Author Topic: What are you buying today?  (Read 1278948 times)

Cigarbutt

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Re: What are you buying today?
« Reply #3890 on: June 22, 2019, 04:45:02 AM »
Started small position in DF @ 1.01 ... looks like someone else had the same idea ;D
Dean Foods is an interesting company and would appreciate that you eventually share the outcome and underlying rationale in the DF thread.
FWIW, earlier this month, the CEO of Saputo commented that he looked at the company:
"There is more capacity than people drinking milk in the U.S., which would make an acquisition of Dean Foods a volume play rather than a value play". Right now, I'm drinking a glass of milk but I agree with Mr. Saputo.


CorpRaider

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Re: What are you buying today?
« Reply #3891 on: June 22, 2019, 05:52:53 AM »
KTB

"Cowboy hat from Gucci, Wrangler on my booty."  I need to read that S-1, but I am lazy AF.

Posted a deep dive on this yesterday:

https://lowtideinvestments.com/2019/06/18/kontoor-brands/

Enjoyed reading that.  Thanks for sharing.  I suppose my similar, sort of opportunity cost for a KTB position might be CPRI or TPR.

Thank you for sharing your research. I have been working on KTB as well.

I was far from impressed with the Q1 results KTB released today. Not a total surprise that Q1 was weak though, since VF's Q1 earnings still included Kontoor.

Good example of negative operating leverage, wasn't it?  Someone should probably start a thread.

Spekulatius

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Re: What are you buying today?
« Reply #3892 on: June 22, 2019, 06:52:01 AM »
Quote
Good example of negative operating leverage, wasn't it?  Someone should probably start a thread.
I suggest a thread to consolidate spinoff stock discussions in the strategy section. I believe that any thread for a single ticker wonít get critical mass.
To be a realist, one has to believe in miracles.

gjangal

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Re: What are you buying today?
« Reply #3893 on: June 23, 2019, 09:36:28 PM »
ESTC 13.7 EV/S . Gross margins in the 70s. Interesting use cases. Can go to a 1B usd in revenue in the next few years if they maintain this growth

Lance

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Re: What are you buying today?
« Reply #3894 on: June 25, 2019, 07:55:15 AM »
ABBV, IMBBY and IAU

Thanks
Lance

Castanza

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Re: What are you buying today?
« Reply #3895 on: June 25, 2019, 10:09:42 AM »
ABBV, IMBBY and IAU

Thanks
Lance

Lance, I always find your positions quite interesting. Do you use IAU as a hedge?

eatliftinvestgolf

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Re: What are you buying today?
« Reply #3896 on: June 25, 2019, 05:13:52 PM »
Shifted a large chunk of BRK.B into BUD and a little cash today. (tax free)
32% BRK.B, 28% WFC, 16% BUD, 16% alternatives, 8% cash

Lance

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Re: What are you buying today?
« Reply #3897 on: June 25, 2019, 07:16:17 PM »
ABBV, IMBBY and IAU

Thanks
Lance

Lance, I always find your positions quite interesting. Do you use IAU as a hedge?

Hi Castanza - yes, I do.  Iím concerned that rates are headed lower, particularly between now and the election.  I already hold a large position in TLT and donít want to add to it (will opportunistically take this off if rates continue lower).  Also Iím not comfortable shorting the indexes even though they seem overvalued here.  Thus, IAU it is.

Thanks
Lance

Castanza

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Re: What are you buying today?
« Reply #3898 on: Today at 06:17:55 AM »
ABBV, IMBBY and IAU

Thanks
Lance

Lance, I always find your positions quite interesting. Do you use IAU as a hedge?

Hi Castanza - yes, I do.  Iím concerned that rates are headed lower, particularly between now and the election.  I already hold a large position in TLT and donít want to add to it (will opportunistically take this off if rates continue lower).  Also Iím not comfortable shorting the indexes even though they seem overvalued here.  Thus, IAU it is.

Thanks
Lance
Thanks Lance, appreciate the response.

Gregmal

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Re: What are you buying today?
« Reply #3899 on: Today at 07:51:35 AM »
Finally pulled the trigger on some HHC at 92.63. We should be nearing there bottom.