Archive - Turtles all the way down!

Italian IT services compounder

Trading at 8-9x PE

Nov 26 •

A biotech slow liquidation

Combined with a higher quality business

Nov 21 •

And closing a few ideas

Nov 20 •

October 2024

Was the VOC company really worth trillions?

Oct 30 •

Closing 5 ideas

Getting out of BERY (until after the spin-off)

Oct 27 •

Berry Global, part II

Same valuation but now with improved fundamentals

Oct 23 •

Mission critical SaaS company

At inflection point for only 1.2-1.3x revenue

Oct 22 •

Industrial packaging stock at 6-7x PE

Planning to nearly double EBITDA in next 3 years

Oct 22 •

Another OTC pharma roll up

Cheaper than the last one

Oct 17 •

HK Auto Finance Fintech stock

Low quality business with rapidly growing SaaS business attached

Oct 16 •

Closing Galecto

Strategic alternative process has finished

Oct 7 •

Closing one idea

And reopening an older idea

Oct 4 •

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