⁠Librarian Capital
Diageo $DGE reporting weak Gin sales in Europe may mean bad news for FeverTree $FEVR

But Gin weakness was only explicitly mentioned in Southern and Northern Europe, not UK

(FEVR FY24H1 results scheduled for 12-Sep) https://t.co/iMFBmgw2EH
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⁠Librarian Capital
L'Oréal $OR 24H1 results

Q2 sales +5.3% LfL (+6.7% reported), incl:
Europe +9.7% LfL
N America +3.4%
N Asia -2.4% (China market down in Q2)
SAPMENA-SSA +14.0%
LATAM +12.3%

H1 sales +7.3% LfL, +7.5% reported
EBIT +8.0%
Net Income +3.5%
EPS +3.7%

New €500m buyback

$EL -2.5% https://t.co/3Jg8Pjo8R1
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AkhenOsiris
Anyone else love a good degross? 😂
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⁠Hidden Value Gems
RT @HiddenValueGems: $BABA +5% in HK today on plans to start charging a basic software service fee of 0.6% on confirmed transactions for vendors on both the Tmall and Taobao.

The company earns the majority of its Taobao and Tmall revenue through customer management fees, which merchants pay to advertise products or better tailor their offerings.

The shift to a percentage-based fee structure makes Alibaba the last major e-commerce platform to do so. PDD started charging merchants a technical service fee of about 0.6%-1% of gross merchandise value since 2020, while https://t.co/fV3WQ0LDyp Inc. and ByteDance both levied a 0.6% fee rate last year.
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⁠Hidden Value Gems
RT @HiddenValueGems: Quote of the day #53

#StockMarket #Investing #Stocks https://t.co/hj1pZZPBcH
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⁠Finding Compounders
An Article on Francis Chou

The Chou Associates Fund has achieved compounded returns of about 16% a year for 24 years . https://t.co/VBHnlwKZ1o
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⁠Librarian Capital
"UK Takeover Panel issues its most serious sanction: a cold shoulder" (FT)

Not parody

"The penalties follow a probe dating back to 2011"

Mgmt. "concealed the fact they had acquired control of (MWB) and then breached a regulation requiring them to make an offer for the group" https://t.co/ybZwqgYiEf
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⁠Brandon Beylo
Great write-up on $GENK from @realLigerCub.

And I'm not just saying that because I own a bunch of $GENK.

Okay, that's part of the reason.

Still worth a read and DYODD.

GEN Restaurant Group, Inc. ($GENK)

Spending the summer in Greece makes it challenging to stay productive. Still, markets keep moving, so it's time for a new write-up. While the company’s current illiquidity prevents most institutional investors from sizing up, this should not persist as the founders can exchange their Class B units (~86.1% economic interest) for Class A common stock in an anti-dilutive manner. As always, this isn't a short-term earnings trade but rather a long-term investment thesis. - Liger Cub
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⁠Brandon Beylo
Heads up guys.

Silver putting in a failed breakdown setup today.

Not to mention it's in a Bull Quiet Regime.

And we had a partial flush in Large Spec longs this past week.

#Silver https://t.co/B2T8Cstmvx
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