I had an LP call my “shitco” … “snackwell”…. They can “snack” on this. $STGW @Mark_Penn @jayleveton @ballan11
Funny thing is it’s still 6x PE in 2027 ahead of a generational 2028 political year.
$makeshitcosgreatagain
$compoundersat30xPEnotthesamewith10yrat5pct
$makingmoneythehardway. Or easy way?
Yes they can…. But they said it was substantially undervalued at 18.
$drvn
Roark could take Driven's $DRVN debt back to 5x ND/EBITDA (vs. 3.1x currently) and buyout the 39% public float at $18/sh with only ~$200 mn outlay. Could then look to de-lever by selling Meineke, Maaco, and/or collision brands and only open Take5 franchisees (no co owned stores)
Another interesting SOTP play. Love my topo atmos. $DBI
Today we amended our 13D and filed this presentation summarizing our view of $DBI and Topo Athletic
sec.gov/Archives/edgar/data/…
King William as my son likes to refer to him out with his first public position. Don’t sleep on him.
$LIFE
Muse thoughts. $LIFE appears to be a big beneficiary here. They're functionally an MGA with proprietary technologies that allows what has traditionally been a laborious and in-person process to move online.
Expect their business to further accelerate with a brand-new traffic source. Muse!
See the below video. Ask Muse to find a life insurance policy and watch it go straight to Ethos and work through the flow. @get_Ethos
Holiday weekends create idle hands… funny how the robot just “knows”… pretty soon shareholders will too. $CODI @CODIequity @ACapitalLP @AsifSuria @joemassoud
$DRVN.. The Company is likely trading at 6x EBIT(DA) and ~14 pct FCF yield and ~20 pct on maintenance in 2027. 8 mm shares are short and the de facto float is 32 mm (backing out large long term owners).. Can basically buyback the entire float with one year of FCF. Not $VVV
$codi is it them or me?
finance.yahoo.com/markets/st…
Got too excited I forgot to post the link…..
$DRVN
WE. WILL. NOT. STOP.
$DRVN
finance.yahoo.com/markets/st…
Thanks Bill. Just getting started.
$codi
Daniel Loeb-esque activism at $CODI by @Adam_Wyden
The review of the board members in the second half of the letter is quite something
Full letter:
sec.gov/Archives/edgar/data/…
AI is truly incredible…. @CODIequity
@ACAPResearch
$CODI
It’s time for shareholders to win…
🤖 Made with AI
$codi love me some banana financial.
$CODI — ADW Capital is demanding CODI liquidate, asserting the company is worth $50-$60 per share — a massive 5x-6x premium to today's $10.095 price. We caught this in their SCHEDULE 13D/A filing, revealing an activist group holding 19.3% of CODI is escalating their campaign with a public assault on the board.
The open letter levels explosive allegations of board conflicts, corruption, and governance failures, naming specific directors and detailing their alleged ties to management. This isn't just about valuation; it's a direct charge of impropriety against CODI's leadership. This follows recent attempts by management to appease shareholders with amended management agreements that cut base fees, efforts that clearly fell short. With CODI reporting Q1 operating losses and a $20.5 million goodwill impairment, ADW's demands gain significant leverage.
ADW is threatening to run its own slate of directors and pursue legal remedies, setting the stage for a high-stakes proxy fight. This marks a significant escalation in an ongoing pattern of activist pressure, forcing the board to respond or face a public battle for control.
Headlines are late. Filings aren't.
Source & full breakdown: Wiseek (link in bio)