Weekly thoughts #11
2024 is coming to an end.
Disclaimer:
Eloy Fernández Deep Research publishes equity reports, and analysis posts periodically. All reports are subject to the following disclaimer.
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Eloy Fernández Deep Research reports should only be taken as guidance. They don’t suppose an investment recommendation. Any investment decision should not be based on the Eloy Fernández Deep Research Report. Eloy Fernández Deep Research is not responsible for any investment decision or later consequences.
The opinion expressed in the reports and posts is my current opinion. This opinion is based on the prevailing market trends and is subject to change.
This post is not a BUY or SELL recommendation.
The year 2024 is about to end, and although there are still a few trading days left and publishing my portfolio movements is not something that is among my favorite things, I am going to make an exception as a finale.
Stocks added to portfolio
Build-A-Bear Workshop, Inc. (NYSE:BBW)
Build-A-Bear is a Delaware corporation, was founded by Maxine Clark in 1997. BBW sells teddy bears and other stuffed animals and characters.
Customers can assemble and tailor the product through the choice of sounds and oufits varying scents, sounds, and outfits.
Clark took Build-A-Bear Workshop public in 2004 and currently The Company operates its products “as a multi-channel retailer of plush animals”, in the United States, Canada, the United Kingdom, Ireland, and internationally.
Weight in portfolio to date: 5.60%
Spyrosoft Spólka Akcyjna (SPR.WA).
Spyrosoft Spólka Akcyjna operates as a software engineering company. It offers a range of software development services, including embedded and cloud solutions. Its services include artificial intelligence and machine learning, business and product design, cloud, embedded software engineering, optimization, enterprise software engineering, technology consulting, build operate transfer, and managed services. The company also provides human machine interfaces development, automotive safety, and ecommerce development solutions. [TIKR].
Weight in portfolio to date: 4.40%
Kyowakogyosyo Co.,Ltd. (5971)
Kyowakogyosyo Co.,Ltd. manufactures and sells hexagon bolts, JIS hexagon socket head cap screws, bolts for construction machinery and internal combustion engines, cold-forged parts for automobiles, and special cold-/hot-forged parts in Japan and internationally. It also offers automobile parts, such as transmission, steering and suspension, and other forging parts; gears; and industrial bolts and bolts for internal combustion engines. The company was founded in 1950 and is based in Komatsu, Japan. [TIKR]
Weight in portfolio to date: 1.40%
Hyfusin Group Holdings United (8512.HK).
Hyfusin manufactures and sells daily-use candles, scented candles, decorative candles and other products such as diffusers.
Applications of Hyfusin products may be: home scent, bath and body, therapeutics, adult pleasures and other.
Weight in portfolio to date: 0.90%
TAKEUCHI MFG. CO., LTD (6432.T)
Takeuchi is a Japan-based company principally engaged in the manufacturing and sale of construction machinery, such as compact hydraulic excavators and track loaders.
Established by Mr. Akio Takeuchi in 1963, Takeuchi developed the world’s first compact excavator in 1971 and developed the first compact rubber track loader in 1986. In this regard, Takeuchi transformed the global construction equipment markets.
Weight in portfolio to date: 3%
tinyBuild, Inc. (TBLD.L)
tinyBuild is American global video games publisher and developer with a catalogue of more than 80 premium titles across different genres, primarily for PC and consoles.
tinyBuild started as an indie game developer in 2011, it incorporated in 2013, it raised capital in October 2017 from Makers Fund and in January 2019 from NetEase. It listed on the London Stock Exchange (AIM:TBLD) in March 2021 and successfully raised more capital in January 2024 adding Atari to its core shareholders.
Weight in portfolio to date: 1.70%
Positions increased.
Topgolf Callaway Brands Corp. (MODG)
Topgolf Callaway Brands is a leading golf company that provides golf entertainment experiences, designs and manufactures golf equipment, and sells golf and active lifestyle apparel and other accessories through its family of brand names.
Weight in portfolio to date: 3.30%
Hellofresh SE (HFG.DE).
Hellofresh is a German company founded in 2011 as meal kit provider. The Company is focused on home delivery solutions globally. Currently, Hellofresh operates in countries.
The company, together with its subsidiaries, offers a vast variety of products, such as premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, premium online butcher, pet food, etc.
Weight in portfolio to date: 6.90%
Alphabet Inc. (GOOG).
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. [TIKR]
Weight in portfolio to date: 8.70%
Leatt Corporation (LEAT).
Leatt is a South African based company that designs, develops, markets and distributes protective equipment and apparel for motor sports and leisure activities, including riders of motorcycles and cycles mainly.
The company was founded by Christopher Leatt, a South African neurosurgeon, who was witnesses the death of Mr. Alan Selby, fellow rider, and friends of him. Then he starts working on a solution to reduce neck injuries.
Weight in portfolio to date: 2.20%
YONEX Co., Ltd. (7906.T)
Yonex Co. is a Japan-based company that manufactures, purchases, and sales sports equipment such as sportswear, and also operates related sports facilities.
The Company manufactures badminton rackets, tennis rackets, golf clubs, clothing and shoes, snowboards, shuttlecocks, strings, stringing machines, etc.
Yonex is one of the most famous and well-respected brands in the racquet sports universe.
Weight in portfolio to date: 5.70%
Straco Corporation Limited (S85.SI)
Straco Corporation Limited is a Singapore-based company of tourist attractions in Singapore and China. The Company operates through two segments: Aquariums and Observation Wheel.
Its current portfolio includes Shanghai Ocean Aquarium, Underwater World Xiamen, Lintong Lixing Cable Car and Singapore Flyer.
Straco owns the development right to CYG, an integral part of the restoration project for the grand "Hua Qing Palace". The project showcases architectural features from the Tang Dynasty period through reconstructed replicas of its major buildings.
Weight in portfolio to date: 2.10%
Evolution AB (publ) (EVO.ST)
Evolution AB (publ) develops, produces, markets, and licenses online casino systems to gaming operators in Europe, Asia, North America, Latin America, and internationally. It offers casino games and live game shows under the Evolution brand; online slot games under the NetEnt brand name; and casino games and software comprising jackpot system, a smart spins bonus management application, and tournaments gamification under the Red Tiger brand. It also provides live casinos under the Ezugi brand name; slots titles and game mechanics under the Big Time Gaming brand; online casino platform and games under the Nolimit City brand name; HD spinning gaming wheels under the DigiWheel brand; and B2B social streaming games under the Livespins brand name. The company was formerly known as Evolution Gaming Group AB (publ). Evolution AB (publ) was founded in 2006 and is headquartered in Stockholm, Sweden. [TIKR].
Weight in portfolio to date: 8.90%
Positions decreased.
Alphabet Inc. (GOOG).
Spotify Technology S.A. (SPOT)
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg City, Luxembourg. [TIKR].
Weight in portfolio to date: 15.00%
Stocks removed from portfolio
TransDigm Group Incorporated (TDG)
TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, delivery systems and electronic components, and cargo loading and handling systems. This segment serves engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. The Airframe segment provides engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, cockpit security components and systems, cockpit displays, engineered audio, radio and antenna systems, lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, thermal protection and insulation products, lighting and control technology, parachutes, specialized flight, wind tunnel and jet engine testing services and equipment, and testing and instrumentation solutions. This segment serves airframe manufacturers, cabin system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. The Non-aviation segment offers seat belts and safety restraints; mechanical/electromechanical actuators and controls; hydraulic/electromechanical actuators and fuel valves; refueling systems; and turbine controls. This segment serves off-road vehicle and subsystem suppliers, child restraint system suppliers, and satellite and space system suppliers; and manufacturers of heavy equipment. TransDigm Group Incorporated was founded in 1993 and is based in Cleveland, Ohio. [TIKR].
Adriatic Metals PLC (ADT)
Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, copper, gold, and barite deposits. The company’s flagship project is the 100% owned Vareš Silver Project covering an area of approximately 44 square kilometers located in Bosnia and Herzegovina. Adriatic Metals PLC was incorporated in 2017 and is based in Cheltenham, the United Kingdom. [TIKR].
The next investment thesis will be published tomorrow. December 31, 2024.
