In this Commsec Executive Series interview, Karl Siegling discusses recent fund performance and outlines the Company’s Share Purchase Plan (SPP).
Karl Siegling, provides his views on Harvey Norman as part of an interview series with fund managers on a selection of retail stocks. Siegling, a noted contrarian, has an unusual thesis on Harvey Norman: it would be an attractive acquisition for Alibaba Group Holding (the Chinese e-commerce giant) or even Amazon.
Cadence Capital managing director Karl Siegling said he was optimistic on Macquarie’s growth prospects especially in light of the interim result. “It is going to $100 in the next couple of months and over the next year between $105 and $110.”
Karl Siegling discusses the market pushing the 6,000 point barrier.
In this Webcast, Karl Siegling firstly provides a brief update on the Fund. He then discusses in detail the Company’s recently announced Share Purchase Plan (SPP).