TCCHF - Technogym: I Am Waiting On The Sidelines To Buy More

2024-04-06 08:18:16 ET

Summary

• I bought my first shares in Technogym back in 2022 and I do not have any plans of selling them.
• The company has some good prospects in Asia and it is going to partner with 2024 Paris Olympic and Paralympic Games.
• The valuation is a little bit too high with respect to the company's fair value, I wait on the sidelines to accumulate some more shares.

In 2021 I read "One Up on Wall Street" by Peter Lynch and was greatly impressed by the famous slogan:

Buy what you know!

Since then, I began paying attention to all the objects and services I use in my daily life. At the time I was just a newcomer to the gym and I started realizing that a lot of machines at my hometown gym were manufactured by Technogym s.p.a. ( OTCPK:TCCHF )....

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