I like it when management is honest in their market commentary and have guts to say no to giving guidance. Market doesn’t like it and stock prices drop wildly fearing the worst and factoring in all possible negatives.
I will increase my position in the stock with a long term view. Company has had a great execution track record and have built strong positions in different businesses they operate. Plus China situation will not be permanent. So when the cycle turns, there is plenty of upside I can hope to capture.
Disc- Invested small amounts.
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