I last wrote about HollySys Automation (NASDAQ:HOLI) on December 18, 2012 ("HollySys Looks Like A Name To Watch..."), saying at the time that I thought it was a very interesting (and undervalued) company in the Chinese industrial automation and trail/subway control markets. Since then, the shares have risen about 34% - doubling the return of the S&P 500, and doing considerably better than other players in automation and mass transit like Siemens (SI) (up 5%), ABB (NYSE:ABB) (up 10%), Emerson (NYSE:EMR) (up 20%), Invensys (up 22%), Rockwell (NYSE:ROK) (up about 23%), and even Honeywell (NYSE:HON) (up about 32%).
Certainly plenty has happened over the past nine months, including...
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