Taking advantage of volatility

Pie Funds

Pie Funds

Recent market volatility has presented some attractive opportunities to top up on some of our higher conviction holdings. One such opportunity has been cloud solutions provider Rhipe (ASX:RHP). Rhipe is on a stellar growth trajectory, driven by the powerful thematic of a shift to cloud computing. The company is rapidly growing recurring revenue and is taking steps to build on its already sizeable addressable market. We believe Rhipe is likely to more than double its earnings in at least each of the next couple of years. Management kicked a big strategic goal earlier this year when Rhipe was appointed to the Microsoft Cloud Solution Provider Program in several countries across Southeast Asia. While the Asian strategy will require some investment, in our view, the long term potential is well worth the money. We were heartened to see the Managing Director, Chairman and another Director all dipping into the market in September to top up their holdings. We would not be surprised to see Rhipe snapped up by an acquirer in the not-too-distant future.


Pie Funds is a boutique Investment Manager. We are committed to our investment style and ignore the crowd. All our clients are treated with respect and we understand that choosing an investment manager is a big decision with important consequences...


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.