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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (26881)5/22/2007 1:30:32 AM
From: Spekulatius  Read Replies (1) | Respond to of 78666
 
WPL - i agree with you. The company is loosing assets at an alarming rate. Customer's won't put up with a dinky little asset managers with above average fees underperforming the market. I do not think that WPL has a moat either. I sold my small starter position into a bounce a while ago. i might pick up some for a short term play but i think as a LT investment they are a question mark, valuation wise.



To: Paul Senior who wrote (26881)5/29/2007 9:54:48 AM
From: stockvalinvestor  Respond to of 78666
 
The issue with WP Stewart is that they obviously had all of the press in the WSJ and other sources but they also have had some problems with dispersion among their portfolios. I suspect as this is worked out the asset base will stabilize.