Platinum lashed by dismal market

Cost control and international exposure aren’t enough to save Platinum from a painful downgrade, explains James Greenhalgh.

The release of Platinum Asset Management’s first-half result, due Thursday afternoon, matters not. Net profit will be around $65m; the company announced as much a month ago (see 10 Jan 12 (Long Term Buy – $3.57)).

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles