Quality-first, Business-perspective Strategy, Urbem (HK) Limited

Steven Chen

Steven CHEN is a quality-first, business-perspective investor.

Steven can be reached at schen@urbem.cn or steven@hillsidewealth.ca.

Quality-first, Business-perspective Strategy

Tobila Systems: The Monopoly that You Probably Never Heard Of (Even as Its Customer)

Evolution Gaming: The World's Largest Casino, Which You Probably Never Heard Of

Market Domination + Under-Penetration = Our Favorite Growth Scenario

Equity Bottom-Up

<ul>
<li>This is our second Insight into Tobila Systems - the absolute dominator in the niche of fraud/spam call and message filtering services in Japan;</li>
<li>We like the high-quality, unique assets owned by the company, although capital allocation appears to stand out as a wild card in our formula of long-term shareholder-value creation;</li>
<li>At the current level, we would hold the shares firmly and wait patiently for more opportunistic offerings from Mr. Market to accumulate more shares.</li>
</ul>


This is our second Insight into Tobila Systems - the absolute dominator in the niche of fraud/spam call and message filtering services in Japan;
We like the high-quality, unique assets owned by the company, although capital allocation appears to stand out as a wild card in our formula of long-term shareholder-value creation;
At the current level, we would hold the shares firmly and wait patiently for more opportunistic offerings from Mr. Market to accumulate more shares.


Tobila Systems Inc

Tobila Systems: A Deep-Dive View