Good job guys, stock seems cheap and I like that in your scenario you decided to take pretty conservative assumptions. However such a huge upside seems extraordinary even with those risks in mind. I'm also super happy that you decided to explore polish market, since in overall it seems undervalued compared to western markets
Thank you! "Extraordinary" is the right word. This is probably the cheapest company we've ever encountered. Of course, geography and commoditized business offer a partial explanation, but this level of discount seems very excessive. It appears that the market has not yet recognized the beginning of a new cycle. We might have to wait another couple of quarters for more investors to see what's unfolding. ;)
Great! Thanks for the article
Good job guys, stock seems cheap and I like that in your scenario you decided to take pretty conservative assumptions. However such a huge upside seems extraordinary even with those risks in mind. I'm also super happy that you decided to explore polish market, since in overall it seems undervalued compared to western markets
Thank you! "Extraordinary" is the right word. This is probably the cheapest company we've ever encountered. Of course, geography and commoditized business offer a partial explanation, but this level of discount seems very excessive. It appears that the market has not yet recognized the beginning of a new cycle. We might have to wait another couple of quarters for more investors to see what's unfolding. ;)