Q: TOI has outpaced the market by a wide margin this year.
I currently have less than a 2% holding accross all of my ports.
1) Why is performing so well, just so i fully understand.
2) Given its rise would you buy more at this point or, given the market, would you put a 'stink' bid in for it and let it sit?
Thanks
Sheldon
I currently have less than a 2% holding accross all of my ports.
1) Why is performing so well, just so i fully understand.
2) Given its rise would you buy more at this point or, given the market, would you put a 'stink' bid in for it and let it sit?
Thanks
Sheldon
5i Research Answer:
TOI is seen as a 'mini CSU' and is largely following the same plan for growth. It is also benefiting from renewed interest in companies with European exposure. Shareholders are long-term committed shareholders and not likely to sell just because the market is bouncing around with tariff news. It has shown good growth and more is expected. We would be comfortable buying some today for a long term investor.