Hi Everyone đ,
Welcome to the #41 issue of 247capital â your weekly source of Investment Research. If you are new, you can join my email list here, orđđť
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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.Â
$TAP - bought at $44.95 - Issue 1
Closed the week at $45.75 (up 1.77%)đĽ
đ°$0.34 dividends
$GEO - bought at $5.79 - Issue 7
Closed the week at $7.56 (up 30.56%)đĽ
XTRA:DFV - bought at 12.96âŹÂ - Issue 8
Closed the week at 11.00âŹÂ (down 15.12%)âď¸
READ - bought at 39.25SEK - Issue 12+24
Closed the week at 17.09SEK (down 56.45%)âď¸
$HIMS - bought at $8.28 - Issue 12+25
Closed the week at $5.88 (down 28.98%)âď¸
THG - bought at 373.50pc - Issue 32+36
Closed the week at 178.00 (down 52.34%)âď¸
Depending on the markets this week, we may be considering buying another tranche of $HIMS to lower our average price and accumulate more shares. The reason; see below ;)
Portfolio News of the week
$GEO - Prison Operator GEO Group to End REIT Status.
Weâre looking at whatâs the best use of the companyâs cash flow going forward, where are we going to get the most value for the cash flow that we generate. Is it dividend, is it paying down debt, is it reinvesting in the business, and how much liquidity do we want to have as a company as we move forward, how is the market and how does it moderate?
â Brian Evans, GEO Chief Financial Officer
With that strategic decision, our speculation of a special dividend failed. Long term, this will pay out in the stock price. Unfortunately short-term, there will be no dividends.
$HIMS - Expanding the TAM with toys for couples đ
THG - Vyne's payment solution live on 10 THG brands
Based on Open Banking technology, these integrations will allow consumers to make ecommerce payments directly to the THG brands and retail sites. The brands offering Vyne can bypass card networks and their associated fees, helping to reduce costs and chargebacks, and accelerating cash flow with instant settlement.
Video of the week
When youâre invested in the NOT-MILK company OATLY ($OTLY), and you see the following commercial with your CEO singing ⌠you know youâre screwed đ
But at least the stock charts and his singing skills are matching perfectly đ
Earnings of the week
Quote of the Week
If you must panic, panic early. Be scared when you can, not when you have to.
â Nassim Taleb
Tweets of the week
Picture of the week - đŚ
The Lego Group was founded in 1932. The company's flagship product, Lego, consists of variously colored interlocking plastic bricks, which they began manufacturing in 1949. As of 2021, Lego was the largest toy company in the world. But its first product was a wooden duck.
5 points of the week - From the book â100 to 1 in the stock market.â
Curated by the Big Investor Blog:
Patience is a virtue, have it if you can, seldom found in a woman, rarely in a man.
It is more important to be correct than to be quick.
What one buys in the stock market is 3/4 times more important than believing in the market.
Sometimes some stocks are just âtriumphs of lethargyâ and nothing else. Here foresight has no relevance.
Even if the near-term outlook is bad, just continue to hold on.
Outlook to December
With the Fear & Greed Index having a massive switch again from Extreme Greed to Fear (85->26) compared to last month, letâs hope the blood-bath is over soon.
Thanks for reading, and until next Monday,
Sebastian from 247capitalÂ
