Have strong conviction on Wonderla, great execution track record and solid management. Somehow they know the rule of the game and generating profits from year 1 when all other players were struggling.
Close analogy is Indigo who has developed a moat in Aviation space. With strong moat (low cost, own slides, strong brand, ancillary F&B income, zero debt), Wonderla has established itself an indispensable player in an industry which has structural multi decade growth drivers in place (rising aspirations and per capital income, underpenetrated etc).
I have added position today on overall broader market correction.
Contra view or investment thesis are welcome.
Disclaimer: Invested and biased
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