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$EEFT: the activist's pitch, now cheaper than the letter
Euronet trades ~6x forward near a 52-week low while compounding EPS and buying back stock — with Voss already in the room.
22 hrs ago
•
Paul
4
$VSTS: beat, raised, tripled off the lows — and the Street still says Sell
The Aramark uniform spin's turnaround is printing; the sell side's average target is half the price
Jun 13
•
Paul
1
$MATW: a casket maker with a battery-tech stub the market grades at zero
Deathcare cash flow, a balance sheet getting cleaned up, and a dry-battery-electrode option the market prices at roughly zero.
Jun 12
•
Paul
1
$PHIN: buying back the float faster than combustion is melting — maybe
A BorgWarner combustion spinoff shrinking its own float ~7% a year — the question is whether the cash-return rate outruns the secular melt
Jun 11
•
Paul
2
$ARIS: a gold ramp where the back half of 2026 is the whole story
A Colombian gold producer guiding to a back-half-weighted ramp — interesting to dig in on, even after a big run
Jun 10
•
Paul
2
$FWRD: the auction came back empty, so now it's a sale for parts
A failed sale process, a leveraged stub, and a contentious annual meeting next week
Jun 9
•
Paul
2
$PRSU: the old Viad is now just the good stuff
A post-divestiture pure-play on national-park attractions — sub-1x levered, buying back stock, heading into the quarter that makes its whole year
Jun 8
•
Paul
2
$IMKTA: a family grocer on its own land, with an outsider finally in the room
A cheap, family-controlled grocer that owns its dirt — and an activist just got the first independent seat on the board
Jun 6
•
Paul
3
$CMP: the salt deleveraging story with a free lithium option
TL;DR: Compass Minerals cut net leverage from 4.6x to 2.7x in a single year while a partner agreed to fund a lithium plant on its own land — so you’re…
Jun 5
•
Paul
2
$BATRK: pay for the team, get The Battery for free
The only pure-play public MLB team trades at about the franchise alone — which leaves The Battery in the price for next to nothing
Jun 4
•
Paul
2
1
$NVRI: take the USD 15, keep the stub — New Enviri trades regular-way today
Enviri paid holders USD 15 in cash and spun the rest. Net out the cash and Harsco Environmental alone clears the whole stub — Rail comes free.
Jun 3
•
Paul
1
$VSNT: the Comcast cable spin at ~6x earnings
Forced selling and a melting-linear narrative versus a business still guiding to USD 1.0–1.2B of free cash flow
Jun 2
•
Andrew Walker
3
3
2
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