A Competent Management Team Really Matters！！！

A company that should have thrived in the era of electrification and IoT, instead languished like a stagnant pool. Eventually, patience wore thin, and I sold off all my shares, vowing never to return. Little did I anticipate that a white knight would appear; in the first quarter, Elliott Management became ST’s largest shareholder. News released after hours revealed a settlement between the management and activist investors, accompanied by the CEO's dismissal, sending the stock soaring 20%.

A promising business in a lucrative sector, yet profits remained elusive. Even the company's management acknowledged they were essentially in a "prove-it" phase. As a small player, my only option was to exit. However, activist investors could step in, install a capable and reliable team, and play their strong hand to its fullest potential – reaping what they sow, as it should be. If handled adeptly, seeing this company's stock price reach the $60-70 range seems well within reach.