$FND
I came across $FND when I was bored and step into the store in West Covina, in Los Angeles, where its kind of this large warehouse in the middle of like a run down plaza, and I had to walk in and see what this place sold. Little to my
openbleu
$GRAB/GOJEK
Grab Holdings - interesting at these levels ~14 bn mkt cap USD
Grab is a real business improvement story, but not yet a clean rerating story.
The bullish case is straightforward: Grab has crossed from being a cash-burning Southeast Asian super app into a profitable, cash-rich regional platform with
US Retail & Consumer
Most recently, I suggested that Deck & Lulu looked attractive from a valuation standpoint. This week, I did some more in-depth work on DECK to follow up on.
Decker Brands’ stock is down about ~50% from its peak earlier this year (even after a 15% bounce last week), the
Initiation on Sportswear - NKE/LULU/DECK
Historically, clothes had clear lanes. Sportswear was for working out, suits and dress pants were for formal settings, and fashion pieces were their own thing. You could basically tell what someone was doing just by looking at their outfit. Fast forward ~15–20 years, and sweatpants, hoodies, and yoga pants
More solar capacity coming!
14.11.25
If you’ve been following the FSLR/NXT posts - this should be a quick and helpful read to see where things are in the utility-solar space.
According to the EIA (U.S. Energy Information Administration) new update, it looks like solar projects are moving faster than
Sysmex -$SSMXY/6869JP
10.30.25
I’ve been following Sysmex—the world’s leading player in blood testing instruments—for a few years now, first when it traded at ~70x during Covid. However, in the past year, the stock has fallen roughly ~40%, which I was quite shocked by, hence for my
Belimo AG $BEAN
06.24.25
For this month, we are looking at Belimo AG, a small company with incredible ROICs & strong sector tailwinds – in both A.I and Infrastructure retrofitting.
Company Summary:
Founded in 1975 by a group of entrepreneurs and headquartered in Switzerland, Belimo is a global leader in actuator
Cheap Power, Slow Buildout: Ontario’s EV Charging Paradox vs Los Angeles:
08.22.25
Introduction:
This month, I wanted to dive a bit deeper into North America’s EV charging infrastructure—and understand the economics behind installing chargers.
Coming back from LA, and I noticed something interesting in the EV infrastructure story between Ontario vs California. Despite Ontario having some of
$FSLR
07.08.25
Investment Thesis:
* SO: 107,250,000 * Price ~165 = $17,696, 250,000
* EV: 17, 696, 250, 000 + 373,000,000 - 1,793,000,000 = $16,276,250,000
* P/E = 14x LTM
1).
Large market share of US solar: FSLR is the only large, US-based, vertically-
The Death of Renewables! ($FSLR & $NXT)
07.07.25
In this piece, we’ll look at the “One Big Beautiful Bill” — a sweeping policy package that brings significant changes, both good and bad, to the renewables sector. Depending on who you ask, the effects could be seen as either positive or negative. In my view, however,