What are you buying today?

[Malmqky]

UNTC

 

10% of market cap in cash

 

25% dividend yield, clean balance sheet. 8ish years of production left.

 

Company has profitable assets it’s liquidating conservatively worth $600m+ vs $400m market cap. Not including the recently sold land, which will be another $5.50 per share in cash.

Edited January 10, 2024 by Malmqky

[treasurehunt]

More TCEHY. I have increased my position 50% in the last month. I think I am done for now, unless the stock drops below $30 with no significant deterioration in the business.

[Sweet]

On 1/9/2024 at 1:59 PM, Paarslaars said:

I have a small position betting on a few biotech companies as I expect the industry to do well with lower interest rates.

PACB specifically dropped 18% yesterday on some preliminary earnings that seemed fine to me, full results will be reported tomorrow. I believe this was an overreaction and want to capitalize on this.

Strange that Oxford Nanopore was also lower on news so far as I can tell but Illumina was largely unchanged or higher even.

[Stuart D]

10 hours ago, Malmqky said:

UNTC

 

10% of market cap in cash

 

25% dividend yield, clean balance sheet. 8ish years of production left.

 

Company has profitable assets it’s liquidating conservatively worth $600m+ vs $400m market cap. Not including the recently sold land, which will be another $5.50 per share in cash.

 

Woah, sounds interesting. Was the recency drop from $65 to $41/share due to some dividend payments or capital returns?

 

edit: ok I’ve found the thread for this name. Looks like it was a big special dividend.

Edited January 11, 2024 by Stuart D

[Paarslaars]

5 hours ago, Sweet said:

Strange that Oxford Nanopore was also lower on news so far as I can tell but Illumina was largely unchanged or higher even.

I believe Illumina will go up more stable now that they have shed GRAIL.

[WFF]

Bought some OXY, am guessing Berkshire will buy and push it back up.  Might as well make a few bucks from Mr. Market’s emotion.  

[cash_incinerator]

Yumc starter.  Curious if anyone understands a bear case outside of general negative sentiment on china.  Big picture future seems very clear and bullish to me though.

[Grafter]

Starter position in ssd.

[valueventures]

IWGFF, looking to benefit from transition to capital-light model 

[Spekulatius]

Bought more $HUM on the UNH induced scare this morning. 

[Grafter]

Bought some abg after the recent drop.  But then I trade in and out of it due to the violatity.

[Spekulatius]

1 hour ago, Grafter said:

Bought some abg after the recent drop.  But then I trade in and out of it due to the violatity.

"Violatility" - I like this expression.

[sleepydragon]

bought some BUR on Friday 

[Cod Liver Oil]

Adding to eBay then going to the gym to decide how to size it.  Seems unreasonably cheap at 40.

[Joseywales]

Added to BABA

[jckund]

28 minutes ago, Cod Liver Oil said:

Adding to eBay then going to the gym to decide how to size it.  Seems unreasonably cheap at 40.

 Agree...

[Ross812]

On 1/12/2024 at 9:49 AM, Spekulatius said:

Bought more $HUM on the UNH induced scare this morning. 

 

Bough HUM this morning as well. 

[Spekulatius]

Adding to $JCI here (CEO left - stock down ~6%)

[ArminvanBuyout]

3 minutes ago, Spekulatius said:

Adding to $JCI here (CEO left - stock down ~6%)

 

From what I remember, people loved the CFO (it was the CFO leaving), and he was slated to become CEO once current COE leaves, so for CFO to leave is negative sentiment for outlook

[Spekulatius]

1 hour ago, ArminvanBuyout said:

 

From what I remember, people loved the CFO (it was the CFO leaving), and he was slated to become CEO once current COE leaves, so for CFO to leave is negative sentiment for outlook

Thank you for the correction. Clearly a negative but I think for an industrial, the CFO is not as critical than for a bank for example. So, I am upping my position a bit.

 

Sometimes, the leadership changes are harbinger of bad news (earnings misses etc. ) to come, so one should be aware of the risk.

[Saluki]

Small adds to CPNG, OXY and BTI.  

 

Trimmed a little STNG and HHH to free up the cash. 

[WFF]

Added to OXY and 1658.HK

[Spekulatius]

Seems like a good day to add $CPNG

[Lance]

Prosus

 

Thanks

Lance

[Saluki]

1 hour ago, Spekulatius said:

Seems like a good day to add $CPNG

 Other than the Korea competitor alleging anticompetitive pricing, why do you think it's down over 10% in two days?  I see some negative articles about North Korea saber rattling and China, but nothing specific to CPNG that would justify this.  I'm still adding in very small bites.  I have a medium position and I had planned just to sit on it for another year, but sometimes I see the price drop on a stock and I feel like I'm watching my girlfriend at a shoe sale.