P.R Gailliez

Work in Restructuring | Investment & discussions | early 20’s

[P.R Gailliez @PRGllz]

@long_equity Great to see Aena, airports are underrated !

[P.R Gailliez @PRGllz]

@dcurras1 $medp the only one I own (been a couple of years now). I agree that this part has been generally forgotten by the broader market

[P.R Gailliez @PRGllz]

@realroseceline Then again, if the outcome is a 13%+ return over a long time, not being diversified across outcomes is fine Imo

[P.R Gailliez @PRGllz]

@HatedMoats Will be the first European trillion dollar company, imo (if they hit their 2030-2035 targets)

[P.R Gailliez @PRGllz]

@kristinnsms Yeah I’ll sit Fico out. There are a lot of attractive opportunities that are better. What do you think of MasterCard at current prices ? Seems like a fair valuation for an excellent business

[P.R Gailliez @PRGllz]

@BramVGenechten Bought a hell of a lot more.

[P.R Gailliez @PRGllz]

@kristinnsms What sorts of businesses do you operate ?

[P.R Gailliez @PRGllz]

@long_equity Hven’t looked at at stock exchanges in a while, you’ve reminded me to do some reading. I like your portfolio ;D

[P.R Gailliez @PRGllz]

@long_equity True, I’m just trying to look at the survivability of the two businesses (ie which is more durable / has a higher chance of being here in 50 years)

[P.R Gailliez @PRGllz]

@long_equity So (apart from financials), you’d also consider the moat stronger ? I wonder then why someone like Hohn (who has owned both) stuck with the rating agencies

[P.R Gailliez @PRGllz]

@killthepedophil @Nybergarenn @returnoncap I don’t see the 0.03% cut they take though (as a customer) ? Are they really going to give me a discount to escape a 0.03% take, noting that they risk losing consumers that rely on these cards ? I don’t think so personally

[P.R Gailliez @PRGllz]

@killthepedophil @Nybergarenn @returnoncap How does the merchant incentivize the consumer to switch ? Noting the consumer has points, rewards, discounts, and can use it everywhere in the world ? (And I’m probably missing other things)

[P.R Gailliez @PRGllz]

@long_equity Management

[P.R Gailliez @PRGllz]

@kristinnsms Have you looked at $ADBE, $MEDP ? Otherwise, solid list (though I wouldn’t own any co’s of your deep value list)

[P.R Gailliez @PRGllz]

@Divs_King Recu des dividendes. Sinon, aucun achat 🙃👐🏻

[P.R Gailliez @PRGllz]

@Divs_King Dur a suivre pour un stock picker quand on y pense !

[P.R Gailliez @PRGllz]

@kristinnsms How do you account for the pricing power of a business in the hurdle rate ? A company might be compounding FcF at 7% with a lot of untapped pricing power potential, and decide one day to start ramping up (see Fico in early 2020’s).

[P.R Gailliez @PRGllz]

@Divs_King +-20% annualisé depuis mes débuts. Pas lié a un talent particulier. J’ai juste eu la chance d’ouvrir le CTO pendant le crash covid et investi dans Google pcq j’aimais bien YouTube (a ~90$). Aucune thèse, aucun savoir, rien. Mtn que j’ai appris, j’ai l’impression de régresser 😅.

[P.R Gailliez @PRGllz]

@FirstSquawk They can take the $125B punch and be fine in the long run (can’t say that about most companies). I’m of the camp that their AI tools, developed specifically for their business, will be value accretive (better algo’s, better ROI on ad spend..)