I am bullish on this stock and outline in brief why,

Todays results have shown resilience and despite difficulties they have grown FUM and normalised profit. It is currently trading at below its NTA and most of the issues it has had in various funds are overblown or resolving. HCW seems to have another offer comming and DGT issues are way overblown and just out of flavour, different then Platinum or Magellan whose funds are liquid and can be withdrawn and therefore lose FUM these are not.

A Bet on HMC is a bet on a David Di Pillas ability to execute further strategies and you get all of that for free when buying at todays prices