I was reading the 30th of September report of "OC Premium Small Companies Fund". About BVS it says:
"... the stock was sold down heavily on the day of the result. Although we initially reduced our holding in BVS, we have retained a position after the stock continued to fall well below our revised valuation for the company. Despite being COVID-19 impacted, BVS continues to have a strong long-term sales pipeline which ought to eventually convert once the pandemic subsides. The company has a high quality client base and a strong net cash balance sheet and ought to return to growth in FY22 and beyond."
I guess soon or later BVS will be rerated as undervalued.
BVS Price at posting:
$3.30 Sentiment: Buy Disclosure: Held
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