HIL, Daily - Seems to have broken out of upwards wedge. Have a position from here. Fundamentally, have put down my understanding of the business in the HIL thread along with latest results update. This business was perhaps misunderstood when it took a whole lot of debt to buy Parador and now that investment is paying off, along with pipes and roofing business showing stellar growth with even building materials showing green shoots as of last quarter. Lot of cash flows have helped reduce debt as of latest balance sheet (numbers in the last post in the HIL thread). Valuation is still cheap as the Asbestos business which was around 80% few years back is now just around 25% and rest of the businesses are also being valued at the same level. Could just be a matter of time as re-rating happens.
Disc: Have positions from around 2500. No recent transactions