Baltic Capital Investments

On a mission to find investable Baltic PubCos | Si tacuisses, philosophus mansisses

[Baltic Capital Investments @OMXBB_Explorer]

If a company is truly great, paying dividends is almost a crime against shareh. When a company generates 20%+ ROIC the last thing you want to do is to take the capital out

It’s striking that so many Baltic retail investors and even PubCo managments are obsessed with dividends 🙈

[Baltic Capital Investments @OMXBB_Explorer]

@KasparsKas Tikai tagad pamanīju q2. Viss paliek tāpat vai kļūst sliktāk - tas related pieaudzis līdz 17mio (uzzīmēja kvartāla peļņu pa nullēm, citādi būtu 2 mio zāģis: tāpat kā q1), naudas paliek mazāk, laiks aiztek

Tikai 1 jautājums: kurš, kā un kāpēc samaksās 17 miljonus Rīgas uzņēmumam?

[Baltic Capital Investments @OMXBB_Explorer]

@KasparsKas Ja tie 15mio nerealizējas ļoti, ļoti drīz, tad varēsi taisīt jaunu video, ka Storent izlaiž jaunu bondu emisiju! Vai arī jāsāk samazināt aktīvi - tur dažus mio varēs salasīt.

Bet Storent ir sarkanais karogs pēc sarkanā karoga... Investīcijas tēze - Andris izvilks 🙂

[Baltic Capital Investments @OMXBB_Explorer]

“Many folks think they aren't good at earning money, when what they don't know is how to use it”

Frank A. Clark about a century ago 🙂

Still true regardless of occupation. Baltic C-suite are as bad as this as your average civil service worker. The only difference is confidence.

[Baltic Capital Investments @OMXBB_Explorer]

@BalticInvestor 11% gross margin that has shrunk 500bps? They look like resellers who lost control, not manufacturers.

This company appears un-forecastable, sorry 🙂

[Baltic Capital Investments @OMXBB_Explorer]

As expected. Some further pressure on $SPCX price from failed profit seekers also to come.

This is why you don’t include tickers in indices on launch no matter how large the companies are - it takes time for the market to filter noise and complete price discovery.

[Baltic Capital Investments @OMXBB_Explorer]

That was a rather quick correction… 😂

The market doesn’t seem to be taking Iran’s crisis seriously. I wonder what would it take for enough participants to have the “uh-oh” moment.

[Baltic Capital Investments @OMXBB_Explorer]

I’m certainly no fan of this US administration, but to make a big fuss out of a 1.5% pre-market drop is ridiculous.

Who cares (other than a few overleveraged funds)? Doesn’t even register on a graph longer than a few weeks.

[Baltic Capital Investments @OMXBB_Explorer]

Passing-by comment on Virsi-A: probably a great company to work for. But not to own it 🙂

Also running out of the capacity to borrow (and ‘grow’). Asset reval was a cool way to boost equity (well done), but it can carry you only so much. Op margin must improve.

[Baltic Capital Investments @OMXBB_Explorer]

Today’s LLM AI is optimized for story-telling regardless of context or facts, as long as the story “probabilistically” fits the prompters POV.

And this is not going to help with general intelligence and critical thinking. Same principle as “suggested videos” but on steroids.

[Baltic Capital Investments @OMXBB_Explorer]

Here’s my issue with today’s AI: humans are suckers for a story. We’ll buy ANY plausible story if it feeds our egos or reinforce our biases.

[Baltic Capital Investments @OMXBB_Explorer]

And here I was thinking the CEO of #BigBank Martin Länts was doing very well indeed. 😂

@DsHollers

[Baltic Capital Investments @OMXBB_Explorer]

@BalticInvestor Apranga is one of the better publicly traded Baltic businesses. Not the example for good corporate governance, but somehow it works 🤷‍♂️

Congratulations!

[Baltic Capital Investments @OMXBB_Explorer]

(10/10)
In the short term, 𝐫𝐢𝐬𝐤 = 𝐯𝐨𝐥𝐚𝐭𝐢𝐥𝐢𝐭𝐲.
In the long term, 𝐫𝐢𝐬𝐤 = 𝐢𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧.

Ask yourself:

“Am I protecting my principal — or my purchasing power?”

Don’t confuse the two: risk assessment, loss prevention and expected returns will be miles apart.

[Baltic Capital Investments @OMXBB_Explorer]

(1/11)
𝐏𝐞𝐨𝐩𝐥𝐞 𝐨𝐟𝐭𝐞𝐧 𝐬𝐚𝐲 𝐬𝐭𝐨𝐜𝐤𝐬 𝐚𝐫𝐞 𝐫𝐢𝐬𝐤𝐲 𝐚𝐧𝐝 𝐛𝐨𝐧𝐝𝐬 𝐚𝐫𝐞 𝐬𝐚𝐟𝐞.

Let’s dive in 🧵

[Baltic Capital Investments @OMXBB_Explorer]

(10/11)
For a value investor, quality of the underlying (company’s ability to generate profits in the future) AND THE ENTRY POINT (how much you pay for those future earnings) means everything.