2 Comments
User's avatar
Margin Of Safety's avatar

If you like Hurco take a look at Amada in Japan (6113). They make money, have a lot of cash and very little debt and also pay a dividend.

A lot of what happens with either company or the sector will depend on the state of manufacturing and if the government will allow accelerated depreciation on the purchase of new equipment.

Expand full comment
Buggy Whip Bargains's avatar

Many thanks - will have a look!

Expand full comment