Samse : update following 2024 annual results
Still not an easy context and many things to do!
What a week! Strong volatility is back and as time goes by I take them more as an opportunity to focus on my best ideas when the price is right. Of course it is not easy but in effect we are all waiting for these moments to get some good bargains. So now that we have the volatility it is up to us to stand tall!
We all know some companies quite well and as time goes by we also have an idea of when the market is offering them to us at an interesting price. It is usually when it is the most difficult that it is the best time to buy.
My experience has always been to focus on my best ideas when the price is too good to pass.
I have no idea on how the macro situation is going to evolve but I just know that the management teams of my companies are good and know how to navigate through these difficult times.
When the Covid 19 pandemic hit my secret to stay calm was to run a lot and sleep well and be ready to fight for another day and follow the process!
Coming back to Samse. They are facing a difficult market but have already been faced to these type of situations in the past. So nothing new for them!