StockOpine’s Newsletter 2022

Season’s Greetings and best wishes for the Holiday season! We wanted to take this opportunity to thank you for your support and to provide a brief update on StockOpine's newsletter.

How it all started?

At the end of 2021, the idea for StockOpine was born during a gathering with friends who shared a common passion for investing.  

The conversation somehow ended up like this. Why don’t we just begin analyze/examine stocks together, have a joint portfolio and share our work along this journey? Well, the passion for investments brought us together and that’s how we decided to launch StockOpine’s Newsletter.

Although the ride was not easy, given that Mr. Market took a 180 degree turn in 2022, our returns, while negative, were better than the market (more information on the next portfolio update release) whereas our newsletter subscribers exceeded +580. The plan was to reach +1,000 subscribers in 2022 but exceeding 500 is still a win and we will keep grinding so as to achieve our goals.

Who are we and what do we bring to the table?

As you might know we are a team of two people at the early 30s, with prior experience at Big4 accounting firms where we gained expertise in audit and financial advisory and we both hold professional qualifications (one holds the ACCA qualification and the other holds the ACA and CFA qualifications).

In our careers, we analyzed a large number of financial statements, either from an audit or financial analysis perspective, performed numerous valuations, developed a significant number of financial models and took financial / operational decisions considering the risks involved. We believe that the combination of our skills and the ability to work as a team gives us an edge.

We describe ourselves as long-term investors looking for businesses with sustainable competitive advantages that are expected to generate above average returns. To achieve this, we follow a bottom-up approach and perform fundamental analysis to identify companies that display attributes such as leaders in their industry or disruptors with superior business model, wide moat and strong financials. Valuation always matters.

Our promise for 2023

In the coming year, we plan to continue sharing our analysis for individual companies that pass our screening criteria on a regular basis (2 write-ups per month) and to provide our thoughts on earnings releases of the stocks we hold in our portfolio. We aim to continue providing valuable insights and analysis to our subscribers.

Thanking note

Firstly, we would like to express our gratitude to everyone who reads our content and hope that our work during 2022 has been valuable to your investment journey.

Closing 2022, we would like to personally thank the following individuals:

• Investment Talk
  for reaching out to us when we joined Commonstock and shared tips on how to run a newsletter and for consistently sharing our work on his newsletter, which we highly recommend. Among others, he provides every second Sunday, a curation of the most interesting things he reads as well as company memos. It means a lot Conor.

• From 0 to 1 in the Stock Market
  ,
  Invariant
  and
  "From $100K to $1M" & More.
  for recommending and supporting our work for quite some time as well as those who recently started recommending our newsletter
  Heavy Moat Investments
  ,
  Secret Sauce - Company Write Ups
  and
  Under-Followed-Stocks
  .

• Todor Kostov and @IFB_podcast for consistently supporting and sharing our work at Commonstock and Twitter, and

• TSOH Investment Research Service
  for the chat we had few days ago where he shared his experience and provided us with an honest feedback regarding our newsletter. Coming from him, the man who runs one of the most reputable substack publications it’s an honor.

If we missed anyone, please excuse us. It was unintentional.

Milestones worth sharing

• Reaching 500 subscribers at the beginning of December 2022 - a small step towards our goal

• Winning the ‘July Idea Competition’ run by Commonstock by pitching Booking Holdings Inc. $BKNG (write-up link) and securing the 3rd place in the ‘September Idea Competition’ by pitching Greggs Plc $GRG.L (write-up link)

Best write-ups in terms of views

During the year we shared over 40 memos, with the top five in terms of views being the following:

• Evolution AB – A ‘sin’ stock with healthy returns

• Ashtead Group – Renting is Flexible and Affordable

• Pool Corporation - Write up

• META – Can it go lower, or did we hit a bottom?

• Autodesk - Deep Dive

Views are skewed towards the memos we recently shared given the increase in subscribers but in our archive you can find write-ups covering NVS 0.00%↑ , ODFL 0.00%↑ , ZM 0.00%↑ , KLAC 0.00%↑ , GOOGL 0.00%↑ , BKNG 0.00%↑ , VRTX 0.00%↑ , PYPL 0.00%↑ , ABNB 0.00%↑ and Greggs Plc.

You can find us at Commonstock and on Twitter @StockOpine.

Disclaimer: The team does not guarantee the accuracy or completeness of the information provided in the newsletter. All statements express personal opinions based on own financial and business analysis. Any estimates or forward-looking statements made are inherently unreliable. No statement of opinion is an offer or solicitation to buy or sell the financial instruments mentioned.

The content of our newsletter is not a trading or investment advice and we do not provide any personal investment advice tailored to the needs of any recipient. The information provided should not be considered as a specific advice on the merits of any investment decision. Securities trading involve risk and you might lose your capital and/or incur other damages. Investors should make their own research and consult their registered investment advisor or financial advisor before taking any investment decision.

Neither the team nor any of its affiliates accept any liability whatsoever for any direct or indirect loss however arising, from any use of the information contained herein. Any unauthorized copy of this newsletter or its contents is illegal.

This post may contain affiliate links, which means that we might get a commission if you decide to sign-up using any of these links. No extra cost is charged to you.

By subscribing / reading our newsletter or any affiliated social media accounts, you indicate your unconditional acceptance to the above and your unconditional acceptance to our terms and conditions.