RedLion Posted September 12, 2023 Share Posted September 12, 2023 34 minutes ago, Dinar said: SUI - Sun Communities at $121.33 I wrote a bunch of puts on this name around this price around this time last year. I really like the assets here, and think it’s attractive around $120. Link to comment Share on other sites More sharing options...
Dinar Posted September 12, 2023 Share Posted September 12, 2023 3 minutes ago, RedLion said: I wrote a bunch of puts on this name around this price around this time last year. I really like the assets here, and think it’s attractive around $120. I looked into doing same right now, but there is no vol in the options. Link to comment Share on other sites More sharing options...
fareastwarriors Posted September 12, 2023 Share Posted September 12, 2023 CLPR at 5.75 Link to comment Share on other sites More sharing options...
cknucks Posted September 13, 2023 Share Posted September 13, 2023 FRFHF. Lots of research and Viking's book sealed the deal for me. Link to comment Share on other sites More sharing options...
CorpRaider Posted September 13, 2023 Share Posted September 13, 2023 6 hours ago, cknucks said: FRFHF. Lots of research and Viking's book sealed the deal for me. @cknucks Sorry, could you elaborate: what book? Link to comment Share on other sites More sharing options...
gfp Posted September 13, 2023 Share Posted September 13, 2023 2 minutes ago, CorpRaider said: @cknucks Sorry, could you elaborate: what book? Link to comment Share on other sites More sharing options...
sleepydragon Posted September 13, 2023 Share Posted September 13, 2023 Bought KVUE Link to comment Share on other sites More sharing options...
longlake95 Posted September 13, 2023 Share Posted September 13, 2023 22 minutes ago, sleepydragon said: Bought KVUE me too. and some Canadian prefs. Link to comment Share on other sites More sharing options...
Dinar Posted September 13, 2023 Share Posted September 13, 2023 43 minutes ago, sleepydragon said: Bought KVUE Why? This is a no growth business, right? 16-17x p/e on 2024 is not expensive, but what's the upside? 20x? Link to comment Share on other sites More sharing options...
Saluki Posted September 13, 2023 Share Posted September 13, 2023 Sold a little ATEX and added to NTDOY on the dip. I still think ATEX is undervalued, but when I bought it I decided to give it 3 years for the thesis to play out. So I'm selling the stuff I bought 3 years ago for the tax loss harvesting and hanging onto the rest that I bought later at lower cost. I may buy it back later if they get more business, but utilities (their customers) move very slowly. Link to comment Share on other sites More sharing options...
sleepydragon Posted September 13, 2023 Share Posted September 13, 2023 10 minutes ago, Dinar said: Why? This is a no growth business, right? 16-17x p/e on 2024 is not expensive, but what's the upside? 20x? I was re-reading Peter Lynch’s book last night. He said many of his good picks are slow growers trading at reasonable valuations. The slow growers compound over the years. 1. KVUE is a spin-off, 2. and is having some temporary negative news which I think made it oversold. Its earning won’t really be impacted much if at all. 3. Also usually for stocks that are added to SP500, it will have a permanent boost to its valuation— soon a lot of funds will start include it. 4. Nice brands of stables etc.. good business in general Link to comment Share on other sites More sharing options...
sleepydragon Posted September 13, 2023 Share Posted September 13, 2023 Bought some RTX Link to comment Share on other sites More sharing options...
dealraker Posted September 13, 2023 Share Posted September 13, 2023 Bought RTX yesterday. I had bought a pretty good amount of Siemens during that Covid drawdown, selling some long held KHC and K to do it. Today I bought an equal addtion to SIEGY. Biased as SIEGY is buiding a massive passenger rail plant next door to our industrial site here in Lexington, NC. Link to comment Share on other sites More sharing options...
John Hjorth Posted September 13, 2023 Share Posted September 13, 2023 I'm pretty sure you'll do well with this company [Siemens] going forward. It's just that here on CoBF, it's 'an other turf', with no traction long term here on CoBF. Link to comment Share on other sites More sharing options...
drzola Posted September 13, 2023 Share Posted September 13, 2023 Longlake; Would you mind sharing which CDN preferred's you purchased and why? Sincerely; Steve Link to comment Share on other sites More sharing options...
longlake95 Posted September 13, 2023 Share Posted September 13, 2023 (edited) 3 hours ago, drzola said: Longlake; Would you mind sharing which CDN preferred's you purchased and why? Sincerely; Steve FFH.pr.D ALA.pr.H SLF.pr.J These are all floating rate resets. There are others series you can buy, with "better" features. example..SLF.pr.J is a non-cumulative....so it trades at even more of a discount because people deem the non-cumulative as a negative. The Canadian pref complex, is pretty washed out. Many retail investors have been killed over the past 5 years here....they threw in the towel. ZPR has been a disaster. This is a pretty inefficient market dominated by retail investors. It's a parking place for cash.... even if rates go down " a bit" I think we do okay here as a parking place for cash. Edited September 13, 2023 by longlake95 Link to comment Share on other sites More sharing options...
CorpRaider Posted September 13, 2023 Share Posted September 13, 2023 4 hours ago, gfp said: Thx GFP! Link to comment Share on other sites More sharing options...
no_free_lunch Posted September 13, 2023 Share Posted September 13, 2023 PLC.to a funeral home business. They are down near 50% from all time highs, and are basically a broken GARP acquirer story. I view the earnings as a bit cyclical and suspect they can bounce back. If you look at their historic results, it's just lumpy from time to time and that is where we are now. Link to comment Share on other sites More sharing options...
drzola Posted September 13, 2023 Share Posted September 13, 2023 Longlake; Would you mind sharing which CDN preferred's you purchased and why? Sincerely; Steve Link to comment Share on other sites More sharing options...
drzola Posted September 13, 2023 Share Posted September 13, 2023 Longlake; Thank you for your response and insights on your reason for purchasing these CDN Preferred shares. Link to comment Share on other sites More sharing options...
gokou3 Posted September 14, 2023 Share Posted September 14, 2023 On 9/13/2023 at 9:39 AM, longlake95 said: FFH.pr.D ALA.pr.H SLF.pr.J These are all floating rate resets. There are others series you can buy, with "better" features. example..SLF.pr.J is a non-cumulative....so it trades at even more of a discount because people deem the non-cumulative as a negative. The Canadian pref complex, is pretty washed out. Many retail investors have been killed over the past 5 years here....they threw in the towel. ZPR has been a disaster. This is a pretty inefficient market dominated by retail investors. It's a parking place for cash.... even if rates go down " a bit" I think we do okay here as a parking place for cash. I am looking at the cdn prefs as well. Thought the perpetual fixed may be a good bet if rates have (or will soon have) peaked. What do you think? Thanks, Link to comment Share on other sites More sharing options...
longlake95 Posted September 14, 2023 Share Posted September 14, 2023 15 minutes ago, gokou3 said: I am looking at the cdn prefs as well. Thought the perpetual fixed may be a good bet if rates have (or will soon have) peaked. What do you think? Thanks, yes the perpetuals will move more on rate changes. So you're playing the interest rate guessing game. I'm parking cash in the floaters - which won't react (the price) as much to rate changes. All I know is this whole asset class has done poorly for the past while - and there's value there. Again, this isn't a big idea, just a placeholder till the fat pitch comes along. There might even some issuer's surprise us by redeeming various series. Link to comment Share on other sites More sharing options...
nwoodman Posted September 15, 2023 Share Posted September 15, 2023 Astellas Pharma 4503.T Link to comment Share on other sites More sharing options...
Paarslaars Posted September 15, 2023 Share Posted September 15, 2023 Added some OXY & PCYO. Started position in Petrobras. Link to comment Share on other sites More sharing options...
Spekulatius Posted September 15, 2023 Share Posted September 15, 2023 11 hours ago, nwoodman said: Astellas Pharma 4503.T @nwoodman What is your rationale for this buy? Link to comment Share on other sites More sharing options...
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