ToffCap

RT @ToffCap: And another TMM highlight that seems ready for some action. Forward Air $FWRD is up c. 25% since our flag some weeks ago: In…

The longer I invest, the smaller my valuation models become. (tbh can't even call them 'models' anymore...)

And another TMM highlight that seems ready for some action. Forward Air $FWRD is up c. 25% since our flag some weeks ago: In a letter to the company, activist Ancora urged Forward Air to initiate a strategic review and consider a sale. The letter notes that 'holders of https://t.co/IfvNSOrs3i

It's almost time for the next Toffcap Monday Monitor, our regular overview of interesting event-driven trades and companies ✅ Out on Monday. Find it @ToffCap 👈💪 https://t.co/gMutQYkhvG

Lately, I jump from 'I should leave Fintwit' to 'let's do it full-time' on a daily basis.

RT @ToffCap: The Talkspace $TALK story is getting more traction (also thanks to @Uzocapital 's excellent work), and the shares are doing th…

If you're having a bad day, keep in mind that quite a few people sold $CLMT here 'because the story is ☠️' https://t.co/0LanrGIqA0

The Talkspace $TALK story is getting more traction (also thanks to @Uzocapital 's excellent work), and the shares are doing their thing. Now up roughly 40% since our highlight in the TMM roughly a month ago. As often, the combo of inflecting fundamentals and insiders adding in https://t.co/gLGhnviRky

How it can turn so quickly... $CLMT https://t.co/5fnfzisDcJ

RT @ToffCap: BIG Altus Group $AIF $ASGTF deep dive in Headwaters Capital's recent Q3 letter 👇 @Headwaters_Cap sees >80% potential on relat…

✅✅✅ Let’s go MAR! $NTIP 👇

The amount of times I've heard 'I'll buy it when it corrects' Countless. Just today again a couple of times from (potential) clients. It almost never happens. Price often drives the narrative once the stock starts to correct. Many just end up buying higher, or missing out.

Meanwhile FlatexDegiro $FTK keeps doing its thing. $FTK remains very interesting, more so now that the managerial turbulence is more or less over (hopefully). Yes, still a 'crappy broker' etc; Flatex performed well in a tough environment and now that environment continues to https://t.co/4gNjt1ZIwj

https://t.co/roKKy5xHlK

https://t.co/8JcIrWVQy2

BIG Altus Group $AIF $ASGTF deep dive in Headwaters Capital's recent Q3 letter 👇 @Headwaters_Cap sees >80% potential on relatively comfortable assumptions. https://t.co/5KmUMK07x9

Always great to find new interesting accounts. Do yourself a favor and follow @Stl_MAR . Already flagged me a couple of 👌👌 micro-caps. Hope MAR will be more active in the future. @evfcfaddict can you work your magic?

RT @ToffCap: It's always nice to beat sleepy investors and news outlets. Unifiedpost $UPG was up >10% over the past few days as news broke…

Seems like a good day for stink bids on micro-caps

$OCI 👇 Would not be surprised to see Remainco taken out over the next 12 months.

At 14 I was broke, depressed and living with my parents. Now I'm 20 and making $10m / month working 3 hrs / day. Follow these two steps. Man, the amount of bs sometimes is 🤢🤮

It's always nice to beat sleepy investors and news outlets. Unifiedpost $UPG was up >10% over the past few days as news broke that the company will sell assets to repay a large outstanding loan 👇 From our TMM last week: Little, indebted $UPG recently announced the sale of https://t.co/nAwabYu1ll

RT @ToffCap: Lightspeed Commerce $LSPD is working with bankers (JP Morgan) to conduct a strategic review of its business and operations. T…

Working on the next write-up which I will share in the next few weeks. Despite many linking ToffCap to event-driven (for obvious reasons) I'm mainly looking for the next multi-year investment. The strong growth + secular tailwinds + cheap + 'buy at every dip' kind of

Lightspeed Commerce $LSPD is working with bankers (JP Morgan) to conduct a strategic review of its business and operations. The company mentioned it is engaged in discussions relating to 'a range of potential strategic alternatives'. This one could be very interesting to keep https://t.co/1k10L355nn

Has anyone done any recent work on Web Travel $WEB? Always interested in growing companies that do this 👇 https://t.co/6NkHASFJcO

Every now and then VIC pitches used to appear on Fintwit. Now more and more Fintwit pitches appear on VIC.

How is the US Presidential Election race shaping up just weeks after President Biden stepped away with Vice President Harris now the Democratic nominee? Read our latest ARP+ Opinion Paper to hear our view and what it may mean for investors. https://t.co/aaNIMwHtWI https://t.co/YDpIOlz5I0

Green stocks have suffered as Trump becomes more likely to win. Classifying uranium as part of the 'Trump Trade' is, however, a great mistake that investors should take advantage of. Find out more in our latest ARP+ research paper. https://t.co/N0c60xLT5F https://t.co/nOmSV51hVq

RT @ToffCap: Interesting Intellego $INT write-up from Infuse Asset Mgt @RyanReeves_ recent Q3 letter👇 Infuse believes $INT could do $20m…

Man! It’s unbelievable I only now realised that Constellation Software’s $CSU Mark Leonard and Rick Rubin might be the same person https://t.co/vyj7Rks1sX

RT @ToffCap: If you follow us a bit you'll know that we tend to closely track insider activity. We don't just look for open market purchas…

Interesting Intellego $INT write-up from Infuse Asset Mgt @RyanReeves_ recent Q3 letter👇 Infuse believes $INT could do $20m ebit over the next 18 months, putting the company at ~3 x ev/ebit on FY25. https://t.co/R2LhaqtN7i

Reiterating this one 👇 Mammoth Energy $TUSK is now debt free, ~50% of market cap in net cash and another 25% coming. Unfortunately little time atm (working ao on a few write-ups 😉) Happy to hear if someone dug in 💪 (h/t @Stl_MAR for the idea)

If you follow us a bit you'll know that we tend to closely track insider activity. We don't just look for open market purchases by insiders - most tend not to be actionable signals - but for (sizable) purchases AND a catalyst / good fundamentals. A recent highlight in our TMM https://t.co/Xthd9Bw3D8

Conspiracy Fact

EU

RT @TomSmith839: @icemancapital Also tried to put the efficiency in a table for $FOUR $TOST & $LSPD The best (payment) companies do 75% EBI…

RT @TomSmith839: @icemancapital Great representation of incremental GP. I would add (and I could be wrong) that the M&A by $FOUR has much l…

RT @ToffCap: In today's Weird Listed Companies segment, you might have heard of Tonies $TNIE One of the handful of European SPACs over the…

RT @ToffCap: Powerfleet $AIOT will be holding its first (live) investor day soon (Nov 20) and this might be an interesting one to check out…

In today's Weird Listed Companies segment, you might have heard of Tonies $TNIE One of the handful of European SPACs over the past years. I gave this one a much shorter (listed) life, but surprised to see the financials actually moving in the right direction. (or perhaps I https://t.co/FlinbClJUX

Powerfleet $AIOT will be holding its first (live) investor day soon (Nov 20) and this might be an interesting one to check out. A lot is going on at this old Toffcap favorite, mainly given the transformational acquisition of Fleet Complete. The combo should create a company https://t.co/VzPQmM8BhK

RT @InvestSpecial: The stock has just popped on the news of the combination and strategic investment with CC Capital. CC Capital acquires…

RT @JoshCrumb: Interesting investment framing: investing in #LNG via market infrastructure (and tech/software) rather than physical infrast…

RT @SStapczynski: Southeast Asia will become a net natural gas importer as early as 2027 (!!) 🚢🚢 👉 LNG exporters, like Indonesia & Malaysi…

The team at $PYPL keeps delivering!!

Curious about which S&P500 stocks have the highest exposure to China (where it’s reported separately)? Here’s a screenshot from @Calcbench showing the top 10. The top 3 are: - $QCOM - $MPWR - $KLAC Among these, the companies with the highest China revenue growth rates in 2023 https://t.co/US1XYAPmUV

RT @NGInews: November Natural Gas Futures Tank as Market ‘Isn’t Ready’ for $3 Prices: The November natural gas futures contract crumbled on…

RT @JoshCrumb: The Abaxx “Back to the Futures” #LNG Benchmark white paper is now in an easy podcast episode form, thanks to the magic of Go…