๐๐๐จ๐ ๐ง๐๐ก๐๐๐จ๐๐ ๐ง๐๐จ๐ช๐ก๐ฉ๐จ
And they are outstanding.
โ +22% cross-border revenue
โ +38% card (and other) revenue
โ Total: +27% transaction revenue
This is for a company currently trading at 25 times earnings. It looks VERY, VERY CHEAP. The kind of opportunity that you need to invest... Mehr anzeigen รbersetzen
๐๐ค๐ก๐๐๐ฃ๐ ๐จ๐ฉ๐ง๐ค๐ฃ๐ ๐ฌ๐๐๐ก๐ ๐ฉ๐๐ ๐ข๐๐ง๐ ๐๐ฉ ๐๐๐ก๐ก๐จ:
This has been a rare quality of the portfolio lately: when the market falls, we go up.
It is only due to owning great businesses outside of the current market heat. Nothing in the portfolio is mainstream, and that shows in days... Mehr anzeigen รbersetzen
๐ ๐ ๐ซ๐๐๐ญ ๐ฆ๐จ๐ง๐ญ๐ก, ๐ฌ๐จ ๐๐๐ซ
This year is being really volatile for the portfolio. We are staying away from bubbly assets, but the market has focused on the AI industry, forgetting about everything else.
But when earnings come, the market canโt ignore how cheap our businesses are, and how... Mehr anzeigen รbersetzen
๐ผ๐ก๐๐๐๐๐ ๐ช๐ฅ ๐ฒ%. ๐๐๐ฎ? ๐๐ผ
$BABA (Alibaba-ADR) is up by 6% after the news that it will be part of $AAPL (Apple) ecosystem in iOS, iPadOS, macOS, and visionOS, that is, all of Apple's hardware, for Chinese users.
As we know, Apple has chosen to stay away from the AI wars to pick the... Mehr anzeigen รbersetzen
๐๐ผ๐๐๐ผ๐ ๐๐๐พ๐๐๐๐๐ ๐ผ๐ ๐๐๐๐๐ ๐๐ ๐ฝ๐ ๐ผ๐พ๐๐๐๐๐๐ฟ
$PYPL (PayPal Holdings) has received an offer of $53 billion to be purchased by Stripe and Advent. This would be a premium of 28% compared with yesterday's close.
Both Stripe and Advent would keep a 50%-50% stake in the company,... Mehr anzeigen รbersetzen
๐๐ก๐ ๐๐ญ๐ซ๐๐ข๐ญ ๐จ๐ ๐๐๐ก๐ซรถ๐๐ข๐ง๐ ๐๐ซ
Open and closed at the same time.
But thatโs old news already. Today, the big news is that the US plans to charge a toll of 20% to every vessel crossing the Strait. Great.
Anyway, this is just market noise. Intentional or not, who knows. But it doesnโt... Mehr anzeigen รbersetzen
๐'๐ซ๐ ๐๐๐๐ฃ ๐๐ช๐๐ก๐๐๐ฃ๐ ๐ ๐๐๐, ๐๐๐๐๐ผ๐ฝ๐๐ ๐ฅ๐ค๐จ๐๐ฉ๐๐ค๐ฃ:
It's a company that has grown its revenues by over 20% per year during the past 3 years
Profits per share have increased by over 16% per year
It's true that revenue and profit growth have been slowing down... Mehr anzeigen รbersetzen
๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐๐:
If you like fishing, you know that the chances of catching a good fish increase when you're fishing in a good place that is not crowded. More fish, fewer people, a higher chance to fish.
If you want to buy a house, the same applies: the fewer people bidding... Mehr anzeigen รbersetzen
๐ผ๐๐๐ฝ๐ผ๐ฝ๐ผ ๐๐ ๐๐๐๐ ๐ญ๐ฌ%. ๐๐๐??
Alibaba has risen today by over 10% in Hong Kong trading hours. As you know, $9988.HK (Alibaba Group Holding Ltd (Hong Kong)) is one of my main positions, and very bullish about the company. But why is it going up today?
Alibaba's management ( $BABA... Mehr anzeigen รbersetzen
๐๐ ๐๐๐๐ ๐๐๐ ๐๐ผ๐๐๐๐ ๐๐ ๐ฟ๐๐๐:
It's curious to see how the portfolio is behaving lately. In days when the market goes up, it goes down; but in days when the market goes down, it goes up.
Of course, this is due to my investment process. To avoid risk, I avoid overpriced stocks... Mehr anzeigen รbersetzen
27
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