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Only a few weeks ago, we purchased this company because, in our view, the share was extremely undervalued. Due to the negative sentiment surrounding Chinese technology stocks, the share price had become disconnected from the company’s operational performance, even though the business is showing strong revenue growth, rapidly rising free cash flow and a solid balance sheet with a net cash position. At the current valuation, we consider the downside risk to be limited. In addition, we see an extra opportunity in a potential reintegration by the parent company, which could buy back the logistics network in full relatively cheaply at the current low valuation.
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Updates

Interest rate fears are back

There was relatively little major market news this week. At SharesUnderTen, we can clearly see that the summer holiday period is now in full swing. Nevertheless, we remain focused, continue to follow developments closely and keep a close eye on every company in our portfolio.

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Updates

Markets remain strong, but the risks have not gone away

Markets continue to show remarkable strength. On Wall Street, the S&P 500 reached another record high last week. In our view, that is not entirely surprising. US inflation was better than expected and, above all, earnings season is giving investors plenty of reason to hold on to their shares. Second-quarter profits across S&P 500 companies…

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Analyses

Buy low and sell high!

Are we at Shares Under Ten disaster tourists? Or do we simply wait patiently until a share has been punished so severely that an interesting opportunity emerges? Perhaps we are a little of both. That is simply how the stock market works. Shares rise and shares fall. Yet one thing continues to stand out: once…

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Updates

Trump promises a deal, and the market still believes him

Over the past few weeks, a familiar pattern has started to emerge. President Trump says that an agreement with Iran over the Strait of Hormuz is close, oil prices fall and equity markets breathe a sigh of relief. Last week, exactly the same thing happened. Trump and Treasury Secretary Scott Bessent suggested that an agreement…

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Updates

Calm Returns Once Again, but for How Long?

After months in which developments in the Middle East determined the direction of the stock market almost daily, a degree of calm appears to be returning. President Trump announced this weekend that he would refrain from launching a large-scale attack on Iran, as he believes both sides are moving closer to a new agreement. If…

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