PM Capital Asian Opportunities downgraded

Now selling at around its post-tax net tangible assets per share after a strong share price rise over the past seven months, we're again downgrading PAF.

Recommendation
PM Capital Asian Opportunities downgraded
View company profile for PAF

Date 8 Nov 2017
Current Price $0.78

Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Max Portfolio Weighting
Business Risk
Medium-High
Share Price Risk
Medium-High

Shares in listed investment company (LIC) PM Capital Asian Opportunities have risen 21% in the seven months since we downgraded it to Hold. Although its post-tax net tangible assets (NTA) per share has also increased, from $1.08 to around $1.21, its rising share price means the LIC is now selling at around its post-tax NTA per share. 

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