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Hidden Value Gems
So it was Chubb $CB
#BRK purchased 25.9m shares (6% stake) worth $6.6B during the past three quarters. https://t.co/3oDHPYtRbK
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So it was Chubb $CB
#BRK purchased 25.9m shares (6% stake) worth $6.6B during the past three quarters. https://t.co/3oDHPYtRbK
“Currently, Berkshire has requested confidential treatment from the SEC related to the purchase of one or more stocks for the third and fourth quarters of 2023.”
“That stock— Barron’s is assuming it is just one—likely is a financial stock based on disclosures in Berkshire Hathaway’s third-quarter 10-Q and annual report. Barron’s has speculated it could be $BLK $MS or $CB ”
via @barronsonline tweet
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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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