Q: I've looked over your recent comments and wonder if your opinion on this company has changed. I'm considering a tax loss and perhaps buying it back later, unless you have a different suggestion.
Thanks as always.
Thanks as always.
5i Research Answer:
We issued an updated report on ENGH last night and lowered its rating. It needs a catalyst. With a 3.4% yield, it is becoming an income stock while the rest of the text sector surges higher. Certainly it has less risk than many, with too much cash and a low valuation. We consider it OK, but would be fine with a tax-loss-reexamine-later strategy.