News & Insights #8

May 10, 2024

∙ Paid

Thusfar, the Founders section contains the following content;

Portfolio; This is intended as an evergreen post (always the most-recent version).
The portfolio is off to a good start this year, up 15%, and sports an almost 5% expected dividend yield, and 4.4% on a 12-month trailing basis.
The HK sub-portfolio is up almost 20%, and its dividend yield is in the high-single-digits.
Index; This is a useful evergreen guide to navigate to key posts and companies on this substack.
Financial analyses; the first models are up and running. To-date, there are spreadsheets on Yum China, DPC Dash (Domino’s China), and the Namibian oil assets for Africa Oil and Sintana Energy.
Exclusive stock idea on a European microcap

Sylogist $SYZ.to may have had a weak 2024Q1, as
Tristan
pointed out.
Just leaving it at that, however, is missing the forest for the trees imo. The new management team has been putting a ton of investments in place to improve the customer proposition…and this seems to be already delivering early results with improved client satisfaction, the first competitor displacements, and strong growth in the order pipeline. Just a matter of time for the P&L to reflect the transformation that is taking place.
Footnote 1 provides more details.
CoreCard #CCRD is a small credit card payment processor famous for processing the Apple card via its customer relationship with Goldman Sachs.
The stock has had a rough time due to Goldman’s intention to exit the credit card business, leading to considerable uncertainty around the majority of CoreCard’s revenues. Investor sentiment had a slight uptick, imo due

Jam_invest