Welcome to the ROI club,
Join Me for the RULE INVESTMENT SYMPOSIUM July 2025!
→ click here
Benji here - the newly crowned ‘Royalty King’.
No royalty stocks today, instead this is for the deep value guys.
I had the pleasure of catching up with Hugo Navarro an investment expert from Valencia with a keen eye for special situations and undervalued opportunities.
Be sure to check out his sub stack ‘Undervalued and Undercovered’
We dive into his journey, the strategies he uses to uncover high-upside plays, and his insights on companies like Seaport Entertainment, Libertas, and Piraeus Port. From the dynamics of monopolistic businesses to the evolving PGM market.
I am very impressed with the depth of Hugo’s specific knowledge in the investment opportunities he covers, particularly in the European property development space which is on my radar for a 2026 project.
Get In Touch With Hugo Below 👇
Business enquiries: Hugo.navarro@twelve-eight.com
Chapters
00:01 – Introduction to the ROI Club Podcast & Guest: Hugo Navarro
00:24 – Hugo introduces himself and his background in investing
02:01 – Hugo’s early start in investing at age 11-12
02:50 – Hugo’s firm, 12 and 8, and their investment strategy
05:19 – Portfolio structure: 10-20 businesses, special situations
07:36 – Asymmetric bets and market decorrelation
08:29 – Deep dive into Seaport Entertainment ($SPOT) special situation
15:27 – Seaport’s asset sales and potential re-rating
17:24 – Introduction to Piraeus Port Authority ($PPA)
19:54 – PPA’s monopolistic position and undervaluation
26:07 – Risks of government and Chinese ownership in PPA
27:48 – Introduction to Libertas ($LIB) – Spanish real estate and investments
32:58 – Libertas’ business model and revenue streams
36:40 – Valuation potential of Libertas
41:05 – Closing valuation gap in Libertas
41:33 – Macro discussion: Platinum Group Metals (PGMs) and Sylvania Platinum
44:26 – Sibanye Stillwater as a high-risk PGM play
45:11 – Closing remarks and where to find Hugo’s research
For More On The Companies Mentioned See Hugo’s Take:
Enjoy!
Benjamin
P.S. Love the episode? Restack with your thoughts or questions—I’d love to hear them!
⚠️ Disclaimer: This is not financial advice. I document my investment journey for entertainment purposes only. Do your own research and consult a professional before making investment decisions.
📊 Access my exclusive investment research → https://theroiclub.substack.com/
🥇 Join the Rule Investment Symposium for exclusive insights from top investors
💰 Check out my real-money portfolio on eToro: https://etoro.tw/3OndqFC
🎙️Start Your Podcast With Riverside
X: @TheRoyaltyKing
