@mind_the_bear I have also struggled to understand them. They should have healthy margins given prices(not the case). The size of company vs brand recognition doesnt match. I beleive a good luxury operator could do a lot with the brand. Although cant invest on speculation.
@IggyOnInvesting Prologis, focused on industrial real estate. Traxion, trucking co.
Although, none of the obvious benefitters from nearshoring seem cheap to me.
@ideahive Mexican property developer Cadu, P/B 0.2, P/E 2.8.
Struggled with debt in Covid, market priced it for bankruptcy. The company survived and is again healthy, but the market forgot to correct the price accordingly.