Good write-up. I have been interested in this company for a while but believe that the valuation is still too high and multiple contraction imposes a significant risk in my view.
Thanks 🙏🏻 I agree, at this level there is already a part of the potential in the landbased segment priced in. If this segment is not that promising as management expect the valuation is currently too high
Good write-up. I have been interested in this company for a while but believe that the valuation is still too high and multiple contraction imposes a significant risk in my view.
Thanks 🙏🏻 I agree, at this level there is already a part of the potential in the landbased segment priced in. If this segment is not that promising as management expect the valuation is currently too high