Valuation, page-102

  1. 4,084 Posts.
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    @pooman1
    I like your comparison with Acconex.
    The only difference is the sector : there are a lot of investors, in particular private equity, interested to buy software companies.

    For now, there is not a lot of interest to buy retailers : omni-retailers or pure play like Redbubble.
    Not sure to understand why private equity is so cautious about the retailers, while they generate a lot of free cash flow and could benefit from a better environment going forward, with less store openings in particular.
    Perhaps we are close to the peak of uncertainty for retailers as we are now reaching the period where they began to have strong sales, in particular for e-commerce.
 
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