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Hidden Value Gems
A trade in Japanese airlines? Tourism has been exploding, airlines have lagged...
✅"Overseas visitors to the country reached a historic high in March as they flocked to the country attracted by a cheap currency."
✅"Japan Airlines expects sales to grow 17 per cent and its group net profit to rise 5 per cent to ¥100bn for the year to next March. This would be JAL’s first time since fiscal 2018 at that level."
✅Airlines have lagged due to higher cost of fuel in local currency (weak Yen) and lower outbound tourism (Japanese travellers abroad are 40% lower vs pre-pandemic).
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A trade in Japanese airlines? Tourism has been exploding, airlines have lagged...
✅"Overseas visitors to the country reached a historic high in March as they flocked to the country attracted by a cheap currency."
✅"Japan Airlines expects sales to grow 17 per cent and its group net profit to rise 5 per cent to ¥100bn for the year to next March. This would be JAL’s first time since fiscal 2018 at that level."
✅Airlines have lagged due to higher cost of fuel in local currency (weak Yen) and lower outbound tourism (Japanese travellers abroad are 40% lower vs pre-pandemic).
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Hidden Value Gems
Decent FY-24 trading update by $WOSG.L, confirms its 5-year plan to double sales and grow profits above that.
✅Group revenue +4% in constant currency, continued market share gains in the UK/US.
✅UK/Europe -4%; US +14%
✅Rolex pre-owned sales ahead of expectations (sales doubled YoY)
✅Net cash at £1m vs £16m a year ago (driven by £44m acquisition costs of Ernest Jones stores)
✅ FY-25 outlook: sales +9-12%; adj EBIT margin +0.2-0.6% improvement; £60-70m cape, 70% FCF conversion
The stock is at 8x forward P/E.
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Decent FY-24 trading update by $WOSG.L, confirms its 5-year plan to double sales and grow profits above that.
✅Group revenue +4% in constant currency, continued market share gains in the UK/US.
✅UK/Europe -4%; US +14%
✅Rolex pre-owned sales ahead of expectations (sales doubled YoY)
✅Net cash at £1m vs £16m a year ago (driven by £44m acquisition costs of Ernest Jones stores)
✅ FY-25 outlook: sales +9-12%; adj EBIT margin +0.2-0.6% improvement; £60-70m cape, 70% FCF conversion
The stock is at 8x forward P/E.
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The Long Investor
David Tepper
Added:
Chinese
$BABA
$PDD
$BIDU
$JD
Reduced:
$AMZN
$MSFT
$META
$NVDA
$GOOG
$AMD
The transfer of capital from US stocks in Wave 5 to Chinese stocks starting Wave 1 is clear here https://t.co/8cAH2LcUGO
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David Tepper
Added:
Chinese
$BABA
$PDD
$BIDU
$JD
Reduced:
$AMZN
$MSFT
$META
$NVDA
$GOOG
$AMD
The transfer of capital from US stocks in Wave 5 to Chinese stocks starting Wave 1 is clear here https://t.co/8cAH2LcUGO
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Daniel
Jeff Bezos is one of the most successful entrepreneurs of all time. He is worth $210,000,000,000.
Since 1997, Bezos has written 24 Shareholder Letters.
They are a masterclass on entrepreneurship, investing and life.
Here are the 7 most important Concepts: https://t.co/6hRHBvXZcN
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Jeff Bezos is one of the most successful entrepreneurs of all time. He is worth $210,000,000,000.
Since 1997, Bezos has written 24 Shareholder Letters.
They are a masterclass on entrepreneurship, investing and life.
Here are the 7 most important Concepts: https://t.co/6hRHBvXZcN
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Brandon Beylo
Society is healing.
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Society is healing.
Jeremy Clarkson, 64, is crowned the UK's sexiest man for the second year running beating the likes of Cillian Murphy, Tom Holland and Idris Elba https://t.co/35iSZECJXo https://t.co/V75OmwEIhA tweet