no_free_lunch Posted February 18, 2021 Share Posted February 18, 2021 T (as in AT&T) 7% dividend, stock buybacks, debt paydown, trading for somewhere around 8-9x fcf. Yes the business is stagnant but they own HBO max and that is actually growing fast. To tie to current trends, it is an inflation resistant investment. Link to comment Share on other sites More sharing options...
LC Posted February 18, 2021 Share Posted February 18, 2021 T (as in AT&T) 7% dividend, stock buybacks, debt paydown, trading for somewhere around 8-9x fcf. Yes the business is stagnant but they own HBO max and that is actually growing fast. To tie to current trends, it is an inflation resistant investment. Preach. Link to comment Share on other sites More sharing options...
wabuffo Posted February 18, 2021 Share Posted February 18, 2021 CSU.TO 8) wabuffo Link to comment Share on other sites More sharing options...
valueinvestor Posted February 18, 2021 Share Posted February 18, 2021 SE, SNC Link to comment Share on other sites More sharing options...
formthirteen Posted February 18, 2021 Share Posted February 18, 2021 SE, SNC Is the music still playing? I almost sold SE this week, but then I checked my notes and the revenue growth and had to postpone the decision... Link to comment Share on other sites More sharing options...
Viking Posted February 18, 2021 Share Posted February 18, 2021 Stelco - STLC.TO Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 18, 2021 Share Posted February 18, 2021 BRK.B I like the stock. Link to comment Share on other sites More sharing options...
sarganaga Posted February 18, 2021 Share Posted February 18, 2021 Lumen (LUMN) Link to comment Share on other sites More sharing options...
shamelesscloner Posted February 18, 2021 Share Posted February 18, 2021 Lumen (LUMN) Can you share any compelling writeups that you've come across? Link to comment Share on other sites More sharing options...
JRM Posted February 18, 2021 Share Posted February 18, 2021 Lumen (LUMN) Can you share any compelling writeups that you've come across? Michael Burry likes the stock. Link to comment Share on other sites More sharing options...
valueinvestor Posted February 18, 2021 Share Posted February 18, 2021 SE, SNC Is the music still playing? I almost sold SE this week, but then I checked my notes and the revenue growth and had to postpone the decision... I did napkin math a while ago with 60%+ downside. However they are pushing into Brazil, which gave me an idea to SOP valuation. What’s the value of Shopee Singapore, Shopee Malaysia and so forth. Paints a different picture. With that being said. I’m ready for a 60% drawdown. Rather hoping for it. Only reason why l bought is unsophisticated - I don’t have any ideas. As soon as one comes up, I’ll exit fully and plow in there. Link to comment Share on other sites More sharing options...
ValueArb Posted February 18, 2021 Share Posted February 18, 2021 Plug Power (PLUG). It's even cheaper since I got in a few days ago, has dropped like 15% so now it's only 87x EV/sales, and 38x book value, and the laws of physics still seem to be against the idea that hydrogen fuel cells will ever be competitive with batteries for most applications. Oh, and what I bought was 2021 $10 Puts. Link to comment Share on other sites More sharing options...
woltac Posted February 18, 2021 Share Posted February 18, 2021 Increased my FRFHF starter position. Link to comment Share on other sites More sharing options...
Spekulatius Posted February 18, 2021 Share Posted February 18, 2021 Adding to VNT and bought some starter shares in VRTX Link to comment Share on other sites More sharing options...
shamelesscloner Posted February 19, 2021 Share Posted February 19, 2021 Plug Power (PLUG). It's even cheaper since I got in a few days ago, has dropped like 15% so now it's only 87x EV/sales, and 38x book value, and the laws of physics still seem to be against the idea that hydrogen fuel cells will ever be competitive with batteries for most applications. Oh, and what I bought was 2021 $10 Puts. I thought you might like that one ;) Link to comment Share on other sites More sharing options...
valueinvestor Posted February 19, 2021 Share Posted February 19, 2021 Plug Power (PLUG). It's even cheaper since I got in a few days ago, has dropped like 15% so now it's only 87x EV/sales, and 38x book value, and the laws of physics still seem to be against the idea that hydrogen fuel cells will ever be competitive with batteries for most applications. Oh, and what I bought was 2021 $10 Puts. HAHAHAHAHAHAHAHA ;D ;D ;D Link to comment Share on other sites More sharing options...
sarganaga Posted February 19, 2021 Share Posted February 19, 2021 Lumen (LUMN) Can you share any compelling writeups that you've come across? Michael Burry likes the stock. This article from Seeking Alpha and the discussion which follows lays out most of the bullish and bearish arguments https://seekingalpha.com/article/4405414-lumen-reports-solid-fourth-quarter Bears see declining revenue, lots of stock compensation for management, some still butt hurt over dividend cut awhile back after management indicated it was safe. On the positive side for me Lumen generates quite a bit of cash flow that it's using to pay down debt substantially. That's what they said they were going to do when they cut the dividend. A well covered dividend north of 8%. Michael Burry's involvement helps me convince myself that I'm not just being a misguided yield whore. Value investor, Mason Hawkins, has it as his largest position across his Longleaf funds. He's underwater having owned it since 2017. He met with Lumen management in December and added to his position. FWIW his performance has been grim as it has for many real value managers. There's a wide discrepancy between what believers and unbelievers see as true value for this one. I'm choosing to see the glass half full. A bit less than 4% position for me. Link to comment Share on other sites More sharing options...
SleepyCapital Posted February 19, 2021 Share Posted February 19, 2021 Bought a little more BABA and Fairfax India today. Link to comment Share on other sites More sharing options...
ValueArb Posted February 19, 2021 Share Posted February 19, 2021 Plug Power (PLUG). It's even cheaper since I got in a few days ago, has dropped like 15% so now it's only 87x EV/sales, and 38x book value, and the laws of physics still seem to be against the idea that hydrogen fuel cells will ever be competitive with batteries for most applications. Oh, and what I bought was 2021 $10 Puts. I thought you might like that one ;) I forgot who recommended it, was it you? If so thanks for the suggestion, I really liked this one. Link to comment Share on other sites More sharing options...
shhughes1116 Posted February 19, 2021 Share Posted February 19, 2021 Hoovering up some UNTC. Not generally an O&G guy (aside from midstream), but this one is pretty cheap and the publication of post-restructuring financials should make that more obvious. Link to comment Share on other sites More sharing options...
K2SO Posted February 19, 2021 Share Posted February 19, 2021 LMT Link to comment Share on other sites More sharing options...
rkbabang Posted February 19, 2021 Share Posted February 19, 2021 FSLY. I've got a permanent position, but I've also been trading on Fastly's volatility the past 6 months or so. Buying in the 80s selling >$100. Link to comment Share on other sites More sharing options...
Ice77 Posted February 19, 2021 Share Posted February 19, 2021 DMYD/Genius sports Link to comment Share on other sites More sharing options...
benchmark Posted February 19, 2021 Share Posted February 19, 2021 CSU.TO 8) wabuffo at these level? curious about your thesis. Link to comment Share on other sites More sharing options...
wabuffo Posted February 19, 2021 Share Posted February 19, 2021 at these level? curious about your thesis. I've been watching the Company for 5-6 years but never invested in it. But the new capital allocation strategy is a very big game-changer if you run the numbers on it. I think the decision to fully reinvest all of their free cash flow completely changes the valuation math if one believes they can do it. And these guys have the track record to do it successfully. We'll see - it might not work as well in practice as on paper. Bill Link to comment Share on other sites More sharing options...
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