OK, so I took a closer look at the Singer operations in Bangladesh and Sri Lanka (this is a post-script to the Retail Holdings post). Sum of the parts is a good and fine, but if the underlying stocks are overvalued or trading at silly levels, then it doesn’t matter if something is trading at a…
Tag: RHDGF
Retail Holdings
Here’s an interesting ‘liquidation play’ I’ve had for a while (paid $10/share or so a while back) but still might look pretty interesting. Retail Holdings (ReHo/ RHDGF) is just a holding company that owns 56.2% of Singer Asia, which is just another holding company that holds shares in Singer Bangladesh, Singer Sri Lanka, Singer Pakistan,…