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ParanoidAndroid's avatar

Belgian Post looks wild, thanks for that idea. Still very early in my research, but - latest guidance from 3 July is for EBIT of 165-185m Plus EUR 100m annually from Staci. So we are talking EUR 265-285m annual EBIT company trading for MC of EUR 530m? Of course, Staci acquisition will add EUR 40-50m worth of interest costs from the additional financing so at net income it won't be that rosy, but still - this looks too cheap.

It has all the ingredients of a classic European value trap, but I am definitely putting it on my watchlist!

Thanks for the great coverage!

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stetrucci's avatar

Great publication, as always.

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