Author Topic: What are you buying today?  (Read 1247770 times)

sarganaga

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Re: What are you buying today?
« Reply #3380 on: November 05, 2018, 03:47:45 PM »
Half position in Birchcliff Energy (BIREF), Canadian natural gas/oil producer. I've traded in & out of this a few times.


Spekulatius

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Re: What are you buying today?
« Reply #3381 on: November 05, 2018, 05:36:29 PM »
I've bought trackers in the following companies:

Bolloré SA [CoBF Investment Ideas topic] [Company Website] For my part, ODET.PA has to wait for now,
Ackermans & van Haaren NV [No CoBF Investment Ideas topic so far] [Company Website] [Ticker : ACKB.BR][1],

Sofina SA [No CoBF Investment Ideas topic] [ Company Website ] [Ticker : SOF.BR] Yeah, I get my hair combed here - Financials are only available in French language![1],
HAL Trust [No CoBF Investment Ideas topic]  [Company website] [Ticker : HAL.AS][1], &
Pargesa Holding SA [No CoBF Investment Ideas topic]  [Company Website]  [Ticker : PARG.SWX][2].

- - - o 0 o - - -

1 H/T & credit wachtwoord for putting these companies on my radar.
2 H/T & credit tom for putting this company on my radar. Link to tom's post about it - perhaps tom will cringe even more now [ : - D ].

I have owned Pargesa in the past but found that this holding co is quite dull. I think they overpaid a bit for taking control of Imersys at this time. I also felt that the Belgian subholding GBL.BR is a better deal, because it is one level deeper in the holding structure and trades at a similar discount. I am not sure that this is still the case, but worth looking into.
To be a realist, one has to believe in miracles.

John Hjorth

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Re: What are you buying today?
« Reply #3382 on: November 06, 2018, 02:20:15 AM »
Thank you Spekulatius,

I'll remember that. It's new territory for me, trying to find some interesting stuff down in Europe, outside Scandinavia, by trial and error method with pocket money. It's never too late to get to know something about new & other companies ["under the radar stuff"]. Time will tell where this brings me.
”In the race of excellence … there is no finish line.”
-HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai

Cardboard

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Re: What are you buying today?
« Reply #3383 on: November 06, 2018, 06:45:52 AM »
Added to T-TOG after earnings report. A pearl available at a really good price.

Cardboard

Zorrofan

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Re: What are you buying today?
« Reply #3384 on: November 06, 2018, 07:26:29 AM »
I've bought trackers in the following companies:

Bolloré SA [CoBF Investment Ideas topic] [Company Website] For my part, ODET.PA has to wait for now,
Ackermans & van Haaren NV [No CoBF Investment Ideas topic so far] [Company Website] [Ticker : ACKB.BR][1],

Sofina SA [No CoBF Investment Ideas topic] [ Company Website ] [Ticker : SOF.BR] Yeah, I get my hair combed here - Financials are only available in French language![1],
HAL Trust [No CoBF Investment Ideas topic]  [Company website] [Ticker : HAL.AS][1], &
Pargesa Holding SA [No CoBF Investment Ideas topic]  [Company Website]  [Ticker : PARG.SWX][2].

- - - o 0 o - - -

1 H/T & credit wachtwoord for putting these companies on my radar.
2 H/T & credit tom for putting this company on my radar. Link to tom's post about it - perhaps tom will cringe even more now [ : - D ].

John,

My concern with Bollore is what happens after Vincent Bollore retires? Does he have the depth of management in place that BRK does?  Look forward to your thoughts.

cheers
Zorro

John Hjorth

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Re: What are you buying today?
« Reply #3385 on: November 06, 2018, 08:46:24 AM »
Zorrofan,

My reply to you is in the BOL.PA topic.
”In the race of excellence … there is no finish line.”
-HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai

valueyoda

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Re: What are you buying today?
« Reply #3386 on: November 06, 2018, 02:06:47 PM »
RRGB after hours. This restaurant chain trades at extremely low EV/EBITDA ratio and normalized owner's earnings. The company needs a good operator to dial back its aggressive restaurant opening schedule and to focus on improving its menu and restaurant image. The chain is not broken beyond repair, but has disappointed now so many quarters that I would be amazed if the company doesn't get bought by PE. 

Foreign Tuffett

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Re: What are you buying today?
« Reply #3387 on: November 06, 2018, 02:40:41 PM »
RRGB after hours. This restaurant chain trades at extremely low EV/EBITDA ratio and normalized owner's earnings. The company needs a good operator to dial back its aggressive restaurant opening schedule and to focus on improving its menu and restaurant image. The chain is not broken beyond repair, but has disappointed now so many quarters that I would be amazed if the company doesn't get bought by PE.

How are you estimating normalized earnings here? Same store sales are falling.

Also, it doesn't look like they even generated sufficient operating income to cover interest expense last Q.

frommi

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Re: What are you buying today?
« Reply #3388 on: November 08, 2018, 04:40:23 AM »
Sold WHG (didn`t meet my "buy more" test on a second inspection, they will have lots of redemptions next quarter) and PEP (reached fair value). Bought more ENB (got a lot more comfortable after the latest earnings) and TAP. Bought back the FB put with a small gain and sold some puts on SYF.

gfp

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Re: What are you buying today?
« Reply #3389 on: November 08, 2018, 12:36:42 PM »
Bought Arconic shares today.  Seems they are about to be sold.  Likely to Apollo