100 Bagger Hunting

100 Bagger Hunting

Update on one of the best risk-reward setups out there

Going down under

Kevin's avatar
Kevin
Jan 21, 2026
∙ Paid

Two Months ago, I had a meeting with Hugo Navarro, investor and writer of Undervalued and Undercovered.

We discussed several stocks, and one of them was one of my favorites, Pharmx Technologies.

Two weeks ago, Hugo sent out his deep dive.

Undervalued and undercovered
Digital infrastructure monopoly with 5–7x potential: the road to >40% EBIT margins
Today we will be looking at a monopoly payment gateway across the entire pharmacy sector in Australia. About 23b AUD in transaction volumes are routed through its system. Orders, invoices, stock feeds, everything is processed through it…
Read more
14 days ago · 13 likes · 5 comments · Hugo Navarro

With his permission, I will share the highlights of that deep dive.

If you’ve never heard of Pharmx, please read my deep dive first, as this article will only make sense if you have some knowledge about the company. (I removed the paywall.)

This article will first highlight the new information and how this results in Hugo’s valuation.

I will end the article with my own opinion and how the bet (upside potential versus downside risk) has changed based on this new information.

And I can already say, even though the stock has doubled in 2025, I believe there is more in store.

Here’s why ⬇️

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