Yes it's kinda like that. I hope you might have had a chance to...

Yes it's kinda like that. I hope you might have had a chance to dial into the analyst briefing. Some interesting stuff came up about small acquisitions they're looking at. Sounds like they are very cautious with capital....they come across as averse to deal making for the sake of it...they only would do so if it was obviously value accretive. This I like lots. Great management team embedded here evidently. Also Carlos Gil from Microequities posted a few questions.....if he's sniffing around there's something good here (as far as I can see Microequities are not substantive on the register). Interesting to see whether they buy at current levels. Personally I think it's approaching fair value but it certainly isn't expensive in this market based on its results & outlook. Hope you get another chance to take a bite at the levels you indicate.