Business Description:
Diversified business with very recent acquisitions
Catalysts:
Rising Interest Rates
Diversified business
Gaining market share at fast rate
High insider ownership and insiders buying shares
Returning cash to shareholders through buybacks and dividends
Risks:
Taking debts to make acquisitions
Some businesses did well during pandemic (for example, Auction and Liquidation) and such success may not continue
Small size will make it hard to compete with rising fintech and investments from bigger banks
Key man risk
Bad investments can go really wrong (for example, liquidation in the last quarter of 2019)
Financial Analysis:
Comments