Earnings Season - Limitless Bricks - More Stocks! [Part 4]

Episode Date: July 26, 2023

In this episode of Randy, Danhai, Thaon and Matthew (from the Limitless Podcast) dive into the world of investing with a special focus on the Jamaican market. If you're curious about the market moves that could shake up your investment game, this episode is a must-listen!Listen to more Earnings Season episodes at 🎧 : https://www.earningsseasonpodcast.com/ 🎧Listen to more Limitless episodes at 🎧 : https://limitlesspodcast.buzzsprout.com/ 🎧Use the Limitless MyMoneyJA Discount code 💲 : https://bit.ly/Limitless-MMJA-Discount 💲Topics[00:00 - 05:00] Introduction and Market Chit-Chat[05:01 - 10:00] The Big Players' Impact[10:01 - 15:00] Navigating Financial Rapids[15:01 - 20:00] Spotlight on Stock Performances[20:01 - 25:00] Hunting for Business Gold[25:01 - 30:00] The Market Move Mystery[30:01 - 35:54] Investor ImplicationsThe content of all episodes of this podcast is solely the opinions of the hosts and their guests. These opinions should not be misconstrued as recommendations or financial advice for any investment decisions. Let's keep it fun and informative! ★ Support this podcast ★

All right, guys. So the last couple of weeks, you guys have heard us having this wonderful conversation between Dana and I and Theon and Matthew from the Limitless podcast. We touch on a lot of things. If you haven't listened to it, go back and listen to it

or check out episodes on YouTube. We touch on a bunch of things, but what we never really went deep on is stocks. So this conversation that you're about to hear is just another piece of that conversation but in that we actually went deep on stocks right we touched a couple of points this is all stock stock so if you didn't care about the meditation or um reading about books or anything like that and you just want to hear some stock stock this episode is for you it's a nice quick one quick half an hour or so and we just have stopped talking it and with all that's happening in the market right now i think it's pretty timely um yeah we seem to

have a good predictive conversation an interesting thing i'll just give you a hint to start off talking about dollars so listen to it i think some great points were raised matthew and theon raised some great points around it. Dana and I, of course, brought a couple of good gems, I think, there. So let's do it and yeah, enjoy. The following podcast is for informational and entertainment purposes only. Nothing said on the podcast should be construed as investment advice, nor should anything said be relied upon as the basis for any investment decision. Any reference to an investment's past or potential performance is not and should not be construed as a recommendation or as a guarantee of any specific outcome or profit. All opinions expressed by hosts or guests on the podcast are solely their own personal opinions

and do not reflect the opinion of everymickle.com or any company affiliated with the hosts or the guests. Hosts and guests on the podcast may maintain positions and securities discussed in the podcast. Neither everymickle.com nor its affiliates or subsidiaries warrant the completeness or accuracy of the opinions expressed herein and they should not be relied upon as such. Strategies and investments discussed may fluctuate in price or value and may not be suitable for you. They do not take into account your particular investment objectives,

financial situation or needs, and they are not intended as a recommendation to buy or sell any security mentioned. Speak to a licensed investment advisor before making any investment decision on. I know that there is. You think it's breaking three for the end of the year? Yeah, I think so. So I think I'm expecting their coming reports. They're easily going to do over 100 mil per quarter. I know Kadid even spoke about, they've been speaking about the acquisition from like last year i think the most recent timeline they gave i think the most recent timeline they gave was like possibly end

of june or so um i still think that could end up happening this year they may get a i want to get a pretty well when i asked kadeen i think it was on an earnings call or one of his interviews or something like i was asking what do you think is one of the next big pushes for dollar he actually spoke about that acquisition because if you look at it with the consolidation going on in the microfinance industry um there are a lot of players that i think are under pressure that dollar could end up acquiring at a big discount if you acquire a big loan book at a big discount um there could be a lot of profit in that for them and i think the market would like that um also if you look at a lot of the partnerships that they are setting up

with a lot of their loans um and the the connections that they have like if you look at it um mayberry signed equity as our financial advisor and in the article they spoke about um equity signed mayberry as a financial advisor yeah but then they said that in the article they said that it would be sleeping or than i i don't think you don't realize that sleep where you said that yeah which speaks a lot about how we see Mayberry. You said Mayberry signed Dequity. I'm not finished.

And then in the article, it says that Mayberry is going to be giving advice to Dequity's associates and subsidiaries. So they are also going to be partnering with their advisors. and subsidiaries so they are also going to be partnering with their advisors and if you look at it um mayberry is in the i think they're like maybe the second or the third largest shareholder in dollar um and if you look at it dollar for example they've like basically what i'm trying to say is that in terms of what i'm seeing with dollar they are always basically finding new loan packages new partnerships to get them that business and then they have the the kind of ties that they have like who they um know like the financing so i don't think there's gonna be an issue with them getting the financing and i'm also seeing them constantly

thinking of new ways to lend money ultra um their partnership with just tons and tons of companies almost every month or every few weeks or so. I'm seeing another notice. I mean, the problem is that the two largest shareholders are also heavy in the... Heavy buyers of companies. And those companies will need banking. Yeah, exactly. Yeah. So I don't think they're probably getting the loans out. Yeah.

I like that. I like that. Sorry, you were saying that. Yeah, well, you think about dollar's float. A lot of people have dollar. There's that. Let's talk real, real. You mentioned two things. One, the company's future likely

continuity and success, which I agree with. I mean, they are truly in growth mode in terms of the businesses last year's their best year ever 275 million 280 million if you're talking about straight net profit right and that's their best year ever in three months of this financial year they've almost halved that just one quarter bear in mind that the year before 2021 was their best year ever and that year was 128 million for the whole year and these guys are now doing 123 million in three

months i'm not i'm not um yeah i'm not disagreeing with you or not at all also this is their lowest if you think it's you know maybe some element of um seasonality q1 is their lowest quarter last year was their lowest quarter so it's the first quarter that equals their previous to last year best year ever anyway but that's not share price as we know. Yeah. Strong balance sheet don't mean strong share count. How do you see like trading activity? Two and a half million shares sold by a director. That's a lot of shares.

And that was on the 23rd? I don't think it adds up. 21st. 21st, yeah. I don't know whether I've seen that at all. That's funny. The JSC notice said... It doesn't add up. Maybe it's a mistake.

The day is running deep. Maybe it's a mistake. Maybe. On the 23rd... It could be. It could be. That's us to it. It could be. No, no, hey, it could be. That's a real thing. It could be.

But on the 21st, we saw a lot of units traded. The thing that struck me about this, that raised my eyebrow, you see it jumps out on the chart very quickly. It's one of the biggest days ever. And the volume is now good the drawing is still heavy after that yeah the thing that struck me is how it was done like if you look like i love this about my money jada you can replay how the day went right

yeah look at the buy queue at the start of that day and then look how those trades happened and look at how those trades happened. These trades didn't happen where it's not the typical big order, right? The big one-to-one, somebody selling to, you know, something that looks to me like you met in the boardroom or at the bar, you made the agreement, and this is the day that we did the trade and the swap happened. This, to me, looks like straight selling to the queue. Like straight selling to the swap happen. This to me looks like straight selling to the queue. Like straight selling to the actual queue. Artists just getting bought up nicely.

Big and nothing wrong. I love that because people are getting their units, right? But that means that a lot of people are getting their units. I'm wondering, is it the current queue now? I'm looking at it like why is the queue defense coming now instead of then? Like I see 500 grand, 500 grand.

Is that Q defense or is it people are like, yo, I can grab a whole $5 share. That's also a possibility. That's true. So I'm looking at that and I'm considering. Yeah. I really like it. I'm just looking at it now with a side eye. There are some. When is it's coming up whenever we drop it i'm looking at it as a point of risk for me uh just and that kind of

you know the kind of thoughts that go behind our people if it's the days after that you're checking the candle how red they are just dipping down down down, down every single day since that we got up there could have been another director selling we just haven't gotten a notice yet indeed, yeah, that's fear inducing, look at how people have reacted to the I know I've seen that, I saw it and I was

I was saying, if I look around I would say it felt like they just left it out, like in terms of there was a good amount of others in the queue at any given time. It seemed like there was defense there. And it just don't seem to be the case for a good cow. I don't know. So for me, not knocking it again, I like it.

But if we're talking practical investing, we're looking for practical profit. In five years, you have this thing and the numbers that they're doing, no. Imagine what the dividend will look like in five years. Imagine how the profits will look in five years. If I'm talking about... We've seen the growth in the quarters.

The dividend next year will be good. I love that they're paying a dividend so early as a company to the market. But I also have to consider my thing. I look for cap gains heavily. And if this many people get this many units... And then come sell. Especially if they see it falling and you know how that is.

I know what I've seen. It yeah which is it's not a bad thing it just says to me that you know there's a lot more people that will need to be excited about the thing in the future yeah for it to rise for the price to rise right that's a longer bike longer sell queue over and over and over and then what are the things that would cause them to be that excited? Because yes, the continued good profit is amazing. The growing dividend is amazing. But I don't know how much that influences

the typical retail investor. So, like I look at it and I wonder. If they acquire the right thing, if they buy access, if that actually ever happens, yeah, that'd be

amazing, but on just the strength of the company, the strength of the balance sheet, I mean, JM&B has a strong balance sheet. If the strong balance sheet don't set the share price. No, fair points, fair points. And points and people I guess a lot of the

directors could have got their shares at a dollar or cheaper true so for them two dollars is still a hundred percent profit what would be interesting to see is

if Mayberry or if MGE starts to give some support because I think they were actually buying after listing too. The check back there. No, they were... They pulled up probably their... I don't remember if it's the... I don't think it was the most recent report.

Maybe it was the report before. As you know, the MJE reports where they tell you how many shares or stuff they were buying. Oh, yeah, yeah. The buy and sell. They'll show you. I mean, a quick, easy way I can look

is I look at what they had here. Since listing? Yeah. Since listing. Easy way. My money jail have a little... We're solving that problem problem making it easier also that's a great market to make things easier

for you but until then they had 21.6 mil in at the end of March and just to see if I'll go full year and third quarter at the end of the full year

now it goes the same amount you pass it up at the end of the full year. No, I think it was the same amount. You passed it up. It was about the same there. The same 21.6, but at the end of the third quarter, was it also the same amount? There was a point where I saw them buying, though. I don't know. 23, they actually sold

so I guess they bought and then sold it's such a sticky game when when it's that popular a stock it requires it requires a massive event that matters to and is clear to the vast majority of the investing public for it to be for them to rush and buy very obvious yeah yeah yeah so that's a consideration

of mine so i don't i think i've sold my dollar um and i'm sure i'll buy it back at some point because that's such a strong company. Strong company. You're just timing? Yeah, it's always timing because I'm not looking to it for me personally. I'm not looking to it for heavy cap games. I was more optimistic earlier in the year. I think most of my thoughts, just seeing where it's gone and then kind of pulling back on it.

Yeah. it's gone and then i kind of pulling back on it yeah how do you guys handle that that um the pressure of that because i'm so used to no no no how do you guys handle the pressure of talking about something like that really like oh yeah talk about yeah about what as in something that we don't think is very good or. Or the bad possibilities of a stock you like. Yeah. I mean, I still try to, I guess, welcome it because it shows that like as much as things can look good at a point, things can change. And I'd rather learn from earlier. and I'd rather learn from earlier. Because for example,

I sold a good amount, a decent amount of my shares at like 270 or 260. So it dropping now, I mean, I still own shares now. If I look back, that's even an opportunity for me to average down and I put the money in something else.

I think some of that money went into Cygnus. So if I put the money in something else. I think some of that money went into Cygnus. So if I then make money from that Cygnus play, I can compound that to then average down on that. Or maybe I take that money, put it into something else before I then put it into dollar and suppose dollar drops to $2. Yeah, I'm still down. But with the gains that I've now made, I can then average down. So it's just part of the game.

Part of the game. You said about things can change. You would be surprised how much that thought is not common. If I have it now, I must stick with it. I mustn't change it. It's the same thought of don't lose money. If you lose here,

then okay, change it and go somewhere else. Exactly. That's not a common thing at all for people to think that that's a possibility. thought of don't lose money if you lose here then okay change it and go somewhere else exactly it doesn't come on thing at all for people to think that that's that's a possibility because really if you got up and you said what it makes it to the master you know and you said sell for me to sell to somebody you know how that go for the most part what no i must sit with it until they go good again yeah yeah mark he must only go one way ever that's

that's how people that's how people tend to view it and R you also spoke about it well so why don't you love it now I like that thing I like how you also people question how we used to love it then and then

times change things change we bought it for the reasons we bought it for and we were there for profit we used to bash it then and then. Times change. Things change. We bought it for the reasons we bought it for. And we were there for profit. We used to bash Cygnus on our podcast. We bashed Cygnus heavily and look at me owning shares. Hypocrite. Waggonist.

Is he right? Exactly. Riding the wagon to profit. Real waggonist. Real waggonist. Wow. Stock I'm excited about. Maybe two. Give me the first one.

I like that it's the Trans-Jamaica time. I think that a lot of people are going to be, I can't say I'm going to be excited about Trans-Jamaica. I mean, look at Trans-Jamaica, 246. I'm so proud of it. It's finally catching the light. And yo excited about TransJamaica. I mean, look at TransJamaica, 246. I'm so proud of it. It's finally catching the light. And, yo, TransJamaica is a great example of what I just spoke about with Dollar. I mean, you know how TransJamaica is.

It's the other week that was bigger. Everybody have this stock. So what it really takes for this thing to move, how it has moved. Yeah, man. really takes for this thing to move how it has a lot yeah man significant sustained and possibly well-pocketed interest in addition to the retail interest yeah uh and and this one this one has has been um a very interesting one for me a very something I'm looking at and I think I'm tying a lot of the interest in it around not just the new highway opening, the new leg, and

the JOI purchase that they did to reduce their expenses, fix up the cash flow a bit. But also there, to me, I see a lot of dots around like why change the wording of the buyback?

It's such a very specific change that they did in the wording of the articles at the AGM, right? For the buyback. Meaning, like why change it? The articles are amended. the articles are amended so they remove the ageist requirement which is you know the director's maximum age before they have to okay yeah and and this one they're putting in a new one a new resolution to say where our shares can be repurchased that So a buyback from the company. It can be done by open market or by tender. And I believe the original

article 65. Yeah, the original 65 spoke to spoke to I want to find out. I don't want to go digging the wrong way. The original 65 spoke to a buyback already. So all they have edited I don't want to guess, but I don't want to go digging the wrong way. The original thing spoke to a buyback already, so all

they have edited before, all they've edited to is all they've edited to is to include open market. Oh, also just a STO before.

Wait, say that again? Or was it... Yeah, I'm just wondering. I don't want to guess, I want you to see it. I guess I'm getting it the wrong way because I know it in my head, but I want, especially since we're doing this, I want to be as accurate as I can be. There we go. It currently allows the company to repurchase its shares by way of a tender.

It just doesn't allow the open market buyback. Oh, a tender invitation. And I've even thought of doing both. They are literally editing it. Huh? I never thought of a company doing both, like both a self-tender offer and an OMR, like a mixture of both. Or they just say, we want to do that one, both like both the self tender offer and OMR like a mixture of both.

Or they just say we want to do that one. So let's allow ourselves to be able to do that one. Exactly. The article. It simply doesn't allow them to do the open market. So the change is to allow the open market one, which is the preferred one, because it doesn't. I know how much I want to give away here like this, but I mean, the self-tender is a guaranteed event that you have less control over. Like you have control over when you do it.

Once you're saying you're doing it, you've said you're doing it. Exactly. And the money has to be spent and it's a tender and it's the shareholders. Open market, you can literally just look on the queue and be like i think i won't buy it exactly yeah you don't have to do whatever you want exactly you're not restricted by time you don't actually have to buy like you can say up to you don't actually have to buy that amount exactly you can you can say up to and like in the case of signals you give yourself the three years that your that your your your articles require you to do.

They could have just done one, you know. But instead they go to OMR and they go three years in order to allow them to do whenever they want, whenever it's most expedient for the company. Now, the fact that Translator is changing that resolution and that's all that they're changing, adding in the open market thing, is for me a dot to say that it makes it extremely, not extremely, but much likelier that they're going to do a buyback and they're

going to do a buyback in a way that they'd love to do it. But I also think about how the market is likely to react to the news of a buyback, which is an obvious dot to me from way out, right? From before, which is why I bought it. I didn't buy it. Or maybe I did buy it at IPO and then sold it very quickly after. But it's not something that I've touched before. But when I saw what seems to me to be,

I don't know why my gut tells me like NCB is really taking their proper hold on it. They have two NCB, if not, they have at least two NCB board members on board and the new leg opening and the open market buyback addition, change to the resolutions. All of those coming together to me is almost like a perfect storm. And then I also think that you know i think maybe the obvious heavy stakes are being taken by the what you call the smart money the heavy money yeah so look on the trading before that right when the big the volumes that were coming and

since those large orders yeah it looks like a base set and then i can raise my average as i go along because i have a strong base now well that's a nice way to think of it i was thinking that it's uh i just think that yo the big people are moving and the big people and employees tell them friend who tell them friend who tell them friend yeah that's how i see it so like people know when people know that you're coming or something's coming and also you can see the highway so people traverse the highway every day you can see the highway and yeah you get you get that that um that effect the visual effect of being able to see the fence trap effect i call it uh yeah so so trans jamaica weirdly enough is one of those i'm excited about. And I do own some and I'll probably buy more.

I can talk, of course, the KFC stock. I mentioned it earlier. The KFC stock, the Starbucks stock. The KFC stock. Yeah, man. The Starbucks stock. When they're fighting in KFC and they break the chairs, I'm very happy. Yeah, I wish they were fighting in Starbucks, though. I'm very happy yeah i wish there were fights in starbucks though

please break a chair like mash up something you know i was joking with the girl guys i was saying yo i hope somebody goes in toyota jamaica and just mash up the front desk i just run out i i nobody gets hurt but the front desk and then they have to go down to jfb and um other new ones yeah yeah you guys had metri on and i mean how did i haven't watched that episode yet i haven't heard it but how did you feel about the expansion uh well i think we feel the same way as metri we're pretty excited about the you know the what our company is doing and um you know um it's it's good for it's it's a brilliant deal in my

opinion jfp total office uh because they're literally just getting they're the manufacturers and they're getting like a distribution segment it's it's almost like they're literally just getting, they're the manufacturers and they're getting like a distribution segment. It's almost like they're getting a distribution arm and they have those channels throughout the Caribbean. They get that vertical. Exactly. Because even when I was listening to the AGM, Steve Sergani, he was basically saying that they're at, I think it was, what, 30% of what they could possibly do, like the total capacity that they could run at. I think it was around 30%.

And if that's the limiting factor and they're getting a distribution company, right, which means, in my opinion, a lot more business is going to come out. Hey, that sound good for JFP and if them can if they said they work Preston do you remember what days they work is it a four-day week I can't remember that I do remember maybe at a clip of that or something but I do remember that yeah I think it's like just four days out of the week yes and it's yeah and it's just how much they can actually take on like they they're doing this and they can take on this much so if all they need is business i'm i'm bullish on um total office supply in that business so i think i think it's a really good deal. I didn't see all the synergies immediately.

Maybe after doing more research, I realized, oh, this could be huge. I see a lot of synergies there. I see also in a lot of jobs that they do. It was very telling to me that the relationship was said, I believe, that I've started from, like both being suppliers to a big job yeah um yeah which which then says to me you know when i look at total office one of total office's biggest suppliers um the furniture the massive furniture company in the world yeah and i look around the region and i see where in those level of infrastructure projects are being done.

I mean, hospital expansion in Jamaica, double hospital expansion in Jamaica. The company that they're working with has an entire hospital division. When I look at the Barbados airport expansion, when I look at the expansion of sangstas i suspect maybe a coming expansion of norman manly when i look at this is restaurant chains moving out throughout the region right i like the dots i got i got some dots on your podcast right because then i think about the downside it's not always good yeah i'm not a fan of um i'm not a fan of dilutive events unless I can see a safe path through and after them. And it was said that they, being JFB, plan to pay for total office

because they have bought it already. But I'm assuming there's some amount of debt there. And they'd have to pay for it via issuing some shares. A mixture of debt and equity, right? Which means you have to issue shares in our company, which might be dilutive for me. But then I think, okay, we do it to get 30% of everything Total Office does. So it's an associate company of yours. And that might be great.

And that continues assuming that they're profitable. and continues assuming that they're profitable. But I think, as you hear me say, like look on dollar, great, great company, great, great trajectory. But if I'm thinking just share price, which is the arena in which we play, I have to consider what the dilution may mean in terms of-

Where those heavy volumes are going. Where are they going? Can they go there and then some of them hit the market? I don't want to see my queue getting hit with orders, selling it down. I wouldn't want that.

I'd be fearful of it. And then on the flip side, what are you getting for that? Because if you get in the right thing for it, it can work out, right? When Seprad did a dilutive event and got pacified, it eventually worked out well

for Seprad shareholders. Yes, they were diluted, out right when seprad did a dilutive event and got pacified it eventually worked out well for separate shareholders exactly yes they were diluted but the share price went up eventually right in this if i can see a clear path i i love it and i think based on timing too i think anything like this is probably going to come before jfb has to talk to us they have a month and a week to talk about august 14 which means which makes me wonder if there's that total office ipo is going to happen in july which is i take the time into and then i noticed uh friday last day of the the month and a half year a massive amount yeah man massive units yeah yeah but i think 50 100 million 102 million and other 102 million there's 100 million coming straight from two people two people which i suspect are the directors two directors selling

possibly are connected parties to the directors exactly exactly uh connecting those dots and so i wonder why maybe they're cashing up i don't know if it's total office who bought it or maybe they're cashing up and the time seemed a little interesting to me also it being disclosed to the blackout date so right they're cashing out in order to have money so that you can participate in another order that happens before the second the second thing comes out and then i think how can jfp pay for total office depending on what the price total office is it's not like they have that much money yeah they don't have much cash on hand that's all yeah yeah and they get and if the company's worth a crap load more we're hearing like seven mil if they have even i think we're doing some math that even 10% margins,

not that they have that. 7 mil US, 10% margins, but not that they have that. But, you know, they're getting something that I think might be extremely valuable. And if they're being diluted for it, how are they doing it?

I'm thinking debt swap. Yeah. Conversion in IPO. And then that's something exciting for JFP, our company, because I do own some JFP shares too. But I worry. These are the things I fret about because

if you get it wrong, if it's a wrong thing, getting out is hell, right? Exactly. There's a $13 million order here at 180. I don't know if it will last. Pay on our method as your plan. $13 million order here at 180. I don't know if it will last. Pay on our method. That's your plan.

$13 million at 180. It's not that bad. How much money is that? To buy these two? To sell to these two? Almost $26 million. Almost. $24 million.

$23 million. $23 million. Yeah, at 180. After fees and stuff. Sorry, we'll take the fees out. So, I assume in 1% fees. $23 million. Yeah, at 180. After fees and stuff. Sorry, we'll take the fees out. So, I assume in 1% fees. 23 mil. Might be a good exit.

It might be a good exit. It might be a good exit. Who knows? But that's the... It'd be funny though if somebody started pre-empting that. Because I don't want to say this. I think that's always an all or none. Yeah. There are lots an all or none. Yeah.

There are lots of all or none orders. Imagine somebody drop an all or none 30 mil a night next Monday and say, yo, watch that style. Let's start buying. Let's start buying. And they'll drop everything from it. Man, them

shots on them seat filled. Yeah. You pretend order them seats filled. Yeah. You know, you pretend all that has been filled for real. Yeah. Like the day, the last day of the month, they invite you on a phone.

No phone service, nothing. That's a real thing that happened there's a story of I don't know if it happens but there's a story of was it Buffett and

I want to say it was Buffett and the Microsoft there was a story of Buffett saying they're on the yacht and the guy was there on some river and the captain is pointing out things and they're like, just go wherever the satellite signal is strongest.

Because they've been trying to close this deal today. That's a good problem to have. One thing I noticed about jp though i always think of the opportunity with it i think five million units would see in the top ten which means you know five million is still a significant amount of ownership in the company and you can still get you can still get five million units to buy without tripping the breaker even monday the breaker doesn't trip until 2.09, order number 34.

That to me is still interesting. It's still a wonderful opportunity. I see it every now and then. I still grab a piece every now and then. I don't listen to the right or the wrong information. I participate it after.

Who knows? Maybe it'll work out that's your total office looks like facts yeah those are my two that i was thinking more than i have none stole jp from you no youth but you guys both stole jp from me then uh so looking looking i mean mind boring i'm personally excited about svl there's a lot of coming out of it and you can say like now is the timeline for the big ramp up for the thing that we call it the infrastructure that they've been making i think not only ghana does like the payment platform the bill payment platform that they're setting up, we can see them buying into, fully buying out the new loan company and

the plans that they have for this timeline now for the loan companies that are ramping up business through the network. And then SVL gets a lot of support. I've been saying it more than once. It's one of the closest things to a safe stock on the market. You're not really expecting a certain level

of thing there, but you can time a lot of rises out of it and get a good deal of money in and out of this thing. Trans-America, Wicton, similar level of volume can happen through there. Probably higher on those sides, but at a certain level of money, you can go into SVL, get good profits,

and you're not really a warrior for losing to a certain degree. To a certain degree. To a certain degree. To a certain degree. There's no safe stock. There's no real safe stock. There's no this, not the fall. There are strong timelines

throughout the year that SVL has. They pay dividends quarterly. They're one of the strongest dividend payers on the market. You can see the level of buying that goes into that thing there so if you time it every way it cuts your risk really heavily and then the upside is really good with all the big plans that i have truly yeah i've seen a lot of trading recently the past couple days millions of units another quarter another quarter end of the quarter rise look at that rise maybe but like i i hear people talk about the psych striker herself but i i don't

um i don't know if i would bank uh me person if i'd bank a heavy play on like the end of the quarter move in this this quarter i think it would happen based on other factors. That's grower group talk, I would say. A bunch of other factors told me that this would happen this quarter. But I don't know if I'd bank on it every quarter. I wouldn't think of it

as a guarantee. Things could change Things could change Or they could just not care Or a lot of things We have to wrap up guys Yeah we do I'm getting that page You're getting it too

Yeah I'm getting that page Yeah that's that yeah we do I think it's a good page you're getting it too yeah I'm getting a page yeah that's that well thank you guys for having us I enjoyed being here

thank you guys for inviting us on to have a talk yeah indeed of course yo anytime anytime

we love the talk we love the conversations honestly hopefully we can do it again soon you know but for now anytime we see you soon if we can make it again soon but for now we'll see if we can make it in time

yeah alright guys limitless out running seasonal limitless bricks I love it limitless bricks yeah man man big up bless poor scumbag

captain gint ha ha ha we're in it bro