This is the most recent portfolio addition following a near 30% pullback in the share price after the departure of the long standing CEO Darryl Abotomey, sooner and under a larger cloud than what had been originally planned. That presents an opportunity in MM’s view to pick up a quality stock hit by an announcement that may actually prove to be a medium term positive for BAP. We like this aftermarket car parts business below $7.
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Performance update for March, stocks that drove returns & our current positioning
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Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
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Market Matters Research Lead Shawn Hickman with David Koch
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Wednesday 24th April – DOW +263pts, SPI +27pts
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MM is bullish and a happy buyer of BAP <$7.00
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Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
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Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
Daily Podcast Direct from the Desk
Video
WATCH
Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
Podcast
LISTEN
Wednesday 24th April – DOW +263pts, SPI +27pts
Daily Podcast Direct from the Desk
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