⁠Capital Employed
Nice write-up from @AltayCapital on Sanko Techno 👇

New Writeup on the 'Stack (Free)

Sanko Techno (TYO 3435) - $60m niche construction materials Co

#1 Domestic player with 40% market share in niche.
Profitable 20 of the last 21 years
13 dividend hikes in 14 years. Policy of not cutting dividends

5 P/E, 3.3% Dividend, 0.5x book https://t.co/7ptVPl5CzV - AltayCap
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⁠Lumida Wealth Management
Dick's Sporting Goods $DKS Q2 2024 Results:

Earnings beat by 13.2%
Revenue beat by 1.17% .
Total revenue increased by 7.8% YoY.
Comparable sales growth of 4.5%.

Read Full Analysis - https://t.co/xnJvxg3AR0
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⁠Hidden Value Gems
Who sells to index trackers? If you think it's active managers, you would be wrong, at least based on the latest study.

For every share bought by index trackers in a specific company, the company itself issues about 0.7 new shares to the market. Others include short sellers, retail investors and corporate insiders.

Active managers are actually also buying (on aggregate) when index funds are buying a stock.
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⁠Librarian Capital
Genus $GNS FY24*

Revenue +2% ex-FX, -3% in £
EBIT incl. JV -9%
EPS -23%
FCF -£3.2m
Net Debt / EBITDA 2.0x

Challenging China market (both PIC and ABS)
But "market conditions stable to slowly improving"
"Significant" PBT growth expected FY25

* Headlines already in 17-Jul update https://t.co/OLyW0zBNn4
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⁠Hidden Value Gems
Quote of the day #80

#investing #StockMarket https://t.co/9J1JvjNG0p
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⁠Hidden Value Gems
FTSE350 is offering 6.5% cash return (£169B on £2.5T mkt cap) made up of £90B divs (ytd), £39B buyback and £38B takeover bids.

$HIK.L $DCC.L and $BATS.L stand out: solid dividend growth over the past 10 years and lagging share prices. https://t.co/EjBAyE1MDg
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⁠Quality Stocks
After the news from Volkswagen $VOW3 seeing a huge slowdown in the coming years, Volvo scales back its outlook 👇

Difficult years to come to the industry

Volvo Car scaled back its outlook, citing growing trade tensions with tariffs hurting some of its models that are made in China https://t.co/uXzxJmuxxK - Bloomberg Markets
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⁠Librarian Capital
PSA: We search for stock tickers on Twitter often

This used to be a good way to find stimulating thoughts, but with Elon Musk it just shows bad content by people who buy subscriptions to bribe the algorithms

So we use the "block" function, a lot
A new wave of blocks is coming
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⁠Stock Analysis Compilation
Baron Capital on GMR Power and Urban Infra Limited $GMRPUI IN

Thesis: GPUIL’s strategic position in India’s power sector and ongoing infrastructure projects make it a key beneficiary of the nation’s energy expansion, promising steady growth

(Extract from their Q2 letter) https://t.co/RgsMua1wts
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