a frustriting stock, page-12

Will be interesting to watch what happens. One thing is for sure, Mr Stokes has the patience to sit and wait (as history has proven on his important investments)

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"Hopefully SEV won't be buying any more engineering businesses or similar!"
- Indeed, personal ambition got in the way on several deals. When you have a BILLION plus sitting on the sidelines and every M&A type throwing you ideas, you do do dumb things. Overall, being a SEV holder at the extremely attractive P/B value is a no brainer.