BM Capital⚡️

@Jason No

Uber is going to be bought by Google/Waymo, Amazon or Tesla/SpaceX in the next year. For a “buy it now” price of $250b, one of those three companies gets a $12b a year free cash flow machine with $70b in revenue — and hundreds of millions of global customers This is the most obvious M&A deal since Instagram, Android and YouTube transformed Meta and Google Discuss

@FinnStockinger Tl;dr : Buy $TRT now before it's too late. For comp look at $AEHR.

Trio-Tech ($TRT): My Next +100% Bag this Year. My investing philosophy for 2026 is simple: find the companies that own the un-bypassable infrastructure, buy them cheap, and ignore the daily noise. Trio-Tech ($TRT) fits that description perfectly. They don't sell hyped-up promises; they run physical back-end labs in Southeast Asia that the tech elite depend on. After their latest 10-Q filing on Thursday, the stock jumped 40% in a day, locking in a +100% gain for my port. Let’s look past the sudden price spike and break down the actual balance sheet. Here is why Trio-Tech International ($TRT) just stopped being an ignored micro-cap and turned into a critical, un-bypassable infrastructure lynchpin for the second half of 2026. ➡️This stock has delivered another +100% for me this year in a relatively short period. I initiated my first position 23rd April and accumulated on the way up, with a cost basis of ~$10. I’m not selling a single share. 👇 The Q3 2026 Earnings Anatomy: Numbers Without the Makeup On May 14, 2026, Trio-Tech published its Q3 FY2026 Form 10-Q on the NYSE American exchange. The market's reaction was violent - the stock surged over 40% in a single session, tearing past the $20 mark. To understand if this rally has actual fundamental legs, we need to strip away the market euphoria and dissect the raw financial architecture. 1⃣Top-Line Explosion & Segment Shift TRT generated $16.51M in revenue for the quarter (ended March 31, 2026) compared to $7.38M in the prior-year period. That is a staggering 124% YoY growth. The true magic, however, lies in where this money is coming from: ➡️Semiconductor Back-End Solutions (SBS): $13.08M vs. $5.43M last year (+141% YoY) ➡️Industrial Electronics (IE): $3.43M vs. $2.00M last year (+76% YoY) Nearly 80% of TRT’s entire business is now concentrated in the SBS segment - specifically final reliability testing and "burn-in" services for packaged silicon. This is a direct consequence of the insatiable demand for physical validation of AI data center clusters and 800V automotive grids. 2⃣The Gross Margin Paradox: Risk or Scaling Feature? The bears and basic trading algorithms immediately flagged one metric: gross margins compressed sharply from 27% down to 16%. In the micro-cap world, a sudden margin drop often triggers panic. But a granular look at the balance sheet reveals this is a temporary byproduct of massive scaling, not structural decay. The compression is driven by two highly logical factors: ➡️A deliberate transition into massive, high-volume testing contracts which carry lower unit margins but secure immense aggregate dollar volume. ➡️Mobilization & Ramp-up Costs: TRT is aggressively preparing its operational footprint for an unprecedented influx of business. The engineering, logistics, and setup costs are being recognized today, before the new facilities book their first dollar of revenue. ⬇️ Despite this margin pressure, the net loss for the quarter was narrowed to just $38k (compared to a loss of $495k in Q3 FY2025). The company essentially achieved an operational break-even while expanding at a breakneck pace. 3⃣The Malaysian Masterstroke: Embedding into the Penang Megacluster The absolute crown jewel of this investment thesis is buried in the company’s regulatory filings from May 2026. Trio-Tech signed a lease agreement for a massive 104,000 square foot facility in Perai (Penang, Malaysia) at a cost of $115k per month, effectively commencing June 1, 2026. Let's put that footprint into perspective: ➡️Doubling Global Capacity: This single facility increases TRT’s global laboratory testing square footage by an estimated 80% to 100%. ➡️The "China+1" Geopolitical Arbitrage: Western chip designers are desperately trying to de-risk their supply chains by moving back-end processes out of China. Penang has established itself as the undisputed capital of semiconductor packaging (OSAT) in Southeast Asia. By placing a 104k sq ft lab right in the heart of this industrial zone, TRT is setting up shop door-to-door with a legendary roster of tech titans. In fact, $AMD, $INTC, $AVGO, $JBL, $COHR, and $KEYS are all located within a tight 15-to-20 minute drive from new $TRT location. Instead of packing highly sensitive, multi-thousand-dollar AI modules onto planes to be tested in mainland China or Taiwan, Western tech companies can now complete the entire packaging and final validation loop locally in Penang. TRT is building the toll booth right outside their factories. 4⃣The Proprietary Moat: Vertically Integrated Hardware Most testing service companies face a brutal operational bottleneck: they have to buy their burn-in ovens and test equipment from external vendors, forcing them to pay immense markups and wait in line for tool allocations. Trio-Tech operates on a fundamentally superior architecture. They design and manufacture their own burn-in systems, custom Burn-In Boards (BIBs), and hydraulic centrifuges in-house. This creates a dual advantage: They don't wait for supply chains. They can outfit the massive new Penang facility at internal manufacturing cost, dramatically lowering their CapEx requirements. They do not sell this equipment for a one-time product margin. Instead, they deploy it internally to sell recurring, high-volume testing services to the biggest names in tech. This is where the massive operating leverage comes into play. The lease and fixed overhead costs for the Penang facility are static. Once the utilization rate of their in-house manufactured machinery crosses the 75% threshold, every additional hour of chip-cooking translates into pure, exponential profit falling straight to the bottom line (EPS). 5⃣A Fortress Balance Sheet Meets Undervalued Multiples In April 2026, the company executed a registered direct offering, securing $10M in gross proceeds from institutional investors at $9.50 per share. Retail investors initially lamented the dilution. In reality, this capital was immediately deployed as the working capital engine required to stand up the Penang mega-lab and execute on their surging backlog, which includes a confirmed $7.8M in firm orders for specialized BIBs tailored exclusively for next-generation AI GPU architectures. When you look at the balance sheet post-offering, the financial health is pristine: ~$28.3M in total net cash (combining March cash balances with the April raise). Long-term bank debt: A negligible $255k. ⬇️The Valuation Disconnect Following the 40% post-earnings surge to around $21, and accounting for the expanded share base (now sitting at roughly 5.1M shares outstanding), TRT's market capitalization rests at approximately $202M. Over the first 9 months of fiscal 2026, TRT has already locked in $47.7M in revenue. Even under a highly conservative assumption that the fourth quarter simply matches the current run-rate ($16.5M), the company will comfortably close the fiscal year with $64M in revenue. This leaves the company trading at a forward EV/Sales multiple of 3x. Paying a 3x Enterprise Value-to-Sales multiple for a debt-free, asset-owning business that is actively doubling its global physical capacity, while anchoring itself right in the middle of a 15-minute radius shared by AMD, Intel, and Broadcom - is a textbook market mispricing. At a $10 cost basis, this position offers an immense margin of safety. The structural fundamentals are moving significantly faster than the stock price. I am locked in for the long haul, and any macro-driven volatility or short-term pullbacks will be viewed as an open invitation to accumulate more shares.

@keybodia @farzyness @herbertong @thejefflutz @NickGibbsIAG Everyone will freak out when they book a Robotaxi and instead of Model Y, this one shows up and opens its wings..

It really was empty. Real and not generated. not sure how else I can prove it. I can't believe no one is freaking out about this. I was excited to be the first one to see it. @farzyness @herbertong @thejefflutz @NickGibbsIAG

EMPTY Cybercab sighting in South Austin! Production model #TSLA #cybercab #robotaxi

@CKCapitalxx Price will be up along with sats

What’s $ASTS price gonna be when we get some SATS up?

$TSLA should integrate Starlink Mini into all cars.. specifically Cybercabs as a standard feature.. very big selling point

@jrouldz @Ze1ooooo If accounts I follow reply to this kind of shit, it comes on my feed too.. 👀 best is just block, don't respond

@Ze1ooooo Get this shit off my feed

Gym

@amitisinvesting I thought they would take $X ticker since it was available now

SPACEX UPDATES: - Ticker will be $SPCX - IPO coming likely June 12th - Company is focused on expanding retail coverage to international brokerages, not just US based ones - Looking to raise $80B at around a $2T valuation Are you a buyer? I think many other names will be proxies and we are already seeing this with momentum in names like $RKLB. It’s going to be a historic IPO, question will be where the liquidity comes for it…

@yianisz Looks better than $AEHR so it may follow its trajectory now that its discovered

$TRT is breaking higher because the market finally realized this isn’t some zero-revenue AI lottery ticket. You’ve got real semiconductor revenue, operating leverage kicking in, AI/EV testing demand accelerating and a balance sheet that doesn’t need constant dilution to survive. Small float + real numbers + AI narrative = violent repricing.

@elonmusk @WatcherGuru and LinkedIn is OnlyFans for Mid-Level Managers

@WatcherGuru Obviously. Sometimes grown men send me their Instagram profiles and I’m like are you transitioning or what?

JUST IN: Elon Musk says "Instagram is for girls."

@elonmusk no wonder all those movies suck

Who specifically is the asshole who added DEI lies to Academy Awards eligibility instead of it just being about making the best movie?

@TeslaClubIN @Tesla @Tesla_India thats too bad

@BM_Capital_ @Tesla @Tesla_India Taxes are same, whether from China or Germany.

Bengaluru just got a little more Electric ⚡ 🔋 @Tesla has officially arrived in Bengaluru, Karnataka with its new Experience Center at VR Bengaluru This marks the opening of the 4th Tesla India Experience Center, another major milestone in @Tesla_India ’s expansion across the country 🌏 You can now experience Model Y & Model YL in person there 🚗⚡

@athuinvests Seems like a lot of folks on this thread are just salty they missed this trade..

$POET is still a NO for me. I think you really need to see why. The stock moved because they signed a $50M initial PO that could scale to $500M over 5 years with Lumilens. But if you see the news headlines, they are already calling this a $500M deal already. I looked into Lumilens and it is a brand-new 2024 startup: pre-revenue, with no products and no meaningful sales. They just started hiring recently (less than a month). It’s a VC-funded photonics player (raised ~$130M+) promising next-gen AI interconnects. If you check their website, there is no identifiable product. It is just full of trendy design, words & videos. Have a look yourself if you don't believe me. $POET already has credibility gaps with a poor track record: - execution (delayed ramps, canceled deals), - heavy dilution (share count increase by 4x in 2 years) - paying $100k to YouTubers to basically manipulate stock price - it is still a PFIC, and it didn't tell shareholders about that during the 2025 annual report Two companies with zero mass-production track records signing a big order feels more like mutual hype to me. Look, the tech narrative is compelling and AI optics tailwinds are real. That is why I am in $SIVE and other photonic companies. But this deal and what I keep looking at makes me even more skeptical. $POET’s only other disclosed firm order is a modest ~$5M production order from an unnamed systems integrator for 800G engines (shipments H2 2026). Everything else is still in the partnership/qualification stage with no additional firm POs It is still generating roughly $1M in TTM revenue while sitting at a ~$3B+ market cap. That’s over 2,000x sales. Even if they magically hit $100M this year (which seems unlikely), the valuation is already pricing in perfection. I just cannot support this until I see actual shipments, real revenue growth, sustainable margins, and - most importantly - better contracts with established customers, not a startup! Right now it’s still narrative-driven speculation. Happy to be proven wrong if they deliver, but I’ll wait for real proof. If I miss out, that’s okay. I’ll take the L. - AI

@tw_crypto_ I have started blocking all who promote their subs/patreons/substacks.. if they are so good at what they say/do, why they need subs?

Kevin Xu - $HIMS was a loss ❌ - $QS was a loss ❌ - Gave up on $IREN ❌ - Multiple pumping post to buy while only risking .5% of his own port Who is paying $199 a month for this clowns sub? Shameless

It is confirmed. CEO tagging all three (inc. T-Mobile) on their colab.. $ASTS

Highest ever volume day! $ONDS

@GrindeOptions 👋@ 8.23 avg

How many of you own $ONDS? 👀

Palantir-Backed Ondas Stock Jumps. Autonomous Drone Company Sees Revenue Grow 1,065%. trib.al/gHDWJ16

@Venu_7_ starting to breakout? they r already at 52wk high

Cybersecurity names are starting to break out. Instead of focusing only on SaaS names, keep an eye on Cybersecurity because this group looks like it may be starting the next leg higher. $CRWD $FTNT $PANW

$ONDS 10X revenue beat! I don't own enough.. Revenue: $50M vs. $4.3M YoY (+1,065%) est. $39M beat by 27% ✅ Gross profit: $24.7M vs. $1.5M YoY ✅ Gross margin: 49% vs. 35% YoY ✅ Cash: $1.5B Backlog: $457M ** FY2026 Revenue: ~$390M 670% YoY increase! ** $PLTR partnership - integrated with newly acquired Skyweaver platform