Weighing the value in Soul Patts

With a share price 25% below the market value of its underlying assets, there’s a superficial argument for upgrading. Gareth Brown explains why we're forgoing the opportunity.

Share Advisor’s 2011 Performance report shows how, between 1 Jun 01 and 31 Dec 11, 269 Long Term Buy recommendations delivered an average annual return of 13.0%. That sounds impressive but the general consensus among your analysts is that the figure is too high.


{{ twilioFailed ? 'SMS Code Failed to Send…' : '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

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

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 to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles