supply plastic injection moulding machines to BYD.
Mkt cap- 1120m
cash- 600m
net profit- 200m
debt- minimal
net-net stock.
Any buddies keen to invest in CH?
David Webb will make sure the corp governance is ok?
Deep value because deep cyclical I guess?
(22-11-2022, 12:21 PM)specuvestor Wrote: [ -> ]David Webb will make sure the corp governance is ok?
Deep value because deep cyclical I guess?
Imagine one has 1120m to privatise CH
Deducting cash of 600m, effective takeover price is 520m.
suppose CH net profit drop to 60m, one's return on investment based on 520m is still a respectable 11%.