After some solid tips and reflection, I’ve cleaned up the portfolio a bit. Still holding quite a few positions, but I’m more focused than ever. $NVDA (+1,02%) (Nvidia) continues to dominate the AI space with no real competition in sight. $PLTR (+3,08%) (Palantir) is slowly proving its worth with strong long-term government and commercial contracts. $AD (-1,08%) (Ahold Delhaize) provides reliable stability in every market condition. $MAIN (+3,23%) (Main Street Capital) keeps the income steady with consistent payouts. $BFIT (-0,24%) (Basic-Fit) is expanding fast across Europe, and I like the potential. I’ve increased my $VHYL (+0,72%) exposure for a strong dividend base. My almost daily dividend pie is still going strong. Small, steady progress, and I’m in it for the long haul.

Basic Fit
Price
Discussione su BFIT
Messaggi
6Portfolio update!


My First Year as an Investor 🥳🎂
After my first 12 months investing seriously and long term in the markets I can say that I am quite satisfied 😁.
But there are always buts, and yes, I should have been more careful at the beginning of the year, around December I was blinded by the performance of my investments, I failed to see the risks which seen in hindsight were ENOUGH OBVIOUS let's review them:
- The S&P at 30x Earnings when its average is around 18-21x.
- Three years of growth well above its historical average of 10% with no justification other than the rising expectation of AI 🤖
- A 26% Return in just 6 months in my stock portfolio without much change in EPS simply a price increase due to growing demand.
- Almost 3 years of announced Crisis and many experts (Like Warren Buffet) walking away from the Markets and holding Cash positions.
- A Euro dollar rate among the lowest historically basically at par 1€/1.02$.
In all this context to have shares like $GOOGL (+2,95%)
$META (+1,11%) or others that I had at the time such as $AMZN (-0,2%) were not going to help much being the most affected by the correlation of the index and its high Per not to mention the currency effect.
But I went with a very aggressive portfolio and barely kept 5% in money funds or cash 😔 (which also if I had it was by chance not by planning 🤣).
The important thing Lesson Learned, you have to keep a cool head, and maintain a balanced management according to the risks and not be blinded by these situations of "easy money".
However the year has not ended not so bad many of my "bets" have gone fantastically well as well as. $HPE (+2,39%) (+30%) $SMSN (-0,23%) (+15%) $BFIT (-0,24%) (+10%)
And I have diversified into smaller stocks that are not so correlated to the indices and that according to my criteria have the potential to outperform the index
As well as other alternative investment vehicles such as BME Growth and Urbanitae projects.
And of course I keep a reserve but not too big for when opportunities like the ones we saw just a couple of months ago come along ;)
This is how things have been in the aggregate one year later, in the equity portfolio the profitability is somewhat higher, but still it is important to diversify as we said before, we continue working to improve and grow 🔝📈📈

(Re)Purchase Basic-Fit
After missing earnings estimates by -8% in net income and by -1% in EBITDA
$BFIT (-0,24%) falls almost 23% in a single day
I am confident in the company in the long term, sooner or later it will show profits and grow like crazy.
Although it is highly indebted it has assets worth 66B and the company is listed at 1.25B the real equity after deducting liabilities is about 400M so if it is highly indebted but has a profitable business model and well established in major European countries (Spain, Germany, France, Netherlands).
If business goes well sooner or later they will end up showing good results and a more stable debt situation 💸🇳🇱
Investing in Europe? 🤔🇪🇺
Which European stocks do you think can make a difference and can be an investment opportunity and reduce the risk of keeping a large part of the portfolio in the United States 🇺🇸.
These are my picks for the moment:
- $ITX (+1,29%)
$BFIT (-0,24%) (I have to expand my position)- $ASML (+1,04%) (I have not yet bought)
- $MC (+0,01%) (I haven't bought yet)
Which European stocks do you think will thrive with good returns in the future?
Stock Summary Sunday #1
I think this is a nice platform to discuss some of my favorite stocks. That's why I like to start writing and highlight stocks I've been following. This doesn't necessarily mean I have them in my portfolio. But I would like to see other opinions to widen my knowledge and maybe my own view on them.
Beginning with
$BFIT (-0,24%)
Basic-Fit is an operator of fitness centers based in the Netherlands. The company operates more than 1.500 fitness clubs in the Netherlands, Belgium, Luxembourg, France, Germany and Spain. They currently have 4,05 million members who pay a monthly amount to train at their nearby fitness center with a total expected revenue of €1,24 billion in 2024. Basic-Fit is aiming to have around 3.000-3.500 fitness clubs in 2030. Meaning they would double their revenue in 5 years. Their main focus growth market would be France, Spain and Germany.
Basic-Fit has a market cap of €1,32 Billion. Their expected EPS for 2024 are €0,63 which makes a future P/E of 31. The expected EPS for 2025 are €1,31 which makes the future P/E a bit lower to 15 points.
Because of the huge ambitions to upscale their fitness clubs to 3.000-3.500 clubs in 2030 from 420 clubs in 2016, they have a high net debt of around €800 million excluding lease obligations. They are expecting to make profit in 2024 which means the debt will no longer rise enormously as the previous years.
From now on it was worth it and they kept to their promises. Basic-Fit showed exponential growth in all their KPI's. See underneath:
Zooming in on their 2030 goals:
When they succeed to build 3.000-3.500 clubs, with an average of 3.200 members per club, they will have 9,6 to 11,2 million members in 2030. Each member will have a yield of €28,40 per month with this continuous yield growth. Meaning each member will bring a revenue of €340,80 per year making a total revenue of €3,27-€3,81 Billion in 2030. Because Basic-Fit doesn't have a profit margin yet, I expect them to have a margin similar to their competitors of around 10-12%. Assuming the 10% profit margin (lower range) they will have a net profit of €327-€381 million.
My question to you
Do you think Basic-Fit will continue to succeed in their promises? And do you think it is fair priced against their projected earnings in 2030? Let me know what you think of this stock!

Titoli di tendenza
I migliori creatori della settimana