Q: Everyone, CSU, LMN and TOI have the same company strategy. They exist in technology but different spheres. The management of LMN and TOI came from the CSU training ground with the same skill sets as CSU. Can one assume that LMN and TOI will grow at similar rates as CSU over the long term? Clayton
5i Research Answer:
'Assumptions' are always dangerous. But, we think TOI/LMN will follow the same strategy as CSU and of course as the largest shareholder CSU is likely to give them guidance and advice, and try to prevent them from going off track. Certainly, they have done an excellent job. But keep in mind they have not been public that long, and the market is a long game. But so far, so good, and we do have high confidence in them.