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As I am done hyping CML now, I will start with a new one. PGR. The next CML.
CML seems saturated now and PGR is following it's big brother's footsteps but has the advantage of being more diversified in doing hedge funds and can make money in down markets for clients.

As shorting is not as lucrative as as longs, I was a bit hesitant to chuck my money at it due to the current market conditions but on further research, I was pleasantly surprised to find that in her first HY 2014 that she has to beat at end September, she made a great HEPS increase of 44%. During this period the market was negative as shown at "A" on the chart below.
 
This comparative period still has 3 months to go and the market is at 0% gain and not negative as shown at "B".
That is enough to convince me that her HEPS will carry on up in any market.
This is by no means advice but purely for discussion albeit only with myself.

While I'm here, here is a chart for your perusal. Use the slider to scroll to the right to see how SA markets perform compared to Asia, UK and US. Emerging markets are top performers and this is the main reason I will keep my money in SA.

have had PGR for a while - bought a tiny amount at R16 then again later taking my avg cost to just under R20. 3% of my portfolio - so for me  a smallish position. Pity as it's my second best performer, after capitec.

Wow. PGR over did my expectations by surpassing it's pre divi price within 2 days. What a superb stock.

This is my first post on this forum.
Cannot wait any longer as I'm hurting on PGR...

Been stalking local threads, financial news portals etc. for almost four years and mixed with some of my own research and info, made some solid direct share picks which have all (apart from SOL) served me well.
Took what I considered a 'gamble' on CML early 2012 and the results were always rewarding, until of course this year... I eventually bailed at R90 and again at R80, which now seems to have been a good move. My position in CML ended up being one of my larger weightings in my portfolio, which I was comfortable with, until recent times...

Like some others, I've also been eyeing PGR as a replacement for (or supplement to) CML for a long time and read this article the morning it came out:
http://www.moneyweb.co.za/mymoney/moneyweb-financial-planning/coronation-peregrine-or-anchor-where-should-you-invest/

Also this: http://www.cnbcafrica.com/video/?bctid=4306808045001

The fact that it was relatively 'cheap', well managed with resilient growth prospects even in these trying times added to divis looking promising was all I needed to reaffirm my beliefs, so I went in, proper. I took a substantial position and right now, in the past week, there has been some very discouraging beneficiary activity with another one selling off in a serious way yesterday, showing in yet another share price drop today.

I am worried. Should I be? Or should I be running for more? 

There is no reason for her big swings of late. Tomorrow she will go up again or I will sneak back here when no body is looking and delete this post.

I have lost count of the number of times I have been too afraid to look at my portfolio balance only to be smiling again after a few days. I have been avoiding looking at it like the plague this week.

Compare LON and MTA yesterday to today.

Tomorrow she will go up again or I will sneak back here when no body is looking and delete this post.

I'm seeing a buying opportunity here and not the doom and gloom. 

Mmm... another 4% down in less than an hour this morning... Hope to heavens you are all 100% right. We all know (or rather hope... believe...) that this is just temporary, but exactly how temporary is 'temporary'...

http://www.cnbc.com/2015/08/20/markets-ride-wave-of-global-meltdown-fears.html

http://www.theguardian.com/business/live/2015/aug/21/stock-markets-tumble-global-growth-china-ftse100-live

I think assert management companies will always be market multipliers. If the markets do well their finds will increase in value, and beat targets meaning earnings will be high. If the market suffers the opposite will occur, as well as investors leaving funds, so their loss will be greater than the market. I imagine the directors are thinking that the volatility is far from over, so are casing in for that reason. There's no news to indicate that the company is badly run all of a sudden.