JustSayin
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@dailytelegraph Hijack an entire countrys politics - its Lakemba fot gods sake!
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While Friday’s incident should not be taken as an indictment of the Muslim community as a whole, it is yet another data point illustrating how politically extreme elements can hijack an entire country’s politics, writes JAMES MORROW ▶️ bit.ly/4uH3ZUJ
Get the news first with The Daily Telegraph app: bit.ly/4bOfgf8

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*BESSENT: US MAY UNSANCTION IRANAIN OIL THAT'S ON WATER
zerohedge@zerohedge
*BESSENT: WE'VE ALLOWED IRAN OIL TO CONTINUE OUT OF THE GULF
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@dlacalle_IA @SpencerHakimian @totora7 Daniel - you’re a Trump apologist. Have been and continue to be despite his constant failures.
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@SpencerHakimian @totora7 Breaking news. Iran has lost more than 100 ships. You hate America.
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@ShaykhSulaiman He will pop up in 🇺🇸 tomorrow - he needs more weapons and has to beg the master.
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@DebraG_Robins He will pop up in 🇺🇸 tomorrow - he needs more weapons and has to beg the master.
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@aleabitoreddit What a load of 💩. PayPal is about 1% of payment transactions in Japan.
Going long on PayPal at other people’s expense is low life behaviour.
FYI I have been to Japan many times …. have you even been once.
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PayPay ( $PAYP ) is the newest IPO.
If you're wondering if you should fomo in the $PYPL / WeChat of Japan at an $11.8B MC?
Let's find out.
If you've ever been to Japan: PayPay is everywhere.
It's the Japanese SuperApp for payments, investing, and banking.
Here's a breakdown:
FY 2025 metrics:
Revenue: ¥299.1 billion (~$1.9 billion)
Growth Rate: ~26.3%
Net Income (GAAP): ¥39.2 billion (~$248 million)
P/E: ~44x
Stock Base Compensation: Virtually 0, unlike $SNAP and $DUOL in the US.
If we look at balance sheet:
Consolidated accounting makes things a nightmare when you see $PAYP ¥4.85 Trillion (~$32.3 Billion) in liabilities or customer deposits mixed into assets.
But pre-IPO net debt is approximately -$480M, and post-IPO proceeds of ~$496M.
So balance sheet looks roughly net cash slightly positive but neutral. Also PSA: Softbank is the majority owner, lockup expires September 2026.
At $11B, it's roughly ~5.8x P/S and very profitable for a Japanese superapp growing at 26% with expanding margins and zero SBC.
By US standards, this is normally valued, not exactly a screaming buy.
TLDR: In general, $PAYP is not a terrible long at $11.8B.
Might get some IPO hype + mixed with low float dynamics, but would not chase if it ends up a lot higher.
Maybe there's some TAM expansion like $HOOD that prices it up over time. But Softbank ATM-like overhang in a few months.
But there's a lot better mispriced choices out there like $RDDT right now.

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@SkyNews @WilfredFrost I would trust my child’s life in their hands …. provided they are kept in 🇺🇸 working in logistics.
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Watch the moment a call from the White House situation room interrupts U.S. treasury secretary Scott Bessent's interview with Sky's @WilfredFrost ⬇️
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@FirstSquawk Good to see 🇺🇸 are in total control of the air and sea 🙃
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@LindseyGrahamSC Would have happened anyway. Trump’s influence was 0.
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President Trump’s request that Australia grant asylum to five female Iranian soccer players was truly the right decision and shows a deep understanding of Iran as it currently exists. To our friends in Australia, thank you for granting the asylum request.
Like President Trump, I hope there will soon be a day where new people will lead Iran, and young women can pursue their lives without fear.
Well done @POTUS.
Fox News@FoxNews
‘WELCOME TO STAY’: Five Iranian women’s soccer players were granted asylum in Australia, leaving the rest of the squad to decide whether to return to a country still reeling from war. The development comes after the team refused to sing the Iranian anthem before one of their matches, drawing international attention. Australian Home Affairs Minister Tony Burke said the offer remains open to the entire team: “I don't want to begin to imagine how difficult that decision is for each of the individual women. Last night it was joy, it was relief.”
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@JEChalmers Notice that in the Blue Mountains lots of trucks filling up at regular petrol stations as they head to Sydney.
Clearly under instruction from their companies not to draw upon their own truckers stock of diesel, and to save for possible rationing later.
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BREAKING: Labor is putting petrol companies on notice with bigger penalties for misconduct and more scrutiny and surveillance, and shoring up fuel supply.
Labor won’t cop big fuel corporates and servos treating Australians like mugs.
That's why we're doubling penalties for misleading conduct - now up to $100M - ramping up surveillance of suspicious price spikes, and improving coordination of fuel deliveries, especially in regional areas.
Australia is not immune to global economic uncertainty, but the industry is on notice not to exploit it, and that's why these measures will help make sure you are getting fair prices for fuel.
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@BillAckman Bill, as usual you don’t know what you’re talking about. The ones that left were given the opportunity to have asylum but chose not to.
🇦🇺 does not force people to do what they don’t want to, regardless of their personal reasons.
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@Jkylebass @atrupar @SamHarp65562239 …… “destroy the regime’s ability to make a nuclear bomb” , thought they did that 8 months ago.
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@atrupar @SamHarp65562239 Such BS. Murphy is a buffoon. The objectives were to decapitate the command network (check) and destroy the regime’s ability to make a nuclear bomb.
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@VoteHub @MeidasTouch Always good to see the tactics that will be used in November.
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@Eunicedwong @van00sa @katekimmyy This is you Eunice isn’t it. Celebrating Trumps election.
Not all Muslims would appreciate your faux celebration.

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@FirstSquawk You are welcome Taiwan. We have plenty and always happy to help a friend. 🇦🇺🤝🇹🇼
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@usanewshq Yet, its an Australian Air Force Globemaster and where Australian teachers earn in excess of $100k per year.
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