PICK Reddit Mentions | ChartExchange

Another round of company write-ups from Substack from the last week that might be appreciated here.
Not my work - sourced from Giles Capital's weekly compilation: [https://gilescapital.substack.com/](https://gilescapital.substack.com/)
# Americas
[**Archive Invest**](https://open.substack.com/pub/archiveinvest) on [**Taiwan Semiconductor**](https://archiveinvest.substack.com/p/through-the-lens-of-the-ceo-tsmc) (🇹🇼TSM US - US$520 billion)
Written from the perspective of the CEO, it explores the fundamental shift toward AI infrastructure dominance which crystallizes around exceptional manufacturing capabilities with P/E 25x reflecting sustained technological leadership.
[**Monsoon’s Substack**](https://open.substack.com/pub/monsoonpabrai) on [**American Express**](https://monsoonpabrai.substack.com/p/american-express) (🇺🇸AXP US - US$170 billion) **TOP PICK**
Through systematic analysis of the world’s leading premium credit card franchise where Monsoon reveals catalysts demonstrating exceptional management execution with P/E 15x valuation supporting sustained growth.
[**Waterboy Stocks**](https://open.substack.com/users/185444190-waterboy-stocks?utm_source=mentions) on [**Elevance Health**](https://waterboystocks.substack.com/p/seth-klarman-is-buying-elv) (🇺🇸ELV US - US$120 billion)
This investment case strengthens considerably as managed care leadership with medical cost ratio of 85% enables membership growth exceeding 15% annually creating compelling value.
[**Maksim**](https://open.substack.com/users/134299877-maksim?utm_source=mentions) on [**Franco-Nevada**](https://maksimrodin.substack.com/p/fnv-the-best-royalty-play-on-gold) (🇨🇦FNV US - US$25 billion)
Geographic positioning provides Franco-Nevada with sustainable competitive advantages where premier royalty model generates margins above 85% while gold price dynamics support exceptional dividend yield opportunities.
[**Cayucos Capital**](https://open.substack.com/users/326693000-cayucos-capital?utm_source=mentions) on [**FEMSA**](https://cayucoscapital.substack.com/p/fomento-economico-mexicano-femsa) (🇲🇽FMSAUBD MX - US$12 billion)
Regional dynamics create unique advantages in consumer beverage leadership where OXXO convenience store expansion drives same-store sales growth of 8% with improving operational margins.
[**P14 Capital**](https://open.substack.com/users/309966748-p14-capital?utm_source=mentions) on [**Euronet Worldwide, GXO Logistics, and IAS**](https://p14capital.substack.com/p/2q25-er-update-pt-2-eeft-gxo-ias) (🇺🇸EEFT/GXO/IAS US - US$2.5B/7B/1.2B)
A confluence of factors creates extraordinary potential across digital infrastructure with payment processing margins above 20%, logistics automation achieving 95% retention, and advertising technology scale advantages.
[**Cundill Deep Value**](https://open.substack.com/pub/cundilldeepvalue) on [**Valhi**](https://cundilldeepvalue.substack.com/p/vhi-pay-holdco-prices-for-public) (🇺🇸VHI US - US$2.5 billion) **TOP PICK**
The valuation disconnect creates compelling entry points where cash-rich conglomerate trading at 0.8x book value presents exceptional sum-of-parts opportunity with multiple catalysts emerging.
[**Cundill Deep Value**](https://open.substack.com/pub/cundilldeepvalue) on [**Clearwater Paper**](https://cundilldeepvalue.substack.com/p/deep-value-clearwater-paper-nyse) (🇺🇸CLW US - US$800 million)
The opportunity emerges from systematic undervaluation as paper manufacturing operations demonstrate remarkable resilience with EBITDA margins improving to 12% despite cyclical headwinds.
[**Investing 501**](https://open.substack.com/users/5508654-investing-501?utm_source=mentions) on [**Canterbury Park**](https://investing501.substack.com/p/one-hour-analysis-canterbury-park) (🇺🇸CPHC US - US$200 million)
Market conditions favor companies positioned in gaming where horse racing and card room operations generate EBITDA margins of 28% with consistent cash flows supporting dividends.
# Europe, Middle East & Africa
[**The Small Cap Strategist**](https://open.substack.com/pub/tscsw) on [**Kitwave Group**](https://tscsw.substack.com/p/kitwave-group-overview-and-highlights) (🇬🇧KTW LN - US$190 million)
A look into a situation where exceptional management execution and food service recovery dynamics with gross margins of 18% provide sustainable competitive advantages through strategic market positioning.
[**Central Tendency**](https://open.substack.com/pub/centraltendency) on [**Bango**](https://centraltendency.substack.com/p/on-bangos-bgol-subscription-bundling) (🇬🇧BGO LN - US$112 million)
This investment case strengthens considerably when examining platform inflection with 7.5x EBITDA multiple as major telecom customer wins drive 19.2 million active subscriptions doubling annually.
[**The Outsiders' Corner**](https://open.substack.com/pub/outsiderscorner) on [**Medistim**](https://outsiderscorner.substack.com/p/medistim) (🇳🇴MEDI NO - US$400 million)
Network effects strengthen competitive position where ultrasonic flow measurement technology achieves gross margins of 75% with recurring service revenue growth creating sustained value.
# Asia-Pacific
[**The International Investor**](https://open.substack.com/pub/theinternationalinvestor) on [**Minor International**](https://theinternationalinvestor.substack.com/p/southeast-asias-hotels-resorts-and) (🇹🇭MINT TB - US$3 billion)
This write-up looks into what could be the beginning of exceptional value creation as tourism recovery drives hotel occupancy above 75% while regional expansion creates revenue growth of 25% annually.