It passes most of my checklist points. Considering it but dint buy because of the subdued revenue growth. While their direct competitor Gravita is growing at 25%, POCL is forecasting a 10% growth for 2 years running. Although they have big plans and targeting a 30% CAGR growth in revenues till 2030.
Will look at it again based on Q1 results or if the Lead cycle reverses and it impacts the margins.
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