T.U.B Investing

I don’t know why Digital Turbine (APPS) has been on the downtrend since their latest financial announcement. There could be 101 reasons that the company has been trending downwards. One of the most “believable” reason I heard is that the privacy issue is still up in the air in US, especially with Apple already launching iOS 14. Investors always do not like uncertainty and how this “privacy” affect the AdTech industry is still uncertain. But I like it and I have been buying on the dip. I have mentioned about APPS significantly on this blog already. Thus, I will just put some pointers about APPS (that I never mention before) , the latest transcript, on Fyber and Adcolony. So here it goes… 1.        Gross Margin – One of the main misunderstanding of APPS is its low Gross Margin (as compared to other AdTech firms) . The reason is because for every $3 APPS earn, $1 goes to OEM, $1 goes to Operator, $1 goes to APPS.   2.     ...

Hello everyone, it has been a long long time since I wrote anything. I had been restless for the last few months. In fact, over the last month, I had probably watched so much Netflix, Korean Drama and Movies that even the whole of last 2 years pales in comparison. It seem like I am playing catch up on “what I liked to do but stopped myself from doing because I felt I am wasting time” . Other time where I wasn’t working from home or watching drama/movies, I spent them with my daughter. Dancing, painting, going for lessons…just some father and daughter time. It was a great rest. I don’t mind having more of such time but NOW it is probably time to contribute to the investing community again. For a start, I did some amendment to my strategy by adding HK stocks to the mix as shown in the picture below. My Strategy For this article, I will be commenting and mentioning my portfolio in 3 segments – SG, HK and US . SG portfolio Reduced QAF by 40% holdings – Company only announc...

I have been away for a while AGAIN . Many things happened. Basically, a lot of energy are spent elsewhere when baby turns toddler. When she gets older, I get older too. So, when it comes to writing, I just cannot get myself to do it. Anyway, recently, I was able to free up some time and space in my mind to write this article. Nevertheless, during this period, I have not stopped reviewing my portfolio and finding the 100x company since my 10x to 100xframework post . I realise that focusing on 100x made me become focus more on the share price, than the company – which deviate my focus away from some opportunities that I will have taken in the past. It made me think if this is a correct way of looking for companies to fit into my portfolio. That’s when it struck me that maybe I was wrong to focus on achieving 100x because that is based on share price. I realise I should be focusing on the CHARACTERISTICS of the companies instead of the 100x share price. Over this exercise, I a...

Not Vested Yet.  This is a new series that I hope to bring unknown companies to people attention - if I ever write more lah! I may not necessary invest in these companies, but its always good to discuss about them. Today I am going to write about a Singapore IPO. I never really look at an IPO before, but this caught my eyes because (1) it is a business that is selling ready-to-eat and ready-to-cook meat products in Singapore and Malaysia, (2) we know how this kind of business has been booming during this pandemic, and (3) demand for such products, in my opinion, can be deem “recurring” – people tends to go back to brands of a particular food constantly because of familiarity in taste and unwillingness to switch. The Offering and The Business 1. Details of Offering – OTS Holdings will be offering 41.0 million ordinary shares at S$0.23, with ONLY 1.0 million ordinary shares by way of public offer – which already ended on 15 Jun 21. Trading starts at 9am on 17 Jun 21. 2. The Busin...

Vested with initial price at US$53.50 and average price of US$57+. Cerence used to be my biggest position. It has now gone to 2nd place due to my aggressive adding to Digital Turbine. Regardless, I have as much faith towards Cerence as I have towards Digital Turbine.  You can refer to my 1st article on Cerence here. There is information below that could be repetitive and if they are repeated it meant that this is VERY IMPORTANT . I have also stated I have 2 portfolios– 1st one is mixed SG with US companies. 2nd one has 90% US companies. Thus, Cerence and Digital Turbine are in the 2nd portfolio, contributing almost 15% to the portfolio. Without further ado, let’s get to the 25 Must Know about Cerence and why it remains a high conviction for me. The Business 1. As per my first article, Cerence is a WHITE LABEL company that is behind the voice recognition/command system in the car such as Mercedes, Audi, BMW, Nio, Xpeng, Toyota and many more. Remember “Hey BMW” or “Hey Mercedes” ?...

A lot has changed since my last article on Digital Turbine (aka APPS) - Although just a few days away, but APPS has become my biggest position and become my highest conviction company probably for 2021 right now.  This will also be my 4th article on APPS this year. For this article, I will be writing on a 20 pointers that you must know about APPS. Some of the pointers may be repetitive but it is repeated because it is important. Here we go... The Company 1. Digital Turbine (aka APPS) is an estimated US$6bn listed entity in Nasdaq. With the acquisition of Fyber last week, along with AdColony and Appreciate recently, it has transformed into a full stack end-to-end ad tech platform. 2. APPS used to be solely focused on Android products only. But with these acquisitions, it has gotten into the IOS space. There is also the opportunity of cross-selling. 3. Even without these acquisitions, APPS on-device solutions are amazing. Basically, one of their products – ignite – is the product t...

Vested with initial price at US$38.30 and average price of US$52+. I have already written 2 posts on Digital Turbine (aka APPS) .  Click on the tags below of this post to read my previous write up. But I believe this will be the most important post as I highlights the information you need to know before 1 Jun 21.  APPS is one of my 2 major super conviction companies and my 2nd largest US market position.  So here are the 15 points... 1. This post is time sensitive as APPS – they have delayed and will be announcing their results in 1 Jun 2021 (US Time) . 2. As per their press release, the rescheduling of its conference call and webcast is “to accommodate certain scheduling matters, including the anticipated completion of a recently announced acquisition.” In my opinion, this is highly possible to be Fyber.  3. If that is the case, there will be a dilution of shares. As per CEO in the latest Needham Interview, “…Fyber will receive $400 million worth of Digital Turbine ...