My opinion is that the value proposition for these two companies has never been explained here well enough to be convincing. Imo, BZP as a value is not explained (at current price) anywhere else on SI now either, from what I see. Lots of "I'm in; technicals show such and such; volume is x today; wow price is y today; I'm cutting back; thanks so-and-so for the tip", etc. Nothing I see about valuation.
I have a little BZP. I admit to just following the crowd. I've no idea what fair value for this stock might be. I still have KHD. It's gone past fair value. Imo, it's a play on design/construction of plants related to cement/coal/minerals. A popular industry now, with stocks approaching, or at, highs.
Doesn't bother me much if people are in or out -- or that I'm in (or out). Just that, if these companies (BZP, KHD, MFCAF) are among somebody's top holdings (and if that person has a decent size portfolio), it is crazy or gambling imo to hold such large positions in these, when the value of these is not clear or not discussed. |
