I was going to put a PF update anyway so will reply to your query along with it
Sold my entire stake in Everest kanto at a tidy 65 percent profit. Had entered around 70 ie near bottom and got out immediately after the horrid result. It was never a long term play and isnt a company anyone would want to own for years at a time and im happy it this cigar butt style of investing worked. Rest everything stays the same
Expect CUB results to be bad for a year. The low selling price is there for a reason. We have this mis representation that because we buy something cheap things have to improve immediately. CUB has ongoing problems and i expect the next few quarters to be a washout. Things will improve couple of quarters down the line but the market may react positively earlier too. So for now im just holding and expecting the worst/nothing for a few quarters and not expecting any capital loss here which was my main criteria with this position
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