Intelligent Investor

Computershare added to Growth and Income portfolios

By · 19 Aug 2015
By ·
19 Aug 2015 · 2 min read
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Recommendation

Computershare Limited - CPU
Buy
below 12.00
Hold
up to 18.00
Sell
above 18.00
Buy Hold Sell Meter
BUY at $10.12
Current price
$27.92 at 16:40 (19 April 2024)

Price at review
$10.12 at (19 August 2015)

Max Portfolio Weighting
7%

Business Risk
Medium

Share Price Risk
Medium
All Prices are in AUD ($)

In line with our Buy recommendation in Computershare launches Buyback (Buy â€“ $10.01), we've added to our holdings of Computershare in the Growth and Income portfolios at $9.95 per share. As at 18 Aug 15, Computershare's weight in the Growth and Income portfolios is 5.0% and 4.9%, respectively. 

Note: in line with making the Growth and Income portfolios available for investment as separately managed accounts (SMAs), their values at 1 Jul 15 ($377,987 and $246,215, respectively) were rebased to $20,000 to reflect the investment of our own company money in them. The weights of the individual stock holdings and cash at that date were kept the same. Historical balances were also adjusted accordingly.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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