Research Feed
UBER: Oversold FCF Machine With 61% Idio and 20pp Probability Edge
UBER trades at $70 (RSI 20.6, down 17% in one month) with 61% idiosyncratic variance and a measurable probability edge. Factor decomposition shows 39% exposure to market/tech/momentum (likely no edge), but the 61% idio component is driven by an underappreciated insight: Delivery advertising is trans
Street ignoring 100% EPS beats while CEO buys $9M — but credit quality is deteriorating
Lesaka Technologies (LSAK, $4.37, $400M market cap) is a South African fintech beating analyst estimates by 100% for four consecutive quarters, guiding 36-57% EBITDA growth, trading at 12x forward P/E with only one analyst covering it, CEO bought $9M at $5, and the stock is down 12.8% over the past
Profitability Masks Unit Economics Collapse
LSAK reported Q2 FY2026 profitability: $0.04 EPS vs -$0.40 YoY. Six-month loss narrowed to -$0.01 from -$0.52. Operating income up to $2.15M vs $0.55M. Management touts "operational turnaround." Existing worldview evidence supports this: massive insider buying ($9M CEO purchase Dec 31), 4 consecutiv
PRXXF: Quality Divergence at 52-Week Low — SEK 513M Cash vs SEK 245M Loss
PRXXF reported a SEK 245M operating loss in Q4 2025, but generated SEK 513M in operating cash flow (near 2-year record). The GAAP loss was driven entirely by a SEK 701M Bloodlines write-down already disclosed in November 2025. The stock sits at $16.53 (52-week low), down 8.1% over the past month fol