ASTE is a watchlist name - listened to the call and like the story long-term. I wasn't surprised by the disappointment - check out my questions on the call a quarter ago: transcript
Sell the rumor (we did sell the stock out of Top 20 pushing 30) and buy the news (today). I was planning on adding ASTE to Top 20 and sell TWI if cirumstances were correct, but they weren't (see below). I started a position below 24 (2% of the whole portfolio)
POR - disappointing, but these aren't permanent problems (hydro availability and weather). I added some at 18.
TWI - just got off call. I think that the CEO has some serious problems, but he knows the business. I decided to double my position (3.5% of foundation now) at 7.82 after I heard that the quarter is expected to be profitable. This story is more speculative in my view, but this is a very unique company heavily exposed to North American agriculture.