Preview: Company 7 is a micro-cap community bank that has been earning a 1.0%+ return on assets in the last few years. The company is trading over the counter and is currently selling very close to its book value and at a reasonable earnings multiple. I think it is probably cheap at the current price, […]
Sold two Japanese positions, bought two
Just a quick update on my Japanese holdings. I’ve sold Kikusui Electronics (TYO:6912). The share price has jumped higher over the last couple of weeks. I’ve not been able to find a reason for this rise. Perhaps some traders have become interested in the stock, given its “strong momentum” or something, I don’t know.
Update on CMI Limited (ASX:CMI)
I’m going to write two updates on a couple of Australian holdings that were the subject of earlier posts on the blog. Today’s post is about CMI (ASX:CMI)
Cimetrix cheap? Looking for shareholders
Cimetrix could be a cheap stock. The company is dark and there’s very limited public financial information. I’m looking for fellow Cimetrix shareholders.
VIB Premium: Company 6
Preview: Company 6 is an Australian company with some potentially valuable assets that are in the process of being monetized by the company. There is considerable uncertainty about the ultimate value of these assets, but there are some indications that this value could be well above the implied value currently being given to the assets […]