portfolio Manager - Bill Laister ) can't hack it. Will CGA return those funds to investors at NTA - and further worsen CGA negative cash flows? Or are they quietly wrapped up in the NAOS deal?

DYOR

Expand

Mea Culpa To clarify the first para it should NOT have referred to the GB words on Twitter as "a recent tweet". It is actually part of his profile page
DYOR

CGA Price at posting: 85.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

HotCopper Highlights: Your most watched stocks for Week 48, 2024

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

There are more pages in this discussion • 14 more messages in this thread...

First 4 Last

Add CGA (ASX) to my watchlist