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.

For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more!

Tegus

Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best.

I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself.

TIKR

TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive.

--- Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support

Samer Hakoura: Ashtead Group $AHT Deep Dive

Value Hive Podcast