Lessons From the Next Generation of Moats in the Fast-Casual Restaurant Industry
On the surface, there would appear to be challenging times ahead for the restaurant industry, with year over-over traffic declines across much of...
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Ferrari Q2 2016 : 10Q Filings and Concall Gleanings
Ferrari N.V. (RACE US) reported a solid Q2 2016. Here I will try to summarize my gleanings from the 10Q filings and the conference call and what...
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Wide-Moat Ferrari Deserving of Luxury Goods Title
We have been dismayed by some in the investment community who have categorized Ferrari, with respect to valuation, as an automotive company. In our...
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Baoxin Pre-Conditions Remaining: SAFE, Sales? And Signatures
On March 24th after the close of trading, Baoxin Auto Group Ltd ("Baoxin")and China Grand Automotive Services Co Ltd ("CGAS") released a Joint...
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BAOXIN: Further Undertakings -If You Think This Gets Done, It's Too Cheap. Gotta Have It.
Last Friday, Baoxin Auto Group Ltd (1293 HK) released a Joint Announcement containing an updated list of Irrevocable Undertakings to ACCEPT the...
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