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Dimitry Nakhla | Babylon Capital®
RT @DimitryNakhla: @mike_pandya After yesterday’s drop $NVDA is trading for ~32x 2026 earnings which appears to be fair given 2027 growth estimates
However, those who want to ensure some margin of safety may prefer to consider it closer to $95 - $102
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RT @DimitryNakhla: @mike_pandya After yesterday’s drop $NVDA is trading for ~32x 2026 earnings which appears to be fair given 2027 growth estimates
However, those who want to ensure some margin of safety may prefer to consider it closer to $95 - $102
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Librarian Capital
British American Tobacco $BATS $BTI chart showing US cigarette volume declines in premium segment
The chart seems to be drawing parallels with the Global Financial Crisis in 2008-9 (things are now worse)
Has Cathie Wood been moonlighting as BAT's IR?
(We are long BAT) https://t.co/6v7jCwGKkO
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British American Tobacco $BATS $BTI chart showing US cigarette volume declines in premium segment
The chart seems to be drawing parallels with the Global Financial Crisis in 2008-9 (things are now worse)
Has Cathie Wood been moonlighting as BAT's IR?
(We are long BAT) https://t.co/6v7jCwGKkO
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Capital Employed
81 Q2 letters now added.
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81 Q2 letters now added.
74 Q2 fund manager letters now added. 🖊️
An absolute treasure trove of ideas and insights...
https://t.co/0KI2PTSjEh https://t.co/l0iPUCx2p7 tweet
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Hidden Value Gems
Two interesting facts about the Mid and Small caps:
1️⃣ Their earnings have been flat for the past couple of years.
2️⃣ About 40% of the Russell 2000 universe currently are losing money.
via @yardeni https://t.co/zHI0p0v5q2
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Two interesting facts about the Mid and Small caps:
1️⃣ Their earnings have been flat for the past couple of years.
2️⃣ About 40% of the Russell 2000 universe currently are losing money.
via @yardeni https://t.co/zHI0p0v5q2
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Hidden Value Gems
$BABA +5% in HK today on plans to start charging a basic software service fee of 0.6% on confirmed transactions for vendors on both the Tmall and Taobao.
The company earns the majority of its Taobao and Tmall revenue through customer management fees, which merchants pay to advertise products or better tailor their offerings.
The shift to a percentage-based fee structure makes Alibaba the last major e-commerce platform to do so. PDD started charging merchants a technical service fee of about 0.6%-1% of gross merchandise value since 2020, while https://t.co/fV3WQ0LDyp Inc. and ByteDance both levied a 0.6% fee rate last year.
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$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: Enjoyed the two recent pieces on $WOSG.L
The only obvious risk is the general macro / luxury goods weakness.
1/ Research report by @LlcPlural (35 pages)
2/ Nonsensical Bear Thesis at The Watches of Switzerland Group by @Billhuang1223 https://t.co/5kWDbSlafK
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RT @HiddenValueGems: Enjoyed the two recent pieces on $WOSG.L
The only obvious risk is the general macro / luxury goods weakness.
1/ Research report by @LlcPlural (35 pages)
2/ Nonsensical Bear Thesis at The Watches of Switzerland Group by @Billhuang1223 https://t.co/5kWDbSlafK
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