XMFRoyal

Boards Post

XMFRoyal posted to the Jim Royal board. 11:39 PM

YUM

So I'm now out of YUM. The stock is up more than 80% since the spinoff in late 2016, and it's had a rather good 2019, even a great month now. By my math, the stock is pricing in 2020's earnings growth (assuming earnings growth of about [more]

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XMFRoyal replied to the Jim Royal board. 11:28 PM

Re: NRE

Don't I know it?!

It just keeps sliding over the past few weeks. I'm at a bit of a loss as to why, but maybe there's some knowledge leaking out that a deal is off. I'm still holding on to my stock, however.

I will [more]

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XMFRoyal replied to the Jim Royal board. 12:08 AM

Re: TFSL

Yeah, it's strolling up there nicely. A 10% move to reflect the 10% dividend increase might put the stock closer to the high $18s, unless you think the market was pricing in some of that increase already.

Jim

Boards Post

XMFRoyal replied to the Jim Royal board. 7:35 PM

Re: Barnes & Noble Bought by Elliot Management

Yep, SO had a small position in it. Finally this saga may be drawing to an end.

Jim

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XMFRoyal replied to the Jim Royal board. 7:34 PM

Re: Potential SMTA buyout

I expect SRC will be winding down SMTA, and every indication seems to be in that direction. That was basically one of the potential outcomes of spinning off SMTA in the first place. SRC has moved up nicely once Greenstreet put it on a buy list. [more]

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XMFRoyal replied to the Jim Royal board. 5:18 PM

Re: Potential SMTA buyout

You may not want it to, at least yet. If they pay the cash proceeds out as a massive special dividend, you may get the chance to purchase something that's worth $2 for $0.50. (Numbers are illustrative.) That could be much more interesting than if [more]

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XMFRoyal replied to the Jim Royal board. 6:52 PM

Re: Potential SMTA buyout

Yeah, $10 is in the ballpark. Clark Street puts the value at $10.70, because he includes a write-off that should be reversed in due course.

[more]

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XMFRoyal replied to the Jim Royal board. 6:45 PM

Re: TFSL.....

All very interesting. A rather modest raise compared to last year's gargantuan bump, but decent nonetheless. If investors are pricing this off the yield, we might expect to see the stock rise about 10% when it's approved and the information [more]

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XMFRoyal posted to the Jim Royal board. 12:40 AM

Potential SMTA buyout

This one looks like it's pretty close to happening, so we should hear a concrete announcement soon, if so.

[more]

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XMFRoyal replied to the Jim Royal board. 5:49 PM

Re: TFSL.....

Yeah, this guy mis-stated even some basic figures such as their assets. And he seems to also miss the fact that their earnings are misleading due to how shares are counted. These are pretty basic aspects about the company.

While we're [more]

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XMFRoyal replied to the Jim Royal board. 5:26 PM

Re: DWDP Options action on CNBC

DWDP has just been hammered because of the trade war stuff. Not that long ago, it was a $70+ stock (pre-split). The market has just been merciless to it.

Jim

Boards Post

XMFRoyal replied to the Jim Royal board. 5:25 PM

Re: QCOM drops 20+%

Great, Vince! I'm glad it worked out for you. I learned this option lesson the hard way with calls that had tripled in value over maybe 6 months. It was a nice gain, but I thought more was coming, so I held on and held on and held on. The LEAPs [more]

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XMFRoyal replied to the Jim Royal board. 12:46 AM

Re: QCOM drops 20+%

I guess they'll have more time to buy back stock at cheap prices now?

Jim

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XMFRoyal replied to the Jim Royal board. 2:23 AM

Re: NRE

Right, a deal, not "the" deal. The big positive is that CLNY is getting rid of the management contract, meaning that there's not a lot of reason for the stock to trade much below NAV. (That said, this company is sitting on a pile of [more]

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XMFRoyal replied to the Jim Royal board. 11:07 PM

Re: NRE

I continue to own a few percent in NRE and am watching to see what happens here. Hopefully we see a resolution at a nice premium to today's price.

Jim

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XMFRoyal posted to the Jim Royal board. 10:47 AM

JAX

In case anyone is still following this:

http://yetanothervalueblog.com/2019/05/j-alexanders-could-be...

Jim

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XMFRoyal posted to the Jim Royal board. 11:20 AM

DuGan's newest venture

[more]

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XMFRoyal replied to the Jim Royal board. 8:15 PM

Re: ZAYO

The latest news on NRE that I've seen is that there are a couple European players who'd like to fold it into their assets. So I'm still thinking that we get around $19.50 per share on this one. However, they've got all this excess [more]

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XMFRoyal replied to the Jim Royal board. 8:13 PM

Re: ZAYO

Is there some reason not to do a bull call spread, going long the 32.5 and short the 35? That lowers your net effective debit. Maybe those have evaporated, though?

However, I'm surprised the stock still trades so low relative to the deal [more]

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XMFRoyal posted to the Jim Royal board. 8:38 AM

ZAYO

And ZAYO finally gets its buyout offer. Hopefully we see a compelling deal for NRE shortly, yoo.

Jim