What are you buying today?

[kab60]

Planetel SpA, small Italian fiber telco which IPO'd in december. Insiders didn't sell a share and own most of the stock. User growth of 20 pct. in 2020, ebitda up 35 pct. y/o/y, long runway for growth and massive margin expansion yet trades at 6,5x21 ebitda versus local peer Intred which is closer to 14x. Analyst has it at 4,4x2022 ebitda. Potential multibagger with a combination of revenue growth, margin and multiple expansion.

[Castanza]

ETSY

[alpha]

Followed the crowd and started a small position in BABA 

[nwoodman]

39 minutes ago, alpha said:

Followed the crowd and started a small position in BABA 

+1 although purchase was via HKSE (9988.HK)

[fareastwarriors]

Added to JBGS

[Gregmal]

Shorted a little more ARKG today. 

[Castanza]

PCYO

[gaurav_s]

A whole lot of BABA

[Baklava]

Bought more BABA

[KJP]

Here's a podcast specifically about this thread:  https://focusedcompounding.libsyn.com/website/ep-304-thoughts-on-10-different-stocks-reits-msgmsgn-and-a-bull-case-for-amazons-stock

[Castanza]

$ATCO 

$5.56

$9MM

[RichardGibbons]

On 3/5/2021 at 4:51 PM, RichardGibbons said:

Bought some UAN Aug $30 calls.

Because why wouldn't one want to make a leveraged bet on a company whose business strategy is basically "take on huge operational leverage and then wait for fertilizer prices to increase"? Double the leverage, double the fun!

(This describes why UAN is an interesting speculation. Note that the price of UAN32 fertilizer futures have almost doubled YoY, with almost all that increase coming in the past two months. If today's prices hold for six months, I think the options will work out well. If not, they will likely be worthless.)

I rolled these calls over in to UAN AUG $50 calls. The original calls cost $2.60 and I sold them for around $19.

My belief that Canadian capital gains taxes might increase on April 19 played a role in the decision to make the trade right now.

Edited April 10, 2021 by RichardGibbons

[Jmac42600]

Bought some BABA

[fareastwarriors]

Some APTS

[Gregmal]

9 hours ago, KJP said:

Here's a podcast specifically about this thread:  https://focusedcompounding.libsyn.com/website/ep-304-thoughts-on-10-different-stocks-reits-msgmsgn-and-a-bull-case-for-amazons-stock

Not sure if this is a talk show or what, if any financial background the guys have, but I watched a few minutes because someone sent me a link saying they talked about APTS.

For one, if you look at ~$300M in NOI, and then (incorrectly) look at a $3B EV, and dont conclude this is 1) too good to be true, and 2) something must be off otherwise its the bargain of a lifetime...well, I think that says a lot. It certainly doesnt scream "financially in the know", at least to me. 

Otherwise, this exact process is a big part of the reason PAC is where it is, and the opportunity exists. I mean, people, qualified people, looked at SPG at $50/60/70 post covid crash and wanted nothing to do with it. And thats the cream of the crop, A rated credit company. So its no wonder a company like PAC gets left for dead. Microcap REIT. Still probably listed as externally managed. Profile says MF, retail, and office. $2.5B+ in debt against ~350M in market cap. Cut dividend. Still with me? Well, maybe you are you brave and diligent soul...and then you dig into the filings and boom get the whole $2B+ of preferred dropped on your head....at which point even the most arduous person probably goes, OK, fuck this...pass. Those clouds shall pass though. 

[abwillingham]

Finally got over my utter distaste of the CCP and loaded up on BABA.    

[raj1234]

Cloning Munger, buying BABA.

[Broeb22]

FERG

[Gregmal]

Small starters in BOMN and Z. The latter of which I finally decided to make the shift from psychologically being a bear and disliking many of the traditional metrics...and realizing that 1) its been a great investment over the years, and 2) if my housing thesis plays out this will be a gloriously good investment. Will see how it goes. 

[John Hjorth]

Within the last couple of days, I've :

1. Added to BRK.B,

2. Added to BAM,

3. Added to MC.PA, &

4. Added to SCHO.CPH,

[all, small additions],

Furthermore,

5. Added to NORTHM.CPH, [North Media A/S]

6. Started a new position in SPG.CPH [SP Group A/S], &

7. Started a new position in RTX.CPH [RTX A/S].

- - - o 0 o - - 

All small portfolio movements.

Edited April 15, 2021 by John Hjorth

[fareastwarriors]

Added to INDT and APTS

No high conviction ideas so I just keep adding to my small positions. 

[Castanza]

Re-established a position in PLTR the last few days. Will average in if prices stay in current range. 

[Castanza]

Trimmed RTX in my non-taxable account and shifted proceeds into LMT and GD

Edited April 14, 2021 by Castanza

[cubsfan]

 

DISCK $32.60 

[formthirteen]

More BTI with proceeds from WFC