Author Topic: What are you buying today?  (Read 1926543 times)

bizaro86

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Re: What are you buying today?
« Reply #5750 on: September 24, 2020, 12:41:34 PM »
Yeah, I've been a buyer recently here at $9.xx

I think I'd prefer to see them buy some more land vs buy back stock however. If they could get a couple more neighborhoods using their water they'd really speed up the tap fees, which is where the value is.

Even if servicing the land was a break even proposition, accelerating the tap fee monetization by a decade or two has a big NPV affect.


Gregmal

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Re: What are you buying today?
« Reply #5751 on: September 24, 2020, 12:46:36 PM »
Agreed. They were close to a deal in January apparently, so we shall see. They have balance sheet options. I'd love to see maybe something like a $10M repurchase authorization and then $20-30M of land acquisitions.

nspo

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Re: What are you buying today?
« Reply #5752 on: September 24, 2020, 12:56:37 PM »
It's weird that I was just searching old PCYO thread today... I'll take that as a sign
Bought some PCYO, NTDOY

TwoCitiesCapital

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Re: What are you buying today?
« Reply #5753 on: September 24, 2020, 01:55:19 PM »
Have been buying more mortgage REITS - primarily Annaly and AGNC.

Selling deep ITM covered calls against the new shares to recoup some cash and insulate against price movements if we hit volatility surrounding the election or if defaults/refinanced are worse than normal.

Just collecting double digit dividends with limited price exposure waiting for a little more confidence in the market/economy.

Castanza

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Re: What are you buying today?
« Reply #5754 on: September 24, 2020, 02:14:43 PM »
CRSR starter

Recent IPO, looks interesting at these levels. Basically 1x sales, decent free cash flow, margins are meh, but growth seems to be there.

https://ir.corsair.com/
Core: MSFT | GOOG | INTC | PLTR | CMCSA | VZ | RTX | MSGS | BATRK | WFC | USB | PNC | BAC | TPL | PPL | PCYO | GRBK | PLNT | ATCO | ESPO | HACK

Funny Money: NIO

kab60

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Re: What are you buying today?
« Reply #5755 on: September 25, 2020, 12:22:56 AM »
Some Park Aerospace, thanks Schwab

Gregmal

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Re: What are you buying today?
« Reply #5756 on: September 25, 2020, 12:24:48 PM »
Finished building a bit of a position in GEOS. Liquidity is a bitch in this one but its an incredible setup. Trades at half of an understated book. No debt. cash + conservative estimate on RE currently equates to about $5 per share. Yea I know O&G suck. I agree. But this is basically a free call option on anything happening at these prices. Including the two new activists forcing a sale/liquidation.

Castanza

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Re: What are you buying today?
« Reply #5757 on: September 25, 2020, 01:55:49 PM »
Nibbled some more RTX and PCYO
Core: MSFT | GOOG | INTC | PLTR | CMCSA | VZ | RTX | MSGS | BATRK | WFC | USB | PNC | BAC | TPL | PPL | PCYO | GRBK | PLNT | ATCO | ESPO | HACK

Funny Money: NIO

Lance

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Re: What are you buying today?
« Reply #5758 on: September 26, 2020, 08:48:48 PM »
This week.

Adds:  DVYE, ENB, ESRT, EQR, GBTC, PBCT, PGRE and TPL
New:  T. Rowe Price Japan fund

Thanks
Lance

Gregmal

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Re: What are you buying today?
« Reply #5759 on: September 29, 2020, 10:00:11 AM »
rebought some PIC.

EDIT: also snagged more PCYO under $9.
« Last Edit: September 29, 2020, 12:10:54 PM by Gregmal »