What are you buying today?

[bathtime]

VRSN

[formthirteen]

1 minute ago, bathtime said:

VRSN

 

I was looking at VRSN today, but bought MSCI instead Bought RMV.L earlier this week.

[bathtime]

MSCI

[bathtime]

MTCH, LSXMK, BYON

Edited April 30, 2024 by bathtime

[Lance]

ADM, MSB, OR, SAND, TFPM and BTC, IBIT & MSTR

 

Thanks

Lance

[CorpRaider]

MGM, PARA

[Lance]

BTC and IBIT

 

Thanks

Lance

 

[Cod Liver Oil]

Fairfax India. It is an imperfect vehicle, but a cheap way to own Indian infrastructure,  participate in privatization and ride the growth curve. 

[Luke]

Bought more PDD

[Saluki]

Took a couple big bites of MSCI yesterday and today and I'm at a 1% position. 

 

Added a little NTDOY. 

[Cod Liver Oil]

More MSGS. Could be a long wait but franchise values are increasing. Happy see progress at E, the other side of the same coin.

[Paarslaars]

Some Jan '26 BYON calls (25$ strike)

[Saluki]

Picked up a few shares of ENPH. 

[lnofeisone]

2 hours ago, Paarslaars said:

Some Jan '26 BYON calls (25$ strike)

Volatility on this one is wild. Anything you can recommend looking at to understand the sell off?

[formthirteen]

More MSCI and VRSN. Price could drop further and I wouldn't care until business fundamentals change.

[Paarslaars]

9 hours ago, lnofeisone said:

Volatility on this one is wild. Anything you can recommend looking at to understand the sell off?

Honestly I don't understand the sell off myself, that's the reason I'm buying.

BTC is down quite a bit from it's ATHs a month ago so that could be it.

I haven't found traffic results yet for the overstock.com website that got launched again end of march, perhaps the traffic is disappointing.

 

 

 

[Luke]

PDD

[coffeecaninvestor]

Starter in CACI

[Junior R]

TD

[John Hjorth]

Started with small positions today in :

 

BALB B.STO [Fastighetsbolaget Balder AB, ser. B, Göteborg, Sweden], &

CAST.STO [Castellum AB, Stockholm, Sweden].

 

I may change my mind about them and sell them at any moment, thereby considering the buys of them errors.

[Dinar]

26 minutes ago, John Hjorth said:

Started with small positions today in :

 

BALB B.STO [Fastighetsbolaget Balder AB, ser. B, Göteborg, Sweden], &

CAST.STO [Castellum AB, Stockholm, Sweden].

 

I may change my mind about them and sell them at any moment, thereby considering the buys of them errors.

Why?  ty

 

[John Hjorth]

7 minutes ago, Dinar said:

Why?  ty

 

 

When I wrote here on CoBF about the Swedish Real Estate Crisis evolving last year, I felt confident both CAST and BALD already then were in deep trouble with regard to their financings looking forward. It seems both companies so far have steared clear of troubled and unsuccessful refinancings, triggering forced and uncontrolled massive assets sales, however it's not over yet.

 

The effort here for my part is over time to build a modest basket of a portfolio of Scandinavian listed real estate companies with a low entry point, for the purpose of holding it for the long term.

[Spekulatius]

Bought some VSTS yesterday and today. just another spinoff that runs into trouble, but uniform rental fundamentally a good business, so I think this should be fixable.

High leverage (from spin) is a concern.

[LC]

Vestis looks like a debt paydown story. They are doing some cost cutting which may or may not work, but I imagine the real story is paying down all the debt they are saddled with post-spin. That value will accrue to equity holders over time.

[Malmqky]

Little more Valaris.

 

Trading at ~20-25% of of replacement, new contracts really starting to rollover, committed (supposedly) to returning all FCF to shareholders...and there's lots of it. Probably should buy a basket, but I like the size and quality of fleet vs competitors and the fact VAL isn't leveraged like the others.

 

We'll see how this works out over the next decade.