Hello everyone and welcome to this months portfolio update.
Ever looked into 3i given your exposure to the discount retailer segment? Steve and I think it's a very good outfit.
Not looked into this and to be honest my portfolio has enough retailers. I will take a look and add it. Regards to Steve 👍
Why did you pick TMO over Sartorius and Danaher? Purely valuation? I like their portfolio the least of those three.
Valuation played a part Niklas that's for sure. Oh really? Whys that?
Consumables are much more sexy than the services business of Thermo. CRO for example is not a great business in my opinion, pretty commoditized.
Regardless who wins out of the three, they all have bright futures.
100%. Still an 83% recurring revenue stream. I disagree, CDMO and CRO customers decide on who to partner with through reliability, reputation and expertise.
Ever looked into 3i given your exposure to the discount retailer segment? Steve and I think it's a very good outfit.
Not looked into this and to be honest my portfolio has enough retailers. I will take a look and add it. Regards to Steve 👍
Why did you pick TMO over Sartorius and Danaher? Purely valuation? I like their portfolio the least of those three.
Valuation played a part Niklas that's for sure. Oh really? Whys that?
Consumables are much more sexy than the services business of Thermo. CRO for example is not a great business in my opinion, pretty commoditized.
Regardless who wins out of the three, they all have bright futures.
100%. Still an 83% recurring revenue stream. I disagree, CDMO and CRO customers decide on who to partner with through reliability, reputation and expertise.