Bitcoin: Huge dump incoming 🤔?
Posted inAnalysis

Bitcoin: Huge dump incoming 🤔?

July 8, 2024
TLDR; Dump due to many factors Mt. Gox, ETFs, halving, Germany, and interest rate cuts. Bitcoin has dropped from $71k to $57k, a decline of around 20%. If $57,800 levels are not sustained with good volume, then we would end up $45-55k zone. Social media 'buy the dip' calls on rise. As Trump being in ... Read more
Nike: A Comeback Takes Time!
Posted inAnalysis

Nike: A Comeback Takes Time!

July 2, 2024
TLDR; Jordan Brand was 17% of Nike’s overall revenue in FY24, growing 6% Y/Y. In 2023, Nike footwear sales were greater than Adidas, Under Armour and Puma combined. NKE has a forward P/E of 22.15x, well below the average 5 year P/E of 35.60x. FY25 revenue guidance down to single digit. Shares price down by ... Read more
Alibaba: Undervalued Technically But Not Politically
Posted inAnalysis

Alibaba: Undervalued Technically But Not Politically

May 22, 2024
TLDR; Undervalued based on financial metrics. Track record of CCP on anti-globalization and dismantling Deng Xiaoping’s economic reforms. Politicians are actively discouraging the leadership of the company from rewarding (foreign) shareholders. Uncertain long shot on economic policies pursued by China as its almost impossible to foresee political risks, and it would be best to stay ... Read more
Palantir: Too Much Hype But Solid Fundamentals
Posted inAnalysis Financials

Palantir: Too Much Hype But Solid Fundamentals

May 17, 2024
What does Palantir do? Palantir is a provider of data analytics services which build tools for private and governmental structures with proprietary AI algorithms to find inefficiencies and streamline operations. Palantir achieves revenue by providing subscription data solutions hence repeat transactions involved forming lasting relationships with clients hence a steady flow of income. How They ... Read more
Starbucks: Brewing Coffee Dominance?
Posted inAnalysis

Starbucks: Brewing Coffee Dominance?

May 8, 2024
TLDR; When it was cheap to get loans (3.6% Interest), company borrowed a lot of money for growth to open up more stores across globe, which was great a move. Global avg ticket size : Starbucks($7.85), Dunkin'($4.22), McDonald's($5.20) and Luckin Coffee($2.17) High interest environment is restricting consumers with discretionary spends. Diversify more stores outside US. ... Read more
In FY22, Zerodha reports revenue of Rs 4,964 Cr and profit of Rs 2,094 Cr.
Posted inFinancials

In FY22, Zerodha reports revenue of Rs 4,964 Cr and profit of Rs 2,094 Cr.

November 11, 2022
Fair warning if you are an Indian fintech company or stock brokerage. You might feel extreme envy after reading the next several sentences. Zerodha, a self-funded stockbroking company, maintained its growing velocity in the fiscal year that ends in March 2022; its operating scale was getting close to Rs 5,000 crore. During FY22, however, its ... Read more