We are noticing a little more tax loss selling this year, particularly in Mining Services
Pie Funds
Pie Funds
We are noticing a little more tax loss selling this year, particularly in Mining Services. However, one to look at is recent IPO (ASX:PSZ). Listed at $1.00 now trades 71c. IT business, but its now on 8x FY14 and under 7x FY15. Too cheap and we expect a re-rate back to 10x, potentially higher if they can make good acquisitions.
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Pie Funds
Pie Funds
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...
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