4 Comments
Jan 11, 2023Liked by Emerging Value

I generally agree. I don‘t get it why Asian companies do not use buybacks more often and more aggressively.

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Ohne year later nothing has changed. I expect shares rising only of they start meaningful buybacks. Do you see that or another catalyst coming?

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I expect shares to rise when they come in fashion. Value is its own catalyst. The market was also difficult this year.

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I got some feedback as to what happened with revenues decreasing from 2018 to 2019. Due to covid I completely forgot about pre covid times and its effects on CKH. In 2019 they disposed infrastructure interests, FX was not good, and Energy branch had lower profit than 2018.

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