Hotung on the roll
This blog first mentioned how attractively priced Hotung Investments was on Nov 05, 2005 in a post titled "Bargain Technology VC" [Link to post]
Then, the Taiwanese company was trading at US$0.09. In recent weeks, market sentiment towards the counter has improved significantly. It closed at US$0.14 today. This represents approximately a 55% gain over a space of 3 months!
As noted in the earlier post, Third Avenue holds a substantial stake in HIH and this must also represent a fruitful position for them too!
crafted by Mr Market @ 6:31 PM
3 Comments:
How did you first happen upon this stock?
TAM has started selling-out
Anonymous, thanks for your comment.
Indeed, TAM has began reducing its position. The blog shall update on this shortly.
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