RedLion Posted December 7, 2022 Share Posted December 7, 2022 More BX. Link to comment Share on other sites More sharing options...
Mephistopheles Posted December 7, 2022 Share Posted December 7, 2022 3 hours ago, Williams406 said: Yesterday JOE and Pantheon adds. Congrats on Pantheon! I just bought a small position based on Twitter research. I feel one needs to be a geologist to understand the true risk reward lol. What are your thoughts? Link to comment Share on other sites More sharing options...
Williams406 Posted December 7, 2022 Share Posted December 7, 2022 3 hours ago, Mephistopheles said: Congrats on Pantheon! I just bought a small position based on Twitter research. I feel one needs to be a geologist to understand the true risk reward lol. What are your thoughts? Only geologists with access to Pantheon's data room. Without David Hobbs' input based on his team's work, I'm not making this investment, or at least not sizing it the way I did. But even Hobbs went with the 80% success probability for Alkaid 2, which strikes me as something of a guess. An informed guess, sure. The dilemma: if the oil flows commercially, this investment can change one's financial future if sized sufficiently. If it doesn't flow well, you will be facing some quasi permanent capital impairment unless one of the other plays flows. Everyone is going to have a different answer about making the investment and how to size it. I won't lie--today was fun and reminds me of my $2,000 win day-trading Safeskin a few decades ago (one and only day trade--took the wife out to Chili's to celebrate). Just a few more zeroes now and I'm not in this one for 20% gains. May we both do well. Link to comment Share on other sites More sharing options...
KJP Posted December 8, 2022 Share Posted December 8, 2022 MSG Entertainment Link to comment Share on other sites More sharing options...
Gregmal Posted December 8, 2022 Share Posted December 8, 2022 Shorted puts on HHC and MSGE Link to comment Share on other sites More sharing options...
Spekulatius Posted December 9, 2022 Share Posted December 9, 2022 Bought a small Spec position in $PUBM this AM. Looks bombed out but is profitable (Sell side ad market place). It looks like something that could get bought out. Bull case here: Link to comment Share on other sites More sharing options...
Castanza Posted December 9, 2022 Share Posted December 9, 2022 ALCO Link to comment Share on other sites More sharing options...
Gregmal Posted December 9, 2022 Share Posted December 9, 2022 OTM March puts on TSLA Link to comment Share on other sites More sharing options...
tnathan Posted December 9, 2022 Share Posted December 9, 2022 March '23 VIRT $26 calls...I think this has a decent chance of another huge run up at some point next year if we see any kind of volatility. Link to comment Share on other sites More sharing options...
RedLion Posted December 10, 2022 Share Posted December 10, 2022 Even more BX since my $85 puts were assigned. Link to comment Share on other sites More sharing options...
no_free_lunch Posted December 10, 2022 Share Posted December 10, 2022 Bought a little MMM (1% position). This is a stalwart, some moat, long history of slowly chugging forward. Not something you will get rich on but also priced to underperform. It's down over 50% from all time high and now trades around 12-13x earnings with a 4.7% dividend. Anyone else looking at this one? Link to comment Share on other sites More sharing options...
LC Posted December 10, 2022 Share Posted December 10, 2022 52 minutes ago, no_free_lunch said: Bought a little MMM (1% position). This is a stalwart, some moat, long history of slowly chugging forward. Not something you will get rich on but also priced to underperform. It's down over 50% from all time high and now trades around 12-13x earnings with a 4.7% dividend. Anyone else looking at this one? I owned in the past- thanks for bringing it up, I’ll take another look. Generally I was successful buying as it approaches 10x earnings and selling as it approaches 20x. I also thought it would be a decent takeover target for Berkshire. Link to comment Share on other sites More sharing options...
Dinar Posted December 10, 2022 Share Posted December 10, 2022 Has it been able to grow ahead of inflation in recent years? When I looked at it last, I was shocked by lack of growth. Link to comment Share on other sites More sharing options...
no_free_lunch Posted December 10, 2022 Share Posted December 10, 2022 (edited) There is very little top line growth. They have been able to grow earnings per share by roughly double if you go back to 2007 era while paying a dividend but some of the growth is from improved margins. However, earnings should come and go. It's kind of a statistical bet. Onshoring should be a benefit to them as they seem to be have a lot of domestic US operations. Debt is quite low at around 2x earnings so they could probably do some share buybacks. The company is also supposed to spinoff it's health care unit, it's good to see management being proactive. The risk here is that there is a big lawsuit around faulty earplugs. You are speculating that they are able to settle the suit at a reasonable amount. This is not something I will claim to be an expert on, i appreciate the pushback. Edited December 11, 2022 by no_free_lunch Link to comment Share on other sites More sharing options...
maxthetrade Posted December 10, 2022 Share Posted December 10, 2022 7 hours ago, no_free_lunch said: Bought a little MMM (1% position). This is a stalwart, some moat, long history of slowly chugging forward. Not something you will get rich on but also priced to underperform. It's down over 50% from all time high and now trades around 12-13x earnings with a 4.7% dividend. Anyone else looking at this one? I've been writing puts on this name, seems reasonably cheap to me. Link to comment Share on other sites More sharing options...
Spekulatius Posted December 11, 2022 Share Posted December 11, 2022 Re MMM, the combat earplug and PFAS lawsuits will be expensive and take a long time. I think they are depressing MMM stock. Link to comment Share on other sites More sharing options...
Dave86ch Posted December 12, 2022 Share Posted December 12, 2022 Added to 9988hk Alibaba Link to comment Share on other sites More sharing options...
Luca Posted December 12, 2022 Share Posted December 12, 2022 I bought into Samsung, 3% starter position. Big strong, cheap business with lots of tailwinds Link to comment Share on other sites More sharing options...
jfan Posted December 12, 2022 Share Posted December 12, 2022 Ntdoy Link to comment Share on other sites More sharing options...
Spekulatius Posted December 12, 2022 Share Posted December 12, 2022 Adding a bit more PBR A this AM. Anybody knows why it's down pre-market? I assume more political rumblings in Brazil. Link to comment Share on other sites More sharing options...
jefke Posted December 12, 2022 Share Posted December 12, 2022 Link to comment Share on other sites More sharing options...
RedLion Posted December 12, 2022 Share Posted December 12, 2022 BN. Sold all of my BAM and added 1.3X the number of shares to BN. After the wash sales run I will look to adding BAM back inside a retirement account particularly if I can get it at a better valuation. Link to comment Share on other sites More sharing options...
Dave86ch Posted December 13, 2022 Share Posted December 13, 2022 Added to 9988 $BABA Link to comment Share on other sites More sharing options...
maplevalue Posted December 13, 2022 Share Posted December 13, 2022 SMT - Scottish Mortgage Trust Link to comment Share on other sites More sharing options...
sleepydragon Posted December 15, 2022 Share Posted December 15, 2022 On 12/13/2022 at 6:33 AM, Dave86ch said: Added to 9988 $BABA Good timings https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-secures-complete-access-to-inspect-investigate-chinese-firms-for-first-time-in-history Link to comment Share on other sites More sharing options...
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