TSX:IBG.DB.E - Post by User
Post by
Calgaryrideron May 09, 2018 10:46pm
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Post# 28009099
Nearly 25% Ownership.
Nearly 25% Ownership.Interesting!
I hadn’t noticed, but Two investment firms have taken up early 25% ownership of outstanding shares in IBI Group in the last few months.
Connor Clark & Lunn now owns 11.6% and
Van Berkom and Associates now owns 12.7%
It’s all documented in Sedar Filings if you’re interested.
if you look up the latter fund’s investment philosophy it says:
We are looking for
- Outstanding management team
- Sustainable competitive advantages
- Strong operating cash flows
- High returns on capital
- Stock trading below intrinsic value
Well, that pretty much sums up IBI Group in 5 bullet points. Haha.
Hold long and prosper!
C Rider