Stock Unlock is a gamechanger for researching stocks. I have found dozens of compounders using this platform. Such as: $MEQ.TO $EQB.TO (Currently my largest $ win) $MAGT.TO (Was acquired for a 180% gain) $CSU.TO and many, many more.

You gotta love it when a thesis comes together, and when that thesis is betting on a solid and proven management team.

"Why is $BN down 3% today after earnings?" Well, it's up ~100% from its lows in 2023 and right near all time highs. It's been wildly successful and might just need some cooling.

Why would anyone sell $BN after reading the shareholder letter. TLDR; BN is about to launch the buildout of 7 AI centers with the largest tech companies in the world, with a total estimated cost of $200B.

$VHI.TO pro forma ARR is up 78.6% YoY. Absolutely bonkers.

I love finding and investing in things so many people simply aren't willing to look at. You get such high quality businesses with great managers at cheap prices. It's the trifecta of what creates strong returns.

In 2022, $EQB.TO put out 5-year projections. I went back and created charts of how each metric would have to perform to meet them. Here are the images/data: 🧵

Customer Growth = Lagging, a lot.

This is on top of management consistently saying EQB's loan book would improve starting in Q2 of 2023. Since then, nearly every loan metric has continued to deteriorate. You can see why I decided to sell. Management has consistently missed guidance and, in my opinion, shown

I have decided that $CSU.TO is a never sell. Just hold on and forget about it.

Going for a run and listening to my favorite workout playlist. $BN

Unpopular opinion: $FICO isn't cheap yet.

$GSY.TO's business will accelerate next year. It's currently facing tough YoY comps due to a lower average interest rate on its loan book. Next year, this headwind will be gone, and its revenue should grow in line with the loan book again (which was 23% this Q).

I don't own payment processors, but man, $FOUR is looking interesting here. - Founder and largest shareholder is buying - 20%+ revenue growth - 19X FCF - Reasonable amount of SBC - History of successful acquisitions

Kazi laden