In progress $CVALF $COV.V

$CDTI reports earnings only once a year, so I'm excited to hear directly from its CEO. I want to understand the progress on new emissions-control programs, customer penetration, and how close these opportunities are to generating meaningful revenue.

$CVALF is back almost two years after our first fireside chat with its CEO. The big question: How sustainable is the recent momentum, and how much more penetration can Covalon achieve in US hospitals?

Excited for @Diego_La_Torre_ 's first public stock pitch since joining our team. He's been a great fit with our approach to finding quality microcaps, balancing risk and growth, and hunting for turnarounds. Today he makes his case for an electronics components company.

New Research Journal Post (link in bio): •In general, we think the market hasn’t priced in a turnaround yet, by new CEO. •On our estimate of earnings once restructuring cuts are done = trading at a forward P/E of 5x. •The company has very low net debt, and years of past tax losses should let it keep almost all of the new profit. •Someone else seems to have noticed: an investor has bought nearly 9% of the company, close to the 10% cap the board set to block takeovers, and a cost reduction plan was announced the day after it disclosed raising that stake. •Big share repurchase program in place.

We talk a lot about multibaggers, but one of our fave stats from our 2022/2025 Microcap Quality Indexes are actually the percentage of stocks that delivered returns of 20% and 50%. Investing in a broad universe of quality companies with a high probability of delivering solid returns might be a better strategy for most investors, leading to a much better CAGR vs. constantly chasing the next multibagger. Give yourself enough good chances at bat, and the multibaggers will naturally emerge along the way.

We're building a curated smaller-cap hunting ground, like no other, for serious investors who want more than just the next "pick." We're a little biased, but our Substack has become perfect place for quality focused investors/authors to hunt for ideas during market sloppiness, like what's currently going on in certain corners. Thanks for all the support that is making this possible. We won't let you down.