formthirteen Posted April 22, 2022 Posted April 22, 2022 Nobody buying banks when interest rates are "guaranteed" to go up?
formthirteen Posted April 22, 2022 Posted April 22, 2022 (edited) HL.L, APAM, ALS.TO Edited April 22, 2022 by formthirteen
Gregmal Posted April 22, 2022 Posted April 22, 2022 Added a few more May 330 QQQ puts. Imagine what a dumpster fire that’s gonna be if the big tech stuff all the value bros have been buying fall flat on earnings next week?
lnofeisone Posted April 22, 2022 Posted April 22, 2022 3 hours ago, Castanza said: Starter in VET Welcome to the party...I added another slug of Dec 17.5 and 30 calls.
LC Posted April 22, 2022 Posted April 22, 2022 1 minute ago, lnofeisone said: Welcome to the party...I added another slug of Dec 17.5 and 30 calls. I joined the party as well. Hopefully the kool aid is light and sweet.
Castanza Posted April 22, 2022 Posted April 22, 2022 2 hours ago, lnofeisone said: Welcome to the party...I added another slug of Dec 17.5 and 30 calls. O&G always makes me nervous, I prefer simple straight forward stuff like TPL. But the setup here looks pretty compelling. Plus it seems to be a theme of mine to jump in small risky positions as of late. I’m looking out 1-2 years with this so I guess we’ll find out!
gokou3 Posted April 23, 2022 Posted April 23, 2022 GOOGL, BAM.A, CTS.to. Really drinking the GARP kool-aid here.
MikeL Posted April 23, 2022 Posted April 23, 2022 Aren't you worry about the share dilution of CTS.TO? 2018: 64m 2019: 77m 2020: 102m 2021: 200m
gokou3 Posted April 24, 2022 Posted April 24, 2022 (edited) On 4/22/2022 at 6:04 PM, MikeL said: Aren't you worry about the share dilution of CTS.TO? 2018: 64m 2019: 77m 2020: 102m 2021: 200m I think the share issuances from the last 3 years are due to them wanting to bulk up quickly to a critical mass. Going forward, the company guided to $1B of revenue in acquisitions per year for the next 3 yrs. Their stated goal is to acquire 3% ebitda margin business at 5x EV/EBITDA multiple, that's a P/S=0.15 and hence $150M M&A dollars per year. Based on their cash on hand ($120M real-time by my estimate) and FCF (C$130M for 2022 by my estimate), company should be able to self fund without further dilution. Edited April 24, 2022 by gokou3
Castanza Posted April 25, 2022 Posted April 25, 2022 (edited) A bit of CLF, X, VET, ATCO, ZIM Edited April 25, 2022 by Castanza
thowed Posted April 25, 2022 Posted April 25, 2022 1 hour ago, Gregmal said: More PCYO Nice. I was a bit surprised at how much it went down today. But hey ho.
Gregmal Posted April 25, 2022 Posted April 25, 2022 1 minute ago, thowed said: Nice. I was a bit surprised at how much it went down today. But hey ho. Yup. I was and I wasn't. It looked for a minute like the big sellers had been alleviated when we got back over $12. You could see the stock trading normal again. Friday too had a bid all day near $12. Today there was as much stock as one wanted at the ask all day long. From talking to a few folks its really just exhaustion from Harding's paint dry strategy right now. Its a little concerning to me that with all the stuff happening over the next two years, they dont have the confidence to at least even authorize a buyback. But whatever. Ive got all day so it works for me.
fareastwarriors Posted April 25, 2022 Posted April 25, 2022 (edited) More PCYO and MSGE and picked up some BAC under 36 (forgot I had an outstanding buy order lol). legacy holding from the post GFC days. Edited April 25, 2022 by fareastwarriors
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