Taking a sip at Keytone Dairy, page-3

Thanks for the analytical post.

Would you share the other companies that fit the parameters you described above that you invested in, and at what revenue multiples they traded at for how long?

@Roger2828

You’re welcome.

The companies I have personally invested in that broadly fitted the description above at the time of purchase were TPW, RBL and MMM.

None of them has much in common with KTD but, according to my own judgement, they were all at or close to a similar inflection point (of those three, I only see MMM as still being moderately undervalued, and in fact it is the only one I still own).

If you go through my old posts, you can find my original investment thesis for each of them and work out the dynamics post-purchase.

Cheers