Earnings Season - Top 2 and it's Not 2

Episode Date: May 27, 2021

Randy and Danhai take a look at the market as of May 22nd 2021. Picking their Top 2 companies and going down the road of tangents that each of pick brings. Outside of their Top 2 picks, they get into points on;GHL, NCBFG, BIL, CABROKERS, SJ, MIL and roughly few dozen more.Stocks and Gems overflowing with a bit of real talk about the market thrown in. 💎🧱Listen, enjoy and share!📲Contact📲📧Mail - [e-mail]🐥Twitter🐥 Earnings Season - https://www.twitter.com/Earnings_SeasonRandy - https://www.twitter.com/RTRoweDanhai - https://www.twitter.com/HDanhai📷Instagram📷https://www.instagram.com/Earnings.Season/💻Website💻https://www.earningsseasonpodcast.com/56Shoutouts 📢Kareem's @BoyATingz, @MartinPagon, @JohnHJack, @SmittyRoyal, The Archivist - @MiossotyJohnson and last but not least The Godfather Legend - @gurujammyData Provider: https://www.mymoneyja.comDanhai's Independent Advisory - https://www.dhalladvisory.com/Disclaimer: This podcast is a completely educational event. Nothing in this episode should be taken, interpreted nor construed as an offer by the presenters, nor anyone associated with the show as an invitation to supply official financial advice. All data, scenarios and hypotheticals covered in the episode are done strictly for educational and entertainment purposes. There is no, and will be no, official recommendation to purchase or sell shares in any company or financial product. Randy T. Rowe is not a Financial Advisor and EveryMickle.com is not a financial advisory firm, nor do they represent any such firm. Any decision to invest in any financial product or security by you, the attendee, should be based on your own analysis, research, and advice from a licensed, certified financial adviser, preferably Danhai Hall. By streaming or listening to this episode you are agreeing to, acknowledging and accepting the aforementioned terms in full with no exceptions implied or otherwise. If you are not in agreement with these terms or unclear about anything mentioned in this disclaimer then please immediately close this window  or app and do not listen. ★ Support this podcast ★

Earnings season bro. Alright, welcome guys to another episode of earnings season. I'm Randy Rowe at RTRowe on Twitter. And I'm Danai at H&N on Twitter. And this is another episode of earnings season. Today Danai and I are talking about, well you guys have seen the title by now I'm sure. So you know it's top 2 and it's not 2. Shout out to Drizzy. to one is not to show talk to jersey um we're just pretty much picking two stocks based on what we've

seen happening in the market currently we're recording this the end of may 2021 then i hear you told me one time so i should tell people when record and that's against it and i'm like you know what we might as well yeah it's good plus you know what else i think i think about the john jackson episode with people i've seen by now and um as i was listening to the things that we said especially in part two if you haven't heard that guys go back and listen and watch john jackson this conversation with us um as you said the things that we were saying on that episode and it's only like playing stuff and then I remember say oh wait no yeah this is like mid-february yeah yeah so like I I

heard you know what it was I heard the things being said about lumber mm-hmm I heard that I seen a about lumber and i was like why am i repeating what the what um the lumber ceo said i'm like i know you're meeting you yo big up the uh what's his name major major noel does i wish i wish i would have met the major if you want come on you should come on we'd love to have you on the podcast but yeah no as a student I realized that no we haven't this is before any of that this is actually before Lomba's Q3 results came out so we would have seen the third quarter results at Lomba when we talk. And then, yeah.

Yeah. But we were looking. I remember you even said this. I think during what? There's me on recordings. I'm on memory. But I think you had mentioned that thing there. You mentioned the Q3 results.

And I said, well, my real jump is, but I'm really looking at the report afterwards. And then here we are, both reports, but we haven't got the fourth report yet, but based on reports from- Based on majors, energy boy. Based on major, exactly. What was inferred. Yeah, well, I don't usually cut episodes anymore,

but I think for this, I might even just cut it and drop in a little clip of him talking because he went went in boy man say you sure we can do that uh it'll be mayberry's click so it would be you know but um based on what i've seen with kareem online apparently anybody can just grab anybody's thing one is on one side oh god big up boy i say it okay my mind is where we started you know people oh yeah yes yeah the bam cast yeah yeah i was gonna keep going oh boy um i didn't know what the hell we're talking about oh yeah well yeah i don't know if we can if we well people if you've just heard it or you just saw us talking about it then we can

if you didn't then we couldn't um so there we go but the point is and if he was being very very very exuberant let's say about um lombard's coming results in fact well he wasn't being exuberant about the coming results because he was speaking even though we haven't seen those results yet he was speaking having seen him i know him in fact he said you know the artists have it now so i mean the quarter is done for him he's just waiting for the artist to go through it yeah and the truth is if you're running a business tight and properly the audit report is not going to change very much if at all from what you have again i can only think of very small things and it's a surprise yeah it'd't have to be a huge surprise and um

you would have had heavy sales but i know already but i have the heavy profits from that i know already i doubt anything along the the top line or the bottom line would change within the quarter um and all i can hear on the streets on the ground as john jackson it acts so what's the what's the word on the ground all i can hear on the ground from from people is that yo cement shot oh yes yeah lombard price is still spiking a lot of things going on and well that's apart from the point that's me running to a tangent right now with other things going on in this event space it's in the caribbean and also worldwide but in the caribbean yeah well in the caribbean it's just one player well top one is not two i'll make you start it off which company wants that one is not two all right so yeah i was jumping around you know that's it to see if i really like it that much i might last step yeah that's it but i will move away from not having my research you don't

want that one i'll just wonder that i really need to dig in um we spoke about this private uh spoken some clients about it oh yeah you know investment than i yes him on my side although yes i think this game has changed that's exactly what you do advice but you can contact me for advice there we go so guys this is not financial advice but if you want official financial advice you can link that i we enter it's a client relationship so otherwise but um looking at sergey corey i usually bash them on this podcast i'll say that quite a lot this one week how much they probably hear mehing subject where I say they're boring completely off the fence the banking space mm-hmm yeah so they're

last year everybody and it's the same thing we've been talking about since 2018 of the fire oh hold on we've been giving been giving surgical heat and a poplar oh i think it's years now literally years it's not two or three it's not it's not one or two either maybe three yeah and people people think when i mentioned people say oh so the pandemic where the hotels know what they know is like boy when they bought into flyer files was acquiring mode there's some companies to do that they raise every day that type of thing and then they start acquiring a lot of things and then they start trimming the fact and get rid of the day to get rid get to a point of profitability right and play out at the time but it was never really worked out

pandemic hit and got worse it's actually selling hotels and also something. So some heavy, heavy hits last year from them. They had 20 billion in profit before, before joint renters and associates. And then after that, you see the profits after that cut down to 10 billion, which would then say holding prior shares they took impairment they took share of elastic and associates and then that does bring them up to 10 billion profit before tax so they lost 10 and the sporting player shares and then that's

it of course it's a 4 billion profit line for it so the way i'm looking at you know so 21 billion before anything prior related which in my opinion that's scary so they got rid of the shares no more that they sold such this essentially the so the prior shares to the wire side equal to not the side for a week or in a Jamaica stock exchange the side of a financial corporation such that that Jim and be able to but I don't think it's a right on jmb because basically sergeant core big sergeant can take can manage those hits much better than this the local surgical in fact i could be wrong on that point i could be wrong on this but i believe that they shared up the ownership in such a way

that large sagicor also as um has it as a i i don't believe Larry Tajikor holds it with the same... Or the same type of recognition. Yeah, recognition. A directorship might play into that because the way they held it there, booking for an associate below the 20% line. So you know how that works out. Because they have a certain number of directors, they book them as an associate even though associate is usually about or maybe maybe just uh uh because i didn't i didn't look through this one i need to clarify on that point exactly what it does that point doesn't actually affect such record through

jamaica which is the important thing yeah well it does affect such a great financial corporation which will then affect jmm so then you have to look into that more than so but i don't think i think they choose to recognize it um below the below the net profit line but your model before that was the issue as a part of the issue with tajik where because they're they're held as a trading oh you're saying as a thing there okay incorporated income yeah more trading gains into it yeah that would make sense for them yeah but then that way is the best of both worlds you know yeah if you have if you have a big group with smaller legs in different end markets like jamaica you can you can do that sort of movement and save yourself after how many years i know them flexing right yep yep so basically uh windows that's just 10 billion free up to the bottom line

well to the profit before tax science are expecting that so imagine a 20 you have a 10 to 1 billion profit before tax and you expect probably like a 15 billion in profit after that which is better than four last year so and that's four last year that the p of what exactly So, and that's for last year that the PE of what things. Hmm. That's a good question. I don't know. They've been, they've been, they've been either no PE or you mean negative or very huge numbers because okay.

I'm currently at 52. I'm putting them at, I'm not sure which one of these PEs are right because it's still work in progress. I was going to check on the, sorry, just run the market cap versus there. Market cap or you're the total units? Over the profit line. If you get you get a fee sorry what did you say i didn't catch that market cap the current market cap yeah uh 203 million billion 210 million 184 thousand 783 and 54 cents and that's at a market price of 52.03. Yeah, I'll give it my thing. Huge PE.

How did you work on market cap for the PE just now? So anyway, it's basically price to earnings. So it's price per share to earnings per share would be the same as market cap to the actual earnings. Okay, the different, okay earnings so okay the different okay yeah the ratio yeah it was very easy for me because I love to calculate earnings per share that way but yeah I give them a P of 50 at 4 but then you see very quickly it does this quarter they double the profit so I the profit no enough enough of march um yeah yeah so that's the exit some great changes over the year and you'll probably see them moving

into better profitability so i probably expect like a 15 billion in earnings. Strong. Which will give them a PE of 30. Suddenly very, very, very, very strong. So over the next year, I could actually go from such a short. But even funny, over the next year, and I just said over the next year but one report come out there it's over the next nine months even and I think a heavy loss in the quarter after next so it might see the price moving fast then at that point.

Yeah if people well you know what I say people run into it but I think the last half of 2021 is going to see the financials really rise, meaning the financial entities on the market are really, really rising, coming into their own. So it's a good time for them to be flexing their muscles because all of the financial houses are, are, are really, yeah. Yeah. I could, I started to go off the tangent of large corporates playing

within the region and going to carry cement. But instead I think I'll talk about one of my top two. I wanted JMNB. I'll leave it at JMNB because I already mentioned something. I want to jam in B yeah you know because it's better for you to mention and me then yeah it's Jim and B boy I don't know I know yeah yeah you know what you know what I won't say they got doing me well I like to jam and instead I will run with JP Jamaica producers are really one of the most undervalued companies right now yes and these guys drop their their their first quarter results as they put it at 13 week results they dropped at the same time that um about the same time that ncb

dropped the guardian of a sale of shares in in ncb dropped guardian offer for sale of shares right uh i think i think just maybe a little buzz around the jhl sale causes to be missed these guys are not joking they're not one of the most undervalued companies on the exchange yeah um of course the biggest thing i've seen the most visible thing that they've done recently is they bought into that geese line shipping company um i think everybody's kind of waiting to see what will the geese line look like yeah I mean you know it got ready for me I don't believe in waiting to see I you go down and put it yeah and the biggest thing about the geese line in my view is that I suspect it is an expense reduction because geese line moves fruit and so on from the

Caribbean to England basically yeah it's also it's funny enough when I saw it I was like this is this remind me of the talk we had earlier on the whole this which I think that they're having over the over on over uk and we're talking about those basically how they're making it into just buying into your expense and as you know a profit line so a real good line so yeah they did it with the warehousing i mean their own kingston wharves they did and they have uh similar type of setup in england i believe um i know I know a shipping company that is the largest shipping company in terms of the Eastern Caribbean. But more importantly, that shipping company does the movement of fruit

and so on from the Caribbean. And that's what they make a lot of money from, that movement. Also, you hear them talking about, they speak about, I wouldn't actually be surprised if Eastline comes in at a loss. You get me? Meaning it's not necessarily a profitable company at the bar could be wrong but important is that said again the synergy alone opens just the synergy exactly and just think about how much it opens up jp as a caribbean as a carrier after local Because if they're doing their baseline,

just about now doing that, they're probably one of the largest distribution, just cross, what do you call that? Cross Pacific whatever, distribution companies at this point, if they're doing that type of shipping, that level. It's crazy, just recently who's somebody said it in our group we're in 15 there uh i don't know either somebody sent it or whether i

talked about jamaica it's working out as a logistics over that that's our policy i'll i'll have to find it and send it later probably in the show something of that sort but that was tied there back in the jp you know they are not yeah jp is um strong yeah beyond strong but and and heavily heavily heavily undervalued right pe i believe this p is correct pe of 11 times i believe i won't swear to you but i is correct. PE of 11 times, I believe. I won't swear to you, but I believe it's a PE of 11 times. This sort of company is supposed to be anywhere down at these levels, brother. And post results, the price has fallen, right? I mean, the results came out on the 17th of May, and the price was $23.46.

Then, no, the price is $23.31. You know what it is? It's a company where you're not in you're not going to hear a lot of hype around it so if you want some quiet reliable gains i suspect that well i would like that i suspect that i'll find it in jp but it means you have to sit down in this and possibly go through a time where the thing your money is in is really boring right while everybody else might be very excited about the other things happening yeah but jp really is really bringing and yo speaking about synergies right if you listen how they speak about what is possible with geese line and jp and what would you call it i don't know what that

bit of logistics where it's like it's shipping to your gate, really. So something can be shipped from another country, lands, clears custom, and then is delivered literally to your gate. I am waiting to hear about some synergies between them and our company. I don't know if they spoke about it. They check geese. They speak about that specific type of shipping for it. Exactly. I was looking at that. And their geese they speak about that specific type of shipping for it yeah exactly i was looking at that and the geese speaks about shipping and getting it directly to here right

jp speaks about expanding its logistics and wanting to be there and that immediately let me start thinking about mailpack i mean what would a partnership between them look like right mailpack and them maybe sharing warehousing they're handling yeast and and which handles the major shipping warehousing via mail pack handling customs and clearing or whatever and then delivery straight to your doorstep so win-win yeah with both companies i mean the people does that type of thing in general and i wouldn't see one mail but either yeah it's a recently they spoke about the prepaid card i've spoken about it this is funny and interesting because the water time i speak about one thing for the week and because just because of the new job and then they're coming

right to the set up yeah i think they just wanted to get some free work yeah well they did with the prepaid cards, Allianz, Momento Science. We're already on with Allianz. Just tell us what went wrong. Yes, please, please, please, please. You know what? I'll even go out and say this. Don't tell us. I mean, I believe in what I said.

I really want to hear it. Yeah. I don't think we will. But if they come to market and the offer is good, honestly, I don't give a... Are you above board? Everything above board here? Are the numbers good? Is the offer good?

I'm good, personally. But I can't speak for the industry or what the general market might be. But I really don't care, honestly. Just run running my money yeah uh mail pack on the cards oh mail for the cards get the pre-paid guys that type of thing i will always talk about those here so we've got just having money in mailbox pocket before yes cash up front uh when you're when you sell somebody a free break are you locking them in mm-hmm if I have my credit card from Scotia then I'm spending it around spending about mail back card are to give the money and money I

spending going to a mailbox that's us I have a cash before and the expenses from that cash we paid someone is coming to me so they'll split right there yeah they'll win a couple of times well too because if you think about it if um if you don't use that card or while you haven't used the cash on the card that's the effect has that money you're just sitting there me a pack that has that money and i'm sure in investing whatever way yeah which is another reason why i love that be a part owner of um alliance right because money that you get from your card payments which they did say before that i that that prospectus was pulled i did say in it that um card services is something that they're looking

for as their growth area yeah so major major major opportunity there if I mean what a synergy imagine if you were it's a if you invest in a big money you like to invest in industries or you like to invest in a total effort I would love and again remember this an assumption on my part you know that's I'm trying to offer there would I don't know of any official link between mail pack and JP if there were such a link imagine being able to have there we already know officially of the link between mail pack and Alliance so imagine being able to own our threat that you get to eat all along the chain right yeah that would that would be a in my view an amazing amazing amazing thing yeah as you

mentioned mail pack to you know yo these guys have to beat them up for the further for what they've been doing since listing like you can't hate them you know since the ipo these guys have returned what 15 percent of the ipo money to um yeah 15 percent yeah almost almost unheard of yeah almost unheard of. Within, how long have they been listed a year? They listed what? End of 2019. So almost 2020. Almost two years.

So end of 2019. Within a year and a half. Within a year and a half, they have returned 15% of the IPO money to people who bought at IPO. And in terms of cap gains, they have, I saw it, just put a little 278% on top of the money. And only set themselves up to grow more.

And at this point, with this sort of dividend pill that we're seeing here, I mean, I'm gonna look at the money look like i'm going quarterly yeah the others are going quarterly latest dividend is six cents and with this type of five cents sorry oh yeah sorry so what you you're not seeing they've just declared it hasn't been paid yet but five cents and it's going to be paid um in the middle of june it but five cents and it's going to be paid um in the middle of june wow 20 of them i was wrong 20 of the ipo money would have been returned by the by the middle of june 20 to your money back with at this point a hundred uh 2788 on top of your initial money

huh I think so so with that type of timeline just it takes you wow there are very few things that can match that's how to return it dividend this form that's what's exciting right dividend this formality that was exciting right yeah a year and a half or there were or you're still a year and a half or the same but listen you're not you're not you're not here you're gonna have actually because i come in may and december as well full months so you're gonna have wow a year and a half 20 percent dividend 20 of your initial investment returned via dividend 278 percent on top of your initial principal long term for you milk is and was a good bit so much in this sinking morning ipo if you hear yourself year and a half

i mean realistically speaking though I I did the IPO was heavily oversubscribed so I don't think people don't know yeah no problem I bring up on a good stuff you don't make money in cap gains and then you get in a dividend cash to your pocket if you're not all the way up to even if you bought a hundred percent higher than the ipo so you make up to 200 after money and get that two percent i told you average purchase price yo oh my god i've said it so much time this the market has been so good good to me in terms of my outlook on Jamaica and where we're going think of the JP move think of just over and over and over I say uh Chris Perry tweeted recently

about legend yeah I see he made that sweet about jc poison become regional exchange as the only liquid forex market in the carrier hmm I think I think we mentioned both of those points in the separate you know but this is becoming a regional exchange and the liquid they've being a only liquid forest market in the Caribbean. Combining them, you see all the possibilities. Yeah. I've always said that I've always wanted, one, I've always wanted JC to have maybe some regional competition but two, I've also thought that JC sleeping on on its

on what it can be yeah yeah really sleeping on what it could be because I believe that it can truly truly truly be much bigger than it is currently right but here's a tweet JC poised to become regional exchange as it's on a liquid forex market in the Caribbean hmm and Jesse have a holy pot a holy yeah yeah nobody's you know remember that under carry coming up under carry come That was a big drop. I'm not sure what just happened. As I said, remember that under CARICOM rules currently, they don't really need to enter another market and speak to the people like a company in another country can simply just list on the JSC. And with JTrader as a platform, anybody in the Caribbean can invest from anywhere really, assuming that they have the broker to go through.

And with our brokers, we present a nice opportunity for JSC and for local brokers jm in trinidad so imagine look say a broker in saint vincent can end up with one jc member dealer and that's where it goes so that might leave maybe on the expansion of some of jc's rules but there's nothing stopping a private company from making new rules yeah and well i don't know if it I think it still fits under JC Rosebank because JC speaks the region and the world I think I'm talking about being a member dealer I don't know how that exactly works I have to actually check it I know member dealers are generally they have to be investment dealers under Jamaica I know know security is out of the water.

But I can't say. But if you have partnerships like that, like how we have with the TTSC and cross listing type of thing, then it works seamlessly. Yeah, I didn't have a cross listing. I think we can do that at some point. Yeah, in fact, we can even go simpler. I believe, could be wrong,

I believe GK cap has a presence there um ncb has a presence in the region jm and b as you mentioned as a presence in the region ncb has a presence in the region that's huge they literally just i believe barita has a presence in the region um it's very important as a percentage in the region right i mean ncb already is in the region via guardian so it's definitely there sachiko is already there jmmb is there via it's uh it's it's associate company sachikor jimmy jimmy is in trinidad as a broker yes yes yes um garden is talking about becoming um a merchant bank in trinidad and, and they can offer those services pretty easily. Guardian, being a stockbroker, is nothing to them,

and they already have the regional presence. NCB changed their name to NCB Global Holdings. They changed their name or something recently. They changed the name of NCB in Trinidad to NCB Merchant Bank. Yeah, which I think is part of Guardian's overall strategy. And isn't that NCB Global Holdings? That's NCB Global Finance, I think. Oh, I didn't know that.

Very similar names, yeah. Very similar names. That's one of the things I wanted to ask John Jackson about, those similar name things that a lot of companies on the exchange do. Him himself, some of his companies i think do some of that same thing to that similar name thing you can do a lot when you have these similar name things because people tend not to notice it right yeah marita does a lot speaking of names with barita and similar names oh god didn't there was a notice out or,

I don't know, somebody brought it up. I know at inception, when Karnasone was invited, one of four points that we spoke about was the, we're into our podcasting, was the name change clause that Barita had for two years where they couldn't change the name from Barita. That's inspired a bit, so. change the name from barita that's inspired so i mean okay i think that there had to be barita

um investment investment for at least two years after the buy after the buyout so yeah we might we might see and cornerstone even change mfng the cornerstone merchant so we might see some a name change and action around that mmm my ideal problem I remember when I first saw the name change cause I fully thought these guys are trying to become something bigger than they are now and the moves keep aligning to looking like that well I believe they intend to use the burrito

name like across the board right they did say that actually by using cornerstone name across the board so far so far i believe so but i believe that they said i going back in time here they said in fact let me yes here is here is um i just shared a snippet with you when cornerstone had bought when cornerstone had bought MFG they said that they're if they're given regulatory approval of course anything could have changed in the what two years feel like ten years if you call the pandemic but anything could have changed in that time. But they did say that subject to regulatory approval,

Cornerstone intends to deliver blah, blah, blah, superior product and customer experiences under a single Barita brand. And MFG will be rebranded using the Barita name because it has significant brand equity, right? And it's like, and that's true, people know about Barita over the years. Barita- equity right and it's like and that's true people know about burrito over the years I kind of

actually my thought was that I would like to see thing there uh Cornerstone actually because I I kept thinking about more than one time over the last couple weeks I thought about how much Rita Humphries has done for our equity markets and say this is a negative thing to have our name stamped there i'll probably just eat there then on cornerstone not watching cornerstone you know my phone so just as i hold the reader yeah i i agree with you but uh i've decided that um you're bashing cornerstone this is so weird um but yeah this i can see I can see. Because Jamaicans know Barita. We might learn about Cornish. Making money.

Yeah. Making money. Yeah. They didn't pay for an ad for easy. But this, I think, is something that's coming. I think it's something that will work well. And this is them being very clear about going into the banking space. I'd have to tell anybody

about banking in jamaica yeah and what that is like so any change to it would be great anything oh my god in the face of inefficient too i was about opportunity exactly and by that they they're very much all about being a breath of fresh air. So they're a very young brand in terms of how they position themselves and sell them to the name. So I can see where they could move in towards a newer type of outlook on the banking space and the same old boring type of thing.

No, continue, continue. I was saying that's just, if even we only get Verita investments and there's a bank and just the banking side is adjacent so I'd say MF1G becomes a commercial bank so if that's just adjacent we don't own it at all that actually does work out very strongly for Verita because the cross-selling of products has worked out and companies can own benefits there. selling of products has worked out and companies can own benefits there yeah that is true and i would love if there was some way to allow me to um allow me to to to own the the part we currently can't own right yeah cornerstone because don't ramble cornerstone on they've been you might a moving insurance that's a big rate yep oh wow available to them but in their

party and a big job into a big job into that space that would have been amazing instead GK did it right yeah yeah Which is still amazing. So you can't complain. Yeah, yeah, yeah. As I said, marketing-wise, like you said, Barita has done an amazing job of refreshing its brand, getting itself looking new, being thought of as new. It's young people alone at your top, but Barita now, right? The marketing guy, the bow tie guy,

he can deserve a raise because yeah he's definitely definitely put out the word there but as you raise the point about gk gk i have to respect how they have refreshed themselves as a company talking not talking about image now talking about the company's performance yo what's their revenue right now companies performance yo what's their revenue right now your demand even make food exciting again i know people who know better people you know better know it's a gk food yeah yeah yeah yeah yeah but no matter no no demanding make food better and and they're quietly doing like it's almost like you know in america or in any other advanced market this will be considered like a major water play then by catherine's peak then by eight seven six water or control

the water right right um i there's a personal story i want to say about buying some landed buy some land with water but that's an off-year story but gk is is really really really really really being impressive ah yeah revenue last year enough last year 110 million remember what their target was target two years ago was for 2024 100 million in revenue sorry you said their revenue last year was so much uh end of last year december 2020 uh 110 billion now now 116. i'm looking at my money jay you have full year right and i watch the interest revenue so yes the revenue itself 116 yeah 15 15 above that next year's target which the next year sorry two years ago was a hundred million remember it was a big deal every analyst right about it on by 2024 in their 100 year anniversary whatever

whatever 100 billion and they say oh we are covid come i will move on it do it early do it early that is impressive they've always done that actually they have that thing where they go you know they wanted 50 of profits or whatever to come from outside of jamaica that they've always done it they continue to do it and do it ahead of time and big up dan webby and company there uh who was also their moves i mean help us make up for money if only from key only from key the glistening gold um full year income was 6.8 billion last year and in the first quarter of this year at 1.1 point. Am I looking at here one as comprehensive one point eight billion in terms of their income and they are undervalued.

There is a JP's undervalued. These guys are undervalued just as much. And I find that very funny the way we are large companies. I always say with we all market where we seem to be afraid to buy a large large trusted company which would think somebody would fall price easier we buy them a little more tools might be a psychological thing we do the price being I definitely think about other markets where boy is just a strong trusted brand almost

in some people's eyes too big to fail then you start hearing like multiple went out the door because it's a free we buy that on a premium just because of the strength of the brand the strength of what they do for asia apple amazon that type of thing if i am huge multiple standing type of thing fine huge multiple starting yeah just wide price too high i think in other advanced markets like the american market less fear and a lot more trust and you can very it's easier to get current cash flow from a large financial or from an institutional on the promise of future profits, future income, right? In Jamaica, because we've been so scared, we've been so fearful. The 90s really hit us in a hard way,

not just in terms of our actual numbers, but our psyche. Yeah, I always say, Danana has thought about what happened then in many ways has impacted how we see the equity markets know the equity markets know is almost like it born again because not many people even know what it's such a new thing to some people you know people think in the socket in your exclusive and then you know and then people think in subject in with non-existent if you better know about NYSE and don't know that JC exists and they come and they're like wait what happened we have a stock exchange yeah and then you

have people who think of it as government oh yes yeah yeah yeah a lot of people think of it two weird things I find people think about the JC in a way they think of it as government and they think of it as charity yes they think of it as oh the government needs for it's a private company yes so they think of it as charity yes yes so they think I as charities like oh blah blah blah this need to be free and everything around it needs to be free no no it's equity market it's not a free thing it is jesse's toxic those people those are just buy it it makes even better if they buy it so you know how skin in game way more than you got free yeah people how they think that that's the other change the thing the thinking changes i think i think about as a company as a

stock but last week's can i do that to you maybe maybe i'll click into that is all gentlemen check i'm actually checking on the company because i've been losing yeah what's going on here yeah yeah yeah yeah yeah yeah it's a it's a it's a it's a level team but going back to gk they have amazing exposure all over right so they have the food they have food in more than one market um i think of them as like a jbg with more footprint and no Haiti so then they're so good they're so in terms of their options and they're exposed to finance kind of a finance arm finance and insurance so much it does so much it does so much for them and will do so much more think about you only just think about owning just GK food right and many things and then just one day

somebody says there's a bank on sale and you can't buy but it does yeah I'd love to own GK FG I hope they spin it off that would be amazing I would be amazing yeah big. Big up Smitty. Smitty says, Smitty has this theory that every time GK gets close to $100 share price, they split. They split. Yeah. They split. Ibs said this to me the other day.

Well, first of all, I said, Smitty, that's not how it works. But to his credit, Ibs said, i'm sure me the last two times that it happened right i say your prices don't live on their own people make decisions but i don't know why they made those decisions and whatever reason it is that they would have made those decisions in the past yeah i would love if they did that or if they if they spun off and separated the food division properly from the finance division my god the amount of money that would be right the amount of money that would be and it's so funny i'm saying that but in another way we have to pick all these companies and call it the second one um in another way ncb selling Guardian is them spinning off their their their insurance

arm right yes yeah it was already spun off we're just giving you a better access to it right yeah now I think the real question is will they do a split everybody I mean I was looking at so the split help split split and raise but let's put out they don't move to the jamaican markets of the areas there's no whatever we have good reason to move to j well they gave us a reason right what was the reason that they gave uh more vibrant market um there yeah they had a more liquidity which does mention they mentioned the valuation of their their shares and um mentioned they mentioned the valuation of their shares and they mentioned just the vibrancy and the things you can do there right we know that said that again which ties into each other yes we know there is debt here we know that they have um debt on the private market here um i know we see them listed relisted here again and doing an offer for sale of shares at 7.95

which as we speak you can actually buy it on the market for cheaper than the ipo which is people yourself i see i said i think you have an idea exactly um i i i but so to me uh if they split in the trinidad what happened let them split them split right guys everywhere i don't know i think if they never came to Germany for the shares and it's been no no war yo let's say they do a hundred to But you can split their hair, then you start seeing up quickly. Yo, let's say they do a 100 to 1 split, right? Because currently they're doing the offer for sale at $7.95. Let's say they do a 100 to 1 split. So they split down to $7.95 post offer for sale.

That would go to maybe $20 something. In my view. Immediately. Because $7.95 is too close to $10. that would go to maybe $20 something dollars in my view. Because 795 is too close to 10. It's going to fly. And let's remember that. Let's remember that at $795. It's currently undervalued. In my most recent results, they put out they knock off a loss of other things there in the first quarter. Strong results. So heavy profit compared to a last last year and these guys

aren't joking either with insurance gaming i've been paying some attention i've been doing some digging up because i you know one of the companies are looking at that the next advanced girl and they're um within the region they're growing heavily and and they're grabbing a lot of stuff then buy up a bunch of the yo there's so many tangents here they bought up a bunch of the i could be wrong they bought off a bunch of the brokers insurance brokers in netherlands you have enough brokers that's an insurance company right there you know um you see me i'm a google translator i work the whole uh late night i read up yeah so they buy up a bunch i'll even try and pronounce the name so the a bunch of protocols in netherland within the region they have stuff

i think within bahamas they have a they have an associate company royal star i think um they themselves are growing great they just got aarp membership in america or some alliance with aarp which and they're looking for ways in which I can grow I think they look on the US market you see people living longer so that mean are using the ARP more you have to be old top ARP membership right you can be young you can get it through your parents or whatever and you know my mantra at insurance is the new banking so they're bringing in heavy growth they've gotten the COVID hit and I'm gonna say they've gotten over it and

if depend on here's that here's a gem depend on your interpretation understanding of IFRS 17 that might actually be super profits for them going forward or super profits for them going going into ifrs 17 i think takes effect 2023 but you can if you want to um um for example replacing ifrs 4 i'm gonna refer to anything so i don't say it has annual periods ending i think in 2020 or something like that but the point is you can choose to recognize it before if you have forgotten the reason why point is, if you if you check out what that actually is, what it means or what it could imply, a lot of insurance companies might be

a good thing to own or a bad thing, you can go and do your homework. But it is this as an insurance company is an amazing thing to own. And then you remember that it's owned by ncb which just happens to be the regional banking giant depending on who you ask and i'm the one saying i want to say i guess maybe it's a republic probably yeah yeah i'm gonna bank an ncb yeah yeah i don't know republic i know n CB I know leeching this this Guardian business here is an amazing thing I might you think of it as a spin-off of

NCB's insurance business then this is an amazing to happen if you buy this at 795 and these guys do a split we don't know I'm doing a split this is speculation but if they do a split at 795 and again even if I'm does it we don't know what the split would be but let's say they split down to a hundred to one split seven dollars and ninety five cents you can put it you can't say i tell you twenty dollars within a year within a quarter i would say but twenty dollars within a year my personal easy easy easy because everybody would immediately rush it i think it's fairly valued at about $15 currently. I'd probably push it to $30.

$30. Word. But it's for those who are patient and if, of course, any of this stuff works out. Let's see if any of this stuff works out. And I mentioned the point about them buying up those those um brokers and it made me think about the amount of brokers that we have

in jamaica insurance brokers some of whom are listed at what point do you think that insurance company here is going to say let me buy up some of these brokers and just control that vertical fully going to say, let me buy up some of these brokers and just control that vertical fully. Let me stop paying out commission to these guys who are writing for me. If I am, I don't know, I'm sorry if I've gotten this wrong. I'm saying this off the top of my head. But if like car brokers, if car insurance brokers write mainly for Sajicor, Sajicor I believe pays him a commission

for everything that they write at what point do i just go i don't just buy them so i don't have to pay them a commission anymore they're no longer they're no longer just a separate thing they're no just my they're just a sagicor office at what point do i do that in order to control my expenses because i have to keep as much money as i can in house because you know the reinsurance business works our point doesn't make perfect sense for them at that point it'd be really good to own um brokerage shares if you can right i would have that many listed yeah without that many listed we have i think it's just cap i was actually i think i mentioned this year i was wondering if svl would buy it yeah no that was actually going to be my second pick that company yes my official second pick

yeah svl you know me i love them in terms of um infrastructure yeah that's what svl is an infrastructure company that happens to also sell lottery tickets that's how i see them they they oh yeah we make a lot of cash from I've been I started going in mini Berkshire I think of them as a I was gonna say Vanguard but that's that's Mayberry I think I'm as Vanguard Berkshire why why you say that well it's actually it's Mayberry is more the Vanguard yeah Mayberry is Vanguard in my opinion it's still but Mayberry is more Berkshire than SVL because it's Mayberry, they're using SVL the same way they use, what do you call it again?

Berkshire. Berkshire, the same way Berkshire uses insurance companies. I think it's an insurance company called, I mean it's Geico, but what's the, whatever it is, I can't even look it up right now, but yeah. Yeah, but heavy cash to buy in some things heavy cash to buy in some things yep yep yep in fact i like svl almost i'd say almost better than an insurance company oh it's same same yeah yeah the constraints are not there less constraints yeah the real constraint is paying out exactly uh we have to maintain this certain amount of assets in this certain way

and we're restricted in what we can touch yeah we have to buy um certain the government can mandate that we buy certain things government can mandate blah blah blah svl is just yeah if you if you catch what a man play will pay you matter of fact they report the numbers to us after they've paid out beautiful beautiful and they have if you think about it we say cashback machine there's one everywhere that's a network of that's network. That's a financial network that's not considered a financial network. I don't know where I saw it, but I don't know if it was in an auditor or something.

The custodian for the money, they think that they call it, this is a tangent by the way, this is probably not human material. I think it's Mayberry, right? I don't know where, I think I saw it somewhere. I have to check, but I think Mayberry, it does some other way of controlling the float and how they do. It doesn't actually matter to what you're saying. That's our point.

Whoever controls the float, that is an important point, what do you mean? That is a hell of an important point. That's where the cash sits, right? No, that's what I was wondering. I don't know if I saw it somewhere. I feel like I did, but I haven't actually doubled up on that. No, SVL is, in my view,

that's the second of my top two, and it's not two. Not two. Oh my God, man. You see the queue? For SVL? Mm-hmm. I have not looked cube for israel i have not seen like a couple weeks now and then it's in the 20s pushing it's over 20 now and the huge one on the sell side oh oh oh so it's crying for growing to see one wow wow wow, wow. We had to move again. And it was pre-pandemic. Pre-pandemic.

And then it's past that now, I believe. Unless it's a little bit old. You're not 20,000. And even on the betting side of the business, you know, they're still strong. I think you were pointing out the other day that yo i haven't heard anything from um i've heard anything from from from the next two for yeah from the the the entrance in a while yeah we see the share price flying up they're showing their strength in the market as the actual leaders of the betting market and then they do not quite a bit more yeah the growth the growth

yeah i don't expect the plants came on us you know even that is so great i have to wonder i saw a thing there right like again they came on us they was tournament recently at a last our last episode spoke about the chairman no my I think that the sitting there the plan developments around the area ah yeah the toys in yeah and the economy zone and everything around it and anything of all that will feed into it came on as if came on is just it's used as the cameras issues as more than just i think more than just a risk room i'm me the boys were buying to meet many events so you just more type of events being held there as more affecting their uh entertainment room generally are not just a risk row then you might still have you from both of

them if it's a workup that would be what you think that is so what do you think the main event thing is and they they've come out svl has come out openly and said that they're um they're they're looking to do i looking to do a an events company they said and if i get it that right events company trying to remember the exact what the exact thing was that they said that they're looking to do something a lot but it was it was a little after it was like a day or two after they'd done the the um the announcement about the yeah about the um announcement about the yeah about the um

i dare to offer they don't know about buying into main event which is share the share they um they share some leadership with right um i said i already heard questions around whether or not it's a conflict of interest i think we just use that term wildly they use it as if they're saying i don't know if they're using it correctly or people use the card and everybody else takes up a negative connotation on the enemy it's not a conflict of interest in that but it's just there is a conflict in somebody so they're just competing interests in terms of not necessarily against each other it's just like i have an interest in this

and then there's another there's another interest by positioning myself in that certainly so it's like uh a competing uh say look at this if you own a back to this company right you need farther together and then use it for next part company your father gave permission and everything to do it there's comfortable interest by you by you having the next part of this company your father gave permission and everything to do it there's some sort of interest by you by you having the next part of this company because you're competing correct you're in a competitive business yeah it could be seen that way but people might take it as boy my name father vex and in reality everything cool but you might be probably buying the um what i call it again the scoops and creamy that type of thing yeah yeah conflict of interest is there it does that's why i always like to disclose and talk about it see if it's fine it's not the

bad thing that there's a conflict of interest it's just that conflict of interest so yeah i don't know that there's even any conflict there. If Supreme Ventures know they're going to be looking at events more and more, it makes sense to buy the company that you're going to be partnering with heavily. It's just like we said, it's just like JP and Geest. We ship a lot of fruits. A lot of fruits to Europe. So it makes sense to buy a shipping company that ships fruits to Europe yeah yeah you know what I haven't heard anybody really talk about with main event and this is the other thing a part of main event I mean my girl got to notice from doing that the move up on main event but part of main event is that screens screens have a lot of screens and there's something screen wise there is there any synergy between what main event does with screens especially in the region and what SVL does in terms of

horse racing SVL Caymanos in terms of horse racing there could be that right and we know that SVL has a deal to broadcast that the race is from horse from Caymanos within the region I think to other parts of the world UK I think South Africa too I think so another African thing was cash part cash cash cash part is South Africa correct you know these guys are this this worldwide bro worldwide without any of this the headaches of our insurance and you know the difference between betting a betting company and insurance company is that sometimes insurance company has to give you back some of the money yeah you win it's cool go again the host always wins yeah um yeah

the house always wins yeah yeah it's the other second companies is is amazing and that that Q really looks right for growth but again it is the patience and whether or not it seems but I thought it seems exciting to you and these guys are consistent dividend payers every quarter every quarter there's a nice consistent dividend from the past like enough money you're getting a special dividend with it of course yeah man if any yeah if any if anything special at all happens you see you see a special dividend payout right um i mean look at that there's a strong consistent dividend for the people who care about that and the people who can put money into that that's a serious thing to look at honestly that's wonderful

alright that's my second one give me your your little boring jump back on something spoke about I mentioned it in the John Jackson episode you know what's that signals I mentioned oh it was at the time I wouldn't have been buying very quickly make it sometime after that when results came out and it fell and then that's when i would have said i would have been buying up to now you i look at the thing i look at the results that they put out recently and it's showing strong strong movements from just the race they made new investments money coming in heavier interestingly if you look at a bit if you have some more depth some more money from there is

still there so that's more money to deploy more money as they call it so yes so they're not very good space more money on the books still heavier investments more revenue coming in better profits they might cut down on the interest expense i mentioned earlier before so to be honest signals is the most complicated as those guys on twitter will tell you so to be honest over next year i said good i said some goodness from signals yeah over the next year and people think that that feels important but just probably you're going to hear a consistent growth and the way the type of company they are you see how much they do here how well they compound money yeah like as we've said before i said before that um they they are they're a function of of their dry powder they're deployed powder so from you see them do the apo let me see them do the apo i mean i'm not

sticking around for the ap and i didn't i didn't that's the source immediately yeah yeah you get me when it comes to investing it's okay to be a wagonist i'm a wagonist when it comes to this stuff right then raise the money from the sidelines yeah yeah like hey good work guys you give give that company the money you've done it and you're gonna buy i think the name of your price yeah i'm below i believe yeah i'm below yeah yeah and it's still no deals yeah and we're still below i think we. And below, yeah. And it's still no deals. Yeah, and we're still below. I think we're still below IPO price, no? No, we're above.

We're above IPO price, no? I believe so. I believe so. IPO price also. 15, 16, I think 16. It might be below, you know. Well, it's currently at 15, 59. So it's below ipo um even anywhere near ipo this is a company that is orders of magnitude larger than it was at ipo i mean the latest quarter results alone show you that and these guys have some consistent earnings right um i think every company shows some amount of seasonality but i don't know if, if they might that much seasonality because their income. It's just paid payments.

Exactly. Their income is another company's bills. Yeah. The loan money that you have to pay back is the loan money. Don't it don't shift down because your numbers are low. But then again, I don't know if like maybe they have, um, some companies where, you know, they get that percentage of, of rev or whatever. But I think they have, have i my assumption is that

they're pretty steady revenues there so as a function of the dry powder i put it in simple terms and then what the money and give out a percentage of that is coming back to them as revenue i've been trying to reason uh think that when a manufacturing company does a raise then they say well buy a new to buy a new factory then i will hire workers and then everything has to line up properly for the ramp up signals i agree say i can give you the money before we lock it down we get everybody on board and say all right you need this cool soon come i'm going to kind of say yo i'm gonna lend me some money quick and fast right so these guys are are set people worried about ecl the company is set up in such a way that ecl is not something that they have to really they even mentioned that the way the ecls work is that we have to book it that's how things work

but on the back end collateral whatever exactly collateralized i wondering about thing there the signals real estate it opens up things that it opens it opens them up to be freer in terms of using real estate as collateral because say so the news goes but i have a killer then i can just offer anything to the real estate fund i gave up my cash and i can't go to the east as soon as possible i don't know they're not doing that right now but i think i really said phone having more money there makes that movie and i would say that real estate then real estate i mean it's a boring thing at its core you don't want to hold that so so list it. They'll probably list it soon.

They've spoken about listing, so they'll probably list it soon. The real estate, yeah, because just as how the business works, if I need to then utilize the value of the real estate there, why not double it up? Yeah, let me be able to utilize the value of the shares in the real estate. For one, I know other times I can actually utilize the value of the land within the real estate, the actual asset within the real estate fund itself and if i borrow money from you guys or not me but well no no sorry no point at the race have i contributed

i'm so sorry sorry but but if if i can borrow money from you guys us the public I think I did I did participate in the first race that I was the one that crashed the stuff IPO you're welcome yes you're not the only one I'm sure but no probably would have been there to you people can go back and say I would have spoken about at the time but if you can buy buy the property bar the money buy the property then least you know you know the old it money buy the property then list you know you know the old it's not a trick i don't call it a trick because people are so fearful when it comes to the market but it's a good it's good business borrow the money get the asset set up the asset

the asset holding however you think is best um and then list that company to pay off the debt yeah it's perfectly good it's even better if and and again, assumption on my part, I don't know. Maybe we should try and talk to somebody from Cygnus. But it'd be even better if I borrow the money from you, use the APO, meaning me being Cygnus, SCI, get that money from you, use it and lend the real estate holding company to buy the real

estate or whatever. Then when I list the real estate holding company to pay the debt, it's actually signals that it's being paid. You have now sealed in your income. You've sealed in your profits also. And you're guaranteeing it because you're listing it to the public.

Who's probably going to run into it? The pensions love this stuff. money love this stuff and so i'm paying myself essentially twice and i also own a piece of the real estate fund so my asset base continues to grow and i can borrow against that deploy more and you guys will lend me money because i'm showing strong results which i have baked in showing strong results and rinse and repeat. I love Cygnus. I think every single year I can see a quarter or two where I must be a Cygnus shareholder. And after a certain point, it's probably just going to make sense to just remain a Cygnus shareholder. I don't know if i'm at that point yet but the beauty is being able to buy it

being able to buy it at 15 50 and 59 no this company is not worth that this company is worth easily double it's a 30 dollar company and if them did that real estate move boom it's amazing you know i always wondered what was the link between them and first rock yeah I was wondering I would be surprised if they paid if they bought some of first rocks real estate for first rock hmm they're really good deal at their very very good deal I like sickness I really really like signals uh i thought somebody recently said he was first one didn't pay dividends somebody said that they wished first one didn't pay dividends why they just get to the money and never talk about it okay okay okay maybe you can't tell certain people that as it in terms of certain shareholders they're satisfied by the dividends so

that as it in terms of certain shareholder they're satisfied by the dividends so in a raise has a lot to do with dividends so yes yeah yeah yeah yeah yes yeah that is um i mean different strokes or the beauty is too much i'm sure i've heard people say that but it's not pay dividends as a reason they wouldn't buy it someday. Yeah, lots of people have said that they wouldn't buy a company because of no dividends. And I believe, even what signals to the credit does pay dividends. This is not the correct dividend amount. There's even more. They pay dividends almost quarterly would seem sure here or maybe twice twice

a year maybe twice a year pinned to the us dollar so that's even nicer so you know that they're keeping the value we love that over here yeah yeah and some days it makes sense right because like right now when i think that there might be more devaluation coming could be wrong i'm not i'm not a a currency expert in the least but they're definitely keeping their um income steady by doing that and they went ahead keeping their income steady by doing that. And they went ahead with their raise, right? They went ahead with their raise in JMD and USD, I believe.

Or is it a straight JMD? I don't even remember. All I know is Signos, one way or another. I mean, I don't touch the USD part of the company, but I know a lot of people do. Look at this drop boy. a lot of people do look at this drop boy people mention the usd i even have a few more cells like i said that on twitter the other day uh that came up on twitter i mean that tweet

i was talking to us his name they got giovanni i think giovanni hannerton i think is his name i know he likes the us dollar investment and i i'm always saying that i can't i can't understand why people do that to themselves i mean not i'm not saying that people shouldn't do that i'm not saying that it doesn't make sense in certain cases let me be very clear because i know these things get repeated and added different meanings on it it not saying it doesn't make sense in some cases for me though with the low levels of liquidity that you see on US dollars I mean I think there's a margin of emergency and trying to exit certain companies you know how much money you lose or the fact that he gives yeah substantial points in certain companies I mean'll say true i mean just open one of them

as well on the buy side just sitting on the back right all right let's see i think signals usd is probably one of the most liquid and that's terrible just imagine trying to sell imagine 100 000 units you have to take a hell of a discount hell of a hit yeah you have a suck up selling something that you think is worth 20 years since and i think it would be in actually making in actually getting money i think that again in the indirect enterprise rising often tells me that people get up and say boy i think that's basically a steel oven gift despite whatever happy on an excited probably USD seems to have a little bit of a boss behind it yeah I mean I try I tried what I want yeah it's hard to find more today to be

desired recently did a traditional heritage fund so it should be totally management fees under Oh joy but heritage is quite passive so very very very passive or maybe that's good yeah as people giving you their money that's another insurance insurance proof is all those companies that I would love to be a majority shareholder in control yeah man yeah man it's one of those roe companies you know if the ease me if I have an expense line coming out either if I can have proper control and I can direct it to our one perfect this is a regular man who do have 200 million dollars right I'm alright yeah man I'm good yeah yeah

so top two a thousand second one that's my second one I think that's that's a nice it I've gotten a lot out of it and if you want to anything extra for the people no extra for the people I'm always here guys if you want an investment advisor shameless program right here yeah you probably should go over we can work out a route towards your goals and a profit you can and it's and it's an investment advisor that I've spoken to so people ask me all the time who is an investment advisor that I know about blah blah blah here's one I hear me talk to all the time seeing them have since you understand it I also know is

not you don't tell yourself the lie that people tell himself all the time I hate hearing out people say double the things I said he says about the things you say oh well you know is a rich people thing when I have big money like stop assuming we started a little to no money we understand poor people's lives we we spoken about releasing and then i took four so oh yes we should get onto that yeah we should get talking about certain things it's not it's not what people think at all people tend the second you sound like you're competent with this and people assume that you immediately reach um i think i don't think that you got a big joke um we talked we've spoken to

people on the podcast before and i thought it's about a common code journey and just affording things that the market has done for it we've got current from 876 invest think about paid for universities masters yeah strong market yeah people don't have it just because i've been paid for the masters and give them all about our money yup yup and there's a whole lot more stories people like now then people dm me all the time and tell me about it people people people tell you very touching stories and very real life stories and our own stories are there's a stop don't lie to yourself assume says not for you yeah check it out it is worth it and you can definitely make a lot of money and a sensible advisor is an invaluable tool so somebody tweets recently that he advised with my advice and to be honest they're not straight advice really

they're sales people so it's true i think that's a good position but i've set up for myself where i'm not tied to a house i'm not i'm not the end of a sale if i pay to buy some it's not there's no benefit for me in time for you either so i don't get a commission on you trying to force it into us not to make you buy as much and sell and buy and sell them that's it get into the money here so exactly and i i love that i think you know my view from long time and and the state of analysis and recommendations so i've seen it better now and i'm happy that yo is that a complaint again happy that yo is that a complainer people are saying yeah yeah yeah he can't give you a real answer regurgitating something i can just run very quite too often yeah and and it's there you hear

it all the time i hear it all the time i hear it i hear it on the tv i hear it on the TV shows. I see it in the monthly reports that are put out oftentimes. You all see some crazy things. It's so iffy. I don't want to say anything because people take this stuff so personally. I see that. It's just a joke. I know a lot of it. All right.

So I recommended one just this week. And I don't recommend advisors on advice. I recommend them on customer service. Customer service. Exactly. I don't use them for advice. You can't ask me who do you advise. At this point, if you ask me for advice, I'm right here. But I recommend my other um customer service and so surprising like those one of the strongest backups in the world she happened to be the person i'm recommending to that's your advisor and immediately she says complete

she can't hear from him send him my email and can i get him. No advice, anything I'm in the market, you should not get here for him. But he should have asked first, that type of thing. Crazy. If they were at least good across the board at just giving me good customer service, putting in my trades. Think about that.

Just think about how much can you recommend on just, boy, this person will put in, this person will get my trade done on time. This will get the funding done on time yeah yeah we need an advisory coming just for that so somebody yeah yeah yeah yo if you're a host and you're trying to change the game and you want partner link us yeah please link up link up link up um it can help you and can help us or you can continue to ignore um but the people seeing it the people are seeing it it's very plain um i'd have to say i spoke once about competence showing itself you

have to say it it shows itself yeah so please up the service of the service level because the people are all for better begging for better money is their livelihood this is their yeah it's not a sound good thing is that, are you able to prove what you are showing? You've heard us say this now for a year, almost two years, I think. We're still saying the same things. We're still proving it. We're doing show and prove. We'll be doing it for two years. At this point, it's kind of obvious, right? I mean, Danae now doing it officially, you've heard him unofficially talking about it for this time so you know the sense is there yes we didn't have a hide it you can just go back on this to the early episode and check to see if it has the people know

what I'm talking about it shows you'd have a song with yourself a show it so please people help push your brokers push your push your advisors yeah and and on that side industry if you're looking to do it link up or more than willing to help you i have i think about the times that i've offered to help for free bro we have been we have been helping for free just think about that yeah no well obviously god even i can't deny the impact that I know that I sprung from either it is very free that very much love me or hate me how many people have heard how many people still tell me that well boy you know I see and then show me this website that you're on or they've shown me a tweet nobody yeah it's obvious it's known so please help want to help you step up I don't even anything I'd have a free anymore but but yeah yeah the service is there

it's not remember the market is in government and the market is in charity it's business there's no reason I'm gonna help a multi-billion dollar company for free I don't give us no charge making a lot of money we've helped them to make a lot of money those trading games people the increased interest in the stock market it can be linked back to a very small amount of people so yeah big up those people myself included and Chris yeah the junior market yeah trust me trust me the junior market without that man would not be anywhere near where it is now um i should point out things like this let me just you know one time big up to my money ja um if you don't know

the website you should know it now jump on and see if you can get yourself an account By the time you're hearing or seeing this you definitely can get yourself an account So jump on to my manager a you can drop you can you can set up your portfolio You can set up alerts so you can buzz you you can send me emails and stock reach certain levels You can see news you can see a watch list the overall max is there it's a little tidbits to depend on where you're looking at see news you can see a watch list the overall market is there it's a little tidbits to depend on what you're looking at um i mean nice the things that i like these things like fisco which you know makes a lot of money from fuels boom you know it's an idea what the prices are little things like that um i didn't have to oversell it my money j.com pick them up

and jump on and get your account. It is worth every dime. And there's also a free tier, but it's worth every dime, I believe. So, yeah. With that said, this has been another episode of Earnings Season. I am Randy Rowe at RTRowe on Twitter. And I'm Benat H. on Twitter. And this has been Top 2, but it's not 2. I hope you enjoyed it. Big up.

Earnings Season, bro.