What are you buying today?

[Spekulatius]

22 minutes ago, sleepydragon said:

There’s a research from JPM analyst Alex Yao (same analyst who called baba uninvestable) about Chinese cloud, saying SOEs will take more shares away from baba and Tencent.

 

 

 

Interesting - we heard that story before.  I get MS "research" via my retail E*trade account and the analyst is Gary Yu and has an OW on $BABA with a $140 target. I guess I get what I am paying for.

Edited September 21, 2022 by Spekulatius

[sleepydragon]

8 minutes ago, Spekulatius said:

 

Interesting - we heard that story before.  I get MS "research" via my retail E*trade account and the analyst is Gary Yu and has an OW on $BABA with a $140 target. I guess I get what I am paying for.

Yeah, I know. And SOEs move like 3x slower than private companies.

 

i also suspected Goldman is selling their SoftBank “put baba” shares. They had a bullish research a couple days ago. Imo, they are going to want to get the share all sold  before the audit results come out. 

[sleepydragon]

If it’s really Goldman selling the SoftBank shares(just my  speculation ), then these brokers will usually aggressively sell 90%, creating market impact, and then leave a few% long for their own book, waiting it bounce back and profit from it. 

[KPO]

MSGE

[fareastwarriors]

1 hour ago, KPO said:

MSGE

 

Same.

 

and PCYO

 

 

Edited September 21, 2022 by fareastwarriors

[CorpRaider]

CMCSA

[Spekulatius]

Bought a starter of $KKR and $MKL and a bit $V. Small adds all over the place $USB, $CRM, $PCYO, $IAA.

[Spekulatius]

Todays mood:

[Seoshin]

22 minutes ago, Spekulatius said:

Bought a starter of $KKR and $MKL and a bit $V. Small adds all over the place $USB, $CRM, $PCYO, $IAA.

What's your investment thesis on $MKL

[Gregmal]

HHC, META, JOE

[Spekulatius]

32 minutes ago, Seoshin said:

What's your investment thesis on $MKL

It’s just a buy and put away stock. I expect about 10% annual return from it.

[ACooke]

11 hours ago, Spekulatius said:

@ACooke re TPB I agree with your assessment. It’s one of my biggest losers (in terms of % loss). I have been adding just a little recently, but my concerns with the CEO (no consumer goods experience) prevent me from getting in bigger.

 

I think they should sell or close down the NewGen (vape) business

I agree - they may do so. They've scaled back capex within the seg as far as I'm aware - I guess whether they make a further push or continue winding it down somewhat will depend on the PMTA outcome. Even if they're successful there, I'm not certain a whole lot comes of their in-house brands.

 

I wonder what they could part the seg out for - surely the E-commerce side of it is worth *something*.

 

As for the CEO - there's not many positives I could find spoken about him from his last role although that was mainly from forums and blogs. I can't recall the magazine exactly but it was a motorsport magazine which in his defence - i think any time you move in to a niche, cultish (too strong of a word here but meh) type hobby and start making business-savvy changes - you're asking for push back from fans. Bobby Kotick is probably a good example on a much grander scale.

 

He's certainly an unknown quantity at the very least.

[Gregmal]

On 9/20/2022 at 1:58 PM, Gregmal said:

Took some of these off and split the proceeds into Fairfax and some Novembers.

Sold some more of the Octobers and added to MSGS

[ourkid8]

More BAM

[Dinar]

Bought MSFT yesterday into the close at $239-$240.

[longlake95]

added a little FFH

[Cod Liver Oil]

A massive brown bear stood outside my window yesterday displaying his furry junk. Then he climbed a 50 foot oak and ate the acorns at the top. I may be confusing the message but I took that as a sign to buy more hard assets:  PCYO and Itafos today.

[longlake95]

4 minutes ago, Cod Liver Oil said:

A massive brown bear stood outside my window yesterday displaying his furry junk. Then he climbed a 50 foot oak and ate the acorns at the top. I may be confusing the message but I took that as a sign to buy more hard assets:  PCYO and Itafos today.

 

LMFAO 

Edited September 22, 2022 by longlake95

[Williams406]

11 minutes ago, Cod Liver Oil said:

A massive brown bear stood outside my window yesterday displaying his furry junk. Then he climbed a 50 foot oak and ate the acorns at the top. I may be confusing the message but I took that as a sign to buy more hard assets:  PCYO and Itafos today.

Excellent! Was it Schiff or Grantham?

[Gregmal]

8 minutes ago, longlake95 said:

 

LMFAO 

I talk to this man pretty regularly and he s one of the under appreciated gems of COBF. Should post more.

[KPO]

TEN

[longlake95]

Thanks. Okay maybe I will post a little more.  Not sure I can add too much to the big brains around here. 

Edited September 22, 2022 by longlake95

[CorpRaider]

SLG.  If they cut the divvy I'm couch surfing at Chanos'.

Edited September 23, 2022 by CorpRaider

[ourkid8]

2 hours ago, longlake95 said:

added a little FFH

Ditto, it's too cheap to ignore.  

[aws]

Berkshire and MKL