2Sem.
Perhaps because it’s somewhat of a ‘sin’ stock that goes against your morals. For me its tobacco and oil.
These companies also could suffer heavy from regulations.
These companies also could suffer heavy from regulations.
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Yeah the regulation is what push me off here, so much can go wrong due to regulation
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2Sem.
@CompoundSeeker Yes. i bought it somewhere around 990sek. That’s a 14PE which with these growth rate and dividend feels way too cheap. The company supplies casino games around the globe and is still growing. In the Netherlands where I live I noticed a few changes but they are mostly about protecting people from a gambling addiction. This is done in adding a maximum amount you can lose in a certain time and a maximum time you can play. The online casinos are likely to offer casino games still. If they have to cut costs, they will go for the games that earn the most and the ones the most people want to play. Therefore I see not a big risk for evolution, as their games are of great quality. I see easily 15% growth per year, overestimated risks from the market, cheap valuation. Thats why I bought. If it drops to 900 i’ll load up more.
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•@Luuk_vb Indeed 14PE is a steal for those metrics, growth will slow down and we won't see the previous numbers but 15% YoY seams reasonable regarding the open road they have in the US. I'll definitely follow them closely
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