Dinar Posted April 8 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.
valueventures Posted April 9 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!
Spooky Posted April 10 Posted April 10 Little nibble of BRK. Let's hope this market sell off goes a lot lower.
Paarslaars Posted April 10 Posted April 10 14 minutes ago, Gregmal said: Slug of PCYO. Thought u bailed on that one due to poor management?
Gregmal Posted April 10 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.
Saluki Posted April 10 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 .
Luke Posted April 10 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.
Cod Liver Oil Posted April 10 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?
Saluki Posted April 11 Posted April 11 Sold the small position I had in SFL (17 % gain), and added mostly to NTDOY and a little JOE and BTI.
Spekulatius Posted April 12 Posted April 12 Buying some ABEV here for yet another swingtrade most likely.
DooDiligence Posted April 13 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.
cubsfan Posted April 15 Posted April 15 FMC - looks too cheap. Some cyclicality, but demand for crop chemicals ought to remain steady and growing.
thowed Posted April 15 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!
rkbabang Posted April 16 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.
Paarslaars Posted April 16 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.
crs223 Posted April 16 Posted April 16 starting a basket of melting ice cubes: bought BTI. Maybe SIRI is next..???
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