Hidden Value Gems
$ADM.L FY23 results:

✅Group turnover +31%; EPS +17% (c. 5% below consensus)

✅Loss ratio down to 63.9% (from 70.6%)

✅Combined ratio at 88.7% (96.8% in 2022)

✅UK motor premiums grew above market, customers started to grow in H2 '23

✅The company continues to over-provision with actual loss in UK Motor lower (see chart)

✅Full-year dividend 103p (-8% down YoY) due to higher reported PBT in 2022 under an old IFRS 4 standard

I am long, I think it is a great business with lower insurance risk (due to reinsurance agreement with Munich Re), strong growth and high returns on capital.

The 30-year chart speaks volumes (EPS CAGR +20%, 53% avg ROE).
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Ben's Bites
Inflection AI has marked its attendance in the “GPT-4 class” of models

Their new model, Inflection-2.5, goes toe-to-toe with giants like GPT-4, all while saving a ton on training costs

6M people are using its free chatbot, Pi, every month for hours

Full story: bensbites.beehiiv.com/p/pers…
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The Long Investor
Hang Seng Index HSI

Every time the bottom green support line is held, there is a strong reaction to the upside, dating back to 1998.

Green line has just been recaptured again this week. $BABA $BIDU $KWEB $JD $NIO $YINN

Hang Seng Index

When I say you are buying the Chinese market at the bottom, here are the facts:

The Green support line was held during:

-The Asian Financial Crisis in 1998
-The Dot Com bubble Crash
-The 2008 Great Financial Crash
-The 2020 Covid Crash
-And the 2023 Real Estate/deflation issues.

Each time the Chinese Government stepped in, as XI announced again yesterday to increase recovery and stimulus.

Once this line is held, there will be a recovery.

$BABA $KWEB $NIO $LI $BIDU - The Long Investor
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The Long Investor
$BTC 3.618 Fib level is at $82,152

This will mean that it has gone very extended but the ETF's are buying this up hand over fist before the halving event.
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The Long Investor
Who wants an $ETH long term chart?
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The Long Investor
$META chart attached from October 27th 2022 when we caught the bottom at $87.

Now can we catch the Top at $523?

$META hit right on the support line, I do not think the bottom is in yet.

$85 target. - The Long Investor
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The Long Investor
$YINN whos in here?

HSI showing signs of breaking out today.....so $YINN is looking good in the PM now.

A 3 X Bull ETF so proceed with caution.....BUT if the HSI confirms its breakout, $YINN is looking good here. - The Long Investor
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The Long Investor
If the HSI reverses when the $SPY starts its correction, I will be removing the Bull statue from Wall St and replacing it with the statue of TLI.
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The Long Investor
$SPY In spite of the PE's across the S&P 500 being overvalued in Red below

Analysts have a Strong Buy rating on just about every company in the S&P 500 right now (in green)

Remember analysts will never tell you where to buy, they will only show you where they believe the price is going to.

Analysts get attention for confirming your own bias and everyone wants to hear that their stock is going higher, if you hold for long term, none of this matters

🚨 The S&P 500 P/E Ratios Heat Map.

Besides Banks and Energy, everything is wildly overvalued.

Proceed with caution.

$SPY - Jesse Cohen
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The Long Investor
$AMD hit our Wave 3 target and now pulling back for Wave 4.

$TSM

$AMD ✅
$TSM ✅

🖼️ - The Long Investor
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The Long Investor
$NIO has not stayed above its 200 MA on the 1hr chart since the 5th of Jan.

It is now above it, needs to hold above $5.77 now.
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