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DCF based on current analyst estimates of FCF Using my standard discount rate of 15% Terminal PE of

Key Highlights (H1 2025 vs H1 2024): Revenue grew by 53% to ₦36.76bn from ₦24.03bn. Gross Profit rose by 73% to ₦8.32bn.

The value of STP is to be found in: (a) the strength of its database (b) its current range of clothing (c) its ability to reach out to different gender groups (male, female and kids) (d) ability to sell into different geographical areas. (e) its marketing strategy of going directly to the consumer - repeat order sales opportunities.

Initial Screen Results: Revenue Growth: Q1 2025: $11.53B (+14% YoY), strong momentum continuing Profitability: Achieved sustainable profitability with $1.78B net income vs -$654M loss year ago Cash Generation: Exceptional FCF of $6.9B in 2024, $2.3B in Q1 2025 Balance Sheet: Cash $7.0B, Debt $9.5B, D/E ratio 42.3% (manageable) Methodology: Future Earnings/P-E Projection (growth stock) 2030 Revenue Projection: $65-70B 2030 EBITDA: $14-15B (22% margin with autonomous vehicle benefits) Fair Value Range: $90-135B market cap Current Market Cap: $192B (significantly overvalued) Target Entry Price: $65-75 per share (vs current ~$95)

Where will the business be in 3, 5, or 10 years? 3-Year Outlook (2025–2027): Alpha Dhabi is likely to consolidate its regional expansion in healthcare, construction, and utilities.

In the next 5 years , STC (Saudi Telecom Company) is likely to evolve into a leading regional digital powerhouse with a strong presence in telecommunications, technology, and digital services. Here’s why: 1.

50%分红使0.29元持续，则6元对应的5%分红率仍然高于4.66%的1.66%（十债）+3%风险资产溢价。年内修复是大概率事件。 Catalysts 核电的投资收益会成为更坚固的底层收益，区别于其他火电。

GigaCloud targets $275M–$305M Q2 revenue while expanding in Europe and refreshing Noble House SKUs GigaCloud Technology Inc. (NASDAQ: GCT) reported its Q1 2025 results with a mixed set of financials, underscoring both the resilience of its global B2B marketplace model and the challenges posed by tightening margins and macroeconomic pressures.

Insider Buying @ 0.70