backtothebeach Posted June 5 Posted June 5 38 minutes ago, brobro777 said: Bought some Nasdaq futures May 6 gap still needs to be filled on various indices.
Spekulatius Posted June 5 Posted June 5 (edited) Payments : Adyen and rebought some TOST as well . Also a starter in INTU. Adds to CPNG as well. Edited June 5 by Spekulatius
brobro777 Posted June 5 Posted June 5 30 minutes ago, backtothebeach said: May 6 gap still needs to be filled on various indices. Come on bro I don't know nuffin about gaps and other jibba jabba I just think 2000 NQ points is a good crack and a lot of negative funboys on da internet are congratulating themselves a bit much - Seems like worth it to take the other side of the action Besides even if things ultimately sputter to fill this "gap", odds are there is likely to be hard counters along the way, enough for me to maybe crank out 500 points off these NQ contracts and how can I say no to this type of action? Anyway no more borrow fees paid to IBKR! None!
backtothebeach Posted June 5 Posted June 5 4 minutes ago, brobro777 said: Come on bro I don't know nuffin about gaps and other jibba jabba
brobro777 Posted June 5 Posted June 5 3 minutes ago, backtothebeach said: Well I did buy some long sleeve shirts from the Gap store in Glendale Galleria last year, yes I did haha
gfp Posted June 5 Posted June 5 1 hour ago, backtothebeach said: May 6 gap still needs to be filled on various indices. you just keep your eye on that gap on MRVL. Once that bad boy closes
thowed Posted June 8 Posted June 8 Is this another fertility play? From memory your last one got taken out. I found a Japanese one recently, but haven't dug in yet.
Gregmal Posted June 8 Posted June 8 2 minutes ago, thowed said: Is this another fertility play? From memory your last one got taken out. I found a Japanese one recently, but haven't dug in yet. Yea like COO and they had some issues to work thru but with the litigation resolved now they can run the strategic review. Think a partial sale is likely at fair value over $90
gfp Posted June 8 Posted June 8 2 hours ago, Gregmal said: Sold ~20% of MSGS to add more COO and CPNG I understand the desire to take some off the table at peak knicks excitement but it sort of makes me sad with the Lakers valued at $10 billion and this one being split in two. But its been a great run since last summer
Gregmal Posted June 8 Posted June 8 7 minutes ago, gfp said: I understand the desire to take some off the table at peak knicks excitement but it sort of makes me sad with the Lakers valued at $10 billion and this one being split in two. But its been a great run since last summer The arena itself is worth $5B which folks often forget to factor into what the teams are otherwise worth. These "should" always trade at some discount to NAV, just not 50%. The position has basically doubled in a year so my exposure is still way larger than it was. And yea, it's important to remember the bad times when enjoying the good ones. For too long you had those assholes whom declared it wasnt worth a bid because theres no cashflow, Dolans an idiot, and Dolan aint selling. Now, Dolans looking like a genius, partial sales are likely, the Knicks are toast of the town, and even Taylor Swift is getting married at the Garden. Buy when out of favor, sell when in favor. It'll always be a double digit part of the portfolio but even amongst the MSG universe, MSGE is way better value right now IMO.
gfp Posted June 8 Posted June 8 13 minutes ago, Gregmal said: The arena itself is worth $5B which folks often forget to factor into what the teams are otherwise worth. These "should" always trade at some discount to NAV, just not 50%. The position has basically doubled in a year so my exposure is still way larger than it was. And yea, it's important to remember the bad times when enjoying the good ones. For too long you had those assholes whom declared it wasnt worth a bid because theres no cashflow, Dolans an idiot, and Dolan aint selling. Now, Dolans looking like a genius, partial sales are likely, the Knicks are toast of the town, and even Taylor Swift is getting married at the Garden. Buy when out of favor, sell when in favor. It'll always be a double digit part of the portfolio but even amongst the MSG universe, MSGE is way better value right now IMO. Thanks. Just on the Lakers comp at a $10 billion valuation - that didn't include ownership of Crypto.com arena right? Lakers are just a tennant of Ansutchz (or however that guys name is spelled)?
Gregmal Posted June 8 Posted June 8 3 minutes ago, gfp said: Thanks. Just on the Lakers comp at a $10 billion valuation - that didn't include ownership of Crypto.com arena right? Lakers are just a tennant of Ansutchz (or however that guys name is spelled)? Yea Lakers are a tenant.
villainx Posted June 8 Posted June 8 (edited) 58 minutes ago, Gregmal said: even amongst the MSG universe, MSGE is way better value right now IMO. I'll have to look closer at MSGE. Really regret losing focus on this from early 2000s pre split. I thought I was too late, when I was still way early. Edited June 8 by villainx
thowed Posted June 8 Posted June 8 Wow - I lost track of MSGS - congrats. Think not being in the US/East Coast, I just couldn't quite get my head round it, though it was tempting from reading the pitches here. Definitely one you needed conviction for, to have the patience.
buylowersellhigh Posted June 9 Posted June 9 6 hours ago, Gregmal said: The arena itself is worth $5B which folks often forget to factor into what the teams are otherwise worth. These "should" always trade at some discount to NAV, just not 50%. The position has basically doubled in a year so my exposure is still way larger than it was. And yea, it's important to remember the bad times when enjoying the good ones. For too long you had those assholes whom declared it wasnt worth a bid because theres no cashflow, Dolans an idiot, and Dolan aint selling. Now, Dolans looking like a genius, partial sales are likely, the Knicks are toast of the town, and even Taylor Swift is getting married at the Garden. Buy when out of favor, sell when in favor. It'll always be a double digit part of the portfolio but even amongst the MSG universe, MSGE is way better value right now IMO. Greg, what are thinking of MSGE's fair value these days? Been patiently following your lead...:)
Gregmal Posted June 9 Posted June 9 18 minutes ago, buylowersellhigh said: Greg, what are thinking of MSGE's fair value these days? Been patiently following your lead...:) I think $70 is on the lowest end of maybe a public market fair valuation range. But that’s still being awfully onerous. Realistically given the unique nature of the assets, and pricing power, maybe $90-110. They’re grow cashflow low teens from here, the balance sheet is also in tremendous shape, they’re adding Rockettes shows again, and yeah, sports and concert revenue is gonna grow after the year they just had. MSGS I just think at these levels, is still susceptible to all the bullshit narrative stuff once the hype dies down. It’s hardly overvalued, but from $390 there’s other places I’ll place some wagers as well. But it’s still a low teens position that I will happily borrow against.
sleepydragon Posted June 9 Posted June 9 I am buying a basket of the entire supply chain of AI, making it approaching 30% of my portfolio: sndk, mu, ewy, kalc, asml, amat, lrcx, nvda, amd, avgo, tsm, arm, stx, goog, now
formthirteen Posted June 9 Posted June 9 3 minutes ago, sleepydragon said: I am buying a basket of the entire supply chain of AI, making it approaching 30% of my portfolio: sndk, mu, ewy, kalc, asml, amat, lrcx, nvda, amd, avgo, tsm, arm, stx, goog, now What's the thesis behind your decision and timing? Sold some of these last week. I still own ASML. I'm waiting for the last hurrah and the music to stop.
frommi Posted June 9 Posted June 9 30 minutes ago, sleepydragon said: I am buying a basket of the entire supply chain of AI, making it approaching 30% of my portfolio: sndk, mu, ewy, kalc, asml, amat, lrcx, nvda, amd, avgo, tsm, arm, stx, goog, now FOMO?
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now