Cool - looking forward to watching your portfolio grow.
How frequently are you looking to update the hub and are there any particular industries/GICs you are focusing on?
I liked how they had the largest supply line for cosmetics and convenience items in the world.
Since then even larger supermarket chains started to carry inventory that were unique to them. They’re struggling in general.
I think I’ll stay away for a while more
But stock is doing good so far :)
I have always been impressed at their scale for their investor services and corporate financing (massive player in all Asia and North America).
If it’s Berkshire and Oracle behind them, I wouldn’t be surprised. Wonder what will use the proceedings for, maybe invest scaling its U.S. expansion?
I see but what if it takes off within those couple years?
I think it valued correctly and if the timing/opportunity checks out - after IPO is a good chance to hop on the train.
I've been watching since the morning too, seems still up 32% even though revs decreased?
Same, but I’ll enjoy every penny I made so far (cashed out recently and will wait for a lower point of re-entry).
Interesting I didn’t know anything about that
Yea I’m mostly looking for opinions here too, it’s a company that hasn’t delivered for many years - I agree.
The reason I’m doing more due diligence is the recent news around restructuring and layoffs expected, will the lower headcount and operational costs help them get rid of the deadweight loss and open room for more profitability is my question. Or stay away altogether.
From further due diligence, Massey Ferguson seems to be equally competitive 🚜 company in the world. I’ll check that too!
Question - does capital gains tax consider an individual's overall income/tax brackets or is it entirely separate than your income taxes?
Reason I'm asking is that it usually pops up when I do my income taxes and somehow I always thought they're linked.
Great idea! I'd be interested in upcoming IPO's for AI's as well since there could be opportunities to get into the game earlier on subject to proper valuation and due diligence.