Hi thanks for your post. I analyzed Acomo in details in 2021, but was appalled by the rates of returns of the retain earnings, as you mentioned. The margins can be maintained but the turns have just taken a dive, with negative growth in some segments. So at best, you get a lumpy inflation-protected bond yield, and not an incredible yield..
Excellent write-up. I bought a small stake in early 2022 as an inflation play, yet I clearly misunderstood their market. In their annual report 2022 they clearly state they experienced some price pressure in their key products. As food inflation keeps increasing (one of the biggest drivers of core inflation in US and EU), do you think this can be a tailwind?
Hi thanks for your post. I analyzed Acomo in details in 2021, but was appalled by the rates of returns of the retain earnings, as you mentioned. The margins can be maintained but the turns have just taken a dive, with negative growth in some segments. So at best, you get a lumpy inflation-protected bond yield, and not an incredible yield..
Excellent write-up. I bought a small stake in early 2022 as an inflation play, yet I clearly misunderstood their market. In their annual report 2022 they clearly state they experienced some price pressure in their key products. As food inflation keeps increasing (one of the biggest drivers of core inflation in US and EU), do you think this can be a tailwind?