Deine Liebe

All that you see that lives truly is alive

[L @zeroxpectation]

$ACP.WA Asseco deep dive

"An exceptional biz being sold cheaply because it is listed in Warsaw rather than London, Amsterdam, or New York"

https://t.co/J0WUretoit
credit to: Fides Polonia Capital Management

Will the geographic valuation discount last forever?

$CSU $TOI.V

[Dr Microcap @MicrocapDr]

I see a lot of discussions on what's going on with $RDCM after the wild ride, so here's my take.

Radcom is a small Israeli software company that most people have never heard of. It quietly runs in the background of phone networks, helping carriers catch and fix problems before your calls ever drop. Boring, sticky, mission-critical. This is exactly the kind of infrastructure business that I like.

A couple of weeks ago, a big account on X mentioned it, the crowd piled in, and the stock shot up to ~$17. Then that same crowd got bored, wandered off, and it slid right back to ~$12. But had anything really broken?

I went digging through the actual SEC filings, and there was nothing there. No bad news, no cut to guidance, no insiders heading for the exits. It was just hype inflating and then deflating. The business itself didn't change at all.

Here's what makes it genuinely interesting once you look past the noise. Radcom is sitting on about $108M of cash with zero debt. That's roughly $6.35 a share — call it half the entire share price, just parked in the bank. Strip that cash out and you're paying almost nothing for a company that's profitable and still growing. For years, that pile sat there doing nothing, which is a big reason the stock stayed so cheap.

What changed is the part that matters: activist investors just took control of the board. These are people who want that cash actually put to work — a buyback, a special dividend, or, most interesting of all, selling the whole company. Businesses like this rarely come up, and the few that have sold went for rich prices. I see a material upside from here, and that giant cash cushion limits the downside while we wait.

It's not free money, of course. The company leans heavily on a handful of big customers (one is about half of sales), and there's always the risk the new board blows the cash on a bad acquisition instead of handing it back.

Net: I own a little, and I'd add on a weakness like this.

Huge credit to @FinSkeptic, whose work on Radcom is the best out there — if this interests you, go read him first.

Not investment advice, just me thinking out loud. I own shares and may buy more or sell the position without any warning. Do your own work.

[EliteRockerz 𝕏 @EliteClubS0B]

El Grande Americano just arrived with one of the greatest wrestling entrances of all time for the Mask vs. Mask Match in Mexico.

The biggest babyface in all of Mexico.

PURE GOOSEBUMPS 😭🔥

#AAANochedelosGrandes

[Paul, not a CFA @Investmentideen]

$ACP.WA Asseco Poland reports strong preliminary Q1 2026 results:

• Revenue +8.8% to PLN 4.40bn
• EBITDA +21.9% to PLN 695m
• Operating profit +32.9% to PLN 513m
• Net profit attributable to shareholders +67.6% to PLN 228m

[Barry Schwartz @BarrySchwartzBW]

$CSU says no impact from AI on its customer retention - business as usual. Current narrative is false and has become a distraction for investors.

[Paul, not a CFA @Investmentideen]

Portfolio-Update by size of position:

$ACP.WA
$IMB.AX
$SGN.WA
$SABR
$ASE.WA

I guess, nowadays I am an almost pure $CSU.TO investor.

[Christian Schmidt 🇪🇺 @finance_schmidt]

Die Hälfte der großen deutschen Fintwit Accounts. Zum Glück habe ich primär mit der anderen Hälfte zu tun.

[Deine Liebe @DeineLiebe6]

Mal eben die halbe Finfluencer-Bubble hops genommen😂

[Christian Schmidt 🇪🇺 @finance_schmidt]

@aktien_max …Richtung dein Account geht. Schon Mentoring bei Kolja gebucht?

[Paul, not a CFA @Investmentideen]

$SABR reported a very strong Q1, with shares up ~30% pre-market. Still doing the work on the numbers, but here’s the highlight summary:

• Revenue grew 8% YoY to $760M

• Operating income increased 27% to $116M, with margins expanding from 13% to 15%

• Adjusted EBITDA rose 21% to $159M

• Air distribution bookings grew 6% — the highest growth in more than two years

• Marketplace revenue increased 9%, driven by strong bookings and higher booking fees

• Reaffirmed full-year 2026 guidance for Adjusted EBITDA and Free Cash Flow

• Ended the quarter with $665M in cash

[Paul, not a CFA @Investmentideen]

$ACP.WA is going to pay a 13.05 PLN/share dividend on the 14th of May with pay out on the 22nd.

[C.J. @CJ0pp3l]

Sygnity Q1's since TSS acquired a stake
$SGN.WA $TOI.V $CSU.TO

[Deine Liebe @DeineLiebe6]

@CJ0pp3l Sygnity showing strong numbers under TSS could be a signal for $acp.wa too

[Roshan Rai @RoshanKrRaii]

This is the most iconic video of the day 👏

Newly elected Hungarian 🇭🇺 PM Péter Magyar visits the state broadcaster channel after more than 15 months and schools the anchor like a boss.

“ You boycotted me, abused me , even dragged my children to defame me, you stopped inviting me, the leader of the largest opposition party, it is good to be back here”

Anchor immediately started apologising and pleading.

Pèter responded by saying “ It is okay, I have no personal resentment, it is the system that we need to fix”

What a comeback, What a story, What a man.

[Ramin Nasibov @RaminNasibov]

My dog after eating my philosophy book

[Bogáta Timár @BogataTimar]

okay I guess I have to talk about Péter Magyar here.
Let me just start with saying, in a very unladylike way, that you guys seem to have zero clue what happened in Hungary in the last two years, you completely miss the point, and you're a disappointing bunch.
Let's go.

[Ayesha 🌸 @Ayesha_diaries1]

I have never seen a leader in history as humble as him

[James Stawicki @TYMrMarket]

2 big updates for Topicus $TOI shareholders! 🧵👇

Update 1: Asseco $ACP Dividend. Asseco’s management board just recommended a dividend payment of ~PLN 1,050m (backed by the Supervisory Board).

Why does this matter for Topicus? Let's break it down.

[Joep @joepify]

$ACP.WA with margin improvements across the board! Exactly what you want to see from $TOI.V's playbook.

[Dera II @Neutral_OC]

In 2013, a 3-year-old boy fell down a 49ft well in Romania. Firefighters spent 11 hours trying to get him out but couldn’t. They said it was too narrow and he couldn’t be rescued.

Then a 14-year-old seventh grader, who had just gotten home from school, volunteered to go down. They tied ropes around his waist, lowered him into the well, and he came back up with the little boy.

[Ateeq Afzal @ateeqafzal93]

@QualityInvest5 Sabre