I also have Evolution in my portfolio. I would not call it ridiculously undervalued. Due to unforeseeable regulatory risks alone (irrespective of the latest news from the UK), a share like this must be trading at a significant discount.
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Yes, but given the financial strength of the company. I think the share is far too cheap personally. Hardly any debt, very high margins and secure dividends. I understand that it gets a discount, but I think the discount is clearly too much.
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