Pollard Banknote Ltd PBKOF

RE:RE:RE:RE:No xmas card for Takascy this year

[AlwaysLong683]

88guy88 wrote: I bet he is too....he likes to buy companies like this with moat protection from new competition and good fundamentals......Stephen buys cheap undervalued companies and more importantly he is willing to wait for the value to be recognized over 3 to 5 years and in some cases 10 years....his performance is proof of his strategy

Takacsy's small-to-mid cap stock picks have, for the most part, been train wrecks over the past 12 - 18 months.

Here were some of his big picks over that time period:: DOC  THNK  MDF  BYL   PBL

Check out the 1 to 2 year performance of the above companies and see for yourself.

While Canadian small cap tech in general did take a beating in 2021 and into 2022, his picks appear to have got hammered by even greater drops in share price in % terms. He's was buyng PBL in the mid-to-high 30s? Well, it closed today at 23.65, so if we assume the average price of his new purchases is say 37.00, the share price will have to increase by about 56% for him to break even on them. It could happen, but how long will it take?

So, did he buy cheap in the mid-to-high 30s....?......If so, I assume he should be buying even more now that it's trading in the low 20s......?

Is he pounding the table with his hand or his head after the release of these results.......?