bathtime Posted October 3, 2023 Posted October 3, 2023 15 minutes ago, Gregmal said: Closed this out which now makes the higher leverage MGK puts totally on the house and then some. Also funded more Nintendo Congratulations on an excellent hedge and trade.
adesigar Posted October 3, 2023 Posted October 3, 2023 9 minutes ago, dipod said: More MANU and JOE. Also MANU $20 calls Do you think the MANU sale will happen soon and at the rumored 6B asking price?
no_free_lunch Posted October 3, 2023 Posted October 3, 2023 (edited) Bought some $ARE.TO. Small 1% position for now. Bought an extra sliver of $C. Edited October 3, 2023 by no_free_lunch
dipod Posted October 3, 2023 Posted October 3, 2023 15 minutes ago, adesigar said: Do you think the MANU sale will happen soon and at the rumored 6B asking price? I believe a sale will happen at some point in the future. At the current price, it’s selling at a hefty discount to what a less (albeit just by a smidge) well known soccer club sold for (Chelsea at $5.2b) a while back. If the Glazer’s choose to not sell now, they can sell in future years when media contracts become more valuable. At that point, the valuation may become even higher. The margin of safety IMO is pretty good here. MANU has significantly underperformed in recent years since they took over so the pressure will remain from the fans. And MANU fans are pretty intense (not just in the UK but all over the world). Been a MANU fan for probably close to 20 years and it’s one of the most storied franchises in all of sports. I just don’t see how this is not sold for north of $6b when things finally settle out. May require a waiting game but I’m willing to wait things out with the discount that exists now.
thowed Posted October 3, 2023 Posted October 3, 2023 3 hours ago, Gregmal said: Closed this out which now makes the higher leverage MGK puts totally on the house and then some. Also funded more Nintendo This comment was in reply to a question I asked. I'm extremely grateful to you for the explanation - it helped me think about options differently, and consequently has made the last week a lot more comfortable for me than it otherwise would have. Thanks again! And congrats.
Malmqky Posted October 4, 2023 Posted October 4, 2023 sold MO and put proceeds into BTI, the tobacco basket is no longer much of a basket - 60 some percent BTI and 30ish percent PM.
CorpRaider Posted October 4, 2023 Posted October 4, 2023 (edited) KLG, BOC Edited October 5, 2023 by CorpRaider
Whensthepaintdry? Posted October 4, 2023 Posted October 4, 2023 I have also been adding to BOC since it got under 17. I also have been adding to IMKTA.
no_free_lunch Posted October 4, 2023 Posted October 4, 2023 (edited) Viemed (VMD.TO) - medical device company, good little compounder with huge runway, sales hit by COVID, I estimate it is trading around 20x current year earnings and growing 20% per year. Roughly 15x next year analyst ]estimates. Sold off recently with other medical companies. Edited October 4, 2023 by no_free_lunch
gfp Posted October 5, 2023 Posted October 5, 2023 16 minutes ago, Gregmal said: Bought some more HTL on the dip Is there any actual news for the company or this is just one of those things?
longlake95 Posted October 5, 2023 Posted October 5, 2023 1 minute ago, gfp said: Is there any actual news for the company or this is just one of those things? Nope. Just a thin trader
gfp Posted October 5, 2023 Posted October 5, 2023 1 minute ago, longlake95 said: Nope. Just a thin trader But the up-listing fixed everything!?
longlake95 Posted October 5, 2023 Posted October 5, 2023 1 minute ago, gfp said: But the up-listing fixed everything!? Ha. I guess not. Someday it gets some attention and more liquidity. It’s fertile ground.
Gregmal Posted October 5, 2023 Posted October 5, 2023 Didn’t see anything. Dropped Wolf a quick message but I’m out shopping for a solid slab of spare ribs to smoke this afternoon so pretty much just going off the tape in front of me. $1.07-1.12 got a handful.
Ross812 Posted October 5, 2023 Posted October 5, 2023 I had a 21% cash position and just dropped about 4% in this morning between LHX, BTI, TOITF, and ASHTY.
Gregmal Posted October 5, 2023 Posted October 5, 2023 42 minutes ago, Gregmal said: Didn’t see anything. Dropped Wolf a quick message but I’m out shopping for a solid slab of spare ribs to smoke this afternoon so pretty much just going off the tape in front of me. $1.07-1.12 got a handful. No news the company is aware of, per the Chief Executive.
CorpRaider Posted October 5, 2023 Posted October 5, 2023 (edited) MGM, KHC, K Edited October 5, 2023 by CorpRaider
LC Posted October 6, 2023 Posted October 6, 2023 8 hours ago, CorpRaider said: MGM, KHC, K MGM reported a data breach: https://www.mgmresorts.com/en/letter-from-ceo.html
CorpRaider Posted October 6, 2023 Posted October 6, 2023 8 hours ago, LC said: MGM reported a data breach: https://www.mgmresorts.com/en/letter-from-ceo.html Thank you. Yeah they are having a bumpy time to say the least. I read they were relegated to using paper to process everything on premises a week or two ago.
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