Alexander Eliasson
@alexeliasson
World Wide Stocks.
+61% 2024 Underperformed in Q4. Nevertheless, excited for the year to come. Greetings from Ko Lanta!
Halyk $HSBK acquires 49% of the 馃嚭馃嚳 leading Fintech platform: Click 馃應+5 Million Monthly Active Users 馃彣+70 000 Merchants 馃挸#1 in Digital Payments 馃嚭馃嚳 Country of 35 million transitioning from 馃挼to 馃摫digital payments
For the last 1-year (& 2-years) Halyk $HSBK $hsbk.l has massively outperformed $KSPI. At 2.8x p/e (& +15% dividend) the recent digital transformation isn't priced in whatsoever - and it doesn't take much to continue outperform.
CITI upgrades $TIGR to Buy this morning and makes a rather large revision from $9 to 鉃★笍 $14. They have eps at 0.72 next year which I believe is far to low, so this is probably not the last revision. 馃檭
Tiger Brokers $TIGR 馃惎 Q1: 鈻笍Revenue: +68% 鈻笍Operating Profit: +203% 鈻笍Operating Margin: 38% (猬嗭笍17 p.p.) 鈻笍OPEX-to-Revenue: ATL (and declining) 鈻笍ARPU: +35% 馃搳Trading Volume: +155% 馃應Customers: +24% 馃挿Customer Assets: 40% P/E 12x NTM is probably too cheap. A short 馃У馃憞
Put 9% of my portfolio in 馃嚬馃嚟 on this very tweet. khuen bpai ik tii!! 馃き Looks like it bounced at approx -2.5 SD in a 12 year p/e valuation range. Let's see how far momentum takes us now.
The Thai Stock Exchange is down -24% YTD, trailing several other markets by a delta of 40 percentage points. Starting the year, it already had 2-3 years of underperformance. Brutal valuation-compression! Plenty of explanations. I'm a buyer of quality here.