What are you buying today?

[LearningMachine]

8 minutes ago, hillfronter83 said:

I can't help buying some TME LEAPS. At current price, it's priced at half of its 2021 operating income excluding investments/cash. They spent $643m in stock repurchase in the first 3 quarters in 2021. In theory, they can buyback all floating shares with cash on balance sheet. 

 

Hey, I'm curious how are you calculating 2021 operating income?  Last 9 months of 2021 Non-IFRS Net Profit for 9 months of 2021 was $537M USD.  See slide 26 at https://ir.tencentmusic.com/download/3Q21+TME+Investor+Presentation.pdf .

 

Their current market cap is $5.56B USD.

Edited March 14, 2022 by LearningMachine

[hillfronter83]

31 minutes ago, LearningMachine said:

 

Hey, I'm curious how are you calculating 2021 operating income?  Last 9 months of 2021 Non-IFRS Net Profit for 9 months of 2021 was $537M USD.  See slide 26 at https://ir.tencentmusic.com/download/3Q21+TME+Investor+Presentation.pdf .

 

Their current market cap is $5.56B USD.

I'm using the same numbers. My calculation shows they have investments (SPOT, UMG, WMG) and cash worth about $2.96/share. So it's almost a net net stock for the biggest online music platform in China (>50% market share). But obviously there are macro risks I don't know how to value hence only a lottery ticket position for now.

Edited March 14, 2022 by hillfronter83

[ourkid8]

More BABA @ $79

[Agrippa07]

added to FB, KWEB and Prosus 

[Spekulatius]

Added a bit FB the other day. Today, its a starter (restarter actually ) in ADSK, PINS and a few adds here and there.

[Gregmal]

UBER, CPNG adds. BIDU calls 

[boilermaker75]

Wrote 315-strike and 320-strike March 18 expiration puts on BRKB.

 

Wrote 60-strike and 65-strike April 14 puts on MSGE.

[fareastwarriors]

$CLPR

[Spooky]

Opened a position in BABA.

[tay9]

2 minutes ago, Spooky said:

Opened a position in BABA.

Same but with leaps.

[GordonGekko69]

Some PRX, NU and PDD

[fareastwarriors]

CLPR and PCYO

[spartansaver]

BABA Leaps

[CorpRaider]

TONTARD in the house

[tay9]

Added Kweb. Might be hard to add after a 30% run up, but if China is serious about playing nice, risk / reward looks good. If I’m wrong, I’m sized so it doesn’t hurt me too much.

[boilermaker75]

I wrote some BABA OTM March 18 expiration puts this morning and some BRKB March 18 expiration 325-strike puts.

Edited March 16, 2022 by boilermaker75

[boilermaker75]

Wrote some SUBX March 18 expiration 83- and 84-strike puts.

[fareastwarriors]

More CLPR...

feels so lonely.

[bizaro86]

TZOO

[nwoodman]

9988.hk (Alibaba)

[james22]

Anyone buying OXY ahead of a buyout?

 

 

Warren Buffett has been buying bunches of Occidental Petroleum stock. Will he buy the whole thing?

 

That is the question that some investors are asking after the aggressive purchases by Berkshire Hathaway (Ticker: BRK/B) during the past two weeks of Occidental Petroleum (OXY) stock.

 

https://www.barrons.com/articles/oxy-stock-occidental-petroleum-warren-buffett-berkshire-hathaway-51647221753?mod=article_inline

[Gregmal]

Shorting the weekly OXY puts looks better IMO. Worst case you'll own the stock lower than where Buffett is buying. Ideally you make 3-8% a week doing nothing. 

[Red Lion]

Added APO. 

[boilermaker75]

40 minutes ago, Gregmal said:

Shorting the weekly OXY puts looks better IMO. Worst case you'll own the stock lower than where Buffett is buying. Ideally you make 3-8% a week doing nothing. 

 

[Red Lion]

Covered my AAPL short at $159. I went short back on December 15 at $178 and plowed the proceeds of the shortsale back into BRK.B (which is up ~17% in the meantime). I'm holding onto the BRK.B, used margin to cover AAPL short.