Today I come to introduce you to "la bolsita" the BME Growth is a Spanish SME Market where small companies with great growth potential are listed, the risk is higher and the market is less liquid than the big quotes but within all this doing analysis I have found what I think is a real gem 💎.
I present to you $SCO (-0,69%) because of the development of the last few years you can imagine that it is a super inflated technology company that is already trading at 200 times earnings, the reality
A technology company that trades at 16 times earnings despite having very high growth expectations is trading at 70 million euros and the revenues of the last year are 54 million with good margins for a technology company with so many growth opportunities could easily reach 140-160 million market capitalization.
Which would be a x2 on the investment in a very short time, not to mention what it could become in about 5-10 years, but it is about taking bigger risks than the global stock market, they are smaller companies have less confidence and operational facilities than the giant companies that we see daily
If you wanted to buy shares of BME Growth to start I had to open an account in a specialized bank (Renta4) to access the shares of BME Growth although in other large commercial banks also offer them, it is a market that in most brokers does not appear for example in MyInvestor not found.
The analysis of these shares I have done by reading the documents that you can find through the official website of BME Growth in the quotes tab, Seresco is an exception the truth is the only good thing I've been able to find at reasonable prices.
Among other things I have found a coffee shop that has been losing money for 5 years and have been dedicated to buy bitcoin 🤯, in short I have not been able to find much more I also do not want to contribute much to such specific and risky markets, but it is a great alternative to Venture Capital for those who do not yet reach the requirements to invest in private equity.