7/9/24 :: VROCKSTAR :: 
OLO
Target hit, buying here $4.35
- thanks again for the DM my friend
- picking up shares here at $4.35, the 20% cagr top line 2Y growth is simply too good for a stock that trades at 1.3x enterprise value
- when you adj for cash, the stock is 11x PE and also cagr'ing EPS in the next years near 20% (or more), again too cheap
- they're not burning
- huge cash pile
- either they buyback or this thing straight gets taken out *
- *the more i think about "what happens to cheap B2B in this environment" i can only think... we're going to see take outs for good growers with healthy balance sheets. this would be a good tuck in for so many larger payment names
- same logic as 5/7 post... below $4 we go large. for now i'm starting with a 50 bps position
V
OLOTarget hit, buying here $4.35
- thanks again for the DM my friend
- picking up shares here at $4.35, the 20% cagr top line 2Y growth is simply too good for a stock that trades at 1.3x enterprise value
- when you adj for cash, the stock is 11x PE and also cagr'ing EPS in the next years near 20% (or more), again too cheap
- they're not burning
- huge cash pile
- either they buyback or this thing straight gets taken out *
- *the more i think about "what happens to cheap B2B in this environment" i can only think... we're going to see take outs for good growers with healthy balance sheets. this would be a good tuck in for so many larger payment names
- same logic as 5/7 post... below $4 we go large. for now i'm starting with a 50 bps position
V
Note
added 50 bps here at $4.22, up to 1% sizeTrade closed manually
$6 AH... closedboom shaka laka
V
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.