Feb. 26 at 4:22 AM
$ATHM The all time low only ~80 pennies away. I add a few today at 20.15 (now low
$20 avg.) and bids in place down to
$18, which would be wild and make this an absolute monster position. Last ALT was during the 2016 China crash, when the book value per share was only
$8. Today, they have
$3.1 billion in cash vs a
$2.4 billion MC, book value of
$29 per share, 9% dividend ratio and ~1.8 per share earnings. There is no comparison to the last low. Haier Group is open up a bunch of new drops for growth and will buyout the remaining stake in the next 18-24 months above
$30. Make it make sense.