I bought in December and the plan was always to hold out until the next lot of financials. Yozo is intriguing and may keep me in longer. I like the core business of debt management and consolidation even though the main profit drivers appear to be the Singapore lenders at present. In the current marcoeconomic climate, I can only imagine their lending and profits would have gone up. My only concern initially was that it was a small cap with little traction, and the recent positive announcements has increased exposure into the stock and that concern has been alleviated
Management has shown a history of smart acquisitions and expansion and I have faith that they can continue kicking goals. As Mohnish Pabrai says
"You don't make money when you buy stocks and you don't make money when you sell stocks. You make money by waiting"
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