What are you buying today?

[rkbabang]

9 minutes ago, fareastwarriors said:

Just DCAing? The drop seems mild in the grand scheme of things 

I was buying every week in 2023 and I haven't bought any in more than a month, so slightly more than my usual buy, but yeah small purchases relative to what I already have.

[Dave86ch]

6 hours ago, rkbabang said:

I was buying every week in 2023 and I haven't bought any in more than a month, so slightly more than my usual buy, but yeah small purchases relative to what I already have.

 

Same here

[ArminvanBuyout]

21 hours ago, Jaygo said:

Starter in MLM. 10 shares to keep me digging deeper.

 

A few things have been pointing me in the direction of aggregates. 

 

To me this may be the easiest picks and shovels play for Ai (datacentres), deglobalization, infrastructure ect, housing ect.

Agreed - near-term is a bit iffy because volumes will probably miss (they've been talking down volumes to the Street on weather and poor housing data), but over the MT / LT is a solid winner. 

They've also focused more on pricing through this cycle, which means that incremental margins likely better than before

[Cod Liver Oil]

Richemont. Its a special asset that Arnault would like to own someday:

https://www.ft.com/content/eb9a7ae9-0dee-4c52-8542-f4f890e459dd

 

 

[fareastwarriors]

FRPH

[jfan]

Joe, BTC 

[Castanza]

DEO, JOE, PCYO, STR

Edited June 25, 2024 by Castanza

[Ross812]

More HQI and a nibble on BF.A. I figure the A shares usually sell at a 5-10% premium to the B shares and could be had for a nickel more today if you are happy getting in and out slowly. 

[fareastwarriors]

PCYO,

 

been buying under $9...

Edited June 26, 2024 by fareastwarriors

[Kizion]

8 hours ago, fareastwarriors said:

PCYO,

 

been buying under $9...

 

Some people buying this stock, while the last posts in the topic about the company seems rather negative  

[coffeecaninvestor]

Small adds yesterday to FRPH, OTCM, and IQV.

 

blows my mind how long FRPH has been trading sideways.. 

Edited June 26, 2024 by coffeecaninvestor

[Castanza]

1 hour ago, Kizion said:

 

Some people buying this stock, while the last posts in the topic about the company seems rather negative  

 

Relatively small position for me, but the main negativity imo is focused on time vs thesis. The company is still solid and management have been conservative capital allocators. The main issue is they are almost too conservative. That's why this is a coffee can stock and won't ever be a massive position for me, but i like to add some when it gets sub $9.

 

Things to look for are:

- Movement on commercial development

- Completion of their current projects

- Dividend or share buybacks

 

Thesis Change (would be)

- Management seeks further land acquisitions prior to finishing their current obligations and building out commercial. 

 

 

[Cod Liver Oil]

Both PCYO and FRPH have the ekg of a stone.  Which has more upside? Can you own either in size or do both reek of opportunity cost?

[Castanza]

38 minutes ago, Cod Liver Oil said:

Both PCYO and FRPH have the ekg of a stone.  Which has more upside? Can you own either in size or do both reek of opportunity cost?

 

I've said before, but I trade about ~50%-75% of my PCYO position on this erratic EKG 

[cubsfan]

3 hours ago, Castanza said:

 

I've said before, but I trade about ~50%-75% of my PCYO position on this erratic EKG 

 

Smart move.

[Gregmal]

Added more deo 

[maxthetrade]

31 minutes ago, Gregmal said:

Added more deo 

 

I have also bought a position today, looks reasonably priced.

[cash_incinerator]

YUMC.  Im not called the cash incinerator for nothing

[rogermunibond]

LULU, NKE, EL, DEO, BFB

 

seems like many high multiple consumer discretionary superstars are getting dinged as the global consumer is tired out or has alternatives.  Any others to watch?

[Ross812]

@rogermunibond HSY

[sleepydragon]

Added to BGC 

Interesting nobody here talks about this stock. JPM recently downgraded CME citing potential competition from BGC (yet JPM has no ratings on BGC, likely because BGC is a much smaller company)

[Castanza]

4 hours ago, Ross812 said:

@rogermunibond HSY

PEP getting close too 

 

other category

 

JNJ and PFE also trading at/near 52 week lows 

[Monsieur_dee]

Sold Citi and bought Lulu. Both 2% positions

[KPO]

A bit more DEO

[Spekulatius]

Added to EDEN, DEO, PYPL, ABEV