GBA Presents: House of Gummy-!

Discussion in 'Stocks' started by stonedinvestor, May 13, 2023.

  1. Working on AFRM. I like $50.
     
    #10961     Dec 19, 2023
  2. Update- Break out today!

    New stock to look at-->Kinsale Capital
    Kinsale Capital is the only pure-play excess and surplus (E&S) insurance on the publicly traded markets, covering unique insurance areas such as cannabis tours, rage rooms, racetracks, and blood banks, along with a few traditional lines like construction. This specialization helps Kinsale deliver best-in-class operating metrics -- such as its 83% combined ratio and 21% return on equity that I bragged about a year ago.

    However, as incredible as these figures were, they've improved to 77% and 32% for the first three quarters of 2023. Despite this improvement from its already market-leading profitability metrics, Kinsale's stock has slightly lagged the market over the last year, succumbing to a 20% drop in share price in a single day due to "slower" 33% growth in written premiums.

    Regardless of this slowdown in premium growth, Kinsale grew earnings per share by 93% over the last year, leaving its stock trading at a much more reasonable valuation than a year ago.

    [​IMG]
    KNSL PE Ratio Chart
    Still only accounting for a 1.1% share of the E&S industry, Kinsale's focus on its odd (and unloved) niche of the insurance world leaves it poised to remain an unstoppable force, continuing to insure lines its larger peers want nothing to do with.
     
    #10962     Dec 19, 2023
  3. Looks Good!>
    Flutter Entertainment plc (PDYPY)
    Other OTC - Other OTC Delayed Price.
    88.17+3.14 (+3.70%)
    As of 09:49AM EST. Market open.
     
    #10963     Dec 19, 2023
  4. Off to the gym where I never have fun anymore.

    Wearing my woke jeans!
     
    #10964     Dec 19, 2023
    TrailerParkTed likes this.



  5. Ted-be careful with AFRM it will go down starting tomorrow.
     
    #10965     Dec 19, 2023
    TrailerParkTed likes this.
  6. If you think about it all these kids using buy now pay later many will default in the next reporting cycle.

    Also everyone is forgetting the competition. Apple and others and Klarna will come public soon i think. The rosy days for AFRM are numbered.
     
    #10966     Dec 19, 2023
  7. Sold out $2.2-$2.40 :) on the $50c.
     
    #10967     Dec 19, 2023
  8. Stoney you are not that much older than me and you are better looking and rich! When I feel like shit and hit a road block at the gym or trading, I change my style to 99th degree Black Belt of Master Stoney and Master Van.



     
    #10968     Dec 19, 2023
    stonedinvestor likes this.
  9. Ted I have had this health scare. It has made me upset. If I get through this without going to the Dr it will be a Christmas miracle. Health threats make you realize you are old. It is a depressive cycle.

    I am watching CNBC to see how Bullish they are>> so far 100%.

    These are the tea leaves I read before predicting a reversal.
     
    #10969     Dec 19, 2023
    TrailerParkTed likes this.
  10. Love the anime!

    CNBC is full of full blown idiots. It's because of these losers that I always look so smart.
    Buy high sell higher// you have to get in//
     
    #10970     Dec 19, 2023
    TrailerParkTed likes this.