Yearly Archives: 2019

A Legal Setback to The Affordable Care Act (ACA) Does Not Necessarily Change The Bull Thesis on UnitedHealth (UNH-NYSE, $245)…..For Now

A Texas court has ruled the Affordable Care Act to be unconstitutional. As a result, there has been downward pressure recently exerted upon the managed care sector, of which UnitedHealth is the largest player. The Republican government of the United

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Global Large Cap Portfolio Return of 22.5% for the Quarter Ended March 31st, 2019.

The Gnostic Capital Large Cap Global Portfolio Ended the first quarter of 2019 (03/31/2019) with a portfolio valued at $263.78 USD. This compares to the year end valuation of $215.28 and represents a return of 22.5% for the quarter. In

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Grupo Aeroportuario Del Sureste (ASR-NYSE, $163) Increases Dividend Payment for 2019.

Asur has opted to increase the 2019 dividend at a rate well above inflation. By way of example, the 2018 dividend was $3.44 per ADR; according to the annual circular, the 2019 dividend payment is to be $3.91 per ADR.

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Visa & Mastercard Raising Various Fees. Additional Revenues in Excess of $1 Billion Annually may Result in 2020.

https://www.wsj.com/articles/purchases-with-plastic-get-costlier-for-merchantsand-consumers-11550226601 As Visa and Mastercard operate with a very lean cost structure, more than half of the potential revenues will, in all likelihood, fall directly to the EBITDA category and prove nicely accretive to earnings for the aforementioned firms.

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U.S. Retail Sales in December 2018 Declined from November 2018.

The US Census Bureau issued the December report later than expected, due to data collection issues as a result of the partial government shutdown. Typically, December sales grow over November sales. The decline of -1.2% over Novewmber may either be

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