2D·

Opinion on Constellation Software

I wonder why CSU is being punished so harshly at the moment. Yes, the "magical" leader has stepped down, yet nothing has fundamentally changed (much) at the company. Mark Miller (successor to Mark Leonard) has been with the company for years - it is very illogical that he would suddenly go completely against the wall overnight. Yes- he has to prove himself first, but I really wonder how much further CSU will drop in price. In addition, they have already announced at a press conference that 60% of their companies are already using AI to become more efficient.

I think the market is extremely overreacting here. But maybe I'm also a blind cow 🤓

I'd be interested to hear your opinion on CSU.

12 Comments

Chris@Multibagger

You should not try to trade against the market in the long term. In the end, the market is right.
I see the very real possibility that we will only find a bottom at around €1400. That would be an interesting level. PS: in Bavaria, the CSU has also been losing support for years, although nothing has fundamentally changed.😂

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Franz@Cyonix

@Multibagger There's something to it 😂

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Frank@schlimmschlimm

@Multibagger Exactly the same problem, it's all great but nobody understands why it's not working...laugh

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Sansebastian@Sansebastian

@Multibagger 2200-2400 CAD ;-)

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Sansebastian@Sansebastian

It's really the same issue why Servicenow, Adobe, Saleforce, etc. are so penalized. are being punished like this. I am still convinced and will increase

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Alpalaka@Alpalaka

Just take a look at Söder's drivel. You needn't be surprised

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IDtodal@IDtodal

The electorate is getting older and older 🙃

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aminemeskni@Aminmeskini

That can only be good for us! We'll keep buying! 😁

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BoldTake@BoldTake

I see the overreaction more in the years before. The multiples were (in my opinion) simply too high.

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Franz@Cyonix

@BoldTake of course you could be right

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ValueDragon@ValueDragon

My savings plan is still running at $CSU. Fundamentally, the share is a buy for me, as the margin of safety is currently more than 30% in my calculations, which can of course also be wrong ;)

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Christoph@ChrisBizz

👍🏻

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