Wednesday, May 30, 2018

5 Contenders For's E-Commerce Business

Overstock lacks the funds, moat and size to compete in the e-commerce space against giants such as Amazon.
I see five potential acquirers of the e-commerce unit. Kohl´s could be an acquirer of this business at $34/sh. But Amazon is a wildcard.
At current prices, investors are obtaining Medici Ventures for free. Medici owns stakes in 13 very interesting and promising blockchain startups.
In the next article, we will attempt to value Medici Ventures.
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Wednesday, May 23, 2018

Amira, Please Don't Ghost Us - Let's Talk

Good operational results with double-digit revenue growth of 12% and flat gross margin of 12%.
Working capital still consuming all the cash, I believe current financing strategy is not sustainable.
Share exchange for the remaining stake in Amira India seems beneficial for ANFI shareholders.
Mixed messages through CEO actions, on one side he guarantees the 239MM USD debt, on the other he eliminates the compensation committee.
The lack of communication with the market makes ANFI an even riskier and more volatile investment but with a very attractive risk/reward profile (1:4-5) with a target price of $11.00/share.

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Is Daqo A Two Trick Pony?

Summary After reaching our target price in less than four months, Daqo Energy stock dropped to our initial entry point during the las...