HollySys (HOLI) is a case-in-point to what I’m talking about when I say that some otherwise undervalued opportunities just aren’t worth the hassle. Although HollySys has significant growth potential serving China’s automation and rail markets, consistent growth has always been elusive and management’s communication with investors is tragically bad. Considering all of that, and ongoing risks to China’s near-term economic health, I’m not all that surprised that the shares are down more than 10% from my last update on the company.
So is HollySys worth the hassle now? The shares are looking more