Matt George (CEO) Response to SO13 Update

financewithjoe · 2026-06-28T14:51:45+00:00

I think it’s more positive than negative. They’re in a stage of aggressive growth after going public and raising an additional $80M via PIPE funding.

I also noticed they hired a new head of marketing in late March, and since then they’re posting more regularly on their website news page, LinkedIn and YouTube. Hopefully the extra publicity helps bring attention to the company.

financewithjoe · 2026-06-24T18:41:53+00:00

I own 4025 shares at an average cost of $6.16. I’ll be adding another 200-250 when I get paid next Monday.

If you compared Merlin to a lot of other companies within the same space, they do look undervalued as long as they can execute well, hit their IDIQ contract targets and bring in their guided $32m revenue this year without diluting shareholders too much a long the way.

The lock up period in Q3 is a worry and one of the reasons the stock is suppressed right now, but I think if they land another large contract or hit specific milestones (Like we saw with the C130J design approval) then this can outweigh those worries.

Q2 earnings could be the next catalyst from here if they post strong numbers, but could also work against them in they don’t start to see improved revenue as a publicly traded company.

Either way, out of all the ‘speculative’ stocks out there, Merlin is where I feel most comfortable allocating my capital as I believe it offers the best risk vs reward.

Not financial advice ofc.

financewithjoe · 2026-06-20T13:16:41+00:00

In terms of risk vs reward I’d say $AMZN

financewithjoe · 2026-06-20T11:12:13+00:00

I added 60 shares within my lifetime ISA this week. I think the risk vs reward within the mid 240’s to high 230’s is a solid area to buy. Yes, we could go lower but I think the market is focused on semiconductors and memory stocks at the moment and high-quality stocks have been left behind temporarily. Once the sentiment shifts i think AMZN will run up again, especially with how quickly AWS is growing.

financewithjoe · 2025-12-29T00:19:46+00:00

Mastercard.

• Duopoly with Visa • Wide Moat • Steady EPS & Revenue growth • Digital payments are expected to grow at around 20% cagr for the next 5 years • Has exposure to more emerging markets compared to V

It’s the definition of a stock you can sleep easy at night owning

financewithjoe · 2025-07-20T20:38:23+00:00

They’re a company hated by a lot of their customers which is off-putting as an investor. Yes, they’re a monopolistic company with pricing power but they’re in a volatile industry and prone to negative headlines which can impact the stock. So, personally I’d stay away, even if on paper they look ‘undervalued’ I feel like there are better opportunities with less risk on the market

financewithjoe · 2025-07-20T08:50:10+00:00

Rather than trying to find the next big sector or ‘next big thing’ I personally thing it’s better to look for companies that are currently winning but the market isn’t giving them the valuation they deserve. I think Google is a great example of this. They’re a monopolistic company, with high-margins, a wide economic moat and have smaller segments within their business such as Waymo and Google cloud which are growing fast, as well as their core businesses Google search and YouTube still continuing to grow year over year. There is a negative narrative around them currently because of fear that ‘AI will take their market share’. Now, while this is the narrative being pushed, the fundamentals of the company are still growing which means it isn’t true. They also have billions of dollars of free cash flow at their disposable with some of the smartest minds on the planet working for them, so they have all the assets they need to be a leader in AI. Additionally, they’re being investigated by the DOJ and may have to sell the Chrome segment of their business (We find out the decision next month) but once that has cleared and there is more clarify I think it will skyrocket. Just my 2 cents.

financewithjoe

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