Sublime
An inspiration engine for ideas
$TWOU's bonds currently trade in the low 50s and yield over 50%. A bondholder group has allegedly formed and is pitching LME.
I reviewed the current situation and just posted my thoughts on the capital structure (loan, bonds, and equity)
Link in bio. #distressed #specialsits #2U #bankruptcy
Michael Burry has been on a buying spree!! $CVS $WBD $GEO https://t.co/HNbfmDuYih
Rick Guerin’s write up for: The Security I Like Best
Personal Property Leasing Company
( I’m sure @MohnishPabrai would be interested in this one ) https://t.co/NI9QO9hnPN
"Of course Buffett crushed it during his partnership days. Stocks were so cheap. You can't find ideas like that anymore. They're all gone."
Dan Schum: "Hold my beer."
Here was the valuation:
• P/E = 1.1
• P/cash = 0.18
• P/BV =... See more
I have been fascinated by the @HindenburgRes $IEP situation, and there are some interesting learnings here. For example, one learns from $IEP that a controlling shareholder of a company with a small float that pays a large dividend can cause his company to trade at a large premium to intrinsic value, best approximated in $IEP by its NAV per share.... See more
Bill Ackmanx.com
Bonds are boring? 😍 Tata Capital AAA rated bond was on offer for 1.07% for 23 days or 18.45% annualised yield. Bonds can actually make great returns - my discovery of the day. Is TATA, paying 18% interest on its debt ? NO! https://t.co/sXyn8f4mUX
effjay
@effjay