Shares & Derivatives
EVA Precision Holdings (0838.HK)
By dzwm87  •  May 16, 2012
If you have noticed from my recent portfolio updated post, you will have noticed that I had taken a position in this company. Till date, given the poor global sentiments (again!), I have divested my entire stake in EVA, suffered a 30% loss as I was proven to be too overly-bullish on this counter. The reason for this post is then to explain why I found it attractive in the first place, the reasons why it became a failure subsequently and  why I felt this can still prove to be attractive in the future. The attractiveness (or so) of EVA Precision: To begin with, EVA Precision Holdings is a vertically-integrated precision metal and plastic mould & component manufacturing service provider. In other words, they are focused on the entire vertical implementation of metal & plastic component parts – right from the start of mould construction till the latter stages ......
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By dzwm87
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