A Limestone Mine With The Government's Data and Princess Diana's Will Could Be My Next Investment
Oh, and I might be adding the stock to my Flagship Fund. The same fund that has returned over 311% since 2020 and is up 6% YTD.
Our first addition to our Flagship Fund this year is one of the largest moat companies I have ever seen in my life.
With over 10 years of profitability behind it, over the past 5 years is up over 300%, and is owned almost entirely by major institutions.
The stock is down nearly 14% from it highs this year and I am going to start opening my position here.
A Quick Company Update
I never would have guessed in million years that I would be talking about investing in a company that owns a limestone mine. Especially a limestone mine that has all of the Government’s data, and Princess Diana’s will…
WHAT? Sounds like the start of a Bond film, or maybe a 007 movie — but it isn’t.
I haven’t been 100% honest either, it isn’t just a limestone mine with gov secrets and famous people’s wills. This company is a record management service provider, and while it sounds just as boring as your mom’s file cabinet at home I promise that the company’s $6 billion in revenue would starkly disagree.
The company owns data centers, cloud software, governments contracts, and yes — a limestone mine turned storage facility that is 1.7 million square feet…
again… WHAT?
The company puts up impressive numbers too, just like Lebron in his prime.
Q4 Earnings reported
All-time record highs in revenue, adjusted EBITDA, and adjusted funds from operations.
All company businesses growing at a 20% CAGR.
A 10% quarterly dividend increase.
Massive growth of 25% in its data center business
Over a 119% revenue increase driven by organic demand and successful acquisitions.
So what is this limestone mine company that I seem so feverishly interested in?
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Alright, it’s time to dive into…
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