Framework Journal · one stock, one dated entry

Recorded 2026-06-14 · Permanent

Agencia Comercial Spirits Ltd AGCC

Outside both standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Agencia Comercial Spirits Ltd, together with its subsidiaries, engages in procurement, distribution, and sale of whiskies in Taiwan and internationally.

The label
Markdown

read at $14.40

Agencia Comercial Spirits Ltd holds its Markdown at $14.40.

PHINPOOPSC
  • PHPhase · the trend structure carries the Markdown label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · does not pass the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-06-14
PhaseMarkdown · caution
Quantitative stateThe statistical read favours the sellers, held for 29 days
Price$14.40
Valuation360.00 trailing · N/A forward price to earnings
Values screenFAIL · score 30.0
BetaN/A

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Trailing P/E360.0x
expensive — the price assumes strong growth ahead
Revenue growth274.1%
growing very fast
Profit margin9.8%
thin but positive margins
Return on equity10.4%
a modest return on shareholder capital
Debt to equity1.70
a meaningful debt load worth watching
Market cap$328M
Employees23

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to Taiwan and to currency swings; it carries a real debt load, which raises the stakes if revenue slips.

Plain-English interpretation of our own screen data. Analysis, not advice.

The trader read · the latest dated commentary

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B. Technically it is momentum reading bearish. Our forward projection puts the odds of a 10% gain over the next month near 48%. Entered 2026-07-20 · Markdown

The dated journal · newest first, never edited

2026-07-20 Markdown $14.40 +0.0% Entry 5

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B. Technically it is momentum reading bearish. Our forward projection puts the odds of a 10% gain over the next month near 48%.

2026-07-18 Markdown $14.40 +0.0% Entry 4

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B. Technically it is momentum reading bearish. Our forward projection puts the odds of a 10% gain over the next month near 48%.

2026-07-16 Markdown $14.40 +0.0% Entry 3

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B. Technically it is momentum reading bearish. Our forward projection puts the odds of a 10% gain over the next month near 48%.

2026-07-03 Markdown $14.40 +0.0% Entry 2

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.

2026-07-02 Markdown $14.40 Entry 1

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $18.80 -18.1% · $819 -18.1%
2 months $14.81 +4.0% · $1,040 +4.0%
3 months $15.63 -1.5% · $985 -1.5%
6 months $10.45 +47.4% · $1,474 +47.4%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever AGCC does next, these words stay.

Agencia Comercial Spirits Ltd · AGCC · Markdown · $14.40
Recorded 2026-06-14 · before the outcome · scored mechanically

All of today's entries See the running score

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