BUY Prosus: a holding company traded deep below its NAV
I bought the Dutch investment company Prosus N.V. (PRX.AS on the Amsterdam Stock Exchange) at an average price of 77.6 euros at 5% of the portfolio value. The stock is also traded in the US…
Articles by Yinon Arieli
Summary of 2021 and looking forward to 2022
For us, value investors, 2021 was a pretty calm year compared to 2020. The Portfolio also yielded a satisfactory return of 18.5% this year, and the leading US indices rose even above 20%. However, 2021…
Happy New Year!
2021 ended yesterday. It was another successful year for the portfolio, which yielded 18.5%. In the coming days, I will publish my annual summary to the portfolio members, including my goals for the coming year…
Strong Q1 2022 for Micron
Micron continued to grow strongly in Q1 2022 (its financial year ends in August). Revenue grew 33.2% to $7.4 billion and adjusted EBITDA increased to $4.4 billion – an increase of 79% compared to the…
Sell SolarEdge
I decided to sell the entire position in Solaredge (SEDG) at an average price of $352.5 . It’s one of my favorite companies in the portfolio and the stock went 5 times higher since I…
Sell CDON
I’m selling CDON at 373 SEK, unfortunately, for a 15.2% loss. Their activity is growing but much slower than I expected. In the 3rd quarter net sales of the 3P marketplace grew by 15%, which…
BUY PowerBand Solutions
I bought the stock of the fintech company PowerBand Solutions, which operates a revolutionary digital platform for purchasing used cars by car dealers in the US. I bought the stock that is traded on the…
BUY Orient Overseas and enjoy the maritime transportation boom
I bought the container transport and logistics services company Orient Overseas. I bought the main stock that is traded on the Hong Kong Stock Exchange under the symbol 0316.HK at an average price of 168…
BUY IWG
Today I bought the leading flexible office space company IWG at an average price of £3.03 at 5% of the portfolio value (note that the stock is traded in GBp, which is £1/100, meaning it’s…
Sorry Bill, I’m selling PSTH
After reading the letter Bill Ackman sent a few days ago to PSTH holders, I decided to sell the entire position in the stock (at an average price of $19.7). It is sold for a…