Alexander Herskind

Investor : MSc Business Administration and Commercial Law : Public Procurement Lawyer

[Alexander Herskind @Weilcep]

@RiotFeralPony @RiotMeddler @RiotPabro That’s true! Heck, I think a lot of people (myself included) would buy the splash arts!

[Alexander Herskind @Weilcep]

@LeagueOfLegends I just want to be able to buy classic skins for modern league. Give me old Katarina (2012), Ahri as skins. Traditional skins of all champs would sell like hotcakes and fund this entire shabang!

[Alexander Herskind @Weilcep]

@drewlevin Hey Drew, could you pass along a note in a cool font to the skin team saying “pirate akshan wen?”. I think that’d be really cool.
Oh, and have a nice vacay!

[Alexander Herskind @Weilcep]

@steipete @IamAdiG One question though, does this require a subscription to claude/open.ai or something? Or can I just run it?

[Alexander Herskind @Weilcep]

@drewlevin Look into Remorasham #Euw - not the first time this level 41 player has griefed a lobby in the new system, with the likes of AD syndra jungle with smite/tp and nami jungle with smite/tp as well. Could be a training case for the system to detect

[Alexander Herskind @Weilcep]

@drewlevin Yo Drew, been loving your influence on the gane recently so much that yesterday I was putting my faith in the new system when I got a nami jungle with tp smite. We all reported her for hostaje taking but alas, the game didn’t end and she proceeded to run into every lane and die

[Alexander Herskind @Weilcep]

@wickJKR Now work some magic on Akshan😭

[Alexander Herskind @Weilcep]

@CestDommage Can we do something so we’re able to use the old splash arts? Gosh I miss old Kat/Ahri splashes

[Alexander Herskind @Weilcep]

@drewlevin Hey @drewlevin I had 3 accounts compromised 10 years ago that you guys just helped me recover! Am I looking into a ban on those accounts now that I’m suddenly playing on those again?

[Alexander Herskind @Weilcep]

@drewlevin Hey Drew, I have 3 accounts that I just recovered from hackers many years ago thanks to you guys. One of the accounts have been player on by (I suppose) the buyer of that account for some years now. Will these accounts be targeted since they could look like bought accounts?

[Alexander Herskind @Weilcep]

@Arcfunmi There is one in the Danish parlament

[Alexander Herskind @Weilcep]

@MarcMerrill It’s so good! Just in time for patch 8 so you can do it again! What was your comp?

[Alexander Herskind @Weilcep]

@LeagueOfLegends @RiotPabro @RiotMeddler So you introduced chests as a reward for time spent playing - what reward is that now? Do you not want to reward players for playing the game anymore?

[Investing Whisperer @OilandGasInvest]

$BEW --one of my Top 3 right now. High growth and profits!

This morning, BeWhere announced a great quarter, a record quarter, but the stock is down on big volume.
How does that happen?
The release and the MD&A were short on colour; details of the biz; nuances—it was hard to determine what the business will look like in 6-9 months—which is what the stock tells us today (and everyday).

Here are the numbers:

⭐️Total Revenue up 64% YoY; $5,030,356 vs $3,075,102

⭐️Recurring Revenue up 33% YoY-$1,717,274 vs $1,286,885

⭐️Operating income up 57% YoY–$532,660 vs $339,246

⭐️Working cap/Cash-in-hand–$7,252,145 vs $4,810,367.

⭐️AEBITDA was $665,450 vs $494,718

Now, the gross margin was down substantially—but for all the right reasons! Hardware sales hit a record; they shipped a record 35,000 units this quarter, about half of that to UPS. Their previous best quarter was less than 25K units.

Recurring revenue is 85-90% margin, but hardware is MUCH lower—sometimes it’s only single digits, depending on the order.
Whenever hardware is such a huge component of sales, margins will by definition be lower—but that also sets the company up for much larger recurring revenue.

Example—there was ZERO of the new 16,000 unit order to UPS in the recurring revenue this quarter—which was up $100K QoQ. That order alone adds $140,000 in quarterly recurring revenue, and most of that (but not all) will show up in Q4.

Recurring revenue for this quarter was $1.717 million—and think that the business costs, all-in, per quarter roughly $950K to run. So they are $800K to the good every quarter, no matter what. And that will go up to at least $1.85 million next quarter on UPS alone.

That’s why there is no Street research on this name—they will likely never need to raise money again. The Street can’t make money on this stock.

Also, deferred liabilities on the balance sheet jumped to $460,000—but that is just the UPS recurring revenue which will get put into real revenue in the coming quarters.

Crazy as it is – the way accounting works, the lower the margin and higher the deferred revenue liability is for BeWhere, the better the business is doing! More hardware sold means higher recurring revenue coming! Same goes for deferred liabilities. Super high profit margins would mean no growth.

Mgmt issued ZERO news in t he quarter--highly unusual--but there was lots of small to medium sized orders besides UPS.
If this team gets a little more serious about their PR/IR, the kind of drop in the stock we saw this morning won't happen again.
$BEW truly is a disruptor in the industry on cost. I still think BeWhere can be a big compounder over the coming years.
They are allowed to buy a big chunk of stock back with the NCIB but to me that’s not a great use of capital unless the situation gets silly .

They grew 60%+ this quarter, YoY, but that won’t continue, mgmt said. But they do expect 20-30% growth in the coming quarters, which on a continually rising base, is great news.

On the technology / R&D front, they have developed a 4G/LTE low power product for the areas of Asia and South America that don't have 5G. A whole new area for their products!

This is a mini-Blackline $BLN.TO but more profitable.

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[Alexander Herskind @Weilcep]

@NoIntentToFail What do you mean S1?

[Alexander Herskind @Weilcep]

@xMoTrades @alpine4holdings Who’s this from??

[Alexander Herskind @Weilcep]

Hoping we as shareholders see our multiplier returned to us - either in the form of a forward split or as compensation through GAC shares, with the reversesplit ratio applied, so that ALPP shareholders would recieve 8x GAC to ALPP shares held. Would create shareholdervalue $ALPP

[Alexander Herskind @Weilcep]

@funnguy77 @Vandros879 @peej617 @AFA_naptime I know it’s all proportional, but if share prices get blown up, no matter the OS, people won’t be buying. When/if we reach the 100’s, small float or not, selling will happen before the same impact as pre split has been had