$ADYEY $ADYEN.AS 911 I want to report a murder!

In serious terms, I used to hold this company in the past, I’ve briefly looked at the report given this rapid share price decline and I think this is largely a big overreaction.

I sold my $ADYEY shares around 1300€/per share and decided to take a starter position in $MA at $286 and over time averaged up into full position.

My concerns were precisely the multiple of $ADYEY and I just liked the consistency of FCF growth and margins at $MA relative to valuation. From that standpoint, I made the right decision.

I’m not really the guy who enters new positions just for opportunistic purposes but if I were, I’d be seriously taking a look. Very high quality name with humble management and huge profit margins. Still expected to grow robustly over the years to come.