XMFRoyal

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XMFRoyal replied to the Jim Royal board. 12:19 AM

Re: Any thoughts on this - BAM

Vince--

I'm definitely interested in whatever BAM is doing, and I've found them to be a worthwhile follow from their (first?) spinoff in BIP. The more recent Trisura spin (now nearly 5 years ago) was a great setup and has performed [more]

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XMFRoyal replied to the Jim Royal board. 10:34 AM

Re: Luby's - The End is Nigh

Thank you, Rob!

Best!

Jim

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XMFRoyal replied to the Jim Royal board. 11:56 PM

Re: Luby's - The End is Nigh

Thank you so much, Vince!

Best,

Jim

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XMFRoyal replied to the Jim Royal board. 6:23 PM

Re: Luby's - The End is Nigh

Thanks, David and David! I replied before I saw the other congratulations. So long already with the Fool.

You know I was reading about Substack the other day and thinking about what it would take to launch a newsletter there. I'm still [more]

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XMFRoyal replied to the Jim Royal board. 6:19 PM

Re: Luby's - The End is Nigh

Hey, hey! Thanks, Murph! Time just slips on by!

Jim

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XMFRoyal replied to the Jim Royal board. 10:44 AM

Re: Luby's - The End is Nigh

Matt, that looks to me like they've provided a cost basis of $1.80, and that the actual amount may/will differ based on what actually is paid out by the trust.

Best,

Jim

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XMFRoyal replied to the Jim Royal board. 8:46 PM

Re: FFBW

Interesting point, Randy. Yes, FFBW has had a hard time breaking through $12.20 or so, and we'll see if it holds above there now.

Jim

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XMFRoyal replied to the Jim Royal board. 8:45 PM

Re: FFBW

Yes, that's unusually high, at about 2% of outstanding shares. We've had a few high-ish days in the last month, but nothing as large as today for a while.

You can see in late March when Mackey sold out 300k+, and that's the last [more]

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XMFRoyal replied to the Jim Royal board. 2:47 PM

Re: TFSL Is Now Yielding 6.8%

Well, we will now see what the regulator thinks of the dividend.

Jim

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XMFRoyal replied to the Jim Royal board. 10:59 PM

Re: TFSL Is Now Yielding 6.8%

I think we just get the same dividend at best.

Jim

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XMFRoyal replied to the Jim Royal board. 8:37 PM

Re: TFSL Is Now Yielding 6.8%

I'll be interested to see what they do with the dividend this time around. We should have a filing soon enough.

Jim

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XMFRoyal replied to the Jim Royal board. 11:38 PM

Re: FFBW

Thanks, David! Let me know if you have any questions!

Best,

Jim

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XMFRoyal replied to the Jim Royal board. 6:51 PM

Re: FFBW

Ah, you beat me to it, Matt!

Thanks!

Jim

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XMFRoyal replied to the Jim Royal board. 9:22 PM

Re: BMTX/FSWA

This is not something I really follow. But in general all these deal chaser law firms come out of the woodwork when a deal is announced. Mostly, they're just looking for a payday. Very typical.

Why do you say it's big for their [more]

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XMFRoyal replied to the Jim Royal board. 1:06 PM

Re: When's the time to move to HQ growth sto

Thank you, Balto! I'm glad to hear that you're able to retire and spend time with your loved ones and do the things you really enjoy!

Over time, the Fool has been a great place for me to study investing and connect with other [more]

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XMFRoyal replied to the Jim Royal board. 7:06 PM

Re: 16.5% annualized returns over next 3 years

Arindam--

Look at some of the results from other lodging companies, admittedly in adjacent verticals (h/t Andrew Walker):
...
There’s probably nothing more discretionary than gambling, and particularly heading to Vegas to gamble (or [more]

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XMFRoyal posted to the Jim Royal board. 12:53 AM

16.5% annualized returns over next 3 years

Ok, I've pointed out the PEB preferreds before, but pricing is starting to look really good on them, I think. Series E is $19.50 and Series F is $19.60, and the coupon is similar on both, at ~$1.58. That's a yield of nearly 8.1% on cost [more]

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XMFRoyal replied to the Jim Royal board. 6:26 PM

Re: When's the time to move to HQ growth sto

Hey, Balto,

I think it's useful to consider the historic P/E levels for some sense of depth. That can be valuable to understand where we are.

I think it's also important to remember, too, that if we're looking at [more]

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XMFRoyal replied to the Jim Royal board. 6:18 PM

Re: TFSL Is Now Yielding 6.8%

Oh, and let me also add that they had equity levels that are generally at least twice the level needed to be considered well capitalized. See p68 for that.

Jim

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XMFRoyal replied to the Jim Royal board. 6:17 PM

Re: TFSL Is Now Yielding 6.8%

Kingran, check out p71 of the latest TFSL 10-Q to get some idea of how much a change in rates affects the situation at TFSL: [more]