PXGYF - PAX Global May Be Pounded Down Into Bargain Territory
When last I wrote about PAX Global (PXGYF) ((0327.HK)), the latest story was the company's now-former CFO throwing a temper tantrum at a sell-side analyst (Timothy Lam) who had the temerity to be negative on the stock. By the way, not only did that tirade cost the CFO his job, that bearish analyst was right - the stock has fallen more than 40% since then, and a lot of what the analyst pointed out as bearish concerns (a weakening position in China, inflated expectations for developed market adoption, weak service offerings) have become