TAMIM Australian Equities – What Went Wrong with Close the Loop Group?

TAMIM Australian Equities – What Went Wrong with Close the Loop Group?

29 Jan, 2025 | Australian Equities, Webinar Snippets

Written by Ron Shamgar

How did a promising investment fall short of expectations? Ron Shamgar reflects on TAMIM’s experience with Close the Loop Group (ASX: CLG), a company that initially met all the right criteria but stumbled due to poor execution, free cash flow challenges, and debt pressures. With private equity conducting due diligence and a potential bid underway, TAMIM chose to exit, citing diminished confidence in the management team. This decision underscores TAMIM’s disciplined investment approach and readiness to pivot when companies fail to meet expectations.

Disclaimer: All investing entails risk – please read disclaimer on our website for more details – www.tamim.com.au.