Westwood

I like buybacks and I cannot lie.

[Westwood @westwoodcap]

@kab604 Don't sell yourself short. The auto-retailers will play out in the US. Esp with those faithfully buying back shares like $AN and $ABG.

[Westwood @westwoodcap]

@kab604 615 is a very good bid imo, I sold in the 500s because I was not sure the stock was going anywhere. Sometimes you can have wonderful fundamentals and the stock goes nowhere (which is often the case with LSE stocks).

[Westwood @westwoodcap]

@BeijingDai No one cares about what you think or have to say. Stay in your lane.

[Westwood @westwoodcap]

@Bloodlust_M That looks more like bangcuck

[Westwood @westwoodcap]

@stellachenyl @rulesofchinese LOL I think save your wise words for your own country, which is attempting to charge a bumiputera charge on tuition fees.

[Westwood @westwoodcap]

@orrdavid Those investors who say this is cheap are in for a rude awakening. Cheap can get cheaper, especially if fundamentals decline. LULU is facing some stiff competition out there.

[Westwood @westwoodcap]

@KemonomichiNL I am bad at Engrish but I sure know what ‘free Palestine’ means!!!

[Westwood @westwoodcap]

There are risks. The tide of retail turns quickly and selling shoes is a competitive business.

But $DECK has executed well over past few years. They are also committed to share repurchase, and they have a good track record of share repurchase.

Part 2

[Westwood @westwoodcap]

Started buying $DECK . Costs around $11.5 bn.

Growing top and bottom line, debt-free and with approx 2 bn of cash. $4.7 bn left on repurchase mandate (~40% of market cap). Company's EPS guidance assumes repurchases of an amount equivalent to at least 80% of FCF. (Part 1)

[Westwood @westwoodcap]

@taobanker My estimation of fair value: assuming discount rate of 8%, and 0% growth with 3-4% buybacks for the next 5 years, is approximately $100-110. No growth has been built in at these prices. If $DECK continues to buyback at a greater pace-which it should-it will take off.

[Westwood @westwoodcap]

@qquinnsworth Try this: Chai-na

[Westwood @westwoodcap]

@TheAnalystGrp Sounds like AI shlop "Both numbers are true. The gap is the story". Smells like GPT.

[Westwood @westwoodcap]

@pandawatch88 The buybacks were far from sufficient and the business suffered from operational malaise.

[Buyback Capital @Larryjamieson_]

When you land in Singapore they announce on the plane that they will kill you if they find drugs in your bags.

Seems to be pretty effective.

[Westwood @westwoodcap]

@F_Compounders Buybacks and reasonable valuation.

[Westwood @westwoodcap]

@Monolith_Cap i usually agree with your analysis on companies, but this is wrong. It was a small buyback. Just because SKHY didn’t rise that much is not an indication that the AI trade is in trouble. Memory is still a bottleneck.

[Westwood @westwoodcap]

@kab604 You know I like $AN, but I've recently also taken an interest in $ABG because of the shift in its capital allocation policy.

[Westwood @westwoodcap]

@jimcramer Bro don’t jinx it please talk shit about NVDA instead so we can all buy on the cheap🙏🏼🙏🏼🙏🏼

[Westwood @westwoodcap]

@kab604 Please send it to me if you have it 🙏🏼