Posts
Rare questions
Before the price, I look at the durability of the business, and one question in particular does a lot of the work for me: how exposed is this business to being replaced by something that solves the same problem a different way? I think that one gets skipped a lot. …
Student and teacher discounts on investing tools I found (Morningstar $25/yr, Barron's $4/mo, Benzinga 50% off)
I keep a list of current discounts on investing tools, and the student/educator offers are some of the best value I've found. a few worth knowing: * **Morningstar Investor:** $25/year for eligible US students, or $99/year for eligible US educators * **Barron's Digital:** $24 for the first year, then $4/month, …
Paramount's $110B Warner Bros deal is really a $49B bridge loan with a movie studio attached
Everyone's talking about which franchises Paramount gets. I've been staring at the financing instead, because that's where this deal will actually be won or lost. On Thursday Paramount launched syndication for a $7.5B incremental Term Loan B, and buried in the same press release: they intend to raise another \~$44.4B …
MDB dropped ~20% after the CEO left, now a buying opportunity.?
I’ve been going through MongoDB’s recent filings and the CEO news, and I’m trying to understand whether the market is seeing something I’m not. The stock got hit pretty hard after CJ Desai left for Meta and Dev Ittycheria came back as interim CEO. Here’s the actual business looks pretty …
NATR stock
Doing some looking into Nature’s Sunshine Products (NATR) lately and wanted to share some thoughts to see how others view it. The stock is in $12.90 range over the past month. Yes, while short-term price action looks a bit weak and choppy, I'm starting to wonder if the market is …
Bending Spoons (BSP) and the 2.7x ARR Airtable deal
Airtable was still growing annual recurring revenue over 20% when Bending Spoons announced the acquisition. About $480M in ARR against a $1.285B enterprise value works out to roughly 2.7x. The equity value was about $2.25B after including Airtable’s net cash. That interests me more than the comparison with Airtable’s $11B …
CSU: Constellation Software - Investment Thesis
Full investment thesis on why I am long constellation software price: roughly $2,800 p/fcf: roughly 15ish The tldr is that very low multiple with long history of growth. I think the businesses that they own are too niche to be easily disrupted by AI. They've been going through a year …
52-Week Low Stocks. Data only. No analysis. How many do companies do you recognise from the list ?
Source: WSJ. I excluded the Trusts, Reits, Preferred, SPACs and BDCs. (no doubt many of these prices have fallen because of the rise of interest rates). |New 52-Week lows:|Price|Chg %|Volume| |:-|:-|:-|:-| |[ADI Global Distribution Inc.](https://www.wsj.com/market-data/quotes/US/ADIG?mod=md_nftw_hilo_quote)|19.73|0.9|2.7K| |[Alkami Technology Inc.](https://www.wsj.com/market-data/quotes/US/ALKT?mod=md_nftw_hilo_quote)|13.8|\-2.68|3.3M| |[Amentum Holdings Inc.](https://www.wsj.com/market-data/quotes/US/AMTM?mod=md_nftw_hilo_quote)|18.91|\-1.49|19.5K| |[Aon PLC](https://www.wsj.com/market-data/quotes/US/AON?mod=md_nftw_hilo_quote)|273.52|\-1.61|21.2K| |[ARKO Petroleum Corp. Cl A](https://www.wsj.com/market-data/quotes/US/APC?mod=md_nftw_hilo_quote)|16.23|\-3.22|475.5K| |[Ascentage Pharma …
LVMH under €400: Wonderful company at a fair price
I recently wrote a longer article on LVMH, and after going through the latest numbers, I think the current price below €400 offers one of the more interesting risk/reward opportunities I’ve seen in the stock in years. For context, LVMH traded above €900 not that long ago. Today, the market …
Volkswagen
I believe this is a potential value play. I think the stock is at least fairly valued if not underpriced. Any way you look at it, they are selling at fair to great price. Without sharing too much detail (you can run analysis along each of these bullet points): * …