Reply To: Veteranpoolen AB (Ticker: VAPB B)
Wonderful analysis Markus. I have never looked at the company before and thought it was a very interesting reading. Exciting niche. One of the best ideas I have seen in a while! Thanks for sharing.
It looks like the competition in the future is low and the degree of difficulty for others to get such a network of pensioners as Veteranpoolen has created is very hard.
High margins normally attract competitors, but it seemed that this network of 8,000 retirees is difficult to compete against.
As the workforce is old do you know how rough a prolonged COVID-19 is for the company? Do you know why they lost their one big customer during Q4 in 2019?