Annual subscription/ monthly subscription | My plans

May 10, 2022

It is so important for me to get organized and review my subscription and services I got from USA/ Canada. I like to put together a check list so that I can manage better. 

1. Exponent / monthly subscription, annual subscription $149 per year, renew March 23, 2023 | Paid by US citi credit card
2. Leetcode / Annual subscription, $159.00, Nov. 11, 2022 | Paid by US citi credit card
3. SeekingAlpha | Citi credit card | Membership Jan 22 - Dec 22, 2022, 12/14/2021 $179
4. Google - youtube - free download | GOOGLE*YOUTUBEPREMIUM INTERNET NS | $13.43 | Scotia credit card Auto payment
5. Microsoft - office software - monthly | MSFT *<E0800IF8XH> MSBILL.INFO ON | $12.32 | Scotia credit card Auto payment
6. Rogers - monthly payment | ROGERS/FIDO BILL | Scotia credit card Auto payment - $30/ 1GB data
7. Amazon kindle - unlimited edition - monthly (June 21, Scotia bank visa card $10.49)
8. Zillow - rental listing - $29.99, Feb. 27, 2022 - one month rental listing charge | Citi credit card | ZILLOW *RENT LISTINGS 866-961-2570 WA
9.  ENA*APPLIANCEWARRANTY 886-386-5286 NC | $125.03 - 05/01/2021
10. BROWARDPLUMBING PARKLAND FL | $890 | Citi credit card | 08/09/2021
11. Skype | Skype Number, 12 month subscription (+1 561 948 xxxx) | Total amount: CAD31.14 | Transaction date: Aug 18, 2021 | 
12. iRun club membership - $40/ annual
13. Auto insurance - ICBC - around $1500 Canadian dollars
14. Auto maintenance - $1,000 Canadian dollars

July 8, 2022

I like to consider the following service: 

1. Linkedin learning - annual subscription, monthly $24
2. Udemy courses purchased - $240 dollars - system design - Need to finish those courses first

US citi credit card:

August 16, 2022

Vancouver open 2022 tennis 

Plan to purchase weekday pass, so that I can learn better about tennis

Sept. 6, 2022

Linkedin learning - Annual subscription, $342/ annual subscription, close to $30/ month.

Here is the blog starting my trial subscription. 

Sept. 8, 2022

AWS service 12 months free - Sept. 2021 - Sept. 2022, $28/ month plan - consider to make purchase and learn more about AWS

Oct. 7, 2022

Dec. 11, 2022

Leetcode, $159.00 dollars

Dec. 24, 2022

SeekingAlpha.com, $239.00 

Jan 27, 2023

Cancel tryexponent annual subscription 

Feb. 23, 2023

Sirius streaming service - First three month free - August 2023 - $24.00/ month including GST, PST 12% tax 

Car + Sirius app 

Feb. 24, 2023

Amazon unlimited kindle membership - Cancelled on Feb. 24, 2023 

March 29, 2023

Amazon prime membership $99 annual fee, plus prime videos 

May 29, 2023

MorningStar subscription - Annual fee $240 US dollars 

June 16, 2023

Google one annual subscription - paid $3/ month 

July 2023

Tipranks.com, annual fee $360 US dollars

Sept. 2023

$50/ annual, $6/ month for subscription - start to subscribe 

July 2023

IBD digital $49 US dollars/ month, Barron, market watch 

Oct. 2023

Netflix $20/ month subscription starting from Oct. 5, 2023

Oct. 6, 2023

Grouse mountain - snow school 

Winter break - four days 

$356 

Oct. 10, 2023

Linkedin learning - renew - $380/ year, $30/ month 

Nov. 12, 2023

Investing.com pro $12/ month, discount $90/ annual

Renew data: Nov. 13, 2024 

Nov. 14, 2023

Renew Leetcode premium $159 US dollars. 

Nov. 23, 2023

CNBC investing club - Jim Cramer - $249   Nov. 24, 2023 - Nov. 24, 2024 

$249.00 US dollars

Dec. 14, 2023

SeekingAlpha.com - renew $239 

PSFE stock: Yahoo -> Finance -> Conversation | $5.20/ share in 2 years

Backed up the truck today for PSFE. Reasons are as follows:

1) Trading at just 10x EV/EBitda
2) Generating sizable freecashflow, and at $2.80/share, it equates to over 11% ROE.
3) Given that largest shareholders are very savvy Private Equity shops (Blackstone being the largest), I can see this puppy being sold in coming 2 years at 14x Ebitda. Assuming no growth in Ebitda, this amounts to share price of $5.20. This equates to 85% return in about 2 years from current price of $2.80/share.
4) New CEO will be more aggressive in cutting costs to generate Ebitda…….so in the event we go in recession, he will be in lock step with revenue decline to generate flat cash flows.
5) There is an upside case where they gain more tRaction and the stock breaches $6 in 2 years.
6) Downside is limited given the combination of both multiple compression and cashflow compression being priced in already.
7) Compelling risk/reward given a differentiated leadership position in gaming industry, strongly aligned large shareholders, new CEO.

Guidelines

• 

  16 hours ago

  They did the cost cutting, they got 1b from SPAC investors, added another 1b in debt and EBITDA isn't growing? That's the reason why we are this low. If growth occurs (10-25%) yearly should be possible in the business + high growth verticals we might see an uptrend but for now nope.
• 

  yesterday

  I already backed the truck over myself on this one, but managed to add a bit on the dip to average down. If we can clear the ER without a big negative surprise, write down, etc., we should be an uptrend and retest of highs...
• 

  yesterday

  @Bee They just reaffirmed 1Q guidance, as well as 2022 guidance. At current share price, the company is trading at 10x Ebitda and 3x revenues. This for a cash generating company with 14% ROE. And, by the way the price of $2.80/share is well below what insiders just paid to acquire a ton of shares (they paid around $3.85). Since you are confident about its bankruptcy, you should buy the Puts from me (happy to sell them to you for just $1 with strike price of $3 and Jan 2023 expiration).
• 

  yesterday

  @Bee then keep shorting. I’m betting on new CEO and their positive cash flow.
• 

  yesterday

  Too bloated. Needs financil restucturing. Too many shares issued. Debt to high. Its formaula for filing of Ch. 111 and banjruptcy. Depression coming.

We're in a global bear market for risk assets, says Schroders' Ron Insana

 Here is the link.

Ron Insana, Schroders North America senior advisor, joins 'Power Lunch' to discuss risk assets and oil. Watch 2022 Berkshire Hathaway Annual Shareholders Meeting with Warren Buffett and Charlie Munger on Saturday, April 30 at 9:45 a.m. ET https://www.cnbc.com/brklive22/

Playing unprecedented hand

Ron Insana, CNBC contributor

• Hang on to cash for better entry points in next several weeks or 2 months
• Municipal bonds look interesting
• One area of safety is high yielding utilities

Buying dip mentality 

    

Ron Insana | wiki

 Ronald G. Insana (born March 31, 1961 in Buffalo, New York)^[1] is an American finance reporter, author and former hedge fund manager. He presents the Market Score Board Report with Ron Insana radio show, syndicated by Compass, and is a senior analyst and commentator at CNBC. Insana was the Managing Director of Insana Capital Partners from inception to dissolution. He was the anchor of CNBC's Street Signs,^[2] which aired on weekdays during stock market hours. Until December 5, 2003, he and Sue Herera co-anchored CNBC's then flagship nightly financial news program, Business Center.

He has been a resident of Tenafly, New Jersey.^[3]

Broadcasting[edit]

Born in Buffalo, New York, Insana's family moved to Los Angeles while he was in seventh grade.^[1] He graduated from Chaminade College Preparatory in 1979 and was recognized as "Distinguished Alumnus of the Year" in 2005. Later, he graduated with honors from California State University, Northridge. Insana began his career in 1984 as a Financial News Network production assistant, rising to managing editor and chief of FNN's Los Angeles bureau just as the Network was integrated into CNBC. While at FNN, he was nominated for a Golden ACE Award for his role in covering the 1987 stock market crash. Insana joined CNBC in the 1991 merger with the FNN.

On the morning of September 11, 2001, Insana was walking towards the World Trade Center (aware of the ongoing attack) with MSNBC producer John Zeta. As they saw one of the towers begin to collapse, they turned and ran. The pair lost each other in a cloud of oncoming dust. Insana took refuge inside a parked car.^[1] Still covered in dust, he described what he had witnessed on NBC's Today show with Matt Lauer and Katie Couric. He was nominated for a News and Documentary Emmy Award as part of NBC's coverage of 9/11.

Today, Insana is a regular contributor to NBC's The Today Show and NBC Nightly News, along with other programs when market activity warrants. He was involved with Imus in the Morning on MSNBC before its cancellation and the 15-minute Market Wrap on sister network MSNBC. Additionally, Insana writes a monthly column for USA Today entitled "Talking Business with Ron Insana" and at one time hosted the nationally syndicated radio program, The Ron Insana Show, on Westwood One.

Finance[edit]

On March 1, 2006, Insana left his anchor duties when his contract at CNBC expired to start his own hedge fund, Insana Capital Partners. The fund was headquartered in Fort Lee, New Jersey and had seven employees.^[4] In August 2008 the fund ceased operations because of investment losses and he joined SAC Capital Advisors in an unknown capacity.^[5] On February 27, 2009, Mr. Insana left SAC Capital.^[6]

Writing[edit]

His first book, Traders' Tales (John Wiley), a compendium of anecdotes about Wall Street life, was published in 1996. A second book, The Message of the Markets, was published by Harpers Business in October 2000. Trend Watching: How to Avoid Wall Street's Next Fads, Manias and Bubbles, his third book, was published by Harpers Business in November 2002.

Two experts break down Berkshire's newest holdings in HP, Occidental Petroleum

April 30, 2022

Here is the link. 

Mark Cash, Morningstar equity analyst, and Steve Richardson, Evercore ISI energy analyst, join CNBC's 'Squawk Box' to break down Berkshire Hathaway's newest holdings in HP and Occidental Petroleum. Watch 2022 Berkshire Hathaway Annual Shareholders Meeting with Warren Buffett and Charlie Munger on Saturday, April 30 at 9:45 a.m. ET https://www.cnbc.com/brklive22/

There is no place to hide other than cash, says Josh Brown

 Here is the link. 

AMZN stock:

 TECH

Amazon shares fall on bleak forecast and slowest growth since dot-com bust

INTC stock: 2022 first quarter | Earnings report | April 28, 2022

 Intel shares fell 4% in extended trading on Thursday after the chipmaker issued a lower-than-expected forecast for its fiscal second quarter.

Here’s how the company did:

• Earnings: 87 cents per share, adjusted, vs. 81 cents as expected by analysts, according to Refinitiv.
• Revenue: $18.35 billion, vs. $18.31 billion as expected by analysts, according to Refinitiv.

Intel’s revenue decreased by 7% year over year in the quarter that ended on April 2, according to a statement. Intel’s gross margin narrowed to 50.4% from 55.2%. The fiscal quarter had 14 weeks.

“We expect the industry will continue to see challenges until at least 2024 in areas like capacity and tool availability,” Intel CEO Pat Gelsinger told analysts on a conference call.

Intel’s Client Computing Group, which includes PC chips, produced $9.29 billion in revenue, down 13% and below the $9.42 billion consensus estimate among analysts surveyed by Refinitiv. Research firm Gartner had estimated that PC shipments fell 6.8% during the quarter, and on Tuesday Microsoft said it saw strength in the business PC market, boosting Windows license sales from device makers.

Sales of Intel chips for desktop PCs and notebooks declined, with softer demand among consumers and in education and Apple shifting to its own PC processors. It didn’t help that device makers have been lowering their inventories to match demand and align with other components.

The segment’s operating margin fell to 30% from 40%. Management said operating income fell because of its switch to next-generation chip architectures and investments to execute on its roadmap.

Intel revamped its reporting structure in the quarter and revealed a segment called Datacenter and AI, which includes chips, certain accelerators, memory and field-programmable gate arrays. Revenue from the segment jumped 22% to $6.03 billion. The company cited brisk demand from operators of large-scale data centers and enterprises.

In the quarter Intel said a server chip codenamed Granite Rapids will come out in 2024 instead of 2023. The company said it would buy foundry company Tower Semiconductor and announced plans for chip factories in Germany and Ohio. Former Micron finance chief David Zinsner became Intel’s finance chief, replacing George Davis, who held the position for three years.

With respect to guidance, Intel called for adjusted second quarter-earnings per share of 70 cents and $18.0 billion in revenue. Analysts polled by Refinitiv had expected 83 cents in adjusted earnings per share on $18.38 billion in revenue.

For the full fiscal year, Intel lifted its adjusted earnings guidance by 10 cents to $3.60 per share on $76 billion in revenue. Analysts polled by Refinitiv had been looking for adjusted earnings of $3.50 per share and $75.78 billion in revenue.

Inventory challenges should persist in the second quarter but ease up in the second half of the year, Zinsner said. Covid lockdowns in China are ratcheting up supply fears, and inflation could reduce the PC market in the full year, Zinsner said.

FB stock: Earnings report | After market 18% gain on April 28, 2022

 

Facebook shares spike on better-than-expected quarterly earnings

Daniel Howley

·Technology Editor

Thu, April 28, 2022, 9:35 AM·3 min read

Shares of Facebook parent Meta (FB) soared in early trading Thursday on the back of its Q1 earnings report. Shares of the social media giant were up more than 14% despite a miss on revenue expectations, as investors and analysts digested the company’s plans to scale back spending.

On the surface, Meta’s report wasn’t all that great. It missed on revenue estimates, with analysts expecting the company to bring in $28.24 billion rather than the $27.9 billion it reported. But the company saw better adjusted earnings per share than initially projected.

More importantly, though, Meta’s Facebook app is once again adding users, with users increasing 4% to 1.96 billion daily active users after the app lost 1 million last quarter.

“With that in mind, [Q2 2022] guidance came below the street at flat [year-over-year], as the increasingly uncertain macro outlook magnifies the impact of Facebook’s platform and tech-stack transitions. On the positive side, [daily active user] growth was reversed to positive due to increased engagement from Reels,” Lee wrote.

Meta’s stock is coming off of an incredible downturn following its prior earnings report. Ahead of Wednesday’s report, shares of the company were off as much as 41% over the last three months.

The most positive news for investors, however, came from CEO Mark Zuckerberg, who said that while the company continues to invest in the metaverse under its Reality Labs business — $2.96 billion in Q1 alone — monetizing its family of social apps is still a major priority.

“On the Family of Apps side, I am confident that we can return to better revenue growth rates over time and sustain high operating margins,” Zuckerberg said during Meta’s earnings call.

“In Reality Labs, we're making large investments to deliver the next platform that I believe will be incredibly important both for our mission and business — comparable in value to the leading mobile platforms today. I recognize that it's expensive to build this — it's something that's never been built before and it's a new paradigm for computing and social connection.”

Zuckerberg is plowing forward with his plans for the metaverse, a nascent series of interconnected online worlds. But whether or not the average consumer will dive into the metaverse remains to be seen.

Revenue from Reality Labs, which includes sales of Oculus headsets and software, came in at $695 million for the quarter, a jump from the $534 million the segment brought in the same quarter last year. Meta also recently opened up its first physical store dedicated to its metaverse products.

Still, headsets and the metaverse in general are still far from mainstream among consumers. And whether or not it will ever reach that level of penetration will take years to understand.

Meta also continues to deal with headwinds for its advertising business. The company specifically pointed to the war in Ukraine and its impact on European spending, as well as recent privacy changes to Apple's (AAPL) iOS, which allow consumers to opt out of having apps follow them. Meta says the iOS changes alone will knock $10 billion off revenue in 2022.

Meta isn’t the only company dealing with iOS issues. Alphabet announced during its earnings that YouTube is facing similar problems, but competitors like Snap seem to be less vulnerable to the privacy changes.

That said, Meta’s results were clearly ahead of the basement-level expectations that investors had going into the quarter. If it can continue that kind of performance moving forward, it could be setting itself up for bigger wins in the coming quarters.

“Consistent with our checks, the quarter was below expectations due to geopolitical concerns, continued iOS privacy challenges and transition to Reels,” Mizuho analyst James Lee wrote in a note following the report.