(EU converted to USD at the rate of 1.0868 as of 06/30/2023). Adyen NV, the fast growing publicly traded payment processor, reported a very disappointing first half 2023 fiscal result. Net revenues, at $803.2 million US, increased by 4.4% as…
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Adyen NV (ADYEY-OTC, $8.47 US). An EBITDA Decline Does Not Equate to a Change in my Investment Thesis.
Posted in Open Blog
Novo Nordisk (NVO-NYSE, $187.57) and Eli Lilly (LLY-NYSE, $517.53) Seek to Potentially Upend Modern Preventative Healthcare. There Will be Winners and Losers.
A key study, detailed today, published by Novo Nordisk, confirm what has been widely assumed by medical researchers in the rather new GLP-1 medication class; that in addition to providing quantifiable and fairly immediate benefits for those with type 2…
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Grupo Comercial Chedraui (CHDRAUIB-MX, $5.72) Reports for Q2, 2023.
All figures reported in USD at the exchange rate of $.0585 US per Peso. Forex has served to obscure the US dollar revenue growth rate of Chedraui in Q2. Grupo Chedraui, a fast growing operator of supermarkets and warehouse clubs,…
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Grupo Chedraui (CHEDRAUI.B-MX-$5.68). Proposed Rancho Cucamonga Distribution Center Offers Insight on Chedraui USA Growth Ambitions.
The announcement by Grupo Chedraui concerning a new 1.4 million square foot distribution facility lease is a key clue in the next phase of organic growth for Chedraui USA, one perhaps overlooked by many. In May, Chedraui confirmed the beginning…
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Gnostic Global Large Cap Portfolio Return for the Fiscal Quarter Ended June 30th, 2023.
For the quarter ended June 30th, 2023, the major indexes performed as follows: 1. The DJIA rose by 3.4% 2. The S&P 500 rose by 8.3%. 3. the NASDAQ composite advanced by 12.8%. In comparison, the Gnostic Global portfolio advanced…
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