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Non-Tech : petal's Swedish stock picks

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To: Paul Senior who wrote (51)	11/24/2024 2:04:21 PM
From: petal	of 56

Interesting article about Evolution: quartr.com It contains a graph which does look somewhat concerning: However, the valuation does (still) look quite cheap indeed when compared to the outstandingly excellent financial metrics. Evolution will probably have to contend with the fact that Pragmatic Play and others have been taking – and will continue to take – a large chunk of their market share. Evolution is probably too big to be able to keep buying their competitors (as they did a few years ago when they bought Swedish competitor NetEnt (which was a spin-off from Betsson)). They would probably not get anti-trust approval. With the valuation being so humane, perhaps that isn't a big problem.

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