What podcasts say about Gaurav Sodhi
Every statement, with the speaker, the exact quote and the moment it was said.
What Gaurav Sodhi has said on podcasts
58 statements · 27 positive · 24 negative · 1 mixed · 6 neutral
Australia’s current economic difficulties will differ from previous crises.
“I think this one is going to be different.”
Open the episode · Stock Take: Is the Economic Model Starting to Crack?Listen at 1:30
Access to cheap energy is common among rapidly growing countries.
“One thing common with all countries that grow quickly is access to cheap energy”
Open the episode · Stock Take: Is the Economic Model Starting to Crack?Listen at 5:11
Australian government taxation and spending are excessive.
“government tax and spending is just out of control”
Open the episode · Stock Take: Is the Economic Model Starting to Crack?Listen at 9:59
Australia is currently unusually vulnerable to inflation.
“Australia is uniquely prone to inflation at this point”
Open the episode · Stock Take: Is the Economic Model Starting to Crack?Listen at 10:46
Investors should reconsider businesses dependent on government funding or discretionary spending.
“Probably I'm thinking twice about it.”
Open the episode · Stock Take: Is the Economic Model Starting to Crack?Listen at 11:31
Australia could experience prolonged economic stagnation.
“We could be in for a long drawn-out period of nothing, of stagnation.”
Open the episode · Stock Take: Is the Economic Model Starting to Crack?Listen at 14:56
Prolonged economic stagnation would damage equity values.
“that is really destructive for equity values.”
Open the episode · Stock Take: Is the Economic Model Starting to Crack?Listen at 15:02
Gaurav is slowing investment decisions and reducing portfolio concentration.
“acting a little slower and, uh, and for me anyway, um, reducing my concentration.”
Open the episode · Stock Take: Is the Economic Model Starting to Crack?Listen at 17:04
Comparing gross margins within an industry provides useful information.
“I compare gross profit margins with competitors and in the same industry that can give you a lot of information.”
Open the episode · Stock Take: Misleading MetricsListen at 9:26
Macquarie Technology’s net profit and EPS are expected to show little growth.
“I think net profit stays exactly the same or exhibits very little growth. EPS, I don't think grows at all or exhibits very little growth.”
Open the episode · Stock Take: Misleading MetricsListen at 16:49
Macquarie data centers begin profitability around 30–40% utilization and perform strongly at 60–70%.
“they need sort of 30, 40% utilization before they start making money. And they start making really good money once they hit sort of 60, 70% utilization.”
Open the episode · Stock Take: Misleading MetricsListen at 18:06
Macquarie’s additional 200 megawatts of capacity will cost $3–4 billion.
“to build that additional 200 megawatts of capacity is going to cost between $3 and $4 billion.”
Open the episode · Stock Take: Misleading MetricsListen at 19:27
Macquarie Technology’s historical per-share compounding may deteriorate.
“I'm concerned that that may change in the future.”
Open the episode · Stock Take: Misleading MetricsListen at 19:58
Depreciation is a real expense for capital-intensive businesses.
“depreciation is a real expense, especially for capital-intensive businesses.”
Open the episode · Stock Take: Misleading MetricsListen at 25:48
Capital-intensive businesses should not generally be valued using EBITDA.
“when you're doing valuation work, you don't, you shouldn't really value capital-intensive businesses on the basis of EBITDA.”
Open the episode · Stock Take: Misleading MetricsListen at 26:53
Mineral Resources’ equity value should rise as debt declines.
“as that debt level falls, the equity value of Minres ought to rise in concert”
Open the episode · Stock Take: The Results of the SeasonListen at 5:15
Copper investment will increase supply and correct elevated price expectations.
“if everyone's spending their money chasing copper, then, you know, the capital that goes into that endeavor inevitably leads to higher supply and it autocorrects for whatever price expectation”
Open the episode · Stock Take: The Results of the SeasonListen at 7:57
MinRes shareholders who rode the stock upward should consider taking profits.
“This might be the time to take a little bit of money off the top.”
Open the episode · Stock Take: The Results of the SeasonListen at 10:19
Investors should favor superior businesses over cheaper inferior competitors.
“The correct way to invest is to keep buying the businesses that are more expensive, but are just playing on a different level to the competitors.”
Open the episode · Stock Take: The Results of the SeasonListen at 26:15
Eagers Automotive is a high-quality business undervalued by the market.
“This is a phenomenal business, and I don't think it's been recognized by the market as such.”
Open the episode · Stock Take: The Results of the SeasonListen at 27:06
Eagers Automotive operates exceptionally well and is successfully replicating its model in Canada.
“they do it better than anyone else. It's a legitimately high-quality business and they're replicating that in Canada.”
Open the episode · Stock Take: The Results of the SeasonListen at 29:56
Eagers Automotive’s current margins are not necessarily unsustainable or solely an EV boom effect.
“I actually don't think that's the case at all.”
Open the episode · Stock Take: The Results of the SeasonListen at 31:14
SEEK’s conference-call technology remains two decades old.
“their tech is still 2 decades old”
Open the episode · Stock Take: The Rant EditionListen at 14:15
SEEK’s Growth Fund consists mainly of HR and education assets worth about $1.6 billion.
“the Growth Fund is made up of pretty much human resource and education assets. It's worth about $1.6 billion”
Open the episode · Stock Take: The Rant EditionListen at 16:32
SEEK’s Growth Fund generated approximately 3% annually over five years.
“it's 3% per annum”
Open the episode · Stock Take: The Rant EditionListen at 17:27
A longer investment horizon remains one of the biggest available investment advantages.
“having a longer time frame than a day or 3 months is probably your one of the biggest edges still, still around”
Open the episode · Stock Take: The Rant EditionListen at 27:26
A 3% annual return is unattractive when interest rates are near 5%.
“3% per annum is not a good return when interest rates are closer to 5%”
Open the episode · Stock Take: The Rant EditionListen at 32:39
Lovisa combines high margins with fast inventory turnover.
“Lovisa combines them both.”
Open the episode · Stock Take: Eight Results That MatterListen at 2:43
Lovisa could eventually operate roughly three times its current store count.
“They're 1,100 stores, and I still think they're probably a third of where they could eventually be.”
Open the episode · Stock Take: Eight Results That MatterListen at 3:20
Lovisa’s JUULs concept will either become profitable or be shut down.
“Either the concept will make money, in which case it'll be a net positive for Lovisa's finances, or it won't make money, in which case they'll shut it down”
Open the episode · Stock Take: Eight Results That MatterListen at 5:29
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.