Offshore
Photo
Librarian Capital
~1 year on, this bullish view on Cognac back in Sep-23 was clearly wrong; but Tequila has also done badly
Rémy Cointreau $RCO -35% ($, OTC)
Becle SAB $CUREVO -26% ($, ADR)
Brown-Forman $BF.B -15%
Diageo $DEO -5% https://t.co/K46FxKaCSf
tweet
~1 year on, this bullish view on Cognac back in Sep-23 was clearly wrong; but Tequila has also done badly
Rémy Cointreau $RCO -35% ($, OTC)
Becle SAB $CUREVO -26% ($, ADR)
Brown-Forman $BF.B -15%
Diageo $DEO -5% https://t.co/K46FxKaCSf
"Rémy Cointreau: Top Spirits Franchise, Back to Jul-20 Levels"
$RCO -17% since May-23
Sales -35% in FY24Q1, due to PY inventories
Growth to improve progressively in FY24
Outlook implies flat EBIT ex-FX, 24.5x P/E
We see 55% return (19% p.a.). Buy
Link via profile / pinned tweet https://t.co/TQYOJvwzKv tweet
Offshore
Photo
Capital Employed
RT @capitalemployed: Buffett’s Two Rules of Investing…
Rule No. 1: Never lose money. 💸
Rule No. 2: Subscribe to the Capital Employed Newsletter. 👉
https://t.co/jEccgMxHme
tweet
RT @capitalemployed: Buffett’s Two Rules of Investing…
Rule No. 1: Never lose money. 💸
Rule No. 2: Subscribe to the Capital Employed Newsletter. 👉
https://t.co/jEccgMxHme
tweet
Offshore
Video
Value Spotlight (Andrew Sather)
RT @ValueSpotlight: The Next Step: ROIC to estimate future Growth Rate (Tutorial):
$COST https://t.co/z55GnlCfg9
tweet
RT @ValueSpotlight: The Next Step: ROIC to estimate future Growth Rate (Tutorial):
$COST https://t.co/z55GnlCfg9
tweet
Offshore
Photo
Hidden Value Gems
A short thesis on $BRK.B at Value Investors Club.
I think it misses Capital Allocation and Reinsurance operations, but it is fair that Geico has been underperforming. Haven’t followed BNSF that closely recently.
h/t @WhitneyTilson
tweet
A short thesis on $BRK.B at Value Investors Club.
I think it misses Capital Allocation and Reinsurance operations, but it is fair that Geico has been underperforming. Haven’t followed BNSF that closely recently.
h/t @WhitneyTilson
tweet
Offshore
Photo
Stock Analysis Compilation
Bilbel Capital on Intellego Technologies $INT SS
Thesis: INT offers significant value with its long-term contracts and rapid growth, presenting an opportunity for strong returns at a low valuation multiple
(Extract from their Q2 letter, link to the full analysis in SAC#57) https://t.co/ggQZRoud8D
tweet
Bilbel Capital on Intellego Technologies $INT SS
Thesis: INT offers significant value with its long-term contracts and rapid growth, presenting an opportunity for strong returns at a low valuation multiple
(Extract from their Q2 letter, link to the full analysis in SAC#57) https://t.co/ggQZRoud8D
tweet
Offshore
Photo
Hidden Value Gems
Imagine Ajit Jain (who sold half of his stake in BRK) and arm504 (the author of the short idea on BRK) are somehow related 😃
tweet
Imagine Ajit Jain (who sold half of his stake in BRK) and arm504 (the author of the short idea on BRK) are somehow related 😃
A short thesis on $BRK.B at Value Investors Club.
I think it misses Capital Allocation and Reinsurance operations, but it is fair that Geico has been underperforming. Haven’t followed BNSF that closely recently.
h/t @WhitneyTilson tweet