valueinvestor

If it's true and I believe it is, hell 10 years ago I would never bother with real estate but now I'm scouting commercial/multifamily deals in Detroit, especially considering the Canadian Dollar bound to revert to a mean, and US bouncing back, I can profit from the currency and upcoming super cycle. But I digress, if it is true, real estate haven't fully priced the trend. On the other hand, I don't think equities are suddenly going to crash because of this - I think it's a natural reaction with bonds and treasuries where they and globalization.

Bought more today via options. Any chance anyone knows when the short squeeze will happen? I thought it would’ve been with earnings. I think it will worth a lot more, once it redeems its blue chip status. Here’s hoping!

I haven't invested but it seems cheap on a cursory view. It's hard to do due diligence, as I have no access to the product/service and have a hard time understanding their moat, market position, unit economics, etc. However they must be doing something right. Trading 20-30x earnings, debt free, and growing at a 50%+ pa clip, where most of the revenue gained goes straight to the bottom-line. High contribution margin. They provide learning suites for enterprises to train their teams. Anyone have any idea? It's a recent IPO, had run up but I think there's more steam.

Planning on reinvesting after significant reduction due to the LendCare acquisition. It seems that subprime lenders are quite unpopular. 45% earnings growth and yet 10-14x earnings with options in Affirm Holdings and Brim Financial. Competitive advantage, they use online data marketing to acquire customers on the cheap. However does really get many running? It's a bit boring... however if I may say it's the Geico of Subprime, where they go past the broker model and acquire by being best known and most accessible and therefore has a lower cost structure. Flywheel. It may get your hearts racing right? ? Edit: Not to mention the multiple expansion that may occur when the street realizes that it's not by pure luck they can underwrite 20%+ interest loans and grow at a rapid pace. Anyone care to discredit the notion before I pile in?

I should’ve been more clear. My mistake. I know what’s PFIC but I don’t think it’s dictating the price action today. Most of the major holders are Canadian and for reasons that you stated, there’s only a few, if any US investor.

Not sure what you mean?

Appointed a new Co-CEO and acquisition. Might be the smoking gun to sell - issued 2.9M shares to acquire the Jisen Information Tech. Company is tremendously undervalued, and management diluted themselves. Again they may have a strategic rationale, but company is trading less than 3x earnings. That may be justified, if not for their entire market cap being covered by their cash.

Deveron had 68% Organic Revenue Growth and 178% Overall Revenue Growth. Deveron stock up 2%. Golden Lake Exporation up 4%. Greencastle Resources down 13%. It's funny how the market works.

I recant my statement of implying it's not broken, but not accurately saying this board gets better and you're right, the freeloaders can complain about not having a free lunch, when lunch is right in front of them, well we can't do anything about that!

Same - but I don't think deflation/inflation has a real correlation to commodity prices/assets, especially with globalization. I think the best way to play it is by going to asset plays that work in both scenarios or diversify with a sensible asset allocation. Keep in mind I haven't done a lot of research, as I don't believe inflation will kill quality businesses. Multiple compression could occur, growth rate slows, etc. However Stelco is trading 1.5x 2022 earnings, RFP 3x 2022 earnings, ORC.B, IPCO seem to be trading at single digits now.

"How the Desmarais empire mastered the delicate art of self-disruption" https://financialpost.com/investing/how-the-desmarais-empire-mastered-the-delicate-art-of-self-disruption Now this is something new, do you think more companies are going to self-disrupt? I never really thought of that as a business plan, it seems a fanciful way of saying self-destruction or in my world - cannibalism. This stock is a bit weird, on down days, but the options are still increasing in value. Not that it was down a lot, it increased 7% from the day of the post. This is a 5% dividend payer, probably would be up more if there was no dividend. Lion Electric added 23 cents to NAV within a few days on $45 NAV. WealthSimple will probably be more valuable in six months. Yet if all the businesses go to zero, then it's only going to prick the busienss. It's funnier when management is saying that they're goal is not to diversify but become a pure-play financial services business, and yet their actions say otherwise. Either way, it seems perfectly positioned to handle deflation or inflation, which is a key trend and the stock is reacting differently with more media attention.

Exactly! I thought so too, but a few people whine and gripe about the quality of the posts. I don't really see a decline, but an increase, especially in terms of how people think and view investments. For example, I learned a bit by reading your posts beyond idea generation. IMO, if one really wants more investable viable ideas, they should pay for it or hire an analyst. At the same time, I also realize that some are dropping off because there's not a lot of new "ideas." I think that's not a benefit, as it's in my experience, they have businesses or are execs of businesses and can provide real insight on the topic at hand. I'm fine either way, but I don't think we lose much by crowdfunding a monthly award and awarding it to the best idea of the month. One it may attract new users, and provide new ideas, which will bring about new discussion. Sometimes I feel this forum is a bit insular, and I can effectively predict how particular users will respond to a specific posts. It's kind of comedic and fun in its own way haha. Anyways, it seems that many are not passionate about this (neither am I) - I guess why fix something that's not broken right?

It's already happening I think with RFP, STELCO, etc. Some commodity names are trading less than 5x Earnings, so it's not that huge of a downside to take a position now rather than later.

Some say they would want to buy a beer or treat people to a meal on this forum. This allows that.

Sure