News & Insights #9

Upcoming experts post *** Petrobras CEOs vs a lettuce *** another oil find for Sintana *** Am I wrong on $DDRIL.ol? *** and more

Coming soon…

I am very proud and honored to announce a collaboration with the China/HK investors I have been following most closely, and who have taught me most. In the upcoming HK 第部分 post, they will each share relevant experiences, insights and/or stock ideas.

Do subscribe if you want to receive it.

Founders

Thusfar, the Founders section contains the following content;

• Portfolio; This is intended as an evergreen post (always the most-recent version).

  On May 13th, I published the last portfolio changes👇

• 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

Links & references

• Petrobras #PBR.A; another CEO bites the dust. Remember how everyone started to bet whether Liz Truss’ term as British PM would outlast a lettuce? Well similar bets could be made for CEOs at PBR. Jean Paul Prates was the 7th CEO since 2019.

  

  I like

  Chapman Scarborough
  ‘s take on it;

  Frankly - the CEO of PBR (probably) doesn't really matter. For example: Prates wanted to do some Pinwheels for Adults (wind turbines), and the line staff, who are all oil people, thought that was stupid and basically stopped it for the most part through delays for endless studies and reviews.

  You have MME who says "Lower fuel prices" - the CEO goes to the Line Staff: the accountants and finance departments respond with "Well, ok, but we can't afford all this capex then". The CEO responds with "well just cut the dividend?". Then the minister of finance sends memo over "what can we expect for royalties, taxes, and dividends next quarter".

  Just enjoy the telenova. Buy low, and enjoy the dividends.. because they will still be paid, because Petrobras has to make money, and this crazy soap opera is many things, but the production cannot be canceled.

• Sintana Energy $SEI.v; My compliments to

  Name
  and
  Another oil and gas tourist
  on yet another excellent post. It provides a ton of extra details on Sintana.

  Sintana Energy: finding diamonds in the Namibian waters

• Best Mart 360 $2360.hk; Michael Fritzell came out with an excellent video and report (free preview) on “Benjamin #1”. Remarkably, there was hardly any share price response, yet.

  Best Mart 360 (2360 HK)

  Michael’s work answered the key questions I still had on Best Mart’s