We’re excited to welcome Andrew Scott, the CEO of Inside Asian Gaming, for a webinar titled: Where to Now for the Macau Gaming Industry The new Macau gaming law and its commercial implications How the concession tender process will play out in 2022 H2 Mainland China’s Macau posture and its impact on the market I’ve … Read more
My Ravn of Invested.dk interviews Gary Brode of Deep Knowledge Investing on oil, gold, currency, and portfolio hedging. We’d like to thank My, the Invested.dk community, and our Norwegian friends who joined us for this interesting webinar on current market issues.
Last week, we wrote that we thought the probability of Elon Musk completing his acquisition of Twitter (ticker: TWTR) for the agreed $54.20 per share price was remote, and argued that Twitter management’s unwillingness to provide backup for their claim that fake accounts were less than 5% was an indication that this was a real … Read more
Overview: My first job on the “buy side” was in risk arbitrage. That’s a fancy name for investing based primarily on capturing the difference between the current price of a stock, and the value shareholders are due to receive in a merger or acquisition. At that time, there were a lot of announced deals, a … Read more
Want to know what oil stocks we’re buying and why? This video explains it all:
Curo Group (ticker: CURO) announced a strong first quarter after the close. Revenue of $290MM was up 48% and beat analyst estimates of $274MM. Adjusted earnings of $.15 also beat expectations by $.03. Like Enova International (ticker: ENVA), Curo is regrowing the loan book after a lack of economic activity caused by Covid shutdowns reduced … Read more
Two quarters ago, terrible results from education company, Chegg (ticker: CHGG) caused a huge drop in Coursera (ticker: COUR) stock. We wrote about the fact that these companies are in two different businesses, and that Chegg is regarded as a “cheating site”. At the time, Chegg complained that fewer people were entering college and those … Read more
