RE:RE:RE:RE:RE:RE:RE:RE:$45 by year end?zalmonella wrote: I am a short basher when the valuation or the opinion is ignorant, but that's not often - as you can tell I don't have the smarts for good analysis. That said, you confirm with your story about DII.B that SOTP is valid and therefore my loose screen of P/B<6 and P/S <8 are valid assessments for me. The only question left for me is will anyone else value it the way I do, adn if so, how quickly. Positive news always helps.
DII.B was also one of my bigger wins - it's one of the few I bought in during the COVID low at $1.90 and got rid of a bit soon at $14. Certainly the biggest percentage gainer I had in that time - the others were off less so returned less. It wasn't one I usually followed, but you couldn't help noticing how far off it was, especially as I was looking for a new bike at that time, which got really hard to find.
It is difficult to quantify future performance without knowing market factors in advance. For analysis you just make assumptions and examine what the econmic situations would be. Nobody is perfect and people make mistakes on selling (our not selling) and entry points. I unfortunately didnt think of biking earlier in the pandemic and could have invested more but cant complain.
On the time basis it is difficult to judge assuming a review is ongoing and speculating it could have been as early as April based on no insider trading. Enghouse doesnt have the type of attention that other IT stocks have. For a large holder without having to report their holdings at 10% or more is about 5.5 million shares or about 3-4 months purchasing 50% of the average market sales.