Orca what fortunes do you see in your crystal ball for CML this year?
Unfortunately she has run too hard and reached the peak of her mountain. Nowhere to go but down from here. The TOPI is back to the level last seen in the beginning of November. The Indi is trending down. This means that Coronation's profits are following that trend.
The next set of results would not be near the comparative results of last year. I am dreading those results as I have most of my pension money in CML.
On the positive side, Investors understand this and are still buying albeit at a lower pace keeping her flat. Pricing in??
They will still win the most Plexcrowns and be voted the best Investment Co for a long time to come. So long term, she might just plod along up at a slower rate.