As I review the results and reports coming in for the month of Sept, I am impressed with the apparent continued growth of DOCU, which I was just reminded of when I had several transactions to complete. It was as smooth as silk. I also took note of Paul Bryants observations this evening on Saul's discussion board.
I hold DOCU . It is about 7% of my current portfolio. I have a bit of cash but I can't decide whether to sink more into DOCU or try to augment my FSLY now at 12%. Decisions decisions.
I haven't seen or heard any reasons to lighten up on either LVGO or SE but I am ready to cut bait at a moments notice if necessary. There was a recent report on a survey of online shoppers in Indonesia who prefer Shopee to other options by a wide margin. It was also reported that the number of ecommerce platforms in SE Asia is much depleted by competitive pressures. Meanwhile Shopee thrives.
Paul referred to your early Sept post which I reread. That motivated me to communicate here. Do you have further thoughts on any of the aforementioned issues. I would be most interested in how positive you are now regarding DOCU.
For my part I have a growing conviction in DOCU because they are expanding their product offerings and because its one of those services that everyone will need to use.
And thank you for your blog! It is very good example how anyone that takes investing seriously, has to proceed. I also must start taking such notes, but yours look like a fairy tale - so well written and easy to read!!!
Let me ask you a question with an example.
Let's take two companies - CRWD and PTON. Both of them reported earnings this month. CRWD's stock went down, but PTON went up after-market, although both had amazing results. I do not discuss the reasons why this happened.
My question is - when you suspect good results and have some amount willing to add to the position, do yoу spend half of it before the earnings and the other half after?
I know that there isn't one-fits-all answer, but I'm curious what's your oppinion.
Hello stocknovice. Thank you for your August writeup. Iparticularly appreciate your ability to synthesize material from the earnings calls and develop convincing conclusions.
In your writeup you mention two issues, Sea Ltd and TDOC/LVGO and discuss your reasons for avoiding both. I read the same reports and decided to hold both,. I'd like to solicit your further comment.
Consider SE. SE has 4 business components which they report on. These are Entertainment,E- Commerce, Digital Financial and Merchandise ( a smaller component). At present Entertainment is the largest component.
In the Q&A the CEO was emphatic about the positive prospects for e-commerc and Digital Financial. e.g E-commerce was exhibiting high growth in all metrics and gaining market share thruout S.E. Asia. The Digital Financial piece was gaining efficiency and approaching profitability
SE was investing heavily in long term growth and building on line use cases for the Dig Fin services.
Some Q@ metrics...all YOY
Total rev +102%
Gross profit +106%
OpEx +59
Net loss +42% This is explained as due in large measure to some accounting factors
Rev by category
Entertainment +61%
E-Commerce 187.7 %
Digital Financial +327.7% (Adj EBITDA +506.8%)
Cash +50%
Deferred rev $1.28B +20
Cash flow 74M vs. 8M
So its complicated but interesting. It looks like a huge TAM in SE Asia in each of 3 fast growing sectors. Maybe worth another look.
LVGO is entirely different story and the subject of much discussion. Initially I shared you conclusion and early on sold out of a large holding. But since then may medical professionals have poste on Saul's Discussion board arguing in favor of the merged entity. There is a lot of stuff there. Enough to convice me to reinstate a position albeit a smaller one. I wonder how you see all that.
Hi StockNovice, thanks for the great write up. Quick qn, how do you track monthly and ytd returns if new money is being added to the portfolio or taken away since money added in shouldnt be considered as gains.
Great write-up! I like how you pointed out Zoom's international growth, its definitely a big part of the story. Can't wait for DOCU and CRWD earnings, hopefully more of the same!
Hi Stocknovice,
As I review the results and reports coming in for the month of Sept, I am impressed with the apparent continued growth of DOCU, which I was just reminded of when I had several transactions to complete. It was as smooth as silk. I also took note of Paul Bryants observations this evening on Saul's discussion board.
I hold DOCU . It is about 7% of my current portfolio. I have a bit of cash but I can't decide whether to sink more into DOCU or try to augment my FSLY now at 12%. Decisions decisions.
I haven't seen or heard any reasons to lighten up on either LVGO or SE but I am ready to cut bait at a moments notice if necessary. There was a recent report on a survey of online shoppers in Indonesia who prefer Shopee to other options by a wide margin. It was also reported that the number of ecommerce platforms in SE Asia is much depleted by competitive pressures. Meanwhile Shopee thrives.
Paul referred to your early Sept post which I reread. That motivated me to communicate here. Do you have further thoughts on any of the aforementioned issues. I would be most interested in how positive you are now regarding DOCU.
For my part I have a growing conviction in DOCU because they are expanding their product offerings and because its one of those services that everyone will need to use.
cheers
arnie
Hello,
And thank you for your blog! It is very good example how anyone that takes investing seriously, has to proceed. I also must start taking such notes, but yours look like a fairy tale - so well written and easy to read!!!
Let me ask you a question with an example.
Let's take two companies - CRWD and PTON. Both of them reported earnings this month. CRWD's stock went down, but PTON went up after-market, although both had amazing results. I do not discuss the reasons why this happened.
My question is - when you suspect good results and have some amount willing to add to the position, do yoу spend half of it before the earnings and the other half after?
I know that there isn't one-fits-all answer, but I'm curious what's your oppinion.
Cheers and thank you.
Hello stocknovice. Thank you for your August writeup. Iparticularly appreciate your ability to synthesize material from the earnings calls and develop convincing conclusions.
In your writeup you mention two issues, Sea Ltd and TDOC/LVGO and discuss your reasons for avoiding both. I read the same reports and decided to hold both,. I'd like to solicit your further comment.
Consider SE. SE has 4 business components which they report on. These are Entertainment,E- Commerce, Digital Financial and Merchandise ( a smaller component). At present Entertainment is the largest component.
In the Q&A the CEO was emphatic about the positive prospects for e-commerc and Digital Financial. e.g E-commerce was exhibiting high growth in all metrics and gaining market share thruout S.E. Asia. The Digital Financial piece was gaining efficiency and approaching profitability
SE was investing heavily in long term growth and building on line use cases for the Dig Fin services.
Some Q@ metrics...all YOY
Total rev +102%
Gross profit +106%
OpEx +59
Net loss +42% This is explained as due in large measure to some accounting factors
Rev by category
Entertainment +61%
E-Commerce 187.7 %
Digital Financial +327.7% (Adj EBITDA +506.8%)
Cash +50%
Deferred rev $1.28B +20
Cash flow 74M vs. 8M
So its complicated but interesting. It looks like a huge TAM in SE Asia in each of 3 fast growing sectors. Maybe worth another look.
LVGO is entirely different story and the subject of much discussion. Initially I shared you conclusion and early on sold out of a large holding. But since then may medical professionals have poste on Saul's Discussion board arguing in favor of the merged entity. There is a lot of stuff there. Enough to convice me to reinstate a position albeit a smaller one. I wonder how you see all that.
cheers
arnie
.
Hi StockNovice, thanks for the great write up. Quick qn, how do you track monthly and ytd returns if new money is being added to the portfolio or taken away since money added in shouldnt be considered as gains.
Great write-up! I like how you pointed out Zoom's international growth, its definitely a big part of the story. Can't wait for DOCU and CRWD earnings, hopefully more of the same!