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.
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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👇
Portfolio update #4; Hogs, Divies, and Momentum
Summary As an investor, I constantly think about potential good and bad outcomes. A bit like Dr Jekyll - a well-respected, intelligent scientist - who secretly has a dark, immoral side to his personality (Mr Hyde). In terms of portfolio positioning my bias shifted towards
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
‘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
and on yet another excellent post. It provides a ton of extra details on Sintana.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.
Michael’s work answered the key questions I still had on Best Mart’s
