Up North Value

Value and special situation investor with a primary focus on the Canadian market. Tweets are not investment advice.

[Up North Value @upnorthvalue]

@everyonehatesp1 $fora.to FCF machine at a cheap valuation. Monthly active users have stabilized and I think will return to growth in the next few quarters.

[The Wall Street Journal @WSJ]

Breaking: Elon Musk ordered the Starlink slowdown that blindsided Ukraine https://t.co/bbLQBC4sbA

[Up North Value @upnorthvalue]

@zerohedge Not sure I would characterize Canada enforcing a legally binding contract as “punishment”

[Carl Quintanilla @carlquintanilla]

(NYT) — The United States budget deficit approached $2 trillion in the 2026 fiscal year, its highest level since the pandemic ..

@arappeport @nytimes
https://t.co/Q2XC6bpBKY

[David Frum @davidfrum]

Another way to think about Trump announcement today: If he increased US diesel imports from Canada by 4%, he would gain as much fuel as from this Russia deal. But the Canadians are global super-villains, so who wants to buy from them when you could enrich Putin instead?

[torpan @torpan12]

$MDP.TO Grafa $2.3m for Sept-26 (+206% YoY). c.$5.9m for the Q (+16% sequential for the Q). Ixinity & Rasuvo data also looks good for the Q.

adj. seasonality & Grafa is run-rating not far from mgmt. $30-32m FY27 guide. Wonder if we could see potential upside in final FYQ...

[CNBC @CNBC]

Inflation on many everyday items was entirely due to tariffs, NY Fed says https://t.co/G9LMlGZjhy

[Up North Value @upnorthvalue]

@The_Real_Fly 🤮

[Up North Value @upnorthvalue]

@tsxman @inthemoneypod What tenant went bankrupt?

[Up North Value @upnorthvalue]

@ValueNotDeadYet The CEO spoke at the BMO TMT conference on Sept 15th - overall seemed positive to me. Seems they are focused on US division results and reducing debt. Compared to peers their leverage is manageable at <3.2x currently with a target of <3x. Payout ratio is less than 30%.

[Up North Value @upnorthvalue]

@ValueNotDeadYet Down over 13% the past month/20% past three months. Doesn’t seem justified to me. I initiated a position. They have lots of levers to create value (use FCF to reduce debt, sell spectrum, sell US business, initiate share buybacks) $CCA.TO

[Up North Value @upnorthvalue]

$Bami.to Crew Girl already renewed for Season 2, produced by Blue Ant Studios.

[Netflix Canada @Netflix_CA]

CREW GIRL has been renewed for Season 2, girl!

[Up North Value @upnorthvalue]

@USAmbCanada Time for more Canadians to sign this petition for your removal: https://t.co/CKuQilDnJW

[Up North Value @upnorthvalue]

AI licensing progress from conf call looks good “we're in advanced discussions with a major technology company on a new deal that will compensate us... That deal isn't done yet, but we're getting close and we'll provide more information once it's signed” $fora.to

[Up North Value @upnorthvalue]

Great quarter from $FORA.to looks like they are finally turning the corner and returning to growth mode. MAUs finally back over 100 million - for June 30, 2026 increased 14% year-over-year to approximately 103 million.

[Up North Value @upnorthvalue]

@IQ_Micro1968 Why? What are you buying?

[Up North Value @upnorthvalue]

@Pigeonomics Check out Vyn Restaurant, Hotel - stay overnight. Beautiful property.

[Up North Value @upnorthvalue]

$Bami.to

Show is produced by Disney Jr. and Marvel Studios in association with Atomic Cartoons.

[The Wall Street Journal @WSJ]

A preschool cartoon called “Spidey and his Amazing Friends” starts three- and four-year-olds on an escalator of Spider-Man content that leads them to TV shows and movies aimed at grade-schoolers, teenagers and adults.

The strategy should help prime audiences for this week’s new movie “Spider-Man: Brand New Day.”

Read more: 🔗 https://t.co/s2O52OoSfy

[Up North Value @upnorthvalue]

$FORA.TO

[Jesse Landry @JesseDLandry]

Enterprise AI is graduating from demos to deployment.

@altaml_com secured an approximately $6.1M strategic investment from @vertscope through a secured promissory note and warrant structure, as @CoryJanssen, Nicole Janssen, and the team build applied AI systems and agentic workflows through AltaForge for enterprise and government customers.

The clearest validation is often a customer becoming capital: proof that AI value is moving from curiosity to measurable workflow impact.

[Up North Value @upnorthvalue]

@kenningerinvest Verticalscope was a customer of AltaML to deploy AI across the company to drive efficiencies. I view the investment as a positive. Making this investment after seeing the technology in action indicates the partnership/outcomes were successful enough for them to invest in AtlaML.