Laughable. Yep, everything in SHJ is going from strength to...

Laughable. Yep, everything in SHJ is going from strength to strength...except, that is, the bit that matters: the share price.

Firstly, i never said SHJ was heavily overvalued. All my work, through thousands and thousands of words expended, led me to the conclusion simply that SHJ is, in my estimate, now roughly at fair value, all things considered.

I am not short this stock, nor any other stock on the ASX. Never have been, never will be - i am a long only investor. Feel free to go through each of my 400 odd posts to see if i've ever declared a short position - you won't find one.

All i wanted to do was to add some balance to the cacophony of voodoo nonsense on this thread that seemed to suggest SHJ was the value investing play of the decade. But obviously i've offended a lot of people and stepped on some toes, and understandably so - everyone here who's long SHJ is by definition in the red (as i think the stock is now at or on its all-time low?), so i can understand why it might hurt to have someone as loquacious and know-it-all in their manner like me, effectively tell everyone: "sorry guys, you've done your dough - this business isn't hugely undervalued like you think it is". So, to those who've had their feelings hurt, i offer an unqualified apology for attempting to bring some rationale and logic as to why the share price is where it is today.

But i don't recant a single word i've said regarding my view on SHJ's value.