RE:Mittlemen 52 Week Portfolio Performance..HorribleBullseye on your assessment.
Really hoping that we see full reflection of the cash holdings in the stock price at close of the transaction, I'm leaning towards a larger allocation on this.
After close, let's hope that Mithaq has a) led them to an investment and b) will take a stong role. These folks don't know how to pick a stock, and they certainly don't know how to manage a material business entity.
nozzpack wrote:
The Holdings of the Mittlemen Investment Fund as of March 31/22 holdings and with 52 week performance gains/losses is shown in the table below.
In short, it is simply unbelievably horrible with only one of their invrestments above water and the rest, especially those in the highest weightings, are all losing money with negative margins and unlikley to see the sun for a while yet.
It is no wonder that AIM has never reached its latent value.
Its little wonder that that Chris Mittleman has been selling some of his AIM.....just to keep afloat.
Mithaq must be aware of the very poor investment skills of the Mittleman Clan.
They may remove Mitleman as the investment advisor.
On the other hand, Mittlemans losses from their own investment portfolio might force them to distribute a large cash dividend from the PLM cash windfall of Aimia.
The next 10 days to PLM final sale should be very interesting
| Top 10 Holdings (excluding cash) |
| Aimia Inc. (AIM CN) | 25.5% -7.5 % |
| AMA Group Ltd. (AMA AU) | 23.1% -65.7 % |
| Greatview Asceptic (468 HK) | 16.6% -51.5 % |
| Revlon Inc. (REV) | 7.6% -65.0 % |
| Cineplex (CGX CN) | 7.5% -30.7 % |
| International Game Technology PLC (IGT) | 7.4% -23.0 % |
| ABS-CBN Corp. (ABSP PM) | 4.3% +49.1 % |
| NFI Group (NFI CN) | 2.5% -54.4 % |
| Bayer AG (BAYRY) | 2.4% -3.2% |
| Viatris Inc (VTRS) | 1.7% -27.7 % |
Portfolio Characteristics
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