CML versus PSG by samoa on 30 Jul 09:16 Both on 100.00 and PE similar. Let us see who take gold in this race. 30 Jul 09:16 [Reply] [Zoom Out] Re:CML versus PSG by Vince888 on 30 Jul 13:09 Im predicting CML Re:CML versus PSG by Creature of the NighT on 30 Jul 14:14 Nice comparison...I also have done a few of these at times ... Re:CML versus PSG by samoa on 30 Jul 14:18 Late entry from JSE received. Some You loose,some you win
patience folks. PSG and CML are not the same businesses, you simply can't compare. PSG is a holding company, while CML are asset managers, making money from performance fees and growing their client base. They have reported a drop in EPS, but considering that they are comparing to a set of financials where they previously recorded a 60% increase in EPS, I don't think this is all bad. On the positive note, their assets under management (the real measure, IMO) grew by roughly 20%. So that is good news. Now if you consider that they had to milk performance fees during a massive selloff in 2014, it is not surprising they are under performing. But you should expect something stellar for the next half year, IMO .