I also have a quick question if I may. When you need to reach out to company management for information, what approach do you find most effective in getting a response?
I'm not asking for answers via email, as executives have shown themselves to be reluctant to do so. I would instead mention a few topics I'd like to discuss and request a meeting.
I used to hold far fewer stocks than I do now, but that’s one of the lessons I’ve learned in recent years. With more time to focus on the market and plenty of undervalued opportunities available, I’ve expanded my portfolio. That said, when things go wrong, they can go very wrong. Long story short: I currently hold 10-12 stocks and typically don’t let any single position exceed 20% of the portfolio.
Either way a fantastic achievement, so congratulations! What do you use to determine your performance YTD, assuming that you buy and sell and add money from external sources? IRR as well?
Thank you for the quick response. I am doing some DD myself at the moment. Not very well covered and they face some heavy competition in this niche segment.
Since many people have asked me this question following my update, I’m just going to share a message I sent to a fellow investor:
"I think we can both agree that the stock is extraordinarily cheap from a pure valuation perspective, so I'll focus on the unanswered questions and yellow flags. These aren’t fully developed or grounded, just some thoughts:
1. They seem to have turned a corner, but how? I read both the financial statements and the MD&A, but I couldn’t find an explanation that convinced me.
2. I asked myself what their actual product is. While thinking about this, I came across a Glassdoor review from a former employee. To sum it up: People are nice, but the company has no real product.
3. The earnings call was really strange—no proper Q&A. Just pre-prepared questions and answers. I participated in the call and had a lot of questions, but I wasn’t allowed to ask them."
I didn’t follow my rule of buying a starter position and waiting for a confirmation quarter because the questions I had were too significant, and management should have anticipated them.
You’ll probably make money with this, but I prefer to stick with investments that offer a similar upside with fewer unanswered questions.
Love your write ups. What tool do you use to create these sleek charts?
Portfolio Performance: https://www.portfolio-performance.info/
Portfolio Performance is a great tool to manage portfolios.
I will add it to the investors tool list on RhinoInvestory.com
Congratulations on a fantastic performance!
I also have a quick question if I may. When you need to reach out to company management for information, what approach do you find most effective in getting a response?
I'm not asking for answers via email, as executives have shown themselves to be reluctant to do so. I would instead mention a few topics I'd like to discuss and request a meeting.
Congratulations on your performance!
How many holdings do you typically have?
And what is the largest you tend to size microcaps?
I used to hold far fewer stocks than I do now, but that’s one of the lessons I’ve learned in recent years. With more time to focus on the market and plenty of undervalued opportunities available, I’ve expanded my portfolio. That said, when things go wrong, they can go very wrong. Long story short: I currently hold 10-12 stocks and typically don’t let any single position exceed 20% of the portfolio.
Either way a fantastic achievement, so congratulations! What do you use to determine your performance YTD, assuming that you buy and sell and add money from external sources? IRR as well?
I use TTWROR for the YTD- Performance. IRR would be 96.06%.
Congrats on your fantastic performance and thanks for the shout-out! 🙏
Own some Covalon, only 5,000 shares. but on US exchange at $2.50. Recent add. Is about a 40% position. Expect this to go higher.
I am surprised you have no holding in TruBridge $TBRG that you talked about recently.
I began looking into TruBridge two weeks ago. The update was written prior to that.
Thank you for the quick response. I am doing some DD myself at the moment. Not very well covered and they face some heavy competition in this niche segment.
Feel free to reach out after you've looked into it further. I'd be happy to discuss it.
$kino indeed has weird communications. Today they said they got 0,9 m£ back from DCB but promised 2,6 just a month ago.
Congrats on the performance.
Can you give a little bit context on $ZOOMD and what do you think is off? It just looks too cheap given the Q2 Results.
Since many people have asked me this question following my update, I’m just going to share a message I sent to a fellow investor:
"I think we can both agree that the stock is extraordinarily cheap from a pure valuation perspective, so I'll focus on the unanswered questions and yellow flags. These aren’t fully developed or grounded, just some thoughts:
1. They seem to have turned a corner, but how? I read both the financial statements and the MD&A, but I couldn’t find an explanation that convinced me.
2. I asked myself what their actual product is. While thinking about this, I came across a Glassdoor review from a former employee. To sum it up: People are nice, but the company has no real product.
3. The earnings call was really strange—no proper Q&A. Just pre-prepared questions and answers. I participated in the call and had a lot of questions, but I wasn’t allowed to ask them."
I didn’t follow my rule of buying a starter position and waiting for a confirmation quarter because the questions I had were too significant, and management should have anticipated them.
You’ll probably make money with this, but I prefer to stick with investments that offer a similar upside with fewer unanswered questions.
Thanks a lot!