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What are you buying today?


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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!

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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 by Luca
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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

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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. 

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