Long Kingfisher - strong fundamentals and down-side protection

Amazing stock that has started to rally 10% since new CEO has been appointed.

The stock had dropped from a few years support due to under-performance by previous CEO. The stock is ready to pick-up again and reach the old support channel.

The stock has strong down-side protection. The real estate of the company is valued almost as much than the current market cap while no debt. Therefore, even in the very worst case you keep huge part of your money. However, the up-side is huge a recent sum-of-the-part valuation indicated that the stock should fundamentally be worth 2.5x current share price

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