Michael, recently I have been steadily adding to my position as the price has dipped. From my selfish perspective, the lower it goes the more I can add. Unfortunately, I am virtually fully invested so I can't add a great deal more.
I am absolutely convinced that the only thing this company lacks is effective Investor Relations. Management is superior, but VERY CONSERVATIVE. Oh yes, they DO meet their targets and milestones. They run this great company very quietly and almost nobody knows that it exists. There is no hype, no hype, no hype! How refreshing! Boy if I were in the industry, I would love to do IR for this company. In my opinion, it is a no-brainer.
As an old guy, grandfather, retired and all, theoretically, I shouldn't be investing heavily in small-cap companies. However, how often do you find an undervalued gem like CHT? Seldom!!
Check out the management, the company results and the prognosis for its business, and enjoy.
Happy investing!
Regards, Ed |
