Eei update

Eei is currently trading at 13.86 pesos. If you bought it at 0.88 pesos several years ago, you would have multiplied your investment quite substantially. Of course, assuming you did not sell your shares prematurely.

Citiseconline currently publishes a fair value of 14 pesos for Eei. In the run from 0.88 to the current price, col has had several upgrades on its published fair value because the market price just kept going higher. Col also thought that even with the higher Eei price, Eei was still cheap and very attractive. This is why, it kept increasing its fair value for Eei. In recent months, however, the fair value of 14 pesos has remained constant. This is probably a sign that the current price has finally catched up with true valuations.

I have started selling my Eei shares slowly.

I think Eei is a good company even for the long term. Its president Roberto Castillo has a son, and I had the privilege to teach his son a few months ago. If his son becomes heir to the company, I think the company will still be in good shape as his son is no joke. Studies hard, above average intelligence and diligence, and is kind hearted and well liked by his peers.

Cheers to Eei. My current suggestion is to lighten your Eei shares as market price seems to have reached fair valuations already. You may opt to hold on to your shares for the long run though and just wait for the regular dividends. The company is a good one to hold on to.