challenge everything
Q1 results are out, time for some short follow-up.
Bed Bath & Beyond (NASDAQ:BBBY) went bust, and many other unprofitable companies should follow suit, but it’s a good start.
Bitcoin still costs 27k tethers, so, I think, we are far from the bottom but definitely closer since my previous post: Bloodbath and Beyond.
An interesting article on BBBY: The United States of Bed Bath & Beyond.
Ok, moving on.
Continue reading “WeBankrupt™”
It’s been some time since I’ve posted anything from my little investigations, and I guess it’s time to fix that.
So, Canadian Value Investors, aka CVI Club, I’ve been following their blog for some time and enjoyed it a lot, but at some point, they started to move pretty much all their posts behind a paywall.
Boo-hoo! 😀
Continue reading “Who is behind Canadian Value Investors?”
A long time ago (well, pre-covid, lol), when I was an even worse investor than now, I bought shares of Invesque Inc. (TSX:IVQ, TSX:IVQ.U), which was paying some fat dividends back then.
Invesque is a North American health care real estate company with an investment thesis focused on the premise that an aging demographic in North America will continue to utilize health care services in growing proportion to the overall economy
Pandemic hit them hard, dividends were cut to zero, the share price was decimated, and in the end, it is an RE company but not REIT, they are not obliged to pay dividends, so they are still not paying them.
Thus, the share price is hovering around C$1, while it was C$9 before, while they are selling assets and trying to fix their debt problems.
Continue reading “Invesque Inc. debentures”
Каждый раз отправляя очередной апдейт игры в маркет есть шанс нарваться на идиотов в саппорте, которые отклонят мой апдейт.
Это случалось со мной много раз, но саппорт Самсунга, видимо, особенно одарённый:
Continue reading “Дебилы из Самсунга”
I’ve added two more games to All-in-One Solitaire: Six Peaks Solitaire and Saint Helena Solitaire.
But the most exciting part for me was to improve the dealing of cards at the start of the game.
Usually, cards are dealt one by one in All-in-One Solitaire, that is the way game works, which is ok, but it has always bothered me because it could take quite some time, especially when 2+ decks of cards are dealt.
I was finally able to come up with a nice technical solution, and now cards are dealt much faster, with several cards moving at the same time.
I can make the cards be dealt all at once, but it doesn’t look nice.
Here is a short video of different approaches:
Живя в Беларуси я никогда не слышал про Ледяной дождь, но в Монреале это обычное явление, такой дождик случается тут почти каждый год.
Явление это довольно прикольное, не считая последствий, конечно. Вроде как идёт дождь но всё кругом покрыто ледяной коркой.
Вообще всё, даже ты сам, который прошёлся по улице буквально 10 минут.
Провода линии электропередачи и ветви деревьев (иногда целые деревья) потяжелевшие из-за льда обрываются на ветру и в домах становится темно.
I’m not a big fan of Quebec music, there are lots of good movies, though, but you need to know both Quebecois French (not just regular French) and English well enough to enjoy them.
Anyway, some old but amusing Quebec song from Les Chick’n Swell.
Failing banks, subsequent bank runs and bailouts in the US reminded me that not so long ago a bank run happened to one Canadian publicly traded bank: Home Capital Group Inc. (TSX:HCG)
Continue reading “Home Capital Group Inc. and a Risk Arbitrage”
While some people are arguing whether what happened to Silicon Valley Bank was a bailout or not, I would like to post a little update on the stocks I follow and the bailouts that some of them have received. 🙂
Continue reading “You get a bailout!”
Back in 2020!
And they have discovered this just now!
Because someone shared the whole database of 878387 accounts online for free.
It is whether they knew it since 2020 and didn’t tell anyone, or they didn’t know anything and their system might still be vulnerable.
According to their email, they have no clue what actually happened:
Continue reading “123ink, PrimeCables and ShopperPlus were hacked”
Facebook, like Twitter, will begin charging $11.99+ for a verified status.
And here I am, paying $10/month for Linode VPS (there is a cheaper option for $5) and having a website with games, a blog, my own mail server, a “VPN”, a backup server, a database, and an SVN server.
Basically, it’s just a regular PC connected to the internet 24/7 at 40/2 Gbps speed that can do anything I want.
Damn, anyone can run the whole IT infrastructure of a small business for just 10 bucks a month!
Compare this to someone paying $8 just to have a blue checkmark near their name; you still can’t write whatever you want, and your account can be blocked at any time, sometimes just by mistake.
I’m speculating here, but the recent cybersecurity incident at Indigo might not be so recent.
It just so happens that I purchased a book from the Indigo website a few weeks ago, and they were already experiencing issues:
1. I ordered to pick up the book in store, but I didn’t receive any email notification on pickup day, and my order status got stuck at “Shipping Pending”;
2. I have cancelled the order and was planning to re-order again from Amazon;
3. The next day, an employee from the Indigo store called and told me that my book was ready for pick up, and I had never been notified about that because there were some problems with their system;
4. I picked up my book, but my credit card has still not been charged two weeks later;
5. There have been no unusual charges either. 🙂
Good book, btw.
Guys from Goodfood (TSX:FOOD) are getting creative.
They issued C$12.65 million in new debentures with a 12.5% interest rate, C$10 million of which were purchased by Investissement Québec, aka my taxes.
Debentures have a C$0.75 conversion rate (share dilution) and an interest that converts into shares (more share dilution) at a market price plus 50% premium in the first 2 years.
In my humble opinion, it looks like La Belle Province is propping up this unprofitable business by giving them $10m and charging “nothing” for 2 years.
This extra $10m will buy FOOD some more time, but 12.5% interest is crazy expensive.
Continue reading “Goodfood Market and Beyond”
It’s been a while since I added new games to All-in-One Solitaire.
So, two new solitaire games for the total of 62: Four Seasons (aka Vanishing Cross) and Mount Olympus.
On top of that, I fixed some bugs and added 3 new background images.
