Close your eyes and hope for the best, page-21

What I find amazing on HC is that we go around in circles yet there is local management and I have engaged with them. They can, without breaching rules, unpack the business and give it a balance. Yes, they had bad news before and at that point, it was very overpriced hence why we sold our 50% and we are basically sitting on half our shares free carried.

I have been considering buying more as I think that is has a business that you don't really want to be in - parking tickets but at the same time this industry has been going for years in the UK. In fact, the largest operator was purchased by Macquarie for around UKP235 million.

https://www.capita.com/news/news/2018/capita-announces-the-disposal-of-parkingeye/

Sometimes I think people on this site don't do any research before posting. I can fully understand that you may have no knowledge on a stock you don't own but then do your research if you intend to post...

The business has challenges - not least because it let the market down badly but the fact that it has a business in the UK doesn't preclude it from success. Nor do I think serious investors are happy to lose money or haven't thought through the issues.

Is it worth $45 million, probably and probably a lot more if it fixes its UK business and remember its client list is impressive.

It is high risk but very high reward...