- MIXT is a top-performing telematics player with innovative products, global footprint, and a competent manager.
- Macro concerns and short-lived execution missteps led to a 60% decline in its share price.
- MIXT can win in multiple ways, and its valuation creates a time-arbitrage opportunity for long-term investors.
It’s been over a year since I published my last Seeking Alpha article, and boy, how I’ve missed communicating with my SA readers. I sure look forward to receiving your feedback, commencing a lively discussion in the comments section below. No other stock than MiX Telematics (MIXT) can serve as a better vehicle for my comeback.
MIXT is one of my best investments, one that brought me high returns and not less important – a large readership. Since my dual articles on MIXT (my top idea, and an M&A supplement) back in 2015, when the price was $6 a share, the price more than tripled to $20, but recently has rebounded to just above $12. Is it a compelling opportunity at the current price? We shall explore that here.
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