In this section we provide readers with three stocks that have attracted the interest of the broking community or the ‘herd’. Broker recommendations tend to be biased and highly optimistic. We try and breakdown these barriers and give our own honest opinion. It is important to keep in mind that technical analysis is only one part of the investment process and any recommendations do not give consideration to the underlying fundamentals of each business. Platinum Asset Management (PTM) – $6.02 – Was dealt a bit of a blow last week after CEO Kerr Neilson, the legendary investor and founder of PTM decided to step back from the top job and to become an executive director. Shares fell 12% on the day of the announcement. Andrew Clifford, Platinum’s chief investment officer, will succeed Mr Neilson from July 1, 2018. Mr Neilson long-term record was outstanding and he has no reason to sell his equity stake in the company. His personal wealth was valued at $1.44bn by Financial Review Rich List 2017. The company improved investment performance and delivered quite a pleasing result which was nonetheless shrouded by the departure of Neilson. FuM came in at 27.1bn up 19% on Jun-17. Shares are down around 25-30%. Broker View:  Macquarie (UNDERPERFORM $6.00) – The broker has a bearish view of the stock following the stepping down of Nielson. Sure 1H results were in line but that has overshadowed the share price and it will effect on flows. Unconventional View: We disagree with Macquarie. In-fact just about every broker is bearish except us. PTM looks to be stuck in a sentiment hole and this 20-30% fall is all sentiment. The decline in the company’s share price is a perfect buying opportunity. The HY result was a good one. Revenue was up almost 15% to $185m and NPAT was up 7.28% to $104m. The increase in fee revenue was due to effect of strong investment returns, net client inflows and additional performance fees earned during the period. FUM at 31 December 2017 was $27.1 billion and this was up 19.3% from the 30 June 2017 FUM of $22.7 billion. Average FUM for the 6 months to 31 December 2017 increased by 8.9% to $25.4 billion from an average FUM of $23.3 billion for the previous corresponding period. So as you can see robust result. Andrew Clifford, Platinum’s chief investment officer, will succeed Mr Neilson from July 1, 2018. And even though Nielson will be stepping down, he promised to stay highly involved with the business and is still a sizeable investor in the company. For that reason we think investors should be loading up on Platinum at these levels. Ramsay Health Care (RHC) – $66.63 – Posted a set of disappointing HY results. NPAT was up 7.5% to $288m which was a…

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