Sonny - Secret Sauce Investing's Posts

Nintendo reported today. It’s one of my largest ‘counter positioned’ investments and makes up 8% of my portfolio. I’m down 15% (excluding dividends) but have no intention to sell.

Here’s a summary of the latest earnings

Sales up 21.1%

Net profit up 17.7%

Sales of the OLED are driving game sales.

The new Zelda game smashed 19.5m units!

Digital sales continue to increase YoY. A fact the will drive gross margin.

For once the company revised earnings up! The market typically ignores earnings and instead reacts to Nintendo’s forecast.

The last year has been stellar for Nintendo (release of Zelda & the Mario Movie). My hope is that the can deliver on a new console and changes the market’s opinion.

Sonny - Secret Sauce Investing

$12.8MFollowers

@sonny10/10/2023

Greggs Company Write Up - Britain’s favourite bakery 🥧🥖

Greggs write up is now live.

The British baker operates with a gross margin over 60%.

With 2,410 shops across the UK, they are the most popular fast food chain.

Shops have increased by 40% over the past decade and are on track for to reach their ambitious target of 3,000.

Take a bite here 👇

https://open.substack.com/pub/dough/p/greggs-company-write-up-grg-gggsf?r=91s88&utm_campaign=post&utm_medium=web

open.substack.com

Greggs Company Write Up £GRG / $GGGSF

Britain's most loved bakery 🥧🥖

Sonny - Secret Sauce Investing

$12.8MFollowers

@sonny10/08/2023

Greggs Write Up 🥧🥖

My Greggs £GRG write up will be published on Tuesday morning. Subscribe below to read about Britain’s favourite bakery chain 👇

https://dough.substack.com

dough.substack.com

Secret Sauce Investing | Substack

Publishing a monthly company write up. Searching for and researching companies with compounding opportunities. Click to read Secret Sauce Investing, a Substack publication with hundreds of subscribers.

Sonny - Secret Sauce Investing

$12.8MFollowers

@sonny09/24/2023

First ever paid subscriber! 😁

I’ve been writing articles on substack for 2 years.

Earlier this month I received my first ever paying subscriber. I don’t write articles for financial income, I do it to educate myself and for enjoyment.

However, I’m eternally grateful to achieve my first ever paid subscription!