Dinar Posted April 8 Share Posted April 8 1 hour ago, valueventures said: Curious to hear your thesis on CRH. It's been on my watchlist, but I don't think I've seen it discussed in detail on CoBF. Thanks! So I should have bought it a year ago, but I still think it is cheap, and I finally decided to do it given all the insider buying. The quick version is that you have a business selling at half of the valuation of MLM or VMC. It has tremendous tail winds and incredible pricing power. The company is selling for 15x 2025 EPS, which I think the company will easily exceed. VMC is forecasting double digit price increase in the aggregates business and the company will probably be able to do the same. All the construction and repair is great for aggregates and cement, which company also produces. At p/e of 15, nothing is priced in: no above inflation price increases, no volume growth, no accretive acquisitions. Link to comment Share on other sites More sharing options...
valueventures Posted April 9 Share Posted April 9 3 hours ago, Dinar said: So I should have bought it a year ago, but I still think it is cheap, and I finally decided to do it given all the insider buying. The quick version is that you have a business selling at half of the valuation of MLM or VMC. It has tremendous tail winds and incredible pricing power. The company is selling for 15x 2025 EPS, which I think the company will easily exceed. VMC is forecasting double digit price increase in the aggregates business and the company will probably be able to do the same. All the construction and repair is great for aggregates and cement, which company also produces. At p/e of 15, nothing is priced in: no above inflation price increases, no volume growth, no accretive acquisitions. Very helpful, I appreciate it! Link to comment Share on other sites More sharing options...
Saluki Posted April 9 Share Posted April 9 Some small purchases of NTDOY , ENPH and FRPH. Link to comment Share on other sites More sharing options...
KPO Posted April 10 Share Posted April 10 BTI Link to comment Share on other sites More sharing options...
Spooky Posted April 10 Share Posted April 10 Little nibble of BRK. Let's hope this market sell off goes a lot lower. Link to comment Share on other sites More sharing options...
Ross812 Posted April 10 Share Posted April 10 Traded some 2-yr treasuries for 10-yr at 4.51%. Link to comment Share on other sites More sharing options...
CorpRaider Posted April 10 Share Posted April 10 (edited) PARA, LBRDA Edited April 10 by CorpRaider Link to comment Share on other sites More sharing options...
Gregmal Posted April 10 Share Posted April 10 Slug of PCYO. Link to comment Share on other sites More sharing options...
Paarslaars Posted April 10 Share Posted April 10 14 minutes ago, Gregmal said: Slug of PCYO. Thought u bailed on that one due to poor management? Link to comment Share on other sites More sharing options...
Gregmal Posted April 10 Share Posted April 10 7 minutes ago, Paarslaars said: Thought u bailed on that one due to poor management? Nah, just not much going on in between their phase development but things are picking up quickly there. Not thrilled with the capital allocation and might have a chat with Mark soon, but its more sins of omission, not commission. Link to comment Share on other sites More sharing options...
Saluki Posted April 10 Share Posted April 10 Small adds to JOE and NTDOY. I was tempted to sell something for more to deploy but I'd like to imagine that one day ( a very, very, very long time from now) that my descendants are going through my brokerage account after I pass and they find the stock equivalent of an episode of Hoarders. Except that instead of old magazines, it's full of hundred baggers . Link to comment Share on other sites More sharing options...
Luca Posted April 10 Share Posted April 10 28 minutes ago, Saluki said: Small adds to JOE and NTDOY. I was tempted to sell something for more to deploy but I'd like to imagine that one day ( a very, very, very long time from now) that my descendants are going through my brokerage account after I pass and they find the stock equivalent of an episode of Hoarders. Except that instead of old magazines, it's full of hundred baggers . Haha! NTDOY and JOE are certainly good candidates. Link to comment Share on other sites More sharing options...
Cod Liver Oil Posted April 10 Share Posted April 10 Bought a few shares of PARA for amusement only and added to PM because ZYN is going parabolic and IQOS will probably be ok. Can someone tell me if Tucker Carlson is being paid? Link to comment Share on other sites More sharing options...
Dinar Posted April 10 Share Posted April 10 @Cod Liver Oil, he is not. Link to comment Share on other sites More sharing options...
Saluki Posted April 11 Share Posted April 11 Sold the small position I had in SFL (17 % gain), and added mostly to NTDOY and a little JOE and BTI. Link to comment Share on other sites More sharing options...
Spekulatius Posted April 12 Share Posted April 12 Buying some ABEV here for yet another swingtrade most likely. Link to comment Share on other sites More sharing options...
Lance Posted April 12 Share Posted April 12 BTI Thanks Lance Link to comment Share on other sites More sharing options...
DooDiligence Posted April 13 Share Posted April 13 15 hours ago, Spekulatius said: Buying some ABEV here for yet another swingtrade most likely. My man. This thing swings like a pendulum do. Link to comment Share on other sites More sharing options...
Paarslaars Posted April 15 Share Posted April 15 Starter in AMRK, blatently following Kuppy on this one. Link to comment Share on other sites More sharing options...
cubsfan Posted April 15 Share Posted April 15 FMC - looks too cheap. Some cyclicality, but demand for crop chemicals ought to remain steady and growing. Link to comment Share on other sites More sharing options...
thowed Posted April 15 Share Posted April 15 3 hours ago, Paarslaars said: Starter in AMRK, blatently following Kuppy on this one. Interesting. I only had a quick look, but instinctively feel that companies like this don't tend to work. I keep looking, but always end up with bullion ETFs instead. Given the size, I imagine he may get a decent boost from others following. I may well be wrong - good luck! Link to comment Share on other sites More sharing options...
Gregmal Posted April 16 Share Posted April 16 Add to Fairfax Link to comment Share on other sites More sharing options...
rkbabang Posted April 16 Share Posted April 16 Sold CPNG calls that I bought a little over a month ago for a 146% gain and added to a few positions: CPNG common, FRFHF, JOE, MSTR, & EBAY. Link to comment Share on other sites More sharing options...
Paarslaars Posted April 16 Share Posted April 16 40 minutes ago, rkbabang said: Sold CPNG calls that I bought a little over a month ago for a 146% gain and added to a few positions: CPNG common, FRFHF, JOE, MSTR, & EBAY. Also traded my CPNG calls for the common. Link to comment Share on other sites More sharing options...
crs223 Posted April 16 Share Posted April 16 starting a basket of melting ice cubes: bought BTI. Maybe SIRI is next..??? Link to comment Share on other sites More sharing options...
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