Our update on Washington H Soul Pattinson last week contained a couple of mistakes: the first was a simple analytical sin; the second was a deliberate omission that, with the benefit of hindsight, we should not have excluded.
The happy coincidence is that the mistakes largely offset each other. Our valuation doesn’t change; our recommendation guide doesn't change; and the stock remains a Buy.
Two corrections issued
SOL valuation unchanged
Includes copious contrition