Interesting that they keep buying.... Maybe they sense a turn around in the mid to long term.
From their April update
"Furthermore, while sales growth for Bluechiip (BCT, -33%) will likely slow again after its 3Q given it
doesn’t occupy an essential function in a constrained environment for global logistics, we think it is
very well positioned to prosper in the aftermath. This is based on the likelihood its key OEM partner
(Labcon, US) will benefit from the inevitable bias back towards local procurement within western
nations, particularly medical and pharmaceutical, as well as an increased focus on process integrity in
those industries, which BCT can help facilitate."
https://savillecapital.com/wp-content/uploads/2020/04/Saville-Capital_Fund-Update_March-2020.pdf
Interesting that they keep buying.... Maybe they sense a turn...
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