I like the JAKK write up and updates, thank you for sharing! I don't believe the tariffs will stay where they are long term so I purchased some shares at the current depressed prices. What is your take on the situation ? I think that tariffs will be lowered to a sustainable level in a few months, before q4, especially for these non- strategic industries.
Thank you! I don't spend my days focusing on MOATs too much. However their products and distribution is best in class
Around their PAM, the moat is pretty self evident (deep integration with customers and very difficult to get regulatory licensing, especially in their key markets)
Also their Fuze platform is one in a kind ( their website goes into details on the product)
Within content, they have one of the most extensive distribution network for games. Remember that every single game needs to be licensed, and compliant, in their respective jurisdiction. Its extremely hard for most content providers to expand their reach given the significant cost and regulatory burden: Bragg is one of the few gaming companies with global reach (they have a bigger reach than most traditional billion dollars B2B operators like Everi, Light & Wonder, AGS, etc)
Excellent coverage!
Thanks for the review. I’m a holder of THRY and agree with your sentiment - no change to the long-term story
I like the JAKK write up and updates, thank you for sharing! I don't believe the tariffs will stay where they are long term so I purchased some shares at the current depressed prices. What is your take on the situation ? I think that tariffs will be lowered to a sustainable level in a few months, before q4, especially for these non- strategic industries.
Thanks for your detailed thoughts on this. I agree.
Bragg: Your research is better than the analyst that are covering the stock. Nice work. One question, can you explain what their moat is?
Thank you! I don't spend my days focusing on MOATs too much. However their products and distribution is best in class
Around their PAM, the moat is pretty self evident (deep integration with customers and very difficult to get regulatory licensing, especially in their key markets)
Also their Fuze platform is one in a kind ( their website goes into details on the product)
Within content, they have one of the most extensive distribution network for games. Remember that every single game needs to be licensed, and compliant, in their respective jurisdiction. Its extremely hard for most content providers to expand their reach given the significant cost and regulatory burden: Bragg is one of the few gaming companies with global reach (they have a bigger reach than most traditional billion dollars B2B operators like Everi, Light & Wonder, AGS, etc)