@Dreamliner which share are we talking about? it is not mentioned by name in the post or anywhere in the comments. I don't want to read the whole report either 😅
@Tenbagger2024 Yep, although they have done well in recent weeks. After some downgrades there was a dip a few weeks ago but after the good figures there was a good upward trend.
Listened to an interesting interview arguing that SaaS companies like Salesforce and in this example, mum, will evolve to a lower profit margin due to the lower development cost to in-house develop or just overall SaaS competition due to lower barriers of entry.
Might be a factor to consider when evaluating SaaS investment moats.