Seivin

🇰🇷 SK investor mainly focused on 🇺🇸 US equities (and more) based in 🇫🇷 France.

[Seivin @QuantOpen]

@InvestingVisual @ftr_investors Valuation

[Seivin @QuantOpen]

@wi5050 @ContrarianCurse IMO, Microsoft's biggest mistake was to all-in on OpenAI and not having a stake in Anthropic.

[Seivin @QuantOpen]

@bruno62814391 @ContrarianCurse I agree with you here. There's ain't no threat to Meta's business in AI. TikTok is still their only biggest threat to this day.

[Seivin @QuantOpen]

$UNH is such an obvious trade/investment right now.

[Seivin @QuantOpen]

$HIMS

$1B valuation after only ~4 years

✅️ Founder-led & ex-VC
✅️ 9.65% stake
✅️ Bought more shares rcntly
✅️ Very strong growth
✅️ Healthy balance sheet
✅️ The CEO is focused on growing the biz agressively. "$20B is a great target, I think we can go above [...]"

[Seivin @QuantOpen]

@KreizJordy Well done mate. I made a x2 in a bit less than 2 years (on 500k). I am happy but still there's room for improvement.

What strategies did you use to get such results?

[Seivin @QuantOpen]

@ValueStockGeek Not sure about the unit economics of YouTube and Twitch though.

[Seivin @QuantOpen]

@RiffRaffInvests @ecommerceshares Thanks for contextualising. It just goes to show that just a great product doesn’t mean a great investment. Esp. at those valuations…

[Seivin @QuantOpen]

@argosyinvestors @CapitalCap1tal This one was very unpredictable I think. Shein just dominated so suddenly.

[Seivin @QuantOpen]

@RedDevi52539977 @SamMeciar We got it right apparently 😂

[Seivin @QuantOpen]

@ZJHoliday https://t.co/WgbceaDJV5

No news, no new filing, just a big investor taking gains I think!

[Seivin @QuantOpen]

@mvcinvesting It's true that EV/Adj. EBITDA could be quite different of an EV/EBITDA valuation but I didn't check out exactly how they reconcile EBITDA & adj. EBITDA.

But yeah I understand your viewpoint. Depending on what CAGR you project over the next 5-10 years, it could be cheap or not.

[Seivin @QuantOpen]

@Drew58298923 I am curious if you have made a valuation on MQ, on what metric do you think it's a deal?

[Seivin @QuantOpen]

@mvcinvesting On what valuation metric do you think it might be overvalued?

[Seivin @QuantOpen]

Summary and thoughts about $HIMS 22Q4 earnings reports.

[Seivin @QuantOpen]

@FinancialFiling @cobracrash Oh sorry misread with Carvana 😂

[Seivin @QuantOpen]

@IrrationalMrkts Will buy aggressively when obvious from a macro perspective I mean*

[Seivin @QuantOpen]

@IrrationalMrkts Mostly in cash currently but using buying power to sell a lot of puts on my top 2 convictions (must be stocks with multi-bagger characteristics or I’ll pass, typically strong revenue growth + low valuation multiples).

Will buy aggressively only when the opportunity is obvious.

[Seivin @QuantOpen]

@cobracrash @FinancialFiling Not in a good way he meant, I guess 😅

[Seivin @QuantOpen]

@RedDevi52539977 @SamMeciar Most likely the stock has more downside than upside potential. I wouldn’t bet on an unprofitable SaaS >16x EV/NTM rev in this unfavourable macroeconomic environment, seems too early. Also how do you value this kind of biz with huge SBC + when dilution will stop? A lot of unknowns