ULTIMATE VALUE: Overlooked stocks and special situations.
TABLE OF CONTENTS
Introducing a new way to navigate Ultimate Value.
This will be a live document updated as new ideas are posted.
Actionable / Open Ideas
($ = paywalled content)
11/20/24 - ($) QP #19 - An attractive short-term setup with catalysts
10/30/24 - ($) QP #18 - A special situation with a timely catalyst
09/19/24 - ($) High-quality asset at deep value prices
08/16/24 - ($) QP #17 - Cheap SaaS business with operating momentum
07/18/24 - ($) QP #16 - Trading below liquidation + inflecting earnings
06/30/24 - ($) QP #15 - Re-visiting a name w/a big upcoming catalyst
06/09/24 - ($) A cheap compounder with a kicker
04/24/24 - ($) TMP #13 - Cheap US-biz with an unappreciated catalyst
04/17/24 - ($) TMP #12 - Another cheap remainco
04/07/24 - ($) +20% top-line grower at 4x EBITDA
03/11/24 - ($) TMP #11 - 60% discount to NAV, attractive asset + activist
02/27/24 - ($) TMP #10 - Dirt cheap + inflecting fundamentals
02/04/24 - ($) Pick-and-shovel play with major catalyst
01/20/24 - ($) TMP #9 - A SaaS gem at 1x ARR
11/14/23 - ($) TMP #6 - Revisiting a remainco opportunity
09/16/23 - ($) Good & cheap SaaS biz / bad balance sheet
08/06/23 - ($) A high-quality SaaS business for a song
07/09/23 - ($) Gravity (US: GRVY)
04/19/23 - ($) Leonardo SpA (MI: LDO)
Closed Ideas
09/19/24 - Trade Idea # 3
10/31/23 - TMP #5 - Sale/carve out opportunity
05/16/24 - TMP #14 - 50% Grower at an extremely low valuation
01/09/24 - TMP #8 - GARP with a kicker
12/19/23 - TMP #7 - Deep, deep value with inflecting earnings
10/15/23 - Cheapest e-com biz in the world?
11/26/23 - L’Occitane International (HK: 973)
10/26/23 - TMP #4 - Webcentral (ASX: WGC)
03/03/24 - Trade Idea # 2
04/23/23 - Companhia Brasileira De Distribuição (US: CBD / EXTO closed)
05/13/23 - Outbrain (US: OB)
10/11/23 - TMP #3 - Activist + strategic alts in apparel company
11/30/23 - Trade Idea #1 (UK: QRTO)
09/19/23 - TMP #2 - Pendragon (LSE: PDG)
08/15/23 - TMP #1 - Lifeway Foods (US: LWAY)
05/13/23 - Lastminute.com (SW: LMN)
03/23/23 - The Restaurant Group (LSE: RTN)
10/17/22 - Target Hospitality (US: TH)
03/20/22 - Poshmark (US: POSH)