🤑247capital #25 | 🎯$HIMS | $DOCN | Ray Dalio 🤑
Follow-Up, Buy of the week | $HIMS, Read of the week | Ray Dalio, Research of the week | $DCON
Hi Everyone 👋,
Welcome to the #25 issue of 247capital — your weekly source of Investment Research. If you are new, you can join my email list here.
The follow-up to former Issues
Below you´ll find the overview of all bought shares since Issue 1 and the current state. Please keep in mind we´re here for the long run. 5-10 years horizon at least.
$TAP - bought at $44.95 - Issue 1
Closed the week at $50.54 (up 12.44%)🔥
$GEO - bought at $5.79 - Issue 7
Closed the week at $8.38 (up 44.73%)🔥
XTRA:DFV - bought at 12.96€ - Issue 8
Closed the week at 14.48€ (up 11.73%)🔥
READ - bought at 39.25SEK - Issue 12+24
Closed the week at 37.02SEK (down 5.68%)❄️
$HIMS - bought at $8.28 - Issue 12+25
Closed the week at $8.37 (up 1.09%)🔥
READ - Great numbers … stock price still a joke 🤡
$GEO - Michael Burry bought 2.500.000 shares of GEO at $7.12.
It seems we are in good company. 😍
🎯Buy of the week | $HIMS
We bought the second tranche on the last day before earnings at $7.71. Since we bought slightly more than the first time, the average price dropped down to $8.28.
Q2 Numbers were quite good:
Q2 2021 revenue grows 69% year-over-year to $60.7 million
Q2 2021 online revenue grows 75% year-over-year to $58.1 million
Exceeds Q2 2021 guidance, raises the full year 2021 expectations
"Our vision for the future is simple. We are building Hims & Hers into the new front door to healthcare. A new front door that will span dozens of medical specialties, welcoming customers of all demographics into a unified consumer platform that looks and feels and talks to them in a way that gives them confidence they’re in the right hands. I believe the majority of healthcare delivery will begin on a platform like ours in the future. For that reason, everything we do is in service of an opportunity that we believe will continue to accelerate and grow over years, both in the US and overseas."
Research of the Week - DigitalOcean Holdings | $DOCN
Citron Research published bullishly on DigitalOcean Holdings (mcap: $5.68 billion), an American cloud infrastructure provider. Citron highlighted that $DCON makes it simple and easy for small and medium-sized businesses to get cloud computing.
“After speaking with former employees, customers, and even the competition, we have found that DigitalOcean’s customer base is even more passionate and evangelical than that of Shopify, which leads us to believe that DigitalOcean will become the dominant SMB cloud provider.”
Some numbers from the recent Q2 earnings call;
GAAP EPS of -$0.02 beats by $0.03.
Revenue of $103.8M (+35% Y/Y) beats by $5.58M.
Sebastian says: The lock-up period expires on 20SEPT2021, so I’ll add $DOCN on my watchlist speculating on a lower entry point. Under $40 should be good for a first position. Currently trading around $52.
Here you’ll find a current and very informative video with the CEO Yancey Spruill 👇🏻
Quote of the Week
"Great growth companies come in endless variety. This is a point that can't be repeated often enough ... Investors who put on blinders and ignore entire categories of companies ... are missing out on some great deals."
- Peter Lynch
Tweets of the week
Read of the Week - Ray Dalio “The changing world order”
Ray Dalio published on his website for free comprehensive analysis of rising and fell of empires from a monetary perspective - Worth reading.
Ray Dalio spent 18 months with world-class experts researching the rise and fall of empires from a monetary supply perspective and how it applies to current conditions with the U.S., particularly the ability to print money to devalue debt. Pretty impressive and insightful, especially pertinent to what's going on today.
Company names of the week - P
This is a list of company names with their name origins explained.
Today's Top 5 letter P:
Pepsi – named from the digestive enzyme pepsin.
Pixar – from pixel and the co-founder's name, Alvy Ray Smith. According to the biography "The Second Coming of Steve Jobs" by Alan Deutschman, the 'el' in pixel was changed to 'ar' because 'ar' is frequently used in Spanish verbs, implying the name means "To Pix" Alternatively, "pixarr" is a common abbreviation for "pixel array," an often-used term in computer graphics programming.
Porsche – car company named after founder Ferdinand Porsche, an Austrian automotive engineer. The family name may have originated in the Czech name "Boreš" (boresh).
Procter & Gamble – named after the founders, William Procter, a candlemaker, and James Gamble, a soapmaker, pooled their resources after marrying two sisters. The company was founded in Cincinnati in 1837.
Psion – UK computer company named by its founder, South Africa-born Dr. David Potter, from Potter Scientific Instruments Or Nothing.
Got Feedback, Questions, or Suggestions? Just Hit Reply; I’d love to hear your comments.
Thanks for reading, and until next Monday,
Sebastian from 247capital