Thanks for the insight! This directly reinforces the points I raised regarding the lack of transparency. This article is intended as a preliminary look at the metrics and business model rather than a deep-dive analysis of the company itself. I really appreciate you highlighting this for anyone considering a deeper look into the stock.
I've looked at Catana briefly. it also trades at attractive multiples, because it is a very cyclical sector.
I find Fountaine Pajot more interesting specifically because of its massive net cash position. Even though I'm cautious about the sector in general, that cash pile provides a margin of safety that makes Pajot a potential opportunity (pending a deeper dive)
think 4mass founders were involved in some previous fraudulent cmpanies
Thanks for the insight! This directly reinforces the points I raised regarding the lack of transparency. This article is intended as a preliminary look at the metrics and business model rather than a deep-dive analysis of the company itself. I really appreciate you highlighting this for anyone considering a deeper look into the stock.
Have you checked ALCAT.PA (Catana Group). It could be a good alternative to Fountaine Pajot, and I'm curious of your thoughts?
I've looked at Catana briefly. it also trades at attractive multiples, because it is a very cyclical sector.
I find Fountaine Pajot more interesting specifically because of its massive net cash position. Even though I'm cautious about the sector in general, that cash pile provides a margin of safety that makes Pajot a potential opportunity (pending a deeper dive)