Archive - Coughlin Cap

Shift4 (FOUR): Still an Opportunity at 8x FCF

The quarter was strong, the guide was strange, and the valuation is still hard to understand.

Aug 9 • Brian Coughlin

Coupang Q2 Update

A few weeks ago I wrote that Q2 was probably going to be ugly for Coupang.

Aug 7 • Brian Coughlin

Portfolio Update

MTD: +30.32%, YTD: +15.84%

Aug 2 • Brian Coughlin

July 2026

ACM Research (ACMR): Picks And Shovels For China’s Chip Boom

Down 50% in four weeks on news that should help it. I’ve been buying.

Jul 31 • Brian Coughlin

What Is the Price of Being Chinese?

A simple comparison that got me thinking.

Jul 26 • Brian Coughlin

Shift4 Is Up 50%. It’s Still Cheap

The stock finally bounced, but the valuation still assumes the cash flow ramp never arrives.

Jul 19 • Brian Coughlin

Alibaba’s Pre-Q1 Earnings Guidance

The latest sell-side notes point to a much better quarter than investors feared

Jul 14 • Brian Coughlin

Long some calls into the most hated corner of the market.

Jul 7 • Brian Coughlin

Coupang and the Korea Wealth Effect

The opportunity hiding in Coupang

Jul 2 • Brian Coughlin

June 2026

Tencent (0700.HK): The Best Business Nobody Wants

Tencent Holdings — $TCEHY $0700.HK

Jun 25 • Brian Coughlin

5 Stocks to Buy Now

A handful of names the AI mania is ignoring

Jun 20 • Brian Coughlin

Ignorance Is Bliss

Independent, value-oriented research — I write about stocks across China and global markets.

Jun 12 • Brian Coughlin

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