Bobby Vas

@ismael27_X Insane level of SBC

Los últimos resultados de $TMDX son el reflejo real del algoritmo de creación de riqueza generacional que más confunde a los inversores novatos, pero que más oportunidades crea entre los que ya somos perros viejos. Te explico 👇🗒️ Desde hace años $TMDX inició la transición hacia un modelo de negocio intensivo en capital y logística de altos coste fijos y peores márgenes que su negocio de productos médicos tradicional con un objetivo. Desbloquear un TAM gigantesco que no podría ser atendido de otra manera por la infraestructura logística y tecnológica existente dadas las limitaciones intrínsecas del proceso de trasplante de órganos (se mueren si vas lento y ya no sirven). Al igual que tradicionalmente han hecho empresas como $AMZN o $COST, $TMDX deteriora artificialmente la contabilidad de la empresa en el presente en harás de un mayor crecimiento duradero y mejor posición competitiva en el futuro. Una vez creces y escalas, nadie puede competir ni en precios ni en calidad contigo, mientras tu valor terminal, junto con tus retornos sobre el capital invertido futuros a perpetuidad son holgadamente superiores a los de la media del conjunto del mercado. Algo inmensamente valioso en matemática financiera si uno hace un DCF y sabe echar números. La contraparte 👇 Antes de usar una red logística nacional hay que crearla y antes de explotar una tecnología disruptiva hay que mejorarla. Esto implica inversión, tanto a nivel de OPEX (i+d) como CAPEX (aviones y aplicaciones) y por ende, bajos márgenes y ROIC ópticos a corto plazo. El mercado cree que esto es malo y el negocio es menos rentable. Pero lo que realmente ocurre es que el mercado no normaliza los números (ex-inversión en crecimiento) ni sabe anticipar lo retornos que están por venir acorde a lo que está preparando el negocio, que con casi total seguridad y tal y como ya ha ocurrido en el pasado, llegará. Es natural, dada la descomunal propuesta de valor tanto económica como social de la empresa. Salva vidas. Trasladado a los números de este Q1 2026 de $TMDX 👇 $TMDX ha iniciado el despegue de la expansión europea a fin replicar la misma red logística que ya tiene en Estados Unidos. Una oportunidad casi igual de grande o más, aún sin explotar y que catapultará la adopción de su producto (OCS) en el viejo continente. A diferencia de lo que ocurrió durante sus inicios en USA 🇺🇸, donde $TMDX siempre dependió inicialmente fuerte de la infraestructura de terceros con un modelo ineficiente que te exprime en márgenes (aviones caros gestionados por otros), $TMDX ha decido integrar verticalmente desde el primer momento toda su red logística de aviación en Europa 🇪🇺 a través de un contrato multi-década en forma de derechos de uso a través del acuerdo con una compañía de aviación idónea para el tipo de trabajo que $TMDX lleva a cabo. En el balance se ve como deuda, pero no lo es. Es el valor descontado al presente de todos los pagos que $TMDX va a realizar a décadas vistas por la utilización de ese CAPEX que las normas contables te obligan a reflejar de esta manera en forma de "derechos de uso" en el activo y "leasing financiero" en el pasivo. "Las gallinas que entrar por las que salen", como diría un famoso humorista español. Bajo los criterios GAAP en USA 🇺🇸, el leasing financiero se refleja vía P&L año a año como una amortización o depreciación del "derecho de uso" más una parte de interés relativa al echo de haber alquilado y no comprado íntegramente el activo tú mismo. Pero en esencia es como si ya fuera tuyo. En otras palabras, es OPEX y/o COGS al uso por llevar a cabo tu actividad, pero con otro nombre y desglose más rimbombante. 😂 Por otro lado, es sabido ampliamente por todos que las verticales del pulmón, corazón y riñón aún no han despegado, pero el coste en i+d sí, porque va antes. Una vez las ventas de estos últimos crezcan lo harán más rápido que el gasto en i+d y, especialmente, que el número de aviones de su flota actual, que verán su utilización incrementada y por ende sus niveles de retorno sobre el capital invertido (mejores márgenes y ratio ingresos/CAPEX). Por último, es también sabido por todos que el coste del combustible para aviones por la subida de precios del petróleo ha afectado ligeramente a presente, pero también que esa es una situación insostenible que tiene los días contados. Algo que probablemente anticipa hasta el menos lúcido. La afección real es simplemente nula largo plazo. Como no puede ser de otra forma y a la luz de la ejecución de la compañía hasta ahora, definitivamente "the best for $TMDX is yet to come". 🩷

@UdayJad39389920 @sab_maya_hai__ Scammer @drprashantmish6 is still around… shameless needs to be blocked and SEBI informed

GENSOL Fraud by Dr Prashant Mishra

@manualofideas @mihaljevic that’s not a way to value cyclical commodity business by P/E… he has a poor record. Ask his PIF LPs

The most widely read piece in MOI Global's latest Weekly Inspiration newsletter was Mohnish Pabrai's investor presentation for the Pabrai Wagons ETF (NYSE: WAGN) — a clinic in patient, concentrated value investing. Mohnish's framing of "circling the wagons" around highest-conviction ideas leans into areas growth investors won't touch: metallurgical coal, offshore energy services, vertical-market software, airports, and financials with spin-off optionality. His book trades at a low-teens P/E vs. ~30x for the S&P 500. Worth a careful read: wagonsetf.com

@sagarikaghose @MamataOfficial Cry baby, why don’t you both move to Bangla-desh

Those who deleted 90 lakh voters, who moved in 2.5 lakh para military forces to intimidate a political party, who used the CRPF to hit a senior woman leader @MamataOfficial , who brutally attacked counting agents, who brought in Singham cops to threaten citizens are suddenly in a lather about the “Constitution” because a fiery leader says she won’t meekly go to Raj Bhavan to put in papers? Where was their shrill “constitutional” outrage when they were conducting the worst most unfair election in the history of post Independence India? The worthies expect grovelling . Let them fume instead.

@evantindell Not unless it is c3

Does this look like a stock that should be down 40% over the past 6 mo???

@ReesePolitics You are an idiot for sure

That was one of the greatest displays of legacy news hit job media (CNBC) vs. new age retail pioneers (Ryan Cohen and $GME) where the old guard is so desperately trying to cling to what's left of their crumbling establishment. Cohen's indifference to Sorkin's childish repetitive questioning was an absolute mog.

@sujithuf1 @AI_Feb21 Joke

@AI_Feb21 Surge capital run by Ankush Agarwal. Best Stock analyst done by him.

Looking for recommendations on good RA/ RIA services. Kindly help with the names in the comments. Thank you in advance!

@BrettKPG @MohnishPabrai Legend 🤦‍♂️

Happy to be in Omaha, meeting our shareholders at 4pm at The Holland Centre (and meeting legends like @MohnishPabrai at Starbucks lining up for a coffee!)

@MikeFritzell That’s just sad

Actually enjoying the Pabrai talk…

@UdayJad39389920 @sab_maya_hai__ @drprashantmish6 fraud

@GTDFLY Performance record ?

Great article re: microcaps. I think others should also follow @iancassel and dig into his investing and microcap endeavors. A true OG in this space. Keep in mind that some of the most well known and successful investors started in the micro realm as well as some of the biggest companies. This sector is usually frowned upon by big Wall St firms and institutions and the big reason why is most can't play them til they graduate to a higher level lol...so finding them early is a thing! Of course true due diligence and a bit of luck is needed here, but isn't it everywhere too?! ✌️

@tushar9590 18

How long have you been in the stock market now? Myself it's been over 6 years and still feels like yesterday.

@tushar9590 BCL Industries - makes ethanol and positioned for E85 in India. At book, under 7 PE

Which company did you add to your portfolio recently? Pls share a short rationale too🙏

@padhucfp Talk about performance and not about AUM

Over the past 15 years, the AMC industry has witnessed significant transformation—many players have exited or merged, while new entrants have reshaped the landscape. The compounding growth achieved during this period highlights the sector’s resilience. Looking ahead, the next 15 years promise to be even more dynamic. With an average growth rate of 18%, the industry has the potential to double every four years, creating a powerful base for sustained expansion and meaningful wealth creation. Wealth creation becomes truly meaningful only when investors remain patient, disciplined, and invested through cycles.

@deepakshenoy @CapitalmindMF So everything you mentioned is about AUM - what about performance ?

We just finished our first financial year at @CapitalmindMF ! 500+ cr. AUM 4 funds - Equity, Debt and Hybrid. 11,000+ investors, 1300+ cities/towns. 3,400+ distributors empanelled. Started with 45 cr. in the NFO, 8 months ago. We're still small - tiny, in fact. Which means we have to work hard to grow. Our team has grown to 48+, with our HQ at HSR Layout in Bangalore and offices in Baroda, Chennai and Hyderabad; they've done an incredible job getting this in shape. Thanks for your support, and looking forward to a productive year ahead! Visit capitalmindmf.com for more.

@CDInewsletter @MohnishPabrai is a fake investor whose performance record is mediocre and can’t take criticism.. glad he is out of your feed

Don't want to brag or anything guys, but I've been blocked by an investor with a 180 IQ and YOU haven't. Jealous much?

@tushar9590 Doesn’t matter…. have your own discipline and conviction

Subhkam Ventures A fund not widely known.. Invested in Tips Music in Sep 22 and exited in June24. Tips moved from 150>>900 by Nov24. Bought Centum Electronics in fund raise in Mar25 at 1160, today stock at 3100. Current Holdings of Subhkam Ventures: Tips Music(Re-entered) Centum Electronics Karbonsteel Engineering Windsor Machines Elin Electronics

@T_Investor_ @readswithravi AI snake oil

@readswithravi Nothing as of now. Suggest something good to read.

What are you all currently reading?

@BaluGorade None

Other than Parag Parikh Flexi Cap Fund, Which fund would you hold for the next 10 years?

@JonCukierwar Why refer to yourself in the third person… you are the only one at Sohra…

A year ago I shared Sohra Peak's updated thoughts on Auto Partner $APR (see quoted tweet memo) with the view that the market was not pricing in a sustained acceleration in growth to begin in 2026. It appears we are now on the cusp of that transition. Auto Partner's new export warehouse Zgorzelec opened in December 2025, is ramping up, and per management on today's earnings call, "in June we should see the first tangible figures." Since our memo update, Auto Partner also launched a new pilot warehouse hub in Germany in December 2025 to which management commented on today's earnings call, "if the Germany pilot warehouse is successful then we will open new warehouses in Europe." This to us is perhaps the strongest confirmatory evidence yet that Auto Partner fully intends to build new warehouses all across Europe. Such a move should materially expand its TAM and support sustained future growth. As a further clue, in October 2025, new Auto Partner legal entities were formed in Croatia and Slovakia "potentially providing warehousing services to the Company if a decision is made to establish warehouse hubs in Croatia or Slovakia in the future." We look forward to monitoring Auto Partner's results in the coming months.