The next installment of the AIM IT Project. In this article I go through Cambria Africa (CMB), Mineral & Financial (MAFL) and China Growth Opportunities (CGOP) which all have very disappointing histories in terms of shareholder value creation, but is there a diamond in the rough?
This is the first post of the AIM IT Project I announced last time. I’m starting off by reviewing Clear Leisure (AIM:CLP), I don’t intend to do an entire post for every Investment Trust in the list, but when one tops the list trading at apparently only 10% of Net Asset Value I can’t help but kick off the series with it.
This isn’t your typical Investment Trust which holds a portfolio of equities, it has a few concentrated majority stakes in a number of leisure businesses, which is why I feel it needs a whole post to explain it.