SJ

Marathon runner, World traveller, Raptors addict, Investor and Technologist all in one.

[Brendan Ahern @ahern_brendan]

$BABA management reiterated $100B in @alibaba_cloud revenue by 2030 versus this quarter's ~$7B. If it happens, @AlibabaGroup balance sheet/net income statement change dramatically. Isn't the FCF and capex short term pain worth the long term gain?

[SJ @SuperShahed]

@AKJay59396046 @AJButton2 Domestic china is funding cloud - low margin business is funding a high margin business which is very sticky. I love it! 😍

[A.J. Button @AJButton2]

ALIBABA EARNINGS:

✅ CLOUD REVENUE ACCELERATES TO 45%
✅ CLOUD EBITA MARGIN INCREASES TO 12%
✅ MANAGEMENT GUIDES FOR CONTINUED ACCELERATION AND MARGIN EXPANSION
❌ NO GROWTH WHATSOEVER IN THE DOMESTIC CHINA COMMERCE BUSINESS APART FROM QUICK SERVICE

$BABA

[SJ @SuperShahed]

@cfrischer1 Exciting times ahead!

[Charles Frischer @cfrischer1]

$KWY I have attached my notes on Kingsway. I think the company is at an inflection point based upon the excellent quarter they just announced. Very excited to see how the next few years play out for shareholders. I am optimistic. $10 per share should be an excellent entry point.

[SJ @SuperShahed]

@KobeissiLetter 🤡

[SJ @SuperShahed]

@ericson4smith Try Qwen!

[A.J. Button @AJButton2]

🚨 ALIBABA'S QWEN BECOMES THE WORLD'S #1 MOST DOWNLOADED OPEN SOURCE AI MODEL, AHEAD OF GOOGLE AND META'S MODELS

$BABA

[SJ @SuperShahed]

@BrownMarubozu Weird. @compoundpapi was asking: Has anyone run a backtest on what the compounded return at Fairfax $FFH.TO would have been if they just indexed to $SPY in their public equities portfolio?

[Brendan Ahern @ahern_brendan]

Be great for $BABA shareholders if @AlibabaGroup used proceeds as a shareholder dividend.

[SJ @SuperShahed]

@BrownMarubozu @search4valueNew Yup - their optionality is incredible!

[SJ @SuperShahed]

@BrownMarubozu @search4valueNew Perfect, we are on the same page. Back to my original response, FFH can repurchase shares in the open market or further unwind the TRS and repurchase the equivalent shares from the CPY.

[SJ @SuperShahed]

@BrownMarubozu @search4valueNew $FFH.TO has two options. 1. repurchase those shares the CPY would sell 2. Not purchase those shares - I thought that’s how a TRS works.

[SJ @SuperShahed]

@BrownMarubozu @search4valueNew 1/ Sorry, I am confused. $FFH.TO bought a TRS on their shares - betting it will go up. The coy will have to buy shares to hedge the bet. $FFH.TO would pay interest + fee for that bet. If FFH wants out, they inform the CPRT and they would unwind the shares they bought.

[Oli @OlivierBib]

RBC $CSU.TO Q2 report. PT of CA$4,500 implies a 20x EV/2027FCF

[SJ @SuperShahed]

@search4valueNew @BrownMarubozu Sorry, I mean unwinding the TRS and repurchasing the shares held by the counterparty? Based on my understanding thats what they did last month? - please confirm!

[SJ @SuperShahed]

@BrownMarubozu Regardless of choice, we are under 20M shares and I love the direction of Teledyne 2.0 :)

[SJ @SuperShahed]

@TidefallCapital 😍

[SJ @SuperShahed]

@AJButton2 Why sell $BN to put it into $BAM - did you perform a SoTP to determine the IV of BN?