Cannon Flexible Fund - Cannon Asset Managers
Cannon Flexible Fund - Cannon Asset Managers
Cannon Flexible Fund - Cannon Asset Managers
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Metair: Sum Of The PartsInvestment case• OE recovery (530k); 2007/08 car park and APDP• increasing balance in portfolio• ROE recovery (~25%)• R50m debt, strong cash flow & cash R320m• industrial property portfolio ~227k m 2• <strong>Fund</strong>amental Score = 9 and H Score = 92• directors’ dealings• earnings yield 11.2% and dividend yield 3.2%Profile Media; Bloomberg, <strong>Cannon</strong> <strong>Asset</strong> <strong>Managers</strong>