After selling $Dutech(CZ4) late last year ahead of the US Elections, I have re-initiated a new position today at 46 cents. Reasons for investing are largely the same:
1) Steel prices this quarter are largely comparable to last year
2) Mgmt will focus to restructure Metric UK after acquiring it last year
3) Increase in advances to suppliers and growth in inventories may suggest greater work ahead
Anyway, it is really a tiny position accumulated today
Dutech Holdings Limited: Initiation Report • Heartland Boy
Having explained Dutech's business model, Heartland Boy will use his FA Criteria to assess it. Heartland Boy has a personal price target of $0.88 on Dutech.