FINV · long Finvolution Group
FinVolution, a China and ASEAN unsecured consumer lender, trades at 4x earnings and 0.5x book value.
Sector
Emerging Markets
Everything our editor has picked under this sector, best first.
133 stories
FINV · long Calvin Blissett on X
@sidecarcap This is exactly what I think is happening with $SLM $KSPI and maybe $YB. $KNSL too
Ian Bezek on X
@valuedrift Without naming that which should not be named, it is interesting Mexico $EWW is up 1.3% today.
KEDM.com on X
TIM Brazil $TIMS3.BZ / $TIMB will be buying back ~55m shares over the next 18 months. Not a huge buyback (2.3% of s/o), but this one is notable because s/o have been roughly stable since, what, 2014? Also, the stock is down 40% from ATH over the past few months while TIM keeps growing. We saw something very similar in 2024 (the price action, not the buyback), with the shares moving +100% the following year.
PesoRama: Research Flash
PesoRama will reach 54 JOi Dollar Plus stores by November after raising C$28.4 million, funding more than 50 additional Mexican store…
SG on X
Reminder: $KSPI has nothing to do with KOSPI https://t.co/E9XdtsYHS5
A Capital on X
Trump is “jawboning” a peace deal. Cut Ukraine’s Starlink access, unfreeze Russian corporate assets, and suddenly everyone has an incentive to come to the table. A peace agreement would be a double catalyst for $KYIV: removal of the war discount and acceleration of underlying growth…
A Capital on X
$KYIV https://t.co/bGd6IJ4Xl0
A Capital on X
Rothschild out with a great piece on $KYIV. Such a strong fundamental business hampered by an enormous war discount. Any credible peace deal would not only remove the geopolitical overhang but also accelerate the underlying business through lower costs, reduced capex and significantly higher FCF. A double catalyst: multiple expansion (war discount removal) and fundamental acceleration…
Deep Dive: Inter & Co
Inter & Co, Brazil’s second-largest neobank, grew over 20% with controlled delinquencies and 15% book-value compounding while trading at…
Brazil Potash: Bull Case Is Starting To (Slowly) Bloom
Brazil Potash has secured court support and a power agreement, but financing, dilution and potash-price-sensitive EBITDA remain central…
Wolf Report 3 clicks
You Understand Now, Why You Came This Way
Brazil’s October 25 runoff puts Bolsonaro’s likely victory at the center of a bullish regional-stock case; Golar LNG (GLNG) also reports…
A Capital on X
I wonder if Russia/Ukraine will come to some sort of agreement soon? 🤷♂️ $KYIV https://t.co/kkm1TDJbPf
Namib Minerals: Research Note
Namib Minerals posted H1 adjusted EBITDA of $19.0 million, up 76%, as higher gold prices offset lower production.
Ian Bezek on X
@latamsovereign Mexico has 10x as many American retirees than any other LatAm country. $ASR $PAC $OMAB
Lesaka: A $4.69 Stock With a $20–30 Case
Lesaka CEO Ali Mazanderani has bought more than $10 million of stock while pursuing a $20 to $30 valuation case through targeted…
Lesaka: Why He's Betting Big | Ali Mazanderani | Ep. 5
Lesaka’s executive chairman has invested more than $10 million personally and targets EPS compounding above 40% through consumer, merchant…
Fajasy on X
And the global half is already moving. $ELMT bought 4.99% of Masan High-Tech Materials for $124.75M on Oct 1, and expects the Vietnamese supplier to stay its key refiner even after Springer comes online. The ~$100M Refining & Trading bucket covers Australia and Spain on top of that. https://t.co/lTme3cYw9M
Ian Bezek on X
@valuedrift $CAAP up 4% but $ASR flat because apparently it is better to own 1 Brazilian airport today than own a dozen Brazilian airports in three months once the M&A deal closes.
Deep Sail Capital on X
$MELI - Excellent Brazil outcome. Stock was at a technical bottom of its consolidation wedge. Business results will begin inflecting as the credit portfolio growth slows due to it’s now to size. Very bullish: Economic Backdrop, Business Results forward, and technicals
Brazil could be the Q4 Macro Play – My stock ideas: $NU, $INTR, $PICS and maybe $STNE, $PAGS, $DLO and $MELI
Brazilian fintechs NU, INTR and PICS stand to benefit from a Bolsonaro-led runoff surprise that lowers fiscal risk premiums, rates and the…
Ian Bezek on X
@elcolombiano More good news for Sureste Airports $ASR and Corporacion America Airports $CAAP. "Medellin has peaked bro" folks in disbelief. https://t.co/d7nDOraQbO
Ian Bezek on X
@aurelius28 I think $CIB is worth about $100 so you're hoping for overshoot of fair value if you buy it here. I much prefer its smaller and much less liquid peer $AVAL as the "catch-up" trade.
Calvin Blissett on X
@JordanBoekel I have skimmed over $FINV, $LX made good money in $YUMC, looked at $PDD. I think management is even more important given regulatory risk and China and that is partly why I like $YB
