Pamlico Investing

They’re still there. It’s just hard to say anything…. When all my recent thesis posts from $HPS.A, $IQE, $AXTI, $SIVE, $AAOI, $LITE, $NBIS, Win, Shunsin, $AEHR, $TSEM, $SOI, and many many others I call out. Just hard outperforms the market. Year to date of +1,116.29% isn’t too bad, right chat?

Rory McIlroy is an investor in Whoop, wears one of the company's wristbands while playing, and allows the brand to share his data periodically. Here are some of his Masters highlights: • 24,000+ steps on Sunday • 91,000+ steps during the tournament Rory's heart rate spiked to 135 BPM during his tee shot on 18, dropped to 121 BPM during his approach shot, fell further to 105 BPM during his winning putt, and then jumped back up to 150 BPM during his celebration. His resting heart rate for the week was 47-49 BPM. Rory says he follows a strict routine during the PGA Tour season to ensure proper rest and recovery: • No caffeine after 2 PM • Last meal at least 2 hours before bed • Magnesium and theanine for sleep quality • Blue-light-blocking glasses in the evening • Sauana or Epsom salt bath when available • Cool room temperature for sleep He follows the same three-hour routine before every round: arrive at the course → warm up in the gym → eat breakfast → hit balls on the range → putting green. Rory says he believes his focus on longevity will help him play another 10+ years at a high level, and his physiological age on Whoop is now 1.5 years younger than his actual age. Plus, it turned out to be a pretty good investment. Rory initially invested in Whoop in 2020 when the company was valued at $1.2 billion. While we don't know exactly how much he invested, Whoop recently raised another round at a $10.1 billion valuation. That's an 8.4x multiple in five years. Not bad, not bad.

$GRAB Is short interest going to go for ATHs again??? 👀👀👀

$GRAB Needs to treat the yellow line as support. That line was resistance for a long time. It broke above it and tested the line as support in April last year. Testing it again now. Expect a violent ramp-up once it confirms as support.

$GRAB-Fin is going to be 30%+ of overall Revenue Long-Term. Initially I only had it projected to be 10-15% Southeast Asia has ~700+ million people, with estimates showing 60–85% of adults either unbanked (no account) or underbanked (limited services beyond basic accounts). This translates to roughly 300 million+ people who are smartphone-savvy, often run small businesses or drive for platforms like Grab, but are shut out of traditional credit, insurance, savings, or efficient payments due to no credit history, paperwork barriers, or lack of physical bank branches. I will write a thread on Cash Loan potential later. Management guided for above $2B Loan book by end of 2026 and H2 2026 to be profitable. I believe, guidance is conservative, and loan book may hit $2.5-$3B by year end, and yes it is pretty aggressive, as margin is much higher from various financial services. AKA nonstop Margin expansion ! Currently Revenue as % of Loan book is ~8-9%. As $GRAB-Fin scales, it will improve to 12-15% over time. This is per quarter speaking. So we are looking at $2.5B Loan book to generate ~$300m by Q1 2027, or $1.4-$1.7B revenue FY2027(just GrabFin) Longer term 5-10 years out, we could be talking about $40-$50B Loan book, mostly will be financed by merchants/drivers/users deposits, banks owned by $GRAB, and partnerships. It will rely less on Internal Cash. GrabFin will become more efficient long term, or getting to that 12-15% of Total Loan Book per quarter. Or in this case, $4.8B-$7.5B per quarter revenue. The 70%+ unbanked/underbanked stat is the core growth thesis(similar to Wechat) for Grab’s next decade and the subscription, Ads side are similar to $AMZN. By turning its super-app into the daily financial hub for the underserved (drivers getting working-capital loans, merchants getting instant credit, everyday users getting micro-savings/insurance), GrabFin converts daily transactions into sticky, profitable financial relationships. It’s not just racing, it’s using its existing SuperApp Ecosystem as a rocket ship to dominate the region’s biggest remaining digital economy gap. Recent results (record loans, deposits, and revenue acceleration) show the strategy is already delivering. Not Financial Advice!