Concret Capital

MAISON CONCRET CAPITAL | @MaisonConcretCp

[Concret Capital @ConcretCapital]

" Global uncertainty is here to stay. "
–––– 2026 GLOBAL MAPPING
–– Bilderberg blueprint |

· CALENDAR –– KEY DATES :
- USA  :
| POWELL REPLACEMENT : MAY 2026
| MIDTERM ELECTIONS  : NOV. 2026
- USA – CN :
| TRADE DEAL PAUSE : NOV. 2026

· GeoPol. :
- GLOBAL PROTECTIONISM – MODE | GLOBAL SHIFT ––
- CN – OFFENCE 2026 :
| Trade war
| Taiwan
- EUROPE – END OF CYCLE AND SCHEDULED COLLAPSE

· SpacePol. :
- ARTIC – DEV.
- SPACE – MILITARY DEV.

· TechPol. :
- R.E.E. –– War
- SATELLITES : DATA Terrestrial Verticality
- ROBOTS :
| Taxi-driver
| Humanoid robots
- HEALTH :
| Genomics
| GLP-1 –– Focus
- LUXURY INDUSTRY –– MOMENTUM

· GeoPol. <-> TechPol. ––
· EntertainmentPol. 2026 = (Sport+VideoGames) : Panem et circenses ––

Essentially, a total exacerbation of an end of cycle and global paradigm shift ––––

[Concret Capital @ConcretCapital]

@dragonrbrn Europe

[Concret Capital @ConcretCapital]

Some placed tracker on a car I was driving. Planned for months.
They waited until I was leaving for my 10 mins RSVP to steal what I'd hidden under a seat ; my mac.

They didn't want it but the datas and infos on me.
0 damage, 0 forced and they knew exactly what to look for and fast.
A real pro job.

If I ever find it in the coming months, it’s 2 CZ bullets in each leg and theirs family extorted.

[Concret Capital @ConcretCapital]

Already talking about it w/ the one and only supercars garage in Paris known worldwide ( back when Virgil was in Paris and alive, RIP ).

In fact, Kanye was the first to feel the kid, everyone was laughing at him.
( as always )

[Concret Capital @ConcretCapital]

" This going to be your second house "

QC — Coach K & Pee invested heavily in him at 18 yo w/ their own money ( millions ) and even went to his mother’s house to convince him to sign.
They believed in him.

21–22 yo multi-millionaire — crib paid cash.

Only in the US.
In EU, ppl get treated like shit, they’re never given a chance and ppl fight over a €50 note wage+ wtf.

Shitty mental’ pfff —

[Slime🐍 @ItsKingSlime]

Shannon Sharpe was SHOOK after Lil Yachty revealed that he BLEW his entire first big check of $1.3 Million in just 1 week 🤯💰💀

I went straight to Mercedes… G-Wagon, Range Rover, Penthouse, Grandma needs a car, Gucci. I need everything in this b*tch, every color” 🤣

[Concret Capital @ConcretCapital]

https://t.co/wjC83tAypO

[zerohedge @zerohedge]

*FED SEEKS DETAILS ON US BANKS’ EXPOSURE TO PRIVATE CREDIT FIRMS

just in time for CDS

[Concret Capital @ConcretCapital]

A problem won't come from a war or anything like that ; but from a liquidity crisis.

Many things are illiquid.
( dedicated mutual funds, private equity, paper commodities … )

[Concret Capital @ConcretCapital]

One of the biggest news of this week while the whole world is looking elsewhere.

Disruption mode —

[Nikkei Asia @NikkeiAsia]

Good morning, America. This was our most read story while you were sleeping.

Xi Jinping meets new face of Taiwan's opposition as US and Japan watch
https://t.co/DVSuDY0mCK

[Concret Capital @ConcretCapital]

I will never forget when the judge begged him to lower the price of one of the medications for a disease affecting a ton of americans and he refused w/ pride.
( IP held ; he had increased to several hundred $ / dose )

Cause’ of this pride that they attacked him.

[Concret Capital @ConcretCapital]

3 secs and I closed this AI-clickbait.
( fake, btw )

You don't use it like that and you almost never do.

I could even drive w/ a green "K" or even "CD" plate ; but I don't want to have to justify myself from A to Z ( already had an issue w/ the Quai d'Orsay )

[GP Q @argosaki]

DIPLOMATIC PASSPORT⁉️
SO, YOU WANT ONE⁉️
WATCH TO FIND OUT HOW, WHERE &amp; THE BENEFITS THEREAFTER…

[Concret Capital @ConcretCapital]

https://t.co/Y3skJaiy9E

[Eric Balchunas @EricBalchunas]

The Memory ETF $DRAM keeps growing volume, now $1b in its first week, outside of IBIT &amp; Co, it's the most successful launch in years. Came out of left field too, I def didn't see this coming. I'm still not sure what the hell is going on.

[Concret Capital @ConcretCapital]

MASHUP ––

· GeoPol. :
- Energy Protection Mapping Mode
| US – N+S America : Reconfiguration ;
| US – Iran | OIL : Prod. & API° : 3x > Venezuela ;
| NATO – Collapsing : US Withdraw .

· [ RAM & HBM ] – Shortage :
- HBM quotes > DRAM ;
- SK Hynix : US Stock market – Listing ;
- Micron Technology | $MU : Bull perf' .

[Concret Capital @ConcretCapital]

[ SK Hynix ]

[Jukan @jukan05]

UBS: SK Hynix

Significant profit uplift potential - PT to Won1m

We forecast 82% DRAM OPM by 4Q26
The memory semis industry is in the midst of an unprecedented upcycle. By 4Q26, we now forecast SK Hynix DDR ASPs to be a whisker away from the 3Q18 peak at US$0.97 per Gb. With an upcycle of that magnitude, we believe conventional memory, especially DDR (52% of 4Q25E revs.), will likely be the key profit driver in 2026 and 2027. We forecast DDR operating profit to increase 2.9x YoY in 2026 and account for 67% of total, with operating margin reaching 82% by 4Q26. We also expect SK Hynix to continue to strongly benefit from AI compute semis growth, due to its HBM leadership position (UBSe 56% bit market share in 2026). We note that in its recently published "2026 Market Outlook" (5 Jan 2026; link), SK Hynix referenced UBS research assessing that it will ship first to Google for TPU7e/7p, and will likely secure c70% share for HBM4 at Nvidia (Rubin) in 2026. All in all, we forecast SK Hynix to generate Won75trn in FCF in 2026, and Won98trn in 2027. We forecast its book value per share to grow 104% YoY from end 2025 to 2027. At 2.23x NTM (to March 2027E) book, SK Hynix shares should continue to re-rate to reflect longer-term economics which have fundamentally shifted.

Strong uplift to DDR and NAND contract pricing in 1Q26E and beyond
Our industry checks indicate very strong contract pricing for 1Q26E, especially DDR. We forecast SK Hynix DDR contract pricing to rise 60% QoQ in 1Q26 (was +30%), with server DDR up 65%, and Mobile DDR up 60%. We forecast NAND contract ASPs up 27% QoQ. Our checks also show strong confidence in positive momentum carrying into 2Q26E and beyond, in particular for DDR. We continue to forecast DDR contract pricing to increase til 1Q27, and NAND til 3Q26. This leads us to forecast SK Hynix DRAM operating margin to reach 77% by 4Q26, well above the prior peak of 65% in 3Q18.

Significantly upping estimates, increasing 2026E capex
We increase our 4Q25E OP to Won18.2trn, 12% above VA consensus of Won16.2trn, on the back of higher DRAM ASPs (+21% QoQ vs. 20% prior), NAND (+30% vs. +20%), and NAND bit shipments (+11% vs. +4%). We increase our 2026E OP by 211% to Won150.2trn, 52% above consensus of Won99trn, and 2027E by 19% to Won157.8trn, 29% above consensus of Won122.3trn. These changes lead us to raise 2026E/27E EPS by 21%, on the back of raised DDR and NAND flash contract pricing forecasts. We also increase our 2026 capex forecast to Won38trn from Won35trn.

Valuation: Raise PT from Won853,000 to Won1,000,000 - Key Call Buy
We value SK Hynix shares at 3.00x NTM (to March 2027E) book (was 2.99x) based on our 2026-30 LT ROE forecast of 34.3% (was 33.7%) and CoE of 11.5% (was 11.3%). Our revised price target also reflects our increased book value per share forecast.

[Concret Capital @ConcretCapital]

So desperate not to lose face that you're talking about Pakistanis.

US has just lost the war
>
Loss of US influence in the M-E
( betrayal and the Arabs don't like that at all )
>
USD weakening
>
Trump is finished
>
Israel, in the midst of an *underground* expansion OP — will have to sabotage the ceasefire
>
High probability that something will happen during the ceasefire

[zerohedge @zerohedge]

TRUMP DECLARES TWO-WEEK CEASEFIRE: US WILL SUSPEND BOMBING AND ATTACK ON IRAN FOR TWO WEEKS, WHILE IRAN WILL AGREE TO IMMEDIATE OPENING OF THE STRAIT OF HORMUZ

[Concret Capital @ConcretCapital]

Tu peux t’enrichir en FR.
C’est pas la bonne formule à display en chart.
Il faudrait voir : par nw — le temps. l’énergie et la logistique à déployer pour banker €1 et voir si t’es prêt à payer le prix.

S’enrichir en FR ça demande :
- Du cash clear | Du cash non-clear | Une structure financière-perso’ solide | Une compréhension parfaite et à jour de l’ensemble de la réglementation ( pour exploiter chaque angle à mort ) — une veille continu Legifrance et suivi des trends | Faire un calendar pluriannuel d’optimisation de tes entrées et sorties. | Une équipe (juridique+fiscale) solide avec backing sur chacun de tes mouvements pour a) ne plus jamais retomber b/ optimiser c/ anticiper l’avenir | Developer de gros streams | De la discipline.
—> flécher+optimiser chaque ressource au maximum

En soi ça demande ; un cerveau, des couilles, énormément de temps et d’énergie, énormément de sacrifices | Peu de sommeil ( quitte a finir en début d’AVC à peine la vingtaine- je sais de quoi je parle ) sans aucun résultat garanti.
C’est ingrat mais pas le choix.

Les gens ils veulent leur paquet de clope quotidien, les restau+les boites hebdomadaires, s’habiller comme un HNWI, partir en vacances 2x / an, prendre 0 risque, en étant dans le salariat à même pas €2-3k / mois et vouloir s’en sortir pffff du rêve total.
( et avec les "ingénieurs" en guise de populas qu’il y a dans ce pays :))) )

Quasi-personne signe pour ce playbook, donc quasi-tout le monde crache sa haine sur ceux pouvant utiliser et dompter l’intégralité des outils.
C’est un miroir. Ils crachent sur eux-mêmes.

/
— apparu dans mon feed "dsl" du pavé mais ça me met hors de moi quand je lis ça.
—— sans aucune animosité.

[Concret Capital @ConcretCapital]

https://t.co/Xrp6JbyNXk

[Illiquid Nico 🇨🇭🇬🇷 @NicoGladia]

BDC redemptions tracker:

[Concret Capital @ConcretCapital]

Perhaps a blank year this year.
The best possible pos. is to be fully liquid cash.

[Concret Capital @ConcretCapital]

A problem won't come from a war or anything like that ; but from a liquidity crisis.

Many things are illiquid.
( dedicated mutual funds, private equity, paper commodities … )

[Concret Capital @ConcretCapital]

https://t.co/kSaWLK0xPL

[zerohedge @zerohedge]

Private Credit Bank Run Begins: Blue Owl Gates After Shocking 41% Of OTIC Investors Ask For Their Money

https://t.co/EcV5ZAWISW

[Concret Capital @ConcretCapital]

So now the G.I.A. will issue certificates for moissanite or zircon ? :)

Joking aside ; even SI diamond is untouchable.

Wait Anvers cannibalizes the lab market.

Buying diamond lab is like buying a Birkin w/ Von Holzhausen synthetic "leather".

( & the hypocrisy behind the "ethical" causes )

[Concret Capital @ConcretCapital]

One of the topics that seems to have been most „sanitized„ on the open internet.

OK, go on the other computer w/ the deep web infra.

[Concret Capital @ConcretCapital]

• Directed-Energy Weapon — DEW :

( laser, beams, waves & sonic (( LaWS, HEL, HPM, USW, LRAD )) )

There are absolutely 0 substantial resources on a real topic that has been open for 40 y !

Apart from a few basic academic resources, there’s nothing very detailed on the open internet.

It was used during Maduro's "extradition".
But I wonder what they really have and the true extent of this power.

[Concret Capital @ConcretCapital]

You have a woman who supported ( caried ) a man and a household while the man was building a business w/ a very high probability of failure, earning 0 cent for years and years.
vs.
.. this … . No comment.
The eyes are very dark.

MacKenzie deserves all her billions.
Real woman.

[Rebekah Jones @GeoRebekah]

Men think this is an improvement.

MacKenzie Scott, Princeton graduate, writing novels at age six, studied under Toni Morrison, founded Amazon, and one of the biggest philanthropists in the history of humanity.
Versus.. whatever the fuck this is.

[Concret Capital @ConcretCapital]

@KobeissiLetter dixit
the guy who has hara-kiried industry, his country and his ppl and who urgently wanted to negotiate w/ the russians at the very beginning of 2026 while capping electricity prices for industry.

EU is dead and on life support.

[Concret Capital @ConcretCapital]

@AniceLajnef "Kama tudin tudan"
— extrapolation et extension