Judging by the earnings & revenue trend, I think the company might have over-earned in the past 2 years. Hence, I believe we might see an interim peak in earnings. What are your thoughts?
Jul 17, 2023·edited Jul 17, 2023Liked by @Govro12 WinterGems Stocks
Thanks for the write up! The company seems to be worth having a deeper look.
Have you checked Nordic Transport Group? Same business model, serial acquirer (hence faster growth), a decentralized org structure and large insider ownership. Probably too expensive now, but I like the business quality, so watching it closely.
Merci de trouver des joyaux de petites entreprises et merci pour toutes ces magnifiques analyses très claires et bien structurées.
Good find & a well-written thesis.
Judging by the earnings & revenue trend, I think the company might have over-earned in the past 2 years. Hence, I believe we might see an interim peak in earnings. What are your thoughts?
Thanks for the write up! The company seems to be worth having a deeper look.
Have you checked Nordic Transport Group? Same business model, serial acquirer (hence faster growth), a decentralized org structure and large insider ownership. Probably too expensive now, but I like the business quality, so watching it closely.
Here is my write up on NTG: https://equitysearch.substack.com/p/nordic-transport-group-an-efficient
Very interesting - never heard of this company! A nice addition to my "inflation-proof-asset-light" watchlist.
Merci de partager ces petits joyaux cachés et surtout de partager ton "thought process".
Cheers