Author: evencio.alvarez14@gmail.com
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My E.G. Services (MYGE): A Digital Government Solutions Provider
My E.G. Services (MYEG) is Malaysia’s leading provider of digital e-government and commercial services, acting as a bridge between government and citizens. The company brings governments into the 21st century offering digital-first solutions to otherwise mundane, out-of-date services. From drivers’ license renewal to worker’s permits and retail tax collection, MYEG allows governments to perform all…
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It’s Time To Short Salesforce.com [DIRTY DOZEN]
“Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes. Speculation is far too exciting. Most people who speculate hound the brokerage offices or receive frequent telephone calls, and after the…
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KKR, MCFT & CLCT/NLAB Saga w/ Yaron Naymark
Yaron Naymark is the founder and portfolio manager of 1 Main Capital. On his website, Yaron “makes concentrated investments in high-quality reasonably valued businesses with long reinvestment runways and in special situations that are experiencing a temporary dislocation or undergoing an element of change that will cause investors to revalue an investment in the near…
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Hextar Global (HEXTAR): A Good Co. / Bad Co. Agrochemical Opportunity
Hextar Global (HEXTAR) engages in the manufacturing, formulation, repackaging, distribution, and agency of agrochemicals in Malaysia and internationally.HEXTAR is a classical good co./bad co. investment idea. The company stumbled out of the gate after IPO’ing in 2009. There are three reasons the business underperformed. First, their products weren’t competitive. Second, they had a weak brand…
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Is the US Dollar Bottoming? [DIRTY DOZEN]
“Bullishness is born as hope in the midst of despair. Hope swells to confidence and confidence swells to euphoria, and the process contains the seed of its own destruction and the birth of its opposite, fear. Fear is nurtured by falling prices and the two feed on themselves until they swell to despair. And so…
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Macro Ops 2020 Annual Portfolio Performance Review
To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride. Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes. ~ George Soros I learned that everyone makes mistakes and has weaknesses…
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Lawrence Hamtil: Six Industries With Durable Moat Advantages
Lawrence Hamtil is a sixteen-year veteran of the financial services industry, having served clients in all aspects of the business during his career, which started in 2002. In 2005, he joined Dennis Wallace of Fortune Financial Services, LLC, becoming, at the time, one of Multi-Financial Securities, Inc’s youngest registered representatives.We spend our time discussing six…
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[3/5] New Fiscal Rules & Stranger Thing Markets
Remember these headlines from a few months ago? This was the consensus hot-take following the March 23rd bottom in the market in response to its rip-roaring recovery. There was an audible “huh…” with plenty of head-scratching from the punditry and investor class. Why would “stocks soar despite coronavirus and a recession”? Clearly, it “didn’t make…
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Top Glove (BVA.SGX): 17% Returns In A Boring Glove Maker
Top Glove (BVA) is the world’s largest manufacturer of nitrile, surgical, and natural rubber gloves. The company cranks out 90B gloves per year and employs 21K people servicing 2,000 customers in 195 countries. The company enjoyed steady double-digit revenue growth and 20%+ gross margins while generating ~20% ROC. The founder/chairman, Lim Wee-Chai owns ~26% of…
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Time To Short Palantir? [DIRTY DOZEN]
“What winning traders share, however, is that they all understand that losing is part of the game, and they all have learned how to lose.” ~ Jim Paul, “What I Learned Losing A Million Dollars” Good morning!In this week’s Dirty Dozen [CHART PACK] we look at increasing trend fragility in the SPX, track the trend…