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Australia's Magellan plunges as fund manager sees decline in assets managed for 8th month

(Reuters) - Shares of Australian fund manager Magellan Financial Group fell over 17% on Friday to hit a more than decade low, as its assets under management declined for an eighth consecutive month. The declines in funds managed, mainly in global equities strategy, come …

EODHD | 06 October 2023

Investors in Elders (ASX:ELD) have unfortunately lost 52% over the last year

Even the best stock pickers will make plenty of bad investments. And there's no doubt that Elders Limited (ASX:ELD) stock has had a really bad year. To wit the share price is down 55% in that time. Even if you look out three years, …

EODHD | 06 October 2023

The past five years for Growthpoint Properties Australia (ASX:GOZ) investors has not been profitable

Ideally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results between individual stocks. So we wouldn't blame long term Growthpoint Properties Australia (ASX:GOZ) shareholders for doubting their decision to hold, with the stock down 41% over …

EODHD | 06 October 2023

City Chic Collective (ASX:CCX) investors are sitting on a loss of 89% if they invested three years ago

As an investor, mistakes are inevitable. But really bad investments should be rare. So spare a thought for the long term shareholders of City Chic Collective Limited (ASX:CCX); the share price is down a whopping 89% in the last three years. That'd be enough …

EODHD | 06 October 2023

Investing in Megaport (ASX:MP1) five years ago would have delivered you a 235% gain

When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. One great example is Megaport …

EODHD | 06 October 2023

Clinuvel Pharmaceuticals (ASX:CUV) shareholders have endured a 38% loss from investing in the stock three years ago

As an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock picking is that you will likely buy under-performing companies. We regret to report that long term Clinuvel Pharmaceuticals Limited (ASX:CUV) shareholders have had that …

EODHD | 06 October 2023

Charter Hall Group (ASX:CHC) shareholders have earned a 9.7% CAGR over the last five years

Charter Hall Group (ASX:CHC) shareholders might be concerned after seeing the share price drop 14% in the last quarter. But at least the stock is up over the last five years. Unfortunately its return of 35% is below the market return of 39%. Unfortunately …

EODHD | 06 October 2023

Investing in Orora (ASX:ORA) five years ago would have delivered you a 11% gain

The main aim of stock picking is to find the market-beating stocks. But even the best stock picker will only win with some selections. So we wouldn't blame long term Orora Limited (ASX:ORA) shareholders for doubting their decision to hold, with the stock down …

EODHD | 06 October 2023

Velan Inc. Reports Its Second Quarter 2023/24 Financial Results

MONTREAL, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2023. Highlights: Order backlog2 remains strong at $485.7 million, an increase of $21.3 …

EODHD | 06 October 2023

Investors in Vulcan Energy Resources (ASX:VUL) have seen incredible returns of 942% over the past five years

Vulcan Energy Resources Limited (ASX:VUL) shareholders might understandably be very concerned that the share price has dropped 36% in the last quarter. But that doesn't change the fact that the returns over the last half decade have been spectacular. In that time, the share …

EODHD | 06 October 2023

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