Please enjoy our conversation with Samer Hakoura, Founder of Alphyn Capital.
We covered everything that an investor needs to know about Ashtead Group (LSE: $AHT), whether it is Ashtead’s history, what is their business, Ashtead’s Competitive advantages, its unit economic, value and why they still have future margin expansion and revenue growth.
Plus, Samer shares his investment journey such as how did he manage to run a Caribbean Supermarket and and what could possible go wrong with his Ashtead Investment.
Check out the time-stamp below:
- [0:00] Who is Samer Hakoura?
- [2:50] Running a Caribbean Supermarket
- [8:00] Synthetic Leverage
- [12:20] Ideal Investment
- [14:40] Differences between private investing and investing on the public markets?
- [16:20] Ashtead Group (LSE: AHT)
- [19:00] Due Diligence
- [22:00] Ashtead’s History
- [33:30] Ashtead’s Unit Economics
- [38:40] Competition: United Rentals vs Ashtead.
- [50:00] Ashtead’s Exposure to the Macro Environment?
- [59:00] Why Ashtead has so much debt?
- [1:01:20] The Bear Case for Ashtead?
- [1:07:00] More from Sam and Closing Questions
If you like what you heard, follow Samer on Twitter @SamerHakoura.
Finally, a big thanks to the following sponsors for making the podcast a reality.
Mitimco
This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers.
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