KPO Posted September 22, 2023 Share Posted September 22, 2023 More TRC at the close Link to comment Share on other sites More sharing options...
Paarslaars Posted September 22, 2023 Share Posted September 22, 2023 Little bit more PCYO Link to comment Share on other sites More sharing options...
thepupil Posted September 22, 2023 Share Posted September 22, 2023 I bought the ROIC 6.75% of 2028 at $98.78 / 7% yield. These are a little low in duration for my taste with a duration of 4 ish. Just a low risk 7% return. nothing more, nothing less. zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz Link to comment Share on other sites More sharing options...
RedLion Posted September 22, 2023 Share Posted September 22, 2023 Just closed on a Maui condo today. I have one more real estate deal in the works and just closed my last one late July, so I’m sorry to all those with real estate, it’s probably the top as I’m piling in. Link to comment Share on other sites More sharing options...
Castanza Posted September 22, 2023 Share Posted September 22, 2023 7 hours ago, Paarslaars said: Little bit more PCYO Same Link to comment Share on other sites More sharing options...
fareastwarriors Posted September 22, 2023 Share Posted September 22, 2023 2 hours ago, RedLion said: Just closed on a Maui condo today. I have one more real estate deal in the works and just closed my last one late July, so I’m sorry to all those with real estate, it’s probably the top as I’m piling in. Congrats! Link to comment Share on other sites More sharing options...
thepupil Posted September 22, 2023 Share Posted September 22, 2023 2 hours ago, RedLion said: Just closed on a Maui condo today. I have one more real estate deal in the works and just closed my last one late July, so I’m sorry to all those with real estate, it’s probably the top as I’m piling in. Well that’s a hell of a lot cooler than a bond!!! Congrats! Link to comment Share on other sites More sharing options...
RedLion Posted September 23, 2023 Share Posted September 23, 2023 (edited) @thepupil @fareastwarriors Thank you very much! I like to think of it as a TIPS with benefits. Edited September 23, 2023 by RedLion Link to comment Share on other sites More sharing options...
KPO Posted September 23, 2023 Share Posted September 23, 2023 TRC Link to comment Share on other sites More sharing options...
Luca Posted September 25, 2023 Share Posted September 25, 2023 Added to Evolution AB Link to comment Share on other sites More sharing options...
Dinar Posted September 25, 2023 Share Posted September 25, 2023 27 minutes ago, Luca said: Added to Evolution AB Why? What do you think of Entain news today? (Somewhat different business, but still) Thank you. Link to comment Share on other sites More sharing options...
Luca Posted September 25, 2023 Share Posted September 25, 2023 (edited) 15 minutes ago, Dinar said: Why? What do you think of Entain news today? (Somewhat different business, but still) Thank you. I have owned it for a couple of months with a starter position, down 30% from where I bought. Building up the position, think it's a great business with decent management. Regarding regulations, I think unregulated will either stay unregulated for some time or morph into regulated markets. Business is still growing revenues 30% QoQ with increasing margins and trades at 20x earnings. Onlinecasino market continues to grow, digitalization/VR tailwinds etc. Regarding entain: “It appears a lot of the weakness is driven by sporting results, which should normalise over time.” Jette Nygaard-Andersen, Entain’s chief executive, stressed that the gambling operator “[continued] to see good underlying growth in our online business” as well as strong full-year earnings “despite softer than expected revenue growth in Q3 and the ongoing roll-out of industry-leading safer gambling measures”. https://www.ft.com/content/a0b32ffe-b602-4f84-b787-cecadb204bab Industry is hated, otherwise it wouldn't trade at 20x earnings at that growth. Edited September 25, 2023 by Luca Link to comment Share on other sites More sharing options...
Luca Posted September 25, 2023 Share Posted September 25, 2023 (edited) Analyst estimates are at 1.7b earnings in 2025. With a 20x multiple thats more than 50% gain from here and one can still stay for the compounding over time. Edited September 25, 2023 by Luca Link to comment Share on other sites More sharing options...
Luca Posted September 25, 2023 Share Posted September 25, 2023 40 minutes ago, Luca said: I have owned it for a couple of months with a starter position, down 30% from where I bought. Building up the position, think it's a great business with decent management. Regarding regulations, I think unregulated will either stay unregulated for some time or morph into regulated markets. Business is still growing revenues 30% QoQ with increasing margins and trades at 20x earnings. Onlinecasino market continues to grow, digitalization/VR tailwinds etc. Regarding entain: “It appears a lot of the weakness is driven by sporting results, which should normalise over time.” Jette Nygaard-Andersen, Entain’s chief executive, stressed that the gambling operator “[continued] to see good underlying growth in our online business” as well as strong full-year earnings “despite softer than expected revenue growth in Q3 and the ongoing roll-out of industry-leading safer gambling measures”. https://www.ft.com/content/a0b32ffe-b602-4f84-b787-cecadb204bab Industry is hated, otherwise it wouldn't trade at 20x earnings at that growth. *YoY Link to comment Share on other sites More sharing options...
KPO Posted September 25, 2023 Share Posted September 25, 2023 More TRC Link to comment Share on other sites More sharing options...
jouni1 Posted September 26, 2023 Share Posted September 26, 2023 Bought some LVMH. Not going to miss the dip once again Link to comment Share on other sites More sharing options...
Luca Posted September 26, 2023 Share Posted September 26, 2023 13 minutes ago, jouni1 said: Bought some LVMH. Not going to miss the dip once again Haha yeah, saw that one going down. I'm still only nibbling. Link to comment Share on other sites More sharing options...
Lance Posted September 26, 2023 Share Posted September 26, 2023 New position in ARE. Added to LAMR. Thanks Lance Link to comment Share on other sites More sharing options...
Spekulatius Posted September 26, 2023 Share Posted September 26, 2023 (edited) $CASH (rebought), a bit more BTI and a starter in $CNHI Also have been adding to PRNDY / RI.PA recently. Edited September 26, 2023 by Spekulatius Link to comment Share on other sites More sharing options...
Luca Posted September 26, 2023 Share Posted September 26, 2023 43 minutes ago, Spekulatius said: and a starter in $CNHI Really like to own this via Exor but have no deep opinion on that particular industry. Not a bad business and produces cash for exor. Link to comment Share on other sites More sharing options...
Eng12345 Posted September 27, 2023 Share Posted September 27, 2023 (edited) CPNG - starting to get cheap again. Edited September 27, 2023 by Eng12345 Link to comment Share on other sites More sharing options...
Saluki Posted September 27, 2023 Share Posted September 27, 2023 11 hours ago, Eng12345 said: CPNG - starting to get cheap again. I've been adding slowly slowly to NTDOY. I also bought a small amount of CPNG and BTI yesterday. CPNG is trading at prices below what they were before their last quarterly earnings came out (which were awesome), so it's like getting more free bites at the apple. Link to comment Share on other sites More sharing options...
ValueMaven Posted September 27, 2023 Share Posted September 27, 2023 Bought NEE Link to comment Share on other sites More sharing options...
lnofeisone Posted September 27, 2023 Share Posted September 27, 2023 3 hours ago, ValueMaven said: Bought NEE What's your thinking here, specifically around NEE/NEP vs. BIP? Link to comment Share on other sites More sharing options...
ValueMaven Posted September 27, 2023 Share Posted September 27, 2023 13 minutes ago, lnofeisone said: What's your thinking here, specifically around NEE/NEP vs. BIP? I dont like anything BN related ... sooo ... BIP is really just an Infrastructure PE firm - they flip everything. Plus I dont buy LPs ... and BIPC has too high of a C-Corp spread Link to comment Share on other sites More sharing options...
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