Cracking piece Matt. EPS reported (notes) was $0.20 yet with add backs is $0.23 and >83% YOY & they have not even turned the dial on price. The moat is widening.
Thanks for comments everyone - agree $10k in adjusted PV terms is significant - i must stress however to all as disclosed always do your own research or get advice before making any decisions.
On A Compounder -
Great piece - awesome. I would add under what to look for; 1. who has funding, 2. management, and 3. register. That would materially change the preferred portfolio in my opinion.
Great article - excellent point on Working Capital. My preference however is Z1P (Zip Co). It is 400% cheaper to APT in ratio of market cap / vendor count. Future is bright for both APT and Z1P
Very good call on Z1P - truly undervalued - will be a $1b market cap company
Very nice to see FMG being supported. It still remains the #1 Acquirer Mutiple. Many thanks to LiveWire for publishing my earlier piece on FMG
Well written, inflation is well and truly about to kick off. As a teacher of Econometrics, I mapped 50 years of commodity data and we are about to enter a new era of inflation - hope you enjoy the piece https://www.linkedin.com/pulse/commodities-forrests-fortescue-rodney-forrest/