UK based JHG has followed a similar sector path over the last few months although it feels like its “looking for a low” around the $40 area. The stocks now trading on a P/E of 9x and estimated yield of 4.7% – the risk reward looks interesting into further weakness after the stocks shown how easily it can rally 15%.
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Monthly Update: Portfolio performance and positioning during October
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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DroneShield (DRO) v Electro Optic Systems (EOS)
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Buy Hold Sell: The best and worst performers of FY25
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM is neutral to slightly bullish JHG
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