Azeus Systems Holdings

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#18
A pleasant surprise to find Azeus mentioned on angmoh's blog. It's a bit like finding your urbanite fellow countryman when you are touring some Southern American slums, I suppose.

I have been following Azeus since it appeared on mainstream. I thought it was expensive (no way I'm going to be the "bigger fool" lor) and then subsequently proven (temporarily) right when the price dropped dragging down the "super high" P/E. Although late by 2 years, I had also looked at the same thing that Nick did - He did so at FCF while I looked at the contract liabilities, which were very similar.

So we both looked at similar things - we had wholly different results because I didn't act. Even after accounting for the 2 year delay, if I had acted like Nick did, I would probably be ~30% ahead now - a big "If I had acted like Nick". Plenty of un-doing I need to do to breach this error of omission I suppose.

The best ideas are the ones that don’t screen.

Remember, the best ideas are the ones that don’t screen. The fluctuations of the IT business masked the growth of the smaller and more profitable software segment.

https://dirtcheapstocks.substack.com/p/a...y-investor
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Messages In This Thread
Azeus Systems Holdings - by cyclone - 30-05-2018, 06:52 PM
RE: Azeus Systems Holdings - by BlueKelah - 02-06-2018, 12:33 PM
RE: Azeus Systems Holdings - by cyclone - 30-05-2019, 06:05 PM
RE: Azeus Systems Holdings - by cyclone - 28-06-2019, 06:55 PM
RE: Azeus Systems Holdings - by cyclone - 11-10-2019, 08:32 PM
RE: Azeus Systems Holdings - by cyclone - 14-11-2019, 06:46 PM
RE: Azeus Systems Holdings - by BlueKelah - 15-11-2019, 01:58 PM
RE: Azeus Systems Holdings - by cyclone - 15-11-2019, 04:53 PM
RE: Azeus Systems Holdings - by weijian - 09-05-2022, 09:05 PM
RE: Azeus Systems Holdings - by ¯|_(ツ)_/¯ - 10-05-2022, 08:24 AM
RE: Azeus Systems Holdings - by weijian - 22-07-2022, 07:39 AM
RE: Azeus Systems Holdings - by weijian - 06-06-2023, 01:44 PM
RE: Azeus Systems Holdings - by weijian - 09-07-2024, 04:27 PM
RE: Azeus Systems Holdings - by ¯|_(ツ)_/¯ - 06-06-2023, 10:19 PM
RE: Azeus Systems Holdings - by weijian - 27-07-2023, 01:36 PM
RE: Azeus Systems Holdings - by weijian - 30-08-2024, 08:51 PM
RE: Azeus Systems Holdings - by dzwm87 - 31-08-2024, 05:10 PM
RE: Azeus Systems Holdings - by weijian - 27-09-2024, 11:21 AM
RE: Azeus Systems Holdings - by ghchua - 27-09-2024, 01:23 PM
RE: Azeus Systems Holdings - by dzwm87 - 27-09-2024, 11:32 AM

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