7/9/24 - $olo - Target hit, buying here $4.357/9/24 :: VROCKSTAR :: NYSE: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
