Offshore
Photo
Umesh
Wonderful sref!
[PROMPT] --chaos 50 --sref 506925685 --profile 6xd26z9 --stylize 500 https://t.co/NFOMDfhJZG
tweet
Wonderful sref!
[PROMPT] --chaos 50 --sref 506925685 --profile 6xd26z9 --stylize 500 https://t.co/NFOMDfhJZG
tweet
Offshore
Photo
Umesh
RT @LudovicCreator: @umesh_ai Great images and prompts Umesh
red moon --chaos 50 --sref 506925685 --profile 6xd26z9 --stylize 500 --v 7.0 https://t.co/EUUtn1y8VS
tweet
RT @LudovicCreator: @umesh_ai Great images and prompts Umesh
red moon --chaos 50 --sref 506925685 --profile 6xd26z9 --stylize 500 --v 7.0 https://t.co/EUUtn1y8VS
tweet
Offshore
Photo
Umesh
RT @guicastellanos1: @umesh_ai Amazing sref! here an aztec temple! https://t.co/BpwJ1vJqg4
tweet
RT @guicastellanos1: @umesh_ai Amazing sref! here an aztec temple! https://t.co/BpwJ1vJqg4
tweet
Offshore
Photo
Investing visuals
$ASML Q3 earnings 🚨
• Net bookings: €5.4B vs Est. €5.2B
• Rev: €7.5B vs Est. €7.65B
• Gross Margin: 51.6% vs Est. 51.3%
Q4 outlook
• Rev: €9.2-9.8B vs Est. €9.3B
• Gross Margin: 51-53% vs Est. 51% https://t.co/Mpu2Buck1k
tweet
$ASML Q3 earnings 🚨
• Net bookings: €5.4B vs Est. €5.2B
• Rev: €7.5B vs Est. €7.65B
• Gross Margin: 51.6% vs Est. 51.3%
Q4 outlook
• Rev: €9.2-9.8B vs Est. €9.3B
• Gross Margin: 51-53% vs Est. 51% https://t.co/Mpu2Buck1k
tweet
Offshore
Photo
Dimitry Nakhla | Babylon Capital®
ASML Holding $ASML Q3 2025 earnings 🗓️
🆗 REV: €7.52 vs €7.74B est
✅ EPS: €5.49 vs €5.36 est
Quarterly net bookings Q3 of €5.4B (€3.6B EUV)
Outlook Q4 2025
Revenue €9.2B - €9.8B vs €9.3B est https://t.co/y5miPvMZbJ
tweet
ASML Holding $ASML Q3 2025 earnings 🗓️
🆗 REV: €7.52 vs €7.74B est
✅ EPS: €5.49 vs €5.36 est
Quarterly net bookings Q3 of €5.4B (€3.6B EUV)
Outlook Q4 2025
Revenue €9.2B - €9.8B vs €9.3B est https://t.co/y5miPvMZbJ
tweet
Offshore
Photo
Hidden Value Gems
Looks like Vltava fund and Vulcan purchased $FI in Q3. Here are their rationales... https://t.co/hIaWBRXaMI
tweet
Looks like Vltava fund and Vulcan purchased $FI in Q3. Here are their rationales... https://t.co/hIaWBRXaMI
Anyone saw a good summary on Fiserv after the recent drop? I know more names will be on sale shortly, but thinking longer term - could be an interesting opportunity. Curious why the share price dropped so much recently, is it worth looking at them now? 🤔
$FI tweet
Offshore
Photo
Capital Employed
RT @capitalemployed: 43 Excellent stock pitches to get stuck into, from both fund managers and some very smart private investors --->
https://t.co/GWDhHEhLim https://t.co/fw4YBkbJQr
tweet
RT @capitalemployed: 43 Excellent stock pitches to get stuck into, from both fund managers and some very smart private investors --->
https://t.co/GWDhHEhLim https://t.co/fw4YBkbJQr
tweet
Yellowbrick Investing
$CMG.TO
2/ 🚨Behind The Buy 🚨
Here's why I’m buying Computer Modelling Group: $CMG.TO $CMG
Computer Modelling Group (CMG) is a mission-critical, sticky software provider serving the upstream oil and gas industry. Historically, it generated 40%+ profit margins and paid out nearly all of it in the form of dividends. With little attention paid to reinvesting its cash at attractive rates of return, the stock has languished over the past decade. Since 2022, however, CMG has undergone a dramatic change: new management, a board infused with Constellation Software (CSI) DNA, and a more disciplined approach to capital allocation. Despite short-term setbacks in organic growth, I believe the company is significantly undervalued and poised for meaningful share price appreciation over the next decade.
What does Computer Modelling Group do?
In its simplest form, CMG provides software that enables upstream oil and gas companies to simulate and predict how their reservoirs will behave over time. This is a critical task for operators, as reservoirs are expensive, unique, and poorly understood physical systems. CMG is globally diversified and employs ~300 people.
Introduction
CMG is a turnaround play, and my objective with this post is to share with you why I believe management can turn the ship around. Before getting into the challenges they are facing, I will talk about the pros and why I believe this is a high-quality company worth owning.
Strong Market Presence
CMG commands roughly 35% market share in the reservoir simulation software space, second only to Schlumberger at 55%. Nearly all major operators use more than one simulator: Schlumberger’s Eclipse/INTERSECT leads for more conventional scenarios, and CMG stars in advanced, unconventional processes.
The depth of CMG’s customer base is striking. Every one of the world’s super-majors is a client. Ninety percent of the top-10 national oil companies and 75% of the top-25 largest oil companies use CMG. These are not fleeting relationships — ONGC in India, for example, has used CMG’s software since 1992. Even firms with proprietary in-house simulators (Shell, Exxon, ConocoPhillips) still license CMG products, because CMG’s expertise in niche areas is unmatched.
One of its crown jewels is STARS, the industry benchmark for modeling steam injection, in-situ combustion, and other complex techniques (important for heavy oil simulation). In the Canadian heavy oil market, CMG has what amounts to a monopoly: all 20 of Canada’s largest heavy oil operators use STARS. Customers love the product — evidenced by its industry-leading Net Promoter Score of 68 — and tend to stick with it.
Switching Costs
The barriers to switching away from CMG are high. Reservoirs don’t change whesingle-seatn software does, which means a customer would need to painstakingly replicate years of calibration in a new system — a risky and expensive proposition. CMG’s products embody more than four decades of R&D, and the industry prefers proven tools because reservoir simulation is enormously complex. Drilling a single well can cost $2–20 million, whereas a single seat reservoir simulation license might cost on the order of $40–100k per year.
Even if a competitor offers a superior price, customers incur months of parallel operation, staff retraining, and lost productivity during transition. CMG has also followed the Adobe and Autodesk playbook, partnering with more than 200 universities to embed its tools into training programs. This ensures that young professionals arrive at their jobs already familiar with CMG’s software.
CMG’s CEO noted that when competitors have tried to dislodge CMG in markets where it’s dominant, they resorted to discounting their product by “as much as 90%” — yet still struggled to get customers to switch. CMG historically has achieved renewal rates well above 95% for its software licenses, though that number is not immune to the cyclicality of the industry (more on this lat[...]
$CMG.TO
2/ 🚨Behind The Buy 🚨
Here's why I’m buying Computer Modelling Group: $CMG.TO $CMG
Computer Modelling Group (CMG) is a mission-critical, sticky software provider serving the upstream oil and gas industry. Historically, it generated 40%+ profit margins and paid out nearly all of it in the form of dividends. With little attention paid to reinvesting its cash at attractive rates of return, the stock has languished over the past decade. Since 2022, however, CMG has undergone a dramatic change: new management, a board infused with Constellation Software (CSI) DNA, and a more disciplined approach to capital allocation. Despite short-term setbacks in organic growth, I believe the company is significantly undervalued and poised for meaningful share price appreciation over the next decade.
What does Computer Modelling Group do?
In its simplest form, CMG provides software that enables upstream oil and gas companies to simulate and predict how their reservoirs will behave over time. This is a critical task for operators, as reservoirs are expensive, unique, and poorly understood physical systems. CMG is globally diversified and employs ~300 people.
Introduction
CMG is a turnaround play, and my objective with this post is to share with you why I believe management can turn the ship around. Before getting into the challenges they are facing, I will talk about the pros and why I believe this is a high-quality company worth owning.
Strong Market Presence
CMG commands roughly 35% market share in the reservoir simulation software space, second only to Schlumberger at 55%. Nearly all major operators use more than one simulator: Schlumberger’s Eclipse/INTERSECT leads for more conventional scenarios, and CMG stars in advanced, unconventional processes.
The depth of CMG’s customer base is striking. Every one of the world’s super-majors is a client. Ninety percent of the top-10 national oil companies and 75% of the top-25 largest oil companies use CMG. These are not fleeting relationships — ONGC in India, for example, has used CMG’s software since 1992. Even firms with proprietary in-house simulators (Shell, Exxon, ConocoPhillips) still license CMG products, because CMG’s expertise in niche areas is unmatched.
One of its crown jewels is STARS, the industry benchmark for modeling steam injection, in-situ combustion, and other complex techniques (important for heavy oil simulation). In the Canadian heavy oil market, CMG has what amounts to a monopoly: all 20 of Canada’s largest heavy oil operators use STARS. Customers love the product — evidenced by its industry-leading Net Promoter Score of 68 — and tend to stick with it.
Switching Costs
The barriers to switching away from CMG are high. Reservoirs don’t change whesingle-seatn software does, which means a customer would need to painstakingly replicate years of calibration in a new system — a risky and expensive proposition. CMG’s products embody more than four decades of R&D, and the industry prefers proven tools because reservoir simulation is enormously complex. Drilling a single well can cost $2–20 million, whereas a single seat reservoir simulation license might cost on the order of $40–100k per year.
Even if a competitor offers a superior price, customers incur months of parallel operation, staff retraining, and lost productivity during transition. CMG has also followed the Adobe and Autodesk playbook, partnering with more than 200 universities to embed its tools into training programs. This ensures that young professionals arrive at their jobs already familiar with CMG’s software.
CMG’s CEO noted that when competitors have tried to dislodge CMG in markets where it’s dominant, they resorted to discounting their product by “as much as 90%” — yet still struggled to get customers to switch. CMG historically has achieved renewal rates well above 95% for its software licenses, though that number is not immune to the cyclicality of the industry (more on this lat[...]