Tompety03 Posted March 20, 2020 Share Posted March 20, 2020 Thanks whistler - very helpful feedback. I was taking the $200mm from the conference call, which is obviously biased. Chris Link to comment Share on other sites More sharing options...
BG2008 Posted March 20, 2020 Share Posted March 20, 2020 Just be careful with the potential risk of ADW's forced unwinding here. Par, EVI and Facebook are his 3 sole positions. He can get out of FB easily, but unwinding Par and EVI will likely be painful. Par down 60% EVI down 40% FB down 25% https://whalewisdom.com/filer/adw-capital-management-llc#tabholdings_tab_link Link to comment Share on other sites More sharing options...
whistlerbumps Posted March 20, 2020 Share Posted March 20, 2020 Both my estimates may be conservative. I could see them getting a bit more for government if everything works out. And its highly likely to be sold. If they can prove hardware can be profitable and growing, then its also probably worth more than 0.5x sales. But it also may be academic because I don't think they sell it if they fix it given the synergies. I think ADW fears are a factor as to why this is down 60% Link to comment Share on other sites More sharing options...
ArminvanBuyout Posted March 29, 2020 Share Posted March 29, 2020 What're people's thoughts on PAR replacing their auditor? From BDO to Deloitte. Link to comment Share on other sites More sharing options...
capitalg Posted March 29, 2020 Share Posted March 29, 2020 BDO to Deloitte is an upgrade, I consider that positive. Link to comment Share on other sites More sharing options...
Tompety03 Posted April 5, 2020 Share Posted April 5, 2020 Gavin had some interesting points in this podcast that are relevant to Par. http://investorfieldguide.com/baker2/ QSR restaurants (particularly with drive-thrus) will be the quickest to get traffic back and may also benefit from mom and pop's going out of business. He mentioned that he has been looking at software/technology that services sub-sectors similar to QSR. What other companies are similar to PAR that (1) service sectors that have been hit hard, but could recover quickly, (2) have revenue models that are not impacted at the same rate as the underlying sector that they serve? Chris Link to comment Share on other sites More sharing options...
Guest roark33 Posted April 7, 2020 Share Posted April 7, 2020 https://pos.toasttab.com/covid-19-impact-ceo-letter Link to comment Share on other sites More sharing options...
wisowis Posted October 30, 2020 Share Posted October 30, 2020 Interview with Savneet (transcript): https://andvariassociates.com/wp-content/uploads/2020/10/Andvari-Associates-Power-of-Culture-with-Savneet-Singh-transcript.pdf Link to comment Share on other sites More sharing options...
EricSchleien Posted March 15, 2021 Share Posted March 15, 2021 CEO is doing a room on Clubhouse right now Link to comment Share on other sites More sharing options...
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