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오픈도어·힘스앤허스 등 보유 종목의 실적 발표를 앞두고 실적 흐름을 설명하며, 시장 거시 전망(금리·연준)은 무시하고 펀더멘털만 본다고 주장. 오픈도어는 바이어 시장 점유율 상승과 수익성 개선을 근거로 강세 시각, 힘스앤허스는 월마트 입점 등 도매 확대를 긍정 평가, 빅커머스는 토트넘 파트너십과 유럽·남미 확장을 근거로 낙관. 타투셰프는 공시 공백에도 매도 없이 보유 유지.
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all right so it's been a while and i have a ton of updates for you guys regarding open door regarding hymns regarding big c uh regarding earnings that's coming up we've got a ton of earnings okay so i'll be giving you the earnings dates because you know we love to live stream the earnings call on my channel so we will be doing that for the month of february now before we get into that i just want to say that i appreciate the 90 of you guys that watch my videos that are continuously supportive showing love in the comments you guys are incredible okay but it's been a tough scene okay the youtube stock investing scene has been very very tough okay ever since meet kevin capitulated there seems to have been a lot of distrust amongst the youtube community uh from you guys the audience and also us being the creators but i do want to make this very clear meet kevin doesn't speak for me okay i don't know about anyone else but i can assure you guys that meet kevin doesn't speak for me i personally think it's a complete waste of time trying to guess what the fed will do trying to guess what the interest rates will be the interest rate hikes to try and guess what if the inflation numbers will be i don't care about any of that okay all i care about are the companies that i've invested in right as long as they continue to execute i will continue to hold okay that's all i care about i only care about the fundamentals and the financials of the businesses that i've invested in i'm in this game for the long term i'm not looking to sell out all because i think you know jerome powell will do something or say something i could really care less i mean i think it's a good idea to keep on top of it to know what is going on but in terms of it influencing my investing decisions that that is a complete waste of time and you know many many great investors have said the same thing peter lynch said right if you spend 13 minutes worrying about the macroeconomics worrying about the fed you have wasted 11 minutes okay that's pretty much what peter lynch has said so peter lynch is telling you not to worry about it why are we then worrying about it it makes absolutely no sense and even right here okay so this is from the book that i'm currently reading only the best will do by peter siller and he says here that the biggest risk an investor with a long-term perspective faces is not whether the price of his shares is marked up or down tomorrow but whether the fundamentals of the company are improving or deteriorating this year next and the one beyond that's all i care about honestly guys that's all i care about that's the only thing that's keeping me invested in the markets and that's what gets me excited knowing that i've made an investment in this company that i believe will do x y z in the future and when they do execute on that thesis that i built up initially that's extremely rewarding and i know over the long term the stock price will do well as long as the companies behind them continue to do well nothing more nothing less as benjamin graham has said okay so me kevin does not speak for me i'm in this bear market just as much as you are and i'm taking advantage of the companies that continue to execute by owning more of the company for me this is not capitulation stage for me this is accumulation stage okay so for all of the people who have left negative comments accusing me of also selling out but not saying it or not being transparent that's just simply not the case all right so with that said let's just dive into it so first up we have news regarding the i buyer market okay so you guys know my largest position is open door and i have been buying open doors especially when it was at eight dollars recently i have continued to increase my ownership of this fantastic business now we've got an updated report from michael dupri who is a specialist in real estate specifically with ibine and he gave us a report of regards to 2021 saying that i buy a market shares soared in 2021 okay so according to his research 2021 was a transformative and record-breaking year for eye buyers more houses were bought and sold by eye buyers than ever before and this is exactly what my long-term thesis for investing in open door and offer pad is pretty much based on i believe their products and their services is disrupting the real estate industry the real estate industry is ripe for disruption in my opinion and as you can see the proof is in the numbers okay customers absolutely love this product and as a result more customers continue to buy and sell through these eye buyers all right so i've highlighted the main key points because i don't just read through the whole article but it says here that i buyers national market share of home purchases hit an all-time high of 1.3 percent so around 70 000 houses in 2021 now you have to remember the real estate industry the us real estate market is a three trillion dollar market okay and all the eye buyers combined only took one point three percent of that market remember in previous open door videos i presented you guys with the blueprint okay open door plan to acquire four percent right of the entire real estate market share at least in the short term and that will put open a revenue run rate of about 50 billion dollars okay so right now the whole entire market is at 1.3 percent and of course with zillow exiting from this space it pretty much leaves the door open for open door on offer pad to gain a monopoly on this market which continues to demonstrate increasing demand from customers okay seasonality kicked in for open door as it smartly slowed purchases after a massive acquisition spree in q3 okay so so kerry wheeler in the q3 earnings school made it very clear that over q4 they're going to slow their purchases because the markets are generally slower over that period so there's no point making huge purchases and just have that inventory sat on a balance sheet it made no sense so smartly open door slowed their purchases and this for me was the key takeaway okay so i buy a sales set a new record in q4 remember q4 is meant to be the slow season however their sales hit a new record with more houses sold than ever before this is meant to be a slow season however the eye buyers set a brand new record in terms of the amount of houses sold that's insane that is insane open door consistently sold more houses each month demonstrating an expanding operational capacity to repair and sell houses at scale this is one of the main bare arguments that i see online is that you know open door can't buy and sell at scale they're doing it they are doing it you see it right here so the bed arguments are just based out of pure ignorance and people just not wanting to accept the facts okay the fact that opendoor are doing it they don't want to hear it it's not possible they've already made up their mind you see a lot of bears saying that if zillow can't do it open door can't do it or no one else can well open door are doing it okay so this is a critical metrics to watch buying houses is comparatively the easy part selling at scale is difficult okay that's a fact so the author asks what's next and to be honest i agree with his points 2022 is all about profitability open door and offer pad needs to demonstrate that they can achieve consistently positive unit economics at scale okay with zillow out of the picture there will be less competitive pressure on fees and acquisition prices and this is what bears also forget and i tweeted this a couple of days ago the argument from skeptics and bears who only referred to open as a home flipper stems from a place of poor due diligence on their part and spreading misinformation open door is a payments company generating a five percent fee from home transactions hpa on the resale are bonuses okay and that's facts so massive massive news for open door and offer pad and pretty much the i buyer market as a whole in regards to open door their earnings is on february the 24th on market close of thursday february 24th 2022 so there's a high possibility i'll be live streaming this earnings call so make sure you put this in your diary okay so next up is hymns with regards to hymns we had our chief operating officer melissa byrd on the company's retail strategy now if you've been paying any attention to hymns you would know they've been crushing it okay with partnerships with walgreens um urban outfitters at a vitamin shop we also partnered with uber to be able to provide an on-demand service for their customers but essentially we've been making a strong push towards wholesale okay the the brick and mortar the brick and mortar retail side of things so she outlined the company's plans right here the company entered yet into another retail partnership just last week this time with retail giant walmart the partnership will make hymns and hairs hair care offerings available to over 1400 walmart locations and on walmart.com and melissa said that hims and hers is looking for growth in the existing partners that we have so deep in those partnerships with target walgreens walmart and all across our portfolio we still have aspirations to expand into other retailers as well so i look forward to continuing that growth and really being able to allow people to find us everywhere now if you look at the most recent quarterly results okay i have it here online revenue has been absolutely going crazy okay online revenue growth has exceeded my expectation analyst expectations and also the company's expectations however if you look at our wholesale revenue it's pretty much been a laggard okay so in q1 we only had 1.6 million in q2 we realized 2.5 million and in q3 actually decreased we only saw sales of 2.1 million and from wholesale revenue so melissa is now saying that the company plan to push to drive wholesale revenue which will contribute to the already growing online revenue that we're experiencing and this detail is quite new because if you pay attention to some of andrew's previous interviews he has always mentioned that being positioned in retailers like walgreens and walmart pretty much like billboards his main target is growing the online revenue because of course that's recurring revenue so that's fantastic and also has higher margins however i think that strategy has now evolved to whereby melissa actually wants to grow the revenue that we're seeing in brick and mortar stores and of course that will contribute to our overall top line growth so as a shareholder i think this strategy makes sense because you're getting the best of both worlds you know you're in more retailers so more customers get exposed to hymns and also that provides us with the opportunity to convert them into online customers and generating recurring revenue so i do like melissa's strategy here with regards to earnings we do have earnings on the 22nd all right so hims and hers will be reporting their q4 and full year 2021 results and it will also be at market close so i will most likely also be streaming that hymns is one of my highest conviction investments is in my top five largest holdings so yeah i will most likely be streaming it so it's looking like perhaps i'm going to need to take the week off uh to get through these earnings with you guys about keep you guys posted now another one of my core holdings is big commerce ticker symbol is big c and they've released some amazing news recently including that they've now partnered with tottenham hotspurs now i have to admit as an ex-arsenal supporter this did kind of rub me up the wrong way however hey look if this is just the beginning of big commerce getting into premier league companies becoming their online store and online merchant and also to power international growth as it says here if tottenham hotspurs are just beginning then imagine if they can get man united or if they can get chelsea or they can get even arsenal or liverpool one of the major football clubs it's huge okay this is one of the main reasons why i prefer big commerce over shopify big commerce seem to be able to attract these large merchants okay their platforms are purposely built to attract large corporations last large merchants like tottenham hotspurs in comparison to shopify where they attract more of the smaller merchants you know your mom and pop type businesses etc that's shopify's primary customer base this is what they had to say big commerce's leading open sas approach was a deciding factor for us their flexible ecommerce platform combined with their curated ecosystem of integration partners creates endless opportunities for us to modernize our online store offer amazing features for our fans and support our continued growth throughout the world and i think if management can really crush this partnership i think it's only a matter of time before bigcommerce starts to announce more premier league companies and maybe expanding into europe and attracting some of the big name football clubs in europe maybe barcelona maybe real madrid and on that topic of potentially expanding further into europe big commerce launches in germany maiko and spain empowering merchants to build and grow innovative online businesses so don't be surprised okay this is only their most recent expansion they have already successfully launched in the likes of france italy netherlands this is big c's official entry into latin america so really and truly the runway for growth and expansion for big c is huge in my opinion absolutely huge and like the others it will also be reported after market close on monday february the 28th i can tell you now i won't be live streaming this but i will be giving a full breakdown for my discord members so if you know my discord and if you want to join the patreon link is in the description below check us out now some of you guys have been asking me am i still holding tattooed chef of course but i haven't made any videos or anything regarding tattoo chef because they've given us nothing you know looking on the news release page of their website absolutely nothing their last report was before christmas okay we're now in february we don't even have information with regards to when q4 will be there's been absolutely no news from the company it's slightly worrying the fact that we haven't heard anything for over a month now coming up to two months it is slightly worrying but i've not sold a single share also i have not purchased a single share for me tattoo chef is not a buy or a sale for me tattoo chef remains a strong hold okay and that's exactly what i'm doing now quick update regarding other positions that we've invested in corset earnings is on the 8th airbnb earnings is on the 15th however we're still awaiting earnings confirmation and dates from palantir beyond me i'm not invested in beyond meat just yet but it's a strong candidate for adding to my portfolio but i do want to see q4 uh tattoo chef of course celsius holdings and others as well haven't given us a date just yet so those are the updates that i have for you right now if you did get any value please make sure you smash that like button if you're new to the channel hit that subscribe button and if you want to join my discord group the patreon link is in the description below check us out with that said i should be able to return back to my uh scheduled uploads of three videos minimum a week i let last week just fizzle out you know let everybody's temperature calm down and i think it's safe to come outside now as the saying goes but thanks so much for watching and i'll catch you next time peace you
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