Originally Posted by
allfromacell
This stock really baffles me, it really does. The last time I saw a stock so grossly undervalued was OCA at $0.40 when I threw all I had at it ignoring the 'dont buy a downtrend' conventional wisdom out the window... But honestly that's exactly what I'm seeing here.
The recent update has cemented it to me, this business his shown strong resilience to covid, strong evidence of profitability and big cash flow and a market price that seems irrationally scared of a demise the numbers just aren't showing. Sky with well over a million subs ain't going anywhere, it actually makes me chuckle I can continue picking up shares of such a dominant NZ name at around $300m market cap... What a gift..
I'm not arrogant enough to throw everything at this as I could perhaps be ignorantly blind to the existential threats this company faces but I just don't see it, happy to push 20% of my portfolio into such a steal.