Global Community

CSL sells hard-to-copy medicines and vaccines that people need in good times and bad, and it keeps expanding the way it collects plasma to meet demand. The big watch-outs are its usually pricey shares and the fact that new treatments must clear tough regulators, but the long runway could suit patient investors.Read more

IDP Education is getting written off as if international student demand has permanently dried up, but the business is still raising prices even while volumes fall. See what would need to happen for this to be a temporary slump instead of a long-term slide—and the specific events that could prove either side right.Read more

A small Japanese telecom is finally seeing fewer customers leave, thanks to new mobile plans and smarter phone bundle offers. It’s also pushing into business services and power retail, but tougher competition in mobile could still shape what happens next.Read more

EverQuote (EVER) Investment Thesis As a quantitative fundamental value investor, I seek out businesses where market expectations appear disconnected from economic reality. I estimate intrinsic value using discounted cash flow analysis, calculate an intrinsic price based on distributable cash flows, and then test the opportunity through my 3P Framework: 1.Read more

A little-known Australian miner is trying to turn its Paris project in South Australia from a drill story into an operating silver mine, and the payoff could swing sharply with the silver price. The catch is it still has to clear approvals and line up the money to build it without heavily watering down existing investors.Read more

A small Canadian gold miner just turned its flagship site from a long-running restart project into a working mine, and the next year should show whether it can produce steadily and bring costs down. The bigger question is whether a nearby high-grade deposit can eventually feed the same plant and help turn this into more than a one-mine story.Read more

IRB Infrastructure Developers is a classic evolution of a traditional, heavily indebted road-builder transforming into a global-standard infrastructure asset manager. 1.Read more

Dusk looks like it’s quietly becoming a stronger retailer, with rising online sales, a growing loyalty base, and store changes that seem to lift what shoppers spend. But the same year also highlights a cash squeeze driven by rent and stock on hand, plus a looming regulator court case that could take a real bite out of future returns.Read more

A little-followed Mexico-based direct seller looks cheap to the market, even as the controlling founder and the CEO keep buying more shares. The business is growing again, pays a steady dividend, and now has a fresh boost from the Tupperware deal—but the integration could still be where this story breaks.Read more