What are you buying today?

[Gregmal]

4 minutes ago, dealraker said:

Just plumbed/wired up one (water heater) in my basement.   Could have gone back to gas but I'd have to hire someone.  So I just went to Lowe's and had it working within an hour.  The old, the 2nd generation in this house, is on the way to the dump later today.  

Yea as a housing guy, I love the guts suppliers. LII, CARR, AOS...all been smaller but well performing positions that benefit off very little but continuation of life. 

[villainx]

8 hours ago, Gregmal said:

Added some to AOS. 

 

 

I had in my notes to look at AOS more closely when it goes under 20 trailing p/e.

[Gregmal]

6 hours ago, villainx said:

 

 

I had in my notes to look at AOS more closely when it goes under 20 trailing p/e.

Yea I like these as alpha boosters so to speak. You can just ladder into em and flip the trading range. If they ever get super cheap you T off. 

[valueventures]

Starter in MATR.TO

[coffeecaninvestor]

Small adds to CACI, MKL, CI, and IQV over the past week. 

[frommi]

added to Evolution AB. Top#3 position, will probably make it #1 if it stays that cheap.

[Spekulatius]

10 hours ago, frommi said:

added to Evolution AB. Top#3 position, will probably make it #1 if it stays that cheap.

A bit puzzling why it drifts down. I am going to add a little more as well but I think there is regulatory and country specific risk (Georgia).

Edited November 23 by Spekulatius

[Paarslaars]

Bought some more PDD calls yesterday. 

[sleepydragon]

Fnmas and fmckj

[sleepydragon]

On 11/17/2024 at 10:29 AM, villainx said:

 

Thanks.  I still have a little bit but hadn't followed super closely.  Might get back in again.  Dec decision could be short term catalyst, but if it's not what shareholders want, it could only be a brief setback until May?  There is some margin of safety at this level.

yeah, it seems there’s not much a big hurdle anymore for this company to succeed, imo. 12/5 decision could be a positive catalyst but even if not it’s inevitable they will start selling in May. 

[Saluki]

Picked up a few shares of KRKNF on the pullback.  

 

Very small adds to a few of the shipping cos in my basket.  They tend to move together so I plan to add a little more to the basket and then sell TEN before the end of the year to take the tax loss but keep the same exposure to the sector. Might rethink the whole thesis in 2025 when the new administration and Congress take office, but for now I don't want to make any big moves. 

[K2SO]

MDLZ

[KPO]

POAHY

[Castanza]

DHLGY

[Saluki]

3 hours ago, KPO said:

POAHY

 

I noticed this the last time I scanned companies hitting 52 week highs or lows.  Porsche has gotten beaten up this year, what's the bull thesis? 

[Cod Liver Oil]

Mo' Joe;  I'm buying Bruce's stock.  It's PE at this point.

Edited November 26 by Cod Liver Oil

[John Hjorth]

1 minute ago, Cod Liver Oil said:

Mo' Joe:  $3bn for a nice chunk of Florida. It's PE at this point.

 

 - How can buying 'RE' at P/B 4.19 and P/E 45.25 [based on Morningstar data] be 'not-dumb'? 

[KPO]

1 hour ago, Saluki said:

 

I noticed this the last time I scanned companies hitting 52 week highs or lows.  Porsche has gotten beaten up this year, what's the bull thesis? 

Mostly the > 40% discount to the underlying Porsche and VW holdings (plus a solid venture portfolio you get for free), coupled with some common sense messaging recently relative to the EV transition on the Porsche side of the business (i.e. openness to more ICE investment).
 

This is one of those situations where sentiment is so negative for the industry (tariffs, EV/fuel economy mandates, structurally lower cost competitors), and this company in particular (German labor unions, potentially foolish and expensive EV partnerships, etc.), that something has to give.  

I know we’ve had this conversation before, but I can’t get past looking at the valuation of RACE and thinking the Porsche and Piech families won’t eventually find a way to monetize some of the premium owned brands (Bentley, Lamborghini, Audi, Bugatti, Ducati, etc).

In the meantime you get a ~5.5% dividend (after the 26% German tax withholding) while you wait for this to play out. Once the holding company pays down some of the debt taken on to cover the doubling of the P911 stake a few years ago I’d expect to see POAHY buybacks, but this is at least two years out. 

 

 Not a huge position for me btw, but I’ll add if it drifts lower.  

[John Hjorth]

13 minutes ago, KPO said:

Mostly the > 40% discount to the underlying Porsche and VW holdings (plus a solid venture portfolio you get for free), coupled with some common sense messaging recently relative to the EV transition on the Porsche side of the business (i.e. openness to more ICE investment).
 

This is one of those situations where sentiment is so negative for the industry (tariffs, EV/fuel economy mandates, structurally lower cost competitors), and this company in particular (German labor unions, potentially foolish and expensive EV partnerships, etc.), that something has to give.  

I know we’ve had this conversation before, but I can’t get past looking at the valuation of RACE and thinking the Porsche and Piech families won’t eventually find a way to monetize some of the premium owned brands (Bentley, Lamborghini, Audi, Bugatti, Ducati, etc).

In the meantime you get a ~5.5% dividend (after the 26% German tax withholding) while you wait for this to play out. Once the holding company pays down some of the debt taken on to cover the doubling of the P911 stake a few years ago I’d expect to see POAHY buybacks, but this is at least two years out. 

 

 Not a huge position for me btw, but I’ll add if it drifts lower.  

 

Absolutely outstanding elevator pitch here from you, @KPO. Thank you. And each to their own.

[Dinar]

Bought Airbus on Monday.  

[giulio]

FIH, EVO

[Dinar]

TMO on Wednesday.  

[Paarslaars]

Bit of CPNG

 

Also some MSTR sept 500$ calls.

Edited December 3 by Paarslaars

[dipod]

2 hours ago, Paarslaars said:

Bit of CPNG

 

Also some MSTR sept 500$ calls.

Same here with long dated CPNG calls. Don't understand the price movement today given that the country itself is still intact. Quick question: any resource you'd recommend for really learning BTC? Want to invest in it but not feeling very confident yet.

[Paarslaars]

The Martial law has already been reversed in a 190-0 vote. 

 

I enjoyed Bitcoin Standard as a basic introduction to the story. If you want to get very details, Saylor has an entire course online but that gets quite heavy, still going through it myself.