$CPB · The Intrinsic Value Podcast · 2026-11-07
我持有CPB，看好其各项业务相互强化；我认为计划中的支付业务分拆合理，可筹资以扩大贷款业务，但警告失去市场支付协同将是一大负面，目前正等待管理层的表态。
逐段跳播
在Melly之后，你讲了C Limited，我相信它也进入了你的个人投资组合。然后还有另一家公司Caspie，我觉得它可能也进入了你的个人投资组合。
And after Melly, you covered C Limited, which I believe also made it into your personal portfolio. And then there's another company, Caspie, which I think might have also made it in your personal portfolio.
是的，我想可以说我非常喜欢这些企业协同运作、相互强化的方式。而且，是的，我的个人投资组合里确实持有C Limited。我最初以大约70美元买入时看起来非常聪明，后来涨到了130美元。
所以我当时觉得这是一笔了不起的投资。现在我得说，它又回到了70多美元，所以我看上去就没那么聪明了。
Yeah, I think it's uh safe to say I very much like how these businesses work together and also reinforce each other. (01:19) And uh yes, I do own C Limited in my personal portfolio.
I looked very smart when I first bought it at about $70 and then went up to $130. So I thought this is, you know, fantastic investment. Now, I got to say it's back in the 70s, so I don't look as smart anymore.
我还没有买入CASBY，但最终可能也会买，因为这是一家了不起的公司。
And I haven't yet bought CASBY, but I might eventually do so, too, because it's a fantastic company.
但话说回来，C Limited刚刚宣布了分拆money的计划，也就是他们的支付业务部门。所以你永远说不准，我其实很想知道他们接下来会怎么说，因为在我看来，筹集资金来扩大贷款规模是合理的。
但如果他们失去了市场平台与支付业务部门之间的任何协同效应，我认为那将是一个很大的负面因素。
but then again C Limited just announced plans to spin off money which is their payments arm. (12:14) So you never really know and I'm actually quite interested to hear what they will say about that going forward because to me it makes sense to raise money to grow the book.
But if they lose any of the synergies between the marketplace and the payments arm I think that would be a big negative in my opinion.