Sectors: Technology
PPS +0.79%: Announced that the Interim CEO, Anthony Wamsteker, has been appointed CEO of PPS from 16 August 2021. This is unsurprising, positive and a safe pair of hands for PPS.
Block, Inc. is focused on creating ecosystems for distinct customer audiences. The Company operates through two segments: Square and Cash App. Square segment includes managed payment services, software solutions, hardware, and financial services offered to sellers, excluding those that involve Cash App. Square is a cohesive commerce ecosystem that helps sellers start, run, and grow their businesses, including enabling sellers to accept card payments, provide reporting and analytics, and facilitating next-day settlement. Cash App segment includes the financial tools available to individuals within the mobile Cash App, including peer-to-peer payments, bitcoin and stock investments. Cash App also includes Cash App Card, which is linked to customer stored balances that customers can use to pay for purchases or withdraw funds from an ATM. Cash App also includes the BNPL platform. Its bitcoin ecosystem includes TBD, which is an open developer platform.
JD.com (JD US) is an online direct sales company in China. The Company offers a wide selection of products through its website and mobile applications. JD.com sells appliances, computers, digital products, communication products, garments, books, and household items to consumers and vendors.
Bilibili (BILI US) provides online entertainment services. The Company offers a platform that covers a wide array of genres and media formats, including videos, live broadcasting, mobile games, animation, and comics. Bilibili serves customers in
ProShares Short QQQ is an exchange-traded fund incorporated in the USA. The Fund seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the NASDAQ-100 Index.
NVIDIA (NVDA US) designs, develops, and markets three dimensional (3D) graphics processors and related software. The Company offers products that provides interactive 3D graphics to the mainstream personal computer market.
Dicker Data Limited is an Australia-based technology hardware, software and cloud distributor. The Company operates through two segments: Australian and New Zealand operations. It provides a range of solutions, which include access and surveillance, accessories, backup and recovery, business applications, business monitors, cloud, components, data center, data management, desktops, gaming, Internet of Things (IoT), networking, notebooks, peripherals, printers, pro AV and displays, power solutions, remote working, scanners and mobility, security, uninterruptible power supply (UPS), workstations, storage, servers, and video conferencing. The Company distributes a portfolio of products from the technology vendors, including Cisco, Citrix, Dell Technologies, Hewlett Packard Enterprise, HP, Lenovo, Microsoft and other brands. Its subsidiaries include Express Data Holdings Pty Ltd, Dicker Data Financial Services Pty Ltd, Dicker Data GP Pty Ltd, Dicker Data New Zealand Ltd and Exeed Ltd.
Shopify Inc. (SHOP US) provides a cloud-based commerce platform. The Company offers a platform for merchants to create an omni-channel experience that helps showcase the merchant’s brand.
BetaShares ASX200 IT ETF (ATEC) is an ETF incorporated in Australia that aims to track the performance of the ASX200 Technology Index (before fees and expenses). The Index provides exposure to leading ASX-listed companies in a range of tech-related market segments such as information technology, consumer electronics, online retail and medical technology.
ALU +39.03%: Our most recent purchase in the MM Flagship Growth Portfolio Altium (ALU) received a takeover approach over the weekend from Nasdaq Listed Autodesk at $38.50 a share which was a ~40% premium to last and a ~43% premium to our entry price of $26.97 about 2 weeks ago.
