Bartjenss

Double if not triple bottom in HAL-Trust shares

Long
Bartjenss Updated   
EURONEXT:HAL   HAL TRUST
Shares in HAL Trust have been going down since mid 2017, form a high of around EUR 180 to currently around EUR 130. I think we might have seen a short term double bottom at EUR 127, and a longer term double bottom when you look at the same level lows from December 2018.

The shares still trade at a nice but not huge discount of around 4% to NAV, and the stock throws of a modest dividend of around 2.15% currently.

HAL Trust is the listed investment vehicle of a Roterdam based business family. It contains listed investments and lots of private equity type of ositions. It has a stellar track-record and as far as I am concerned a bright future.

The current portfolio, the discount to NAV and the potential double bottom make me think this is a nice entry point for long term investors.
Comment:
This is about HAL Trust, so not Halliburton !
Comment:
HAL.AS is about to commence the next upleg.
MACD nearly done with cooling down and about to turn up.
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