This will be an update to my latest additions as I accumulated more Kingsmen shares at a price of $0.61 for 23,000 shares. This is now my 3rd largest holding in my portfolio. The basic thesis to the company remains much similar to what I have previously written (Link here and here) so I will not repeat much of it. Obviously, my first entry to the company was near to the peak so it’s a really bad call and a lesson learnt to always consider for margin of safety – regardless of how much confidence you have in the business (point noted!!!). Since then, I have averaged down a few times as I remain confident in the business and management of the company. During these periods, I’ve also received plenty of updates from a prominent blogger who is vested in the company. I don’t want to ......