Independent Research, Turtles all the way down

Turtles all the way down

Independent Research

Writing short articles about mis-priced boring stocks around the world.

Equity Bottom-Up

Hollysys Automation Technologies / Equity Bottom-Up

Hollysys Automation Technologies (HOLI US)

<ul><li>News came out today that Hollysys (HOLI) is being acquired by Ascendant for $26.5/share . So I sold my shares for $24.74 today.</li><li>And closing this at $24.88. Only a 7% spread, and there could be some delays before this closes.</li><li>Was a nice trade and a 43% gain since dedicating a full write-up to it in July this year.</li></ul>

News came out today that Hollysys (HOLI) is being acquired by Ascendant for $26.5/share . So I sold my shares for $24.74 today.And closing this at $24.88. Only a 7% spread, and there could be some delays before this closes.Was a nice trade and a 43% gain since dedicating a full write-up to it in July this year.

United States

Hollysys Automation Technologies Ltd. manufactures automation and control systems.  The Company produces process, industrial, rail and subway, and nuclear power plant automation equipment.

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Hollysys Automation Technologies (HOLI US)

Closing HOLI, PBR-A and 1669

News came out today that Hollysys (HOLI) is being acquired by Ascendant for $26.5/share . So I sold my shares for $24.74 today. And closing this at...

Turtles all the way down

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