最有價值收息股研究所 @ 22

Thanks

講多樣野
Revise Guidance 原因係呢個
The analysis of the 2Q Risk Adjustment Reports, covering nearly 100% of Oscar’s geographic footprint, shows that overall ACA Marketplace risk scores, a measure of the average morbidity of the market, have increased by more than the Company’s prior estimates

咩係 Risk adjustment 呢
你可以睇bal sheet


你會留意到有兩舊野好特別

1）Benefits payable
呢個係medical payment reserves 黎

2） Risk adjustment transfer receivable 同 payable
呢個係 ACA 重點黎
類似我地果d 自願醫保咁
佢係一個大 pool，唔同保司既 ACA plan
如果 A 公司既客less risk （後生d)，就要支付相應 risk transfer 比 B 公司 with higher risk customers
令到所有人理論上不論風險都有低保費

今次 Revise guidance就係代表其他差既ACA company MLR升左
所以要OSCR risk adjustment transfer 一舊錢比佢去補貼

其實我都睇好聯合醫療唔從呢啲大數據客觀證據出發的話，我會話始終美國人一定要買保險，唔買保險睇醫生真係貴到黐線，政府可以對保險有改革，但一定唔會收保險公司皮。
何況UNH係世界五百強企業，一年交咁多稅，成個完整生態系統收皮的話好多人搵唔到替代品會恐慌最多會話以後佢股價唔會去到以前咁癲，但係一定唔會好似而家咁低

又學到野

500年後可能會發生依加既話,你睇歐洲冬天日日新聞講咩

侵侵任期完左再講

期待新CEO 上場，期待3.0

我對王國龍 無乜不滿
佢離任前，我見到823喺人事上亦佈好晒局
我唔相信 成間公司係一言堂，亦唔相信佢一個人離開會對公司運作好大影響
年報好好睇，睇多啲

想入UNH, 業績後定係而家好？

有信心點解唔依家買?

有無人有睇 2285 感覺上應該做到下個 techtronics

因為無信心
所以上連登伸手問，期望有人答一句，送埋發達機會比佢

盡情負皮我吧

其實分一注業績前一注業績後咪解決到

乳田即係加拿大龐氏？

yes Brookfield

週期股點解長揸？

d名越撚越難認

長期demand > supply 唔係週期股啦已經

新名： 騙局

咁易得唔得

3466 日日升，真係咁筍？

又話 GOOG已死既
又話 AI 取代 Google既
全部 Beat estimate 喎

$GOOGL Google Q2 2025 Earnings

EPS $2.31, est. $2.18
Rev. $96.43b, est. $93.97b
CAPEX $22.45b, est. $18.24b
Cloud Rev. $13.62b, est. $13.14b
Youtube Ads Rev. $9.80b, est. $9.56b
2Q Rev. ex-TAC $81.72b, est. $79.6b
Ad Rev. $71.34b, est. $69.71b
Operating income $31.27b, est. $31.07b
Sees FY Capex about $85b, saw about $75b, est. $73.31b
AI is positively impacting every part of business

Btw, good news to NVDA
GOOG boost capex guidance

麻煩果9個人再負皮多我一次
Thanks

正負皮勿認真

今晚200見

大飛哥值得respect