Monsieur_dee Posted October 6, 2021 Posted October 6, 2021 16 hours ago, formthirteen said: ROE/ROIC + yuge revenue growth = profit 5-10 years from now? Both are global software and advertising businesses. ASOS 10-year median ROE (20%), ROIC (20%), and revenue growth (31%), P/E ~20 seems "OK", price seems low if if we extrapolate from past numbers: https://quickfs.net/company/ASC:LN NTM EV/EBIT multiple ~16 near a ten year low. BOO growing faster and is more expensive: https://quickfs.net/company/BOO:LN Nick Sleep. Problems: ESG, inflation and labor costs, competition, management (BOO). Take a look at revolve if you like the industry. Also more wix
ERICOPOLY Posted October 7, 2021 Posted October 7, 2021 7 hours ago, Gregmal said: LOL Meanwhile, a good percentage of folks are scared to go 5% on a single, non controversial STOCK! Not to mention the numerous financial literature and textbooks that tell you 5% is too risky. Just shows how the system is designed to keep people poor and reliant on financial services. Anyways, it isn't risky because I'm ticking the bottom on an Alibaba lifetime PE basis. This is the first time it has gone to 17x. This is the only year out of the past 5 where the stock hasn't traded up to a 40x PE for at least a small while. LOL.
Gregmal Posted October 7, 2021 Posted October 7, 2021 11 minutes ago, ERICOPOLY said: Anyways, it isn't risky because I'm ticking the bottom on an Alibaba lifetime PE basis. This is the first time it has gone to 17x. This is the only year out of the past 5 where the stock hasn't traded up to a 40x PE for at least a small while. LOL. Yea but it’s 5% and it’s call options, bruh! I’m with you though(just not on BABA, I don’t have a high level opinion there). A lot of times options are a better risk management strategy than stock. And 5% is not a big deal.
ERICOPOLY Posted October 7, 2021 Posted October 7, 2021 1 minute ago, Gregmal said: Yea but it’s 5% and it’s call options, bruh! I’m with you though(just not on BABA, I don’t have a high level opinion there). A lot of times options are a better risk management strategy than stock. And 5% is not a big deal. Yes but in a sense it's risk-free because in a parallel universe where leverage doesn't exist neither does a parallel version of me in possession of said 5%.
Gregmal Posted October 7, 2021 Posted October 7, 2021 14 minutes ago, ERICOPOLY said: Yes but in a sense it's risk-free because in a parallel universe where leverage doesn't exist neither does a parallel version of me in possession of said 5%. In my universe where you already have what you need to live life on your own terms everything else is just having fun!
Mephistopheles Posted October 7, 2021 Posted October 7, 2021 @ERICOPOLYclutch move. I also happened to buy BABA options yesterday $300 strike Jan 2023
ERICOPOLY Posted October 7, 2021 Posted October 7, 2021 29 minutes ago, Mephistopheles said: @ERICOPOLYclutch move. I also happened to buy BABA options yesterday $300 strike Jan 2023 Yes, for what I bought yesterday. However.... when I sell common stock to raise cash, my Roth IRA rules at IB won't allow me to trade until the following day. So I HAD to wait until this morning to purchase the rest of the call options.
formthirteen Posted October 8, 2021 Posted October 8, 2021 (edited) Boohoo, I bought more $BOO.L and $ASC.L. Edited October 8, 2021 by formthirteen
formthirteen Posted October 11, 2021 Posted October 11, 2021 (edited) On 10/8/2021 at 1:29 PM, formthirteen said: Boohoo, I bought more $BOO.L and $ASC.L. I'm crying even more today. $ASC.L down -14.53%. Bought a bit more shares. Edited October 11, 2021 by formthirteen
Gregmal Posted October 11, 2021 Posted October 11, 2021 Added a little bit to the crude oil futures call options and XLE calls. Credit to Kuppy again on the futures calls.....clearly the best way to play a big spike without the company specific risk. Another shoutout to the genius president and his fans for making it all happen. No better way to redistribute the wealth the high energy prices. $100 oil here we come!
JRM Posted October 11, 2021 Posted October 11, 2021 5 minutes ago, Gregmal said: Added a little bit to the crude oil futures call options and XLE calls. Credit to Kuppy again on the futures calls.....clearly the best way to play a big spike without the company specific risk. Another shoutout to the genius president and his fans for making it all happen. No better way to redistribute the wealth the high energy prices. $100 oil here we come! Don't assume malice for that which can be explained by ignorance. What is the expiration on the calls\futures? If *feels* like we're due for an in-flight correction vs a straight line to $100.
Gregmal Posted October 11, 2021 Posted October 11, 2021 2 minutes ago, JRM said: Don't assume malice for that which can be explained by ignorance. What is the expiration on the calls\futures? If *feels* like we're due for an in-flight correction vs a straight line to $100. Theyre somewhat illiquid so I dont wanna give an exact date and strike, yet, cuz the trade is still in progress. But go out a few years and up 20-50%. So figure $100-125 strike on the CL. Pick your date accordingly but it doesnt really matter if you give yourself some time. You dont need a bee line. As we saw with the last correction, it just washes out the wimps and then resumes whats inevitable. We dont have the infrastructure for all these alt energy dreams and theyre killing what we do have. Its a basic supply and demand trade and globally theres places even worse than we are here. Wait til places like India start their "covid recovery"....demand....up. Joe will be gasping for a ventilator due to the sheer horror of what he's created. And we'll just laugh and count our dollars and smile while filling our cars with $6 gas.
ERICOPOLY Posted October 11, 2021 Posted October 11, 2021 4 hours ago, Gregmal said: Added a little bit to the crude oil futures call options and XLE calls. Credit to Kuppy again on the futures calls.....clearly the best way to play a big spike without the company specific risk. Another shoutout to the genius president and his fans for making it all happen. No better way to redistribute the wealth the high energy prices. $100 oil here we come! $100. Interesting, that will take us back to 2008 pricing again.
Spekulatius Posted October 13, 2021 Posted October 13, 2021 On 10/11/2021 at 1:55 PM, Spekulatius said: Adding a bit to $FISV here below $106. Keep adding little lots of FISV. FWIW, some of the Fintech are selling off quite a bit recently (FIS, PYPL and the Brazilian samba stocks PAGS and STNE)
Red Lion Posted October 13, 2021 Posted October 13, 2021 57 minutes ago, Spekulatius said: Keep adding little lots of FISV. FWIW, some of the Fintech are selling off quite a bit recently (FIS, PYPL and the Brazilian samba stocks PAGS and STNE) Imitation is the best form of flattery they say. I bought FISV and SFTBY over the past two days.
SafetyinNumbers Posted October 14, 2021 Posted October 14, 2021 Added to ACD.TO Accord Financial Its not a very liquid stock so the risk is if you buy it, it might go up. Reported $0.65 in H121, should be stronger in H222 and even stronger next year as they grow the balance sheet and pick up operating leverage. Management is targeting a 15% ROE vs 13.3% last quarter. Book value is $10.70 vs the stock price of $8.17.
ANP301191 Posted October 15, 2021 Posted October 15, 2021 Added some FB in the mid 320s. Maybe Im wrong but I would love the US govt to break it up, Whatsapp and Instagram are probably amongst the most valuable properties in the world and are definitely undervalued being part of the FB "evil empire".
Gregmal Posted October 18, 2021 Posted October 18, 2021 A few cases of Eagle Rare 10 year. Preparing for the impending bourbon crisis.
Broeb22 Posted October 18, 2021 Posted October 18, 2021 (edited) Added DFH. Think there was some forced selling by BOMN to fund their SPAC deal. Edited October 18, 2021 by Broeb22
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now