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Eaton Vance Capital Exchange Fund

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r/wallstreetbetsSee Post

I was right about WIRE. I was right about ANF. I haven't been right about DQ.... yet.

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China Collapse, Mexico Resurgence—How to Invest

r/stocksSee Post

Apple(AAPL) DCF Analysis

r/weedstocksSee Post

CAPEX voor de MSO's

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We Going All In on Swiss Watches. DD inside.

r/pennystocksSee Post

St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1): Future For The Planet's Betterment

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Parkway Corporate Limited (PWN)

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Duolingo (DUOL) DCF Analysis

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Massive opportunity with Manganese X Energy (MN.V // MNXXF)

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CEPU: A Good Investment Amidst Argentina's Electoral Dynamics

r/StockMarketSee Post

Top 1 Stock ASX today The company Pointera Or 3DP:ASX won the USD$15 Billion contract for 10 years contract.

r/pennystocksSee Post

What is next for Bitcoin Miners? $MARA, $RIOT, $WULF, $SDIG, $MIGI

r/stocksSee Post

ALTO is a corn fueled rocket getting ready for blast off

r/pennystocksSee Post

Cerrado Gold Close to Securing Major Project Finance Loan

r/smallstreetbetsSee Post

Forsys Metals (FSY on TSX) is very cheap. Forsys Metals has a Definitive Feasibility Study for the Narasa project and Norasa is only 25km from Rossing uranium mine and 45km from Husab uranium mine => For China Norasa (FSY) is the perfect project to takeover imo.

r/investingSee Post

Understanding How to Perform Research on Stocks is a big hurdle for new investors.

r/investingSee Post

If Depreciation is MUCH higher than PP&E does it mean that the company will be incurring a big CAPEX spending very soon?

r/stocksSee Post

If Depreciation is MUCH higher than PP&E does it mean that the company will be incurring a big CAPEX spending very soon?

r/WallstreetbetsnewSee Post

$CSX: Railroad provider with an East Coast Moat with the potential to profit big on US reshoring

r/pennystocksSee Post

Vroom 2.0: The end game and the value this rough market has created.

r/pennystocksSee Post

Enterprise Group (TSX: E, OTCQB : ETOLF) Earnings Exceeded Expectations And More to Come

r/wallstreetbetsSee Post

What to do with Stock Based Compensation?

r/investingSee Post

What to do with stock based compensation?

r/stocksSee Post

What to do with stock based compensation?

r/pennystocksSee Post

Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) Delivers Impressive Result And A Robust Outlook

r/pennystocksSee Post

Anfield Energy Reaches Important Milestone with Filing of Preliminary Economic Assessment

r/pennystocksSee Post

3 Undervalued Small-cap Stocks With Impressive Upside Potential $E.TO $JOR $TK

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Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) Strong Financial Results In Q4 Point To A Promising Q1

r/pennystocksSee Post

$CRGE is cornering the US market for EV charging infrastructure

r/StockMarketSee Post

Why Roblox Corp. (RBLX) has a score of 4.1/10

r/pennystocksSee Post

RITE AID $RAD has a market cap of $118 MILLION, but has a yearly revenue of $24 BILLION. The kicker? This company is cash flow POSITIVE!!

r/StockMarketSee Post

Why Roblox Corp. (RBLX) has a score of 4.1/10

r/pennystocksSee Post

Enterprise Group, Inc (TSX: E | OTCQB: ETOLF) Surpasses Analyst Estimates With Robust Earnings

r/StockMarketSee Post

Largo Reports Q4 & Full Year 2022 Results – A Catalyst Rich 2023 Ahead

r/pennystocksSee Post

ENTERPRISE GROUP, INC. ANNOUNCES LETTER TO SHAREHOLDERS FROM PRESIDENT & CEO – LEONARD D. JAROSZUK (TSX: E, OTCQB: ETOLF)

r/pennystocksSee Post

Plastic Pact 2025: a looming deadline that could benefit Aduro Clean Technologies (OTC: ACTHF)

r/wallstreetbetsSee Post

Adani Group's financial analysis & business valuation yield telling results.

r/pennystocksSee Post

Nickel in Short Supply: Industry Needs Mines at Scale

r/pennystocksSee Post

Valuing Aduro Clean Technologies (OTC: ACTHF)

r/StockMarketSee Post

Coinbase Stock Is A Generational Wealth Opportunity

r/pennystocksSee Post

How IIROC/BoC gave you a discount on the recent Brazil gold rush $CBR.V $CBGZF

r/stocksSee Post

Wall Street Week Ahead for the trading week beginning January 16th, 2023

r/StockMarketSee Post

Wall Street Week Ahead for the trading week beginning January 16th, 2023

r/wallstreetbetsSee Post

AMC and APE Serious DD... It is all gambling anyways so probably best not to read…

r/weedstocksSee Post

XS Financial Provides a $50 Million CAPEX Lease Facility to Curaleaf Holdings Inc.

r/stocksSee Post

Verisign (VRSN) Stock Review

r/wallstreetbetsSee Post

Gordon Johnson from GLJ Research believe the numbers TSLA reports are largely "fiction," resulting from aggressive accounting

r/StockMarketSee Post

Deep Dive on Nickel: Global Supply Shortage | Canada's Role

r/wallstreetbetsSee Post

Market Weekly Recap: FAAMG, Chip, Software Sectors jumped heavily, coin market tumbled

r/wallstreetbetsSee Post

I have elaborated Charts to explain why META plummeted and why we should (if) be concerned

r/pennystocksSee Post

Pharmagreen Biotech Welcomes Ethan Styles $PHBI

r/pennystocksSee Post

Enterprise Group Inc. An Undervalued Oil services company with great potential $E.TO

r/wallstreetbetsSee Post

Just Sold My House - Here's the Market Crash and Food Shortage YOLO & DD

r/pennystocksSee Post

NEW RECOMMENDATION: Smart ESG investment with massive upside potential Aduro Clean Technologies

r/StockMarketSee Post

Sierra Metals: Examining its Fundamental Value (Q2)

r/pennystocksSee Post

Two Undervalued OTC Companies To Take Notice Of $RHCO $PHBI

r/wallstreetbetsSee Post

Long $GPN

r/investingSee Post

I’m long $GPN because this stock is undervalued

r/wallstreetbetsSee Post

$GPN

r/pennystocksSee Post

A look at Pharmagreen Biotech (OTCQB: PHBI) DD

r/SPACsSee Post

Analysis of Satellogic (analysis of the latest financial statement with deep insights into activity)

r/SPACsSee Post

Analysis of Planet Labs (analysis of the latest financial statement with deep insights into activity)

r/pennystocksSee Post

A look at Pharmagreen Biotech (OTCQB: PHBI)

r/pennystocksSee Post

Why Enterprise Group(TSX:E) is primed to continue its Energy run Past $1.00

r/pennystocksSee Post

Quick Overview of SmartCard Marketing Systems ($SMKG)

r/wallstreetbetsSee Post

What will happen to our economy? Part Deux

r/stocksSee Post

Qualcomm's Depreciation expense relative to capex

r/weedstocksSee Post

XS Financial Announces $37.4 Million Upsized CAPEX Facility for Ayr Wellness Including an Immediate Drawdown of $12 Million

r/StockMarketSee Post

Net CAPEX

r/stocksSee Post

Why I'm bearish on the market right now

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Investing in Oil Stocks

r/wallstreetbetsSee Post

Krispy Kreme (DNUT): The Legendary Glazing and Compounding Cash Flows

r/wallstreetbetsSee Post

McCoy Global (MCB) is a hidden gem. Thesis:

r/wallstreetbetsSee Post

Dension Mines

r/wallstreetbetsSee Post

Dension Mines

r/smallstreetbetsSee Post

Entourage Health: The Bud of a New Flower

r/stocksSee Post

NIU Technologies (NIU) Overview

r/wallstreetbetsSee Post

$PERI is again a $1 billion company

r/StockMarketSee Post

List of quality companies, with high margins, low CAPEX and extensive growth in recent years. In addition, the list is sorted by largest declines from highs. Many jewels in sight

r/stocksSee Post

3M analysis and valuation - A fairly priced resilient dividend company

r/wallstreetbetsSee Post

Encore Wire ($WIRE) is an Undervalued and Relatively Low-Risk Commodity Play

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Upping My Stake in INTC--is this a bad move? [my analysis]

r/smallstreetbetsSee Post

A few reasons I’m bullish on CCU ($SATO.V)

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Lets talk RSI and oil stocks $cvx $oxy $xom

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Annual Monetary Policy Risk Report (The Fed)

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A Profitable Microcap With a Solid Balance Sheet

r/pennystocksSee Post

A Profitable Microcap With a Solid Balance Sheet, Future Growth, Robust Buybacks, AND a Squeeze Play: $APT

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Automotive Roundup 2021 Part 2: 4 new SPACS for 2021 ($ARVL)

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Automotive Roundup 2021 Part 2: 4 new SPACS for 2021 ($ARVL)

r/StockMarketSee Post

RIOT - better gains than MSFT?

r/SPACsSee Post

PNTM Speculation: Pontem will acquire Fuse

r/wallstreetbetsSee Post

Ooh BB I love your way...

r/StockMarketSee Post

SLI “ARKANSAS SMACKOVER PROJECT Standard Lithium’s cutting-edge “LiSTR” Direct Lithium Extraction technology is the right tool to unlock this globally significant resource.”

r/wallstreetbetsOGsSee Post

$ICHR Holdings, Ltd. How Innovative Acquisitions Created an Industry Leader

r/wallstreetbetsSee Post

$RIDE - Part 3 and perhaps my final post about them

r/pennystocksSee Post

$INEO a 20m microcap with 57% of the float held by 3 institutions and insiders as well as a global distribution partnership with a multibillion dollar juggernaut

r/wallstreetbetsSee Post

Automaker Capital Expenditures plus R&D

r/wallstreetbetsSee Post

Automaker CAPEX plus R&D

r/investingSee Post

Will the recent copper shortage be an opportunity for smaller miners?

r/wallstreetbetsSee Post

Will the recent copper shortage be an opportunity for smaller miners?

Mentions

I bought 10.5k shares at 10.6 and picked up 100 Jan 2025 12.5 calls at $1. Barring any sort of fraud, I don't see how this trade can go tits up. CHK and EQT are both chopping production (less supply=higher prices) and futures are pricing a recovery in gas prices by December 2024. This year's El Nino means that while the winter was warm, summer will be hot too, meaning more demand for gas to produce electricity to cool homes. Realistically VET could sell ahead 100% of their domestic production at double current gas prices and lock in higher margins. Biden's export ban is only on new terminals so that news is overblown and priced into the spot market. Once Freeport's LNG trains get up and running again (scheduled for May) exports will continue and boost prices. Ukraine is getting more desperate, so they're going to ramp up attacks on Russia's oil fields, which is good for VET since a \~40% of production is in Europe. While European gas prices have cooled, there's no indication that the windfall tax will be renewed, so even though prices are lower, the margins are still great and the govt won't steal these profits. Finally, if you listened to the call, debt to equity hit 1x after last year's aggressive debt paydown and CAPEX will be reduced. While I think their share buybacks have been effectively worthless, they stated they're open to returning capital to shareholders, so I'm expecting another bump to the dividend, which should make the stock more attractive overall. I can realistically see a $15 share price by December, or even higher if we get a cold winter.

CAPEX is high right now due to them building new plants.  Once 2027 or 2028 rolls around, my presumption is their expenditures will decrease and the money should be seriously rolling in

Mentions:#CAPEX

Less CAPEX spend, prime ads, higher margin for logistics, usual AWS and ads growth. I’m predicting a 70 to 80 billion free cash flow yield in the TTM once they report Q4 2024. And I’d expect a 40 times price to free cash flow. Putting the market cap at 2.8 trillion or 3.2 trillion. I’m not very certain my scenario will hit. Hard landing or inflation spiral would be factors. But if we have a normal ass year I’m nearly certain the market cap will be closer to what I’m forecasting than what you’re forecasting

Mentions:#CAPEX

There are better ways to incentivize that behavior so it more broadly encourages manufacturing in the US than just handing out money. Handing out money to the bottom of the economy produces more positive outcomes, not necessarily better in the aggregate, but it touches more things. CAPEX tax breaks are better at more broadly incentivizing onshore investment, but the tax rate needs to be high enough to maximize the utility of this.

Mentions:#CAPEX

I can’t wait to hear about these ROI success stories this year. I’ll ask ChatGPT about his thought in Q3/4. I might even get me a generated meme that tells the story. It will look great in a PowerPoint presentation. As to your CAPEX assumption, this shit isn’t a turnkey solution. It needs a lot of specialized manpower, which is in short supply. You’ll also need a lot of legal advice just to cover your ass when AI starts to make decisions that affect the business.

Mentions:#ROI#CAPEX

Stop trying to make Intel happen. 10 billion in grants is shit compared to 200 billion in CAPEX to rebuild their foundry business and being forced out of their most profitable business segment, China. And that’s without mentioning the strategic risk associated with their 4N5Y plan and their continued reliance on TSMC and lack of whale customers and DoD pulling out of their contract and being behind AMD and NVidia on AI and their CEO saying the company is fucked if this doesn’t work and then delaying their new fabs half built due to lack of demand and their completely misleading process labeling and their lack of domestic supply chains for critical components leaving them as vulnerable to disruption as TSMC and lack of a domestic skilled work force and huge regulatory hurdles to use this “free money” and … okay I think that’s it.

Mentions:#CAPEX#AMD

You would need a lot of CAPEX to replace JPOW

Mentions:#CAPEX
r/stocksSee Comment

Started doing a rough comparison between some surface numbers for CNQ compared to OXY, then threw in FANG since I recently closed out my position in that company. ROE: CNQ-20.8% OXY-15.4% FANG- 19.7% Profit margin: CNQ-22.8% OXY-13.2% FANG-37% Debt/equity: CNQ-0.28 OXY-.64% FANG-0.4 However, here's the interesting thing: Years of proven reserves: CNQ-32 years OXY- 10 years FANG-11 years. Your figures may vary on these last numbers. CNQ actually releases this number. For OXY I found their total proven reserves (3.8 billion barrrels) and their daily production (1.2 million barrels) to figure out how long those reserves should last. FANG I took information from their recent acquisition of Endeavor. The long term nature of CNQ's assets are astounding compared to their US counterparts which should result in lower CAPEX spending to find and drill new wells. The nature of oil sands production makes it relatively easy to expand and contract production, which is one reason CNQ was even profitable in 2020, which was basically the worst environment possible for oil companies.

I would say it's much worse for Jushi, as CBST has 92 retail locations already. Rec is nice, but they have a built-out national footprint. Jushi with VA and PA in medical only and with VA as a higher percentage of overall footprint hurt the most. Also on the positive side, CBST doesn't have to spend on CAPEX at a time where the balance sheet is most vulnerable. Hopefully Schedule 3 and uplisting come and they raise at much higher valuation and in a better place when Youngkin gets the boot.

Mentions:#CAPEX

Look at that line with Intel net assets: $110 billion. Intel didn't get that fat wad of cash by not doing nothing. That's all IP from the 2000's to 2018. During that era Intel had the best manufacturing tech, processes, and chip architecture (in general). That IP is exactly why Intel is able to spend like crazy on massive CAPEX for their future instead of being worried about things like selling off assets or bankruptcy. One way to look at the semiconductor manufacturing market is to seperate it into 3 tiers. * Tier 1 * Cutting edge tech, high IP, very high CAPEX in R&D to maintain. Very high profit margin. Think TSMC right now. * Tier 2 * 2nd tier - close to cutting edge. Still decent margins, but a lot of competition and you're kind of playing the "TSMC is out of fab capacity so lets go to them" - this is Samsung and Intel right now. Arguably, Samsung is ontop of Intel in this segment too. * Tier 3 * Commodity. This is the UMC's, GloFlo, Infineon, STMicro, etc. TSMC and Samsung also have some fabs at this low margin area. * Each of these companies may have some cutting edge packaging tech and materials tech in their own specific niche, but in general, they are competing are cheap wafers. * For example, Infineon makes a fat margin on their SiC and GaN products and UMC does every type of packaging imaginable. GloFlo is a lost child here, they have little to offer - which is why they're chasing that government money. maybe that's their niche in the future.

Mentions:#IP#CAPEX#UMC

Meta’s advertising revenues have skyrocketed almost doubling Y/Y…when asked about this on their 10-Q call, they said it was because they bought something like 200,000 h-100’s and then Zuck said they were committed to buying an additional 600,000 h-100’s. Microsoft is doing the same thing for their Chat GPT and Co-Pilot products…products which are the biggest revenue drivers in the entire company. Both these two companies invested their CAPEX highly in NVDA chips and their revenue increased, their margins expanded, and their stock 🚀’ed. This is the catalyst that will make the rest of US Enterprise and Sovereign Nations follow suit thus flooding NVDA with years of demand. Like I said, it’s a once in a generation find. $$

Mentions:#CAPEX#NVDA

Not touching it until they get their fab situation stabilized. The CAPEX they're doing has the ability to crush the company if they slip up.

Mentions:#CAPEX

There is NO TOP when EVERY INDUSTRY has to do CAPEX to catch up to AI EFFICIENCIES. Corporations have been dumping Humans to add AI. This trend will continue in a forever cycle. And just when you think it's done... FASTER GPUs and chips are introduced and have to be incorporated. NVDA $5K ![img](emote|t5_2th52|27189)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)

Nothing has changed with their business model except the CEO starting throwing the word AI Round everywhere. It will have no effect on their revenue. No fortune 500 CIO/CTO said wow Dell is now AI ready we should drop suppliers and move to Dell. It’s short term hype as most Fortune 500’s would rather go to Azure/AWS for AL/ML functionality with an OPEX model vs invest in CAPEX dollars or long lease terms to setup specialized infrastructure in their own data center. Maybe 2-3 years from now if the cloud providers run into capacity bottlenecks but not something we’ll see in the short term. If anything it’s the same investment dollars shifted from one IT Project to another.

1- Well, Investing in **Non-Earning** (*EPS & Net Income Negative!*) **Businesses** is always a Tricky Thing, because the **Guidance** will have more Weight on the Investors' Perception of the Future of this Business. https://preview.redd.it/usk1w3466xlc1.png?width=2400&format=png&auto=webp&s=6a6c970d1d33c1cf18024d9291548085443d48e9 **Earnings (EPS)** and **Price Appreciation (Chg.%)** are not always **Correlated**, we can often see several lags between them. As an Investor you have to recognize if they are an Opportunity or Not. You have to **Pay Attention** to the **Margins**: - **Gross Margin (%)** - *$NET have over 70% GM, this is Good!* - **Operating Margin (%)** - *Negative, Related to COGS* - **Profit/Net Income Margin (%)** - *Negative, Related to Operating Expenses (OPEX) and Taxes (EBIT & EBITDA).* - **Free Cash Flow Margin (%)** - *Positive, this also Good. Operating Cash Flow - CAPEX = FCF.* And then Compare It with Industry Peers :P Here you will see if the Company has any **Competitive Advantage** or Not. And also if have **MOAT** or Not. Looking all this (a DD is more Deeper than this!) you will can decide if this Company is a Good Choice or Not :P

What do you mean they didn't bet on it? They fully expect their mobile, desktop, and server line to use 18A when it launches in 2025. Intel's node lineup will look like this by end of 2025: Intel 12, Intel 7, Intel 4, Intel 3, Intel 20A, and Intel 18A. 4 and 20A will be dropped, as 3 and 18A are their direct, improved, library complete replacements. So Intel makes and packages their chips: Base tile is in house, compute title is in house. So for SOC and IO, their options are: Divert limited Intel 3 production to IO and SOC. Or downgrade and use Intel 7. Or use 18A, their most expensive and limited node (why would they do that? The whole point of disaggregation is to put less IPs on more mature, cheaper nodes). For GPU: Intel will use TSMC until at least Celestial: GPU requires huge CAPEX to do internally, TSMC has a lot of pre-existing knowledge on making GPUs, Intel 7 can't be used for this, 20A and 4 don't have HD libraries. Intel plans to be 80% in house, 20% outsourced, and absolutely intends to use 18A. Not sure what you mean otherwise.

Mentions:#CAPEX#HD
r/stocksSee Comment

Wel your first mistake is comparing two companies that aren’t in the same industry. Does First Solar have 50% of the global micro inverter market? Why aren’t you comparing First Solar to a company that does the same as First Solar? Compare it to Canadian Solar and then you’ll see that First Solar isn’t cheap at all. Canadian solar has more revenue growth, double the revenue and more operating cash flow. The only reason they don’t have more free cash flow is because they currently have high CAPEX due to creating manufacturing plants in the US. And yet they are worth 1.4 billion in market cap.

Mentions:#CAPEX

OP, the halving is a bad event for miners. Their revenues drop, and then must allocate more CAPEX budget to keep up with the arms race. This is all regardless of price. Getting heavily invested in $riot before the halving would be a highly regarded move indeed. Source: been mining btc since 2011.

Mentions:#CAPEX

You can make an argument that AMZN should have a larger market cap, but revenue alone is incredibly stupid. I understand the AWS margins are nice, but they freely admit to taking a loss on the retail portion of their business, which is how they generate most of their revenue. They also have historically leaned heavily on CAPEX which is why their profits are so low.

Mentions:#AMZN#CAPEX
r/stocksSee Comment

Foundry business requires huge CAPEX, and for this reason, TSMC and Samsung's multiple should not be given equal to NVDA. And most importantly, forward PE wise NVDA is 30 someting level, and it's earnings will certainly increase for some time. I say value wise NVDA is cheeper than those two foundry stocks.

Mentions:#CAPEX#NVDA
r/stocksSee Comment

That is already here tbh. Companies are firing people to spend money on CAPEX for chips

Mentions:#CAPEX
r/stocksSee Comment

CSIQ is mainly doing utility-scale projects. Their clients are essentially governments and utilities, not direct consumers. Private utilities are sensitive to interest rates and have reduced their CAPEX in the last couple years, but it hasn't impacted CSIQ growth all that much. The expension of utility-scale projects hasn't slowed down, even with lower oil price.

Mentions:#CSIQ#CAPEX

I mean, what is market cap exactly? Do economic downturns impact business outlook and expectations of future earnings? Things being solid today don't guarantee much, especially in something so exposed to CAPEX. I am talking longer term. I wouldn't be shocked to see $1000 by EOM

Mentions:#CAPEX
r/stocksSee Comment

Go look around. Nvidia is controlling CAPEX for all tech. Companies are only spending money on chips and firing people. Job opening are at an all time low in tech because of that and high interest rates AI is literally the only thing working in tech.

Mentions:#CAPEX

Hosting your resources in Cloud is still $$$ especially if you need to scale. People have been saying everyone is moving to the cloud for 10+ years. It’s slow and gradual and not a longterm fiscal advantage for many companies currently. I’ve seen companies move everything to cloud then go back to on-Prem due to CAPEX pressure, it’s not a one size fits all. Source: In Cloud Security

Mentions:#CAPEX
r/stocksSee Comment

ASML and FICO are currently my largest two positions so those. One has a unique monopoly on the lithography technology we use to progress Moore's law. The other has a chokehold on credit scoring for individuals and a growing software business that it recently finished it's latest CAPEX cycle on. I think both are currently overvalued and a bit hot, but I invested at lower prices and would be happy to buy on any drawdown.

>They are cash flow positive, they dont need any more delution to grow their business https://preview.redd.it/8jnx4lim4ljc1.jpeg?width=1167&format=pjpg&auto=webp&s=93626d25f5654ce701d52a145c4fdad2f89dbb95 2- Free Cash Flow depends of Net Income too + Tangible (*issue shares for compensation*) & Intangible Assets (D&A) Operating Cash Flow - CAPEX = FCF

Mentions:#CAPEX#FCF
r/stocksSee Comment

Winter is coming for tech industry in USA. Thank the Fed who printed $10T during Covid , tech companies hired tons of people in order to show more revenue growth. Now when Fed realized they made a big mistake and let inflation run for 2 years. They tightened and will keep it tightened until there is another black sheep event like Covid. In the meantime, investors are now focused on profit and productivity over revenue growth, hence companies are spending their CAPEX money on AI chips and productivity tools. So the money needs to come from somewhere, and it’s coming from laying off people which is the biggest expense of any company. Tech boom is over

Mentions:#CAPEX
r/stocksSee Comment

Maybe for Nasdaq. Not for Nvidia. Nvidia stock is up everyday bcoz of AI, companies are firing people and putting more CAPEX money in chips . Everyone knows this market gains is literally held together by only 10 or so stocks . Everything else has literally been sub par for many years now.

Mentions:#CAPEX
r/stocksSee Comment

“Earnings isn’t the only factor to evaluate a company” Yes, but no. Discounted cash flow models, Gordon growth models, the capital asset pricing model, these are all quantitative cash flow models investment bankers rely on. NVIDIA initially took off because of an improved earnings report and revenue guidance. INTC is restructuring right now and making strategic investments in their foundry businesses. Their PE is understandably somewhat hindered because of their CAPEX, when you make adjustments to their financials for it things begin to make sense. AMD is burning through money chasing AI Moby dick and issuing shares to fund it. If their MI300x isn’t as catchy as everyone thinks and the industry innovates in a big way they’ll be sitting on a pile of expensive paperweights. I like INTC because it’s not as wrapped up in the AI competition. They’re not burning through resources irresponsibly to make 4 years of innovation in 6 months.

r/stocksSee Comment

This. Particularly because in a lot of areas, they've recently flipped the switch from CAPEX growth to profit optimization.

Mentions:#CAPEX
r/stocksSee Comment

Free cash flow is still THE way to value a business, you could make an argument for free cash flow per share yes. But I don't see AAPL as a god when it comes to FCF. Their FCF increased a bit more than 10% since 2021, and they are not increasing their capital expenditure at all. Microsoft, Google, Meta and Amazon are increasing their FCF a lot more percentage wise while investing a lot more in CAPEX as well. Amazon increased their FCF 50 billion year on year. While Apple FCF decreased by 12 billion, all due to less operating cash flow. This is why Apple is under performing the market.

It's only 100x as much as the annual CAPEX of the company that makes half the world's chips

Mentions:#CAPEX
r/stocksSee Comment

TSM not only builds the largest chip designer chips, but they’ll be building the chips for Amazon, Google, Meta, etc etc  And they should have the Arizona fab up soon along with the Germany fab. Then the more advanced fabs up by 2027. They’ve prepared for the CAPEX and are positioned well

Mentions:#TSM#CAPEX

Idk shit about SPOT but a lot of companies aren’t profitable when they’re going through growth periods. High CAPEX can make it seem unprofitable in the short term but the profits will come.

Mentions:#SPOT#CAPEX

Sadly, no share buybacks tonight--these lying, cheating bondholders took their pound of flesh with "interest" seemingly not allowing sufficient cash for buybacks yet, since they're pouring huge amounts in CAPEX still. However, the PUBLIC SECTOR is compounding at an astronomical rate from a powerful BASE as I had indicated would occur previously to what will become unimaginable TOP LINE REVENUE GROWTH with very healthy margins. Public Markets is on a nearly $2B "annualized" revenue CAGR'ng at 11.5 percent quarterly or 54.6 percent ANNUALLY and that's barely the TIP of the ICEBERG of Federal, Military and every U.S State excluding "new product" Tam's being developed in REAL TIME. Kate put those new products before Black Lotus "security" features with a $40B TAM. Public Sector $495 14.8% 11.5%

What is CAPEX

Mentions:#CAPEX

lol make their own chips. The CAPEX needed for that is enormous. Not their focus, they hire TSM to produce their chips

Mentions:#CAPEX#TSM

DDS valuation is being driven by shorts continuing to try to beat the company down. But with its small float and the company being cash positive to debt and being cash flow positive, management just keeps buying in their stock smoking the shorts. I only see DDS continuing to go higher as the % short is still too high. I think sentiment on these retailers is way too negative. All the shorts say they are all going the way of Sears. I heard the same thing when I was buying GME as shorts kept saying Blockbuster. We see how wrong they got that situation. I have a position in M. Revenue has been fairly flat the last few years despite store closures (4x bigger than DDS). But M has been opening small footprint stores similar to JTX and is projected sales growth in 2024. With debt at $3B and no maturities due til 2028, debt is not on issue with M in light of their $2B+ of EBITDA and huge positive cash flow. M spent heavily on CAPEX in 2023 and that should subside in 2024 allowing for buy backs. On top of that, I think Sycamore will make a play for M offering $32-35/share to take them private adding to their portfolio of retailers. I do not have an opinion on Kohls or Nordstrom. I do not see any going out of business anytime soon. If anything, I would see PE making another play for KSS.

r/stocksSee Comment

Yes, if you want to value differently from price to operating cash flow, then yes you shouldn’t value it by using price to operating cash flow as a multiple. I have studied accounting, although not in the US. But maintenance is usually taken into the operating expenses in the P&L. The capital expenditure is investments into PPE, not the maintenance of these assets. That’s why it’s categorised under investing cash flow. Maintenance of buildings isn’t really an investment. Meaning the maintenance of buildings and PPE is already taken into account by decreasing the operating cashflow. While investment in assets happens in the investing cash flow.And as Amazon is really PPE investment dependent while they are growing Amazon should be valued on the basis of operating cash flow as pretty much every stock analyst does when looking at Amazon. Although this will soon change as Amazon is decreasing their CAPEX fast. Lastly I completely disagree with having to subtract SBC. I mean you didn’t really specify what your end goal is so sure if you want to see the pure free cash flow. Go ahead and subtract it. But if you think a MSFT share is worth 400$ and they are just giving these away by the billions it should definitely be looked at as you’re being diluted.

Mentions:#CAPEX#MSFT
r/stocksSee Comment

I have read the earnings report and listened to the call—that’s what inspired me to make til the post. Wolfspeed grows Silicon Carbide crystals, makes them into wafers, and either sell the wafers to other device manufacturers or use the wafers to make their own devices. The ‘devices’ largely consist of MOSFETs. If you are unfamiliar with MOSFETs they essentially are a gate that has the ability to modulate power flow. In simple terms, it’s how an electric vehicle can change power flow from battery to drivetrain when pressing the accelerator part way vs punching it. MOSFETs are used in numerous other electronic applications for the same power modulation purpose. Examples include renewable energy inverters, manufacturing, cell phones, computers etc. While MOSFETs have been commonplace in electronics for decades, they have been made of Si, not SiC. SiC is significantly more efficient (also more difficult to grow the crystals) and therefore favored in applications where efficiency is critical, like in EVs. My thesis is that as supply of SiC grows, the number of sensible uses also grow as costs become more competitive with traditional Si MOSFETs. Couple that with increased electrification writ large and the Total Addressable Market for SiC has potential for immense growth. Yes, cash burn seems scary, but if you are quickly expanding production to satisfy market demand, taking on debt to do so is only sensible. This business has large upfront CAPEX as they are essentially making new tools to create these 200 mm SiC boules for the first time, but they have already been successful in doing so which means it’s largely rinse and repeat at this point as they expand their Siler City Facility. Haven’t even mentioned yet that there appears to be significant demand for their devices based on number of design wins. I appreciate your questions and agree SPY strategy is much safer/better way to secure financial independence. I am sufficiently investing in SPY and other low risk assets and just have fun with individual stocks with whatever leftovers I am fortunate enough to have.

Mentions:#CAPEX#SPY
r/stocksSee Comment

Not really similar to META. The reason why Meta went all the way down to below $100 isn’t because no one uses it, it’s because of their hefty investment on their Reality Labs that is getting them to nowhere and also the iOS privacy changes that could affect their revenue short term. It shot right back up when they reduce their CAPEX on reality labs and people started to find out that their revenue decline was over exaggerated by the media

Mentions:#CAPEX

You sound like a APE trying to drum up interest in AMC, but you asked and here is some info I can provide as to why AMC is a bad investment. 1. Market Cap is about 1.1 billion, not 875 million. You are not factoring in all the known shares from dilution in December. 2. With the current box office, without further dilution, they will very likely be almost out of cash by middle of the year. 3. They have massive debt (par value about 2.8 billion) coming due in 2026 which they need to get moving on paying down (there is additional debt due later on). Only viable way for them to pay this down is dilution. 4. They are very behind on CAPEX spending, I would estimate between 500 million - 1 billion. This shortfall will start causing them to lose ticket sales over time. Only viable approach now to rectify this is via dilution. 5. Compared to CNK with CNK's better fundamentals it seems to me that AMC is overvalued substantially. 6. Short interest at around 10% is not very interesting to someone chasing a squeeze. End of the day, AMC is in a position where it needs to dilute heavily this year and next to survive but with dilution causing the share price to plunge, would expect much the same. At some point the share price will decline too much to allow for raising sufficient funds and bankruptcy may become inevitable.

r/stocksSee Comment

Absolutely this would be a disaster IF this was anyone else but we're currently in an "AI Bubble" and the current stock price (even AH), has to do more with the expectation of fiscal growth with their MI300 portfolio (+ every quarter). As long as they have that AI umbrella over them, analysts will give AMD a buffer. It's AI or bust for AMD. Sure data center and non-AI infrastructure still makes them money but their bread & butter is now AI (Instinct) going forward. I'd also like to see the impact on their growth as FEDs start to lower interest rates. Once interest rates start to lower, CAPEX will be more plentiful.

Mentions:#AMD#CAPEX

IO loans allow for a company to “boost” their DSCR in order to make distributions, or obtain additional financing. Without a principal portion of LTD, there is no current portion (due within one year) recorded on the current liabilities section of a balance sheet. (Boosts ratios lenders care about) Currently alot of DSCRs are beginning to fail due to lower revenue and higher OPEX (we dont include CAPEX, it depends on the asset, again boosting DSCR) Now, take a company that doesn’t make any money (net loss), they need need financing in order to obtain cash to operate. Something also people will soon hear alot of is asset impairment charges (FMV less than book value), doesnt even matter about HTM portfolios, auditors will make you book an impairment charge, no if ands or buts.

Mentions:#DSCR#CAPEX
r/stocksSee Comment

I'm having a good year but it's just barely started. I'm looking at the next 5-10 years and suspecting these two will massively overperform. The general thesis is pretty much this, NFLX won the streaming war a few years ago the market just hasn't realised it. They are the only self sustaining streaming service with positive FCF. TimeWarner and others making deals to let Netflix stream their movies etc like Dune and Band of Brothers, is essentially them admitting they have lost. Disney+ will probably become profitable at some point but it's definitely in the distant future at this rate. AMZN has the biggest market share of the world's fastest growing market, online retail, plus their AWS basically just prints money, their advertisement business is better than an actual gold mine. They aren't a very lean company due to high CAPEX but that should slow over time as they won't infinitely need to build more distribution centres, at least not within the US. I do expect some bumps along the road but over the next 5-10 years i expect both of these companies to at a minimum double.

r/stocksSee Comment

It is fair for 10 years of growth. Companies cannot grow at 25% forever. But that point is moot because Tesla is not growing, it is in fact shrinking its net income. It seems questionable that Tesla will grow at all, let alone at 25%. Their current lineup will not see margin expansion, and the mythical $25k car they have been talking about for the last 10 years would have margins so thin, it would take many years just to break even on the CAPEX needed to produce them.

Mentions:#CAPEX
r/investingSee Comment

I use Bing over Google these days and it’s generally better. It’s also extremely handy having free gpt4 available for getting quick answers instead of sitting through SEO’d search results on Google. The only area I find Google better is for local search results for businesses etc, although Bing isn’t as awful as it used to be. And I live outside of the U.S. btw, where Bing has typically been shit. Aside from that I talk to many people these days using ChatGPT+ (which also ironically uses Bing) and raving about it, saying they hardly Google things anymore. Bing’s problem these days isn’t search results, it’s actually good. Its problem is branding. But Microsoft seems to be slowly shifting the Bing brand to copilot which is a smart move IMO. The bigger macro problem here for Google is that for the first time ever they have competition. Whether it’s ChatGPT+ or Bing/Copilot it doesn’t matter. If they do nothing they’ll slowly lose some market share over time, and this is their cash cow, their moat. It’ll be a similar situation to Microsoft & Windows when smart phones entered the scene. But unlike Microsoft back then which had a huge enterprise business and was second in cloud, where does Google have to pivot? If they choose to fight (which they are doing) it’s massively CAPEX intensive. This will directly result in lowering the profit they make from search unless they put prices up, and I can tell you companies are already complaining how expensive Google advertising is, and are looking for anyone (meta, Microsoft, anyone) to come in and disrupt Google’s pricing model. So from an investor perspective, where does “line go up” come from? Google is already pretty lean too, altho in terms of OPEX they have a lot of perks internally. But cut those are you kill the culture of the company.

Mentions:#CAPEX
r/stocksSee Comment

I've been researching Eagle Materials (EXP) quite a bit lately. The cement business is fascinating, as each plant is basically a local monopoly due to transportation costs. Also, Demand has outpaced capacity in the US for a while. [Here](https://concretefinancialinsights.com/us-cement-industry-data) is some data about cement production. US production has increased at a 2.7% CAGR over the 10 year sending in 2022 while imports have increased at a 14.5% CAGR over the same timeframe. Importing cement is generally more expensive than producing it locally due to shipping costs. Eagle mentions in their SEC filings that "Our Cement business remains in a near sold-out position. We expect demand for cement to remain strong with increased federal funding from the Infrastructure Investments and Jobs Act for public construction and repair projects; continued high allocations from state budgets for additional infrastructure projects; and growth in heavy industrial projects." So basically, they're selling all they can produce for the foreseeable future. So why EXP? They have the highest ROE of any of their peers, by far. EXP put up an ROE of 39.7%. In comparison, MLM was at 14.9%, VMC was 11.7%, and SUM was 14.7%. Eagle makes it clear that they strive for efficiency. They invest in CAPEX to keep their operations running smoothly. In their annual reports, management emphasizes keeping plants in 'like new' condition. I like this form of long term thinking. Pay a little now to save a lot later. They also generate enough cash to fund CAPEX, drastically reduce share count, and also make acquisitions. Last year they purchased an import terminal in Stockton, CA to boost their import ability.

r/wallstreetbetsSee Comment

Yes. They are like housing. Supply demand mismatch extrapolated into infinity. Companies (nor people) can even afford that level of CAPEX on an ongoing basis as the stock would imply.

Mentions:#CAPEX
r/stocksSee Comment

The automotive industry got much more competitive and China has subsidized their players even more than western companies have been subsidized. So you get an ultra competitive, quickly changing, CAPEX intense industry where everyone is fighting over the same pie that's also shrinking in size since inflation puts many people under pressure. Car stocks don't do too well in general.

Mentions:#CAPEX
r/stocksSee Comment

It’s free cash flows, which is ultimately calculated as net operating profit after tax less the change in net operating assets. This isn’t just an approximation - it’s a mathematical identity. The cash flows from operating activities less CAPEX formula that’s taught in entry level finance courses is usually the same or very close, but it’s not technically correct because there are certain differences. For instance, taxes on interest expense are included in the “net income figure” in the operating cash flows section, but taxes on interest expense are NOT part of operating earnings from a free cash flow perspective. The (cash flow from operations - CAPEX) formula isn’t capable of distinguishing between taxes from operating vs non-operating sources of income and expense.

Mentions:#CAPEX
r/stocksSee Comment

Hey man i used the IFRS statements when building my model so it’s already reconciled back in. As for my TV, I did a sanity check where I reconciled between the formula %Earnings Reinvested x %ROIC = %Growth %Earnings reinvested taking into account R&D Cost and CapEX. Keeping my %ROIC in line with historic numbers and that led to my NOPAT being 80x TV which sounds ludicrous but it fits the historic bill. But I think UBI has been experiencing negative growth for my entire forecast it’s a bit hard to see how to forecast CAPEX and D&A in line with historic numbers, I think it’s too granular of an assumption to assume any deviation from historic.

Mentions:#ROIC#CAPEX
r/wallstreetbetsSee Comment

2. You also have to consider how Leveraged (*Debt Ratios*) is the Business. https://preview.redd.it/jwckicg1r8bc1.png?width=943&format=png&auto=webp&s=1ee981e32fccb6972a89d0625f89bd5f795461c4 And if they are Profitable in their Invesments (ROIC)... You know, its not bad if a Company Issue More Debt, the problem is when that Capital stills Unprofitable. All this depends on serveral Operating Factors (*COGS, SG&A, OI, OCF, CAPEX, D&A, PP&E, FCF, WC, etc*) **But the Main Driver of Stock Performance (*****Return %*****) is the Company's Ability to generate Profits (EPS)**

r/wallstreetbetsSee Comment

If we have rates below 3% that means we would hit a major recession…. Honestly even if we hit a major recession dropping rates below 3% would still royally fuck the working class (not that they care) because everyone would be buying up real estate with their equity from there homes starting another 2021-2023 bidding war on steroids. Companies would also immediately start CAPEX spending for the stuff they have been putting off for the last 2 years. However it could prolong/ ward off the CRE crash, keeping banks solvent. Lots of positives and negatives.

Mentions:#CAPEX
r/stocksSee Comment

I personally don't think there is any money to be made in this industry. Too much competition, low margins, huge R&D, huge CAPEX.

Mentions:#CAPEX
r/stocksSee Comment

Piggybacking off prior conversations on compounding serial acquirers, I decided to break my investment fast and start putting together a position in Roper Technologies. From what I've researched, I genuinely love their approach to management (hiring based on talent, keeping a small central M&A team, industry agnostic software focus, and focusing on cash flows from the top down). Most of their deals come from private equity but they just seem to find great businesses to acquire which come with better operating metrics than the parent company. Aderant is a great example of what great M&A should be. They dominate the ERP niche for legal firms, which gives them significant pricing power over the long term. Their services are entrenched within each niche and those services create very painful switching costs. Post-acquisition, Roper offers their deep pockets for the occasional development cycles, but rarely has to expend much CAPEX. Roper is not a cheap company to own, but *insert Warren Buffett quote here.

Mentions:#CAPEX
r/investingSee Comment

OK, buy some shares. Foran mining, FOM is the symbol on the toronto stock exchange, currently about $4 per share, about $3 US, so $500 will get you about 160 shares. Just sit on it. They are in the final build out of a huge zinc-copper mine that will be done in 1.5 years. Once in production it will head for $50 and will reach that in year 4 of production when the mine build capital expenditure has been paid off (CAPEX pay down). After that it will give you 40-60 years of dividends before the mine is worked out at $5-10 per share annually

Mentions:#CAPEX
r/wallstreetbetsSee Comment

Some additional explanation: Between March 2011 and end 2017 the uranium sector was in ovesupply. That oversupply created a stockpile that was used to fill the huge global gap since early 2018 between the global annual demand and the global annual uranium production. That was nice, until there wasn't any stockpile of the past left... **And according to my calculations** (I posted a detailled report on that point in August 2023) **and calculations of others that commercially available stockpile is now depleted or very close to be depleted.** (And since September 2023 we actually noticed it in the uranium spotmarket) By consequence, all of a sudden there is nothing left to fill that huge annual gap... Now the only solution is to get more uranium production online and fast. But restarts of the few small uranium mines in care-and-maintenance remaining today **takes time** (UR-Energy (1Mlb by early2025), Energy Fuels (1.2Mlb by early 2025), EnCore Energy (1.3Mlb in 2024, ...), **and those small future productions are very positive for those companies and of strategic importance for the USA, but will not solve the global annual deficit.** So new mines are needed. A couple examples: Arrow project of Nexgen Energy needs at least 4 years of construction, and today they are not ready to start the mine construction Dasa project of Global Atomic uranium production has been delayed by 1 year, from early 2025 to early 2026. The DASA production is in construction as we speak. Phoenix project of Denison Mines: estimated production start in 2027. Denison Mines has the advantage to have a physical uranium stockpile of 2.3Mlb that they will be able to sell at a higher price than the price today in 2025 to finance the construction of the Phoenix project. At today's uranium price that 2.3Mlb uranium stockpile already finances 75% of the CAPEX of the Phoenix project. ... Cheers

Mentions:#CAPEX
r/wallstreetbetsSee Comment

Salaries of R&D are usually categorized as capex. But that can go all the way up to anything that might be considered as “being used to generate more revenue in the future” I saw myself call center expenses being categorized as CAPEX.

Mentions:#CAPEX
r/wallstreetbetsSee Comment

Companies push everything to CAPEX (investment in theory to make more revenue ahead). CAPEX stays “below” the ebitda in the p&l

Mentions:#CAPEX
r/stocksSee Comment

They generate 1 billion adjusted EBITDA from 4 smaller parks. Once they open this one, which is going to be massive, they’ll be able to cut on CAPEX too.

Mentions:#CAPEX
r/wallstreetbetsSee Comment

Nah, not at all. You're looking at it exactly the right way. Several years back I worked as controller for a PE firm whose primary function was to acquire and then manage companies that rent/sell/manage traffic control devices. You are spot-on with your CAPEX assessment. Pretty much the only thing those guys ever cared about was EBITDA. They never ever looked at their companies' net incomes. They didn't care at all. It was allll about managing CAPEX. That said, as an accountant with that same firm I would see all the time shit get assigned a "useful life" of 4 years or 7 years or whatever, because that is the "industry standard," while knowing full well that a piece of equipment is going to be used well beyond 4-7 years.

Mentions:#CAPEX
r/stocksSee Comment

Some of these comments are insufferable. Funny how they gloss over the fact that $34.9B saved implies every one of these employees wouldn't find employment elsewhere. Nah, they'd rather focus on your 70% number. Even if it's 50% at 75% of previous pay the point remains it didn't save $34.9B. At best they made a small net profit but what's more likely is when you factor in opportunity costs (the money and keeping a cancerous zombie company alive) this was a black eye on perception (no accountability) and a losing bet. I understand and appreciate the desire to keep high CAPEX, low margin (as previously constructed) vehicle part assemblers (they're hardly US made) alive for the sake of the workers but it's painfully obvious this buyback is 100% short term focused because they know the end is near. Executives basically said fuck everyone else let's get our rafts and GTFO of this sinking ship. But don't tell anyone because we wouldn't want to cause panic. Wallstreet couldn't care less because they're only looking at the next few months and to them this is a decent trade because it will buoy the stock until the next earnings report where GM tries to move the goalposts and kick the problems down the road again.

Mentions:#CAPEX#GM
r/pennystocksSee Comment

The EV charging companies like EVGO and Chargepoint are going to have a rough ride ahead of them. EV is not selling well--partly because there are not enough charging stations. And the charging stations need a great deal of CAPEX to expand before they get the cash flow. Meanwhile, EV cars are not selling as quickly as expected. And the EV carmakers are pulling back on their production plans. The shorts are having fun with these stocks.

Mentions:#EVGO#CAPEX
r/wallstreetbetsSee Comment

Funds have 3 sources of data: 1) internal data: funds go to banks to buy/sell securities. They record all the spreads they are given (bid/ask) by every bank broker they work with. That gives them some indication about price movement. The larger the fund, the more position they have, the more sell side banks they work with and thus the more data they have. 2) external data purchases. You have a lot of data providers that specialize in collecting specific information for financial firms. They sell this data to funds, institutional investors, insurance companies, asset managers and any other organization that can pay for it. Basic databases include bloomberg, reuters etc. Then you have specialized data sets that are sold for literally a million or two a year 3) external advisory: clients of big banks have access to some of their research and, provided they have decent relationships with the salespeople, can also be given very valuable insights. This is contingent on their importance for the bank’s balance sheet, or whether they pay for advisory services. The baseline is, small funds with a few millions to invest don’t have the OPEX nor the CAPEX to access these sources. So they struggle more and more

Mentions:#CAPEX
r/wallstreetbetsSee Comment

It is the best use for those assets they found. And that signals 2 things: 1) Very bad management, out of mind, completely crazy 2) As per their internal growth plan, metric and pipeline, the business today is trading at a huge, massive, immense discount and they went with a 30% "privatization" of the company I have no reason to bet on 1) as the business has had a significant CAPEX invested recently to improve the platform tech and launch new products (which is consistent with good management decisions) to remain competitive in the market As I said, I won't bore with fundamental analysis in WSB.

Mentions:#CAPEX
r/stocksSee Comment

Nvidia and PLTR are the best AI plays for a reason. Both stock up more than 200% this year with still a lot of fuel left in the tank. Both stocks are at their ATHs. With CAPEX for AI going up 25-30% next year for tech companies. It’s still very early to get in chip. No company can catch up Nvidia H100 Gen AI chips for the next 5-10 years

Mentions:#PLTR#CAPEX
r/stocksSee Comment

It could be a good turnaround opportunity, but they have to improve their margins. My issue with Disney has always been their CAPEX and how much cash flow it eats up. With $6Bln over the next decade it just feels like they’re throwing cash at a demand problem (remodeling their cruise lines which has suffered since Covid), and they had to leverage up to do so. Very risky since remodeling hotels and ships won’t necessarily increase demand for said segments. Not like Disney is known for deferred maintenance in the quality of their experiences. In my opinion their biggest strength is their intangibles. Their cash flow per share is about 2-3x net tangible assets per share, which tells you the bulk of their cash flow is generated from intangibles. They totally overpaid for Fox though. Took their ROIC down to the 3%-5% level, it’s been there since, and that’s very mediocre. It’s the same range when you add the cost for the remainder of HULU, and consider 100% of the cash flow that generates. They’ll be lucky to see EPS be around 2018 levels by 2033. Especially against the uphill battle of wage inflation and labor unions. If they do return to 2018 levels in 10 years then it’s a pretty solid opportunity. But this is a lot of “what if”. And I don’t invest when an opportunity is based on “what if”. It’s possible they could end up pulling a Kaiser Industries and spin off a lot of what they have, to really unlock value for shareholders, but I doubt that. Disney recently has just been doubling down in their recent convictions, throwing more cash at problems. Will it work? No clue.

Mentions:#CAPEX#ROIC
r/stocksSee Comment

Isn’t R&D literally a sunk cost by definition? The future revenue made on the innovations developed through R&D are independent of the costs to innovate said technology. (I guess you could argue that some of that R&D spend can be converted to CAPEX, that R&D was spent on equipment that is used directly to manufacture the new product.)

Mentions:#CAPEX
r/stocksSee Comment

Its a puzzle with a bazillion moving pieces and depends at what time frame youre looking at. From a longterm perspective we have continually missed major ESG targets and the demand for oil has only risen over time, and will likely keep rising for years to come, depending on who you ask its roughly 5-50 years till we hit peak oil demand. OPEC wants to bolster prices and has agreed to cut supply till about year end it has worked for the most part, 70+ WTI is generally a very profitable territory. Many companies have solid B/E pricing in the $30s and $40s. Overall the market is very moody, there will be violent price movements that are assigned to some specific reason that doesnt justify the price movements severity, a good example would be SPR draws and refills. It could just remain at current levels or slowly be drained or filled over 1-10 years time. Theres too many things to suggest, personally I like that oil stocks are yield high and trade cheaply. If a company has excellent reserves, trades at 2-3 PE and 1 PB, has an ROE of 20-30% annually, plans to return nearly 100% of earnings to shareholders through buybacks or dividends, and all at around $60-70 WTI, Ill invest in that company. At that rate it doesnt matter if oil is declining, the pay is too good to ignore. Another important aspect that if you are to invest in oil you dont invest in companies that are greedy, its important that they dont increase production too much in order to help maintain oil prices. OXY CEO has a great talk about this and explains why it will make oil investment more resilient. Only maintenance CAPEX is acceptable for the most part.

NO, the maximum annual production capacity of McArther River is only 25 million pounds/ year. To for instance double that annual capacity to 50 million pounds/year, Cameco/Orano would need to build additional shafts and froze walls (years needed for that), double their Material, Mining equipment, Labor force, ... This is not going to happen. Why? 1) They already had all difficulties to find enough labor force to restart the mine 2) They already revised their production estimates for 2023. The ramp up is more difficult than anticipated 3) economically speaking, it's not in their advantage to significantly increase their production cost and CAPEX, for a shorter life of mine. Cheers

Mentions:#CAPEX
r/wallstreetbetsSee Comment

Cutting CAPEX when everything is about AI doesn't paint the best picture about future prospects.

Mentions:#CAPEX
r/wallstreetbetsSee Comment

I don't know shit and every move I make is wrong - But, pretty sure both MSFT and GOOG said they are spending like a motherfudger on CAPEX - i.e NVDA.

r/wallstreetbetsSee Comment

I am sorry to hear that you had a rough patch. You are not “ stupid as fuck” as you say about yourself, but you always have to be prepared for losses when you play the market. Alot of the meme stocks and dumb shit some people made money on, are no horrible bets. The best advice I have to offer: don’t thin like a day trader thing about long term. You can lose money in a stock for 12 months just to have it turn around and double your value. Look at the actual business fundamentals of the stocks you are interested in, how are they trading compared to their CAPEX? If a stock is trading at 109% of the companies actual earning and profit l, it is over valued and you should bail Long term this is all about buying shares in companies that make a long term profit. Unless you like risk, then short sell and place daily beat based on shakey foundations till your heat is complete.

Mentions:#CAPEX
r/investingSee Comment

Historically real estate appreciates around 2-4% per year, CAPEX maintenance and taxes are usually around 5-8% (minimum), and interest rates are 7%. So you’re looking at a solid return of -9% or so.

Mentions:#CAPEX
r/SPACsSee Comment

>Dermtech did a reverse stock split and ultimately saw their shares trade north of the new warrant strike only to fall far later in life Dermtech did a one for two reverse split on 8/30/2019 when the business combination completed. That's a bit different than a reverse split to regain market compliance with the $1 per share minimum price limit. It may be "observation bias"; but if 100% of the deSPACs who have done reverse splits *in order to regain market compliance* have never had their warrants get anywhere close to in the money, then that tends to discourage folks from buying those post reverse split deSPAC warrants. As the IEA and TH examples show, companies that were in danger of delisting due to falling below the $1 threshold, that recover and get back above $1 without resorting to a reverse split, have a *slightly* better chance of having the warrants get in the money. ALTM did the one for 20 reverse split in July 2020. That was more than one year *before* the agreement with Eagle Claw on October 21, 2021. In the meantime, ALTM stock had risen to $88 per share in October 2021, because ALTM finished paying for all of the pipeline infrastructure, CAPEX dropped from $360 million for 2020 to $35 million for 2021, so ALTM became very profitable. ALTM started paying $1.50 per share quarterly dividend in December 2020, which was about a 14% dividend rate when it was announced and ALTM was trading around $44 per share. After that Apache agreement, KNTK stock has mostly been range bound, because as you wrote those Eagle Claw assets weren't particularly attractive, although it is still paying 75 cents per quarter ( after the 2 for 1 forward split in June 2022 ) dividend. Had ALTMW warrants in the portfolio, as well as IEAWW and THWWW; so am pretty familiar with all three.

r/investingSee Comment

Fabs: Intel is opening their fabs to external companies, which will be a huge revenue generator. The west is subsidizing this efforts with $Billions because Intel is the only western fab company capable of competing with TSMC and Samsung on leading nodes (both of which would be cut off to western companies if war in Asia over Taiwan broke out). Also, between TSMC N2 being likely pushed out to 2026, TSMC N3B being extremely mediocre, and N3E being a year late, Intel is (likely) going to beat TSMC to market with GAAFET and BSPD by a year or too, as well as have exclusive access to the first round of ASML' s HighNA EUV machines. TL;DR very strong chance of Intel passing TSMC in node design by 2025-2026 GPUs: this is an entirely new, $1T+ market that Intel has just entered. They have the resources to potentially unseat AMD as the #2 player in this market within 2 or 3 gens. Some people will dispute this, because they'll look at gaming reviews and see AMD beating Intel in rasterized performance, but within the first gen, Intel already has more more RT and ML performance on their cards, as well as better upscalers (XeSS). This kind of stuff is encouraging for Datacenter AI performance for their GPUs, where the money is The market has them priced with the expectation of failure mainly because they've been losing money or operating near break even for a year: but the reason is that they MASSIVELY increased CAPEX and NRE for investments that'll pay off in the 2nd half of the 2020s

r/wallstreetbetsSee Comment

I work in oil and gas. Yes things are slowing down. For the first time in the last 20 years, oil prices are very bullish, demand isnt wavering, and crude inventories are the lowest its been since the 70s, yet rigs are stacking. The rig count is down year to date, over 110 rigs. Operators are being more responsible with their CAPEX and are returning cash to shareholders more than ever before. Additionally, top tier acreage for operators to drill are dwindling, meaning the available locations left, will produce worse than the past few years. Operators are waking up to this and are refusing to drill themselves out of business, regardless of oil price. Its a unique situation never before seen in the industry. Additionally, the past 15 years of shale coupled with the green energy movement has left offshore development handicapped. There has been massive under investment in this space. The wells that produce the most oil and for longer, are billion dollar projects that take years of planning. These projects are way behind now. All of this added up, and leading up to an election will definitely make things spicy in energy going forward.

Mentions:#CAPEX
r/wallstreetbetsSee Comment

One thing I think it is **Important** to do, in addition to examining the Fundamentals (*Rev, EPS, OPEX, CAPEX, FCF, Debt, etc*) of the company, is to look at how it has **Performed (%)** in previous **Crises (*****Business Cycle, Recessions*****)** * DotCom Bubble (*1999-2002*) Nike Max DD% was -61.51% * GFC (*2007-2009*) Nike Max DD% was -39.29% * COVID (*2020*) Nike Max DD% was -35.29% https://preview.redd.it/5yxzip127tpb1.jpeg?width=1507&format=pjpg&auto=webp&s=f0dd2de3b4aa81c743b201e0902cc234b0d298de Here we can see how the price made a low (*White Arrows*), on 2 occasions, falling very close to or just below the **200-week moving average** (*4Y Avg*) before the next quarter's Earnings went negative. Does the market anticipate? Yes, sometimes it happens, you know, investors' and analysts' expectations depend on the **Macroeconomic Environment**, in both cases we had **High Interest Rates.** * From 2016 to 2019 the Fed was Hiking Rates. * In 2020 they Cut Rates (COVID) **TODAY...** We can see a **Contraction in their Margins**, **Operating Margin & Profit Margin, also FCF Margin is below his Average too.** As a result, **Nike's Share Price has fallen to near the 10-year moving average (SMA 500W).** ​ > Low debt, decent FCF, and mid teen eps growth according to analysts. Yes, but don't forget the **Business Cycle**, **Nike is a Cyclical Business**, so if the Economy has a downward trend in [Consumer Confidence](https://tradingeconomics.com/united-states/consumer-confidence) , [Business Confidence](https://tradingeconomics.com/united-states/business-confidence), Manufacturing Indices and the [Annual GDP Growth Rate](https://tradingeconomics.com/united-states/gdp-growth-annual) Falling, this Business will be Affected. *As almost all businesses do, but cyclical businesses react more aggressively* **If you ask me: It's a good opportunity to invest in Nike?** I would say yes, even if it falls a little below its 10-year average (*SMA 500W*) :D

Mentions:#CAPEX#FCF#DD
r/wallstreetbetsSee Comment

big tech prints money and dodges taxes also: boomer dow companies employ millions who labor under the hot sun and drill for oil out in the North Atlantic and shit... aka CAPEX... and deplete their resources (like minerals or input materials) big tech copies and pastes the same lines of code from 1999 and gets paid bigly every month from 7 billion users worldwide, forever that's why AAPL share buybacks are equal to something like the bottom 495 companies of the S&P combined

Mentions:#CAPEX#AAPL
r/stocksSee Comment

I recently read Security Analysis with commentary by contemporary investors. One of the points they made is that Ben Graham (the OG value investor) operated in a different environment. Back then, people cared if the shares they bought were "watered down" (more than the cost to replicate the business) and there were just more stocks that cheap. They also pointed out that value investing isn't a style that goes after a certain P/E or P/B. It looks for a margin of safety where it's being underpriced on a DCF basis (future earnings). Notably, value investor Warren Buffett changed styles when he joined up with Munger to look more at the long term future of a stock, which is why he talks about buying businesses he understands - that lets him think about their future. One of the reasons P/B is less relevant is that a lot of investment into the business (eg R&D) is considered OPEX and not CAPEX. Buybacks also reduce book value per share. Ultimately business are just not concerned anymore with making that number higher with their accounting because nobody really uses it. A negative number means there is more debt than assets on the books. There are still sectors where it can be relevant, such as banks and REITs. Their loans on the books or real estate owned should not be that disconnected from the value of the enterprise.

Mentions:#DCF#CAPEX
r/wallstreetbetsSee Comment

As you well know Oil Companies depend a lot on the Price of Oil, basically for 2 reasons ​ * **Production Costs**, they are companies that have a **High Level of CAPEX (*****PP&E*****)**, so most of these companies have a **High Level of Debt (*****Total Debt*****)** for cover their Operations * **They are extremely Cyclical Businesses**, i.e. Oil is a Leading Indicator of how the **Inflation Rate** will Fluctuate (*Inflation, Desinflation & Deflation, an important driver of Economic Growth: GDP Annual Growth Rate*) *This is also one of the reasons why Warren Buffett has invested in this company, he foresees a Long Period of Inflation and High rates.* **You have to pay attention to this:** As long as Inflation is Persistent in the Energy Sector, all well and good, but once this changes, the Share Price of these Companies may Correct Aggressively, just as much as the Price of Oil (*WTI*) **What happens when the price of oil falls as it did in 2020?** https://preview.redd.it/tnvodvsfn0pb1.jpeg?width=1513&format=pjpg&auto=webp&s=64695461f2790e5daadb1d269d4dbbb676946f31 When the Price of Oil falls, they have to cover their Production by issuing more Debt, issuing more Debt with a fall in Revenues and Earnings (EPS) due to the fall in the Price of Oil, their Stock Price SINKES at a terrifying speed. If you don't pay attention to this, to sell when conditions change, you basically have a chance to make Loss Porn in your Portfolio ![img](emote|t5_2th52|4275)

Mentions:#CAPEX#PP#WTI
r/wallstreetbetsSee Comment

ROE and ROA are good, **but I look more at the ROC or ROIC**, which really shows us if the company is profitable in its **investments before taxes (EBIT)**, this certainly has much more weight in the **Net Income (EPS)**. if Net Income (EPS) declines (*PFM*) **Operating Cash Flow (FCF)** will typically fall with it, especially in **Cyclical Businesses**, where **CAPEX continues to Increase**, resulting in a **fall in FCF** *1* **Interest Expenses** and *2* **CAPEX** tend to **Increase in times of Inflation**. First one affect the **Net Income (EPS)** and the second one affects the **FCF :D** https://preview.redd.it/2gfeq9jrfpob1.jpeg?width=1516&format=pjpg&auto=webp&s=fd49c03d94f92bb1a4f0a7011bf8721ce8aec5f7 **This basically means that DG has had to Finance its Operations with Debt, which has taken its Total Debt from $10B in May 2019 to $18B** (*increase*) **in the Last Quarter of 2023.** **Markets are not efficient,** in fact, they give a lot of margin to renowned companies, but there are moments (*Business cycle*) when they can no longer be "indulgent" with the direction the company is taking, like: *increasing debt and decreasing profits*. DG's share price has fallen to its 10-year moving average (500W MA), which is a good discount, bearing in mind that in the next few months its earnings and free cash flow may resume their upward trend :D

r/investingSee Comment

Almost minimum wage? Here’s a deal I have that will smoke any investment you can think of. $180k property 25k down payment 950/month PITI $1,450/month rents 20% of rents go straight to repair, CAPEX, Vacancy Net $210/mo. 2% inflation means my investment appreciates ~$3k/yr Principal pay down is $250/mo or another $3k All in IRR is $8,520 on a $25k investment.

Mentions:#CAPEX
r/wallstreetbetsSee Comment

AMC is in a terrible financial situation, even with the $325M raised (well that is before fees so the net is lower). This raise came at the price of seeing shareholder's of AMC and APE have their equity drop 50-90% in recent weeks. That is not good. Every ape is a bagholder now. Further, the money raised will only cover a small part of the CAPEX AMC is behind on or will only cover a small part of the debt. They still have over $3B in debt coming due in 2026 which will take multiple rounds of dilution to pay down sufficiently. Even assuming they can buy it all back for a 30% discount that is still over $2B they need to raise which would be at least another 6 rounds of this dilution. Assuming they even pull that off the share price should continue to decline a lot. Further, the box office for Q4, even factoring in Taylor is not looking good and AMC will lose a lot of money that quarter. But if we start looking forward to 2024... with the strike any chance of a continued improvement is going out the window and losses will be very significant further driving a need for dilution. Now I have no idea the exact timing of how the stock moves, but this company is in a death spiral of dilution that will see shareholder value disappear even if the company manages to delay bankruptcy further and further. Also, short interest is not that high here and cost to borrow is not that much, so hoping for some major squeeze is also ridiculous. Basically, invest in AMC if you like watching your money disappear.

r/stocksSee Comment

if I remember correctly, Intel is the only fab at this moment with orders at ASML for their new generation high NA (high numerical aperture) EUV photolithography system. this will give them an edge for sure, for getting to <2nm node. but can they manage the yield issues at the early stages if the process development, we will see… TSMC likely to prefer waiting some more years to switch to the high NA EUV systems, because they need to get the right ROI for the massive CAPEX of their existing EUV systems before they move up to the new systems…

r/investingSee Comment

I like CSIQ for the following reason: \- The industry is consolidating. Tier-1 MFGs from China are getting stronger & gaining market share. \- The strongest Tier-1 players have raised capital to vertically integrate and either strengthen gross margins or will drive weaker competitors out. \- CSIQ is guiding 30-35GW of shipments in 2023 and telegraphing 50 GW of cell capacity to start 2024 and 70 GW of cell capacity to start 2025. Cell capacity is what you should pay attention to because it is expensive CAPEX and MFGs will try to run utilization as close to 100% as possible. \- If shipment volume doubles in 2 years, based on what mgmt is telegraphing, top line revenue growth should be very healthy. Add on energy storage shipment growth, as well, and top line should be very strong in coming years. \- Poly, module ASPs and shipping costs have all normalized back to pre-COVID times now. It all whipped back so fast in the first six months of 2023. \- CSIQ is a survivor. If it can simply execute its growth plan, without any improvement in margins from vertical integration (assuming the benefit is competed away), its EPS should grow by at least 15-20% per year in a base case. \- The solar industry is growing from 300+ GW in 2023 to 1 TW by 2030. That is secular growth that Tier-1 China players like CSIQ, JKS, Trina, JASO, Long-I & Tongwei are poised to capture. \- I would think that deserves a market-level PE of 15x, but I would settle for a PE of 10x right now. \- People talk about solar module MFG being a low barrier to entry business, but if you have to vertically integrate MFG just to compete with the Tier-1s, and build a track record for bankability, and build out a sales & distribution channel all across the globe, all to earn \~5% net profit margins while competing ferociously against efficient Chinese-managed companies, what business in their right mind would want to do that?

r/wallstreetbetsSee Comment

A lender may add back depreciation but they will deduct a normalized amount of CAPEX instead. So not like you say.

Mentions:#CAPEX
r/wallstreetbetsSee Comment

Warren Buffett has long opined that you should treat Depr as an expense and ignore EBITDA. From a long-term investment view it makes sense as it recovers your cost of CAPEX. Short-term, Free Cash Flow might be a more important measure especially for a company flirting with bankruptcy.

Mentions:#CAPEX
r/wallstreetbetsSee Comment

Look at the cash flow statement and deduct the CAPEX from operating cash flow to get Free Cash Flow and for the 6 months that is about -300M. Your P&L is best looked at as showing you the long-term trend for how the business is doing, whereas cash flow is how in the short-term it impacts your liquidity. In any case, a business with over 300M negative free cash flow when they are already deeply insolvent is not good. Oh.. .don't forget they are way behind on CAPEX to the tune of hundreds of millions, so that is another expense you can add to that free cash flow that they have been delaying.

Mentions:#CAPEX
r/wallstreetbetsSee Comment

Guess OP doesn't understand how to read financial statements / or any basic level of accounting to realize the transaction is valid and isn't "cooking" the books. Nvidia books revenue / COGS. Coreweave books CAPEX and loan. NVDA's investment in Coreweave does not matter because no gain / loss is booked on Coreweave so it is irrelevant. If it was equity method, then it would matter at a later point in time when Coreweave reports P/L

Mentions:#CAPEX#NVDA
r/wallstreetbetsSee Comment

CRE isn't just office high-rises in SF, it's warehouses, office parks outside of metro areas, construction loans, CAPEX credit, etc. A number of those are actually doing quite well. CRE also been extensively discussed in the media, so I really struggle to see how anyone can call it a black swan event.

Mentions:#SF#CAPEX
r/investingSee Comment

> You're not paying more for maintenance lol. Especially with increasing electricity costs. What your are though is front loading a cost that is then amortized over the coming 20-25 years. Installing solar panels is moving from OPEX to CAPEX, and the ROI is anywhere between 3 and 15 years depending on where in the world you live. I live in one of the highest cost of living areas in the world, and also one of the supposedly best places to install solar panels, and no one here who has it is talking about how great their life is with solar.

Mentions:#CAPEX
r/investingSee Comment

You're not paying more for maintenance lol. Especially with increasing electricity costs. What your are though is front loading a cost that is then amortized over the coming 20-25 years. Installing solar panels is moving from OPEX to CAPEX, and the ROI is anywhere between 3 and 15 years depending on where in the world you live.

Mentions:#CAPEX
r/stocksSee Comment

Whilst earnings growth is stronger than expectations, this is still below 2021 earnings. Personally I’m a bit more concerned with the fact that these results are coming from reductions in CAPEX and staff, whilst unemployment is at an all time low. Wondering how these moves will aid growth going forward…

Mentions:#CAPEX
r/wallstreetbetsSee Comment

Because as a "rich" borrower, the first thing I will do is re-direct my spending to investments that grow faster than the borrowing cost. Reduction in my discretionary spending will mean that the waiters at the fancy restaurants will get less of my money. I will reduce the amount I spend on other services. Look at how a corporate entity behaves, OPEX is the first budget line cut... CAPEX is last resort (if the CEO has brain-cells) When the lay-offs start, it usually hits jobs that require less specialization and have lower ramp up time, so when/if money comes again the organization scales back reasonably. Healthy organizations don't cut down on management before they cut down on the blue collar labour force. For fuck's sake, I just read a book by Yurval Hariri that suggested since we have complete Neanderthal DNA sequences, we may want to bring the species back given that they can be used for dumb physical labour and be less fussy... I promise you it will not be bottom of the barrel blue collar workers genetically engineering the next round of slaves.

Mentions:#CAPEX#DNA
r/WallstreetbetsnewSee Comment

getting more interesting, you could pause CAPEX for 6months & buy back the entire stock, how about that?

Mentions:#CAPEX
r/investingSee Comment

Also airline companies are pretty brutal. Tons of CAPEX requirements and are pretty vulnerable to a lot of different things like regulations, overall economic conditions, crashes, and parts or suppliers issues (like the current Pratt and Whitney thing going on with their engines), and union strikes. There's even an old joke that goes "How do you make a million dollars with an airline?" "You start with two million dollars" lol. I tend to stay away from the airline industry for those reasons.

Mentions:#CAPEX
r/investingSee Comment

If I recall correctly, MSFT dropped after the earnings report because they advised they will be increasing CAPEX fairly significantly in the near future, which means cutting into their short term profits.

Mentions:#MSFT#CAPEX