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.
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 could be a cheap stock. The company is dark and there’s very limited public financial information. I’m looking for fellow Cimetrix shareholders.
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 […]
An acquisition offer for “Company 5” (published on VIB premium on June, 28) was made yesterday. Company 5 is County First Bank (OTCMKTS:CUMD) and is being acquired by The Community Financial Corporation (NASDAQ:TCFC), which is a larger, Nasdaq-listed bank. The press release can be found here.